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

Posted in Business | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in Business | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in Business, Tips, World | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

The euro sank to a 14-month low below $1.27

The euro sank to a 14-month low below $1.27 on Thursday as markets expressed their lack of confidence in European leaders’ ability to contain the debt crisis. Source: Yahoo The European Central Bank did not offer more support to European … Continue reading

Posted in Business, Forex, World | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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

Posted in Business, Iklan | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in Business, News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

The euro fell lowest level in a year against the dollar

The euro fell to near the lowest level in a year against the dollar on speculation Group of 20 Leaders will express concern that Greece’s escalating debt crisis will threaten the global recovery. The euro slid versus all 16 major … Continue reading

Posted in Business, Forex, Forum | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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

Posted in Business, World | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Greek Treasury bill auction showed EURO HIGHER

The euro rose in the New York session on Tuesday after earlier falling to a session low versus the dollar after results from a Greek Treasury bill auction showed the market still required a high premium to hold Greek assets. … Continue reading

Posted in Business, Forex | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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

Posted in Business | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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

Posted in Business, Forex | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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

Posted in Business | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in Business, World | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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

Posted in Business, Forex, Forum | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in Business, Forex, News, World | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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

Posted in Business, Property | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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

Posted in Business, Forex, News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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

Posted in Business, Games | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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

Posted in Business, Forex | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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

Posted in Business, Forex, Money | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment