KUALA LUMPUR: Women should get themselves protected with the right insurance plan although they are young and healthy, said Chief Executive Officer of Allianz Life Insurance Malaysia Bhd Rangam Bir.
KUALA LUMPUR: Exports staged a strong rebound in June with a 5 per cent growth, marking it as the fastest in 12 months.
KUALA LUMPUR: Exports are likely to remain lacklustre in June on the back of weak global demand, said economists.
RAM Ratings has reaffirmed the AA2/Stable/P1 financial institution ratings of CIMB Thai Bank Public Co Ltd (the Bank).
TOKYO: Toyota Motor Corp posted a 10 percent rise in first-quarter net profit on Tuesday, beating analyst estimates, as costs cuts and currency gains made up for weaker global vehicle sales.
SEOUL: For four years Samsung Electronics Co Ltd has basked in the success of its Galaxy smartphones, making billions of dollars competing with Apple Inc in the premium mobile market.
KUALA LUMPUR: Operating conditions in the Malaysian manufacturing sector worsened in July, according to the latest Nikkei Purchasing Managers’ Index as businesses cite poor demand and challenging economic conditions.
KUALA LUMPUR: Bursa Malaysia opened lower Tuesday as concerns mount over West Texas Intermediate crude oil prices which breached below US$50 per barrel.
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 opened lower against the US dollar today on weaker demand for the local unit, dealers said.
LONDON: Europe’s main stock markets rose on Monday, appearing to shrug off a plunge in Athens as Greek trading resumed after a five-week shutdown.
LONDON: Oil slid to six-month lows on Monday, hit by fresh evidence of growing oversupply, investor bearishness and slowing demand in China, leaving crude prices on course for their weakest third-quarter performance since the financial crisis in 2008.
NEW YORK: Wall Street stocks opened little changed Monday as a heavy week of US economic reports and earnings kicked off with data showing a slight rise in consumer spending in June.
KUALA LUMPUR: AirAsia Bhd’s wholly-owned subsidiary AirAsia Global Shared Services Sdn Bhd has reached Service Level Agreement (SLA) with PT Indonesia AirAsia Extra and Thai AirAsia X Co Ltd, respectively.
KUALA LUMPUR: Bursa Malaysia was easier at mid-afternoon today on selling activities led by finance-related counters.
FRANKFURT: Finnish telecoms group Nokia is selling its mapping service Here to German car makers BMW, Audi and Mercedes-Benz for 2.8 billion euros (US$3 billion), it said Monday.
Malaysia currently has the fastest growing structured warrants market in Asia despite ongoing challenging global and domestic economic environments, according to Macquarie Securities Group.
KUALA LUMPUR: UEM Sunrise Bhd, one of Malaysia’s top property developers, has completed another prime acquisition in Melbourne, Australia.
KUALA LUMPUR: The physical price of gold as at 9.30am stood at RM129.30 per gramme, up RM1.26 from RM128.63 at 5pm last Friday. - BERNAMA
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI futures contract (FKLI) on Bursa Malaysia Derivatives was higher in early trade today, lifted by mild buying support.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today on mild demand for the local unit, dealers said.
KUALA LUMPUR: Gold futures contract on Bursa Malaysia Derivatives is likely to remain bearish next week amid speculation on the timing of the US interest rate hike, a dealer said.
KUALA LUMPUR: The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures contract (FKLI) is expected to trend sideways next week, trailing a similar trend on the cash market.
KUALA LUMPUR: Bursa Malaysia is likely to trend sideways next week with the benchmark index continuing to be confined within the 1,700 points and 1,740 points range, says Affin Hwang Investment Bank Vice-President and Head of Retail Research Datuk Dr Nazri Khan.
KUALA LUMPUR: The negotiations in the Trans Pacific Partnership in Hawaii just ended, again in an impasse as the 12 countries cited unresolved issues.
KUALA LUMPUR: The ringgit is expected to remain steady at the current level of 3.81 level against the US dollar next week due to lack of market moving factors.
TECHNICAL rebounds on Friday helped to recoup all losses on the first three trading days this week.
WASHINGTON: The International Monetary Fund approved Friday the next installment of its massive loan to Ukraine despite uncertainty about the sustainability of the country’s debt and its conflict with separatist forces.
KUALA LUMPUR: Bursa Malaysia clawed back to the 1,700-point level today lifted by bargain hunting, with gains seen in the construction, mining and financials counters.
TOKYO: Fast Retailing Co Ltd and the operator of 7-Eleven convenience stores are planning a broad partnership this year that could turn 7-Eleven stores in Japan into pick-up spots for online purchases of Uniqlo clothing, a person familiar with the matter said.
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