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On The Beat 09 Aug 2015 | 12:00 AM

Focus on the economy

While the political drama in the country is the most talked-about topic now, it’s time to turn our attention back to money matters. Our livelihood depends on it.

Business 07 Aug 2015 | 12:00 AM

Malaysian market feels the heat as ringgit falls to new 17-year low

PETALING JAYA: The ringgit’s exchange rate dropped to 3.91 against the US dollar, which is a new 17-year low, as the sell-off in the stock market intensified amid weakening growth prospects continuing to weigh down on investor sentiment.

Business 03 Aug 2015 | 9:20 AM

Foreign fund outflow from Malaysia above RM11b: MIDF Research

KUALA LUMPUR: MIDF Equities Research estimates that cumulative net foreign outflow from Malaysian equities rose to RM11.7bil at end July, significantly surpassing the RM6.9b outflow for the entire 2014.

Business 01 Aug 2015 | 12:00 AM

Corporates turn to rights issues as interest in IPOs wanes

MALAYSIA’S capital markets are undergoing a change.

Business 20 Jul 2015 | 9:35 AM

Strong start for KLCI as Petronas Gas leads gainers

KUALA LUMPUR: The local stock market got off to a strong start early Monday, underpinned by gains in Petronas Gas, while there was rising interest in mid-cap stocks.

Business 20 Jul 2015 | 8:43 AM

BIMB Research sees buying interest on Bursa

KUALA LUMPUR: BIMB Securities Research sees some buying interest on Bursa Malaysia on Monday with the FBM KLCI’s next target at 1,730.

Business 13 Jul 2015 | 8:56 AM

Net foreign selling at RM811m on Bursa

KUALA LUMPUR: Net foreign selling on Bursa Malaysia totaled –RM811.70mil in the week ended July 10, 2015 despite some net buying on Friday, according to BIMB Securities Research.

Business 07 Jul 2015 | 12:00 AM

Fitch boost for Malaysia short-lived, ringgit hardest hit in Asia

PETALING JAYA: The simmering economic crisis in Greece and weakness in China continued to roil financial markets across the region, with the ringgit being the hardest hit among Asian currencies. Sentiment on the ringgit was further compounded by rising domestic political risk, lingering concerns about 1Malaysia Development Bhd’s massive debt problems and lower oil revenue.

Business 30 Jun 2015 | 7:50 AM

Breakfast briefing: Tuesday, June 30

Breakfast briefing: Tuesday, June 30

Business 30 Jun 2015 | 12:00 AM

Analysts: Greece fallout unlikely to affect Malaysia, concern about ringgit

PETALING JAYA: The fallout from Greece’s possible exit from the European Union following its debt crisis is unlikely to have a contagion effect on the Malaysian economy for now. But the concern is more on Fitch’s credit rating of Malaysia that could impact the ringgit, which is seeing minimal effects from the Greece problem.