Stock Market & Investment News

KUALA LUMPUR: Bumi Armada Bhd net profit soared to RM574.07mil in the financial year ended Dec 31, 2021 (FY21) from RM125.57mil in FY20. Read full story

NEW YORK: Stocks around the world rebounded on Friday, the U.S. dollar fell and oil prices dipped as investors welcomed talk of renewed diplomacy after Russia’s invasion of Ukraine, and as coordinated Western sanctions left Russia’s energy sector largely untouched. Read full story

LONDON/NEW YORK: The United States, Britain and European Union leaders are targeting Russian banks as part of a new package of sanctions following Moscow’s invasion of Ukraine. Here is a rundown of how sanctions which have already been announced impact banks and investors: Read full story

NEW YORK: Oil prices slipped Friday after sharp rises early in the session on concern over potential global supply disruptions from sanctions on major crude exporter Russia. Read full story

NEW YORK: Goldman Sachs Group Inc said on Friday the U.S. Securities and Exchange Commission was investigating it over employees using communication channels not approved by the company. Read full story

WASHINGTON: The United States on Thursday imposed sanctions on Russia in retaliation for its invasion of Ukraine, targeting major banks and members of the elite coupled with new export control measures Read full story