Hibiscus 3Q net profit jumps 12.8 times, mainly on negative goodwill, tax credit
KUALA LUMPUR (May 28): Hibiscus Petroleum Bhd’s net profit for the third quarter ended March 31, 2018 (3QFY18) jumped by 12.8 times to RM83.1 million…
KUALA LUMPUR (May 28): Hibiscus Petroleum Bhd’s net profit for the third quarter ended March 31, 2018 (3QFY18) jumped by 12.8 times to RM83.1 million…
BOSTON (May 22): Subtropical Storm Alberto had a burst of strength as it closes on Florida’s Panhandle, where it should come ashore early Monday, and…
KUALA LUMPUR (May 28): Malaysian palm oil futures fell as much as 1.9% on Monday evening, hitting their lowest in more than a week, tracking…
BANGKOK (May 28): Airports of Thailand PCL, a major beneficiary of the country’s tourism boom, is adding new airports to its portfolio to ease demand,…
PUTRAJAYA (May 28): The Housing and Local Government Ministry is looking into setting up a one-stop online platform for government affordable housing that would enable…
BENGALURU (May 28): India’s Fortis Healthcare Ltd said on Monday it had not decided whether to re-open bidding for itself, after an offer of funding…
KUALA LUMPUR (May 28): Based on corporate announcements and news flow today, stocks in focus on Wednesday (May 30) may include the following: Malayan Banking…
PETALING JAYA (May 28): Australian developer and infrastructure firm Lendlease seeks to continue its joint venture with TRX City Sdn Bhd to develop The Exchange…
April data included new and existing home sales, both down; durable goods, down; core durable goods up; and the University of Michigan consumer sentiment index, down.
KUALA LUMPUR (May 26): Former Attorney-General Tan Sri Abdul Gani Patail, who is a former member of the steering committee that set up the Malaysian…
The dollar has returned to form, nudging higher versus the euro and yen, and most other currencies. EUR-USD is pressing on 1.1700 as the London interbank gets up an running, putting Wednesday’s six-month low at 1.1675 back in the crosshairs. The Fed remains on a tightening track while the sentiment towards the Eurozone is being […]
The dollar has been trading mixed so far today, sitting at near net unchanged levels versus the euro, firmer against the yen, the pound, and the Canadian dollar — the latter of which was weighed on by accelerating declines in oil prices — but moderately softer against the Australian dollar. EUR-USD has been re-established back […]