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NEW YORK: The FAANG stocks have already seen double-digit gains so far this year, but one analyst expects the rally to continue for at least three of the five companies, with their upcoming quarterly results seen as the primary positive catalyst.
PARIS: French media conglomerate Vivendi posts higher first-quarter revenue, saying it is forging ahead with the planned sale of up to 50% of its UMG music arm.
KUALA LUMPUR: Sapura Energy Bhd, LKL International Bhd, Cypark Resources Bhd, FGV Holdings Bhd and MMC Corp Bhd are among the stocks to watch, according to JF Apex Research.
NEW YORK: U.S. stocks closed near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would dampen Wall Street's big rally back from last year's slump.
LOS ANGELES: Walt Disney Co.’s new streaming service will cost $7 a month when it debuts Nov. 12, a gambit that the entertainment giant can undercut Netflix Inc. in an increasingly crowded field.
PETALING JAYA: Malaysia has become a key player at the World Federation of Advertisers (WFA) , boosting its profile as a major advertising market at Global Marketer Week 2019.
Securities Industry Development Corporation (SIDC) is hosting a Future Business Ideas (FBI) 2019 Conference happening on April 24, 9am at Securities Commission Malaysia with the tagline “Business Innovation Re-Imagined” and the Government of Sarawak, Chief Minister Department advisor Ehon Chan as the event’s moderator.
HONG KONG: Chinese video platform Bilibili has launched a convertible bond sale and a follow-on share offering that could raise around US$621mil combined in a return to the capital markets just over a year after it went public in New York.
LAS VEGAS: As movie theatre owners converge on Las Vegas for their annual convention, one topic that keeps coming up is how they contend with a company that has resisted their traditional business model: Netflix Inc.
BANKERS in Asia are betting on newly-listed companies returning to the markets for fresh capital as last year’s flood of initial public offerings (IPOs) slows to a trickle, with 2019 seeing the weakest start in equity sales in three years.