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Business 30 Aug 2010 | 12:00 AM

M'sian share index at 30-month high

KUALA LUMPUR: The FTSE Bursa Malaysia KL Composite Index surged to a 30-month high on Monday, spurred by a broadly positive earnings season and an even chance of a another rate hike later this week. Shares in Sime Darby, Maybank, CIMB and TNB led rising quality stocks.

Business 26 Aug 2010 | 12:00 AM

MIDF expects IOI to perform satisfactorily

KUALA LUMPUR: MIDF Research is optimistic that IOI Corp Bhd will perform satisfactorily in the new financial year.

Business 20 Aug 2010 | 12:00 AM

Analysts see better Q4 for Maybank

PETALING JAYA: Analysts expect Malayan Banking Bhd's (Maybank) earnings for the fourth quarter to be announced today to be better than the previous quarter's, underpinned by higher interest and non-interest income.

Business 27 Jul 2010 | 12:00 AM

MMHE offering seen raising up to RM1.1bil

PETALING JAYA: Malaysian Marine Heavy Engineering Holdings Bhd's (MMHE) initial public offering (IPO) could potentially raise between RM854.4mil and RM1.12bil, priced in the range of RM2.09 to RM2.76 a share.

Business 14 Jul 2010 | 12:00 AM

Bumper soybean reap may cap CPO rebound

PETALING JAYA: A bumper soybean harvest in South America may limit a recent rebound in crude palm oil (CPO) prices.

Business 13 Jul 2010 | 12:00 AM

Good growth seen for Indon banks

PETALING JAYA: Indonesia is seen as the next growth story for local banks due to its low banking penetration rate and strong loan growth prospects, according to analysts.

Business 08 Jul 2010 | 12:00 AM

RM1.14bil funding for 4th lane on N-S and NKVE highway no problem

PETALING JAYA: Analysts do not expect funding of the RM1.14bil highway-widening works in Malaysia to be an issue with PLUS Expressways Bhd.

Business 14 Jun 2010 | 12:00 AM

KL market this week to get cue from abroad

PETALING JAYA: The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) will remain driven by external factors, in particular the direction of the United States and other leading Asian bourses this week.

Business 10 Jun 2010 | 12:00 AM

AirAsia X listing under study

PETALING JAYA: While the listing of AirAsia X Sdn Bhd (AAX) is deemed necessary, some analysts are still studying the viability of its business model as the long-haul low-cost model has yet to chart an established flight path.

Business 18 May 2010 | 12:00 AM

Global forex swings to hit exporters

PETALING JAYA: The recent fluctuations in global exchange rates will affect export-driven companies and conglomerates with substantial overseas operations, companieswith large import contents and those with plans to invest abroad, experts say.