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Digi and Genting lower at midday, ringgit mixed

21 July 2017

KUALA LUMPUR: Blue chips continued to consolidate at midday on Friday, weighed by losses in Digi and Genting Bhd and in the absence of strong leads, while the ringgit was mixed against the key currencies.

KLCI slightly higher early Friday, BAT leads

21 July 2017

KUALA LUMPUR: Blue chips eked out some slight gains early Friday after a hesitant start with FBM KLCI component stock BAT the top gainer after the release of its second quarter results the previous day.

U.S. says Exxon under Tillerson violated Russia sanctions in 2014

21 July 2017

WASHINGTON/HOUSTON (Reuters) - The United States on Thursday admonished Exxon Mobil Corp for "reckless disregard" of U.S. sanctions in dealings with Russia in 2014 when Secretary of State Rex Tillerson was the global oil company's chief executive, and fined it $2 million.

Singapore’s Keppel posts lower profit

21 July 2017

SINGAPORE: Singaporean conglomerate Keppel Corp posted a 21% drop in its quarterly profit and warned it did not expect a speedy recovery in the offshore and marine market.

Another Malaysian oil and gas casualty

21 July 2017

PETALING JAYA: Nam Cheong Group Bhd is the latest company that is unable to service its debts due to the prolonged downturn in the oil and gas (O&G) industry.

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