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Business

Trading ideas: Fraser & Neave, Unisem

KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&N) and Unisem (M) Bhd are among the the stocks to watch following their latest quarterly results, according to JF Apex Research.

Business

CIMB Research retains end-2018 KLCI target at 1,675

KUALA LUMPUR: CIMB Equities Research is maintaining its end-2018 FBM KLCI target of 1,675 which is based on 15.4 times 12M forward price-to-earnings (P/E), which is one standard deviation below the three-year average mean P/E.

World

Zimbabwe's Chamisa reluctant to challenge results in court

HARARE (Reuters) - Zimbabwe opposition leader Nelson Chamisa questioned the independence of the judiciary on Thursday and said he was reluctant to go to court to challenge the results of this week's presidential election, which he claims to have won.

Analyst Reports

New product innovation among key drivers of F&N earnings

KUALA LUMPUR: New products by Fraser & Neave Holdings Bhd are seen as key drivers for the group amid slow spending trend and high production costs.

Metro News

Foreign workers at Cheras shoplots cause never-ending 'flying rubbish’ problem

The back lane behind Jalan Selimang in Taman Tenaga, Cheras, resembled a minefield of rubbish with food and household waste strewn all over the entire 542m-long stretch.

Badminton

Daren dares to dream after stunning world No. 5 Srikanth

INDEPENDENT shuttler Liew Daren kept the Jalur Gemilang flying high when he stormed into the men’s singles quarter-finals at the World Championships in spectacular style.

Business

DBS lowers bar for Singapore lenders with Q2 profit miss

SINGAPORE: DBS Group Holdings Ltd, South-East Asia’s biggest lender, reported lower-than-expected second quarter profit, sending its shares to an almost one-month low and raising concerns for the outlook of regional banks.

Bowling

Wani bowled over by her golden feat at World Youth Championships

PETALING JAYA: National kegler Nur Syazwani Sahar made a superb comeback to win Malaysia’s first gold medal at the World Youth Championships.

Business

Citi turns bearish on Singtel after calling DBS stock slump

SINGAPORE: Citigroup Inc’s research team hit the bullseye last month by warning investors about the risk to DBS Group Holdings Inc. shares ahead of earnings. Now, it’s aiming for two from two with a similar call on Singapore Telecommunications Ltd (Singtel).

Metro News

China embassy marks military’s 91st anniversary

THE Chinese embassy commemorated the 91st anniversary of the founding of the Chinese People’s Liberation Army (PLA) with a gala celebration at St Regis hotel, Kuala Lumpur.