Investlah.com Malaysian Business News

The ringgit is expected to see range-bound trading next week as investors continue to take a cautious stand in the current economic climate, dealers said. According to a dealer, the local unit will remain relatively volatile as the US dollar was still being considered by investors as a safe haven during economic uncertainties. "We will continue to see strong interest in the US dollar but it will depend on sentiments in the currency market," the dealer said. read more
Discuss |

Tell a friend

1
Vote

Palm futures trading seen cautious

Posted by Investlah.com 7 hours ago (http://www.btimes.com.my)

Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to move at current levels amid expectations of lower demand particularly from India, dealers said. read more
Discuss |

Tell a friend

1
Vote

Rubber expected to be firmer

Posted by Investlah.com 7 hours ago (http://www.btimes.com.my)

The Malaysian rubber market is expected to be firmer next week with sentiment buoyed by a decision by the three major producers to cut exports, dealers said. They said the export curb could help lift prices further.Thailand, Indonesia and Malaysia agreed on Wednesday to remove about 900,000 tonnes of rubber from the export market this year.The dealers said the decision was made at a three-day meeting of the International Tripartite Rubber read more
Discuss |

Tell a friend

1
Vote

KL tin mart may be easier next week

Posted by Investlah.com 7 hours ago (http://www.btimes.com.my)

The Kuala Lumpur Tin Market (KLTM) is likely to be easier next week, hovering below US$14,500 per tonne on expectations of lower demand, dealers said. read more
Discuss |

Tell a friend

1
Vote

European stocks calm as US closes market for 4th of July

Posted by Investlah.com 9 hours ago (http://biz.thestar.com.my)

LONDON: European stock markets traded in a narrow range Friday as investors caught their breath after big losses the day before on U.S. jobs data. read more
Discuss |

Tell a friend

1
Vote

US$10bil pipeline to ship gas from Africa to Europe

Posted by Investlah.com 9 hours ago (http://biz.thestar.com.my)

ABUJA, Nigeria: Nigeria, Algeria and Niger have signed an agreement to create a $10 billion pipeline that would ship gas across the Saharan desert to Europe, Nigeria's state oil company said Friday. read more
Discuss |

Tell a friend

1
Vote

China Investment buying 17% US$1.5bil in Teck Resources

Posted by Investlah.com 9 hours ago (http://biz.thestar.com.my)

VANCOUVER Mining company Teck Resources Ltd. said Friday it is selling a 17 percent stake to China Investment Corp. for 1.74 billion Canadian dollars ($1.5 billion) in a bid to reduce its debt load. read more
Discuss |

Tell a friend

1
Vote

Volkswagen's first electric car in 2013

Posted by Investlah.com 9 hours ago (http://biz.thestar.com.my)

BERLIN: Volkswagen AG hopes to introduce its first electric cars on the market in 2013, the German automaker's chief executive said Friday. read more
Discuss |

Tell a friend

1
Vote

Canada says unemployment to rise

Posted by Investlah.com 9 hours ago (http://biz.thestar.com.my)

TORONTO: Canada's finance minister said Friday that the country's economic recovery will likely be modest and job losses will mount into 2010 even after growth has begun. read more
Discuss |

Tell a friend

1
Vote

World Bank warns of rising protectionism during current recession

Posted by Investlah.com 10 hours ago (http://biz.thestar.com.my)

VINA DEL MAR, Chile: The head of the World Bank says the world economic crisis is spawning restrictive trade measures that threaten to slow a recovery. read more
Discuss |

Tell a friend

1
Vote

Venezuela pays US$1.05b to assume control of Spanish-owned bank

Posted by Investlah.com 10 hours ago (http://biz.thestar.com.my)

CARACAS: President Hugo Chavez's government assumed control of Venezuela's third-largest bank on Friday - making the state the largest player in the nation's banking system. read more
Discuss |

Tell a friend

1
Vote

British Airways to cut capacity, delay new planes

Posted by Investlah.com 10 hours ago (http://biz.thestar.com.my)

LONDON: British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers. read more
Discuss |

Tell a friend

1
Vote

Lure of British properties

Posted by Investlah.com 10 hours ago (http://biz.thestar.com.my)

FOR the past several months, Malaysians have been toying with the idea of having a bit of England, predominantly London, to call their own. Be it aspirational or otherwise, they have cited several compelling reasons for that interest. read more
Discuss |

Tell a friend

1
Vote

Paving the way forward