More Business

Banking 15h ago

Initiative to help Malaysians in retirement and child education

KUALA LUMPUR: With child education and retirement being the number one priority in terms of financial goals, Malaysians can now work towards achieving them, thanks to an initiative by OCBC Bank (M) Bhd.

OCBC Bank head of consumer financial services Lim Wyson
Markets 14h ago

KLCI slides 28pt as key Asian markets fall on Trump's threats

KUALA LUMPUR: US President Donald Trump's threat to slaps tariffs on another US$200bil on Chinese imports dealt a heavy blow to European and key Asian markets, especially China as investors fled riskier assets especially equities.

The ringgit weakened 0.11% against the US dollar to 4.0022.
Markets 16h ago

China stocks face \"darkest hour\" after fresh Trump tariff threat

SHANGHAI: Shanghai stocks tumbled nearly 4 percent on Tuesday to a two-year low as U.S. President Donald Trump's fresh tariff threats against China raised the spectre of a full-blown trade war.

Forex 1d ago

Ringgit weakens past 4 to US$

KUALA LUMPUR: The ringgit weakened against the surging US dollar in late morning trade on Monday to 4.0015, which was the lowest since January this year.

Economy 14h ago

Stronger US GDP in Q2

PETALING JAYA: The US gross domestic product (GDP) is anticipated to grow at a much stronger pace in the second quarter, underpinned by stronger retails sales, according to AmBank Group.

Corporate News 18h ago

Top Glove Q3 net profit jumps as revenue tops RM1b

KUALA LUMPUR: Top Glove Corporation Bhd released a strong of financial results for its third quarter ended May 31, 2018 as its revenue crossed RM1bil mark, the best within a single quarter.

Corporate News 1d ago

Malaysia has never qualified for the World Cup - WHY?

THE World Cup is on us and Malaysian employers are bracing themselves.

Malaysia has never qualified and now might be a good time to ask why.
Markets 1h ago

Casualties of US-China trade war, Bursa extends loss

PETALING JAYA: The intensifying trade war between the world’s two largest economies led investors to flee riskier assets especially equities, causing a selldown in major equity markets.

Stocks tumble: The Hang Seng Index closed at 29,468.15, a loss of 2.78, in Hong Kong yesterday. Hong Kong and Shanghai stocks led a sell-off across Asian and European markets on rising fears of a trade war after Trump threatened fresh tariffs on Chinese imports and Beijing warned of countermeasures. — AFP
Markets 1d ago

Intensified foreign selling seen on Bursa Malaysia

KUALA LUMPUR: Foreign funds sold stocks listed on Bursa Malaysia at a stronger pace last week, marking the seventh week of foreign attrition, according to MIDF Research.