KLCI likely to remain volatile with further downside in the near term
KUCHING: While valuations of the Kuala Lumpur Composite Index (KLCI) have turned more appealing after the 140-point pullback in August…
Browsing: Business
No circular on fixing orders from offshore banks — Zeti
KUALA LUMPUR: Bank Negara Malaysia (BNM) has not issued any circular to banks to stop them from taking fixing orders…
Ringgit should be at about 3.70 to US dollar, says Nazir
KUALA LUMPUR: The ringgit should be trading at about 3.70 to the US dollar based on current fundamentals but investor…
Boustead Plant’s 2Q pre-tax profit increases to RM53.3 mln
KUALA LUMPUR: Boustead Plantation Bhd’s pre-tax profit for the second quarter (Q2) ended June 30, 2015 rose to RM53.3 million…
‘Ringgit depreciation will not rattle rated Malaysian firms’
SINGAPORE: The depreciation in the ringgit will not significantly affect rated Malaysian companies, according to Standard & Poor’s Ratings Services…
Axiata sees higher earnings in 2Q15
KUCHING: Axiata Group Bhd (Axiata) posted higher earnings in the second quarter of 2015 (2Q15) ended June 2015. The telecommunication…
AEC facing external headwinds
KUALA LUMPUR: Daunting challenges await the implementation of the ASEAN Economic Community (AEC) in the form of a distraction from…
Close bonding way foward for greater Asean
KUALA LUMPUR: Asean countries have stayed united in facing the many external challenges thus far and this bond can be…