ADVERTISEMENT

Corporate News


  • Filter by

Gold prices dip on dollar recovery and Brexit

BENGALURU: Gold fell yesterday as the US dollar regained some ground and uncertainty over Brexit eased, but the metal held close to a two-week high hit in the previous session as tepid US inflation data cemented expectations that the Federal Reserve would hold rates.

Spot gold was down 0.5% at US$1,302.90 per ounce, after touching its highest since March 1 at US$1,311.07 on Wednesday. US gold futures also dipped 0.5%, to US$1,302.40 an ounce.

TNB keeps mum on leadership change rumours

PETALING JAYA: Tenaga Nasional Bhd’s (TNB) stock took a dip amidst rumours that its president and CEO, Datuk Seri Azman Mohd (pic), has been told to step down.

Agrobank eyes RM1.2b loan growth

KUALA LUMPUR: Agrobank, formerly Bank Pertanian Malaysia Bhd, targets loan growth of RM1.2bil for the financial year ending Dec 31, 2019 (FY19).

President and chief executive officer Syed Alwi Mohamed Sultan(pic) said that for FY19, loan balance totalled RM10.7bil with loan growth of 12% or RM1.2bil, surpassing the earlier target of RM1bil.

TNB mum on leadership change rumours


PETALING JAYA: Tenaga Nasional Bhd (TNB) has neither confirmed nor denied that there would be a change in leadership of the state-owned electricity giant.

TNB president and CEO Datuk Seri Azman Mohd has been with the power giant since 1979.

Final days for flag carriers

ON Tuesday, Malaysian Prime Minister Tun Dr Mahathir Mohamad told reporters he's studying whether to sell, shut down or refinance Malaysia Airlines Bhd., the troubled national carrier.

ON Tuesday, Malaysian Prime Minister Tun Dr Mahathir Mohamad told reporters he's studying whether to sell, shut down or refinance Malaysia Airlines Bhd., the troubled national carrier.

ADVERTISEMENT