Stock Market & Investment News
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Trump returns with a flourish to CPAC, where all voices echo his
(Feb 26): Former President Donald Trump will reassert himself as the Republican Party’s undisputed leader with a weekend speech to conservatives that highlights the disconnect between…
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KLCI closes lower as investor sentiment weighed by overnight tech sell-off on Nasdaq
KUALA LUMPUR (Feb 26): The FBM KLCI finished 0.24% lower today, as broader market sentiment was weighed down by the tech sell-off on Wall Street,…
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Asset impairments, low oil prices drag Petronas into first-ever annual loss of RM21b in FY20
KUALA LUMPUR (Feb 26): Petroliam Nasional Bhd (Petronas) posted its first-ever annual loss of RM21 billion for the financial year ended Dec 31, 2020 (FY20),…
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AmBank to pay RM2.83b settlement over group's involvement in 1MDB corruption scandal
KUALA LUMPUR (Feb 26): AMMB Holdings Bhd has agreed to pay RM2.83 billion to the Malaysian government as settlement on all outstanding claims and actions…
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Covid-19: New cases rise to 2,253 with 11 more deaths
KUALA LUMPUR (Feb 26): Malaysia has recorded a jump in the number of daily confirmed Covid-19 cases today to 2,253, from 1,924 yesterday, pushing the…
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EVENING 5: Five things you need to know today
EVENING 5: Ambank to pay RM2.83b in 1MDB settlement Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1….