News

KUALA LUMPUR: Gas Malaysia Bhd’s net profit improved marginally to RM69.29 million in the fourth quarter ended Dec 31, 2021 (Q4 2021), versus RM69.23 million in Q4 2020. Read full story

KUALA LUMPUR: Batu Kawan Bhd’s net profit jumped 72.8% to RM330.72mil in the first quarter ended Dec 31, 2021 (1Q22) from RM191.35mil a year ago. Read full story

KUALA LUMPUR: AirAsia X Bhd (AAX) posted a net loss of RM11.94 million for the second quarter ended Dec 31, 2021 (Q2 FY2022) on the back of revenue of RM119.31 million. Read full story

HONG KONG: Investors are betting on the fastest pace of interest-rate hikes since 2010 across the world’s biggest developed markets, pressuring policy makers who want to slow inflation without crash landing their economies. Read full story

Home improvement retailer poised for steady expansion Read full story

NEW YORK: Oil and gold rose on Wednesday after NATO and the United States said Russia was increasing its troop build-up near Ukraine, while a dovish reading of minutes from the last Federal Reserve meeting helped stocks close mostly flat on Wall Street. Read full story

NEW YORK: Oil prices rose more than 1% on Wednesday as investors weighed conflicting statements on the possible withdrawal of some Russian troops from around Ukraine. Read full story

NEW YORK: A former Goldman Sachs partner testified on Wednesday that “greed and ambition” drove his involvement in a bribery scheme that looted billions of dollars from Malaysia’s 1MDB sovereign wealth fund. Read full story