Stock Market & Investment News
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Axiata to announce partnership for digital banking licence bid soon, says CEO
KUALA LUMPUR (Feb 25): Axiata Group Bhd has agreed to partner with a company for its bid for a digital banking licence and will be…
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All four 1MDB-related charges against ex-banker Roger Ng to be tried together
KUALA LUMPUR (Feb 25): All four charges against former Goldman Sachs banker Roger Ng will be tried together before High Court judge Datuk Muhammad Jamil…
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Sime Darby Property's 4Q net loss narrows q-o-q with gradual recovery in property development
KUALA LUMPUR (Feb 25): Sime Darby Property Bhd narrowed its net loss to RM55.93 million in the fourth quarter ended Dec 31, 2020 (4QFY20), from…
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Covid-19: New cases drop to 1,924 — lowest in 51 days
KUALA LUMPUR (Feb 25): Malaysia’s daily new Covid-19 cases dropped to 1,924 today — the lowest level in 51 days, according to the Ministry of…
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KLCI rises 1.54% on corporate earnings optimism
KUALA LUMPUR (Feb 25): The FBM KLCI closed 23.99 points or 1.54% higher at 1,581.54 today as optimism on corporate earnings boosted investor sentiment. There was…
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PPB 4Q net profit rises on Wilmar contribution, declares 38 sen dividends
KUALA LUMPUR (Feb 25): PPB Group Bhd’s fourth-quarter (4Q) net profit increased 10.13% to RM385.39 million from RM349.95 million a year earlier, partly helped by…
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Genting returns to the black in 4Q, proposes 8.5 sen dividend
KUALA LUMPUR (Feb 25): Genting Bhd returned to the black in the fourth quarter ended Dec 31, 2020 (4QFY20) to RM24.98 million from a net…