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KUALA LUMPUR: Bursa Malaysia ended Friday on a weaker note as investors took some money off the table after four days of gains with Top Glove and Maxis dragging the FBM KLCI into the red.
Facebook's new effort to bring outside experts into its content review process promises to be complicated and possibly contentious, if discussions this week at a meeting in Singapore are any indication.
KUALA LUMPUR: The FBM KLCI succumbed to post-rally profit-taking on Friday morning as investors took stock of ongoing developments and the state of the global economy.
KUALA LUMPUR: Petron Malaysia Refining & Marketing Bhd’s share price fell 8% this morning after the group announced that it had slipped into the red in the fourth quarter ended Dec 31, 2018.
KUALA LUMPUR: AirAsia X Bhd expects operational cost per available seat-kilometre (CASK) excluding fuel to be lower in the coming quarters due to cost-saving initiatives.
SINGAPORE: Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East dominated producer club OPEC to withhold supply and tighten global markets.
KUALA LUMPUR: Firm fund buying of CIMB, Tenaga and Press Metal, especially in late trading on Thursday, enabled the FBM KLCI to extend its rally for the fourth day.
KUALA LUMPUR: Petron Malaysia Refining & Marketing Bhd posted a net loss of RM25.5mil in the fourth quarter ended Dec 31, 2018 against a net profit RM99.56mil in the same quarter a year ago.
KUALA LUMPUR: Mild profit-taking was seen on Bursa Malaysia on Thursday morning, on the heels of the FBM KLCI's 20-point advance in the previous session.
KUALA LUMPUR: RAM Ratings sees inflation declining to -0.5% in January 2019 from +0.2% in December amid deflationary pressures from the transport fuel component.