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Plantations 10 Aug 2017 | 10:53 PM

Malaysian palm oil prices at highest level for more than a week despite data

KUALA LUMPUR: Malaysian palm oil futures rose to their highest level in over a week on Thursday evening on expectations of soyoil gains, despite the earlier release of bearish industry data.

Markets 02 May 2017 | 6:01 AM

KLCI rallies past key 1,770 resistance level

KUALA LUMPUR: The FBM KLCI advanced at midday on Tuesday on sustained buying and pushed the FBM KLCI past the 1,770 resistance level, led by CIMB Group.

Business 06 Nov 2013 | 12:00 AM

Comfortable household debt level

PETALING JAYA: The current level of household debt, which stands at about 83% to gross domestic product (GDP), will not impact Malaysian banks’ creditworthiness as the existing and new measures are sufficient to prevent it from becoming a bubble, according to analysts.

Corporate News 24 Apr 2015 | 5:49 PM

Ringgit likely to stay at 3.5 level in medium term, says CIMB

KUALA LUMPUR: The ringgit, which is at its two-month high at the 3.5 level against the US dollar today, will likely stay at the current level for the medium term, said a trader.

Business 15 Dec 2010 | 12:00 AM

US stocks up, Dow at highest level for this year, Asian marts down(update)

NEW YORK: Stocks edged higher after retail sales rose for the fifth straight month in November and a survey showed that large companies intend to hire more workers. The Dow Jones industrial average closed at its highest level of the year.

Business 24 Mar 2009 | 12:00 AM

NZ dairy trader's revenue down, holds payout level

WELLINGTON, New Zealand (AP) - New Zealand's Fonterra Cooperative Group, the world's biggest dairy trader, announced a 7.6 percent slide in revenues on Tuesday for the half year, but assured farmer shareholders its annual payout level for their milk will remain unchanged.

Business 10 Nov 2009 | 12:00 AM

US stocks at highest level in 13 months, global stocks up

NEW YORK: The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for gold, oil and other noshade size=-1 width=50%>

Business 19 Oct 2009 | 12:00 AM

Zeti says Malaysia's interest rate at appropriate level

KUALA LUMPUR: Malaysia's interest rates are supportive of the country's economic recovery and remain at an appropriate level, Bank Negara Malaysia Governor, Tan Sri Dr Zeti Akhtar Aziz said on Monday.

Business 01 Apr 2011 | 12:00 AM

Support for Bank Negara move to control household debt level

KUALA LUMPUR: Malayan Banking Bhd (Maybank) and Standard Chartered Bank Malaysia Bhd are supportive of the move by Bank Negara to introduce measures for property loans and credit card applications to control the household debt level.

Business 14 Feb 2011 | 12:00 AM

Hedge fund Level Global to shut down

NEW YORK: Level Global Investors, one of four hedge funds raided by US authorities last November in a broad investigation into insider trading, has told investors it would shut down, citing the pressure of the probe and investor redemptions.