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KUALA LUMPUR: JF Apex Research expects KomarkCorp Bhd, Gets Global Bhd, Handal Energy Bhd, Greatech Technology Bhd, Managepay Systems Bhd, Sime Darby Bhd and Astral Asia Bhd to be among the stocks to watch on Wednesday.
KUALA LUMPUR: Bursa Malaysia slipped into negative territory at midday on Tuesday as glove stocks shed recent gains due to profit taking but technology and semiconductor stocks provided some respite.
NEW YORK: ConocoPhillips on Monday agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion, as the energy sector consolidates further on the back of lower fuel prices and demand.
PETALING JAYA: The rebidding of the FPSO Parque das Baleias (PDB) charter in Brazil has thrown a spanner in the works for Yinson Holdings Bhd, which had expected to secure this tender, being the only remaining bidder.
PETALING JAYA: PDZ Holdings Bhd is taking its long-standing legal case with Dan-Bunkering (Singapore) Pte Ltd to the Court of Appeal after the Kuala Lumpur High Court ruled in the latter’s favour.
PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE), which saw losses of RM390.89mil in the first half of the year, is expected to return to the black next year, with the expansion of its profitable marine business segment.
KUALA LUMPUR: Glove manufacturers led the FBM KLCI higher on Monday as investors continued to chase the stocks amid rising Covid-19 cases.
SINGAPORE: Oil prices fell on Monday after China's third-quarter economic growth rose came in weaker than expected, underscoring concerns that surging coronavirus cases globally are impacting demand in the world's largest oil importer.
KUALA LUMPUR: Yinson’s share price fell to a low of RM4.88 in early Monday trade after Petrobras has decided to postpone the Parque Das Baleias (PDB) project by one year, pushing back the first oil production to 2024.
LONDON: Nearly 200 countries are nearing a legally-binding agreement to reduce pollution from the world’s cargo ships, a step forward after two years of talks on how the industry should clean up its emissions.