KUALA LUMPUR: Proton Holdings Bhd will offer a 20 per cent discount to the total repair cost of customers who suffered damages to their cars due to flooding.
SINGAPORE: Oil prices extended losses in Asia Wednesday as speculation swirls that the OPEC oil cartel will maintain output at this week's closely watched meeting despite a global supply glut.
Malaysia’s ringgit rose to the strongest level in almost two weeks as demand for the dollar waned after an unexpected drop in US consumer confidence.
KUALA LUMPUR: Moody’s Investors Service warned that any `disorderly’ market reaction to a possible US rate hike next year could pose a risk to Malaysia as well as Thailand and the Philippines.
KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) improved at mid-morning today on continued buying demand for selected blue chips and key heavyweights.
KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened slightly higher in early trade today supported by some buying demand in selected blue-chips.
KUALA LUMPUR: The ringgit opened higher against the US dollar this morning on renewed buying interest, a dealer said.
NEW YORK: US stocks ended little changed on Tuesday as the United States (US) economy grew more than expected last quarter but soft readings on consumer confidence and house prices kept major indexes in a tight range.
KUALA LUMPUR: The International Monetary Fund (IMF) said Malaysia’s growth prospects remain strong but structural reforms may be required to maintain the performance, especially against a backdrop of weaker growth in advanced economies.
KUALA LUMPUR: Boustead Heavy Industries Corp Bhd’s (BHIC) indirect subsidiary, Contraves Advanced Devices Sdn Bhd, has been awarded a £3.88 million (RM20.37 million) contract by Boustead Naval Shipyard Sdn Bhd to supply combat system equipment and related services.
KUALA LUMPUR: Malaysian credit-reporting agency, CTOS Data Systems, will collaborate with California-based Fair Isaac Corp (FICO) to roll out a FICO credit score to financial institutions early next year, according to a report by Wall Street Journal (WSJ) yesterday.
KUALA LUMPUR: BIMB Holdings Bhd, which controls Bank Islam Malaysia Bhd, has posted a net profit of RM125.2 million in the third quarter ended September 30, up 66 per cent from RM75.4 million in the same quarter a year ago.
LONDON: Brent crude oil prices steadied around US$80 a barrel yesterday, ahead of a meeting of Opec oil producers to decide on production levels for next year.
KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed unchanged at US$20,200 a tonne yesterday, despite lower price of the metal on the London Metal Exchange, said a dealer.
KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (Klibor) futures contracts closed untraded yesterday.
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