5y

Ringgit weaker against US dollar

If it were not for other external factors, including a weaker yuan, the ringgit sell-off would have faded in greater earnest

5y

FBM KLCI up 0.29% at close

The market was broadly negative since global markets continued to shed weight as fears intensified over the next wave of Covid-19 infections

5y

Sapura Energy refutes bribery involvement in Brazil deals

Prosecutors in Brazil said they had carried out 25 searches, describing the operation as an attempt to deepen ongoing probes into three contracts signed in 2011...

5y

AirAsia plans to raise capital for digital arm

AirAsia to raise capital to fund AirAsia Digital, the rebranded digital venture arm of the airline group

5y

Asian markets sink again as virus, stimulus, election fan fears

There are worries that a second wave of Covid-19 will see the reimposition of strict, economically devastating containment measures

5y

Bursa Malaysia extends losses to open lower

Market analysts noted that the political situation in the country, on top of external factors, has given rise to a heightened sense of uncertainty

5y

Ringgit further declines against US dollar at opening

The political situation combined with external factors contributes to continued uncertainty

5y

Australia’s Westpac bank agrees record fine for money-laundering

It has to fork out RM3.85 billion for more than 23 million breaches of banking law

5y

Wells Fargo CEO sorry for ‘insensitive’ comments on race

Critics have alluded them to earlier lending discrimination settlements and other scandals

5y

Carmakers sue US govt over tariffs on Chinese imports

Tesla, Volvo, Ford and Mercedes Benz demanding customs duties paid on imports be returned with interest

5y

Asia markets mixed as virus worries temper strong Wall St lead

Leaders are fighting to prevent another explosion of cases that forced economically devastating national lockdowns around the world earlier in the year

5y

Malaysia mulls carbon tax to fight climate change

Govt revising Environmental Quality Act to mandate greenhouse gas management and reporting

5y

MTT to build Penang’s first integrated senior living resort

The RM180 million project will be situated in Balik Pulau