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Business 29 Oct 2013 | 5:13 PM Premium

Maybank, Tenaga weigh on KLCI

KUALA LUMPUR: Profit taking of Tenaga and Maybank dragged the FBM KLCI into the red at the close on Tuesday as investors stayed on the sidelines ahead of the US Fed meeting.

Business 30 Oct 2013 | 12:47 PM Premium

KLCI down on profit taking

KUALA LUMPUR: Profit taking of select blue chips weighed the FBM KLCI at midday on Wednesday, erasing more than two points after posting a mild rebound earlier in the morning.

Business 09 Jan 2014 | 12:57 PM Premium

Stronger economic data pushes KLCI higher

KUALA LUMPUR: The FBM KLCI ended Thursday’s morning session higher as market sentiment firmed up following stronger than expected economic data.

Business 30 Jan 2014 | 5:39 AM Premium

Wall St falls after Fed sticks with taper plan

NEW YORK: US stocks dropped more than 1 percent on Wednesday, hitting session lows after the Federal Reserve stuck with its plan to scale back stimulus even in the midst of emerging market turmoil.

Business 30 Jan 2014 | 7:49 AM Premium

Wall Street sells off after Fed sticks with stimulus cuts

NEW YORK: U.S. stocks dropped more than 1 percent on Wednesday, hitting session lows after the Federal Reserve stuck with its plan to scale back stimulus even in the midst of emerging market turmoil.

Business 25 Feb 2014 | 5:28 PM Premium

Plantations give KLCI a boost

KUALA LUMPUR: Plantations gave the FBM KLCI a boost on Tuesday on strong crude palm oil prices with IOI Corp, Sime Darby and FGV among the gainers but the broader market was cautious.

Business 06 Mar 2014 | 12:54 PM Premium

KLCI picks up momentum, thanks to plantations (Update)

KUALA LUMPUR: The FBM KLCI rose nearly three points at midday on Thursday, with mild fund buying seen in plantations, boosted by the upbeat outlook for crude palm oil (CPO) prices.

Business 09 May 2014 | 8:06 AM Premium

Wall Street ends mostly lower, Nasdaq down for 3rd session

NEW YORK: U.S. stocks mostly fell on Thursday with the S&P 500 and the Nasdaq closing lower, led by losses in the energy and utility sectors. The Nasdaq ended lower for a third straight session, its longest losing streak since early April.

Markets 12 Jun 2014 | 5:23 PM Premium

KLCI, Asian markets end in the red

KUALA LUMPUR: Malaysia's FBM KLCI closed near Thursday's intra-day low of 1,872 in lacklustre trade, mirroring the cautious key regional markets due to expected slower growth for the global economy

Economy 02 Jul 2014 | 10:36 AM Premium

US June auto sale hits best figure in 8 years

DETROIT: US auto sales hit levels in June not seen since before the financial crisis that led to the bankruptcy of two American automakers, posting the best annualised figures in eight years.