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KUALA LUMPUR: Power giant Tenaga Nasional Bhd’s share price fell to an intra-day low of RM13.06 on Thursday as foreign funds took profit after the recent surge in its share price.
KUALA LUMPUR: Moody's Investors Service has upgraded the senior unsecured bond ratings of Tenaga Nasional Bhd and TNB Capital (L) Ltd to A3 from Baa1.
KUALA LUMPUR: There will be no increase on electricity tariff until June next year said Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili.
THE Government is studying the proposal to review the Power Purchase Agreements (PPA) with the first generation independent power producers involving an amount of RM1.57bil in order to help the people cope with the increasing electricity tariff, the House heard.
NEW YORK: U.S. stocks climbed on Monday, with the S&P 500 bouncing from its worst weekly drop in the past seven, as concerns eased over the situation in Crimea, while economic data indicated the economy was improving after a winter slowdown.
NEW YORK: U.S. stocks ended little changed on Thursday in a choppy session ahead of Friday's payrolls report, which may provide insights into whether the Federal Reserve will announce another cut in quantitative easing at its meeting this month.