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September 4, 2018 1:54 AM Bursa Malaysia lower at opening

KUALA LUMPUR: Bursa Malaysia began the morning trading on a weaker note, with external uncertainties like worries over a further escalation of the trade war and currency volatility, possibly weighing on sentiment in the near-term. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.01 points lower at 1,811.57 from yesterday's close of 1,813.58. Gainers 24

August 30, 2018 6:19 AM Bursa Malaysia rebounds in early trade

KUALA LUMPUR: Bursa Malaysia opened higher today, with the key index rebounding from yesterday's downtrend as investors took the cue from the upbeat overnight close of Wall Street amid improving oil prices. At 9.04am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.26 points higher at 1,821.9 from Wednesday's close of 1,820.64. Market breadth 17

August 30, 2018 5:22 AM PIAM: General insurance sees flat growth in 1H, expected to remain moderate in 2H

KUALA LUMPUR: The general insurance industry, which registered a marginal growth of 0.7% with gross written premiums of RM9.23 billion in the first half of 2018 (1H18), is expected to remain subdued for the rest of the year, with low single digit growth. "A single digit growth of 1%-2% could be achievable," General Insurance Association of Malaysia (PIAM) 6

August 24, 2018 1:16 AM Lone Thai assailant fires 11 shots at cop

PADANG BESAR: A lone Thai assailant fired 11 shots at a police post along the Padang Besar-Thai border on Wednesday. In the incident, the man approached the post and called out to a policeman who was guarding the area. "As the policeman, a 34-year-old corporal approached the assailant, he whipped out an object that resembled a pistol. "The cop quickly 14

August 22, 2018 10:12 AM German police arrest Russian over alleged jihadist bomb plot

BERLIN: German police commandos Wednesday arrested a Russian suspected Islamist militant accused of having plotted an explosives attack in the country. Identified only as 31-year-old Magomed-Ali C., he was allegedly an accomplice of Clement Baur, who was arrested in Marseilles shortly before the 2017 French elections accused of plotting an imminent attack 17

August 20, 2018 6:36 AM Murder charge against man who slashed five-year-old son

PETALING JAYA: A man who allegedly slashed his five-year-old son to death while the boy was sleeping was charged in the Magistrate's Court here today with murder, and faced the death sentence, upon conviction. Unemployed Mohd Faih Rifin, 36, who used to be a member of the People's Volunteer Corps (Rela), was charged with murdering the boy, Muhammad Waiz Wazzini 10

August 17, 2018 2:47 AM Ringgit opens flat against US dollar

KUALA LUMPUR: The ringgit was traded unchanged against the greenback from yesterday's close as investors awaited the announcement of the country's second-quarter economic growth report by the central bank. At 9am, the local note was traded at 4.1030/1070 against the US dollar. A dealer said traders were also holding back as Washington will be resuming 7

August 16, 2018 2:48 AM Indonesian ban on poultry from Malaysia has no impact on exporters

PETALING JAYA: Indonesia's ban on the import of fresh poultry and unprocessed products from Malaysia shipped after Aug 9 will not have any impact on Malaysian exporters, as they have not been in the market for more than a year now. According to an industry player who declined to be named, a ban on Malaysian poultry has actually been in effect since the H5N1 avian 26

August 13, 2018 9:48 AM Bursa Malaysia ends lower on selling pressure

KUALA LUMPUR: Bursa Malaysia ended lower today on selling pressure across-the-board as market sentiment remained volatile due to external factors, dealers said. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was lower at 1,783.40, down 22.41 points, from Friday's close of 1,805.75. The index opened 2.10 points lower at 1,803.65 and moved between 23

August 3, 2018 4:17 AM F&N shares up on improved earnings

PETALING JAYA: The shares of Fraser & Neave Holdings Bhd (F&N) rose 8 sen this morning after the company reported a 51% jump in net profit for the third quarter ended June 30, 2018. At midday, its share price was 0.21% or 8 sen higher at RM37.48 with 135,700 shares traded. Yesterday, F&N told Bursa Malaysia that its net profit for the quarter improved 20