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KUALA LUMPUR: Foreign buying on Bursa continued for the 11th consecutive week, the longest since the 24-week buying streak which ended in May 2013, the month of the last General Election, according to MIDF Research.
SEOUL: South Korea's SK Hynix Inc on Tuesday booked record quarterly profit due to strong demand for high-tech memory chips, and said the DRAM supply shortage that has pushed up prices will continue throughout 2017
KUALA LUMPUR: AmInvestment Research is maintaining its Hold call on UMW Oil and Gas Corp (UMW-OG) with unchanged forecasts and a fair value of 65 sen a share.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday April 25.
PARIS: French executives began rallying behind Emmanuel Macron, saying the former investment banker will be a more business-friendly president than Marine Le Pen by preserving the country’s place in the European Union and easing the tax and paperwork burden on companies.
LONDON: British luxury retailer Jimmy Choo is seeking offers for the company as part of a review of its strategic options to maximise shareholder value, it said.
HO CHI MINH CITY: The first Vietnamese bank granted government approval to sell a majority stake to a foreign investor could attract an investment of at least US$700mil.
KPJ Healthcare Bhd’s proposed share split exercise is expected to improve the trading liquidity of the company and appeal to a wider base of public shareholders, according to PublicInvest Research.
PETALING JAYA: 1Malaysia Development Bhd (1MDB) and Abu Dhabi’s sovereign wealth fund, International Petroleum Investment Company (IPIC) have reached an agreement over arbitration proceedings involving two US dollar bonds amounting to US$3.5bil.
KUALA LUMPUR: Affin Holdings Bhd is “comfortable” with the bank’s current common equity tier (CET) 1 ratio of 12.8%, said group chief executive officer Kamarul Ariffin.