Category Archives: Business
Stock futures fall ahead of Fed meeting
Stock futures retreated Tuesday as investors grew a little more cautious ahead of the Federal Reserve’s meeting and after China’s economy showed some signs of slowing down. Overseas markets fell after Chinese trade figures showed a steep slowdown in the … Continue reading
AS1M PNB
Permodalan Nasional Bhd. (PNB) tidak terdesak untuk memberikan agihan pendapatan lebih tinggi bertujuan melariskan peruntukan bumiputera dalam Amanah Saham 1Malaysia (AS1M). Presiden dan Ketua Eksekutif kumpulannya, Tan Sri Hamad Kama Piah Che Othman sebaliknya membayangkan firma pelaburan itu akan memberi … Continue reading
Making investment decisions
Wall Street is notorious for not learning from its mistakes. Maybe machines can do better. That is the hope of an increasing number of investors who are turning to the science of artificial intelligence to make investment decisions. A hedge … Continue reading
Ejen menjual rumah kos sederhana
Pemandu teksi jutawan. Itulah gelaran bagi seorang pemandu teksi berusia lewat 40-an yang memperdaya ratusan mangsa kononnya menjadi ejen menjual rumah kos sederhana, sejak lebih lapan tahun lalu. Malah, pemandu teksi yang berpura-pura individu berperwatakan baik dan hidup serba kekurangan … Continue reading
Mortgage Rates to Remain Low
Yesterday the Federal Reserve renewed its pledge to keep interest rates low for an “extended period” saying that inflation is “likely to be subdued for some time”. This is positive news for mortgage rates. Not much has changed since the … Continue reading
No-fly zone Britain spreading cloud of volcanic ash
Britain became a no-fly zone today as a spreading cloud of volcanic ash headed south from Iceland forcing northern European airports to shut in its wake. In the first extended closure of British air space in living memory, millions of … Continue reading
Petronas MMHE MISC Bursa Malaysia
Petroliam Nasional Bhd (Petronas) has confirmed that it is preparing to list two entities on Bursa Malaysia this year. This follows the announcement made by Prime Minister Datuk Seri Najib Tun Razak during his keynote address at Invest Malaysia 2010 … Continue reading
Canadian numbers are again first in class
There are, it turns out, reasons to be happy about being hewers of wood and drawers of water, long said to be the curse of Canada’s resource-based economy. The loonie’s ascent to effective parity with the U.S. dollar – an … Continue reading
Major regional currencies
The ringgit closed at a new 20-month high against the US dollar on Monday, supported by the continuing selling activities of the greenback since last week, dealers said. At 5pm, the ringgit was quoted at 3.2285/2315 against the US dollar, … Continue reading
Ringgit is likely to remain strong against the US dollar
The ringgit is likely to remain strong against the US dollar next week amid foreign fund inflows into Asian markets, dealers said. Source: Yahoo They said the ringgit was expected to hover at 3.24-3.28 per dollar and maintain at its … Continue reading
FOREX-Euro climbs on news of accord on Greece safey net
The euro rose broadly on Friday after euro-zone leaders agreed on a safety net for Greece, though uncertainties remained over the country’s debt sustainability. Euro-zone policy-makers agreed on an aid package under which Greece would receive both bilateral loans from … Continue reading
Crude Up As Greek Accord Weighs On Dollar
Crude futures were trading higher in Europe after the dollar lost ground against the euro following news of an agreement by European leaders and the International Monetary Fund late Thursday to support Greece if needed. Oil typically rises as the … Continue reading
Higher profits, not lower prices?
The Ministry of National Development (MND) says it “disagrees totally” with the view that had it awarded two land sales sites that garnered bids lower than its reserve price in 2008, recent price hikes for private housing projects would have … Continue reading
A stronger EU will boost the euro
As I travelled around the US last week, one question cropped up more than any other: could the euro disintegrate? More specifically, might individual nation states choose to leave the euro and, if so, which ones would depart first? That … Continue reading
Seizes Nintendo Game Copying Devices in Raid
Australian customs officials have hit out against counterfeiters with the seizure of devices capable of making illegal copies of Nintendo Co. games, signaling an intensifying battle between the Japanese game maker and would-be pirates. The Australian Customs and Border Protection … Continue reading
Currency trading was choppy
-The dollar extended its rally against the euro Friday morning in New York as renewed concern over sovereign debt problems in Europe overshadowed a mixed U.S. employment report. Source: Yahoo Currency trading was choppy, with the euro briefly erasing most … Continue reading
London, Paris stocks finish 2009 with big gains
British and French stock markets rose Thursday in light holiday-shortened trade to finish 2009 with bumper annual gains of more than 22 percent amid growing investor confidence over economic recovery. London’s FTSE 100 index of leading shares won just 0.28 … Continue reading
