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Ideal United Bintang shares rise on news of corporate exercises

Ideal United Bintang shares rise on news of corporate exercises

PETALING JAYA: Ideal United Bintang International Bhd’s (IUB) share price rose as much as 8 sen this morning after it announced a slew of corporate exercises involving property acquisition and a private placement. The stock rose as much as 8 sen or 6.56% to trade at a high of RM1.30 from its last adjusted closing […]

October 16, 2018 | By | Reply More
Oil prices rise on signs Iranian oil exports are falling further in Oct

Oil prices rise on signs Iranian oil exports are falling further in Oct

A worker passes stores of seamless steel pipes for use in oil and gas pipelines in a storage area at the Volzhsky Pipe Plant OJSC, operated by TMK PJSC, in Volzhsky, Russia. (Bloomberg pic) SEOUL: Oil prices rose on Tuesday on signs Iranian oil exports this month have fallen from September ahead of US sanctions […]

October 16, 2018 | By | Reply More
‘Calm before storm’ as Asian stocks drift higher

‘Calm before storm’ as Asian stocks drift higher

A man walks past electronic boards showing Japan’s Nikkei average, the Dow Jones Industrial Average and foreign exchange rates outside a brokerage at a business district in Tokyo, Japan August 9, 2017. (AFP pic) TOKYO: Asian shares drifted marginally higher on Tuesday following another volatile session on Wall Street but a perfect storm of risks […]

October 16, 2018 | By | Reply More
Hang Seng gains in early trade

Hang Seng gains in early trade

Pedestrians walk past a stocks display in Hong Kong. (AFP pic) HONG KONG: Hong Kong stocks gained ground in early trade on Tuesday, recovering some losses from recent choppy sessions caused by concerns about the global economic growth outlook. The Hang Seng Index rose 0.49%, or 123.78 points, to 25,568.84 in the opening minutes. The […]

October 16, 2018 | By | Reply More
Sunway all for SDG

Sunway all for SDG

A total of 8,165 Malaysians came together at Sunway City to join hands in support of the United Nations Sustainable Development Goals (UN SDGs) and mark its third anniversary. Why 8,165? Because the number represents the distance, in nautical miles, from Sunway University to the United Nations headquarters in New York. The momentous event organised […]

October 16, 2018 | By | Reply More
China to show off its zeal to import but business awaits policies

China to show off its zeal to import but business awaits policies

China shipping trade port. (Bloomberg pic) SHANGHAI: China will soon host a huge trade fair to highlight its commitment to free trade and show off its willingness to import, but sceptical foreign businesses and diplomats say they want to see concrete policy changes to improve market access. The China International Import Expo, announced by President […]

October 16, 2018 | By | Reply More
Ringgit opens higher on better demand

Ringgit opens higher on better demand

Ringgit banknotes in Kuala Lumpur. (AFP pic) KUALA LUMPUR: The ringgit strengthened against the greenback in early trade today on better demand, amidst unfavourable economic data from the United States. At 9.02am, the local unit stood at 4.1510/1540 against the US dollar from the 4.1540/1580 recorded yesterday. A dealer said demand for the ringgit was […]

October 16, 2018 | By | Reply More
Bursa opens lower on continued selling momentum

Bursa opens lower on continued selling momentum

KUALA LUMPUR: Bursa Malaysia opened lower today on continued selling momentum, while tracking the weaker performance of Wall Street. At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.48 of a point lower at 1,728.26 from 1,728.74 on Monday and after opening 0.57 point weaker at 1,728.17. A dealer said a late burst […]

October 16, 2018 | By | Reply More
Ringgit higher against US dollar in early trade

Ringgit higher against US dollar in early trade

KUALA LUMPUR: The ringgit strengthened against the greenback in early trade today on better demand, amidst unfavourable economic data from the United States. At 9.02 am, the local unit stood at 4.1510/1540 against the US dollar from the 4.1540/1580 recorded yesterday. A dealer said demand for the ringgit was boosted as the US dollar fell, […]

October 16, 2018 | By | Reply More
KL shares open lower on continued selling momentum

KL shares open lower on continued selling momentum

KUALA LUMPUR: Bursa Malaysia opened lower today on continued selling momentum, while tracking the weaker performance of Wall Street. At 9.15 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.48 of a point lower at 1,728.26 from 1,728.74 on Monday and after opening 0.57 point weaker at 1,728.17. A dealer said a late […]

October 16, 2018 | By | Reply More