MUMBAI, May 1 Indian conglomerate Reliance Industries saw its quarterly profits more than double between January and March, the firm said yesterday, boosted by a turnaround in its key oil and retail businesses. The Mumbai-based behemoth ...

Reliance Industries said its consolidated net profit for ...

https://www.malaymail.com/news/money/2021/05/01/profits-at-indias-reliance-double-on-oil-retail-recovery/1970803

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BRUSSELS, May 1 The eurozone economy fell into a second recession in less than a year in the first quarter, data showed yesterday, as slow vaccinations and pandemic lockdowns stopped a rebound. The 0.6 per cent contraction was in stark contrast...

Germany was the major drag on growth in January to...

https://www.malaymail.com/news/money/2021/05/01/eurozone-enters-double-dip-recession-but-better-days-ahead/1970828

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LONDON, May 2 Mobile operator Vodafone Group Plc and Alphabet Incs Google Cloud entered a strategic partnership to jointly develop data services, Vodafone said today. About 1,000 workers in Britain, Spain and the United States will be to...

A man speaks on his mobile phone as he walks past logos ...

https://www.malaymail.com/news/money/2021/05/02/vodafone-teams-up-with-google-cloud-on-data-analytics/1971152

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KUALA LUMPUR, April 30 Yili recently released its 2020 annual report with total revenue reaching 96.886 billion yuan (RM61 billion) and net profit attributable to the parent company was 7.078 billion yuan, highlighting the companys healthy...

KUALA LUMPUR, April 30 Yili recently released its 2020 ...

https://www.malaymail.com/news/money/2021/04/30/yili-group-achieves-2020-remarkable-growth-unveils-2021-first-quarter-resul/1970647

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KUALA LUMPUR, April 30 Subsidiaries of FGV Holdings Bhd (FGV), MSM Malaysia Holdings Bhd (MSM) and FGV Integrated Farming Holdings Sdn Bhd (FGVIF) have entered into a binding term sheet on the respective disposal and acquisition of 100 per cent...

The FGV logo is pictured at its headquarters in ...

https://www.malaymail.com/news/money/2021/04/30/fgv-integrated-farming-holdings-acquires-msm-perlis/1970703

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NEW YORK, May 12 US stocks closed lower yesterday as rising commodity prices and labour shortages fed fears that despite reassurances from the US Federal Reserve, near-term price spikes could translate into longer-term inflation. While all three...

Market participants will scrutinise the Labour ...

https://www.malaymail.com/news/money/2021/05/12/wall-street-closes-lower-as-inflation-jitters-spark-broad-sell-off/1973543

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KUALA LUMPUR, May 12 Shares of Public Bank rose today and the counter was among the top five actively traded stocks on Bursa Malaysia this morning, hours after the banking group announced record first-quarter net profit. As at 9.06am, the...

Gains in Public Bank was the major contributor to ...

https://www.malaymail.com/news/money/2021/05/12/public-bank-shares-shine-in-early-trade/1973611

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KUALA LUMPUR, May 12 Bursa Malaysia was slightly higher at mid-morning despite a minor volatility in its key index amid the emergence of bargain-hunting ahead of the long holiday break. At 11.03am, the benchmark FTSE Bursa Malaysia KLCI (FBM...

Strong buying momentum was also seen in the small ...

https://www.malaymail.com/news/money/2021/05/12/bursa-malaysia-slightly-higher-at-mid-morning2/1973622

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SYDNEY, May 12 An extended sell-off drove Asian shares to their lowest in seven weeks on Wednesday as surging commodity prices and growing inflationary pressure in the United States prompted markets to bet on earlier rate hikes and higher bond...

Analysts said a combination of inflation fears and ...

https://www.malaymail.com/news/money/2021/05/12/inflation-anxiety-jolts-stocks-asia-tumbles-to-two-month-lows/1973634

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KUALA LUMPUR, May 6 MISC Bhd has returned to the black in the first quarter ended March 31, 2021 (Q1), registering a net profit of RM429.80 million compared with a net loss of RM1.16 billion recorded in the same quarter last year. Revenue for...

