Business

[ad_1] KUALA LUMPUR: Blue chips in Bursa Malaysia managed to regain some gains at noon on Tuesday after the previous day’s sale, following key Asian markets, as investors looked towards the Negara Bank’s decision on interest rates later in the day. At 12:30 p.m., the FBM KLCI rose 10.17 points …

[ad_1] © Reuters. FILE PHOTO: People are seen on a pedestrian bridge with an electronic plaque showing the Shanghai and Shenzhen stock indices in Shanghai By Alun John and David Henry HONG KONG / NEW YORK (Reuters) – Asian stocks rose on Tuesday, following a rebound in Wall Street as …

[ad_1] PETALING JAYA: Permodalan Nasional Bhd (PNB) expects lower revenues for this year as companies and households are affected by the economic consequences of the coronavirus pandemic (Covid-19). PNB group president and CEO Jalil Rasheed said that despite the challenging environment, PNB aims to distribute “competitive” annual returns to its …

[ad_1] PUTRAJAYA: The federal administrative capital remains an image of calm as ministries and agencies do not see their staff return to the office in full force to maintain the practice of social distancing. The streets and buildings are still quiet, although the conditional movement control order (MCO) allowed offices …

[ad_1] NEW YORK (Reuters) – The dollar rose on risk aversion and global stock markets fell on Monday as disputes between the United States and China over the origin of the coronavirus outbreak aroused fear of a new trade war, but Wall Street fell recovered when the lifting of blockades …

[ad_1] KUALA LUMPUR (May 4): Hibiscus Petroleum Bhd said today that it activated asset action plans and established a framework for cooperation with commodity trading company Trafigura Pte Ltd to ensure Hibiscus business continuity as the company mitigates the impact of the Covid pandemic in the oil and gas sector. …

[ad_1] Sometimes things seem too good to be true. Police, through their Cyber ​​Crime Alert Royal Malaysia Police Facebook page, have said the Mini EV X2 that recently went viral on social media could turn into a scam. At first glance, the city car looks promising, both in terms of …

[ad_1] KUALA LUMPUR (May 4): Over the weekend, heated debates erupted over whether banks should charge additional interest on deferred payments for fixed-rate financing loans, including rental purchase, during the automatic moratorium period on six months. On Saturday (May 2), Finance Minister Tengku Datuk Seri Zafrul Aziz suggested that financial …

[ad_1] The Dow Jones Industrial Average (DJIA) fell more than 300 points on Monday. President Trump launched an attack on China in a scorching city hall accusing the nation of covering up the severity of the coronavirus. The Chinese press responded, hitting America’s “moral deficit” and further increasing tensions. Trump …

[ad_1] PETALING JAYA: LYC Healthcare Bhd (LYC) has acquired a majority stake in a medical center in Singapore. The company, in a filing with Bursa Malaysia today, said the wholly owned subsidiary LYC Medicare Sdn Bhd agreed to pay RM22.27mil for a 51% stake in T&T Medical Group Pte Ltd. …