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MAHB to revise upwards current 85.8mil passenger movement target

1 July 2015

SEPANG: Malaysia Airports Holdings Bhd (MAHB) expects to revise upward its passenger movement target at its Malaysia airports before year-end from the current forecast of 85.8 million.

Greece risks continue to dampen Malaysian market sentiment

1 July 2015

PETALING JAYA: Market sentiment in the local bourse is expected to remain muted while testing the 1,700 and 1,670-point levels for the rest of the week, according to market participants. “We are seeing some accumulation action, after the low on Monday,” a dealer said, adding that sentiment was dictated by new developments in the eurozone economy, especially on Greece’s exit risk.

Shell mulls sale of Shell Overseas’ stake or convert ops

1 July 2015

KUALA LUMPUR: Shell Refining Company (Federation of Malaya) Bhd (SRC) is considering an outright sale of Shell Overseas Holding Ltd’s 51% stake in SRC or converting the business to a storage terminal and export facility.

KEuro gets RM4.74bil financing for RM5.9bil WCE highway project

1 July 2015

KUALA LUMPUR: West Coast Expressway Sdn Bhd (WCE) has inked a RM4.74bil loan and debt notes from the Government and local banks to fund its RM5.9bil West Coast Expressway project.

Greece defaults on IMF payment despite last-minute overtures to creditors

1 July 2015

ATHENS: Greece made last-minute overtures to its international creditors for financial aid on Tuesday, but it was not enough to save the country from becoming the first developed economy to default on a loan with the International Monetary Fund.

Malaysian palm oilprice falls 2% as traders wary of Greece impact

1 July 2015

JAKARTA: Malaysian palm oil futures flirted with one-month lows on Tuesday, falling as much as 2 percent with sentiment hit by the collapse of Greek bailout talks.

Bangladesh finalises fuel term deals at lower premiums with Malaysia and others

1 July 2015

DHAKA: Bangladesh Petroleum Corp (BPC) has finalised term contracts with 13 companies, including Malaysia;s Petronas, for refined oil product imports in the second half of 2015 at lower premiums than currently.

Dutch confident MH17 prosecution will succeed

1 July 2015

ROTTERDAM: The Dutch prosecutor leading the investigation into the downing of Malaysia Airlines flight MH17 over Ukraine last year said on Tuesday he was confident of concluding his investigation successfully but was not yet ready to issue arrest warrants.

How much does Greece owes to international creditors?

1 July 2015

BRUSSELS: Greece, which is set to default on an International Monetary Fund debt repayment due on Tuesday, owes official lenders 242.8 billion euros ($172.03 billion pounds), according to a Reuters calculation based on official data.

FTSE falls to 5-1/2 month low, supermarkets sink

1 July 2015

LONDON: The FTSE hit its lowest level since mid-January on Tuesday, pulled down by miners and supermarkets and underperforming even euro zone shares despite Greece being hours away from a repayment default.

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