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YOKOHAMA: The executive tasked with leading a recovery at Nissan Motor Co Ltd said he had decided to resign just weeks into his new job, a move that could disrupt the automaker's push to turn the corner on scandal and slumping sales.
NEW YORK: Wall Street's main indexes posted record closing highs on Monday after President Donald Trump said an initial U.S.-China trade pact would be signed soon, while Boeing gave the Dow a big boost after the planemaker ousted its chief executive officer.
KUALA LUMPUR: Mynews Holdings Bhd reported higher sales in the last quarter ended Oct 31 on new store openings, but net profit was almost halved due to higher operating cost and start up losses.
PETALING JAYA: Global packaging manufacturer and property developer Scientex Bhd registered a 50.9% year-on-year (y-o-y) increase in net profit to RM81mil in the first quarter of the financial year ending July 31,2020 (FY20).
KUALA LUMPUR: Top Glove Corp Bhd, which saw its first quarter performance boosted by its nitrile gloves segment, expects the segment’s strong performance to continue over the upcoming quarters.
JAKARTA: Indonesia posted its biggest trade deficit in seven months in November as exports fell more than expected and imports of consumer goods soared ahead of year-end festivities
KUALA LUMPUR: Amidst a weakened domestic property backdrop, Eco World Development Group Bhd has surprised the market with record-high net profit of RM203.42mil for the financial year ending Oct 31,2019 (FY19).
NEW YORK: Wall Street's main stock indexes ended modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely to remain unchanged indefinitely.
KUALA LUMPUR: Sime Darby Plantation Bhd posted a net profit of RM167mil in the first nine months to Sept 30 from its continuing operations against a net profit of RM556mil in the corresponding period of the previous year.
KUALA LUMPUR: BIMB Holdings Bhd posted firmer financial results for the third quarter ended Sept 30,2019 and for the nine-month period, underpinned by its Islamic banking and takaful subsidiaries.