NST Online Business Times : latest
NST Online Business Times : latest |
| Ringgit opens higher against US dollar Posted: 10 Oct 2013 07:09 PM PDT The ringgit opened higher against the US dollar this morning on strong buying interest for the local unit, dealers said. It was quoted at 3.1865/1895 against the greenback from Thursday's 3.1900/1930. One dealer said investors' confidence in the ringgit was growing on expectation that it would appreciate by five per cent by year-end. However, against other major currencies, the ringgit was traded mixed.
The local currency fell against the British pound to 5.0888/0949 from 5.0839/0900 on Thursday and versus the euro, it rose to 4.3081/3128 from 4.3175/3229 on yesterday.-- Bernama |
| Hyundai wins Petronas' order for LNG carriers Posted: 10 Oct 2013 07:17 PM PDT SEOUL: South Korea's Hyundai Heavy Industries said Friday it has secured a US$850 million order to build four LNG carriers for Malaysian oil company Petronas. The world's largest shipbuilder said it would deliver the double-hulled LNG tankers from the second half of 2016. The contract includes an option to order four additional LNG carriers, it said. Hyundai said its total orders, including the deal with Petronas, have reached US$20.7 billion so far this year, or 87 per cent of its annual target of US$23.8 billion.-- AFP
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