Tag Archives: Global

[FREE] Shares of Malaysia’s Felda Global Ventures Holdings Bhd (FGV) fell to a record low today, after analysts said its plan to spend around US$ 680 million on a stake in Indonesia’s PT Eagle High Plantations Tbk was expensive. FGV shares hit record low on Eagle High bidwww.malaysiakini.comFREE Ana …

1Malaysia Development Bhd’s (1MDB) failure to list Edra Energy Global Bhd last year resulted in cash flow problems for the group and is the reason it is in its current predicament today, said 1MDB chairman Lodin Wok Kamaruddin. Failure to list Edra cause of 1MDB’s cash flow woes: Lodinwww.kinibiz.co …

FREE: Felda Global Ventures Holdings Bhd (FGV) listed on June 28, 2012 with much pomp and ceremony at RM5.30 per share. The euphoria over being the world’s largest listing since Nasdaq’s Facebook that year lasted less than two weeks when shares hit a peak of RM5.50. Now it’s trading at half that pri …

Pump prices to up from midnight A global oil glut has spurred an unprecedented fall in pump prices. Pump prices to up from midnight Malaysiakini’s Facebook Wall

In its February report on Malaysia’s economic outlook, UBS Global Research spelled it out in one sentence: “Whatever growth was in Q4 – it’s likely to get worse.” Even less growth expected in 2015www.kinibiz.comIn its February report on Malaysia’s economic outlook, UBS Global Research spelled it out …

Felda Global Ventures Holdings today posted RM134.4 million quarterly profit before tax for the period ended Dec 31, a spectacular plunge of 81% from RM707.6 million recorded for the previous corresponding quarter. FGV's quarterly profit nosedives 81%www.kinibiz.comFelda Global Ventures Holding …

Global sugar production may trail demand for a second consecutive year as the lowest prices since 2010 spur consumption and limit output, according to F O Licht GmbH. http://www.kinibiz.com/story/commodities/144212 Timeline PhotosGlobal sugar production may trail demand for a second consecutive year …

The risk of global deflation looms large for 2015 as surveys of China’s mammoth manufacturing sector showed excess supply and deficient demand in January drove down prices and production. Deflation the danger as China's factories strugglewww.kinibiz.comThe risk of global deflation looms large f …

Almost 90pct M’sians worry about retirement The global economic downturn has also impacted their retirement plans. Almost 90pct M’sians worry about retirement Malaysiakini’s Facebook Wall

KUALA LUMPUR, Jan 27 (Bernama) — Malaysians should not overreact to the current global economic situation such as falling oil prices, the European financial crisis and depreciating emerging currencies. Such an attitude, says Chief Economist and Investment Strategist, IQI Group Holdings Shan Sa …

The country is not in crisis despite the alarming drop in global crude oil prices and the national currency, says Prime Minister Najib Abdul Razak. Nation not in crisis, declares PMwww.malaysiakini.comNajib, who is also finance minister, says situation now unlike 1997 and 2009. Malaysiakini’s …

Oil headed for the biggest annual decline since the 2008 global financial crisis as US producers and the Organisation of Petroleum Exporting Countries (Opec) ceded no ground in their battle for market share amid a supply glut. Futures slid as much as 1.4 percent in New York, bringing losses for 2014 …

The rising interest in Islamic finance instruments will help drive global sukuk issuances to exceed the US$ 150 billion mark in 2015 despite the uncertainty in the global market. Global sukuk issuance to reach RM524.3 bil in 2015www.kinibiz.comThe rising interest in Islamic finance instruments will …

Brent, the global benchmark, will slide to as low as US$ 50 (RM174.96) a barrel in 2015, according to the median in a Bloomberg survey of 17 analysts, down from the US$ 115.71 a barrel high for the year on June 19. Brent seen to fall to US$ 50 in 2015www.kinibiz.comBrent, the global benchmark, will …

FREE: As global oil prices plunged, so did valuations on Bursa Malaysia, with double-digit billions wiped out in a matter of months. In five months, crude oil plunge wipes RM33 bil in valuewww.kinibiz.comAs global oil prices plunged, so did valuations on Bursa Malaysia, with double-digit billions wi …