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KLCI closes higher, boost from Maybank, Sime and PetChem

Thu, 29 Sep 2016 18:07:03 +08:00

KUALA LUMPUR: All key Asian markets closed higher on Thursday while the FBM KLCI managed to hang on to most of its gains as investor sentiment was underpinned by the firm crude oil prices and also a stronger ringgit.


Media Files:
http://www.thestar.com.my/~/media/online/2016/05/26/01/37/market-bull-march16.ashx?crop=1&w=0&h=0&




Top foreign and local stories at 4pm

Thu, 29 Sep 2016 16:03:31 +08:00

Top foreign and local stories at 4pm


Media Files:
http://www.thestar.com.my/~/media/online/2016/02/20/22/51/epf-dividend.ashx?crop=1&w=0&h=0&




Senior German lawmaker says no more aid for ailing banks

Thu, 29 Sep 2016 15:40:56 +08:00

BERLIN: Germany will not grant any more state aid for ailing banks, a senior lawmaker in Chancellor Angela Merkel's conservative bloc said on Thursday, a day after the government denied it was working on a rescue plan for Deutsche Bank, its biggest lender.


Media Files:
http://www.thestar.com.my/~/media/online/2015/06/03/08/40/deutsche-bank-londonreu.ashx?crop=1&w=0&h=0&




Elon Musk an innovator wary of humanity’s future

Thu, 29 Sep 2016 15:33:14 +08:00

San Francisco: If the future is an array of possibilities ranging from catastrophic to divine, Elon Musk is working to increase the probability of good things happening.


Media Files:
http://www.thestar.com.my/~/media/online/2016/06/09/02/10/musk.ashx?crop=1&w=0&h=0&




Hartalega sees nearly 55m shares done off market

Thu, 29 Sep 2016 15:29:10 +08:00

KUALA LUMPUR: Glove maker Hartalega Holdings Bhd saw 54.86 million shares traded in an off-market deal on Thursday at an average price of RM4.60 per share.


Media Files:
http://www.thestar.com.my/~/media/online/2014/01/02/01/50/hartalega-selangor-expansion.ashx?crop=1&w=0&h=0&




Japan’s new passenger plane completes US flight

Thu, 29 Sep 2016 15:22:53 +08:00

Tokyo: Japan’s problem-plagued new passenger jet on Thursday completed a flight to the United States for testing, its maker said, after aborting two earlier attempts.



China property tycoon warns on real estate bubble

Thu, 29 Sep 2016 14:58:15 +08:00

Beijing: China’s richest man, real estate magnate Wang Jianlin, has warned the country’s property market is the “biggest bubble in history” - the latest alarm bell to be sounded on the world’s second largest economy.Wang Jianlin says property prices continue to rise in China’s big cities but fall in smaller ones saddled with huge inventories of unsold new homes.


Media Files:
http://www.thestar.com.my/~/media/online/2016/01/18/09/57/wanda-reuters.ashx?crop=1&w=0&h=0&




EPF plans to invest more in private equity, property

Thu, 29 Sep 2016 14:41:49 +08:00

HONG KONG: The Employees Provident Fund is looking to diversify its investment portfolios in a bid to boost returns, according to Chief Executive Officer Datuk Shahril Ridza Ridzuan.Chief Executive Officer Datuk Shahril Ridza Ridzuan.says EPF plans to invest more in private equity, property and infrastructure,


Media Files:
http://www.thestar.com.my/~/media/online/2016/01/14/05/31/shahril-ridza-epf.ashx?crop=1&w=0&h=0&




Japan's Tokuyama sells Malaysian unit to South Korean firm

Thu, 29 Sep 2016 14:28:13 +08:00

TOKYO: Japanese chemical maker Tokuyama will sell a Malaysian subsidiary to South Korea's OCI as part of its business rehabilitation efforts.


Media Files:
http://www.thestar.com.my/~/media/online/2016/09/29/06/29/tokuyama.ashx?crop=1&w=0&h=0&




Petronas inks warehouse contract with Sinopec

Thu, 29 Sep 2016 14:26:16 +08:00

KUALA LUMPUR: Petronas recently sealed an agreement for the engineering, procurement, construction and commissioning of an automated storage and retrieval system warehouse for its petrochemical plants in the Pengerang Integrated Complex.


Media Files:
http://www.thestar.com.my/~/media/online/2014/09/19/00/50/petronastwintowerscanadalat.ashx?crop=1&w=0&h=0&