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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.
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.
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.
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.
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.
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.
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 commodities.hr noshade size=-1 width=50%>
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.
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.