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KUALA LUMPUR: Investor sentiment towards Axiata turned positive after the sale of its 28.67% stake in Singapore's M1 Ltd while Dialog Group advanced after its firm earnings and upgrade by analysts.
SINGAPORE: Cash-strapped Singapore water-treatment company Hyflux Ltd. unveiled a restructuring plan that’s been highly anticipated by retail investors in the city-state, who own millions worth of the firm’s debt.
KUALA LUMPUR: Axiata Group Bhd’s sale of its ts 28.67% stake in Singapore's M1 Ltd has improved its financial headroom and the sale proceeds will help cut debt, S&P Global Ratings says in a report.
SINGAPORE: DBS Group Holdings Ltd. relied on lending to boost fourth-quarter profit as financial-market turbulence hit its trading, wealth and investment banking operations.
KUALA LUMPUR: The FBM KLCI retraced some of its earlier gains by midday but remained ahead of the previous close as global equities surged on renewed optimism.
KUALA LUMPUR: The ringgit was higher against the US dollar in early session today on better demand for the local note, said a dealer.
KUALA LUMPUR: JF Apex Research expects Axiata Group Bhd, Luxchem Corp Bhd, London Biscuits Bhd and APFT to see trading interest following its latest corporate news.
SINGAPORE: Oil prices rose to their highest levels in 2019 on Monday, lifted by OPEC-led supply cuts and by U.S. sanctions on Iran and Venezuela.
Malaysians are falling hard for online love scammers.
MONTREAL/SEOUL (Reuters) - The United States has blocked efforts by a U.N. agency to improve civil aviation in North Korea at a time when Pyongyang is trying to reopen part of its airspace to foreign flights, three sources familiar with the matter told Reuters.