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Business

Citi, Schroders launch investIQ for Citi clients

KUALA LUMPUR: Citi and Schroders have launched a digital tool, investIQ, on the Citi Wealth platform in selected markets across Asia, including Malaysia, Middle East and Europe.

Nation

Najib was a director of Yayasan Rakyat 1Malaysia, High Court told

KUALA LUMPUR (Bernama): The High Court here has been told that former prime minister Datuk Seri Najib Razak was one of the directors of Yayasan Rakyat 1Malaysia.

Business

Petronas ventures into renewable energy

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is acquiring 100% interest in Amplus Energy Solutions Pte Ltd, also known as M+, a leading Singapore-based company with a portfolio of distributed, renewable energy assets in Asia.

Business

Prestariang sues govt for RM732.86m over SKIN cancellation

KUALA LUMPUR: Prestariang Bhd's sub-subsidiary Prestariang Skin Sdn Bhd (PSkin) is making a legal claim of RM732.86mil from the Malaysian government in light of the latter's termination of the Sistem Kawalan Imigresen Nasional (SKIN) project.

Business

LPI Capital posts higher Q1 net profit despite challenging environment

KUALA LUMPUR: Insurer LPI Capital Bhd kicked off the first quarter results season on Monday with higher net profit of RM77.16mil in the period ended March 31, 2019 despite a challenging environment.

Business

KLCI turns more bullish as trade, economic tensions ease

KUALA LUMPUR: The local market was bullish in Monday morning trade as investors' risk appetite returned to emerging markets on optimism that the US-China negotiations were yielding results.

Business

PM: Revised ECRL deal raises local role to 40% of works

KUALA LUMPUR: The revised East Coast Rail Link (ECRL) will see Malaysian contractors having a 40% participation in the RM44bil project, says Tun Dr Mahathir Mohamad.

Business

Petronas units: Fire at Pengerang did not impact operations

KUALA LUMPUR: The fire at the Pengerang Integrated Complex (PIC) in Johor last Friday did not have a financial or operational impact to Petronas susidiaries' current business.

Business

Orion IXL to bring fintech solutions to Indonesia market

KUALA LUMPUR: Financial technology and business solutions provider, Orion IXL Bhd is embarking on the first overseas roll-out for its financial technology (Fintech) solutions into Indonesia's market with a partnership inked PT Kirana Investima Nusantara.

Business

Foreign selling on Bursa Malaysia slowing down

KUALA LUMPUR: Foreign investors took a slight breather from selling off stocks listed on Bursa Malaysia, according to MIDF Research.