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Business 18 May 2016 | 12:45 AM

Breakfast briefing: Wednesday, May 18

Breakfast briefing: Wednesday, May 18

Business 18 May 2016 | 12:00 AM

Indonesia turns to Singapore

JAKARTA: Indonesia is turning to Singapore’s Temasek Holdings Pte as a model to create a sovereign investment company to drive development in South-East Asia’s biggest economy.

Forex 17 May 2016 | 10:01 AM

Confidence returning to Bursa Malaysia, KLCI closes up 12 points

KUALA LUMPUR: Confidence returned to the stock market on Tuesday, snapping a recent string of declines, as firmer crude oil prices and firmer ringgit enabled investors to try and look past the MSCI review of its weightage for Malaysian equities.

Business 17 May 2016 | 7:58 AM

Top foreign and local news at 4pm

Top foreign and locals news at 4pm

Corporate News 17 May 2016 | 6:13 AM

Icon Offshore bidding for long term jobs in Brunei

KUALA LUMPUR: Icon Offshore Bhd is aggressively bidding for long-term contracts in Brunei as part of its regionalisation strategy this year.

Business 17 May 2016 | 6:00 AM

Oil rally suggests supply worries wane, but for how long?

New York: A rally in US crude oil prices recently has put the market on its firmest footing since the rout started in 2014, with the spread between prices for near-term delivery and future delivery narrowing, suggesting the worst of the supply glut may be over.

Business 17 May 2016 | 5:42 AM

UMW Oil and Gas plans more cost cuts, bids for 22 tenders

KUALA LUMPUR: UMW Oil and Gas (UMW O&G) plans to undertake more cost reductions in 2016 and this recently saw the company reducing its workforce, according to Bloomberg.

Corporate News 17 May 2016 | 4:43 AM

Petronas stocks, Sime, Public Bank underpin KLCI rebound

KUALA LUMPUR: Local fund buying of Petronas-linked stocks, Sime Darby and Public Bank underpinned the FBM KLCI's rebound at midday on Tuesday as the index climbed nearly 11 points.

Corporate News 17 May 2016 | 1:44 AM

KLCI stages mild rebound, Petronas stocks lead

KUALA LUMPUR: Blue chips staged a mild rebound early Tuesday after the recent spate of selling pressure, triggered by foreign fund cutting their stakes, with the FBMKLCI inching up just two points,

Corporate News 16 May 2016 | 10:29 AM

KLCI worst performer on Monday, CMSB top loser

KUALA LUMPUR: Malaysia's stock market was the worst performer on Monday, with the FBM KLCI extending the losses by more than seven points at the close as Axiata, CIMB and Petronas Gas the main decliners while a slump in CMSB's earnings saw it emerging as the top loser.