Stock Market & Investment News

KUALA LUMPUR: UEM Sunrise Bhd has partnered with Affin Bank Bhd in the ‘Home Step Fast/i’ campaign to offer financing solutions to home buyers. Read full story

KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) wholly-owned subsidiary TNB Power Generation Sdn Bhd (TPGSB) has issued RM1.5 billion worth of Sustainability Sukuk Wakalah under its Islamic medium-term notes programme of up to RM10 billion in nominal value. Read full story

KUALA LUMPUR: Unitrade Industries Bhd, which is slated to be listed on the Ace Market of Bursa Malaysia on June 14, said the public portion of its initial public offering (IPO) has been oversubscribed by 2.35 times. Read full story

KUALA LUMPUR: Alliance Bank Malaysia Bhd (Alliance Bank) plans to provide an additional RM200 million in Digital SME loans this year to help small and medium enterprises (SMEs) grow their business. Read full story

KUALA LUMPUR: There will be no changes to the constituents of the FTSE Bursa Malaysia KLCI (FBM KLCI), following the semi-annual review of the FTSE Bursa Malaysia Index Series. Read full story

KUALA LUMPUR: Trading of Fraser & Neave Holdings Bhd’s (F&N) shares on Bursa Malaysia will be suspended from 9am on June 3 pending a material announcement. Read full story

PETALING JAYA: Global semiconductor equipment billings grew 5% year-over-year to US$24.7 billion in the first quarter of 2022, according to US-based Semiconductor Equipment Manufacturers Industry (SEMI). Read full story

WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week as demand for labor remained strong, helping to underpin the economy amid rising interest rates and tightening financial conditions. Read full story