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KUALA LUMPUR: Tech and semiconductor-related stocks came under pressure, in line with key Asian markets, after Apple Inc's warning that it was unable to meet its March quarter sales forecast due to the Covid-19 coronavirus.
BEIJING: China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so far, as Beijing seeks to fulfill commitments made in its interim trade deal with the United States.
KUALA LUMPUR: Frontken Corporation Bhd's net profit rose by 32% to RM69.17mil in the financial year ended Dec 31,2019 from RM52.25mil a year ago on increased revenue, better product mix and continual efforts to improve its efficiency across the group.
KUALA LUMPUR: Petra Energy Bhd, Luxchem Corp Bhd, Scomi Energy Services Bhd, Eversendai Corp Bhd, Icon Offshore and Malayan United Industries Bhd (MUI) are among the stocks to watch on Tuesday, according to JF Apex Research.
PETALING JAYA: Shares of Icon Offshore Bhd went limit up in early trade, but the gains were short-lived as the stock came crashing down in the afternoon session in what has been another bizarre day for investors in the oil and gas company.
LONDON: Qatar has delayed choosing Western partners for the world’s largest liquefied natural gas (LNG) project by several months after surprising the industry with a big expansion plan despite a collapse in global gas prices, four sources said.
KUALA LUMPUR: The FBM KLCI gave up more than its recent gains on Monday, with Maxis, Tenaga and Axiata among the top losers, in the absence of firm follow-through buyng ahead of the Feb 27 stimulus programme.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) recently signed a 12-year time charter party (TCP) with Japanese shipowner, Kawasaki Kisen Kaisha, Ltd or “K” Line for two mid-sized new-build LNG vessels.
KUALA LUMPUR: Eversendai Corp Bhd's subsidiary in India was recently awarded the DLF Downtown IT Park Project in Tharamani, Chennai.
HANOI, Feb 17 (VNS/ANN) -- The Ministry of Public Security’s Security Investigation Agency has proposed prosecuting Đinh La Thăng, former Chairman of the Vietnam Oil and Gas Group (PetroVietnam) and nine accomplices on charges of violating regulations on construction works, causing serious consequences at the Petrochemical and Bio-Fuel JSC (PVB) – a subsidiary of this group.