klpost

FGV shares continue to hog the limelight

FGV shares continue to hog the limelight

Kuala Lumpur – Felda Global Ventures Holdings Bhd (FGV)’s shares on Bursa Malaysia continued to hog the limelight, with trading in the company shares remaining active, as the group begun showing progress in resolving issues within the group. As at 10.41 am, the counter was up four sen at RM1.75 with 8.82 million shares changing […]

 klpost

Ford to cut 1,400 white-collar jobs, shares tumble

Ford to cut 1,400 white-collar jobs, shares tumble

New York – Ford Motor Co said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price. Ford shares fell as much as 2.5 percent in heavy trading and were […]

 klpost

Malaysian shares slide amid low oil prices

Malaysian shares slide amid low oil prices

Kuala Lumpur – Cautious sentiment in European banking stocks amid persistent declining oil prices dampened Malaysian shares to near one-month lows on Wednesday. The nation’s benchmark FTSE Bursa Malaysia dropped 0.7 per cent to 1,648.50 points, its lowest level since July 8 and its biggest single-session decline in two weeks, according to a report in […]

 klpost

Indian temple accepts stock market shares as donations

Indian temple accepts stock market shares as donations

Mumbai – One of India’s most high-profile Hindu temples said Wednesday it now accepts shares of listed companies as donations in a novel departure from the usual gifts of cash and gold. Mumbai’s Siddhivinayak temple, which Apple chief executive Tim Cook visited in May, allows generous devotees to transfer their stocks electronically to an account […]

 klpost

Apple shares drop below US$100 for first time since August

Apple shares drop below US$100 for first time since August

Apple Inc shares dropped below US$100 (RM442) for the first time in nearly five months on yesterday following reports of slowing shipments of the iPhone 6S and 6S Plus. Taiwan-based Foxconn, formally known as Hon Hai Precision Industry Co Ltd, will cut working hours over the week-long Lunar New Year holiday, according to a person […]

 klpost

Facebook’s Zuckerberg to give 99% of shares to charity

Facebook’s Zuckerberg to give 99% of shares to charity

Mark Zuckerberg will put 99 percent of his Facebook Inc (FB.O) shares, currently worth about $45 billion, into a new philanthropy project focusing on human potential and equality, he and his wife said Tuesday in a letter to their newborn daughter. The plan, which was posted on the Facebook founder and chief executive officer’s page […]

 klpost

Tenaga shares flat on offer to buy 1MDB’s power assets

Tenaga shares flat on offer to buy 1MDB’s power assets

Kuala Lumpur – Shares in Malaysia’s national electricity utility Tenaga Nasional Bhd traded flat on Monday after it submitted a conditional offer to buy the energy assets of troubled state fund 1Malaysia Development Bhd (1MDB). Tenaga’s shares were flat in morning trade, while the broader index rose 0.26 per cent, suggesting investors were confident Southeast […]

 klpost2

AmBank shares remain steady on M&A speculation

AmBank shares remain steady on M&A speculation

Kuala Lumpur – AMMB Holdings Bhd (AmBank) shares remained steady at RM4.30 despite market talk that Chinese financial firm Bank of China (M) Bhd (BoC) is eyeing a stake in the local financial services group. Some 2.10 million of AmBank shares were traded as at 11.40 am. A report quoted sources as saying that BoC […]

 klpost2

KL shares lower in early trade

KL shares lower in early trade

Kuala Lumpur – Share prices on Bursa Malaysia opened lower in early trade today, tracking their regional peers, dealers said. At 9.20am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,570.32, down 18.84 points, after opening at 1,578.50. A dealer said regional equity markets took the cues from Friday’s Wall Street’s decline after the […]

 klpost2

KL shares opens lower

KL shares opens lower

Kuala Lumpur – Share prices on Bursa Malaysia opened lower today as the market took a breather from yesterday’s gains and amid bearish external developments, dealers said. At 9.20am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.03 points easier at 1,560.91, after opening 4.19 points lower at 1,559.75. Yesterday, the benchmark index jumped 31.80 points […]

1 2 3