Revenue for the quarter under review inched up 1.1 ...

https://www.malaymail.com/news/money/2021/05/06/misc-returns-to-black-in-q1-net-profit-at-rm429.8m/1972091

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NEW YORK, May 6 Wall Street stocks were little changed early today following upbeat US jobs data, while both Pfizer and Moderna slumped on worries about diminished profits from Covid-19 vaccines. US Labor Department said new applications for...

People walk on Wall St. outside the New York Stock ...

https://www.malaymail.com/news/money/2021/05/06/us-stocks-flat-as-pfizer-moderna-shares-tumble/1972263

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, May 7 Americans filed 92,000 fewer applications for unemployment aid last week, the government reported Thursday, in the latest sign the widespread job losses caused by the Covid-19 pandemic was ebbing as businesses reopen. The...

People line up outside a Kentucky Career Center hoping to find ...

https://www.malaymail.com/news/money/2021/05/07/us-govt-new-jobless-claims-plunged-92000-last-week/1972297

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TOKYO, May 7 The dollar stayed under modest pressure on Friday ahead of a key US jobs report that could cement expectations of a strong economic recovery and fan investor appetite for stocks, higher-yielding currencies and commodities. The...

The dollar stayed under modest pressure on Friday ahead...

https://www.malaymail.com/news/money/2021/05/07/dollar-on-backfoot-ahead-of-us-jobs-data/1972331

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KUALA LUMPUR, May 7 Malaysias Industrial Production Index (IPI) is expected to remain on a rebound mode until year-end after surging 9.3 per cent year-on-year in March 2021. Public Investment Bank Bhd (PIVB) said the growth...

Malaysias Industrial Production Index (IPI) is expected to ...

https://www.malaymail.com/news/money/2021/05/07/public-investment-bank-malaysias-ipi-expected-to-continue-rebounding-till-y/1972361

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KUALA LUMPUR, May 7 Bursa Malaysia stayed in positive territory at mid-afternoon, backed by persistent buying in healthcare stocks. At 3pm, the benchmark index FTSE Bursa Malaysia KLCI (FBM KLCI) improved 5.10 points to 1,583.43 from yesterdays...

At 3pm, the benchmark index FTSE Bursa ...

https://www.malaymail.com/news/money/2021/05/07/bursa-malaysia-stays-positive-at-mid-afternoon5/1972435

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, May 14 Wall Street ended sharply higher at the close of a broad rally on Thursday, bouncing back from three straight days of selling on upbeat labor market data. All three major US stock indexes notched solid gains, with the S&P...

File picture shows a worker cleaning the floor of the New ...

https://www.malaymail.com/news/money/2021/05/14/us-stocks-end-higher-in-buy-the-dip-session/1974016

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, May 14 The United States needs new trade law tools to head off anti-competitive threats from China against key American high-technology industries, rather than reacting once harm is done, US Trade Representative Katherine Tai said on...

Tai's remarks on Thursday add detail on her desire for ...

https://www.malaymail.com/news/money/2021/05/14/us-trade-chief-new-legal-tools-needed-to-combat-future-china-threats/1974014

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, May 15 Expect choppiness in the US economic recovery as different sectors bounce back at varying speeds, but inflation will not be a longterm problem, a top White House official said yesterday. Cecilia Rouse, chair of the...

Rouse said this weeks figures showing a leap in consumer prices, as ...

https://www.malaymail.com/news/money/2021/05/15/expect-choppiness-in-us-economic-recovery-says-white-house/1974238

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KUALA LUMPUR, May 10 The Securities Commission Malaysia (SC) and Bursa Malaysia would reinstate market management and control mechanisms, namely the dynamic and static price limits for FBM KLCI component stocks and the Bursa Malaysia circuit...

The Securities Commission building. Picture from ...

https://www.malaymail.com/news/money/2021/05/10/sc-bursa-to-end-temporary-revision-of-market-management-control-mechanisms/1973149

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KUALA LUMPUR, May 11 The ringgit fell against the US dollar in early trade today ahead of the announcement of Malaysias economic growth for the first quarter of 2021 later. At 9.01am, the local currency eased to 4.1100/1160 against the...

