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Corporate News 25 Apr 2016 | 10:18 AM

Local fund selling drives KLCI into the red

KUALA LUMPUR: Malaysia's stock market closed in the red, tracking the losses in key Asian and European bourses ahead of the central bank meetings in the US and Japan this week.

Business 25 Apr 2016 | 7:45 AM

Investors look beyond Big Oil's worst quarter yet

LONDON: The world's top oil companies are set to report their worst quarterly results yet in the current downturn but a recent recovery in crude prices is raising hopes the market has bottomed out.

Corporate News 25 Apr 2016 | 5:32 AM

Key Asian market down at midday, KLCI slumps

KUALA LUMPUR: All key Asian markets except Taiwan ended Monday morning in the red, including Bursa Malaysia, dragged down by banks and Tenaga Nasional.

Corporate News 25 Apr 2016 | 2:20 AM

KLCI slips early Monday, key markets in the red

KUALA LUMPUR: Key regional markets including Bursa Malaysia fell early Monday as crude oil slipped and the ringgit weakened against the US dollar, extending its decline from last week.

Business 23 Apr 2016 | 12:00 AM

To be or not to be

ECONOMIC boom and bust cycles appear to occur once every decade. The last crisis was the Global Financial Crisis and Great Recession of 2007 to 2009, triggered by subprime loans in the United States.

Business 23 Apr 2016 | 12:00 AM

Oil majors to turn in worst quarterly earnings

LONDON: The world's biggest oil companies, set to report their worst quarterly earnings in more than a decade, are finding their cost-cutting efforts haven’t matched the decline in crude prices over the past two years.

Corporate News 23 Apr 2016 | 12:00 AM

TRIplc-Puncak merger may be on the cards

PUNCAK Niaga Holdings Bhd underscored its desire to transform itself into a full-fledged construction player after signing an agreement with TRIplc Bhd to acquire its businesses last week.

Corporate News 22 Apr 2016 | 6:49 AM

Malaysia to woo 20 more MNCs to set up principal hub

KUALA LUMPUR: The government aims to bring in a further 20 multinational companies (MNCs) to establish their principal hub in Malaysia this year following investments totalling RM7.31 billion derived from 12 MNCs to date.

Markets 22 Apr 2016 | 5:12 AM

KLCI slips 4 points, ringgit weakens at midday

KUALA LUMPUR: Blue chips fell at midday on Friday, tracking the losses in key regional markets, with Genting Bhd and Maxis weighing on the FBM KLCI, while the ringgit weakened against the main currencies.

Analyst Reports 22 Apr 2016 | 12:44 AM

Foreign buying nudges KLCI higher

KUALA LUMPUR: Foreign fund buying on Bursa Malaysia led the FBM KLCI higher on Thursday with net buying at RM207.3mil while local institutions and retail investors took profit, according to BIMB Securities Research.