August 17, 2017

Geely’s revenue surges 118 pct in 1H17

KUALA LUMPUR, Aug 17: China’s Geely Automobile Holdings posted stellar financial results for the first half of this year (1H17) with revenue surging 118 per cent […]
August 17, 2017

Troubled Cathay loses US$262 million in first half 2017 

HONGKONG, Aug 17: Hong Kong flag carrier Cathay Pacific on Wednesday (Aug 16) reported a massive net loss of HK$2.05 billion (US$262.07 million) for the first […]
August 17, 2017

Singapore exports up 8.5% in July in third straight month of growth

SINGAPORE, Aug 17: Non-oil domestic exports (NODX) in Singapore rose by 8.5 per cent year-on-year in July, the third consecutive month of growth, according to statistics […]
August 17, 2017

European stocks rise ahead of Fed Reserve minutes

LONDON, Aug 17: European and US stock markets rose on Wednesday (Aug 16) as investors looked ahead to the release of Federal Reserve minutes for clues […]
August 17, 2017

US Fed Reserve can ‘be patient’ in raising rates: Minutes

WASHINGTON, Aug 17: US central bankers remain divided over inflation risks, and some argue they can afford to “be patient” before raising rates again, according to […]
August 15, 2017

Asian shares, dollar rally as North Korea blinks

TOKYO, Aug 15: Asian shares rallied and the dollar firmed on Tuesday after North Korea’s leader signaled that he would delay plans to fire a missile […]
August 14, 2017

Ringgit rebounds to open higher against US dollar

KUALA LUMPUR, Aug 14: The ringgit rebounded from Friday’s losses to kick off the week higher against the US dollar today, benefiting from lower-than-expected US’ inflation […]
August 12, 2017

Modest rise in US consumer prices may delay Fed rate hike

WASHINGTON, Aug 12: U.S. consumer prices rose slightly in July as higher food costs were partly offset by falling prices for a range of other goods, […]
August 12, 2017

US stocks rise after three-day slide; tech shares gain

NEW YORK, Aug 12:Wall Street stocks rose on Friday (Aug 11), ending a three-day slide on worries about North Korea as investors stepped in to take […]
August 12, 2017

Coca-Cola offers US$1m prize for new, natural sweetener

SINGAPORE, Aug 12: Coca-Cola has issued an open challenge to develop “a natural, safe, reduced, low- or no-calorie compound” as it looks for a new way […]
August 11, 2017

Ringgit opens marginally lower vs US dollar

KUALA LUMPUR, Aug 11: The ringgit opened slightly lower against the US dollar today on subdued demand ahead of the release of US inflation data slated […]
August 11, 2017

Kendal Industrial Park total investment value reaches US$360m: DPM Teo

  JAKARTA, Aug 11: The Kendal Industrial Park’s total investment value has reached US$360 million so far, Deputy Prime Minister Teo Chee Hean said on Thursday […]
August 10, 2017

Ringgit opens unchanged vs US dollar in early session

KUALA LUMPUR, Aug 10: The ringgit opened flat against the US dollar, in early trading today, as investors stayed on the sidelines. At 9.10 am, the […]
August 10, 2017

Oil prices edge higher after US stockpile fall

TOKYO, Aug 10: Oil futures rose in early Asian trading on Thursday, adding to gains from the previous session after official figures showed U.S. crude inventories […]
August 9, 2017

AirAsia launches inaugural Kuching-Langkawi flight

KUALA LUMPUR, Aug 9:  Malaysian low-cost airline AirAsia today launched its inaugural flight from Kuching to Langkawi. It will fly the new route four times a week on […]
August 9, 2017

Women account for 17.9 pct on boards of PLCs

KUALA LUMPUR, Aug 9: Women account for 17.9 per cent on the boards of directors in the top 100 public- listed companies (PLC) on Bursa Malaysia as of June 30 this […]
August 9, 2017

EPF has no plan to sell stake in PLUS Malaysia

KAJANG, Aug 9: The Employees Provident Fund (EPF), has no plan to dispose of its 49 per cent stake in highway operator, PLUS Malaysia Bhd, as the investment in […]
August 8, 2017

Ringgit opens marginally lower against US dollar

KUALA LUMPUR, Aug 8: The ringgit opened marginally lower against the US dollar today on subdued demand on the back of strong US jobs data and […]