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Corporate News 07 Mar 2017 | 1:39 AM

KLCI rallies past key 1,730 resistance level, PetDag leads

KUALA LUMPUR: Blue chips extended their gains early Monday on sustained foreign buying and pushed the FBM KLCI past the 1,730 resistance level, led by Petronas Dagangan, plantations and banks.

Business 23 Feb 2017 | 12:00 AM

MRCB working towards lowering debt level

LONDON: Malaysian Resources Corp Bhd (MRCB) continues to focus on lowering its debt level, which include spinning off its assets through direct sales and potentially listing its property and construction arms.

Business 06 Oct 2010 | 12:00 AM

US stocks surge to highest level in five months

NEW YORK: Stocks surged to their highest level in five months Tuesday after a report that activity in U.S. services companies powered ahead in September, a hopeful sign for the economy's largest sector and America's main source of employment.

Business 24 Dec 2012 | 12:00 AM

Study: West Antarctica warming fast, may quicken sea level rise

OSLO: West Antarctica is warming almost twice as fast as previously believed, adding to worries of a thaw that would add to sea level rise from San Francisco to Shanghai, a study showed on Sunday.

Markets 05 Mar 2019 | 10:37 PM

Wall St. slips as GE swoons, key market level loom

NEW YORK: Wall Street's main indexes dipped in a choppy session on Tuesday as a drop in General Electric shares countered positive retailer earnings and investors eyed a key resistance level for the benchmark S&P 500 after the market's strong run.

Banking 30 Oct 2018 | 1:44 AM

China sets yuan mid-point at weakest level since 2008

SHANGHAI: China's central bank set its official yuan midpoint to the lowest level in over a decade on Tuesday, as the local currency remained on the back foot on worries over slower growth at home and talk of further falls in coming months.

Economy 14 Sep 2018 | 12:00 AM

Govt seen able to improve on its fiscal deficit level

PETALING JAYA: Expectations that the fiscal deficit level will decrease are running high on the back of rising sentiment on crude oil prices.

Markets 24 Jul 2018 | 10:48 PM

S&P at highest level since Feb

NEW YORK: The S&P 500 on Tuesday closed at its highest level since Feb. 1 as Alphabet's blowout results bolstered expectations of a robust earnings season.

Markets 04 Apr 2018 | 12:01 AM

Wall Street closes higher as S&P rises above key support level

NEW YORK: The three major U.S. stock indexes ended higher after a choppy session on Tuesday as investors looked forward to earnings season while the S&P 500 pushed above a key support level and Amazon.com shares jumped on bets that criticism from President Donald Trump would not translate to policy changes.

Banking 08 Feb 2018 | 12:00 AM

Yuan rises to near pre-devaluation level

SHANGHAI: China’s yuan advanced toward the strongest level since before its devaluation in 2015, shrugging off central bank signals that appreciation should slow.