Stock Market & Investment News

KUALA LUMPUR: The ringgit has extended its positive run against the US dollar on improving risk appetite for the local currency, an analyst said. Read full story

Some 77.5 million PCs were sold worldwide in Q1 2022, down 7.3% from the same period in 2021, Gartner reports. Read full story

KUALA LUMPUR: Investors could consider positioning themselves in Bursa Malaysia Bhd given the heightened probability of a general election over the horizon, said Hong Leong Investment Bank (HLIB) research. Read full story

KUALA LUMPUR: The FBM KLCI was mildly higher at midday as the start of the US corporate earnings season helped to lift the mood in global markets. Read full story

KUALA LUMPUR: LPI Capital Bhd’s net profit for the first quarter ended March 31, 2022, fell 25.25% to RM61.53mil from the same quarter a year ago owing to a higher claims ratio and a lacklustre performance in the investment portfolio. Read full story

KUALA LUMPUR: PPB Group Bhd (PPB), the owner of Golden Screen Cinemas Sdn Bhd (GSC) is optimistic that lifting of movement controls, relaxation of social restrictions and a strong line-up of movie blockbusters would boost cinema admissions. Read full story

KUALA LUMPUR: Industrial automation solutions provider Greatech Technology Bhd is looking for potential partners to expand its footprint in the European market. Read full story

KUALA LUMPUR: Finance Minister Datuk Seri Zafrul Abdul Aziz has called on entrepreneurs to utilise the business tax cuts provided for in Budget 2022. Read full story

TAIPEI: Taiwanese chip firm TSMC posted a 45% jump in quarterly net profit on Thursday, boosted by booming semiconductor demand during the COVID-19 pandemic that has led to a global chip crunch. Read full story