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Joseph Chin

Recent and archived articles by Joseph Chin

6 May 2019 | 5:30 PM

Key Asian markets bloodied after Trump's threat, KLCI off lows


KUALA LUMPUR: Key Asian markets were routed on Monday after US President Donald Trump issued more tariff threats against China but Bursa Malaysia managed to close off its intra-day lows.

6 May 2019 | 1:28 PM

Axiata, Telenor merged Asian ops' proforma revenue to exceed RM50b

KUALA LUMPUR: The proposed merger of Axiata Group Bhd and Telenor ASA's Asian operations in Asean and South Asia will create a global champion with proforma revenue of more than RM50bil.

Axiata said in a statement on Monday the new merged entity's (MergedCo) earnings before interest, taxes, depreciation & amortisation (Ebitda) would be more than RM20bil.
6 May 2019 | 1:03 PM

Trump threat sends Bursa, key Asian markets into the red

KUALA LUMPUR: Asian markets including Bursa Malaysia on Monday reeled from US President Donald Trump's fresh threat against China to raise tariffs on Chinese imports this week.

6 May 2019 | 9:24 AM

KLCI slumps on Trump’s fresh threat, US futures slide

KUALA LUMPUR: Blue chips fell in early Monday trade, tracking the worried key Asian markets after US President Donald Trump’s threat to hike US tariffs on US$200bil worth of Chinese goods this week and targeted hundreds of billions more.

3 May 2019 | 6:02 PM

Positive data lifts KLCI out of the red

KUALA LUMPUR: Positive March trade data and encouraging news from Axiata provided some relief to the market on Friday, increasing investors' risk appetite as the FBM KLCI reversed out of it early losses.

3 May 2019 | 9:41 AM

Lacklustre start for Bursa as banks weigh

KUALA LUMPUR: Blue chips got off to a lacklustre start on Friday, continuing from the previous day in the absence of strong leads, with Hong Leong Bank and Public Bank weighing on the FBM KLCI.

2 May 2019 | 5:57 PM

Weak closing for KLCI, cement players surge

KUALA LUMPUR: Blue chips ended the first trading day of May in the red on losses by Digi, Press Metal and Sime Plantation amid a weaker broader market, tracking the key Asian markets.

2 May 2019 | 3:43 PM

RHB small cap jewels: AWC, CCM, Dancomech, Guan Chong, Revenue Group

KUALA LUMPUR: AWC Bhd, Chemical Company of Malaysia Bhd, Dancomech Holdings Bhd, Guan Chong Bhd and Revenue Group Bhd are the five companies in RHB Investment Bank Bhd's “Top Malaysia Small Cap Companies 20 Jewels 2019” book.

(From left) Azura Azman, Head of Group Wholesale Equities, RHB Investment Bank Berhad; Robert Huray, CEO of RHB Investment Bank Berhad; Aik Cwo Shing, Executive Director of Dancomech Holdings Berhad; Nik Fazila Nik Mohamed, Group MD of Chemical Company of Malaysia Berhad; Loo Tak Kheong, CEO of Revenue Harvest, Revenue Group Berhad; Richard Voon, Group CFO of AWC Berhad; Alexander Chia Hock Lon, Head of Regional Equity Research, RHB Institute Sdn Bhd; Hia Cheng, Group CFO/Executive Director of Guan Chong Berhad at the launch of RHB Small Cap Book, 20 Jewels 2019 Edition.
2 May 2019 | 9:33 AM

Cautious start to new trading month of May as MAHB weighs

KUALA LUMPUR: The new trading month of May started on a cautious note with the FBM KLCI weighed down by MAHB, Digi and Maxis but there was some nibbling seen in banks and Tenaga Nasional.

30 Apr 2019 | 9:20 AM

KLCI slips as HL Bank, Tenaga weigh

KUALA LUMPUR: Bursa Malaysia was in the red at the start of Tuesday trade, in line with the cautious key Asian markets, while weighing down the FBM KLCI were Hong Leong Bank and Tenaga Nasional.