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KLCI fails to close above 1,700 on profit taking pressure

KUALA LUMPUR : The FBM KLCI failed to close above the psychological support level of 1,700 points on profit taking activity following gains in four out of the past five trading days.

US dollar rally against ringgit may be over

KUALA LUMPUR: After peaking out at a multi-year high of 4.4770 against the ringgit on Sept 29, 2015, the US dollar bulls made two attempts to resume the rally, once in November and another round in January this year.

Ringgit, crude oil prices help KLCI climb to highest since October

KUALA LUMPUR: Foreign fund buying aided by the stronger ringgit and rebound in crude oil prices enabled the FBM KLCI to cross the crucial 1,700 level on Monday to hit the highest since late October 2015.

Oil jumps as traders close short positions, US producers cut rig count

SINGAPORE: Oil prices jumped on Monday, extending a rally that has lifted crude benchmarks by more than a third from this year's lows, as tightening supply and an improving global outlook strengthened the sentiment for a market recovery.

Turkish police fire rubber bullets to break up Women's Day rally

ISTANBUL (Reuters) - Turkish police on Sunday briefly detained at least one woman and fired rubber bullets to disperse a crowd of hundreds of people trying to mark International Women's Day in central Istanbul.

Church-going chemist gives German anti-immigrant party a 'friendly face'

BITTERFELD-WOLFEN, Germany (Reuters) - Frauke Petry has been fiercely ambitious since her schooldays. Now the church-going chemist also has high ambitions for the political party she heads, the Alternative for Germany, and her weapon is the refugee crisis.

Trading ideas: Hibiscus, Genetec, MCIL, Bumi Armada

KUALA LUMPUR: JF Apex Research expects Hibiscus Petroleum, Genetec Technology, Media Chinese International Ltd and Bumi Armada to be among the stocks to watch on Monday after their corporate announcements.

Online campaign in defence of Najib gaining traction

PETALING JAYA: A campaign in defence of Datuk Seri Najib Tun Razak is gaining traction online as the Prime Minister is facing continuous attacks by his detractors.

Malaysian palm oil/Vegoils: Market factors to watch Monday March 7

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday March 7.

Popular dance competition open to all, regardless of age or nationality

THE NORTHERN region’s most popular dance competition Shuddup N’ Dance is set to return bigger and better this year.