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Comment by Pankaj C Kumar The airlines industry is one tough industry to be in. Whether in the US, Europe or Asia, governments have from time to time come to the rescue of their national carriers mainly due to catastrophic incidents like the Sept 11 terror strike, unsustainable business models or even simply due to a massive debt load.
KUALA LUMPUR: Fitch Ratings has affirmed Malaysia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A-' with a Stable Outlook.
KUALA LUMPUR: Foreign investors were net buyers of stocks listed on Bursa Malaysia for the fourth consecutive week ended July 12, MIDF Research said.
REVIEW: At press time, the world’s equity markets appear consoled that the US Federal Reserve is likely to implement a policy rate cut as early as July 31, and confidence is rising.
KUALA LUMPUR: Malakoff Corp Bhd, FGV Holdings Bhd, Boustead Holdings Bhd, Magna Prima Bhd, Mudajaya Group and Bintai Kinden Corp Bhd are among the stocks to watch on Friday, according to JF Apex Research.
KUALA LUMPUR: Kenanga research expects improved sentiment for Malakoff Corp Bhd for raising its stake in Saudi Arabia's water and power plant assets.
KUALA LUMPUR: Malaysia should create more environmental, social and governance (ESG) investment opportunities, similar to those which have been done successfully in line with the growth of the Islamic finance market, says Maybank Investment Bank Bhd chief executive officer Fad’l Mohamed.