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PETALING JAYA: The plunge in crude oil prices is likely to cause the government to lose billions of ringgit in oil revenue that could see the fiscal deficit balloon under current spending plans.
KUALA LUMPUR: Asian markets stabilised on Tuesday after the rout the previous day on hopes of more stimulus measures by governments after the Covid-19 coronavirus left 4,000 people dead.
PETALING JAYA: The compression in net interest margins (NIMs) being shouldered by banks is becoming a pressing issue amidst interest rate cuts.
KUALA LUMPUR: As markets struggled to cope with the fallout from the Covid-19 coronavirus, the oil war unleashed by Saudi Arabia sent markets in Europe to Asia and Malaysia reeling.
KUALA LUMPUR: Bursa Malaysia was pounded in a global sell-off as investors fled equities for fixed income and safe haven assets amid a price war between Saudi Arabia and rival oil producer Russia.
KUALA LUMPUR: The newly reconfigured former Parkson area could be a key driver for KLCCP Stapled Group as it should be able to mitigate the REIT's lukewarm hospitality segment while offering the potential scaling of the space's net lettable area, says RHB research.
NO! This column in not referring to the recent political turmoil that had engulfed the nation to the point of confusion as we tried to figure out who had that magical 112 parliamentary seats in the bag to form the government.
KUALA LUMPUR: Banks led blue chips lower on Friday as worries about the fallout on the economy continued to weigh on investor and the anxiety among investors was also seen in Asian markets.
KUALA LUMPUR: Bursa Malaysia is en route to ending the week on a sour note as gobal equities tracked Wall Street lower amid fears that the impact of the Covid-19 outbreak on the US and Europe would be worse than expected.