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KUALA LUMPUR: Serba Dinamik Holdings Bhd said its net profit in the last quarter jumped 43% to RM202mil, as revenue swelled by a third to RM1.81bil.
KUALA LUMPUR: Malaysia’s consumer price index recorded a year-on-year (y-o-y) decrease of 0.2% to 122.1 in January, representing a 10th straight month of declines since March last year.
KUALA LUMPUR: Malaysia's consumer price index recorded a year-on-year decrease of 0.2% to 122.1 in January, representing a 10th straight month of declines since March last year.
RIO DE JANEIRO: Petrobras shares plunged 22% on Monday, wiping out 71 billion reais (US$13bil) in market value, as Brazilian President Jair Bolsonaro again slammed its pricing policies after he replaced the state-controlled oil company’s market-friendly chief executive officer with a retired army general.
HEDGE funds purchased more petroleum last week, but buying was almost entirely concentrated in West Texas Intermediate (WTI), which suggests it was driven by the prospect of freezing weather temporarily hitting US oil production.
NEW YORK: Platinum prices soared to their highest in nearly 6½ years, fuelled by expectations that a rebound in the global economy would stoke demand for the metal used in auto catalysts.
KUCHING: Shin Yang Shipping Corp Bhd (Syscorp) is to acquire Melinau Transport Sdn Bhd (MTSB), a leading firm in bulk cargo transportation, to shore up its earnings.
THE finance ministry on Wednesday announced it will cap fuel prices below 2019 levels as the benchmark Brent crude futures reached its highest in 13 months.
RIO DE JANEIRO: Brazil’s state-controlled oil company, Petrobras, has expanded to one year from three months the period for which it calculates the international price parity of the fuels it sells, the producer confirmed in a statement after a report by Reuters.