Business

Fitch boost for Malaysia short-lived, ringgit hardest hit in Asia

PETALING JAYA: The simmering economic crisis in Greece and weakness in China continued to roil financial markets across the region, with the ringgit being the hardest hit among Asian currencies. Sentiment on the ringgit was further compounded by rising domestic political risk, lingering concerns about 1Malaysia Development Bhd’s massive debt problems and lower oil revenue.

Tenaga, IJM, DiGi, QL Resources top buys

KUALA LUMPUR: Amid the volatile equities markets, BIMB Securities Research believes that despite difficulties to bottomfish, its top buys are power giant Tenaga Nasional, IJM Corp, DiGi and QL Resources.

Mobius: Strong growth story from emerging markets

KUALA LUMPUR: Templeton Emerging Markets Group’s head Mark Mobius sees a lot of upside from emerging markets, especially with the strong growth story.

  • previous
  • 1
  • 2
  • 3
  • next
  • Top Stories
  • Latest
Investors look and react at the share index in Kuala Lumpur. FAIHAN GHANI/The Star

Malaysian market down on poor sentiments, foreigners continue to sell

PETALING JAYA: The stock market reacted negatively on the back of heightened political risk and the weakening ringgit, falling by nearly 1%. The FTSE Bursa Malaysia KL Composite Index (FBM KLCI) closed 17.19 points lower at 1,717.05 points while the ringgit was sold down further, hitting a 16-year low of RM3.81 to the US dollar.

7 July 2015 | 12:00AM |

market

China stocks tumble again despite support measures

SHANGHAI: Chinese stocks fell sharply on Tuesday, taking no comfort from a slew of support measures unleashed by Beijing in recent days, and unnerved by Chinese Premier Li Keqiang's failure to mention the market chaos in a statement on the economy.

7 July 2015 | 1:44PM |

Markets

SIDC to raise capital market talent development

KUALA LUMPUR: The Securities Industry Development Corporation (SIDC) released its 2014 annual report themed Progressive. Collaborative. Transformative in conjunction with its AGM held recently.

7 July 2015 | 3:50PM |

Business

Business confidence remains firm, D&B study shows

KUALA LUMPUR: Business optimism of Malaysian firms remains expansionary despite the expected strong downward moderation in the third quarter of this year, according to Dun and Bradstreet (D&B) Malaysia's Business Optimism Index (BOI) study.

7 July 2015 | 4:00PM |

Business

S&P sees worldwide Sukuk issuance setting to stall in 2015

KUALA LUMPUR: Standard & Poor's Ratings Services foresees the global Sukuk market heading toward a correction in 2015 after Bank Negara Malaysia (BNM) -- one of the largest issuers of Sukuk worldwide -- stopped issuing earlier this year.

7 July 2015 | 4:45PM |

Banking

Business confidence remains firm, D&B study shows

KUALA LUMPUR: Business optimism of Malaysian firms remains expansionary despite the expected strong downward moderation in the third quarter of this year, according to Dun and Bradstreet (D&B) Malaysia's Business Optimism Index (BOI) study.

7 July 2015 | 4:00PM |

Business

SIDC to raise capital market talent development

KUALA LUMPUR: The Securities Industry Development Corporation (SIDC) released its 2014 annual report themed Progressive. Collaborative. Transformative in conjunction with its AGM held recently.

7 July 2015 | 3:50PM |

Business

China stocks tumble again despite support measures

SHANGHAI: Chinese stocks fell sharply on Tuesday, taking no comfort from a slew of support measures unleashed by Beijing in recent days, and unnerved by Chinese Premier Li Keqiang's failure to mention the market chaos in a statement on the economy.

7 July 2015 | 1:44PM |

Markets

Lessons learnt from the Tulip and Bulb craze

In the 1600s, the tulip craze hit Holland. At the peak of the market, a person could trade a single tulip for an entire estate, and, at the bottom, one tulip was the price of a common onion.

7 July 2015 | 1:16PM |

Investing

KLCI marginally lower at midday break

KUALA LUMPUR: The FBM KLCI narrowed its losses at midday on Tuesday and was down marginally lower in line with the mixed regional markets, as investors chose to stay on the sidelines amidst the ongoing Greece crisis.

7 July 2015 | 12:56PM |

Markets

  • Page 1 of 34

Go to page:

 

advertisement

GST Updates

advertisement

advertisement