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Friday, 31 October 2014.

CLEARING THE AIR: 1MDB denies overpaying for energy, real estate assets and getting preferential treatment in power plant tenders

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Dagang Nexchange most active

Friday, October 31, 2014 - 16:47

KUALA LUMPUR: Dagang Nexchange Bhd, the most actively-traded stock as at mid-afternoon today, saw its price up one sen, or 2.7 per cent.

Public Mutual declares income distributions for 9 funds

Friday, October 31, 2014 - 16:44

KUALA LUMPUR: Public Mutual Bhd, a wholly-owned unit of Public Bank Bhd, has declared distributions totalling over RM312 million for nine of its funds.

Malaysia-HK tie up to offer Islamic funds

Friday, October 31, 2014 - 15:59

DUBAI: A tie-up between Malaysian and Hong Kong asset managers aims to market Islamic funds in mainland China, helping expand sharia-compliant investment products outside the industry's core centres in southeast Asia and the Middle East.

Tin closes higher at US$20,100 a tonne

Friday, October 31, 2014 - 15:43

KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed higher today on renewed buying interest and in tandem with gains on the London Metal Exchange (LME), said a dealer.

Domestic PPI for September up 0.6pc

Friday, October 31, 2014 - 15:39

KUALA LUMPUR: Malaysia's domestic Producer Price Index (PPI) for September rose 0.6 per cent to 126.2 from 125.5 in the same month last year, the Statistics Department said today.

KL shares remain higher

Friday, October 31, 2014 - 15:33

KUALA LUMPUR: Share prices on Bursa Malaysia remained higher at mid-afternoon today with the FTSE Bursa Malaysia KLCI (FBM KLCI) adding 2.88 points.

Faber to become regional player via merger plan

Friday, October 31, 2014 - 15:27

KUALA LUMPUR: Faber Group Bhd is set to become one of the region's largest asset development and asset management players following the completion of a RM1.15 billion merger with Opus Group Bhd (Opus) and Projek Penyelenggaraan Lebuhraya Bhd (Propel).

Carimin’s IPO oversubscribed 22.1 times

Friday, October 31, 2014 - 15:22

KUALA LUMPUR: The public portion of Carimin Petroleum Bhd's initial public offering (IPO), comprising 11.7 million shares, was oversubscribed by 22.1 times.

Global launch of Battersea Power Station

By Marina Emmanuel - Friday, October 31, 2014 - 15:15

LONDON: Over three decades after electricity production had ceased at its site, the Battersea Power Station here was placed into the limelight yet again, as a first wave of 13 cities on a global tour welcomed public exhibitions for a sales launch of its development.

Oil prices down in Asian trade

Friday, October 31, 2014 - 12:09

SINGAPORE: Oil prices fell in Asia Friday, pressured by a stronger dollar as dealers speculated over whether the will Federal Reserve lift interest rates sooner than later, analysts said.

Malaysian 10-year bonds head for monthly gain

Friday, October 31, 2014 - 11:57

Malaysia’s 10-year bonds rose this month, pushing the yield down the most since July, as a deteriorating global economic outlook spurred demand for the relative safety of government debt.

MAS offers greater travel experience with MHupgrade

Friday, October 31, 2014 - 11:51

KUALA LUMPUR: Malaysia Airlines is offering guests the opportunity to upgrade their seats by determining their own price through its latest product, MHupgrade.

Bursa extends gains mid-morning

Friday, October 31, 2014 - 11:47

KUALA LUMPUR: Bursa Malaysia extended its gains at mid-morning today as the overnight rise in Wall Street fuelled optimism in the local equities market.

Ringgit opens higher against US dollar

Friday, October 31, 2014 - 10:41

KUALA LUMPUR: The ringgit opened higher against the US dollar propped up by buying interest following yesterday's decline, said a dealer.

KL shares open higher, tracking Wall Street’s gains

Friday, October 31, 2014 - 10:37

KUALA LUMPUR: Bursa Malaysia opened higher in line with regional bourses, after overnight gains on Wall Street.

Wall Street up on GDP, earnings

Friday, October 31, 2014 - 10:29

NEW YORK: US stocks rose on Thursday, boosted by a strong reading on quarterly economic growth and by another round of upbeat earnings reports including Visa, which accounted for nearly 140 points in the Dow industrials.