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Business 22 May 2012 | 12:00 AM

Markets firmer, CIMB, DiGi buoy KLCI

Key Asian markets held on to their gains at midday on Tuesday, notching gains of more than 1% as investors pinned their hopes that China and Europe would implement measures to strengthen economic growth.

Business 24 May 2012 | 12:00 AM

KLCI bucks region, Tenaga, Maybank up

The FBM KLCI bucked the regional markets in the morning session on Thursday, underpinned by gains in heavyweights including Tenaga and Maybank.

Business 24 May 2012 | 12:00 AM

Petronas Chemical plans RM2bil capex

KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) will spend about RM2bil on plant building and maintenance for its financial year ending Dec 31 (FY12), said its chairman Datuk Wan Zulkiflee Wan Ariffin.

Business 28 May 2012 | 12:00 AM

Petronas Chemicals records RM1.02b net profit in Q1

Petronas Chemicals Bhd posted net profit of RM1.019bil in the first quarter ended March 31, 2012, down 7.5% from the RM1.214bil a year ago.

Business 29 May 2012 | 12:00 AM

PetChem posts higher profit

PETALING JAYA: Petronas Chemicals Group Bhds (PetChems) net profit for the first quarter ended March 31, 2012, grew 3.4% to RM1.02bil, compared with RM986mil in the corresponding period last year.

Business 30 May 2012 | 12:00 AM

KLCI higher in early trade, boost from Sime, CIMB

Blue chips made a firm start on Wednesday, boosted by gains in Sime Darby and CIMB.

Business 31 May 2012 | 12:00 AM

DRB-Hicom can tackle issues easily

DRB-HICOM has partially consolidated Proton Holdings Bhd’s earnings in the fourth quarter of 2012 after acquiring a 50.01% stake in Proton on March 16. DRB-Hicom incurred higher net finance expenses in the fourth quarter due to loans to complete the acquisition.

Business 04 Jun 2012 | 12:00 AM

Investors exit commodities, equities

Investors exited commodities and equities on Monday, due to disappointing U.S. jobs growth figures on Friday and weak Chinese manufacturing data, with the regional markets posting losses of up to nearly 3%.

Business 04 Jun 2012 | 12:00 AM

Regional markets fall, ringgit lowest since October

Key regional markets fell in the morning session on Monday, with the key indices down between 1% and 3.45% while the FBM KLCI fell below 1,560 as tepid US job growth in May and euro zone worries weighed on sentiment.

Business 08 Jun 2012 | 12:00 AM

KLCI dips in early trade, KLK, PetChem lead decliners

Blue chips slipped in early trade on Friday on mild profit taking after three straight days of gains, with KLK and PetChem among the decliners.