Business

Corporate News 8h ago

Former investment banker jailed, fined for insider trading

KUALA LUMPUR: The Kuala Lumpur Sessions Court today convicted and sentenced a former investment banker for insider trading in the shares of PacificMas Bhd, the Securities Commission said.

Retail 12h ago

Mitsui Outlet Park opens 20 new stores

Corporate News 9h ago

TM appoints four new directors, chief human capital officer

Oil & Gas 21h ago

Oil to hit US$100 per barrel amid growing demand?

Markets 15h ago

KLCI slips as global markets take stock of Italian debt

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Markets 10h ago

KLCI closes slightly lower amid mixed sentiment

Maarten Wetselaar, integrated gas and new energies director of Royal Dutch Shell Plc, from second left, Andy Calitz, chief executive officer of LNG Canada Development Inc., and Adnan Zainal Abidin, vice president of global LNG at Petronas Bhd, celebrate after signing LNG Canada's final investment decision in Vancouver, British Columbia, Canada. - Bloomberg

Oil & Gas 13h ago

Looming large: LNG Canada seen as tip of megaproject iceberg

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Forex 1d ago

Rupiah weakens past 15,000 per dollar for first time since 1998

Analyst Reports 18h ago

Trading Ideas: Key Asic, GDex, Malakoff, DRB-Hicom and Mega First Corp

Corporate News 13h ago

Top Glove to perform better in Q4 FY18 on lower raw material prices and stronger US dollar

Forex 18h ago

Ringgit opens slightly higher as gains tapered by rising risk sentiment

Governor Veerathai Santiprabhob said on Tuesday the bank would hold a hearing on mortgage lending standards to curb underpricing of risks in the market.

Property 16h ago

Thai central bank wary of property sector risks

Stock on the Move 17h ago

Key Asic slides on proposed share capital reduction

KUALA LUMPUR: Key Asic Bhd is seeing selling pressure following news it is proposing to undertake a share capital reduction of RM46mil to eliminate the company's accumulated losses.

Markets 18h ago

Asia shares up, euro rebounds as reports temper Italian debt fears (Update)

SYDNEY: Asian shares reversed early losses while the euro rebounded from six-week lows on reports Italy will cut its budget deficit at a faster pace than expected, raising hopes Rome could stave off a problematic debt blow-out.

MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.2 percent with Hong Kong's Hang Seng index up 0.5 percent and Singapore shares adding 0.9 percent. Japan's Nikkei pared early losses and was last a shade weaker while Australian shares gained 0.3 percent. E-Minis for the S&P 500 the Dow also reversed losses gain 0.2 percent each. China's financial markets are closed for the National Day holiday and will resume trade on Oct. 8. South Korea was also closed for a public holiday.

Banking 15h ago

Value-based intermediation will lift Islamic banking to a higher level, says BNM

KUALA LUMPUR: Bank Negara (BNM) expects the adoption of value-based intermediation (VBI) to have a significant impact on business models of Islamic financial institutions.

Bank Negara governor Datuk Nor Shamsiah Mohd Yunus

Corporate News 1d ago

TM to raise RM4bil via sukuk

Telco seeks alternative access to debt funding for capex

Spending review: Bazlan says the lower capex would entail reprioritising the group’s network spending

Markets 12h ago

MAIA optimistic aerospace manufacturing revenue will surpass RM9bil

KUALA LUMPUR: The Malaysia Aerospace Industry Association (MAIA) is confident that revenue from the country's aerospace manufacturing industry will surpass the RM9 billion mark this year.

Analyst Reports 19h ago

Maybank Investment maintains buy rating on MMHE

KUALA LUMPUR: Maybank Investment Research remains positive on the cyclical recovery in the heavy engineering segment while noting that a sizeable job win would be a re-rating catalyst for Malaysia Marine Heavy Engineering Bhd amid bottoming valuations.

Markets 18h ago

Bursa holds steady as Eurozone worries give regional markets shaky start

KUALA LUMPUR: Some worries over the Eurozone raised investor caution on Wedneday as Italy's government borrowing cost rose to the highest level since 2014, prompting a dispute with Brussels over spending plans.

Corporate News 01 Oct 2018

CIMB Islamic to boost earnings

Sukuk champion to focus on customer-centric propositions

Competitive sector: Rafe says the bank has to compete with other players to meet higher consumer expectations in the traditional and digital spaces.

Corporate News 16h ago

Woman sues Facebook, claims site enabled sex trafficking

A Texas woman, claiming that she was raped, beaten and sex trafficked at the age of 15 by a pimp who posed as a Facebook "friend," has filed suit against the social network, alleging its executives knew minors were being lured into the sex trade on their platform.

The woman, identified only as Jane Doe in court papers filed in Harris County District Court in Houston on Monday, also named as defendants the now-shuttered classified ads website Backpage.com and its founders.

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