Stock Market & Investment News
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EVENING 5: Five things you need to know today
EVENING 5: Astro, TM to announce deals with Disney+? Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1….
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Duopharma, Tashin, SCIB, UEM Edgenta, Minetech, Handal Energy, SHH Resources
KUALA LUMPUR (May 3): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (May 4) include Duopharma Biotech Bhd,…
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Bill and Melinda Gates to divorce after 27 years of marriage
(May 4): Bill and Melinda Gates said on Monday that they were divorcing after 27 years of marriage. At stake is one of the largest fortunes…
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CTOS seeks Main Market listing; IPO to offer 1.1 bil shares
Of the 1.1 billion shares to be offered to the investing public, 900 million will come from existing shareholders, while the remaining 200 million will…
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Apollo’s US$5b bet on Yahoo aims to go beyond advertising
(May 4): Apollo Global Management Inc.’s $5 billion deal for Verizon Communications Inc.’s media unit will create a new entity dubbed Yahoo, and while the name is losing…
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KLCI posts modest gains in early trade
KUALA LUMPUR (May 4): The FBM KLCI rose 0.1% in early morning trade amid mixed regional performance. As at 9.04am, the benchmark index was up 0.18 point at 1,590.55…
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Astro to be exclusive distributor of Disney+ Hotstar streaming service in Malaysia
KUALA LUMPUR (May 4): Astro Malaysia Holdings Bhd will be the exclusive distributor of the Disney+ Hotstar streaming service in Malaysia, which will be launched…
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Plantation counters see higher interest following rise in CPO prices
KUALA LUMPUR (May 4): Plantation counters on Bursa Malaysia demonstrated greater interest from investors this morning after crude palm oil (CPO) prices rallied even further. As of…
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CIMB Group’s first digital securities issuance
KUALA LUMPUR (May 4): Financial services provider CIMB Group Holdings Bhd’s indirect 50%-owned associate CGS-CIMB Securities (Singapore) Pte Ltd has issued its first debt instrument in…
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U.S. and Britain tell China and Russia: the West is not over yet
(May 4): The Group of Seven western democracies aims to court new allies to counter challenges from China and Russia without holding Beijing down and…