Business

Wooing US investors

By FRANCIS - Wednesday, 24 September 2014.

HIGH-POWERED MEETINGS: Najib targets global fund managers with US$9tril o WORLD MARKETS f assets under their care

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PNB declares 6.6 sen income distribution for Amanah Saham 1Malaysia

Wednesday, September 24, 2014 - 11:47

KUALA LUMPUR: Amanah Saham Nasional Bhd, a wholly owned subsidiary of Permodalan Nasional Bhd (PNB), today announced an income distribution of 6.6 sen per unit for Amanah Saham 1Malaysia (AS1M) for the financial year ending Sept 30, 2014.

KL shares remain in positive territory mid-morning

Wednesday, September 24, 2014 - 11:39

KUALA LUMPUR: Shares on Bursa Malaysia remained in positive territory at mid-morning lifted by gains in selected heavyweights as bargain-hunters beat profit-takers.

General insurance industry to continue growth momentum in 2H14: PIAM

Wednesday, September 24, 2014 - 10:47

By Muhammed Ahmad Hamdan

AirAsia BIG and Hilton HHonors team up for travellers benefit

Wednesday, September 24, 2014 - 10:44

By ZARINA ZAKARIAH

DHL Express may increase flight frequencies, aircraft capacity

Wednesday, September 24, 2014 - 10:41

By Marina Emmanuel

KL shares open higher

Wednesday, September 24, 2014 - 10:36

KUALA LUMPUR: Share prices on Bursa Malaysia erased yesterday's losses and opened higher on better buying support in selected heavyweights such as British American Tobacco.

Ringgit opens slightly lower against US dollar

Wednesday, September 24, 2014 - 10:32

KUALA LUMPUR: The ringgit opened slightly lower today on weaker demand for the local unit as well as lack of market moving catalysts.

Wall St ends lower; S&P falls for 3rd straight day

Wednesday, September 24, 2014 - 10:28

NEW YORK: US stocks fell on Tuesday, with consumer staples leading the S&P 500 down to its third straight daily loss, as investors grew concerned about the pace of global economic growth.

CPO prices depressed on continuous selling

Tuesday, September 23, 2014 - 23:57

KUALA LUMPUR: Crude palm oil (CPO) futures prices remained lower on continuous selling yesterday, a dealer said.

Rubber prices end higher

Tuesday, September 23, 2014 - 23:56

KUALA LUMPUR: The Malaysian rubber market closed higher yesterday for the third day, tracking the perfomance on the Tokyo Commodity Exchange (TOCOM), a dealer said.

Ringgit up on renewed buying

Tuesday, September 23, 2014 - 23:55

KUALA LUMPUR: The ringgit closed sharply higher against the US dollar yesterday on renewed buying interest for the local unit.

Tin closes lower at US$22,250

Tuesday, September 23, 2014 - 23:54

KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed lower by US$150 to US$22,250 a tonne yesterday due to lack of buyers, a dealer said.

KLIBOR futures end unchanged

Tuesday, September 23, 2014 - 23:53

KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts closed unchanged yesterday.

Gold futures close lower

Tuesday, September 23, 2014 - 23:51

KUALA LUMPUR: Gold futures contracts closed lower yesterday on lack of demand, a dealer said.

Brent slips at close

Tuesday, September 23, 2014 - 23:50

NEW YORK: US crude oil futures fell yesterday and were on track for a fifth straight week of declines, while Brent remained under pressure on a strong dollar and plentiful supplies.

TNB shares jump on power plant pact

Tuesday, September 23, 2014 - 23:44

KUALA LUMPUR: Shares of Tenaga Nasional Bhd (TNB) rose as much as 18 sen yesterday following news that the national utility firm has teamed up with 1Malaysia Development Bhd’s unit, Powertek Bhd, to build a RM6 billion power plant in Bangladesh.