Business

Petronas completes acquisition of Azerbaijan assets

Sunday, 3 May 2015.

BAKU (Azerbaijan): – Malaysia’s state-owned oil and gas giant Petronas has completed its transaction for the acquisition of oil and gas related assets in Azerbaijan, following a sales and purchase agreement it signed with Norway-based Statoil in October last year.

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Short-term rates to remain stable

Tuesday, May 5, 2015 - 10:28

KUALA LUMPUR: Short-term interbank rates are expected to remain stable today on Bank Negara Malaysia (BNM)’s intervention to absorb excess liquidity from the financial system.

Ringgit opens lower against US Dollar

Tuesday, May 5, 2015 - 10:26

KUALA LUMPUR: The ringgit opened lower against the US dollar on lack of buying support for the local note.

KLCI futures opens higher

Tuesday, May 5, 2015 - 10:17

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI futures contract (FKLI) on Bursa Malaysia Derivatives opened higher this morning.

FBM KLCI opens higher

Tuesday, May 5, 2015 - 10:12

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened higher in tandem with the positive Wall Street performance overnight.

FTSE Bursa Malaysia update

Tuesday, May 5, 2015 - 09:48

KUALA LUMPUR: At 9.30 am today, there were 243 gainers, 127 losers and 198 counters traded unchanged on the Bursa Malaysia.

Gold down at RM133.12 per gramme

Tuesday, May 5, 2015 - 09:43

KUALA LUMPUR: The physical price of gold as at 9.30am stood at RM133.12 per gramme, down 31 sen from RM133.43 last Friday. – BERNAMA

MAS to utilize fleet, maximize revenue: CEO

By - Monday, May 4, 2015 - 20:24

KUALA LUMPUR: Malaysia Airlines (MAS) will go all out to drive the design and implementation of the business plan to turn the national carrier to sustainable profitability.

China, Japan, S.Korea commit to economic policies supporting demand

Sunday, May 3, 2015 - 16:51

BAKU: Central bankers and finance ministers from China, Japan and South Korea said on Sunday they remained committed to policies to support demand in the face of moderate and uneven global growth.

Petronas completes acquisition of Azerbaijan assets

Sunday, May 3, 2015 - 15:33

BAKU (Azerbaijan): – Malaysia’s state-owned oil and gas giant Petronas has completed its transaction for the acquisition of oil and gas related assets in Azerbaijan, following a sales and purchase agreement it signed with Norway-based Statoil in October last year.

KL shares easier at mid-afternoon

Thursday, April 30, 2015 - 15:41

KUALA LUMPUR: Shares on Bursa Malaysia fell at mid-afternoon today on lack of buying interest ahead of the long weekend.

NCB, MMC Corp to explore potential synergy

Thursday, April 30, 2015 - 15:33

KUALA LUMPUR: Port operators NCB Holdings Bhd and MMC Corporation Bhd are discussing a potential synergy between their ports and logistics business, NCB Group Managing Director Abi Sofian Abdul Hamid said.

Gold futures mostly lower at mid-day

Thursday, April 30, 2015 - 15:29

KUALA LUMPUR: The gold futures contracts on Bursa Malaysia Derivatives were mostly lower at mid-day today with three contract months traded.

PGB records RM1.7b profit after tax

By ZARINA ZAKARIAH - Thursday, April 30, 2015 - 15:11

KUALA LUMPUR: Petronas Gas Bhd (PGB) recorded profit after tax of RM1.7 billion despite declining crude oil prices, ringgit depreciation and a challenging economy.

Malaysia sukuk sales jump to 16-month high as confidence returns

Thursday, April 30, 2015 - 15:07

KUALA LUMPUR: Islamic bond sales in Malaysia jumped this month to the most since December 2013, adding to signs confidence is returning to the world’s biggest sukuk market.

MaxisONE goes limitless with new offerings

Thursday, April 30, 2015 - 14:57

KUALA LUMPUR: MaxisONE has gone limitless by launching three brand new offerings – limitless streaming and free access to Spotify Premium, freedom to cast entertainment from your device to any television with Chromecast, and sharing Internet data with everyone else via the MaxisONE Share Plan.

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