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Business 11 Jul 2019 | 2:54 AM

Ringgit rises to near three-month high versus US$

KUALA LUMPUR: The ringgit rose to a high of 4.1217 against the US dollar on Thursday after US Federal Reserve chairman Jerome Powell indicated a cut in interest rates.

Business 11 Jul 2019 | 1:13 AM

Affin Hwang maintains Neutral on plantations as palm oil stockpiles dip

KUALA LUMPUR: Affin Hwang Capital research maintained its neutral rating on the plantation sector following a decline in palm oil inventory to its lowest in 11 months as production slowed.

Business 11 Jul 2019 | 12:50 AM

CIMB expected to push further into Asean markets

KUALA LUMPUR: Kenanga research expects CIMB Group Holdings Bhd to make further inroads into Asean given its plans for strategic growth in the region.

World 11 Jul 2019 | 12:49 AM

U.S. appeals court hands win to Trump in hotel 'emoluments' case

(Reuters) - U.S. President Donald Trump on Wednesday scored a crucial victory in a Democratic-backed lawsuit that accuses him of violating anti-corruption provisions of the U.S. Constitution with his Washington hotel.

Business 11 Jul 2019 | 12:08 AM

Wall Street touches new highs after comments by Fed's Powell

NEW YORK: US stocks closed higher and the S&P 500 index briefly crossed the 3,000-point mark for the first time on Wednesday as remarks by Federal Reserve Chairman Jerome Powell reassured investors about the potential for an interest rate cut later this month.

Business 11 Jul 2019 | 12:04 AM

Fed's Powell signals rate cut as trade war outweighs strong job market

WASHINGTON: The Federal Reserve is preparing to cut interest rates for the first time in a decade because it sees a cooling global economy and no sign of overheating in the jobs market at home.

Business 11 Jul 2019 | 12:00 AM

Sapura Energy may see margin pressure in FY20

KUALA LUMPUR: Sapura Energy Bhd is expected to remain in the red in financial year 2020 (FY20) despite narrowing losses due to poor engineering and construction (E&C) margins.

Nation 11 Jul 2019 | 12:00 AM

Task force probing missing duo gets new members

PETALING JAYA: Two more people have been added to the task force probing the disappearances of Pastor Raymond Koh and activist Amri Che Mat following calls for a more balanced and impartial panel.

Nation 11 Jul 2019 | 12:00 AM

Rape accused maintains innocence

IPOH: Paul Yong Choo Kiong (pic), the state executive councillor accused to have raped his Indonesian maid, has maintained his innocence.

Nation 11 Jul 2019 | 12:00 AM

Good news for PTPTN borrowers

KUALA LUMPUR: First-time homebuyers burdened with student loans will now be able to buy their own home as they will no longer be blacklisted from buying a house under the Central Credit Reference Information System (CCRIS).