Upbeat outlook

By BILQIS - Friday, 21 November 2014.

FULL BACKING: Founders expect AirAsia X to fly back into profit next year on new turnaround plan


EPF approves 413,827 applications for withdrawals in Q3

Friday, November 21, 2014 - 18:24

KUALA LUMPUR:The Employees Provident Fund (EPF) approved 413,827 applications for withdrawals amounting to RM8.50 billion in the

KL shares sharply lower at close

Friday, November 21, 2014 - 18:05

KUALA LUMPUR -- At 5pm today, there were 295 gainers, 464 losers and 309 counters traded unchanged on the Bursa Malaysia.

Bumi Armada down on lower Q3 profit

Friday, November 21, 2014 - 16:11

KUALA LUMPUR: Bumi Armada Bhd's shares on Bursa Malaysia was down this morning, declining two sen to RM1.36 as at 10.27 am, on the back of the weak financial results posted yesterday. A total of 2.871 million lots changed hands.

Bursa issues UMA query to Systech

Friday, November 21, 2014 - 15:54

KUALA LUMPUR: Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Systech Bhd due to the recent rise in price and volume of the company's shares.

CPI increases by 2.8pc in Oct

Friday, November 21, 2014 - 15:49

KUALA LUMPUR: The Consumer Price Index (CPI) increased by 2.8 per cent to 111.3 in October 2014 compared with 108.3 in the same month

AmInvest merging unit trusts management business

Friday, November 21, 2014 - 15:45

KUALA LUMPUR: AmInvest will be merging its unit trusts management and funds management companies, AmInvestment Services Berhad (“AIS”) and AmInvestment Management Sdn Bhd (“AIM”), which will housed under a single entity, AmInvestment Services Berhad.

KL shares sharply down at midafternoon

Friday, November 21, 2014 - 15:41

KUALA LUMPUR: At 3pm today, there were 233 gainers, 422 losers and 296 counters traded unchanged on the Bursa Malaysia.

Brent steadies above US$78 a barrel

Friday, November 21, 2014 - 00:53

LONDON: Brent crude oil steadied above US$78 a barrel yesterday as reports that oil producers would agree to cut output next week offset weak economic data from China and Europe.

Ringgit closes lower against US$

Friday, November 21, 2014 - 00:52

KUALA LUMPUR: The ringgit closed lower against the US dollar for the third consecutive days yesterday as demand for the Asian emerging currencies remained weak, dealers said.

Short-term rates expected to remain stable

Friday, November 21, 2014 - 00:51

KUALA LUMPUR: Short-term interbank rates were expected to remain stable yesterday with Bank Negara Malaysia's (BNM) intervention to absorb surplus liquidity from the financial system.

Tin falls by US$150 TO US$19,600

Friday, November 21, 2014 - 00:51

KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) continued its downtrend to close US$150 lower at US$19,600 a tonne yesterday, in tandem with the easier close of the metal on the London Metal Exchange (LME).

Gold slips on reduced investor appetite

Friday, November 21, 2014 - 00:50

KUALA LUMPUR: Gold futures ended lower yesterday as unfavourable external developments reduced investors’ appetite for gold investment.

CPO futures close lower on weak exports

Friday, November 21, 2014 - 00:49

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed lower yesterday amid weaker export estimates as projected by cargo surveyors, a dealer said.

Rubber market closes mixed

Friday, November 21, 2014 - 00:49

KUALA LUMPUR: The Malaysian rubber market closed mixed yesterday on lack of buying momentum and a higher benchmark at the Tokyo Commodity Exchange (TOCOM) futures market, a dealer said.

THP’s increased borrowing to assist expansion

Friday, November 21, 2014 - 00:44

PETALING JAYA: TH Plantations Bhd’s (THP) increased borrowing is necessary as it helps to expedite its expansion programme, MIDF Research said.

Minimal impact on prices

By SHAREN - Friday, November 21, 2014 - 00:43

GST MISCONCEPTION: No more than 5pc rise as residential properties are exempt-rated