Fri02232018

LAST_UPDATEThu, 22 Feb 2018 11pm

Tender For ECRL Works To Open In April

BENTONG: At least 30 per cent of the East Coast Rail Link (ECRL) infrastructure works packages will open for tender beginning April.

Read more: Tender For ECRL Works To Open In April

BNM International Reserves At US$103.6b As At Feb 15

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves stood at US$103.6 billion (US$1=RM3.91) as at Feb 15, 2018 from US$103.7 billion on Jan 30, 2018.

Read more: BNM International Reserves At US$103.6b As At Feb 15

Petronas' Subsidiary Secures LNG Contract To India

KUALA LUMPUR: Petronas’ subsidiary, Petronas LNG Ltd (PLL), marked a new milestone with the signing of a sale and purchase agreement (SPA) with H-Energy Mideast DMCC (HEMD), its first-term liquefied natural gas (LNG) contract to India.

Read more: Petronas' Subsidiary Secures LNG Contract To India

Asian Stocks Slip As U.S. Rate Risk Sours Sentiment, Dollar Holds Gains

SYDNEY: Most Asian share markets followed S&P 500 futures lower on Thursday as speculation of faster hikes in U.S interest rates soured risk appetite globally.

Read more: Asian Stocks Slip As U.S. Rate Risk Sours Sentiment, Dollar Holds Gains

Malaysian Bond Yields Spike Amid Volatile Markets

KUALA LUMPUR: Malaysian bond yields faced upward pressure in tandem with increasing global yields amid the volatile world markets, said RAM Rating Services Bhd.

Read more: Malaysian Bond Yields Spike Amid Volatile Markets

Qantas Airways Sees Record Half Year Profits

Pic: Getty Images

Australia's national flag carrier, Qantas Airways, has posted record profits for the six months to December.

Read more: Qantas Airways Sees Record Half Year Profits

Federal Reserve Policymakers More Confident About Economy

Pic: Getty Images (Jerome Powell arrives to be sworn-in as the new Chairman of the Federal Reserve on February 5, 2018.)

The US Federal Reserve is preparing for stronger-than-expected economic growth this year, a view that boosts the case for higher interest rates.

Read more: Federal Reserve Policymakers More Confident About Economy

Ford Executive Leaves Over Inappropriate Behaviour

Pic: Getty Images

The head of Ford's US operations is leaving the company immediately following an internal investigation into inappropriate behaviour.

Read more: Ford Executive Leaves Over Inappropriate Behaviour

Netflix, Amazon Win New Favor After Wall Street Sell-Off

SAN FRANCISCO - Netflix Inc, Amazon.com Inc and technology companies poised to benefit from U.S. corporate tax cuts are attracting fresh attention on Wall Street after their shares shrugged off recent market turbulence.

Read more: Netflix, Amazon Win New Favor After Wall Street Sell-Off

AirAsia X Posts Strong Q4 Results

KUALA LUMPUR: AirAsia X Bhd (AAX) recorded a 116 per cent higher net profit to RM84.4 million in its fourth quarter of 2017 from RM39 million in the same corresponding quarter the year before.

Read more: AirAsia X Posts Strong Q4 Results