Business
Short term rates close stable on Bank Negara intervention
KUALA LUMPUR, May 21 — Short-term rates closed stable today as Bank Negara Malaysia intervened in the money market to absorb excess liquidity from the financial system.
The liquidity surplus in the conventional operations fell to RM12.212 billion from the RM22.389 billion estimated earlier, while in the Islamic system, it increased to RM7.03 ... Read More
Yahoo chief executive Marissa Mayer speaks at a news conference in New York May 21, 2013. — Reuters pic Read More
Recent Articles
Oil falls on concern about Federal Reserve direction
LONDON, May 21 — Brent oil futures fell towards US$104 (RM312) per barrel today on concerns that the US Federal Reserve might scale back its quantitative easing programme, which could damage fragile ... Read More
Hong Kong shares nudged off 3-1/2-month high, China ekes out 5th straight gain
HONG KONG, May 21 — Hong Kong shares fell from a 3-1/2-month high today, hurt by a series of fund raising moves and Goldman Sachs’ exit from Industrial and Commercial Bank of China, while China markets ... Read More
San Miguel keen to keep bank unit if CIMB walks away from deal
MANILA, May 21 — Philippine conglomerate San Miguel Corp is willing to keep its banking arm if Malaysia’s second-largest lender, CIMB Group Holdings Bhd , walks away from a deal worth nearly US$300 ... Read More
MediaCorp appoints Lai as MD
SINGAPORE, May 21 — MediaCorp has appointed Tony Lai as its Managing Director, Experiences and Outreach, effective June 3.In a statement, MediaCorp said Lai started his career with the Singapore Tourism ... Read More
Share prices extend gains at mid-afternoon
KUALA LUMPUR, May 21 —Share prices on Bursa Malaysia extended their gains at mid-afternoon, with the FTSE Bursa Malaysia KLCI (FBM KLCI) advancing 8.19 points to 1,785.34 at 2.40 pm, close to the all-time ... Read More
Malaysia’s investments grew 44pc in 2013 Q1, says MIDA
KUALA LUMPUR, May 21 — Malaysia attracted a 44 per cent increase in investments in the first quarter of 2013 compared to the same period in 2012, driven by domestic investments.According to a report ... Read More
Yahoo’s acquisitions: from Geocities to Tumblr
NEW YORK, May 21 — Yahoo Inc announced yesterday it would shell out US$1.1 billion (RM3.3 billion) to buy blogging service Tumblr in a bid to revitalise its brand and attract a younger generation of ... Read More
Analysts maintain outperform call on Pos Malaysia
KUALA LUMPUR, May 21 — Kenanga Research is maintaining its ‘outperform’ call on Pos Malaysia Bhd (POSM) and has increased its target price to RM4.90 from RM4.20 previously.“Management is banking on higher ... Read More
TSH Resources to increase oil palm hectarage by year-end
KUALA LUMPUR, May 21 — TSH Resources Bhd aims to increase total oil palm hectarage to 50,000 hectares by year-end from its present hectarage of 46,500, says Chairman, Datuk Dr Kelvin Tan.He said TSH ... Read More
SingTel dips on broker downgrade
SINGAPORE, May 21 — Singapore shares edged down, with Singapore Telecommunications Ltd declining 2 per cent after OCBC cut its rating on the sector.“In the search for yield, telco stocks have done very ... Read More
More Articles
- Share prices stay positive at midday
- Significant future earnings growth expected for Asia Brands
- Affin’s share slides on lower earnings result
- Goldman exits China’s ICBC, 7 years and billions later
- JPMorgan investors on edge over vote on Dimon
- Matrade mission to Texas OTC generates RM5.5b in projects
- Nikkei turns up, hits 5½-yr high as retail investors pick up bargains
- Japan panel warns of dangers if debt not addressed
- Short-term rates to remain stable
- Ringgit traded slightly higher against US dollar
- Share prices higher in early trade
- Dollar index off 3-year high, Asian shares ease
- RAM reaffirms AAA ratings of Premium Commerce Bhd
- TNB issues RM1.63b Islamic bonds to finance power plant
- Analyst calls for May 21
- Wall St ends flat on correction worries
- Goldman exits China’s ICBC, 7 years and billions later
- Pos Malaysia reports RM50m Q4 profit
- Ryanair’s extra charges help lift profit to all-time high
- MediaCorp invests in luxury online retailer Reebonz
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