Business

KL shares higher in early session

Shares in Bursa Malaysia opened lower today but picked up momentum thereafter lifted by gains in selected heavyweights such as United Plantations and PPB Group. At 9.18am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.47 points better at 1,857.16 after opening 1.08 points lower at 1,851.61. Leading the top gainers... Read More

Workers of PT Pertamina Geothermal Energi rotate a valve during a production test at Karaha geothermal well in Tasikmalaya, Indonesia West Java province, April 19, 2014. Karaha Geothermal Power Plant is scheduled to supply power to PLN (State Electricity Company) at the end of 2016, Wawan Darmawan spoke person of PT PGE said on Saturday. – Reuters pic, April 21, 2014.

Workers of PT Pertamina Geothermal Energi rotate a valve during a production test at Karaha geothermal well in Tasikmalaya, Indonesia West Java province, April 19, 2014. Karaha Geothermal Power Plant is scheduled to supply power to PLN (State Electricity Company) at the end of 2016, Wawan Darmawan spoke person of PT PGE said on Saturday. – Reuters pic, April 21, 2014.

Recent Articles

Ringgit opens lower against US dollar on lack of demand

The ringgit opened lower against the US dollar today on inadequate buying support, dealers said. At 9am, the... Read More

Asian stocks subdued in holiday thin trade, mounting Ukraine tensions

Asian stock markets started the week on a subdued note today, as tensions in Ukraine kept investors cautious amid... Read More

China allows gold imports via Beijing amid reserves buying talk, say sources

China has begun allowing gold imports through its capital Beijing, sources familiar with the matter said, in a move... Read More

A tough sell – insurance against a Chinese financial crisis

Selling insurance against a financial crisis should not be difficult, five years after the last one nearly wrecked... Read More

GM to invest RM38 billion in China and plans more plants

US car giant General Motors Corp (GM) plans to invest US$12 billion (RM38 billion) in China from 2014 to 2017 and... Read More

Local defence companies looking to seize overseas deals

Malaysia's leading armoured vehicle maker DRB-Hicom Defence Technologies Sdn Bhd (DefTech) is now setting its... Read More

Is there a need to privatise PLUS?

Many politicians and analysts agree that the recent calls for the nationalisation of Malaysia's longest highway... Read More

Daimler to sell DENZA electric car in China with local subsidy

Daimler said its DENZA electric car will be eligible for local subsidies in China when it goes on sale there in... Read More

Europe’s mergers and acquisitions market heats up

Europe's mergers and acquisitions market is rebounding after years in the doldrums, as improving market... Read More

China set to replace US as Volvo’s biggest market this year

China is set to surpass the United States to become Volvo Car Group's biggest market in 2014 with sales of at... Read More

Biz Updates from PR Newswire

More