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Business 04 Jul 2019 | 12:00 AM

UOBAM sees better outlook for stock market

KUALA LUMPUR: Malaysia’s equity market is set to perform better in the second half of the year with the FBM KLCI is expected to hover near the 1,700-point level, said UOB Asset Management (M) Bhd (UOBAM).

Business 03 Jul 2019 | 8:36 AM

UOBAM expects better outlook for Malaysia’s stock market in 2h 2019

KUALA LUMPUR: Malaysia’s equity market is set to perform better in the second half of the year with the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to hover near the1,700-point level, said UOB Asset Management (Malaysia) Bhd (UOBAM Malaysia).

Business 31 May 2019 | 1:39 AM

AmInvestment Research upgrades DRB-Hicom to Hold

KUALA LUMPUR: AmInvestment Research has upgraded DRB-Hicom to Hold from Underweight with a higher fair value (FV) of RM1.78 a share from RM1.74 despite its recent downgrade on Pos Malaysia’s FV from RM1.65 to RM1.16.

Business 18 May 2019 | 12:00 AM Premium

Better outlook puts MBSB on the radar

MBSB Bank Bhd sprang a surprise with an unexpected surge in impairment allowances for the first quarter ended March 31, 2019 (1Q19).

Business 02 May 2019 | 12:00 AM

Rebound seen in smartphone sales; boost for some M'sian tech firms

PETALING JAYA: Apple Inc and Samsung Electronics Co Ltd have posted results that are above and in line with street guidance, with investors now turning more bullish despite lower smartphone sales and slowing memory chip demand.

Business 26 Feb 2019 | 12:00 AM

Chip tester UTAC taps Citigroup for US$1bil sale

SINGAPORE: UTAC Holdings Ltd, the Singapore-based chip testing firm backed by TPG, has appointed Citigroup Inc to advise on a planned sale of its business, people with knowledge of the matter said.

Analyst Reports 23 Feb 2019 | 12:00 AM

Caution caps technical breakout

REVIEW: A technical breakthrough on the FBM KLCI mid-week finally saw the index move out of its consolidation phase, indicative of the positive sentiment that has come into play.

Living 12 Feb 2019 | 1:00 PM

Crunching the numbers for a mathematically predicted Year Of The Pig

2019 ushers in the Universal Year 3, associated with optimism, luck and creativity. Numerologist Gracy Yap says the energy of the year is “light, cheerful and promising”.

Corporate News 29 Jan 2019 | 12:00 AM

RHB upgrades Westports to ‘buy’

PETALING JAYA: Fourth quarter results for Westports Holdings Bhd are likely to be stronger due to front-loading activities ahead of the expected container tariff hike in March.

Banking 07 Jan 2019 | 12:00 AM

Saudi banks set for most growth in four years

RIYADH: Saudi Arabian banks may report double-digit earnings growth this year as rising interest rates and increased government spending offset the risk of higher bad-debt charges.