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Business 19 Jan 2015 | 5:39 PM

Maybank lifts KLCI, O&G stocks see active trade

KUALA LUMPUR: Maybank led the FBM KLCI to a higher close on Monday on growing optimism about the outlook for the bank while oil and gas counters rose in active trade amid a firmer broader market.

Business 19 Jan 2015 | 2:12 PM

Most O&G players to benefit from stronger US dollar

KUALA LUMPUR: Maybank Investment Bank Research expects the stronger US dollar against the ringgit to generally have a positive to neutral impact on oil and gas (O&G) companies except Perdana Petroleum.

Business 19 Jan 2015 | 1:06 PM

Najib outlines 6 areas to drive economy

PUTRAJAYA: Prime Minister Datuk Seri Najib Tun Razak today outlined six priority areas as part of efforts to drive tha nation's economy and protect the people's well-being.

Business 19 Jan 2015 | 1:04 PM

KLCI gains 6 points at midday

KUALA LUMPUR: After losing 1.4 points on Friday, the FBM KLCI was upbeat in Monday morning trade, adding 5.92 points at the break on a day when markets are buoyed by the fact that US shares had snapped a five-day losing streak at last week’s close.

Business 19 Jan 2015 | 12:54 PM

Govt aims to meet RM178bil contribution target for palm oil

KUALA LUMPUR: The government will intensify its efforts to realise the Gross National Income Contribution for the palm oil industry of RM178bil by 2020.

Business 19 Jan 2015 | 10:34 AM

Oil and gas stocks top gainers

KUALA LUMPUR: Buying interest in oil and gas (O&G) stocks perked up in Monday’s mid-morning trade as investors tried to take a longer view of the oil industry despite the 50% fall in crude oil prices since June 2014.

Business 19 Jan 2015 | 9:11 AM

Foreign funds net sellers at RM1.41b in week ended Jan 16

KUALA LUMPUR: Foreign funds continued to exit from Malaysian equities and the total amount reached RM1.416bil in the week ended Jan 16, 2015.

Business 19 Jan 2015 | 8:22 AM

Palm oil/Vegoils: Market factors to watch on Monday Jan 19

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Jan 19.

Business 19 Jan 2015 | 8:15 AM

China's shipyards brace for leaner times as oil slump sours rig building spree

SHANGHAI/SINGAPORE: For China's shipyards, the oil rig market that was supposed to be a blessing is in danger of becoming a curse.

Business 19 Jan 2015 | 12:00 AM

Oil slump slashes SABIC earnings

DUBAI: Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, posts a 29% plunge in fourth-quarter net income, widely missing analysts' forecasts because of the tumble of global oil prices.