Business - The Malaysian Insider

Malaysia signs bank access agreements with Thailand, Philippines

Bank Negara said today it has signed agreements with its counterparts in Thailand and the Philippines on market access and operational flexibility for lenders, as the Asean countries move towards...

Dollar steadies before BOJ, Fed meetings

Currency markets were off to a relatively quiet start today, stabilising after last week's large swings, as investors geared up for Japanese and US central bank policy meetings that could provide...

German blue-chip DAX 30 index breaks through 10,000 points

The German blue-chip DAX index today rose above the key psychological level of 10,000 points for the first time since mid-January, driven higher by a strong start to the week across Asian...

European stock markets rise at open

European stock markets rose at the start of trading today following a strong start to the week across Asia, as traders looked ahead to more central bank action. London's benchmark FTSE 100...

Asian stocks lifted by Wall Street gains

Asian shares began a central-bank focused week on firm footing today, buoyed by gains on Wall Street as well as glimmers of strength in weekend data from China. Financial spreadbetters expected...

KLCI lifted by gains at global markets

The FBM KLCI remained in positive territory at the midday break today, lifted by gains at most global markets. At 12.30pm, the FBM KLCI rose 4.03 points to 1,700.57. Gainers and losers were...

Ringgit opens lower against US dollar

The ringgit opened lower against the US dollar today on a technical correction after registering strong gains last week, dealer said. At 9am, the ringgit was quoted at 4.0910/0960 against the...

TM, BT sign WiFi roaming pact

Telekom Malaysia Bhd (TM) has signed a Wi-Fi roaming agreement with British Telecommunications plc (BT), allowing them to leverage on each other's Wi-Fi networks in Malaysia and the UK and enable...

Oil prices stable but oversupply lingers

Oil prices were stable in early trading today, with global oversupply and slowing economic growth weighing on markets but prospects of falling production lending crude some support. US West...

KLCI crosses 1,700-level in line with gains at regional markets

The FBM KLCI crossed the 1,700-point psychological level at mid-morning today in line with the firmer regional markets. At 10.01am, the FBM KLCI rose 3.70 points to 1,700.24. The top gainers...

Italy’s Eni begins output at world’s most northerly producing oilfield

Italian firm Eni began producing oil from its Goliat field in the Norwegian Arctic late yesterday, making it the world's most northerly oilfield in production. "It started last night," said an...

KLCI poised to breach 1,700 psychological level

The FBM KLCI is poised to breach the 1,700-point psychological level in line with the gains at most regional markets. At 9.01am, the FBM KLCI rose 2.60 points to 1,699.14. The top gainers in...

Indonesia’s Pertamina and Marubeni sign gas turbine deal with GE

A consortium made up of Indonesia's state energy firm PT Pertamina and Japan's Marubeni Corp has signed a deal with General Electric for the US firm to provide gas turbines for a US$2 billion...

KLCI to trend higher, test 1,700-level

The FBM KLCI is expected to trend higher today in line with the firm close at Wall Street last Friday, and test the 1,700-point level. The S&P 500 ended at its highest level of the year on...

British finance minister flags budget cuts

British finance minister George Osborne said he would announce deeper cuts to public spending this week in order to protect his plan to eliminate the budget deficit from a weakening of the...

Tobacco off Saudi shelves amid price rise speculation

Cigarettes had disappeared from the shelves in some Saudi cities today amid speculation on social media that the government was about to raise prices on tobacco and other products that are...

Central Bank bonanza from Washington to Tokyo

Central banks take centre stage in the coming week as policymakers from Washington to London and Tokyo battle slowing global growth, heightened market volatility and deflationary...

Myanmar almost ready for opening bell

Myanmar has four currency rates, no credit rating, and a shiny new stock exchange that doesn’t yet trade. Those are some pieces of the financial puzzle that Aung San Suu Kyi’s National League...

Strong US, weak world picture challenges Federal Reserve

Federal Reserve policymakers will hold their finger away from the rate-hike trigger when they meet next week, analysts say, but chances are it could move a bit closer. Meeting after the...

India’s RBI chief seeks ‘new rules’ for central banks

India's central bank chief today said "new rules of the game" were needed for monetary policy-making, arguing that greater oversight was crucial in an increasingly integrated global...