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Business 07 Jun 2012 | 12:00 AM

Stocks rally on central bank hopes, euro rises

NEW YORK: World stocks rose more than 2 percent, recovering a bit from recent weakness, and the euro rallied on Wednesday on hopes that major central banks might act to bolster a slowing global economy.

Business 07 Jun 2012 | 12:00 AM

Nasdaq offers $40 mln to cover Facebook losses

NEW YORK: Nasdaq OMX Group Inc said it will offer cash and rebates totaling $40 million to compensate clients affected by the problems with Facebook Inc's initial public offering, an amount well short of the losses claimed by top market makers for the IPO.

Business 27 Jul 2012 | 12:00 AM

SapuraKencana secures contracts

KUALA LUMPUR: SapuraKencana Petroleum Bhds wholly-owned subsidiary, Kencana HL Sdn Bhd, has secured two contracts worth RM250mil-RM300mil from Murphy Sarawak Oil Co Ltd.

Business 04 Jul 2012 | 12:00 AM

US stocks gain for third day as stimulus hopes rise(update)

NEW YORK: U.S. stocks extended a rally for a third day on Tuesday as sharp gains in oil prices lifted energy shares and traders factored in increased expectations for central bank stimulus.

Business 26 Jul 2012 | 12:00 AM

SapuraKencana Petroleum secures RM300m deals

SapuraKencana Petroleum Bhd has secured two contracts from Murphy Sarawak Oil Co. Ltd. valued between RM250mil and RM300mil.

Business 08 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Shares weaker despite China rate cut, Bernanke weighs

TOKYO: Asian shares edged lower on Friday, hurt by disappointment that Federal Reserve Chairman Ben Bernanke gave no clues on whether a U.S. easing was in the offer, outweighing any positive effect from China rate cuts.

Business 19 Jul 2012 | 12:00 AM

Crude oil prices face further downward pressure

PETALING JAYA: Crude oil prices, which rose steadily from July 11 only to come off a seven-week high yesterday, will continue to see downside risks for the remainder of the year as a global economic slowdown impacts demand.

Business 28 Jul 2012 | 12:00 AM

More jobs for SapuraKencana

PETALING JAYA: Analysts expects SapuraKencana Petroleum Bhd to secure more jobs after it won contracts from Murphy Sarawak Oil Co Ltd.

Business 26 Oct 2013 | 12:00 AM

Bukit Kiara maiden foray into Japan

BUKIT Kiara Properties Sdn Bhd’s (BKP) maiden foray abroad into the Japanese ski resort of Hakuba has a simple story behind it. It connects with one of Datuk N.K. Tong’s passions in life – skiing.

Business 31 Oct 2013 | 12:00 AM

Some prices unchanged post-goods and services tax

This is the second part of a two-part question-and-answer series by PwC Malaysia on the Budget 2014 provisions. The first part was published yesterday.