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Business

Breakfast briefing February 15

Breakfast briefing: Wednesday, February 15

Plantations

Malaysian palm oil/Vegoils: Market factors to watch Wednesday Feb 15

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Feb 15..

Business

Diary Malaysia wednesday Feb 15

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

Analyst Reports

Maybank IB Research sees sustainable growth prospects for Dialog

KUALA LUMPUR: Maybank Investment Bank Research sees Dialog Group Bhd having steady, long-term, sustainable growth prospects with strong cash flows and dividends to boot as a direct proxy to Petroliam Nasional Bhd’s (Petronas) RAPID and Pengerang tank terminals and regasification projects.

TECH

Electric car boom spurs investor scramble for cobalt

Investors are buying up physical cobalt anticipating that shortages of the metal, a key component of lithium-ion batteries used in electrical cars, will spur prices to their highest levels since the 2008 financial crisis.

Corporate News

KLCI trails key Asian markets, Ringgit advances

KUALA LUMPUR: Blue chips edged lower at midday on Wednesday led by Sime Darby as the FBM KLCI trailed behind the key Asian markets as crude oil prices fell but the Ringgit firmed up against several key currencies.

Corporate News

KLCI closes sightly higher on late buying, ringgit up

KUALA LUMPUR: Late fund buying of key stocks including Genting Bhd pushed the FBM KLCI into the positive zone amid the mixed broader market while the ringgit firmed up against most key currencies.

Forex

Bank of England says to stick with animal-fat banknotes for now

LONDON: The Bank of England said on Wednesday it would keep using trace amounts of animal fat to make new plastic banknotes, as it would cost about 80 million pounds ($99 million) to switch back to paper and resolve vegetarians' and religious groups' concerns.

Nation

Crane operator at heart of aid mission

YANGON: The alarm went off at the same time the container left the floor, filling the air with a repetitive ring.

World

China considering making foreign submersibles travel on surface

BEIJING (Reuters) - China is considering revisions to its maritime safety law which would make foreign submersibles travel on the surface and report their movements to authorities when in China's waters, state media said.