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Kurnia profit up on stronger underwriting
PETALING JAYA: Kurnia Asia Bhd posted a net profit of RM26.4mil for the third quarter ended March 31 compared with a net loss of RM25.4mil in the previous corresponding period, thanks to positive underwriting performance and stronger investment performance.
Aviation stocks fly high despite woes in sector
PETALING JAYA: Despite the troubles that the aviation industry has encountered, airline stocks seem to have caught the fancy of investors and traders recently.
Emerging stock markets continue to perform
PETALING JAYA: Emerging stock markets should continue to perform as their economies have suffered a more 'normal cyclical' slowdown as opposed to a 'structural' recession in the developed world.
M3 grew at a faster pace in October
KUALA LUMPUR: Broad money (M3) grew at a faster annual pace of 9.2% in October, Bank Negara said in its latest Monetary and Financial Developments report Wednesday.
MPHB Capital aims to be among top insurance providers
PETALING JAYA: MPHB Capital Bhd, a spin-off of Multi-Purpose Holdings Bhd's (MPHB) non-gaming assets, aims to position itself as one of the top 10 general insurance providers based on gross premiums by end-2015.
No sustained deflation or inflation in medium term
INVESTORS nowadays are extremely confused over everything. They do not seem to know what they are wishing for. Take inflation for example. On the one hand, some investors are fearful that inflation will quickly give way to deflation.
RHB Research: Focus on Malaysian REITS
RHB Research Institute encourages investors to focus on Malaysian real estate investment trusts (REITs) with acquisition growth catalysts, which it has yet to factor into its forecasts and valuations.
O&G stocks at attractive level
Valuations of oil and gas stocks, whose shares suffered severe losses this year amid weak sentiment, post-election shock and further negative newsflow from the US, have become attractive at their current prices.
RHB Capital and Southern Bank net profits sharply higher, dividends raised
RHB Capital Bhd and Southern Bank Bhd released yesterday financial results that showed sharply improved profitability, and both those banks declared higher dividends.
Banks drag KLCI into the red (Update)
Banks fell in Monday's morning session in a knee-jerk reaction to Bank Negara's tighter lending rules, with Public Bank, AmBank and Maybank among the major decliners.