• Markets  |  AUGUST 20, 2014 6:37 PM

    KL shares close on a bullish note, all-time high volume

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    Shares on Bursa Malaysia closed on a bullish note today. Dealers say that volume was at an all-time high.

  • Corporate & Finance  |  AUGUST 20, 2014 6:33 PM

    Credit Guarantee Corp CEO to retire in Dec

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    Credit Guarantee Corporation Malaysia Berhad (CGC) is set to see its long-time president and chief executive officer Wan Azhar Wan Ahmad leave by year-end on retirement.

  • Economy & Featured and Exclusive  |  AUGUST 20, 2014 6:17 PM

    Malaysia’s annual inflation below expectations at 3.2%

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    Malaysia's consumer price index in July rose 3.2% from a year earlier, marginally below expectations and easing slightly from a month ago, data from the Statistics Department showed on Wednesday.

  • Corporate  |  AUGUST 20, 2014 6:15 PM

    KLK 3Q14 profits up 21% on higher output, lower costs

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    Plantations player Kuala Lumpur Kepong Bhd (KLK) saw its pre-tax earnings for the third quarter ended June 30, 2014 rose 21% on favourable selling prices, higher production and lower costs. In a regulatory filing, KLK said its profit before tax …

  • Corporate  |  AUGUST 20, 2014 6:06 PM

    Petronas gives Sabah 10% stake in LNG9

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    Petroliam Nasional Bhd (Petronas) has agree to give the Sabah state government a 10% stake in Liquefied Natural Gas Sdn Bhd 9 (LNG 9) in Bintulu, Sarawak.

  • Economy  |  AUGUST 20, 2014 6:04 PM

    Thai manufacturers expect 2% economic growth this year

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    Thai manufacturers expect the country’s economy to grow by about 2% this year and between 4.5 and 5% next year. Chairman of Federation of Thai Industries, Supant Mongkolsuthee, said the government’s ability to launch new economic stimulus policy would boost growth. …

  • Markets  |  AUGUST 20, 2014 6:01 PM

    Europe stocks little changed; biggest gain since April

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    European stocks were little changed, following the biggest two-day gain since April, as investors awaited cues from central banks. US index futures and Asian shares were also little changed. Heineken NV advanced 6.3% after reporting first-half profit that exceeded analysts’ …

  • World Biz  |  AUGUST 20, 2014 5:51 PM

    Modi rival shake populist tag during visit to S’pore

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    India’s West Bengal state has secured at least US$32 million(RM100 million) in infrastructure funding from Singapore, as chief minister

  • Markets  |  AUGUST 20, 2014 5:37 PM

    Ringgit closes lower against US dollar

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    The ringgit closed lower against the US dollar today in tandem with most emerging Asian currencies.

  • Markets  |  AUGUST 20, 2014 5:27 PM

    India Rupee erases losses on optimism deficit

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    India’s rupee erased losses on speculation the government’s efforts to cut the budget deficit will draw more funds from overseas. Global investors purchased a net US$363 million(RM1145 million) of Indian bonds last week before markets closed for holidays on Aug. …

  • Commodities  |  AUGUST 20, 2014 5:21 PM

    Rubber market closes slightly higher

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    The Malaysian rubber market closed slightly higher today on further weakening of the ringgit, a dealer said.

  • Commodities  |  AUGUST 20, 2014 5:19 PM

    Malaysian palm oil prices falls to 5-year low

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    Malaysian palm oil lost more ground on Wednesday, falling for a sixth consecutive session to its lowest since October 2009 as slowing exports and prospects of near-record US soybean production weighed on the market.

  • Corporate  |  AUGUST 20, 2014 5:09 PM

    RAM revises KPJ unit’s debt issue to negative

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    RAM Ratings has revised its outlook on the long-term rating of KPJ Healthcare Bhd’s wholly-owned subsidiary, Point Zone (M) Sdn Bhd’s RM500 million debt issue from stable to negative.

  • World Biz  |  AUGUST 20, 2014 5:00 PM

    StanChart invest RM236 mil in Renaissance unit

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    Standard Chartered Plc made a US$75 million(RM236 million) investment in Topaz Energy & Marine Ltd, the first investment in the United Arab Emirates by the bank’s private equity arm. The deal will give Standard Chartered Private Equity a 9.8% stake …

  • World Biz  |  AUGUST 20, 2014 4:45 PM

    China fines Jap auto parts suppliers over price monopoly

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    Twelve Japanese auto parts suppliers have been fined 1.24 billion yuan (about RM634 million) due to price monopoly, China’s top price regulator said Wednesday. The suppliers include Hitachi, Denso, Aisan, Mitsubishi Electric, Mitsuba, Yazaki, Furukawa, Sumitomo and bearing makers Nachi, …

  • World Biz  |  AUGUST 20, 2014 4:40 PM

    Melbourne the most liveable, friendliest city in the world

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    While Melbourne has retained its status as the world’s most liveable city for a fourth consecutive year, it has added another string to its bow by being named the world most friendliest in a survey undertaken by Conde Nast Traveler …

  • Markets  |  AUGUST 20, 2014 4:33 PM

    Japan Nickel producers profits squeezed as ore costs jump

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    A ban since January on unprocessed ore exports from Indonesia, the world’s top nickel miner, is beginning to bite Japanese ferro-nickel producers as surging ore prices eat into earnings. Pacific Metals Co, Japan’s biggest ferro-nickel maker, switched its full-year forecast …

  • Corporate  |  AUGUST 20, 2014 4:20 PM

    PNB announces 6.60 sen dividend for ASW 2020

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    Amanah Saham Nasional Bhd, the wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), today announced a 6.60 sen dividend for a unit of the

  • Commodities  |  AUGUST 20, 2014 4:02 PM

    KLTM closes lower at US$22,300 a tonne

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    Tin price on the Kuala Lumpur Tin Market (KLTM) closed US$100 lower at US$22,300 a tonne on lack of buyers, said a dealer.

  • Markets  |  AUGUST 20, 2014 3:54 PM

    KL shares firmer at mid-afternoon

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    Shares on Bursa Malaysia were firmer at mid-afternoon today in line with most Asian stocks, as gains in selected heavyweights helped the market to remain in positive territory, dealers said.