LONDON: Brent crude oil stabilised around US$80 a barrel yesterday as world powers extended talks with Iran over its nuclear programme, maintaining sanctions and preventing an immediate increase in Iranian oil supply to world markets.
KUALA LUMPUR: Gold futures contracts ended higher yesterday on renewed buying interest, said a dealer.
KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts closed untraded yesterday.
KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed higher by US$150 to US$20,200 per tonne on better demand, said a dealer.
KUALA LUMPUR: The ringgit closed higher against the US dollar yesterday on persistent buying support for the local unit, dealers said.
KUALA LUMPUR: Crude palm oil (CPO) futures ended lower yesterday on the back of the strengthening ringgit amid sluggish export performance, a dealer said.
KUALA LUMPUR: The Malaysian Rubber market closed lower yesterday due to a stronger ringgit against the US dollar, a dealer said.
MALAYSIAN businesses should consider creating a new market segment for Generation Y (Gen-Y) consumers. Likewise, employers in the public and private sectors should undertake different human resource strategies for Gen-Y employees.
KUALA LUMPUR: Consumer friendly portals SaveMoney.my and RinggitPlus.com are confident of reaping US$1 million (RM3.34 million) in revenue by the end of this year, following a synergistic tie-up since March this year.
KUALA LUMPUR: More than 400 senior global travel industry stakeholders will converge, here, next week for the Future Travel Experience Asia (FTE Asia) 2014 to deliberate on ways and means to enhance the overall travel experience.
KUALA LUMPUR: Sona Petroleum Bhd’s nearly RM1 billion deal to buy oil and gas assets in Thailand owned by UK-listed Salamander Energy plc appears to be all but over after the latter accepted the takeover offer by Ophir Energy plc.
KUALA LUMPUR: Axiata Group Bhd is confident of a stronger fourth quarter after its net profit eased 11.75 per cent to RM631.03 million in the third quarter ended September 30 2014, from RM715.04 million recorded a year ago.
FOREIGN investors remained net sellers of Malaysian stocks this year as the net outflow as of last Friday rose to RM3.89 billion as the global funds’ aversion towards Malaysian equity continues, reflected by the gradual but persistent outflows of late.
THE Employees Provident Fund (EPF) registered RM205.58 million higher investment income to RM10.32 billion for the third quarter ended September 30 2014 from RM10.11 billion in the same period last year.
KUALA LUMPUR: The fuel subsidy removal by the government is a positive move and will not have a significant impact on the economy, a research firm said.
KUALA LUMPUR: Little-known Jentayu Danaraksa Sdn Bhd will announce details of the investors who will provide funds in the next 10 to 14 days to help it buy Malaysia Airlines’ (MAS) strategic assets.
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