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China to help cushion recession impact on Malaysia's economy

China to help cushion recession impact on Malaysia's economy

A strong Malaysia-China economic relationship is expected to help the country face and overcome the adverse effects of a US recession.
Thu Aug 08 2024
Ringgit opens lower against US dollar amid strong us economic data

Ringgit opens lower against US dollar amid strong us economic data

Stephen Innes said the unexpectedly strong US economic data had triggered a minor reversal of sorts in broader US dollar sentiment.
Tue Dec 06 2022
Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

At 9.18 am, the local currency rose to 4.4550/4600 versus the greenback from Tuesday's close of 4.4570/4585
Wed Jul 27 2022
Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Stephen Innes expects the ringgit to be confined to a tight range and the Asian forex exchanges to remain in a wait-and-see mode.
Mon May 30 2022
New govt would benefit from vaccination works, economic reopening

New govt would benefit from vaccination works, economic reopening

The new government would also benefit from less selling pressure by GLCs from the expiry of the various withdrawal schemes, researcher says.
Tue Aug 17 2021
Singapore files 13 more charges in massive nickel trading fraud

Singapore files 13 more charges in massive nickel trading fraud

The scheme allegedly raised more than S$1 billion from investors to fund bogus nickel trades.
Mon Jun 28 2021
Books open for Malaysia's MR DIY's $362 million IPO, to list on October 26

Books open for Malaysia's MR DIY's $362 million IPO, to list on October 26

MR DIY listing is on track to be the largest in Malaysia since Lotte Chemical Titan raised 3.77 billion ringgit in July 2017.
Tue Oct 06 2020
Jalil was made CEO of Aberdeen Islamic in 2010 - Former boss

Jalil was made CEO of Aberdeen Islamic in 2010 - Former boss

It was around 2010, that we confirmed him as CEO of Aberdeen Islamic Asset Management, as it was called then. I can't remember his birthdate, but yes, he was in his late 20's when he was made a CEO.
Sun Jun 14 2020
The Year of the Pig - Will it Fly?

The Year of the Pig - Will it Fly?

Manulife Asset Management Senior Strategist Asia Geoff Lewis expects markets to potentially perform rather better in 2019 even as the global economy slows
Sun Jan 13 2019
Aberdeen's Martin Gilbert: New Malaysian Government Sending Right Signals to Investors

Aberdeen's Martin Gilbert: New Malaysian Government Sending Right Signals to Investors

CEO of Standard Life Aberdeen Martin Gilbert says the Pakatan Harapan government is sending all the right signals to foreign investors to ramp up investments in Malaysia. He speaks to Ibrahim Sani.
Wed May 16 2018
Affin Hwang AM launches first shariah-compliant commodity ETF

Affin Hwang AM launches first shariah-compliant commodity ETF

Affin Hwang Asset Management Berhad launches the first exchange traded fund (ETF) the TradePlus Shariah Gold Tracker (GOLDETF) in the country.
Wed Dec 06 2017
Aberdeen and Standard Life complete merger

Aberdeen and Standard Life complete merger

The merger of Aberdeen Asset Management PLC and Standard Life plc has completed today, to be known as Standard Life Aberdeen plc.
Mon Aug 14 2017
CMIA, Affin Hwang acquire majority stake in Bitsmedia

CMIA, Affin Hwang acquire majority stake in Bitsmedia

The combined stake purchased by CMIA and AHAM is about 90% but the value was not disclosed.
Tue Aug 01 2017
AirAsia appoints IsItUp.com to track and optimise fixed assets

AirAsia appoints IsItUp.com to track and optimise fixed assets

AirAsia Bhd has appointed IsItUp.com, a mobile and Software-as-a-Service (SaaS) fixed asset management platform, to optimise the management and life cycle of fixed assets across its operations.
Tue Feb 14 2017
CIMB eyes RM300 mln sales from new preferred securities fund

CIMB eyes RM300 mln sales from new preferred securities fund

Chief Executive Officer Munirah Khairuddin says the preferred securities potentially offered attractive yields, especially in an environment with low interest rates and heightened volatility.
Sun Feb 05 2017
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024