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Business

October inflation rate lower

Malaysia's inflation rate, as measured by the consumer price index (CPI), rose 7.6% in October, down from 8.2% in September, according to data from the Statistics Department.

Business

Analysts say LCL’s growth potential promising

MOST analysts are upbeat on LCL Corp Bhd despite the shares falling to a low of 90 sen last Friday compared with RM2.49 three months ago (July 31).

Business

Bursa third quarter profit down 64%

Bursa Malaysia Bhd's net profit for its third quarter ended Sept 30 slumped 64% to RM20.2mil, or 3.8 sen per share, as the global credit crunch and domestic uncertainties impacted trading revenue from the equity market.

Business

September vehicle sales climb to 7.4%

The motor vehicle industry has registered a 7.4% increase in sales volume to 50,729 units in September compared with the preceding month.

Business

Stock Watch

Rachael Kam writes on Public Bank, TRC Synergy and EO.

Business

Stock Watch

Suraj Raj writes on British American Tobacco, United Motor Works and MyEG.

Business

Firm’s good business model attracts outsourcing clients abroad

Besides being a dividend stock, growth prospects for Wellcall Holdings Bhd - which analysts say is not a speculative stock - are also attractive.

Business

Astro rallies on compensation news

Shares in pay-TV operator Astro All Asia Networks plc rallied to an intraday high of RM2.83 yesterday, before profit taking trimmed gains, and the stock closed up 12 sen or 4.5% at RM2.80.

Business

Analysts: BII buy still expensive

Analysts say Malayan Banking Bhd's (Maybank) revised acquisition price of PT Bank Internasional Indonesia Tbk (BII) is still expensive despite a rebate of RM758.9mil.

Business

Bullish outlook for SapuraCrest

Analysts are bullish on SapuraCrest Petroleum Bhd's outlook following the strong earnings it registered for the first half ended July 31.