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Corporate News 20 Feb 2019 | 5:25 AM

CCM Duopharma soon to be known as 'Duopharma Biotech'

KUALA LUMPUR: CCM Duopharma Biotech Bhd has obtained shareholders' approval to rename itself Duopharma Biotech Bhd.

TECH 20 Feb 2019 | 5:06 AM

China regulator requests pause in new game applications to clear backlog: sources

China's top content regulator has asked local authorities to stop submitting requests to monetise new video games while it processes a backlog of applications built up after a lengthy pause last year, three people with knowledge of the matter said.

Markets 20 Feb 2019 | 5:03 AM

KLCI rallies on growing sentiment, PChem lifts

KUALA LUMPUR: The FBM KLCI broke out of its sideways trading channel on Wednesday and hit a 3.5-month high as investors turned more positive over the ongoing US-China trade talks.

Forex 20 Feb 2019 | 3:02 AM

Ringgit rises against fragile greenback as trade talks continue

KUALA LUMPUR: The ringgit extended yesterday's uptrend to open higher against the US dollar this morning as demand for the greenback was fragile amid uncertainty about the US-China trade talks, dealers said.

Stock on the Move 20 Feb 2019 | 1:59 AM

Quick take: SunCon shares boosted by RM781mil contract win

KUALA LUMPUR: Shares in Sunway Construction Group Bhd (SunCon) were boosted in early trade Tuesday after announcing a RM781.3mil contract from Tenaga Nasional Bhd.

Stock on the Move 20 Feb 2019 | 1:28 AM

Quick take: Hibiscus shares tick up on strong earnings

KUALA LUMPUR: Shares in Hibiscus Petroleum Bhd's rose 2.86% in early trade Tuesday, after the its profit jumps over four times in the second quarter ended Dec 30, 2018.

Markets 20 Feb 2019 | 1:26 AM

Petronas stocks lead KLCI’s advance as sentiment improves

KUALA LUMPUR: Petronas-linked stocks led the FBM KLCI higher in early Wednesday trade as crude oil continued to stay firm while key Asian markets trended higher.

Markets 20 Feb 2019 | 1:05 AM

Asia stocks up slightly, eyes on US-China talks, Fed minutes

TOKYO: Asian stocks gained a tad on Wednesday after U.S-China trade talks resumed while investors awaited minutes from the U.S. Federal Reserve for clues on policymakers' thinking on interest rates and its balance sheet reduction policy.

Analyst Reports 20 Feb 2019 | 1:03 AM

Trading ideas: SunCon, Pesona Metro, Boustead, Hup Seng, Hibiscus, KPJ

KUALA LUMPUR: JF Apex Research expects Sunway Construction Group Bhd (SunCon), Pesona Metro Bhd, Boustead Holdings Bhd, Hup Seng Industries Bhd, Hibiscus Petroleum Bhd and KPJ Healthcare Bhd to be among the stocks to watch on Wednesday.

Analyst Reports 20 Feb 2019 | 12:55 AM

Sunway Construction on track for RM1.5b job win target for FY19

KUALA LUMPUR: Having secured the RM781mil contract for the development of the Tenaga Nasional HQ campus (Phase II), Sunway Construction remains on track to achieve its RM1.5bil replenishment target for FY19E, says Maybank Investment Bank Research.