Business

Wooing US investors

By FRANCIS - Wednesday, 24 September 2014.

HIGH-POWERED MEETINGS: Najib targets global fund managers with US$9tril o WORLD MARKETS f assets under their care

Latest

CPO prices depressed on continuous selling

Tuesday, September 23, 2014 - 23:57

KUALA LUMPUR: Crude palm oil (CPO) futures prices remained lower on continuous selling yesterday, a dealer said.

Rubber prices end higher

Tuesday, September 23, 2014 - 23:56

KUALA LUMPUR: The Malaysian rubber market closed higher yesterday for the third day, tracking the perfomance on the Tokyo Commodity Exchange (TOCOM), a dealer said.

Ringgit up on renewed buying

Tuesday, September 23, 2014 - 23:55

KUALA LUMPUR: The ringgit closed sharply higher against the US dollar yesterday on renewed buying interest for the local unit.

Tin closes lower at US$22,250

Tuesday, September 23, 2014 - 23:54

KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed lower by US$150 to US$22,250 a tonne yesterday due to lack of buyers, a dealer said.

KLIBOR futures end unchanged

Tuesday, September 23, 2014 - 23:53

KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts closed unchanged yesterday.

Gold futures close lower

Tuesday, September 23, 2014 - 23:51

KUALA LUMPUR: Gold futures contracts closed lower yesterday on lack of demand, a dealer said.

Brent slips at close

Tuesday, September 23, 2014 - 23:50

NEW YORK: US crude oil futures fell yesterday and were on track for a fifth straight week of declines, while Brent remained under pressure on a strong dollar and plentiful supplies.

TNB shares jump on power plant pact

Tuesday, September 23, 2014 - 23:44

KUALA LUMPUR: Shares of Tenaga Nasional Bhd (TNB) rose as much as 18 sen yesterday following news that the national utility firm has teamed up with 1Malaysia Development Bhd’s unit, Powertek Bhd, to build a RM6 billion power plant in Bangladesh.

Petronas moves to fuel production

By FRANCIS DASSKUALA - Tuesday, September 23, 2014 - 23:37

PETROLIAM Nasional Bhd (Petronas) will spend more than RM1.1 billion over the next three to four years in its exploration and production technology centre to research and develop innovative and applicable technologies to rejuvenate and enhance oil production.

CIMB Best plan for Bumi SMEs

Tuesday, September 23, 2014 - 23:36

KUALA LUMPUR: CIMB Group is coming out with CIMB Bumiputera Entrepreneur Skills Transformation Programme (CIMB Best) to expand development opportunities for Bumiputera entrepreneurs in the country.

RHB cuts TAS profit forecast

Tuesday, September 23, 2014 - 23:31

RHB Research has lowered TAS Offshore Bhd’s net profit forecast for the financial year (FY) 2015 by eight per cent.

Improving Bumi productivity rate

By ZAIDI ISHAM ISMAILKUALA - Tuesday, September 23, 2014 - 23:31

THE Bumiputera economic pie has made some headway since 1985 but it is still not at a satisfactory level as it has been outpaced by Malaysia’s growth as a whole.

HLIB ‘neutral’ on tobacco industry

Tuesday, September 23, 2014 - 23:30

ANALYSTS are stunned by the U-turn made by the country’s two largest cigarette companies British American Tobacco (Malaysia) Bhd (BAT) and unlisted JT International Bhd (JTI) for reverting to their last pricing two weeks ago, effective yesterday.

702 in Miri sign up for SARA 1Malaysia aid worth RM3.51m

Tuesday, September 23, 2014 - 23:30

MIRI: Chief Minister Tan Sri Adenan Satem on Sunday presented Amanah Saham 1Malaysia (AS 1Malaysia) account books to 10 participants of the Skim Amanah Rakyat 1Malaysia (SARA 1Malaysia).

‘Add’ call for Berjaya Auto

Tuesday, September 23, 2014 - 23:30

CIMB Equities Research has initiated coverage on Berjaya Auto Bhd, describing the local Mazda distributor as having “the best acceleration in town”.

Significant progress in Score

Tuesday, September 23, 2014 - 23:29

THERE is significant progress in the Sarawak Corridor of Renewable Energy (Score) as more construction works have been rolled out and more detailed development plans have been made to ensure sustainable growth, Maybank Investment Bank Bhd (Maybank IB) said.