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BRASILIA: Diagnosticos da America SA, a healthcare firm owned by Brazil’s billionaire Bueno family, is poised to raise at least 3.3 billion reais (US$590mil or RM2.43bil) in a share sale.
NEW YORK: Morgan Stanley sold US$5bil (RM21bil) of shares owned by Archegos Capital Management a day before a deluge of block trades sent shockwaves across capital markets.
Higher CPO prices likely to be offset by lower FFB output
KUALA LUMPUR: Record-breaking earnings could be in store for D&O Green Technologies Bhd given expectations that the demand surge for its automotive light-emitting diodes (LEDs) will continue for the foreseeable future
KUALA LUMPUR: Foreign investors are using the selloff in Malaysian glove makers to return to last year’s stock market stars.
SEOUL (Reuters) - Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output.
KUALA LUMPUR: Strong following of banking and glove stocks powered the FBM KLCI above the 1,600-point psychological level on Wednesday.
(Reuters) - Super Rugby's Trans-Tasman competition has abandoned plans for a "super round" this year, where all 10 teams would play in a single city in one weekend, but will explore the concept in the future, New Zealand Rugby's Chris Lendrum said on Wednesday.
HONG KONG (AFP): Asian markets mostly edged up Wednesday (April 7) but gains were tempered as investors took a breather following a recent run-up, though another round of healthy data provided cause for continued optimism for the global recovery.
SEOUL: Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output.