KUALA LUMPUR: Tenaga Nasional Bhd has made its highest ever net profit of RM6.4 billion in financial year ended August 2014 which is an 18.5 per cent increase compared to RM5.4 billion last year.
KUALA LUMPUR: Upbeat sentiment from Wall Street's overnight gains drove Bursa Malaysia to close higher today, with all indices recording positive movement.
KUALA LUMPUR: Dagang Nexchange Bhd, the most actively-traded stock as at mid-afternoon today, saw its price up one sen, or 2.7 per cent.
KUALA LUMPUR: Public Mutual Bhd, a wholly-owned unit of Public Bank Bhd, has declared distributions totalling over RM312 million for nine of its funds.
DUBAI: A tie-up between Malaysian and Hong Kong asset managers aims to market Islamic funds in mainland China, helping expand sharia-compliant investment products outside the industry's core centres in southeast Asia and the Middle East.
KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed higher today on renewed buying interest and in tandem with gains on the London Metal Exchange (LME), said a dealer.
KUALA LUMPUR: Malaysia's domestic Producer Price Index (PPI) for September rose 0.6 per cent to 126.2 from 125.5 in the same month last year, the Statistics Department said today.
KUALA LUMPUR: Share prices on Bursa Malaysia remained higher at mid-afternoon today with the FTSE Bursa Malaysia KLCI (FBM KLCI) adding 2.88 points.
KUALA LUMPUR: Faber Group Bhd is set to become one of the region's largest asset development and asset management players following the completion of a RM1.15 billion merger with Opus Group Bhd (Opus) and Projek Penyelenggaraan Lebuhraya Bhd (Propel).
KUALA LUMPUR: The public portion of Carimin Petroleum Bhd's initial public offering (IPO), comprising 11.7 million shares, was oversubscribed by 22.1 times.
LONDON: Over three decades after electricity production had ceased at its site, the Battersea Power Station here was placed into the limelight yet again, as a first wave of 13 cities on a global tour welcomed public exhibitions for a sales launch of its development.
SINGAPORE: Oil prices fell in Asia Friday, pressured by a stronger dollar as dealers speculated over whether the will Federal Reserve lift interest rates sooner than later, analysts said.
Malaysia’s 10-year bonds rose this month, pushing the yield down the most since July, as a deteriorating global economic outlook spurred demand for the relative safety of government debt.
KUALA LUMPUR: Malaysia Airlines is offering guests the opportunity to upgrade their seats by determining their own price through its latest product, MHupgrade.
KUALA LUMPUR: Bursa Malaysia extended its gains at mid-morning today as the overnight rise in Wall Street fuelled optimism in the local equities market.
KUALA LUMPUR: The ringgit opened higher against the US dollar propped up by buying interest following yesterday's decline, said a dealer.
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