BENGALURU: Gold prices surged to an all-time high yesterday, as fears about the economic fallout from rising Covid-19 cases boosted demand for the safe-haven metal, although gains were capped by an uptick in the United States dollar.

PETALING JAYA: The stock market kicked off August on the wrong footing with strong selling, as investors took on a pessimistic front following a global surge in coronavirus (Covid-19) cases which led to various economic concerns

KUALA LUMPUR (August 4): The 1Malaysia Development Bhd (1MDB) trial continues today as former Prime Minister Datuk Seri Najib Razak takes his place in the accused dock. Still on the witness stand is former chief executive officer Datuk Shahrol Azral Ibrahim ...

SINGAPORE: The Monetary Authority of Singapore (MAS) said it plans to revise rules governing foreign banks with a substantial local presence that may allow them to open digital-only banking subsidiaries.

AWARD-winning Malaysian-listed derivatives broker Kenanga Futures Sdn Bhd’s annual retail campaign is back.

WASHINGTON: The U.S. Federal Aviation Administration said on Monday it is proposing requiring four key Boeing Co 737 MAX design changes to address safety issues seen in two crashes that killed 346 people and led to the plane's grounding in March 2019

SINGAPORE: Singapore banks are likely to report their average net interest margins fell the most quarter-on-quarter in 18 years as interest rates weakened, while profits on the year are seen taking a hit from the impact of the COVID-19 pandemic and weak asset quality.

NEW YORK: Oil prices were up more than 1% on Monday on positive economic data from the United States, Europe and Asia, but investors remained concerned about rising COVID-19 cases globally and oversupply as OPEC begins to lift supply cuts.

NEW YORK: The dollar rose and equity markets rallied on Monday as investors welcomed upbeat manufacturing data from around the world and as Microsoft's pursuit of TikTok's U.S. operations and other deals bolstered sentiment.

(Aug 4): Asian stocks looked poised for gains Tuesday after a technology-fueled rally in the U.S. amid positive economic data and the potential for further stimulus. The dollar climbed. Futures pointed higher in Japan, Australia and Hong Kong. S&...

KUALA LUMPUR (Aug 4): Global sales of semiconductors rose 5.1% year-on-year in June to US$34.5 billion from US$32.9 billion a year earlier, said the U.S.-based  Semiconductor Industry Association (SIA). In a statement on its website Aug 3, SIA however said on ...

KUALA LUMPUR (Aug 3): Based on news flow and corporate announcements today, companies in focus tomorrow may include AirAsia Group Bhd, Boustead Holdings Bhd, Sunway Real Estate Investment Trust, Tasek Corp Bhd, TDM Bhd, Unisem (M) Bhd. AirAsia Group Bhd plans ...

KUALA LUMPUR (Aug 3): Accurate information, good narrative storytelling and law enforcement are the most effective approaches when it comes to fighting fake news and disinformation, say communications expert Datuk Dr Rais Hussin Mohamed Ariff. The president and chief executive officer ...

ALOR SETAR (Aug 3): All religious activities at mosques and surau involved in areas under the Targeted Enhancement Movement Control Order (TEMCO) in Kubang Pasu and Padang Terap districts were suspended effective Sunday. According to the Kedah Islamic Religious Affairs Department (...

KUALA LUMPUR (Aug 3): The government aims to reduce water consumption to 180 litres per person per day by 2025, said Environment and Water Minister Datuk Tuan Ibrahim Tuan Man. He said this was because the high water consumption of Malaysians at 219 litres ...

KOTA KINABALU (Aug 3): Parti Warisan Sabah (Warisan) will defend the seats it won in Sabah during the 14th General Election (GE14), in the upcoming state election, says party president Datuk Seri Mohd Shafie Apdal. However, Mohd Shafie said he would ...

KUALA LUMPUR (Aug 3): The number of Malaysians filing the Population and Housing Census 2020 (Census 2020) online is still below target. Department of Statistics Malaysia (DOSM) chief statistician Datuk Seri Dr Mohd Uzir Mahidin said less than 10,000 households filled in the e-Census ...

KUALA LUMPUR (Aug 3): The government has studied and considered various factors and implications in regard to the proposed abolition of highway tolls in the country, according to Works Minister Datuk Seri Fadillah Yusof. He said the most pertinent factor being ...