KUALA LUMPUR: Malaysia is among the countries that is capitalising the lucrative and transparent real estate market in London, United Kingdom.
KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives was untraded at 9.45 am.
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI futures contract (FKLI) on Bursa Malaysia Derivatives opened lower this morning.
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.
KUALA LUMPUR: The ringgit rebounded from yesterday’s losses to open higher against the US dollar today on renewed buying interest, a dealer said.
KUALA LUMPUR: At 9.30 a.m. today, there were 153 gainers, 176 losers and 208 counters traded unchanged on the Bursa Malaysia.
KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower in line with the weaker performance on Wall Street overnight.
LONDON: BG Chief Executive Helge Lund on Tuesday welcomed with “mixed emotions” Royal Dutch Shell’s $70 billion takeover bid, which came only two months after he took office.
ZURICH: Switzerland’s UBS reported its biggest quarterly profit in nearly five years on Tuesday, justifying the bank’s decision to refocus on wealth management and slim down its investment bank.
WASHINGTON: The U.S. trade deficit surged to its highest level in nearly 6-1/2 years in March as imports rebounded strongly after being held down by a labor dispute at key West Coast ports, suggesting growth contracted in the first quarter.
BRUSSELS: — The European Union’s competition watchdog has U.S. fast-food giant McDonald’s in its sights.
KUALA LUMPUR: KLCC Real Estate Investment Trust’s (REIT) pre-tax profit decreased to RM230.93 million for the first quarter ended March 31, 2015 from RM243.68 million registered in the same period last year.
HANOVER, Germany: Following a bitter power struggle in recent weeks, German auto giant Volkswagen is hoping to return to “calmer waters” and concentrate on its business of building cars, its chief executive Martin Winterkorn said Tuesday.
KUALA LUMPUR: – Leading global financial services firm JP Morgan said foreign investors are continuing to pursue opportunities in the Malaysian market.
KUALA LUMPUR: The Malaysia International Halal Showcase (Mihas 2015) has raked in RM1.1 billion in total sales over its four-day trade show last month.