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KUALA LUMPUR: CGS-CIMB Equities Research is maintaining its Add call for Duopharma Biotech with a lower target price of RM1.90 compared with the earlier RM2.03.
KUALA LUMPUR: CGS-CIMB Equities Research is retaining its Add for Dialog Group with sum-of-parts based target price of RM5.14 and unchanged core EPS forecasts, as lower oil prices during 2HFY6/20F may impact earnings.
KUALA LUMPUR: Blue chips extended their decline on Thursday, weighed down by banks on concerns of a rate cut and weaker economic growth crimping their profits due to the Covid-19 coronavirus.
KUALA LUMPUR: Equity markets slid on fading hopes that the Covid-19 coronavirus outbreak had peaked.
KUALA LUMPUR: Harold Rynesh Aloysius was down with the flu and had a wrist injury. But even those could not stop the 15-year-old from reaching the second round of the National Junior Squash Championships in the boys’ U-15 category at the National Squash Centre in Bukit Jalil.
PETALING JAYA: Banks led the FBM KLCI lower in Wednesday’s trade after Bank Negara hinted at the possibility of another cut in the interest rate.
PETALING JAYA: CIMB Bank, CIMB Islamic Bank and Shopmatic, a leading e-commerce provider in South-East Asia since 2014, have entered into a partnership to help SMEs scale up their businesses in the e-commerce space.
PETALING JAYA: Consideration will be made to extend the asset size of domestic systemically important banks (D-SIBs) to ensure domestic banks are well buffered against any disruption, Bank Negara assistant governor Jessica Chew says.
KUALA LUMPUR: The deal, if it goes through, would give their parent company CJ Logistics Asia Pte Ltd a bigger share in the enlarged group.
KUALA LUMPUR: Banks dragged the FBM KLCI deeper into the red at the close of trade on Wednesday on concerns about the slowing economic growth and a possible rate cut.