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Bursa Malaysia's early gains erode as investors lock in profits

Bursa Malaysia's early gains erode as investors lock in profits

The benchmark index had initially opened 1.78 points firmer at 1,647.46.
Tue Oct 22 2024
Retired nurse loses over RM1.9 million in non-existent investment scam

Retired nurse loses over RM1.9 million in non-existent investment scam

Police said the victim was promised a profit within a month but until now, had not received any returns as pledged.
Wed Sep 04 2024
Profit-taking drags Bursa Malaysia lower at midday

Profit-taking drags Bursa Malaysia lower at midday

On the broader market, decliners outnumbered advancers 667 to 365, with 440 counters unchanged, 1,008 untraded and seven suspended.
Tue Aug 20 2024
Ringgit softer versus US dollar in early trade on profit-taking

Ringgit softer versus US dollar in early trade on profit-taking

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the local note is overbought following last week's gain.
Mon Jul 15 2024
Astro's 1Q net profit up 14.1 pct to RM17 mln

Astro's 1Q net profit up 14.1 pct to RM17 mln

Astro Malaysia Holdings Bhd's net profit rose to RM17 million in the first quarter ended April 30, 2024 (1Q) from RM15.89 million in the same period a year ago.
Wed Jun 26 2024
Drop in foreign vehicles refueling with diesel near border

Drop in foreign vehicles refueling with diesel near border

Despite potential profit losses for petrol stations, operators and workers are relieved as it curbs diesel smuggling and misappropriation.
Fri Jun 21 2024
Targeted diesel subsidy: Op Kesan 2.0 to commence tomorrow - Armizan

Targeted diesel subsidy: Op Kesan 2.0 to commence tomorrow - Armizan

The operation aims to curb profiteering and price manipulation using the adjustments of diesel prices at petrol stations as an excuse.
Fri Jun 07 2024
AWANI Review: IKEA: Can Affordability, Profit, and Sustainability Coexist

AWANI Review: IKEA: Can Affordability, Profit, and Sustainability Coexist

In today's business world, it's about more than just making a profit. IKEA gets that—it's been part of their DNA from day one. Malcolm Pruys, Retail Director at IKEA Malaysia, shares how the company is paving the way towards a future where retail can thrive sustainably and profitably, while still keeping prices within reach for all.
Sat Apr 27 2024
TH announces 3.1% profit distribution for 2023

TH announces 3.1% profit distribution for 2023

The profit for 2023 was announced based on the audited financial statements and after taking into account the impairment in the value of investment properties in Saudi Arabia and the UK.
Tue Apr 02 2024
Astro reports Q4FY24 profit of RM44mln

Astro reports Q4FY24 profit of RM44mln

Amid ongoing macroeconomic headwinds and foreign currency volatility, Astro's Q4FY24 revenue1 was resilient q-o-q at RM820mn.
Thu Mar 21 2024
Adidas posts first loss in 30 years and warns on US

Adidas posts first loss in 30 years and warns on US

Adidas has been battling to right itself after it cut ties with Kanye West, suspending sales of the profitable Yeezy sneakers line.
Wed Mar 13 2024
Khazanah Nasional records better profit from operations of RM5.9 bln in FY2023

Khazanah Nasional records better profit from operations of RM5.9 bln in FY2023

Its stronger performance driven by higher dividends and distributions from investee companies, fair value gains and capital preservation.
Mon Mar 11 2024
Negligence among reasons for employers' failure to provide proper workers' accommodation - JTKNS

Negligence among reasons for employers' failure to provide proper workers' accommodation - JTKNS

Employers' negligence and profit-driven mindset are cited as reasons why they fail to provide conducive living space for their workers, according to the Negeri Sembilan Labour Department (JTKNS).
Thu Feb 29 2024
Starbucks reports record revenue in Q1 fiscal 2024

Starbucks reports record revenue in Q1 fiscal 2024

US coffee chain operator Starbucks reported record consolidated net revenues of US$9.4 billion in its 13-week fiscal first quarter 2024.
Wed Jan 31 2024
Bursa Malaysia snaps 7-day winning run to end marginally lower

Bursa Malaysia snaps 7-day winning run to end marginally lower

Bursa Malaysia ceded earlier gains to finish in the negative territory today due to profit-taking activities in the late trading session.
Wed Dec 20 2023
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