• Markets  |  MARCH 6, 2015 9:44 AM

    KL shares open higher on renewed buying interest

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened higher on renewed buying interest, dealers said.

  • Markets  |  MARCH 6, 2015 9:36 AM

    Ringgit opens lower against US dollar

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    The ringgit opened lower against the US dollar this morning as the greenback remained firm against other major currencies ahead of US employment report for February, due later today.

  • Economy & World Biz  |  MARCH 6, 2015 9:27 AM

    UK permanent employment grows at fastest pace since Oct

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    The number of Britons finding permanent jobs through recruitment agencies grew in February at the fastest pace since October and stiff competition for candidates continued to push up starting salaries, a survey showed on Friday.

  • Markets & World Biz  |  MARCH 6, 2015 9:10 AM

    Iceberg Research sees more writedowns by Noble

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    Iceberg Research, the little known research outfit that has criticised commodity trader Noble Group for its accounting practices, said it sees more writedowns the company's investment in Yancoal Australia.

  • Economy & Markets  |  MARCH 6, 2015 8:55 AM

    Markets rally on ECB pledge to buy bonds past 2016

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    Euro zone financial markets rallied on Thursday after European Central Bank (ECB) chief Mario Draghi pledged to buy government bonds beyond 2016 if necessary to achieve the goal of reflating the economy.

  • Commodities  |  MARCH 6, 2015 8:27 AM

    Gold falls below US$1,200 an ounce

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    Gold eased on Thursday, changing direction and falling below US$1,200 an ounce as short-covering dried up after buoying prices following the European Central Bank's (ECB) announcement that it will lift its 2016 inflation forecast.

  • Featured and Exclusive & Markets  |  MARCH 6, 2015 8:18 AM

    US dollar near 11-year highs against major currencies

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    The dollar hovered at 11-year highs against a basket of major currencies early on Friday and could extend gains if non-farm payrolls due later in the day support the case for a rise in US interest rates in coming months.

  • Commodities  |  MARCH 6, 2015 8:02 AM

    Oil falls in volatile trade on supply concerns, Iran deal

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    Oil closed lower on Thursday in volatile trade, as a soaring dollar and the US pursuit of an Iranian nuclear deal offset earlier gains from supply concerns in Libya and Iraq.

  • Issues  |  MARCH 6, 2015 8:00 AM

    Is the ringgit undervalued?

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    Although the ringgit is at a six year low, analysts believe the factors contributing to it appear to be short-term and that this has led to it being undervalued.

  • Markets  |  MARCH 6, 2015 7:48 AM

    Wall St closes up slightly ahead of US jobs report

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    US stocks closed modestly higher in light trading on Thursday as investors held back on big bets ahead of Friday's jobs report, which is expected to be a big factor in influencing the timing of a Federal Reserve interest rate hike.

  • StockStalk  |  MARCH 6, 2015 7:30 AM

    Media Prima: Bracing for a challenging year

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    The country’s largest media group is bracing itself for a tough 2015 as the print and TV segments are expected to experience some challenges, some of which were present last year. Should investors spurn the stock or take the plunge?

  • Corporate & Featured and Exclusive  |  MARCH 5, 2015 9:14 PM

    1MDB says no decision to wind-up

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    According to a 1MDB spokesperson, the firm remains committed to achieving the objectives outlined in its strategic review, which was unveiled last month.

  • World Biz  |  MARCH 5, 2015 9:04 PM

    BMW denies talks with Apple involve developing cars

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    German carmaker BMW said on Thursday its talks with technology giant Apple did not involve developing or building a car, denying a German magazine report.

  • World Biz  |  MARCH 5, 2015 8:56 PM

    China to allow unprofitable firms to go public

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    China's top securities regulator Xiao Gang said on Thursday the country is revising its securities law to allow unprofitable companies to sell shares publicly, the official Shanghai Securities News reported on its website.

  • Corporate, Featured and Exclusive, Finance  |  MARCH 5, 2015 8:26 PM

    Petronas begins RM62 bil bond, sukuk drive

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    Malaysian energy company Petronas began roadshows on Thursday to raise up to US$17 billion (RM62 billion) from conventional and Islamic bonds, or sukuk, for working capital.

  • Corporate  |  MARCH 5, 2015 8:20 PM

    Alam Maritim bags 2-year Petronas Carigali contract

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    Alam Maritim Resources Bhd's wholly owned subsidiary, Alam Maritim (M) Sdn Bhd, has bagged a contract from Petronas Carigali Sdn Bhd for the provision of spot charter marine vessels.

  • Corporate  |  MARCH 5, 2015 8:00 PM

    CMC, SC, Sidrec to continue protect investors

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    The Capital Market Compensation Fund Corp (CMC) will continue to work closely with the Securities Commission Malaysia (SC) and the Securities Industry Dispute Resolution Centre (Sidrec) to ensure a seamless and holistic framework within the investor protection regime.

  • Corporate & Featured and Exclusive  |  MARCH 5, 2015 7:53 PM

    Kam’s successor identified, says RHB Cap

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    RHB Capital today announced that it has identified a successor for RHB Banking Group managing director Kellee Kam who has tendered his resignation.

  • Corporate  |  MARCH 5, 2015 7:48 PM

    M’sia, Saudi account for 62% of global Islamic AUM

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    Malaysia and Saudi Arabia together held 62% of global Islamic asset under management (AUM) which stood at US$73 billion (RM266.2 billion) in 2014.

  • Corporate & Finance  |  MARCH 5, 2015 7:41 PM

    Islamic cap mart accounts for 58% of overall cap mart

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    At RM1.6 trillion, the Islamic capital market (ICM) now accounted for 58% of the overall capital market after registering annual growth of 12% in the last five years.