Category: General

FBM KLCI Futures Open Stronger

The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives traded stronger this morning, tracking the underlying cash market.

At 9.19 am, the August 2024 spot month contract rose 9.0 points to 1,591.5, September 2024 and

Read More

Naver Q2 net income up 15.8 pct to 332.1 bln won

Naver Corp. on Friday reported its second-quarter net income of 332.1 billion won (US$241.1 million), up 15.8 percent from a year earlier.

The company said in a regulatory filing that it posted 472.7 billion won in operating profit for

Read More

Korea Gas turns to profits in Q2

Korea Gas Corp. on Friday reported its second-quarter net profit of 253.3 billion won (US$185.9 million), shifting from a loss of 66.7 billion won a year earlier.

Operating income for the April-June period was 465.7 billion won, up 127.1

Read More

MOF Extends Refund Mechanism For Diesel Subsidy

The Ministry of Finance (MOF) is extending the refund mechanism for diesel subsidy to eligible logistics vehicle owners who have yet to receive the fleet card, it said in a statement today.

It said the facility is available only

Read More

Penang AI Education Hub Targets 3,000 Participants

The Penang Artificial Intelligence (AI) Education Hub has the ability to equip local talent to drive AI technology development, thus positioning Malaysia as a leading hub in the region.

Science, Technology and Innovation Minister Chang Lih Kang said…

Read More

Ringgit Opens Firmer Against US Dollar

The ringgit opened higher against the US dollar this morning, although the greenback had strengthened following lower-than-expected jobless claims in the United States (US), said an analyst.

At 8 am, the ringgit appreciated to 4.4695/4800 versus th…

Read More