STORIES TAGGED WITH

  • Markets  |  NOVEMBER 21, 2014 10:05 AM

    FBM KLCI opens lower on weak sentiment

    Story by
    www.bernama.com

    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower this morning, dragged down by weak market sentiment that hurt risk appetite.

     
  • Markets  |  NOVEMBER 21, 2014 10:00 AM

    Ringgit rebounds to open higher against US$

    Story by
    www.bernama.com

    The ringgit rebounded to open higher against the US dollar on renewed buying interest today, after declining for three consecutive trading days, dealers said.

     
  • World Biz  |  NOVEMBER 21, 2014 9:02 AM

    Goldman fires staff over leak of NY Fed information

    Story by
    www.reuters.com

    Goldman Sachs Group Inc said it fired a junior employee and a supervisor over the leaking of confidential information from the Federal Reserve Bank of New York (New York Fed).

     
  • World Biz  |  NOVEMBER 21, 2014 8:50 AM

    Google, Rockstar agree to settle patent dispute

    Story by
    www.reuters.com

    Google Inc has agreed to settle litigation with patent consortium Rockstar, though terms of the deal were not disclosed in a court filing made public this week.

     
  • World Biz  |  NOVEMBER 21, 2014 8:39 AM

    Delta confirms RM47.1 bil order for Airbus planes

    Story by
    www.reuters.com

    Delta Air Lines Inc confirmed on Thursday a US$14 billion (RM47.1 billion) order for 50 wide-body jets from Airbus Group NV, a victory for the European planemaker that replaces older generation aircraft from Boeing Co in Delta's fleet.

     
  • Finance & World Biz  |  NOVEMBER 21, 2014 8:33 AM

    Alibaba wows investors with RM26.9 bil bonds

    Story by
    www.reuters.com

    Alibaba wowed the markets Thursday with its ground-breaking US$8 billion (RM26.9 billion) debut US dollar bond, pricing it at levels in line with and even tighter than some of the world's best known companies.

     
  • World Biz  |  NOVEMBER 21, 2014 8:19 AM

    WSJ: Wynn Resorts probed for possible money laundering

    Story by
    www.reuters.com

    Casino operator Wynn Resorts Ltd is being probed by US federal authorities for possible violation of money-laundering laws, the Wall Street Journal (WSJ) reported.

     
  • World Biz  |  NOVEMBER 21, 2014 8:10 AM

    No plan for long-range 737 MAX, says Boeing

    Story by
    www.reuters.com

    Boeing Co has no plans to extend the range of its forthcoming 737 MAX 9 jetliner in response to Airbus Group's move to offer a long-range version of its competing A321 aircraft, a senior Boeing executive said on Thursday.

     
  • StockStalk  |  NOVEMBER 21, 2014 8:00 AM

    AirAsia X: Panic selling from shock losses

    Story by
    [email protected]

    Opportunity knocks when a stock falls to an all-time low. Long-haul budget carrier AirAsia X is one such stock that saw panic selling after posting its fourth consecutive loss-making quarter this week.

     
  • Economy & Featured and Exclusive  |  NOVEMBER 21, 2014 8:00 AM

    US shows positive economic data in October

    Story by
    www.reuters.com

    Underlying inflation pressures rose in October, even as falling gasoline prices kept overall US consumer prices in check, bolstering expectations of a mid-2015 interest rate hike from the Federal Reserve (Fed).

     
  • Commodities  |  NOVEMBER 21, 2014 7:44 AM

    Gold rises as price drop tempts physical buyers

    Story by
    www.reuters.com

    Gold rose on Thursday on data showing rising US inflation, and after the previous day's 1% drop triggered renewed physical interest by price-sensitive Asian buyers.

     
  • Markets  |  NOVEMBER 21, 2014 7:35 AM

    US$ rally pauses, further yen weakness seen

    Story by
    www.reuters.com

    The US dollar dipped from a seven-year high against the yen on Thursday as stocks gained, pausing a rally that has sent the greenback up by almost 10% in three weeks, though many see the US currency on track for further gains.

     
  • Commodities  |  NOVEMBER 21, 2014 7:29 AM

    Oil up on strong US data, Opec cut speculation

    Story by
    www.reuters.com

    Oil closed higher on Thursday, snapping a three-day loss, as strong US economic data bolstered crude markets, but focus remained on whether the Organisation of the Petroleum Exporting Countries (Opec) will cut output to end a five-month long selloff when it meets next week.

     
  • Featured and Exclusive & Markets  |  NOVEMBER 21, 2014 7:16 AM

    Dow, S&P 500 end at records after US data, Intel outlook

    Story by
    www.reuters.com

    The Dow and S&P 500 finished at record highs on Thursday, as data showed further strength in the US economy and Intel gave an upbeat forecast.

     
  • Corporate  |  NOVEMBER 20, 2014 10:32 PM

    YTL Power Q1 pre-tax profit rises y-o-y, revenue falls

    Story by
    www.bernama.com

    YTL Power International Bhd's pre-tax profit increased to RM302.87 million for the first quarter ended Sept 30, 2014 from RM249.28 million in the same period last year.

     
  • Corporate  |  NOVEMBER 20, 2014 10:19 PM

    Mah Sing to raise RM630 mil for future expansion

    Story by
    www.bernama.com

    Mah Sing Group Bhd is embarking on a corporate exercise to raise up to RM630 million for the group's future expansion.

     
  • Featured and Exclusive  |  NOVEMBER 20, 2014 10:00 PM

    NYT: China firm paid for BN politicians’ datukships

    Story by
    www.malaysiakini.com

    A China mining company admitted to paying for the datukships of BN politicians in order to ease operations at its iron ore mine in Bukit Besi, Terengganu.

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 20, 2014 9:22 PM

    SapuraKencana to buy Petronas’ Vietnam assets

    Story by
    www.bernama.com

    SapuraKencana Petroleum Bhd has won the bid to acquire the entire interest in Petronas' assets in three blocks offshore south Vietnam for US$400 million (RM1.3 billion).

     
  • Corporate  |  NOVEMBER 20, 2014 9:08 PM

    Pos M’sia pre-tax profit falls to RM49.6 mil

    Story by
    www.bernama.com

    Pos Malaysia Bhd's pre-tax profit fell to RM49.603 million for the second quarter ended Sept 30, 2014 from RM54.757 million in the same period last year.

     
  • Corporate  |  NOVEMBER 20, 2014 8:10 PM

    Eco World records RM3 bil property sales for FY14

    Story by
    [email protected]

    Property developer Eco World Development Group Bhd exceeded its sales target by 50% for the 13-month period ended Oct 31, 2014 (FY14), raking in RM3.2 billion compared to its original target of RM2 billion.

     
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