Money

Malaysian capital market grows 9pc to RM3.1t in over six months of 2017, says Najib

Malaysian capital market grows 9pc to RM3.1t in over six months of 2017, says Najib

July 25, 2017

KUALA LUMPUR, JULY 25 — The Malaysian capital market increased nine per cent to RM3.1 trillion in the first six months of this year and is now ranked fifth in Asia, relative to the gross domestic product (GDP), Prime Minster Datuk Seri Najib Tun Razak said. He said Malaysia is also home to the largest number of listed companies in Asean and at US$29 billion (RM billion), Bursa Malaysia also recorded the highest in funds raised in the last five years among the 10-member regional... Read more

Recent Articles in Money

Najib: LEAP market to take SME growth to next level

Najib: LEAP market to take SME growth to next level KUALA LUMPUR, July 25 ― Bursa Malaysia Bhd's new Leading Entrepreneur Accelerator Platform (LEAP) Market will help take the growth of small medium enterprises (SMEs) to the next level,... Read more

Analyst: US interest rates assume major role in ringgit fluctuation

Analyst: US interest rates assume major role in ringgit fluctuation KUALA LUMPUR, July 25 — Investors will closely scrutinise any policy statement from the US Federal Reserve (Fed) for additional clues on its future plans and this will play a major role in... Read more

Bursa Malaysia turns mixed at mid-morning

Bursa Malaysia turns mixed at mid-morning KUALA LUMPUR, July 25 ― Bursa Malaysia turned mixed at mid-morning, with the key index posting gains on buying support, particularly in trade and services-related counters led by Genting... Read more

Ringgit opens lower against US dollar

Ringgit opens lower against US dollar KUALA LUMPUR, July 25 — The ringgit opened lower against the US dollar this morning as the greenback bounced back from its lowest level in more than a year, lifted by... Read more



Bursa opens higher

Bursa opens higher KUALA LUMPUR, July 25 — Bursa Malaysia opened higher this morning on strong buying support from investors whose confidence were lifted after the International Monetary Fund (IMF) upgraded... Read more

IMF could be based in Beijing in a decade, says Lagarde

IMF could be based in Beijing in a decade, says Lagarde WASHINGTON, July 24 — The International Monetary Fund could be based in Beijing in a decade if growth trends for China and other big emerging markets continue and these are reflected in... Read more

Report: Chinese, Japanese companies bidding for Bandar Malaysian project

Report: Chinese, Japanese companies bidding for Bandar Malaysian project KUALA LUMPUR, July 25 – The multi-billion ringgit Bandar Malaysia project has garnered nine bids from seven firms in China and two from Japan. A Malaysian official told The Straits Times... Read more

Alphabet profit hit by EU fine on Google

Alphabet profit hit by EU fine on Google SAN FRANCISCO, July 25 — Google parent Alphabet yesterday saw shares slide as the market reacted to a massive fine by the European Commission and word that success in mobile, cloud and... Read more


Halliburton sees drillers ‘tap the brakes’ on shale boom

Halliburton sees drillers ‘tap the brakes’ on shale boom NEW YORK, July 25 — Halliburton Co, promising to be disciplined in adding more fracking gear to the oilfields, says US explorers are “tapping the brakes” on drilling as the price of... Read more

Asian stocks start mixed with US dollar edging higher

Asian stocks start mixed with US dollar edging higher TOKYO, July 25 — The US dollar nudged higher and Asian equities opened mixed with trading muted ahead of the US Federal Reserve’s policy decision. Stock indexes in Australia advanced,... Read more

Blue Apron shares surge on Wall Street’s upbeat outlook

Blue Apron shares surge on Wall Street’s upbeat outlook NEW YORK, July 25 — Shares of Blue Apron Holdings Inc jumped as much as 20 per cent yesterday, reversing some of their heavy losses from the past few weeks, after several brokerages... Read more

Future of Airbus A380 superjumbo said to hinge on Emirates order

Future of Airbus A380 superjumbo said to hinge on Emirates order TOULOUSE, July 25 — Airbus SE is working on vital sales campaigns aimed at extending the life of its flagship A380 superjumbo, with outgoing marketing chief John Leahy seeking to secure... Read more


Our Picks in Money

Picture of the Day

Artist Muawiye Hussein Sidow, also known as Shik Shik, stands in front of a mural he painted on a shop wall in Mogadishu, Somali July 25, 2017. — Reuters pic

Artist Muawiye Hussein Sidow, also known as Shik Shik, stands in front of a mural he painted on a shop wall in Mogadishu, Somali July 25, 2017. — Reuters pic