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Commodities 28 Nov 2018 | 12:00 AM

Petronas lifts Q4 capex spending

PETALING JAYA: Petroliam Nasional Bhd (Petronas) will raise capital expenditure (capex) spending in the last quarter of the year to lift production and increase capacity.

Corporate News 27 Nov 2018 | 8:40 AM

Petronas lifts Q4 capex spending as Q3 profit jumps

KUALA LUMPUR: Higher price of crude oil lifted Petronas' profit before tax up 26% to RM18.87bil in the third quarter ended Sept 30 compared with RM14.95bil made in the same period last year, as revenue increased 19% to RM63.9bil.

Markets 07 Nov 2018 | 9:26 AM

Consumer stocks top gainers, Digi lifts KLCI

KUALA LUMPUR: Late fund buying powered blue chips higher on Monday as consumer stocks rallied while Digi and Axiata helped to give the FBM KLCI a significant boost.

Auto 07 Nov 2018 | 12:00 AM

Toyota lifts full-year profit forecast on weaker yen

TOKYO: Toyota Motor Corp raised its forecast for full-year operating profit by 4.3% as it expects a boost from a weaker yen, after ongoing sales growth in Asia and Europe lifted profit in the July-September quarter.

Corporate News 01 Nov 2018 | 12:00 AM

Sanofi lifts forecast as vaccines, eczema drug provide fuel

LONDON: Sanofi is moving in the right direction again, modestly boosting its 2018 outlook after reporting its first increase in quarterly earnings in more than a year.

Markets 31 Oct 2018 | 1:38 AM

Tech stocks stage mild rebound, TM lifts KLCI

KUALA LUMPUR: Tech-related stocks staged a mild rebound early Wednesday after the overnight rally on Wall Street while recently-battered down Telekom Malaysia advanced on some mild bargain hunting.

Markets 19 Oct 2018 | 10:32 PM

S&P falls on interest rate, trade concerns; P&G lifts Dow

NEW YORK: The U.S. benchmark S&P 500 stock index edged lower on Friday as strong earnings from Procter & Gamble Co were offset by ongoing concerns about rising interest rates and tensions over trade policy denting economic growth.

Corporate News 04 Oct 2018 | 11:09 AM

Aeon Credit lifts interim payout as Q2 profit rises

KUALA LUMPUR: Aeon Credit Service (M) Bhd has declared a higher interim dividend payout after net profit in the second quarter ended Aug 31 jumped 13% to RM80.6mil on higher transactions and financing volume.

Markets 22 Sep 2018 | 12:00 AM

Pinehill Pacific’s Perak land sale lifts share price

KUALA LUMPUR: Pinehill Pacific Bhd (PinePac) shares jumped by a maximum trading limit after the loss-making company announced a plan to sell its oil palm estate in Perak to United Plantations Bhd for RM413.57mil cash.

Markets 19 Sep 2018 | 4:59 AM

Bursa holds onto morning gains, banking sector lifts

KUALA LUMPUR: Bursa Malaysia held on to most of the gains it had made in the early morning session as it took the lead of regional peers.