Stock Market & Investment News

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WASHINGTON: World stocks climbed higher on Monday as investors digested new optimism from the U.S. Treasury’s top economist that inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic. Read full story

KUALA LUMPUR: Damansara Holdings Bhd (DBHD) has proposed to undertake a private placement of its shares to raise an estimated RM14.76mil for working capital purposes. Read full story

PETALING JAYA: South-East Asia’s most anticipated theme park, Genting SkyWorlds Theme Park, will be opening its door on Feb 8, 2022 Read full story

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PETALING JAYA: SME Bank has signed an agreement with SME Corp Malaysia to offer fixed working capital financing under the Working Capital@BAP facility for small and medium entrepreneurs (SMEs) affected by the Covid-19 pandemic through a fund allocation of RM50mil. Read full story

Higher shopper traffic, hotel occupancy rates seen Read full story

NEW YORK: Software company Citrix Systems said on Monday it would be taken private for $16.5 billion including debt by affiliates of Elliott Management and Vista Equity Partners, which are seeking to tap the pandemic-driven boom in cloud computing. Read full story

NEW YORK: Oil prices rose on Monday to end January with their biggest monthly gain in a year, boosted by a supply shortage and political tensions in Eastern Europe and the Middle East Read full story

WE have a lot to be grateful for when celebrating the Lunar New Year this year. We are able to once again celebrate with family and friends all while adhering to strict SOP. Read full story