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KUALA LUMPUR: Shares in Pharmaniaga Bhd continued to slide in early Friday trade on news that concession for Health Ministry (MOH) will end.
NEW YORK: They run the world’s most profitable company, oversee one-tenth of global oil output and their decisions help shape the fate of a nation. Their paychecks, however, are a little less grandiose.
SINGAPORE: Malaysian palm oil futures tumbled on Friday, weighed by a stronger ringgit and as panic buying on supply shortage worries eased.
The jewel in Scomi Group Bhd’s companies is its oil and gas arm - Scomi Energy Services Bhd. However, the problems of the parent company have left a deep cut on Scomi Energy.
KUALA LUMPUR: Affin Hwang Capital Research retains Buy calls on Dialog, Serba Dinamik, Velesto Energy, Bumi Armada and Kelington as it maintains its Neutral stance on the oil and gas sector.
KUALA LUMPUR: The FBM KLCI managed to penetrated the crucial 1,600 level early Monday on some buying support of Petronas linked stocks, as investors's sentiment perked up, in line with key Asian markets.
NEW YORK: After a year-long struggle with bond markets, the Trump administration, and each other, Federal Reserve policymakers found their way to a compromise this week with a rate cut that even the White House said had put monetary policy in a much better place.
NEW YORK: After a year of tough headlines, the world’s biggest technology companies showed this week that they’re powering through, continuing to rake in cash and invest in future growth as demand for their goods and services shows little sign of slacking.
KUALA LUMPUR: Malaysian Ratings Corporation Bhd (MARC) has assigned its rating of A+IS to DRB-Hicom Bhd’s proposed Islamic medium-term notes programme (Sukuk programme) with a nominal value of up to RM3.5bil.