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Tuesday, December 10, 2019

Local Business

Ringgit higher against US dollar in early trade

Demand for local note stems from higher global oil prices and weak US manufacturing data.

MMC Gamuda takes ‘best of the best’ award by British Safety...

The main contractor of the Sungai-Buloh-Serdang-Putrajaya MRT Line is awarded the council's Sword of Honour after five-star score in audit.

Petronas says third floating LNG vessel possible

The national oil company says it is exploring it in several overseas countries such as Mexico, Brazil and West Africa.

Malaysia’s reserves at US$103.22 bil at end-October

Bank Negara Malaysia says other foreign currency assets amount to US$160.3 million.

Ringgit opens slightly firmer against US dollar

Risk-on sentiment kicks in after American president raises hopes of trade deal conclusion.

Ringgit slightly lower against US dollar after signing of HK rights...

Investors are jittery seeing signing of bill by Donald Trump as a potential trade deal obstacle.  

Ringgit opens higher tracking firmer yuan on trade optimism

If US-China talks take positive turn, local note could trend below 4.17-level against dollar.

Petronas’ Q3 net profit falls to RM7.42 billion

This is nearly half of its net profit in the same period last year.

U Mobile targets US$500 mil in IPO

CEO Wong Heang Tuck says telco is targeting to go public next year.

Ringgit opens flat, pressured by persistent foreign selling on Bursa

US-China trade optimism fails to calm outflow as investors remain on edge.

Ringgit opens slightly lower against US dollar

Possibility of delay in US-China trade deal sees traders take a cautious approach.

Pengerang refinery lifts another 300,000 barrels of diesel

It is the 5th diesel lifting at the Kota Tinggi, Johor, complex since February.

Petronas says no to Aramco IPO

Company announces its decision in an emailed statement.

Ringgit opens marginally higher against US dollar

Optimistic sentiment on US-China trade negotiation makes local note more appealing to investors.

Alibaba says Malaysia among top 10 exporters to China on Singles’...

Local brands took No 8 spot, with gross merchandise value scoring 122% growth over previous year.

Ringgit extends downtrend against US dollar

Investors' cautious stance continues to have negative impact on local note.

Ringgit lower against US dollar at opening

Local note traded mostly lower against other major currencies.

Ringgit opens lower against US dollar

Investors are turning to the dollar as a safe bet following doubts on progress of US-China talks.

Reinventing palm oil with drones

Robotics, tech and smart tools help farmers harvest more without depending on manual labour.

Hong Kong protests hurting Shenzhen, Macau, says AirAsia

Tony Fernandes says travellers to the area usually want to visit all 3 cities.

Owner of KFC operator considers sale

A deal could value QSR Brands (M) Holdings at about RM6 billion, people with knowledge of the matter say.

Ringgit opens higher in early trade

Asian currencies to keep a close watch on yuan, which is heavily exposed to the dollar.

Malaysian stocks are getting cheaper but few are buying

Political risks, weak earnings outlook underwhelm investors more than a year after Pakatan Harapan coalition assumed power.

Teresa Kok welcomes France’s delay in removing palm oil tax breaks

Council says move is outcome of bilateral negotiations undertaken by govt.

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