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PETALING JAYA: Boustead Petroleum Marketing Sdn Bhd (BHPetrol), a member of the Boustead Group, will allocate RM50mil in expanding its service station network in 2017.
PETALING JAYA: There is a strong case for a more bullish Malaysian stock market this year but this comes with caveats.
PETALING JAYA: IOI Corp Bhd is expected to continue to benefit from the higher crude palm oil (CPO) price, and register a core net income of between RM250mil and RM280mil for the second quarter of its financial year 2017 (Q2FY17), said MIDF Research.
ABU DHABI: Abu Dhabi is close to finalising the merger of two of its largest sovereign wealth funds – Mubadala Development Co PJSC and International Petroleum Investment Co.
TOKYO: Asian stocks rose early on Wednesday as Wall Street set record highs overnight after Federal Reserve Chair Janet Yellen spoke in support of an interest rate hike next month, while the dollar hovered near three-week highs.
KUALA LUMPUR: RHB Research Institute has raised its sum-of-parts based target price for Kuala Lumpur Kepong (KLK) to RM29.30 from RM26.80 after imputing its latest net debt position and adjusting for higher palm kernel oil (PKO) prices.