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NEW YORK: Money managers curbed their enthusiasm for oil just before the US benchmark price surged to almost US$70 a barrel.
TOKYO: International Flavors & Fragrances Inc agreed to acquire Israeli flavour maker Frutarom Industries Ltd in a deal valued at US$7.1bil including debt in what’s set to be the largest transaction in the rapidly-consolidating food flavoring industry.
HONG KONG: Investors couldn’t get enough of Ping An Healthcare & Technology Co’s initial public offering (IPO). Now they can’t get out fast enough.
KUALA LUMPUR: Kenanga Research has upgraded SLP Resources Bhd to “outperform” with an unchanged target price of RM1.30 as it expects better performance in the coming quarters.
KUALA LUMPUR: Affin Hwang Capital Research has upgraded Kossan Rubber Industries Bhd to a buy call despite lowering its earnings forecast due to slower-than-expected plant expansion.
KUALA LUMPUR: Kenanga research views the land swap deal between DBKL and the SP Setia-Tradewinds joint venture as positive in the longer-term with no immediate-term earnings impact.
PETALING JAYA: Datuk Seri Najib Tun Razak says implementing the Goods and Services Tax (GST) was the hardest decision he ever had to make since he became prime minister in 2009.
KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS
KUALA LUMPUR: Tan Chong Motor Holdings Bhd, Ranhill Holdings Bhd, Three-A Resources Bhd, Eden Inc and SP Setia Bhd are among the stocks to watch, according to JF Apex Research.
US President Trump says he will announce a decision on Iran sanctions Tuesday afternoon