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KUALA LUMPUR: Maybank Investment Bank research has maintained its earnings forecasts and "buy" call on Sime Darby Property Bhd following a briefing over the company's recent earnings results and plans to mitigate the disruption arising from the movement control order.
KUALA LUMPUR: Shares in Genting Malaysia Bhd slid after news that the group is cutting jobs and restructuring its operations.
KUALA LUMPUR: Maybank Investment Bank research remains positive over the long-term outlook of Magnum Bhd as it expects the numbers forecast operator to continue being profitable and paying dividends.
KUALA LUMPUR: Stocks to watch on Wednesday include Key Alliance Group Bhd, Hengyuan Refining Company Bhd, My E.G Services Bhd, Uzma Bhd, Censof Holdings Bhd and Genting Malaysia Bhd, according to JF Apex Research.
SAN FRANCISCO: Twitter on Tuesday for the first time prompted readers to check the facts in tweets sent by U.S. President Donald Trump, warning his claims about mail-in ballots were false and had been debunked by fact checkers.
TOKYO: Suzuki Motor posted its lowest annual operating profit in four years as the coronavirus pandemic hit demand for its cars, but the earnings beat estimates and the Japanese automaker raised its dividend, sending its shares surging.
PETALING JAYA: Inari Amertron Bhd is expected to post better earnings in the first half of the financial year ending June 30,2021 (FY21), stimulated by the launch of new smartphone and greater adoption of 5G phones, say analysts.
AGAINST a highly challenging global economic outlook, a global recession looks imminent. The Malaysian economy is expected to see a contraction of -2% at its worst and growth of 0.5% at its best in 2020, compared with 4.3% in 2019.
PETALING JAYA: KSK Group Bhd, best known for its 8 Conlay branded residential development in Kuala Lumpur, is eyeing new projects both domestically and internationally.
PETALING JAYA: MBM Resources Bhd’s strong balance sheet is expected to help steer the company through the economic uncertainties and challenges that lie ahead.