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Nation 22 Jan 2015 | 12:00 AM

Global slowdown will not shake our fundamentals, says PM

PETALING JAYA: Malaysia’s economy remains strong despite a global slowdown and the drop in crude oil prices, said Prime Minister Datuk Seri Najib Tun Razak.

Business 22 Jan 2015 | 12:00 AM

RAM: Enough reserves to cushion outflow of hot money

BANGI: Malaysia has enough reserves to counter any transitionary impact from the outflow of hot money from its capital markets, according to a ratings agency.

Letters 22 Jan 2015 | 12:00 AM

Face uncertainties together


Business 22 Jan 2015 | 12:00 AM

Ringgit hits fresh six-year low

PETALING JAYA: The ringgit weakened for a third day in a row, falling to a fresh six-year low against the US dollar amid fresh worries about possible rating downgrades of the country’s debts after the Government revised its fiscal deficit forecast higher.

Nation 21 Jan 2015 | 9:59 PM

Najib: No crisis, Malaysian economy still strong despite global slowdown

PETALING JAYA: Malaysia is not facing an economic crisis, with the economy remaining strong despite a global slowdown and the drop in crude oil prices.

Business 21 Jan 2015 | 5:29 PM

Electricity tariffs stay despite falling oil as gas the major fuel: Energy Ministry

PUTRAJAYA: Declining oil prices do not directly impact current electricity tariffs because electricity generation in the country is mainly via piped natural gas which is already heavily subsidised, according to the Ministry of Energy, Green Technology and Water.

Business 21 Jan 2015 | 5:23 PM

KLCI jumps nearly 20 points

KUALA LUMPUR: The FBM KLCI extended its gains and surged almost 20 points up on late buying of select blue chips, as investors sentiments recovered in tandem with the firmer Asian equities.

Business 21 Jan 2015 | 1:04 PM

KLCI up 6 points at midday; MISC, PChem, Genting lift

KUALA LUMPUR: The FBM KLCI ended Wednesday morning trade up 6.13 points, lifted by the buying of MISC, Petronas Chemicals and the two Genting stocks which together pushed up the index by more than five points.

Economy 21 Jan 2015 | 10:35 AM

Japan firms struggle to lift prices two years into Abenomics

TOKYO: Two-thirds of Japanese companies plan to hold back on raising prices of products and services this year, a Reuters poll showed, underscoring the difficulty of defeating deflation despite two years of bold monetary policy and economic stimulus.

Business 21 Jan 2015 | 10:16 AM

Oil prices edge up in early Asian trade Wed

SINGAPORE: Oil prices edged up in early Asian trading on Wednesday in a further sign that prices are receiving support around current levels, but analysts said the outlook for the next six months remained weak due to oversupply.