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Thursday, 15 November 2018
KUALA LUMPUR: Four former Bursa Malaysia heavyweights which have seen significant declines in their share price and market capitalisation will be exiting MSCI Inc’s main global index. Astro Malaysia Holdings Bhd, FGV Holdings Bhd, MyEG Services Bhd (MyEG) ...
Thursday, 15 November 2018
KUALA LUMPUR: Finance Minister Lim Guan Eng said he is surprised that the Public Accounts Committee (PAC) is under the false impression that the RM19.4 billion the ministry claims has gone missing from the goods and services tax (GST) refunds fund is ...
Thursday, 15 November 2018
(Nov 15): Federal Reserve Chairman Jerome Powell said the U.S. economy is strong but could face headwinds next year as policy makers weigh how far and fast to raise interest rates. “We have to be thinking about how much further to raise rates, and the ...
Thursday, 15 November 2018
KUALA LUMPUR: There should be proper regulations on political funding and official guidelines by Bank Negara Malaysia on cryptocurrency before Harapan Coin can be rolled out, Lembah Pantai member of parliament (MP) Fahmi Fadzil said yesterday. “I believe ...
Thursday, 15 November 2018
(吉隆坡15日讯)锡冶炼和锡矿开采业务报捷,把马熔锡机构(Malaysia Smelting Corp Bhd)的2018财年第三季净利按年推高52.5%至1166万令吉,上财年同季为765万令吉,并刺激股价今早上升4.11%。 截至早上9点13分,该股起3仙,至76仙,共2万5000股成交。 然而,季度营业额按年下滑23.2%至3亿943万令吉,2017财年第三季报4亿317万令吉,主要是2018财年第3季精炼锡的销售放缓以及锡价走低。 该集团指出,锡冶炼业务在2018财年第三季转亏为盈,得益于一次性收 ...
Thursday, 15 November 2018
KUALA LUMPUR: Finance Minister Lim Guan Eng yesterday mocked his predecessor Datuk Seri Najib Razak for not being able to differentiate between a ratings downgrade and an outlook change when the latter shared his thoughts on Moody’s Investors Service’s ...
Thursday, 15 November 2018
KUALA LUMPUR (Nov 15): Advancecon Holdings Bhd shares rose 3.33% this morning after it bagged an RM43.37 million contract from Sime Darby Serenia Development Sdn Bhd to undertake earthworks and appurtenance works for Phase 2 of the Serenia City township ...
Thursday, 15 November 2018
KOTA KINABALU: The Roundtable on Sustainable Palm Oil (RSPO) has proposed a new and separate standard for independent smallholders to promote the greater inclusion for the latter into the RSPO system. The proposed new standard — tailored to help reduce ...
Thursday, 15 November 2018
KUALA LUMPUR: Plantation player Kuala Lumpur Kepong Bhd (KLK), on announcing that net profit for the fourth quarter of its financial year 2018 (4QFY18) has slumped 58.1% year-on-year (y-o-y) on weaker crude palm oil (CPO) and palm kernel (PK) prices ...
Thursday, 15 November 2018
KUALA LUMPUR (Nov 15): Malaysia Smelting Corp Bhd (MSC) shares rose 4.11% in thin trade this morning after its net profit jumped 52.5% to RM11.66 million in 3QFY18 from RM7.65 million a year ago on stronger earnings from both its tin smelting and tin ...
Thursday, 15 November 2018
KUALA LUMPUR (Nov 15): The FBM KLCI edged lower thuis morning, dragged by losses including at index-linked banking stocks. At 9.05am, the FBM KLCI dipped 3.21 points to 1,685.20. The top losers included Daibochi Bhd, Public Bank Bhd, ...
Thursday, 15 November 2018
TOKYO (Nov 15): Asian stocks edged up on Thursday as a steep slide in crude oil prices which had chilled investor sentiment slowed, while the pound and euro were supported after British Prime Minister Theresa May gained cabinet support for a Brexit deal. ...
Thursday, 15 November 2018
KUALA LUMPUR (Nov 15): Kenanga IB Research has maintained its “Underperform” rating on Lafarge Malaysia Bhd with a lower target price of RM1.90 (from RM2.40) and said it expects the group’s 3Q18 results to track 2Q18 performance with a core loss of RM90.0 ...
Thursday, 15 November 2018
KUALA LUMPUR (Nov 15): PublicInvest Research said AirAsia X Bhd (AAX) is showing signs of recovery from its consolidation phase. In a trading ideas note today, the research house said AAX’s improving RSI and MACD indicators currently signal reasonable ...
Thursday, 15 November 2018
KUALA LUMPUR (Nov 15): Affin Hwang Capital Research has downgraded Kuala Lumpur Kepong Bhd (KLK) to “Sell” at RM24.92 with a lower target price of RM21.70 (from RM23.20) and said KLK’s FY18 core net profit of RM782.9 million accounted for 98% and 81% of ...
Thursday, 15 November 2018
TOKYO (Nov 15): U.S. oil prices fell on Thursday, resuming declines after an industry group said U.S. inventories had risen more than expected and shrugging off a report that OPEC and other producers plan to cut output. U.S. crude futures were down 33 ...
Thursday, 15 November 2018
KUALA LUMPUR: Industrial packaging materials manufacturer Scientex Bhd plans to acquire a major stake in Daibochi Bhd, which will create a regional giant that can offer an integrated range of flexible packaging solutions. Scientex yesterday announced that ...
Thursday, 15 November 2018
(Nov 15): Chinese officials have outlined a series of potential concessions to the Trump administration for the first time since the summer as they continue to try to resolve a trade war between the world’s two largest economies, according to three people ...
Thursday, 15 November 2018
LONDON (Nov 15): No one threatened to resign at a meeting of Prime Minister Theresa May's cabinet of top ministers during discussions over whether to back a draft deal on Britain's divorce terms with the European Union, a senior government official said ...
Thursday, 15 November 2018
(Nov 15): The Trump Administration is in court defending its decision to revoke CNN Chief White House correspondent Jim Acosta’s press pass, arguing reporters don’t have a Constitutional right to access the White House. CNN sued after the White House ...
Thursday, 15 November 2018
KUALA LUMPUR (Nov 15): Global airline share prices fell by 10.1% in October – the biggest monthly decline since June 2016, according to the International Air Transport Association (IATA). In its September – October 2018 Airlines Financial Monitor released ...

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