Business

Construction works on MRT1 underground transport hub progressing smoothly. — Bernama

MRT2 works to start

PETALING JAYA: Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) is expected to start awarding contracts for the various packages of the RM23bil Mass Rapid Transit line 2 (MRT2) in the last quarter of this year.

Gan: ‘We could potentially see more mergers and acquisitions.

Bankers remain positive on capital raising

PETALING JAYA: There is a silver lining in the investment banking business despite the weak capital market activities that could spur banks’ bottom line this year amid a challenging economic outlook.

Your highest calling

FINANCIAL SNACKS - By JOYCE CHUAH
Be prepared financially if you plan to include caregiving for one or both of your parents.

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Govt has no plan to peg ringgit

KUALA LUMPUR: The government has no plan to peg the ringgit against the US dollar to address its depreciation, Deputy Finance Minister Datuk Chua Tee Yong said.

30 March 2015 | 3:03PM |

Forex

Oil prices dip as Iran as world powers seek nuclear deal

SINGAPORE: Oil prices dipped in Asian morning trading on Monday, adding to steep losses in the previous session, as Iran and six world powers tried to reach a deal that could add oil to the market if sanctions against Tehran are lifted.

30 March 2015 | 10:10AM |

Markets

Ringgit lower against dollar

KUALA LUMPUR: The ringgit opened lower against the US dollar as the greenback remain firm against major currencies, currency traders said.

30 March 2015 | 10:58AM |

Corporate News

Berjaya Corp, REDtone advance on takeover news

KUALA LUMPUR: Berjaya Corporation shares rose in active trade early Monday after it raised its stake in REDtone International to 35.84% and required it to make a takeover offer for the remaining shares at 80 sen each.

30 March 2015 | 10:02AM |

M&A

Asia shares sluggish as oil drifts lower

SYDNEY: Asian stock markets were subdued on Monday in a week book-ended with Easter holidays across the globe and a U.S. jobs report that could affect the timing of the first hike in interest rates there.

30 March 2015 | 10:07AM |

Markets

Govt has no plan to peg ringgit

KUALA LUMPUR: The government has no plan to peg the ringgit against the US dollar to address its depreciation, Deputy Finance Minister Datuk Chua Tee Yong said.

30 March 2015 | 3:03PM |

Forex

Ringgit lower against dollar

KUALA LUMPUR: The ringgit opened lower against the US dollar as the greenback remain firm against major currencies, currency traders said.

30 March 2015 | 10:58AM |

Corporate News

KLCI up on mild window dressing for Q1

KUALA LUMPUR: Mild window dressing for key FBM KLCI stocks sent the 30-stock up nearly seven points in mid-morning Monday for the first quarter ending March 31.

30 March 2015 | 10:41AM |

Markets

Oil prices dip as Iran as world powers seek nuclear deal

SINGAPORE: Oil prices dipped in Asian morning trading on Monday, adding to steep losses in the previous session, as Iran and six world powers tried to reach a deal that could add oil to the market if sanctions against Tehran are lifted.

30 March 2015 | 10:10AM |

Markets

Asia shares sluggish as oil drifts lower

SYDNEY: Asian stock markets were subdued on Monday in a week book-ended with Easter holidays across the globe and a U.S. jobs report that could affect the timing of the first hike in interest rates there.

30 March 2015 | 10:07AM |

Markets

Berjaya Corp, REDtone advance on takeover news

KUALA LUMPUR: Berjaya Corporation shares rose in active trade early Monday after it raised its stake in REDtone International to 35.84% and required it to make a takeover offer for the remaining shares at 80 sen each.

30 March 2015 | 10:02AM |

M&A

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