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Business 09 Mar 2007 | 12:00 AM

KL market regains ground for third day

Shares on Bursa Malaysia recouped losses for the third day after the recent sell-down as institutional funds sought more bargains.

Business 18 Dec 2006 | 12:00 AM

Saga of the shrinking dollar

FINALLY, the inevitable is beginning to unfold, with the US dollar climbing down from dizzy heights. There has been a consensus among the analysts for quite a while that the strong dollar was neither sustainable nor desirable, given the huge budget and current account US deficits.

Business 28 Nov 2006 | 12:00 AM

Ringgit strongest in 6 months

The ringgit climbed to its strongest level in almost six months against the US dollar on Monday, hitting 3.6265 before settling at 3.6375 at 5pm.

Business 03 Oct 2006 | 12:00 AM

Will uptrend continue?

Most markets around the world have been on the uptrend since the beginning of the third quarter but the monetary policies of major economies have left equity researchers wondering if the bullishness will hold up going forward.

Business 22 Sep 2006 | 12:00 AM

Interest rate increases stopped, inflation to go below 3%

Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said the central bank has stopped raising borrowing costs and expects inflation to fall below 3%, joining other central bankers in signalling an end to interest rate increases.

Business 13 Jul 2006 | 12:00 AM

Bank of Japan to start pivotal meeting

TOKYO (AP) - Japan's central bank was scheduled to start a pivotal two-day policy meeting Thursday, amid widespread expectations it will raise interest rates for the first time in six years.

Business 16 Jun 2006 | 12:00 AM

Growth prospects good despite risks

The prospects of the Malaysian economy are still favourable but rising energy prices, persistent global imbalances as well as fears of an avian flu pandemic will remain as risks to expansion, said CIMB Securities.

Business 08 Jun 2006 | 12:00 AM

Gold falls for third day in Asia on rate rise worries

Gold prices in Asia fell for a third day on speculation the US Federal Reserve, the Bank of Japan and the European Central Bank (ECB) may raise interest rates, eroding the metal's appeal as an alternative investment.

Business 24 May 2006 | 12:00 AM

KLCI recovers slightly on blue-chip support

Buying support for select heavyweight stocks helped the Kuala Lumpur Composite Index (KLCI) recover slightly Tuesday after falling for eight consecutive trading days.

Business 23 May 2006 | 12:00 AM

Commodity sell-off prompts consensus for bulls and bears

Mayur Ajmani bought copper last month only to see US$11,000 of his investment vanish in an hour when the metal had its biggest decline May 15 since 2004.