More Supplies Needed As Villagers Flee Vanuatu Volcano

WELLINGTON, Sept 27 – Villagers fleeing a volcanic eruption in Vanuatu face food and water shortages in overcrowded evacuation camps, aid workers and reports said Wednesday. About 7,000 people on the island of Ambae – in the Pacific archipelago’s north – have left their homes after the Manaro Voui volcano rained rocks

PIVB: Oil Price To Balance At US$50 In 2H17

KUALA LUMPUR, Sept 27 – Public Investment Bank Bhd (PIVB) has reinforced its “overweight” view on the oil and gas (O&G) sector after the overnight benchmark Brent crude oil price closed at US$58.44 per barrel, hitting its highest levels since July 2015. In a note today, the research house said the

Bursa Malaysia Mixed At Mid-Morning

KUALA LUMPUR, Sept 27 – Lack of fresh catalysts weighed on Bursa Malaysia which turned mixed at mid-morning. At 11.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.35 points lower at 1,764.24 from Tuesday’s close of 1,765.59. The index opened 2.03 points better at 1,767.62. Market breadth was positive

Sept 27: RM At 4.21 Against USD

KUALA LUMPUR, Sept 27 – The ringgit continued yesterday’s downtrend to opened lower against the US dollar this morning as the greenback strengthened on the possibility of another interest rate hike before the year-end, dealers said. At 9am, the local unit depreciated to 4.2150/2190 from 4.2050/2080 recorded at 6pm yesterday. The US

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