KUALA LUMPUR (Oct 11): Cuscapi Bhd, which is currently operating from leased premises, is acquiring a commercial space at Empire City in Damansara Perdana for RM20 million.

The group said it is buying the space, located within the podium level below MyEG Tower, from Cosmopolitan Avenue ...

Cuscapi buys commercial space at Empire City for RM20m

KUALA LUMPUR (Oct 11): Barakah Offshore Petroleum Bhd has secured a five-year contract to provide maintenance, construction and modification work for structures and facilities in oil and gas fields offshore Peninsular Malaysia.

Barakah said its wholly-owned subsidiary PBJV Group Sdn Bhd...

Barakah secures five-year maintenance contract from Hess Exploration

KUALA LUMPUR (Oct 11): The FBM KLCI dropped 26.69 points or 1.54% today to end at 1,708.49 in tandem with Asian shares on what appeared to be a knee-jerk reaction to US stocks' overnight tumble.  

At Bursa Malaysia today, the five KLCI stocks leading the fall of the KLCI, in percen...

FBM KLCI down 1.54% as Wall Street tumble hits world markets

KUALA LUMPUR (Oct 11): Total outstanding Malaysian Government Securities (MGS) and Government Investment Issues (GII) came in lower for the first time in September at RM702.2 billion (August 2018: RM706.1 billion) since February, according to Malaysian Rating Corporation Bhd (MARC).

The...

MARC: Total outstanding MGS, GII down in September, first fall since February

KUALA LUMPUR (Oct 11): Top Glove Corp Bhd’s net profit for the fourth quarter ended Aug 31, 2018 (4QFY18) grew 7.5% to RM101.6 million or 7.95 sen per share, as compared with RM94.49 million or 7.54 sen per share a year ago, on higher sales volume.

Its quarterly revenue rose 34.8% to RM...

Top Glove’s 4Q up 7.5% to RM101.6m, proposes 10 sen dividend

KUALA LUMPUR: Malaysia’s palm oil inventories hit an eight-month high in September, but analysts do not think it will have much impact on crude palm oil (CPO) prices.

September palm oil inventories grew 1.45% to 2.54 million tonnes from 2.5 million tonnes in August, as palm oil output l...

Higher September palm oil stocks unlikely to affect CPO prices — analysts

KUALA LUMPUR (Oct 10): Based on corporate announcements and news flow today, companies in focus on Thursday (Oct 11) may include: LPI Capital Bhd, Top Glove Corp Bhd, Red Ideas Holdings Bhd, MCE Holdings Bhd, Malaysia Airports Holdings Bhd (MAHB), Gamuda Bhd, MMC Corp Bhd, CNI Holdings Bhd and mT...

LPI Capital, Top Glove, Red Ideas, MCE, MAHB, Gamuda, MMC Corp, CNI Holdings and mTouche Technology

KUALA LUMPUR (Oct 10): Polyethylene compound maker Plastrade Technology Bhd plans to diversify its business to include distribution and retailing of information and communications technology (ICT) products and related activities, through the acquisition of EA Global Integrated Sdn Bhd.

...

Plastrade to diversify into ICT via acquisition

KUALA LUMPUR (Oct 10): CNI Holdings Bhd has suspended its multi-level marketing (MLM) business activities in Myanmar after local authorities banned the use of such methods.

In a filing with Bursa Malaysia today, CNI said the Ministry of Commerce Myanmar had on Sept 18 issued a notificat...

CNI Holdings suspends MLM business in Myanmar

KUALA LUMPUR (Oct 10): MCE Holdings Bhd will manufacture and sell window regulators to Proton and Geely Motor customers in Malaysia under a technical assistance agreement with China-based Shanghai SIIC Transportation Electric Co Ltd (STEC).

In a bourse filing, MCE said its wholly-owned ...

MCE to use Shanghai SIIC’s window regulators technology

The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.

Anwar: Putrajaya will keep eye on inflation rate following civil service pay hike

US private payrolls increased more than expected in April, suggesting that the labor market maintained its momentum early in the second quarter.

US private payrolls beat expectations in April 

Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.

KFC parent Yum reports surprise drop in global same-store sales on weak demand

Shell has exited China's power markets as part of CEO Wael Sawan's drive to focus on more profitable operations including its natural gas and oil businesses.

Shell exits China power market businesses

The retail price of RON97 petrol remains unchanged at RM3.47 per litre, with RON95 also unchanged at RM2.05 per litre, from May 2 to May 8, according to the Ministry of Finance on Wednesday.

Fuel prices unchanged till May 8

The dollar edged towards its highest level this year against a basket of peers and US share futures dipped on Wednesday ahead of a Federal Reserve policy decision, though trading was thin with many European and Asian markets closed.

Dollar near five-month highs ahead of Fed policy decision

Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later.

Crypto washout sends bitcoin below US$58,000 into bear market

Prime Minister Datuk Seri Anwar Ibrahim has emphasised that any party associating him and the government with a purported casino project in Forest City must face legal action.

Those who spread lies on Forest City casino project ought to be jailed, says PM

Details regarding the salary increase for civil servants will be announced during the tabling of Budget 2025 in October this year.

Details of civil servants’ wage hike to be announced in Budget 2025, says Fahmi 

China's Huawei Technologies has moved the high-profile chief of its consumer business, Yu Chengdong, to a new role as chair of the unit, two people with knowledge of the matter said.

Huawei's high-profile consumer CEO Richard Yu shifts role

Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.

The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.

US private payrolls increased more than expected in April, suggesting that the labor market maintained its momentum early in the second quarter.

Neily Syafiqah Eusoff

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Neily Syafiqah Eusoff

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