Firm start for KLCI early Friday as Public Bank, PChem advance
KUALA LUMPUR: Blue chips made a firm start on Friday with the FBM KLCI up nearly 10 points, underpinned by Public Bank and Petronas Chemicals after the strong overnight close on Wall Street but investors also worried if the market could hold on its gains.
The cofounder and former chief executive officer of Telltale Games has posted a public statement about the studio’s reported layoffs and potential closure. Kevin Bruner started Telltale in 2004, but new investors helped force him out of his leadership position in 2017. Now, while still embroiled in a legal fight with his former company, the […]
KUALA LUMPUR (Sept 21): Bank Negara Malaysia said today its international reserves amounted to US$103.9 billion as at Sept 14, 2018. The central bank said the lower reserves level largely reflects portfolio outflows, as experienced in the region.
In a statement, Bank Negara said the reserves position is sufficient to finance 8.1 months of retained imports and is 0.9 time the short-term external debt.