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Checking the Covid-19 bandwagon
As more and more companies venture into the healthcare sector due to the pandemic, investors are getting swayed by them. But is real value being created by these firms?
MyEG’s acquisition of S5 stake draws interest
Market questions whether the purchase price is justified
Covid-19 fears trigger consolidation
REVIEW: Investors’ mettle was put to the test yesterday as the rising number of coronavirus cases in the US sent waves of panic that the economic reopening may have come too quickly, too soon.
Eye on stock: Komarkcorp
KOMARKCORP Corp Bhd (code: 7017) jumped higher yesterday as it extended the sharp rally that had begun in the week prior.
Rainmaker behind Mukesh Ambani’s US$13bil deal spree
HE has no flashy titles and few outside India know his name. But in the halls of Reliance Industries Ltd, Manoj Modi has quietly become one of the most powerful forces behind the corporate empire of Asia’s richest man.
Slow revival and costly adjustments
THE Covid-19 lockdowns have led to a deep economic dive, sending shockwaves around the world. IMF estimates world GDP will fall by 3% in 2020 (down 6.3 percentage points from its earlier forecast of +3.3% in late January).
Dislocation between market and economy
SINCE hitting a low of 1,207.8 on March 19, the FBM KLCI has been trailblazing despite the coronavirus pandemic, poor earnings result season and hard times anticipated.
China celebrates Cultural and Natural Heritage Day online
BEIJING (Xinhua): China has launched multiple online activities to celebrate this year's Cultural and Natural Heritage Day, which falls on Saturday (June 13).
Ipoh's Gerbang Malam to reopen Tuesday (June 16)
IPOH: People who are eager to visit Ipoh’s Gerbang Malam market may do so from this Tuesday (June 16).