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LONDON: Whether Theresa May gets her Brexit agreement or not, the pound’s troubles look far from over.
KUALA LUMPUR: The ringgit was marginally lower against the US dollar early Friday on lack of demand for the local note, dealers said.
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.
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: The ringgit opened marginally lower versus the US dollar this morning on profit-taking after it closed at the highest level in more than six months, which was last seen on Aug 1, 2018 yesterday.
KUALA LUMPUR: AmInvestment Bank Research is downgrading its call on Public Bank to Hold from Buy with a lower fair value of RM25.60 a share from RM26 a share.
PETALING JAYA: Over a RM1bil additional write-off can be expected to be added to Axiata Group Bhd’s 2018 full-year financial results, which is likely to see the regional company making a total technical impairment of about RM5bil.
KUALA LUMPUR: IOI Corporation Bhd's net profit fell 68% in the second quarter ended Dec 31, 2018 due to lower operating profit and net foreign currency translation loss on foreign currency denominated borrowings and deposits .
US President Donald Trump should take a look in the mirror. China isn’t the currency manipulator.
KUALA LUMPUR: The FBM KLCI broke out of its sideways trading channel on Wednesday and hit a 3.5-month high as investors turned more positive over the ongoing US-China trade talks.