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KUALA LUMPUR: Shares of Genting Malaysia Bhd rose 5.22% on news that the company could be opening its outdoor theme park (OTP) a lot earlier than expected.
KUALA LUMPUR: Late selling of Petronas Gas and Sime Darby trimmed the FBM KLCI's gains amid a firmer broader market on Tuesday but trading value perked up compared with recent days.
KUALA LUMPUR: Maybank Investment Bank Research has raised its sum-of-parts valuation for BIMB Holdings to RM5.40 from RM5.20 after factoring in higher valuations for 59.6%-owned Syarikat Takaful Malaysia Bhd (STMB).
PETALING JAYA: After pushing Internet service providers (ISP) to lower broadband prices last year, the Malaysian Communications and Multimedia Commission (MCMC) is said to be focused on combating content piracy this year.
KUALA LUMPUR: Blue chips closed off Monday's low while key Asian markets ended in the red as the US Federal Reserve was set to cut interest rates lesser than expected.
KUALA LUMPUR: Fitch Ratings has affirmed the long-term foreign- and local-currency issuer default ratings (IDRs) of Malayan Banking Bhd at “A-”. The outlook is stable.
PETALING JAYA: The Malaysian residential market needs to be evaluated with a more realistic approach to curb the rising overhang that’s being caused by the current demand-supply mismatch in the market.
Differing values of the new AirAsia
KUALA LUMPUR: The High Court has allowed the Federal Government to forfeit nearly RM49mil from the bank accounts of Tan Sri Larry Low Hock Peng, father of fugitive businessman Low Taek Jho or Jho Low, a central figure in the 1Malaysia Development Bhd scandal.Justice Mohamed Zaini Mazlan made the ruling here yesterday after deputy public prosecutor Aaron Chelliah informed the court that there was no third party present to stake a claim on the assets totalling about RM48,979,500.
KUALA LUMPUR: Bursa Malaysia and all key Asian markets closed higher on Friday as investors were confident of a US interest rate cut by end July.