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Non-bank lender ELK-Desa Resources Bhd may not be on the radar of that many investors.
AFTER a strong rally in 2019 and despite the broader market volatility, it is no surprise that technology stocks on Bursa Malaysia have become more expensive on the back of rising valuations.
NEW YORK (Bloomberg): Morgan Stanley had just ended a decade-long drought of major takeovers by top US banks with his surprise deal to buy E*Trade Financial Corp for US$13bil.
KUALA LUMPUR: Shares in Kumpulan Powernet Bhd jumped on Friday after the company said net profit climbed for a second consecutive quarter.
KUALA LUMPUR: Despite beating earnings expectations in 2019, British American Tobacco (Malaysia) Bhd (BAT) continues to operate in a challenging market as the total industry volume continues to decline.
KUALA LUMPUR: YTL Power Bhd's receipt of the business viability guarantee letter for Tanjung Jati from the Indonesian Finance Ministry could lead to a re-rating catalyst for the stock, says RHB research.
NEW YORK: Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis.
NEW YORK: U.S. stocks fell on Thursday, led by declines in technology heavyweights, after reports of new coronavirus cases in China and other countries intensified fears over its spread and impact on the global economy.
KUALA LUMPUR: Newly-listed InNature Bhd is confident of riding out Covid-19 impact that has affected consumer sentiment and the local retail sector.
TAIPEI: Taiwan’s Foxconn on Thursday said a coronavirus outbreak will lead to lower full-year revenue and the company will “cautiously” resume output at its main factories in China that were shut because of the outbreak.