Markets

Corporate results: United Malacca, RAM Consultancy Services, Nexgram, MPay and Star Media

United Malacca selling land to Huat Lai for RM175m United Malacca Bhd (UMB) has agreed to sell 1021.6 hectares of land to subsidiaries of Huat Lai ...

Little share price change despite TH assets transfer to SPV

By FARA AISYAH / Pic By MUHD AMIN NAHARUL
Share price of stocks formerly owned by Lembaga Tabung Haji (TH), which were sold to the government-owned ...

S’pore economy ends 2018 on slower note

Home prices post 1st decline in 6 quarters as the govt’s cooling measures imposed in July started to bite 
By BLOOMBERG ...

O&G stocks in the red amid oil price slump

By MARK RAO / Pic By TMR
Investors could be seeking to further reduce their exposure to local oil and gas (O&G) stocks, as the volatile sector is ...

Demand for Asia dollar bond seen reviving

By BLOOMBERG
HONG KONG • The lacklustre demand for Asian dollar bonds is likely to recover as investors who shunned weaker quality notes during the ...

China tobacco colossus plans IPO for international business

By BLOOMBERG
SHANGHAI • China National Tobacco Corp, a state monopoly that’s by far the biggest cigarette maker in the world, plans to list its ...

Bursa stocks start 2019 with losses on local and China’s PMI contractions

The black shooting-star candlestick on Monday is a top reversal candlestick pattern indicating investors are in a profit-taking mode, says a chartist
...

India takes aim at ‘extremist’ speculators

Physical settlement may curb excessive speculation in a market where derivatives trading is about 30 times that of cash ...

Korea trade falls in another bearish sign for world

By BLOOMBERG
SEOUL • South Korea’s exports fell in December in the latest sign that the slowdown in China and the global trade war is weighing on ...

Short-term rates to remain steady on BNM’s operations

Short-term rates are expected to remain steady today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
...

This year’s strongest major currency could run even more in 2019

By BLOOMBERG
NEW YORK • The yen ended the year as the biggest winner against the dollar among major currencies as investors sought out safety amid ...

Bursa Malaysia continues uptrend at mid-afternoon

By BERNAMA
KUALA LUMPUR • Bursa Malaysia continued its uptrend at mid-afternoon, buoyed mainly by buying of selected heavyweights ...