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IHH, DiGi underpin KLCI’s gains, broader market firm

KUALA LUMPUR: IHH Healthcare, DiGi and Maybank underpinned the FBM KLCI’s gains at midday on Wednesday amid a firmer broader market but the ringgit weakened again to the US dollar.


Wall St. rises on Nike, lower dollar; Nasdaq hits 15-year high

NEW YORK: U.S. stocks rose on Friday, pushing the Nasdaq to a 15-year high and helping the S&P 500 snap a three-week string of losses, following a pullback in the dollar, upbeat results from Nike and further biotech gains.


Ex-MB alleges Selangor granted operating licence to SPLASH

PETALING JAYA: Former Selangor Mentri Besar Tan Sri Abdul Khalid Ibrahim has alleged that Selangor has granted an operating licence to Syarikat Pengeluar Air Selangor Sdn Bhd (SPLASH), a move he believed would be counterproductive to take ownership of the water assets in the state.


RHB Cap slips on rights issue plan, mixed views by analysts

KUALA LUMPUR: Shares of RHB Capital Bhd fell to a low of RM8.07 on Tuesday after announcing its rights issue and internal reorganisation plan.


Malaysian palm oil/Vegoils: Market factors to watch Tuesday April 14

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday April 14.


MISC surges to 2008 high on analysts upgrade

KUALA LUMPUR: MISC Bhd’s share price surged to a high of RM9.14 – the highest since 2008 -- on Tuesday after it was upgraded by analysts on expectations of stronger earnings following the stronger US dollar.


Deutsche's radical revamp foiled by ECB stress test

FRANKFURT: A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank concluded the model would not withstand a severe financial crisis, sources said.


Asian markets up in early trade Tuesday on Wall Street's positive lead(Update)

TOKYO: Asian stocks rose on Tuesday, following a positive lead from Wall Street, while the dollar held onto its gains after rebounding against the euro and yen on higher U.S. Treasury yields.


PKR’s See says AG report lacks details

KUCHING: The Auditor-General’s Department should provide more details in its annual reports to ensure public accountability and transparency.


KLCI at 7 month high on MISC, Tenaga gains

KUALA LUMPUR: Sustained fund buying of index-linked stocks MISC and Tenaga Nasional enabled the FBM KLCI to close at a seven-month high on Tuesday while the broader market also showed a marked improved in investor sentiment.