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Jenny Gim

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Boeing Saves Credit Rating Via Layoffs, Stock And Debt Offerings

Boeing Company reportedly will send out 60-day layoff notices on Nov 15 to thousands of workers in a bid to cut cost, and at...

Foreign Exchange Rates October 15, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on October 15, 20241 (Tuesday) provide a comprehensive overview of...

Nestle Leads Gainers, Rising RM3.50

Nestle Malaysia Bhd today again topped the chart, recovering from the massive loss of RM2.10 yesterday to gain RM3.50 and settled at RM106.00 on...

FBM KLCI Gains 5.43 Points, Closing Above 1640

The exchange's benchmark index, FBM KLCI, today gained 5.43 points, or 0.33%, to close at 1,641.97 points. Throughout the trading day, the index fluctuated between...

Amplified Growth Potential For Private Equity In ASEAN

Private equity and venture capital are economic multipliers that have tremendous growth potential in ASEAN, and can contribute more extensively to Research and Development...

Possible Fund-raising Across ASEAN For Local IPOs

Malaysian start-ups planning their Initial Public Offerings (IPO) can now look forward to the possibility of raising market capital across the Association of the...

OPEC, OPEC+ And IEA Strategise Over World Oil Demand

Oil and energy blocs are speculating on global oil demand for the fourth quarter of 2024 and 2025, with more weight assigned to Chinese...

Foreign Exchange Rates Oct 14, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on October 14, 2024 (Monday) provide a comprehensive overview of...

Nestle Loses RM2.10, KLK Leads Gainers

Nestle Malaysia today lost a massive RM2.10 to close at RM102.50, followed by four non-consumer counters namely Hong Leong Industries Bhd (-28 sen), Malaysian...

FBM KLCI Closes Above 1635 Owing To Buying Interest

As the nation enters the week of Budget 2025, benchmark KLCI index at one point shot up beyond the 1640 threshold, before retreating to...

Cloud Billing Platform Promotes EECA Compliance

Local business operators are likely to better comply with the new Energy Efficiency and Conservation Act (EECA) by utilising RELEVANT, a cloud-based billing and...

China September CPI 0.4%

China's Consumers Price Index (CPI) in September rose just 0.4% year-on-year (YoY), according to the National Bureau of Statistics of China. On Sunday, the department...

AEON Is ‘Different’ When Goods Are Same Across Market

The long-standing Japanese retail group, AEON Co (Malaysia) Bhd, has revealed its differentiation strategy in rewarding the customers with specialised goods, including those through...

Benchmark KLCI Gains 3.58 This Week, Settles Below 1635

This week, the benchmark Kuala Lumpur stock index, the FTSE Bursa Malaysia KLCI (FBM KLCI), gained 3.58 points, or up 0.22%, from last Friday's...

Glostrext Seeks Power In Acquiring Powertecs

Geotechnical instrumentation and testing service provider Glostrext Bhd is tapping into power system with a proposed acquisition of 70% stake in Powertecs System Sdn...

SC’s Investor Event Pitches Retirement Planning And Scam Protection

The Securities Commission Malaysia (SC) on Friday inaugurated its annual investor education event, InvestSmart® Fest 2024, that stresses on planning for retirement and safeguarding...

Online Fraud Rises 321% Over 5 Years As Fintech Advances

Greater advancement in financial technology (fintech) has led to proliferation of scams and unlicensed activities, as the nation pushes for heightened public awareness on...

Be Financially-smart And Invest For Retirement

Malaysians need to get adequate financial education and training in order to guard against "finfluencers" and make sound investment for their retirement life, said...

Amirsham Appointed As Alliance Bank New Chairman

Alliance Bank Malaysia Bhd has appointed Tan Sri Amirsham Abdul Aziz as the group’s new chairman effective Oct 10. Under the stewardship of Amirsham, Alliance...

October Sees RM4.8 Billion Fund Outflow In 1st Week

In the first week of October, outflows in the local bond of RM4.8 billion were recorded due to reduced probability of a further 50bps...

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