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Business 12 Jul 2019 | 12:00 AM

Affin Hwang maintains ‘neutral’ call on plantation sector

KUALA LUMPUR: Affin Hwang Capital Research has maintained its “neutral” rating on the plantation sector following a decline in palm oil inventory to its lowest in 11 months as production slowed.

Business 11 Jul 2019 | 7:58 AM

Dollar falls to five-day lows after Powell's comments

LONDON: The dollar fell to a five-day low on Thursday after Federal Reserve Chair Jerome Powell kept the door open for U.S. interest rate cuts, though investors were wary of selling dollars aggressively until a policy review later this month.

Business 11 Jul 2019 | 12:00 AM

Deutsche Bank keeping its UK broking mandates

LONDON: Some of Deutsche Bank AG’s corporate broking clients are sticking around so far, even as the lender prepares to shut its global equities business.

Business 10 Jul 2019 | 5:30 AM

Maybank IB adjudged AsiaPac’s best Islamic investment bank, Sukuk adviser

KUALA LUMPUR: Maybank Investment Bank (Maybank IB) won 13 awards at The Asset Triple A Islamic Finance Awards 2019 including two accolades for Best Islamic Investment Bank and Sukuk Adviser of the Year for Asia Pacific. 

Business 09 Jul 2019 | 3:45 AM

YTL Comms: Free Internet services offered in 'good faith'

KUALA LUMPUR: YTL Communications Sdn Bhd has reiterated that it did not ask for any special preferences when it offered free Internet services to the Education Ministry while awaiting a fresh tender for the 1BestariNet contract.

Business 09 Jul 2019 | 12:00 AM

Double-track rail project to resume

PETALING JAYA: Phase two of the project to rehabilitate the double-track railway lines around the Klang Valley is expected to resume soon at a lower price, with the contract to be re-awarded to the original contractors.

Business 09 Jul 2019 | 12:00 AM

YTL clarifies expectations on 1BestariNet contract

PETALING JAYA: YTL Communications Sdn Bhd has clarified that it was not expecting an extension of the 1BestariNet contract, but was relying on the Malaysian government to hold an open tender for the service.

Business 09 Jul 2019 | 12:00 AM

Bank Negara set to retain key interest rate

PETALING JAYA: Bank Negara is expected to maintain the benchmark interest rate at 3.00% at its Monetary Policy Committee (MPC) meeting today although there is mounting pressure for a further rate cut later this year.

Business 09 Jul 2019 | 12:00 AM

Governor: Thai central bank has no need to quickly adjust policy

CHIANG MAI: Thailand’s central bank sees no need to quickly adjust its monetary policy, despite expecting lower economic growth this year, the governor said yesterday.

Business 08 Jul 2019 | 1:28 PM

Govt to draw up strategies to combat anti-palm oil campaign

LAHAD DATU: The government will draw up new strategies and approaches to combat the anti-palm oil campaign by the European Union (EU) which give negative perceptions of the palm oil industry in this country.