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Business 14 Sep 2004 | 12:00 AM

KLCI surges in line with regional uptrend

THE KL Composite Index (CI) surged seven points to a two-month high of 857 yesterday, the first trading day following the tabling in Parliament last Friday of the proposed national budget for 2005, considered as neutral.

Business 08 Sep 2008 | 12:00 AM

Kulim plans REITs, unit IPO

KULIM (M) Bhd will be looking at plantation REITs (real estate investment trusts) and a separate listing for its plantation unit as part of its effort to unlock the value of the group's diversified portfolio.

Business 09 Aug 2008 | 12:00 AM

Ringgit falls below 3.30 against US dollar

The ringgit fell below 3.30 against the US dollar for the first time in eight months, pressured by foreign sell down on local stocks and bonds.

Business 13 Dec 2004 | 12:00 AM

Mid-East investors set sights on Malaysia

FOR many years Malaysia had promoted itself without much success as the main Islamic financial centre in the region, targeting investors from the Middle East. However, following the Sept 11, 2001 attacks, Middle Eastern investors began looking for investment destinations other than London and New York, and Malaysia's efforts have started bearing fruit.

Business 31 Dec 2008 | 12:00 AM

RM1.3bil for KLK’s share buyback

Kuala Lumpur Kepong Bhd (KLK) has proposed to allocate about RM1.32bil to buy back up to 10% of its paid-up capital.

Business 01 Mar 2005 | 12:00 AM

Cash-rich Corporate America sits tight

Corporate America is generating cash at near record levels, but the lessons of past investments turned sour are prompting companies to adopt a more conservative approach with spending.

Business 10 Mar 2007 | 12:00 AM

Analysts generally bearish on yen, expect erratic movement

Analysts are generally bearish on the yen while an economist expects its movement to remain erratic.

Business 12 May 2006 | 12:00 AM

MAHB worst hit of MSCI removed stocks

Malaysia Airports Holdings Bhd (MAHB) was the worst hit among the 14 stocks that Morgan Stanley Capital International (MSCI) said it was removing from its Malaysian index effective the end of this month.

Business 23 May 2006 | 12:00 AM

Latest HLA fund targets RM50m gross premiums

Hong Leong Assurance Bhd (HLA) expects its latest single premium investment-linked fund, HLA Capital Guaranteed Fund 1, to bring in RM50mil in gross premiums at the close of the fund's offer period.

Business 26 May 2006 | 12:00 AM

OSK first quarter profit surges 45% to RM41mil

OSK Holdings Bhd yesterday reported a 45% increase in pre-tax profit to RM40.7mil for the first quarter ended March 31 compared with RM28.1mil in the previous corresponding quarter.