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KUALA LUMPUR: Offshore oil and gas service provider Bumi Armada Bhd recorded a 7.49% lower third-quarter net profit of RM92.57mil compared to a year ago on the back of 22.8% higher revenue of RM403.92mil, due to higher depreciation cost, interest charge and tax expense arising from its operations.
PETALING JAYA:b/b>Buoyed by overnight gains on Wall Street, Bursa Malaysia once again resumed its uptrend after its 25-point correction on Tuesday.
PETALING JAYA: The Malaysian stock market lost its momentum, along with other regional markets, as hopes for a quick solution to the eurozone debt crisis were doused and signs were clear that China's robust growth was moderating.
TOKYO, Oct 18 (Reuters) Asian stocks and commodities fell on Tuesday after Germany's finance minister cautioned against hopes for a quick fix to Europe's debt problem, and news that China's economic growth slowed a tad in the third quarter added to concerns.
SINGAPORE Oct 17 (Reuters) Asian shares rose on Monday and the euro held firm amid hopes that a crucial week for the euro zone crisis will see policymakers finally come up with a comprehensive plan to resolve the region's debt woes and recapitalise its banks.
TOKYO, Oct 14 (Reuters) Asian shares inched down on Friday, tracking New York and European shares lower as weak Chinese trade data raised concerns about the global economy, while the euro eased after another sovereign debt ratings downgrade.
SINGAPORE, Oct 10 (Reuters) The euro rose on Monday after the leaders of France and Germany pledged to unveil a plan to solve the euro zone's sovereign debt crisis by the end of the month, but Asian shares struggled to make gains as Hong Kong and China stocks dragged.