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KUALA LUMPUR: Malaysia is exploring the possibility of bailing out domestic airlines that have been hit hard by the coronavirus outbreak, according to people with knowledge of the matter.
PETALING JAYA: Yinson Holdings Bhd posted 7% higher net profit to RM64.95mil in the fourth quarter ended Jan 30 from RM60.7mil a year earlier.
Grace period seen benefiting both lenders and borrowers
KUALA LUMPUR: CGS-CIMB Equities Research has a sum-of-parts value for Dialog Group Bhd at RM5.23 compared with its current share price of RM2.93 as the market is undervaluing the technical service provider in the oil, gas and petrochemical industries.
KUALA LUMPUR: RHB research remains optimistic over Genting Bhd as both its Genting Malaysia and Singapore subsidiaries continue to show resiliency despite higher casino levies.
Suspension of short-selling also helped market
PETALING JAYA: Plantation operations are expected to be affected by lower exports and prices in the coming months given disruption in the global palm oil supply chain led by the Covid-19 pandemic.
KUALA LUMPUR: Bursa Malaysia and Asian markets staged a rally on Tuesday as investors took heart from the support measures unveiled by the US Federal Reserve to combat the Covid-19 fallout.
NEW YORK: In London, a city in Kentucky, became the first in the country to see pump prices fall below $1 a gallon as coronavirus-related lockdowns halt transit across the country -- and it won’t be the last.
KUALA LUMPUR: Bursa Malaysia and key Asian markets climbed in early Tuesday trade, underpinned by the US Federal Reserve pledge to stabilise the financial system and also the regulators’ decisive action to halt short selling until April 30.