Ringgit Ends Lower Amid Pullback In Oil Prices

KUALA LUMPUR, Sept 30 – The ringgit closed lower against the US dollar today in line with falling oil prices amid market scepticism over the Organisation of the Petroleum Exporting Countries’ (OPEC) agreement to cut oil output. At 6pm, the ringgit was quoted at 4.1320/1390 against the greenback from 4.1220/1270 yesterday. A

Guan Eng Corruption Trial Postponed To December 6

GEORGE TOWN, Sept 30 – The Penang High Court judge Hadhariah Syed Ismail has set December 6 for the case management of Penang Chief Minister Lim Guan Eng two corruption charges after incomplete documents prevented the start today, said his lead counsel Gobind Singh Deo. He said the Attorney-General (AG) was sending them

Bursa Malaysia Closes Lower On Selling Pressure

KUALA LUMPUR, Sept 30 – Bursa Malaysia, which was spooked by a bomb scare today, saw lower trading almost across the board on selling pressure, a dealer said. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 17.09 points to end at 1,652.55, versus Thursday’s 1,669.64. After opening 2.41 points

Company Charged With Failing To Submit GST Statement

GEORGE TOWN, Sept 29 – A motorcycle spare-part distributor was charged in the Sessions Court here today with nine counts of failing to submit its Goods and Services Tax (GST) statements to the Royal Customs Department. The company, Razortech Enterprise Sdn Bhd, represented by its directors – Teoh Chin Ching, 65, Teoh

Flash Floods Again In Penang After Heavy Rain

GEORGE TOWN, Sept 29 – Several areas in the state experienced flash floods to about knee-high after three hours of continuous rain early yesterday. Among the affected areas were Jalan P.Ramlee and Jalan Perak on the island, as well as Permatang Rawa in Seberang Perai on the mainland, due to river overflow.

Canada Approves C$36b Petronas-Led LNG Project

RICHMOND, Sept 29 – The Canadian government has approved a proposed C$36 billion (RM112.6 billion) liquefied natural gas (LNG) project in northern British Columbia led by Malaysia’s Petroliam Nasional Bhd (Petronas). The green light for the Pacific NorthWest LNG project in northern British Columbia comes after a three-year wait for Petronas and

Apple UK To Move Into A New London Campus In 2021

Apple is planning to consolidate its various London offices into a single campus, come 2021. The Evening Standard broke the news today that Apple’s future home in the U.K. capital will be inside the Battersea Power Station redevelopment zone — a site that has played host to many a press launch in recent years, given the spectacular backdrop

Clinton, Trump Take Debate Battle On Critical State Swing

RALEIGH, Sept 28 – Hillary Clinton and Donald Trump battled to break out of deadlocked polls Tuesday after clashing in their first televised debate, lashing each other with insults on the campaign trail in critical states. An exuberant Clinton came out swinging, condemning her Republican rival as “dangerously incoherent” with an energy

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