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Bursa opens at lowest level since 2011

KUALA LUMPUR: Bursa Malaysia extended its losses to open lower today following Wall Street’s downward performance last Friday. At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 22.83 points, or 1.54 per cent to 1,459.81 from last Friday’s close

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Khazanah reports RM7.36 bln profit

KUALA LUMPUR: Khazanah Nasional Bhd, in the first full year of its refreshed mandate, reported a turnaround in overall performance for 2019 with record profits from operations contributed by higher divestment gains and lower impairments, and robust portfolio returns. It

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My case not dropped, just postponed for today, says Zahid Hamidi

KUALA LUMPUR: Umno president Datuk Seri Dr Ahmad Zahid Hamidi said his ongoing court case was only postponed for one day and has not been dropped.    He said the trial would resume tomorrow. “The case has not been dropped,” he said in

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New study by Roland Berger expects lower profitability ahead for Thailand banking sector amid economic headwinds

BANGKOK, March 2, 2020 /PRNewswire/ — A new study by management consultancy Roland Berger confirms that banks in Thailand are facing deteriorating market structure, which sees intensifying competition, commoditization of services, shrinking of some fee revenues, and potentially increasing Non-Performing

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From Secret Agent to Icon: The Royal Mint Launches Its James Bond Collection With a First – a 7 Kilo Gold Coin

LONDON, March 2, 2020 /PRNewswire/ — The Royal Mint has announced the launch of its James Bond commemorative coin and gold bar collection ahead of the release of the 25th James Bond film. The collection includes a number of Royal

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Jokowi announces Indonesia’s first two confirmed COVID-19 cases

JAKARTA: Indonesian President Joko Widodo announced that two Indonesians have tested positive for COVID-19, the first two confirmed cases of the disease in the country.  Jokowi said that the two people, a 64-year-old and her 31-year-old daughter, had been in

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Najib’s 1MDB trial to resume next Tuesday

KUALA LUMPUR: The trial of former prime minister Datuk Seri Najib Tun Razak on corruption and money laundering charges involving RM2.3 billion of 1Malaysia Development Berhad (1MDB) funds will resume next Tuesday.    High Court Judge Collin Lawrence Sequerah fixed March

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Hrithik Roshan set to make his debut in Hollywood

Hrithik Roshan has signed a US-based agency which will see him doing more global content. It seems Hollywood is the way to go for Hindi cinema’s top stars. Actor Hrithik Roshan, who delivered the successful War and Super 30 in 2019,

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Undeterred by Hardships, Helping Friends from Far and Wide: Fosun Helps the World Fight Coronavirus with Global Resources

HONG KONG, March 2, 2020 /PRNewswire/ — China Cargo CK253, from Shanghai Pudong landed at Tokyo Narita Airport, with the first batch of 36,000 protective medical supplies to Japan, Fosun officially started the second phase of its operations against the coronavirus

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Thailand reports first COVID-19 death

BANGKOK: A 35-year-old Thai retail worker became Thailand’s first COVID-19 fatality yesterday, the Department of Disease Control said.  Its director-general Suwanchai Wattanayingcharoen said the man had been down with dengue fever since late January and was later diagnosed with COVID-19 and transferred to

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