Soft start on Bursa following Fed comments
KUALA LUMPUR: Investors are continuing to take money off the table following a mixed performance on Wall Street, in response…
Ringgit opens slightly lower against US$ as Fed leaves rate unchanged
KUALA LUMPUR: The ringgit opened a tad lower against the US dollar today after the US Federal Reserve (Fed) kept its benchmark…
DBS quarterly results trounce forecasts, another record year expected
SINGAPORE: Singapore's biggest bank DBS Group reported on Thursday first-quarter results that trumped expectations with broad-based growth and said it…
Malaysia’s manufacturing PMI rises to 49.0 in April, suggesting improved GDP growth – S&P Global
KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 49.0 in April from 48.4…
Microsoft to invest US$2.2bil in cloud and AI services in Malaysia
KUALA LUMPUR: Microsoft will invest $2.2 billion over the next four years in Malaysia to support the country's digital transformation,…
FBM KLCI nearly flat at lunch break
KUALA LUMPUR: Malaysia's blue-chip stock index was little moved while regional markets had a mixed reaction following the US Federal…
Asia stocks rise as Fed tamps down hike fears; yen leaps
SINGAPORE: Asian stocks and U.S. futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike,…
Anwar: Microsoft’s new US$2.2bil investment is its largest single investment in Malaysia
KUALA LUMPUR: The additional investment by Microsoft amounting to US$2.2 billion or RM10.5 billion in the country over the next…
Asian equities slip on Fed decision; Indonesia drops as inflation rate eases
STOCKS in Indonesia extended losses on Thursday as data showed that the country's inflation rate had eased, while other equities…