Stock Market & Investment News
-
-
-
-
-
-
-
-
-
CGS-CIMB maintains 2022 GDP forecast at 5.6% y-o-y
KUALA LUMPUR: CGS-CIMB is maintaining its 2022 growth forecast for Malaysia’s gross domestic product (GDP) at 5.6 per cent year-on-year (y-o-y). Read full story
-
Yinson remains on growth path
KUALA LUMPUR: Despite a weaker FY22 earnings result, Yinson Holdings Bhd’s long-term prospects remain intact as it continues to seek growth opportunities in the FPSO and renewables segments, said Kenanga Research. Read full story
-
FBM KLCI bounces higher on bank, oil counters
KUALA LUMPUR: The FBM KLCI ended the morning session higher after bouncing back from mild losses earlier in the day. Read full story
-
China oil giant CNOOC plans $5.5 bln Shanghai listing amid heightened geopolitical risks
SHANGHAI: CNOOC Ltd, China’s top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a public share sale in Shanghai next month to fund oil and gas excavation as Beijing prioritises energy security amid rising geopolitical risks. Read full story