At 9.01am, the local currency eased to 4.1100/1160 against ...

https://www.malaymail.com/news/money/2021/05/11/ringgit-eases-against-us-dollar-in-early-trade2/1973261

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KUALA LUMPUR, May 11 Bursa Malaysia edged lower across the board this morning, weighed down by weak sentiment as the movement restrictions were extended to cover the whole country and ahead of the first quarter 2021 gross domestic product...

On the broader market, losers hammered gainers 644 to 75...

https://www.malaymail.com/news/money/2021/05/11/weak-sentiment-weighs-on-bursa-malaysia-in-early-trade/1973265

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TOKYO, May 11 Tokyos benchmark Nikkei index closed down more than three per cent today as tech shares were hit by selling pressure following a plunge in the Nasdaq on Wall Street. The Nikkei 225 index sank 3.08 per cent, or 909.75 points, to...

The Nikkei 225 index sank 3.08 per cent, or 909.75 ...

https://www.malaymail.com/news/money/2021/05/11/tokyos-nikkei-closes-down-more-than-3-per-cent-on-tech-sell-off/1973361

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LONDON, May 11 Europes major stock markets dived by more than 1.5 per cent at the open today, joining a global selloff on heightened inflation fears. Londons benchmark FTSE 100 index of top blue-chip companies sank 1.8 per cent to 6,999.21...

Londons benchmark FTSE 100 index of top blue-chip ...

https://www.malaymail.com/news/money/2021/05/11/european-stocks-sink-at-open-in-global-selloff1/1973362

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SAN FRANCISCO, May 3 Epic Games faces an uphill legal battle against Apple Inc in an antitrust trial starting today, and a defeat for the maker of Fortnite could make it harder for US government regulators to pursue a similar case against...

Win or lose at the trial, Epic Games, which has ...

https://www.malaymail.com/news/money/2021/05/03/in-apple-versus-epic-games-courtroom-battle-is-only-half-the-fight/1971180

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KUALA LUMPUR, May 3 The ringgit opened easier against the US dollar today on lack of demand for the local currency, but was mostly higher versus other emerging currencies. At 9am, the local currency stood at 4.0990/1030 against the greenback...

At 9am, the local currency stood at 4.0990/1030 ...

https://www.malaymail.com/news/money/2021/05/03/ringgit-opens-easier-against-us-dollar26/1971209

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KUALA LUMPUR, May 3 The pace of foreign net selling slowed down last week as foreign investors disposed of RM376.5 million net of local equities versus the RM490.3 million net the week before. For April 2021, Bursa Malaysia saw foreign investors...

For April 2021, Bursa Malaysia saw foreign ...

https://www.malaymail.com/news/money/2021/05/03/bank-islam-foreign-net-selling-eases-to-rm376.5-mln-last-week/1971219

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HONG KONG, May 3 Asian markets mostly fell today following a soft lead from Wall Street, hit by profit-taking and lingering inflation worries. With bourses closed in Japan and China for holidays most of the week, traders were easing back from...

Pedestrians walk past an electric quotation board ...

https://www.malaymail.com/news/money/2021/05/03/asian-markets-mostly-down-as-inflation-concerns-persist/1971300

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KUALA LUMPUR, May 3 Bursa Malaysia ended the day weaker on persistent profit-taking seen in almost all heavyweight counters, led by Top Glove, IHH and Hartalega. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 10.92 points to 1,590.73 from...

An investor monitors the stock prices in the ...

https://www.malaymail.com/news/money/2021/05/03/bursa-malaysia-ends-weaker/1971342

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OAKLAND, May 4 The chief executive of Fortnite creator Epic Games testified yesterday that he knew he was breaking Apple Incs App Store rules by putting Epics own in-app payment system into the game last year but wanted to highlight...

The trial, expected to run three weeks, brings to a head ...

https://www.malaymail.com/news/money/2021/05/04/epic-games-ceo-cites-apples-total-control-over-iphones-at-first-day-of-anti/1971428

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NEW YORK, May 4 Squarespace Inc has registered roughly 40 million shares for its direct listing in New York later this month, marking another win for advocates of the increasingly popular alternative to the initial public offering (IPO). Founded...

Squarespace joins a clutch of high-profile ...

https://www.malaymail.com/news/money/2021/05/04/squarespace-last-valued-at-us10b-sets-stage-for-direct-listing-in-new-york/1971440

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