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HONG KONG: Sharp losses in technology shares pulled down benchmark stock indexes in China and Hong Kong on Thursday, after the global chief financial officer of Chinese technology giant Huawei was arrested in relation to alleged violations of US sanctions.
KUALA LUMPUR: Berjaya Food Bhd rose 3% in early trade Thursday following a strong earnings report.
KUALA LUMPUR: My EG Services has assured fund managers about the expected losses at the Indonesia operations as it would over time, trim down its stake to below 20% in the special purpose vehicle (SPV) and treat it as an investment in its balance sheet.
KUALA LUMPUR: Bursa Malaysia extended its losses early Thursday after the weak corporate results, uncertainties in the US-China trade conflict issue while analysts are downbeat on the outlook for the FBM KLCI.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Dec 6.
HONG KONG: Mogu Inc, a Chinese startup selling fashion and cosmetics online, is poised to raise US$67mil in a US initial public offering (IPO) priced at the bottom of its marketed range, sources said.
KUALA LUMPUR: Gagasan Nadi Cergas Bhd has signed an underwriting agreement with TA Securities Holdings Bhd for its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia.
PETALING JAYA: Food and beverage (F&B) players may experience a margin squeeze next year on the back of rising commodity prices, according to Affin Hwang Capital. The research house expects commodity prices to go up after staying relatively depressed this year.