News

KUALA LUMPUR: Berjaya Food Holdings Bhd’s recovery momentum is expected to accelerate with the reopening of the country’s borders on April 1. Read full story

NEW YORK: Oil prices fell on Sunday at the start of the session, extending last week’s decline, as a U.S. official said Russia was showing signs it might be willing to have substantive negotiations over Ukraine. Read full story

FORT COLLINS, Colo.: Many speculators were on the wrong side of the Chicago wheat market when Russia invaded Ukraine and therefore unprepared for last week’s price action in the futures market. Read full story

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VERSAILLES: European Union (EU) leaders have pledged to cut their dependence on global suppliers of food, microprocessors, drugs, raw materials and digital technologies, as Russia’s invasion of Ukraine added a new argument for the EU to be more self-reliant. Read full story

KUALA LUMPUR: Stocks with recent corporate news flow that may see investor interest on Monday include UEM Edgenta, Velesto Energy, CBIP, Scientex Packaging, Advance Synergy and Fast Energy, said JF Apex Research. Read full story

KUALA LUMPUR: The domestic market stayed mostly flat in early morning trade amid ongoing market volatility as investors watch for more developments in the Russia-Ukraine conflict and ahead of the US Federal Reserve’s monetary policy decision later this week. Read full story

KUALA LUMPUR: Bursa Malaysia recorded net foreign inflow for a fifth straight week to the tune of RM649mil despite the prevailing weak investor sentiment in regional markets. Read full story

KUALA LUMPUR: With a new Petronas Carigali contract in the bag, Velesto Bhd could be on course to turning profitable amid the pick-up in activity in the oil and gas space. Read full story

KUALA LUMPUR: The ringgit opened lower against the US dollar on Monday as risk off impulses hit demand for the local currency. Read full story

KUALA LUMPUR: Offshore support outfit Icon Offshore Bhd expects to chart a better financial performance for the year ending Dec 31, 2022 (FY2022) on the back of higher demand for its services as well as the uptick in the daily charter rate (DCR). Read full story