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KUALA LUMPUR: UOB Kay Hian Malaysia Research has cuts is FBM KLCI earnings forecast by 3.4% due to the poor 2Q20 results season but raised its 2021 forecast by 5.5% to largely account for further upgrades of glove makers.
KUALA LUMPUR: Stocks to watch on Thursday include Dagang Nexchange Bhd, TSH Resources Bhd, Berjaya Corp Bhd, Salcon, AirAsia X Bhd (AAX) and AMMB Holdings Bhd, according to JF Apex Research.
MANY have marveled at how the US stock market has become dominated by Big Tech. Just a handful of companies – captured by acronyms such as FANG, FAANG and even FANGMAN – have emerged as winners in the Covid-19 world.
PETALING JAYA: Berjaya Corp Bhd (BCorp) will collaborate with China Sports Lottery HKJC Infotech (Beijing) Co Ltd (CSLJC) for lottery operations.
SHANGHAI: Tencent Holdings Ltd. jumped the most in a month after White House officials are said to have reassured American businesses that a ban on its WeChat app won’t be as broad as feared.
Contingency plans in place should there be another outbreak
FROM a “one-hill wonder” Tan Sri Lim Kok Thay is responsible for changing the business portfolio of the Genting group to become a global family entertainment and gaming company.