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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

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 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 08 Jun 2012 | 12:00 AM

Genting weighs on KLCI on profit taking

Blue chips closed lower on Friday after three straight days of gains, as investors decided to take profit in the absence of any strong measures to resolve the euro zone crisis.

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.

Business 11 Jun 2012 | 12:00 AM

KLCI climbs to 7-day high, regional markets rally

Tenaga and Genting helped push the FBM KLCI to a seven-day high on Monday as investors were relieved that euro zone finance ministers agreed to lend Spain up to US$125bil to strengthen its struggling banks.

Business 14 Jun 2012 | 12:00 AM

KLCI trades in tight range amid lacklustre market

lue chips were marginally higher at the midday break on Thursday, with the FBM KLCI trading within a three-point range in the absence of strong leads to attract buying interest.