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TOKYO: Japan Airlines Co Ltd said on Wednesday it raised a more-than-expected $1.8 billion in a share sale which was aimed at strengthening its finances amid the coronavirus pandemic.
KUALA LUMPUR: Blue chips struggled on Wednesday as profit taking picked up pace on recent gainers and the broader market turned slightly weaker in the absence of strong fund buying support.
KUALA LUMPUR: Profit-taking halted the rally on Bursa Malaysia as global markets tracked Wall Street lower amid rising coronavirus cases.
TOKYO/NEW YORK: Global shares stepped back on Wednesday as soft U.S. retail sales fuelled worries that rising coronavirus cases could stifle a still fragile economic recovery, dampening the euphoria from vaccine trial breakthroughs.
NEW YORK: Asian equities were set for a sluggish open on Wednesday, tracking a lower Wall Street session as concerns over rising coronavirus cases and fresh lockdowns dampened the euphoria from vaccine trial breakthroughs.
KUALA LUMPUR: Petronas Dagangan, FGV and MISC are among the stocks to watch on Wednesday after their quarterly results, JF Apex Research says.
JAKARTA: Indonesia’s new sovereign wealth fund will offer dedicated industry funds in a bid to drum up US$15bil investment and deepen access to global capital by South-East Asia’s biggest economy, Finance Minister Sri Mulyani Indrawati told Reuters.
FOLLOWING the signing of the Regional Comprehensive Economic Partnership (RCEP), doors will soon open to attract more investments and swell Malaysia’s trade with partnering countries.
KUALA LUMPUR: AirAsia Group Bhd said its 33% owned associate firm AirAsia Japan Co Ltd (AAJ) has filed for bankruptcy proceedings on Nov 17.