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KUALA LUMPUR: Blue chips extended their losses early Friday on news that US Treasury Secretary Steven Mnuchin wanted the government to stop providing pandemic relief for struggling businesses.
PETALING JAYA: Berjaya Sports Toto Bhd continues to offer attractive dividend yields of over 6% as ticket sales have remained robust at 80% to 85% of pre-MCO (movement control order) levels in November, with most outlets opened, say research analysts.
PETALING JAYA: The Red Giants’ Nigerian striker Ifedayo Olusegun is looking forward to playing under new coach Karsten Neitzel when the new Super League season starts in February.
But loan loss provisioning seen dropping due to front-loading
KUALA LUMPUR: Malaysia's blue chips, the ringgit and crude palm oil (CPO) for third month delivery all came under late selling pressure while the FBM KLCI skidded 1.31% as investors reduced their stakes in banks.
KUALA LUMPUR: Public Bank and Hong Leong Bank are top scorers for banks' defensiveness against credit risks under CGS-CIMB Equities Research's new scoring methodology.
Foreign investors, local institutions making their way back
PETALING JAYA: The award of the earlier retracted 700MHz spectrum is expected to be brought back into discussion only when the National Digital Infrastructure (Jendela) targets are achieved.
PETALING JAYA: MISC Bhd’s forecast earnings for its financial year 2020 (FY2020) has been cut after the company missed consensus estimates for the first nine-month period. Weaker tanker rates are also expected to weaken the earnings outlook.