December 15, 2017

Ringgit extends against USD in early trade

KUALA LUMPUR, Dec 15: The ringgit extended yesterday’s gains to open higher against the US dollar today boosted by strong sentiment towards the local currency, dealers […]
December 15, 2017

Singapore Airlines, SilkAir to introduce new fare types

SINGAPORE, Dec 15: New fare types affecting advance seat selection, frequent flyer miles and baggage allowance will be introduced next year by Singapore Airlines and SilkAir, […]
December 15, 2017

Disney to buy 21st Century Fox assets for US$52.4b in historic Hollywood merger

NEW YORK, Dec 15: Walt Disney Co. agreed on Thursday (Dec 14) to buy key film and television assets of 21st Century Fox, in a US$52.4 billion […]
December 15, 2017

Austrian airline’s grounding strands thousands

VIENNA, Dec 15: Austria on Thursday (Dec 14 began organising the repatriation of thousands of passengers stranded by the grounding of the airline Niki after Lufthansa dropped plans […]
December 14, 2017

Malaysia Airlines named leading ASEAN Airline in Indonesia

KUALA LUMPUR, Dec 14: Malaysia Airlines was named the leading ASEAN Airline in Indonesia at the recent 8th Indonesia Travel Tourism Awards (ITTA) 2017/18. Featuring an […]
December 14, 2017

Ringgit firmer against USD in early trade

KUALA LUMPUR, Dec 14: The ringgit was firmer against the US dollar in early trade today on the back of weak sentiment for the safe-haven currency […]
December 14, 2017

Asia stocks edge higher after Fed meeting; dollar, US yields sag

TOKYO, Dec 14: Asian stocks edged higher on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike but flagged caution about inflation, tempering expectations […]
December 14, 2017

Disney, Fox in focus on Wall Street as deal talk heats up

NEW YORK, Dec 14: Walt Disney Co. and 21st Century Fox shares were in the spotlight on Wednesday (Dec 13) amid reports the two media-entertainment powerhouses were […]
December 13, 2017

Malaysia’s long term potential growth to stay robust

KUALA LUMPUR, Dec 13: Malaysia will be able to maintain its strong growth trend with the economy’s long-term potential growth to stay robust at around five […]
December 13, 2017

Ringgit unchanged versus greenback

KUALA LUMPUR, Dec 13: The ringgit was unchanged against the US dollar in the absence of fresh direction and on subdued demand for the local note […]
December 13, 2017

Twitter makes ‘tweetstorms’ easier with ‘threads’

SAN FRANCISCO, Dec 13: Twitter said on Tuesday (Dec 12) said it would make it easier for users to build “tweetstorms” by linking together posts in […]
December 13, 2017

Ryanair pilots intensify pan-Europe strike action

LONDON, Dec 13: Ryanair pilots turned up the heat on the embattled airline on Tuesday (Dec 12), with German pilots saying they were planning walkouts, while […]
December 13, 2017

Philippines’s Duterte offers third telecom slot to China

MANILA, Dec 13: Philippine President Rodrigo Duterte has offered China Telecom a slot to be the country’s third telecom provider to break up the dominance of […]
December 12, 2017

Limited-edition Beetles sold out online in 20 minutes

KUALA LUMPUR, Dec 12: Volkswagen Passenger Cars Malaysia (VPCM) made industry history today when all 12 units of the limited-edition Beetle, for sale on Lazada Malaysia, […]
December 12, 2017

OldTown shares soar over 7 pct on takeover bid

KUALA LUMPUR, Dec 12: OldTown Bhd, Malaysia’s largest white coffee cafe chain, surged over seven per cent today on news that Dutch company, Jacobs Douwe Egberts […]
December 12, 2017

Ringgit to break psychological level of 4.0

KUALA LUMPUR, Dec 12: There is room for the ringgit to improve further from the current level, given the country’s strong underlying fundamentals including stable global […]
December 12, 2017

Malaysia’s IPI up 3.4 pct in October

KUALA LUMPUR, Dec 12: Malaysia’s Industrial Production Index (IPI) rose by 3.4 per cent year-on-year to 136.7 in October 2017, driven by positive growth in the output […]
December 12, 2017

Ringgit opens marginally higher against USD

KUALA LUMPUR, Dec 12: The ringgit extended yesterday gains to open marginally higher against the US dollar today on persistent buying interest for the local unit […]