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KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) and Big Innovation Holdings Limited (BIH), a wholly-owned subsidiary of Hon Hai Precision Industry Co Ltd (Foxconn), plan to set up a joint venture company to build and operate a new 12-inch wafer fabrication plant in Malaysia.
KUALA LUMPUR: Bursa Malaysia bounced back after strong selling pressure yesterday on fears that rising inflation could derail global economic growth.
KUALA LUMPUR: The FBM KLCI remained in the red at midday amid a sell-off in global equities following Wall Street's overnight slump.
KUALA LUMPUR: Bursa Malaysia opened on a weak note on Monday, tracking the heavy selling on Wall Street last Friday as investors reacted to further affirmaton of more aggressive US rate hikes.
KUALA LUMPUR: Dagang NeXchange Bhd's (DNeX) 90%-owned subsidiary Ping Petroleum Ltd has received a letter of "no objection" from the North Sea Transition Authority in relation to its proposed development concept for the Avalon discovery in the Central North Sea, UK.
KUALA LUMPUR: The FBM KLCI ended the morning session in positive territory as investors picked up bargains following recent declines.
KUALA LUMPUR: The FBM KCLI entered midday with a slight lead but was unable to make much headway past the 1,600-point psychological level.
KUALA LUMPUR: The domestic market continued its rally in the wake of growing positive sentiment in global markets.
KUALA LUMPUR: Bursa Malaysia started the day on course for a positive session following the strong rebound on Wall Street overnight.