PUTRAJAYA: Malaysia’s Naza Corp Holdings and France’s Group PSA have inked a deal to jointly produce Group PSA-branded cars in Malaysia and Asean.
KUALA LUMPUR: The ringgit slightly rebounded to be higher against the US dollar early Monday, on renewed interest on the emerging currencies, said dealers.
KUALA LUMPUR: Global investors entered Malaysia for the second week in a row but at a heightened pace, according to MIDF Research.
KUALA LUMPUR: Affin Hwang Capital Research has raised its target price for Felda Global Ventures Holdings Bhd (FGV) from RM2.09 to RM2.26 and kept its Buy call.
KUALA LUMPUR: Investor sentiment firmed up early Monday on continued buying interest in Public Bank while key Asian markets displayed a resilient mood.
KUALA LUMPUR: Shares of Dayang Enterprise Holdings Bhd fell 9% after the company swung back into the red in the fourth quarter ended Dec 31, 2017.
KUALA LUMPUR: Metro Healthcare Bhd rose to a high of 33 sen when it made its debut on the LEAP Market of Bursa Malaysia on Monday.
KUALA LUMPUR: Shares in Scientex Bhd rose 2% in early trade Monday, boosted by its acquisition of Klang Hock Plastic Industries Sdn Bhd for RM190mil cash.
KUALA LUMPUR: Kenanga Research said Notion Vtec Bhd's 1Q18 core net loss (CNL) of RM10.2mil missed expectations on operational deleveraging and higher material prices, and forecast FY18E CNL of RM22.5mil before a recovery in FY19E.
KUALA LUMPUR: Scientex Bhd, Vsolar Group Bhd, WTK Holdings Bhd, Ann Joo Resources Bhd and IOI Corp Bhd are among the stocks to watch on Monday, according to JF Apex Research.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Feb 26.
KUALA LUMPUR: Kenanga Research said IOI Properties Group Bhd's 1H18 core net profit of RM354mil missed expectations due to weaker-than-expected local billings.
KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS
SYDNEY: Asian markets were in a guardedly upbeat mood on Monday, heading into an event-packed week headlined by U.S. inflation data and the first House testimony by the new head of the Federal Reserve.
TOKYO: Oil prices held little changed near two-week highs early on Monday, supported by comments from Saudi Arabia that it would continue to curb exports in line with the OPEC-led effort to cut global supplies
Chinese authorities are listening to offers for the Anbang properties it seized late last week
KUALA LUMPUR: YTL Corporation Bhd’s core net profit for the first half ended Dec 31, 2017 was below expectations due to higher finance cost, says CIMB Equities Research.
KUALA LUMPUR: CIMB Equities Research forecasts a tepid 2% growth in total industry volume (TIV) for the automobile sector in 2018, driven by stronger sales in the passenger vehicle (PV) segment from both domestic (+2%) and foreign (+3%) brands.
KUALA LUMPUR: CIMB Equities Research is retaining its Reduce outlook on Sime Darby with an unchanged sum of parts based target price of RM2.42 per share. Its last traded price was RM2.80.
BERLIN: Daimler and its Chinese partner BAIC plan to invest almost US$2 billion in a state-of-the-art factory in China, underlining their relationship as rival Geely makes a surprise swoop on the German carmaker.