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KUALA LUMPUR: The surge in Top Glove’s American Depository Receipt (ADR), which trades on the Nasdaq Stock Exchange, is an “anomaly or outlier” which could boost investor sentiment towards the shares.
DUBAI: Kuwait's gross domestic product contracted 9.9% in 2020, compared with growth of 0.4% in 2019, mainly because of last year's sharp drop in oil prices, state news agency KUNA reported on Sunday.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Friday (June 11)
Thailand's central bank has allowed banks to pay interim dividends as lenders are strong with sufficient capital to withstand the impact of COVID-19 outbreaks, the governor has announced.
Indonesia's rupiah led gains across Asia's risk-sensitive currencies on Friday after US inflation data was enough to convince investors that the rise in prices may be temporary.
While tech was essential for the police's international ANOM sting, law enforcement says old school methods like an inside man still necessary.
BEIJING (Global Times): US President Joe Biden has kicked off his tour to Europe, where he will attend the G7 summit, NATO summit, and US-EU summit, and meet Russian President Vladimir Putin. This will be a "geopolitical feast."
UOB Kay Hian Malaysia Research is retaining its hold call for Serba Dinamik with a new target price of 70 sen and entry at 55 sen as most of the downside has been priced in unless there are more unforeseen events.