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Business 27 Jul 2011 | 12:00 AM

PetChem makes offer to Sabah amid land problems

KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem), which is currently trying to resolve land related matters for its proposed Sabah Ammonia-Urea plant project (Samur), has offered a 25% equity partnership to the state government.

Business 12 Aug 2011 | 12:00 AM

FBM KLCI closes higher

The FTSE Bursa Malaysia KLCI (FBM KLCI) closes higher today by 7.21 points to 1,483.67 following overnight Wall Street recovery

Business 27 Aug 2011 | 12:00 AM

PetChem Q1 profit jumps 18% on higher revenue

PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) reported 18.3% higher net profit year-on-year (y-o-y) to RM737mil for its first quarter (Q1) ended June 30, 2011, compared with RM623mil in the corresponding period last year, on higher revenue driven primarily by strong product prices.

World 25 Nov 2011 | 12:00 AM

South Korea might ban Iran petchem imports - sources

SEOUL (Reuters) - South Korea might ban Iranian petrochemical product imports following pressure from the United States to beef up sanctions against Tehran over its nuclear programme, sources said, although the measure would have a limited economic impact.

Business 27 Dec 2011 | 12:00 AM

Malaysia-Market factors to watch Tuesday Dec 27

KUALA LUMPUR: Following is a list of events in Malaysia as well as news stories and press reports which mayinfluence financial markets.

Business 16 Apr 2012 | 12:00 AM

KLCI dips below 1,600, IOI, Tenaga weigh

Key regional markets were in the red at midday on Monday as investors stayed cautious ahead of Spain’s debt sale on Tuesday and slowing growth in South Korea.

Business 04 May 2012 | 12:00 AM

KLCI among best performers, IOI, PetChem lift

Malaysia's blue chips were among the best performers in Friday's morning session, with the FBM KLCI up 0.41%, aided by gains in plantation heavyweight IOI Corp, BAT and Petronas Chemicals.

Business 07 May 2012 | 12:00 AM

Key regional markets in the red, KLCI dn 0.39%

Key regional markets were in the red on Monday, with Japan, Hong Kong and Singapore registering more than 2% in losses on growing pessimism over the lingering Eurozone debt crisis.

Business 11 May 2012 | 12:00 AM

Commodities, equities in the red on Europe debt woes

Commodities including oil and gold fell on worries about the eurozone debt crisis at midday on Friday while all key regional equities markets were in the red, posting losses of up 1.4%.

Business 21 May 2012 | 12:00 AM

Trading volume on Bursa shrinks, KLCI barely higher

Key regional markets were mostly higher in cautious trade at midday on Monday, with the FBM KLCI barely higher while volume shrunk significantly from last Friday.