Stock Market & Investment News

KUALA LUMPUR: Bursa Malaysia traded sideways today with selling interspersing with buying as investors’ sentiment stayed cautious. Read full story

SINGAPORE: Oil prices eased on Tuesday ahead of the resumption of indirect talks between the United States and Iran which may revive a nuclear deal that could lead to the removal of sanctions on Iranian oil sales, increasing global supplies. Read full story

KUALA LUMPUR: The Life Insurance Association of Malaysia (LIAM) has called upon former life insurance agents who have received an e-mail to participate in the ‘Study on Turnover of Agents’ to respond to the survey questions by Feb 15, 2022. Read full story

KUALA LUMPUR: Affin Bank Bhd and Affin Islamic Bank Bhd have exchanged a memorandum of agreement (MoA) with the Northern Corridor Implementation Authority (NCIA) to foster the economic development and sustainability of start-ups and small and medium enterprises (SMEs) in the northern region. Read full story

KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&N), which saw its net profit fall 32% to RM92.95mil in the first quarter ended Dec 31, 2021 (1Q22), expects the environment to remain challenging moving forward. Read full story

KUALA LUMPUR: Aemulus Holdings Bhd reported a three-fold increase in net profit to RM4.53mil in the first quarter ended Dec 31 (1Q22), compared with RM1.5mil posted a year ago. Read full story

KUALA LUMPUR: The High Court has allowed with cost Tenaga Nasional Bhd’s (TNB’s) judicial review application to set aside the Inland Revenue Board’s (IRB) notice of additional assessment of RM1.81bil dated July 13, 2020 for the year of assessment 2018. Read full story

KUALA LUMPUR: YTL Power International Bhd has divested its 33.5% stake in ElectraNet Pty Ltd in Australia to Australian Utilities Pty Ltd as trustee of Australian Utilities Trust for a sale consideration of A$1.026bil (approximately RM3.075bil). Read full story

KUALA LUMPUR: Bursa Malaysia Bhd and HSBC Amanah Malaysia Bhd has entered into a memorandum of understanding (MoU) to collaborate on an initiative aimed at improving Malaysian public listed companies’ (PLCs) environmental, social and governance (ESG) adoption practices.  Read full story