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Yen steadies as traders gird for election, intervention fears lurk
SINGAPORE: The yen held onto overnight gains on Thursday but was pinned near 18-month lows as traders remained wary of intervention after strong warnings ahead of an election in Japan that could usher in more fiscal stimulus and keep the…
Japan’s Nikkei hits all-time high on Wall Street rally, snap election bets
TOKYO: Japan's Nikkei share average surged to a record high on Tuesday, as markets played catch-up with Wall Street's recent two-day rally following a public holiday in the Asian nation earlier this week.
Investors also bought equities on…
RM1,000 bait costs medical officer RM888,000 in investment scam
KUANTAN: A medical officer seeking extra income suffered a loss of RM888,000 after being lured by an initial RM1,000 profit from a share investment scam over just two months.
The 44-year-old victim from Kuantan not only depleted his…
Singapore’s Nasdaq link draws interest, but threshold and liquidity may limit take-up
SINGAPORE: A Singaporean initiative to boost the IPO market with a fast-track route to a Nasdaq dual listing has garnered a warm response from potential issuers, though bankers caution thin liquidity and a high valuation requirement could…
Plastic recycling firm fined RM100k for storing scheduled waste without approval
SHAH ALAM: A used plastic recycling company was fined RM100,000 by the Klang Sessions Court on Wednesday for storing scheduled waste without approval six years ago.
Golden Mile Plastic Resources Sdn Bhd, represented by its director,…
Bursa Malaysia updates on new Securities Commission fees
KUALA LUMPUR: Bursa Malaysia Bhd today announced updates on the new fees imposed by the Securities Commission Malaysia (SC).
In a filing to the exchange, the company said the updates follow the coming into force of the Capital Markets and…
Ringgit softens vs US$, but rises against basket of currencies
KUALA LUMPUR: The ringgit inched higher at the opening today amid ongoing geopolitical worries and despite a firmer greenback after the US Federal Reserve (Fed) decided to keep interest rates unchanged, an analyst said.
At 8 am, the…
FBM KLCI opens sideways after US rate hold
KUALA LUMPUR: There was little to move the Malaysian market barometer on Thursday after the US Federal Reserve announced its widely expected decision to keep the interest rate unchanged, followed by a flat performance on Wall Street.
The…
Optimumkan kebun, ladang bantu Malaysia jadi pengeluar, pengeksport getah nombor satu dunia –…
KUALA LUMPUR: Malaysia berpotensi kembali menjadi pengeluar dan pengeksport getah nombor satu dunia menerusi strategi baharu yang memberi fokus kepada pengoptimuman kebun dan ladang getah sedia ada, termasuk kawasan terbiar yang…
Singda Superalloy labur RM900 juta bina kilang logam di Johor
Johor semakin rancak dalam usaha menarik minat pelabur asing apabila Jiangsu Longda Superalloy dari China, melalui anak syarikatnya, Singda Superalloy (Malaysia) Sdn Bhd, memuktamadkan komitmen pelaburan berskala besar bernilai RM900 juta.…