Business - The Malaysian Insider

Moody’s cuts mining giant BHP’s rating on weak commodity market

BHP Billiton's credit rating has been cut by Moody's as the industry battles weak commodity prices and softer demand, just a month after Standard & Poor's also downgraded the global mining...

Berjaya Corp’s share rise on partnership with CW Retail

Berjaya Corporation Bhd's share price rose in early trade today after announcing a collaboration with Australian company CW Retail Asia Pty Ltd to operate a pharmacy chain within and outside...

Ringgit opens higher against US dollar

The ringgit continued yesterday's upward momentum against the US dollar to open higher on mild buying support by investors and lifted by positive sentiment, dealers said. At 9.01 am, the local...

KLCI reverses loss, eyes 1,700 level again

The FBM KLCI reversed its earlier losses and clawed back toward the 1,700 level at mid-morning today. At 10.01am, the FBM KLCI rose 6.26 points to 1,694.46. The top gainers included Panasonic...

Maximum 35-year mortgage more than enough, says Bank Negara

Bank Negara Malaysia (BNM) said a maximum loan tenure of 35 years is “more than sufficient” for borrowers to settle their housing loan by their retirement age. It said increasing the loan...

US crude rises after domestic oil output falls for sixth week

US crude futures rose in early Asian trade today, buoyed by renewed optimism prices may have bottomed out after official data showed US oil production fell to its lowest level since November...

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