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KUALA LUMPUR: Other than seeing a change of guard at the top, it was a rather tough year for the banking sector in 2016 for having to face the brunt of the global financial uncertainty with a dwindling loan growth.
SINGAPORE: The prospects for South-East Asia’s exports – which have powered growth for decades – are looking bleak There are some winners, but Malaysia is among the losers.
MELBOURNE: Miners had been digging in one of Australia’s oldest collieries for almost a century until operations wound down a year ago, the victim of plunging global commodity prices. Now owner Glencore Plc is resuming output at the Queensland site, the latest sign of a profit bonanza bringing the world’s top metals and energy producers back from the brink.
CAIRO: Almost everybody loves Russia and wants to get as far away as possible from Turkey.
KUALA LUMPUR: APM, Econpile and Scientex are among the companies which will see trading interest on Thursday while FoundPac will make its debut on the Main Market of Bursa Malaysia, says JF Apex Research.
KUALA LUMPUR: FoundPac Group Bhd made a firm debut on the Main Market of Bursa Malaysia on Thursday when it opened at 61 sen which was seven sen above its offer price of 54 sen each.
TOKYO: A looming writedown at Japanese conglomerate Toshiba Corp <6502.T> has wiped almost $5 billion off its value in two days and prompted a credit rating downgrade on Wednesday, as the company grapples to plug a potential multi-billion dollar hole.
KUALA LUMPUR: Gas Malaysia continues to be on MIDF Research's Buy list with an unchanged target price of RM3.07 after the government approved the revision of the natural gas tariff for the non-power sector in Peninsular Malaysia from January 2017 to end-2019.