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Bursa Malaysia opens higher

Bursa Malaysia opens higher

Public Investment Bank Bhd said the higher index was tracking the firmer close of Wall Street overnight, boosted by technology stocks. Investors monitor share market prices in Kuala Lumpur. (Reuters pic) KUALA LUMPUR: Bursa Malaysia rebounded to open higher today, supported by buying activities in selected heavyweights led by finance-related counters, dealers said. At 9.06 […]

August 3, 2018 | By | Reply More
Foodora exits Australia

Foodora exits Australia

Foodora has faced criticism from unions about its operations in recent months, and is facing a Federal Court action by the government’s Fair Work Ombudsman (FWO). Foodora says it will continue normal service in Australia for one week and wind up its operations by 20 August. (AFP pic) SYDNEY: Food delivery service Foodora is pulling […]

August 3, 2018 | By | Reply More
Fate of Sedic may be known in a week's time

Fate of Sedic may be known in a week's time

PETALING JAYA: The fate of the Socio-Economic Development of the Indian Community Unit (Sedic), which is being restructured along with 53 other agencies under the Prime Minister’s Department, is expected to be known as early as a week’s time, when a brief is presented to the Cabinet, according to a source. Sedic is one of […]

August 3, 2018 | By | Reply More
Aug 3: Ringgit opens lower against US dollar

Aug 3: Ringgit opens lower against US dollar

<p>KUALA LUMPUR: The ringgit continued its downtrend to open lower against the US dollar today, in line with emerging Asian currencies.</p> © New Straits Times Press (M) Bhd

August 3, 2018 | By | Reply More
Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

Amidst worries over escalating trade tensions between the United States and China, the ringgit opened lower against the US dollar. A Malaysia Ringgit note is seen in this illustration photo. (Reuters pic) KUALA LUMPUR: The ringgit continued its downtrend to open lower against the US dollar today in line with emerging Asian currencies, on the […]

August 3, 2018 | By | Reply More
Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

KUALA LUMPUR: The ringgit continued its downtrend to open lower against the US dollar today in line with emerging Asian currencies, on the back of worries over escalating trade tensions between the United States and China. At 9am, the ringgit was quoted at 4.0780/0830 against the greenback versus 4.0740/0780 yesterday. Oanda Corp Head of Trading […]

August 3, 2018 | By | Reply More
Aug 3: Bursa Malaysia opens higher

Aug 3: Bursa Malaysia opens higher

<p>KUALA LUMPUR: Bursa Malaysia rebounded to open higher today, supported by buying activities in selected heavyweights led by finance-related counters.</p> © New Straits Times Press (M) Bhd

August 3, 2018 | By | Reply More
Heineken seals $3.1 billion tie-up with China Resources Beer, shares surge

Heineken seals $3.1 billion tie-up with China Resources Beer, shares surge

The deal comes as global beer giants Heineken, AB InBev and Carlsberg face fierce competition in emerging markets, touted as the growth engine for the world’s biggest brewers. UPDATED Heineken beers on a production line at the Heineken brewery in Jacarei, Brazil, June 2018. (Reuters pic) HONG KONG: Heineken NV has struck a $3.1 billion partnership […]

August 3, 2018 | By | Reply More
Apple reaches new landmark with US$1 trillion valuation

Apple reaches new landmark with US$1 trillion valuation

Apple is the first private sector company to surpass US$1 trillion in market value.   An electronic screen displays the Apple Inc. logo on the exterior of the Nasdaq Market Site following the close of the day’s trading session in New York City, August 2, 2018. (Reuters pic) NEW YORK: Apple — the culture-changing company […]

August 3, 2018 | By | Reply More
Apple hits US$1 trillion mark, turns Nasdaq positive

Apple hits US$1 trillion mark, turns Nasdaq positive

<p>NEW YORK: Apple became the first U.S. company to top US$1 trillion in market value on Thursday, leading a rebound in technology stocks that helped Wall Street pare losses and turned the Nasdaq positive.</p> © New Straits Times Press (M) Bhd

August 2, 2018 | By | Reply More