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China’s ZTE slams US ban on sales, says company’s survival at risk

China’s ZTE slams US ban on sales, says company’s survival at risk

China’s ZTE Corp said on Friday that a U.S. ban on the sale of parts and software to the company was unfair and threatens its survival, and vowed to safeguard its interests through all legal means. A ZTE smart phone is pictured in this illustration.(Reuters pic) HONG KONG: China’s ZTE Corp said on Friday that […]

April 20, 2018 | By | Reply More
BMW Group Malaysia unveils the all-new BMW X3, locally assembled

BMW Group Malaysia unveils the all-new BMW X3, locally assembled

KUALA LUMPUR: BMW Group Malaysia is committed to further grow its BMW X presence locally with the introduction of the all-new BMW X3. BMW’s existing X variants comprising the BMW X1, X2, X4, X5 Hybrid and X6. Its managing director and chief executive officer Harald Hoelzl said the all-new BMW X3 would be locally assembled […]

April 20, 2018 | By | Reply More
Maxis shares down despite better earnings in Q1

Maxis shares down despite better earnings in Q1

PETALING JAYA: Maxis Bhd’s share price was lower this morning despite announcing improved earnings in its first quarter ended March 31, 2018. At 11.37am, its share price was 0.51% or 3 sen lower at RM5.85 with 148600 shares traded. Maxis reported a 4.18% rise in net profit to RM523 million during the quarter from RM502 […]

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Destini's share price rise 3.37% after clinching Defence Ministry deal

Destini's share price rise 3.37% after clinching Defence Ministry deal

PETALING JAYA: Destini Bhd’s share price rose 3.37% this morning after it was awarded a RM138 million contract by the Defence Ministry. At 11.36am, its share price was 3.37% or 1.5 sen higher at 46 sen with 3 million shares traded. The stock closed unchanged yesterday at 44.5 sen with a total of 1.3 million […]

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IHH Healthcare shares fall after expressing readiness to infuse RM2.4b into Fortis

IHH Healthcare shares fall after expressing readiness to infuse RM2.4b into Fortis

PETALING JAYA: IHH Healthcare Bhd, which made an offer to invest up to 40 billion rupees (RM2.36 billion) into India’s Fortis Healthcare Ltd, saw its share price fall 1 sen this morning. At 11.36am, its share price was 0.16% or 1 sen lower at RM6.09 with 462,200 shares traded. The stock closed 2 sen higher […]

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Foreign inflows into Bursa Malaysia hit the highest in a year on Thursday.

Foreign inflows into Bursa Malaysia hit the highest in a year on Thursday.

KUALA LUMPUR: Foreign inflows into Malaysian’s equity market hit one-year high on Thursday, with a net inflow of RM429.80 million. The net inflow is 389.35 per cent higher than RM87.83 million net inflow on Wednesday. For the week-to-date, Bursa Malaysia registered a total net inflow of RM560.96 million. Although there is still one more day […]

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April 20: Ringgit opens marginally lower against US dollar

April 20: Ringgit opens marginally lower against US dollar

KUALA LUMPUR: The ringgit opened easier against the US dollar today on lack of market demand. At 9.01am, the local unit was quoted at 3.8900/8950 from 3.8890/8920 recorded at Thursday’s close. However, the ringgit traded higher against a basket of other major currencies. It rose against the Singapore dollar to 2.9627/9683 from 2.9694/9728, and appreciated […]

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Ringgit opens easier against US dollar

Ringgit opens easier against US dollar

KUALA LUMPUR: The ringgit opened easier against the US dollar today on a lack of market demand, a dealer said. At 9.01am, the local unit was quoted at 3.8900/8950 from 3.8890/8920 recorded at Thursday’s close. The dealer said Asian currencies continued to trade on mixed themes, but the ringgit remained exceptionally muted due to the […]

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Bursa Malaysia opens lower in early trade

Bursa Malaysia opens lower in early trade

KUALA LUMPUR: Bursa Malaysia opened lower this morning, dampened by profit-taking after the key FTSE Bursa Malaysia KLCI (FBM KLCI) closed at an all-time high of 1,895.18 yesterday. The previous high of the index was 1,892.65, which it attained on July 8, 2014. At 9.05am today, the FBM KLCI eased 4.61 points to 1,890.57. It […]

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Apr 20: Bursa Malaysia opens lower in early trade

Apr 20: Bursa Malaysia opens lower in early trade

KUALA LUMPUR: Bursa Malaysia opened lower this morning, dampened by profit taking after the key FTSE Bursa Malaysia KLCI (FBM KLCI) closed at an all-time high of 1,895.18 yesterday. The previous high of the index was 1,892.65, which it attained on July 8, 2014. At 9.05 am today, the FBM KLCI eased 4.61 points to […]

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