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Business

KFC’s return to Malaysian bourse heralds rebound in deal volumes

KUALA LUMPUR: Fundraising from Malaysian initial public offerings is poised to rebound from the lowest in 16 years, led by a planned relisting of the local KFC operator, as receding uncertainty and commodity price gains help rekindle demand for riskier assets.

Business

KLCI stages relief rebound early Tuesday

KUALA LUMPUR: Blue chips staged a relief rebound early Tuesday, hopefully putting the first trading of the third quarter on a firm note, propped up by gains in Petronas Gas Bhd.

Business

CPO prices to rebound in 4Q due to La Nina, says Kenanga Research

KUALA LUMPUR :Kenanga Research has maintained its forecasted crude palm oil (CPO) average price of RM2,400 per metric tonnes (mt) with a rebound in prices expected later this year due to the La Nina phenomenon.

Golf

How well will Spieth rebound at Oakmont from Masters meltdown?

(Reuters) - Jordan Spieth will launch his U.S. Open title defence next week at Oakmont where, in the eyes of some, a question mark will be hovering over his ability to rebound from his shocking back-nine collapse at the Masters in April.

Business

KLCI stages mild rebound, Petronas stocks lead

KUALA LUMPUR: Blue chips staged a mild rebound early Tuesday after the recent spate of selling pressure, triggered by foreign fund cutting their stakes, with the FBMKLCI inching up just two points,

Business

Little joy in HK stock market’s rebound

TAIPEI: The 15% rebound in Hong Kong’s stock market is doing little to excite investors.

Business

MARC expects crude oil prices to rebound

KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) expects the price of crude oil to rebound in the second half of the year as current low levels of near US$30 a barrel is “unsustainable” for producing countries, including Malaysia, its chief economist said.

Business

KLCI stages mild rebound as Sime Darby leads

KUALA LUMPUR: Blue chips staged a mild rebound on Thursday, recouping half of the previous day’s losses, supported by fund buying of Sime Darby and UMW amid a firmer broader market as crude oilm prices recovered.

Business

Vodafone service revenue shows Europe rebound

STOCKHOLM: Vodafone Group Plc, the second-largest mobile-phone company by customers, reported service revenue that showed a rebound in Europe and said growth in Africa and Asia was supported by strong demand for mobile voice and data services.

Business

KLCI surges nearly 25 points as ringgit rallies on crude oil rebound

KUALA LUMPUR: Key regional markets rebounded on Friday while the FBM KLCI surged nearly 25 points and the ringgit put up a strong performance against the major currencies, underpinned by a rebound in crude oil prices.