Stock Market & Investment News
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Majority of CEOs don’t expect a return to ‘normal’ until 2022 — KPMG survey
KUALA LUMPUR (March 29): A year after the pandemic broke out, 45% out of 500 chief executive officers surveyed globally are not expecting things to…
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KLCI ends with 0.6% gain, sentiment boosted by export numbers
KUALA LUMPUR (March 29): After remaining range bound in cautious trading, the FBM KLCI recovered to close at the day’s high following the announcement of…
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Goldman U-turn on Hwang put bank at nexus of margin call
Hwang’s Archegos Capital Management was forced by its lenders to dump more than US$20 billion of stocks on Friday in a series of market-roiling trades…
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AirAsia books wider-than-expected 4Q net loss of RM2.4b
KUALA LUMPUR (March 29): AirAsia Group Bhd posted a bigger-than-expected net loss of RM2.44 billion for the fourth quarter ended Dec 31, 2020 (4QFY20), after…
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Tan Chong Motor to settle RM180m customs bill out of court
KUALA LUMPUR (March 29): Tan Chong Motor Holdings Bhd said it will be settling its RM180 million Royal Malaysian Customs Department (RMCD) bill out of…
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EVENING 5: Five things you need to know today
EVENING 5: CBP: Top Glove products made using forced labour Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know…
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HSR: Malaysia pays RM320 mil as compensation to Singapore
KUALA LUMPUR (March 29): Malaysia has paid SG$102.8 million (RM320.27 million) to Singapore for costs incurred for the development of the Kuala Lumpur-Singapore High-Speed Rail…