Stock Market & Investment News

KUALA LUMPUR: Real estate technology group Juwai IQI expects the recovery in the property market to begin in the first half (1H) of 2022 as purchases of both new and second-hand residences increase.  Read full story

NEW DELHI: Oil prices firmed on Monday as the market kicked off 2022 on a positive note with suppliers in focus ahead of Tuesday’s OPEC+ meeting, although surging COVID-19 cases continued to dent demand sentiment. Read full story

LONDON: Manufacturing activity in the euro zone remained resilient at the end of 2021 as factories took advantage of an easing in supply chain bottlenecks and stocked up on raw materials at a record pace, a survey showed. Read full story

KUALA LUMPUR: Bursa Malaysia ended the first trading day of 2022 on a mixed note as the key index remained in negative territory on the back of continuous selling among the heavyweights, while on the broader market, gainers outnumbered losers. Read full story

KUALA LUMPUR: Maybank has announced that Datuk Sri Abdul Farid Alias will not be seeking a renewal of his contract as group president and CEO, which is set to expire on Aug 1, 2022. Read full story

KUALA LUMPUR: Serba Dinamik Holdings Bhd (SDHB) said it will be issuing its 2021 annual report by Jan 6 this year as it needs more time to update “statements or reports in the annual report and make arrangements for printing.” Read full story

KUALA LUMPUR: Boustead Holdings Bhd has appointed Datuk Seri Mohd Redzuan Md Yusof as its new independent non-executive chairman to accelerate the group reinvention and environmental, social and corporate governance (ESG) agenda for 2022. Read full story

KUALA LUMPUR: Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has appointed Hazman Hilmi Sallahuddin as its new chief investment officer effective Jan 3, 2022. Read full story

KUALA LUMPUR: Advancecon Holdings Bhd’s 30%-owned Advancecon Sarawak Sdn Bhd has accepted a contract from Yayasan Sarawak for a proposed development on Lot 501 Salak Land District in Kuching, Sarawak, for RM32.38mil. Read full story

PETALING JAYA: AirAsia Group Bhd is proposing to change its name to Capital A Bhd. Read full story