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Business

Public Bank underpins KLCI relief rebound

KUALA LUMPUR: Malaysia's FBM KLCI staged a relief rebound at the midday on Thursday, underpinned by gains in Public Bank as funds start to increase their holdings of the banking stock.

Business

Plantations help blue chips eke out mild rebound

KUALA LUMPUR: Malaysia's blue chips managed to stage a mild rebound early Friday, underpinned by gains in plantations, shrugging off the previous day's losses.

Business

Genting, Petronas stocks led rebound on KLCI (Update)

Malaysia's blue chips closed higher on Tuesday, buoyed by a rebound in Genting Bhd and Petronas-related stocks.

Business

Maybank powers KLCI rebound at midday (Update)

KUALA LUMPUR: Maybank helped power the rebound in Malaysia's blue chips at midday on Friday after the four straight days of losses, while Asian markets climbed on positive global economic data

Business

KLCI to stabilise and stage mild rebound

KUALA LUMPUR: THE benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to stabilise and stage a mild rebound this week on stronger bargain hunting activity.

TECH

Samsung takes aim at second straight year of record profit as memory chips rebound

Samsung Electronics Co Ltd is on track to post its second consecutive year of record earnings as a rebound in its semiconductor business shields the South Korean tech giant from a slower smartphone market.

Business

CIMB, SKPetro lead rebound but market outlook bearish (Update)

KUALA LUMPUR: CIMB Group and SapuraKencana Petroleum underpinned the blue chips’ rebound at midday on Friday amid a firmer market but a one or two day rebound would not change the bearish outlook.

Business

Market up on technical rebound

THE Kuala Lumpur Composite Index (KLCI) closed up nearly 8 points at 904 on a technical rebound to break through the psychological 900-point mark after falling below that level four days ago.

Business

Oil may not rebound despite Mideast crisis

Unrest in the Middle East is keeping oil price close to US$40 per barrel during the year-end holiday period, but Malaysian analysts do not see a convincing rebound just yet.

Business

Nikkei nears two-year high as US hi-tech rebound boosts mood

TOKYO: Japan's Nikkei rose more than 1 percent to hit a near two-year high on Tuesday following a rebound in U.S. hi-tech shares as investors bet on solid growth in the economy and corporate profits globally.