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KUALA LUMPUR: Malaysia is expected to fork out higher total subsidies in 2022 to the tune of RM71 billion, while petrol subsidies alone will touch RM30 billion amid the rise …
Read MoreKUALA LUMPUR: UMediC Group Bhd has received approvals from Bursa Malaysia Securities Bhd and Securities Commission (SC) Malaysia for its listing on the ACE Market of Bursa Malaysia. In a …
Read MoreKUALA LUMPUR: Petronas Dagangan Bhd’s (PetDag) net profit tumbled 38% to RM118.5mil in the first quarter ended March 31 against RM191.11mil a year earlier on higher operating expenditure. Its revenue …
Read MoreKUALA LUMPUR: Malaysia Building Society Bhd’s (MBSB) net profit in the first quarter ended March 31, fell 8.2% to RM58.2mil from RM63.41mil in the same quarter last year. MBSB, in …
Read MoreKUALA LUMPUR: Serba Dinamik Holdings Bhd said it received the Writ of Summons from Malaysian Trustees Bhd on May 18, 2022. “The board of directors of Serba Dinamik wishes to …
Read MoreBENGALURU: Asia’s emerging market stocks advanced after initial hiccups on Thursday, as minutes from the U.S. Federal Reserve signalled the potential for a pause in rate hikes later this year, …
Read MoreSYDNEY: Australian business investment fell unexpectedly in the first quarter as floods and bottlenecks hit building work, though firms sharply lifted plans for spending in the year ahead in a …
Read MoreKUALA LUMPUR: The ringgit opened marginally higher against the US dollar today in the absence of hawkish surprises from the United States (US) Federal Open Market Committee (FOMC) meeting minutes. …
Read MoreNEW YORK: U.S. stocks and bonds are moving in opposite directions, a phenomenon that could bring relief for investors hoping for a blend of the two asset classes to blunt …
Read MoreNew York: Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to their highest level since before the coronavirus pandemic started. Brent crude …
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