Stock Market & Investment News

KUALA LUMPUR: The ringgit retreated from yesterday’s gains to open lower against the US dollar on Wednesday, owing to global geopolitical tensions, said an analyst.  Read full story

KUALA LUMPUR: There could be some near-term upsides for brewers over the near-term as the resumption of operations for bars and pubs in the country will translate to higher levels of alcohol sales, says Hong Leong Investment Bank (HLIB) research. Read full story

KUALA LUMPUR: Venture capital firm, RHL Ventures Sdn Bhd (RHL) aims to fully distribute the Hibiscus Fund which is expected to close at around RM300 million this year, half of which to be set aside for Malaysian technology-linked start-ups. Read full story

KUALA LUMPUR: The FBM KLCI ended the morning session in positive territory as investors picked up bargains following recent declines. Read full story

PETALING JAYA: KHK Group and Melbourne-based property Beulah set a new benchmark for clocking RM1.2bil sales for Australia’s most anticipated projects, STH BNK By Beulah. Read full story