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Business

RHB posts record RM2.3bil profit

KUALA LUMPUR: RHB Bank Bhd, which ended its financial year 2018 to end-December (FY18) with a record profit of RM2.305bil, is set to remain cautious in 2019, taking a similar stance of most banks in the country

Business

Brokerages maintain ‘sell’ calls on TM

PETALING JAYA: Several research houses have maintained their “sell” calls on Telekom Malaysia Bhd (TM) as they expected the firm to continue facing stiff competition in the broadband space.

TECH

Handset makers look to gamers for sales boost

Smartphone makers hope video games will help them stand out in a crowded market with dwindling sales, but analysts warn that handsets don't have the power or the screen size to lure hardcore players.

Business

CIMB Research remains positive on Mah Sing, TP RM1.20

KUALA LUMPUR: CIMB Equities Research remains positive on Mah Sing due to its net cash position to cater to future landbank acquisition and that it should benefit from the increasing focus on affordable housing by the government.

Business

Asian stocks slip as trade optimism retreats, US$ holds gains

TOKYO: Asian stocks slipped on Thursday after cautious comments from U.S. Trade Representative Robert Lighthizer dented some of the recent optimism toward Sino-U.S. trade relations, while the dollar held gains, supported by higher bond yields.

Football

Facebook Watch to broadcast El Clasico live and free in India

MUMBAI (Reuters) - Fans in India will be able to watch Sunday's El Clasico between Real Madrid and Barcelona live and free on Facebook Watch, the social media giant's streaming platform, La Liga has said.

Business

Global stock market resurgence to be short-lived, 2019 outlook cut

BENGALURU: Global stock markets in 2019 will at best only recoup losses from the deep sell-off late last year, according to equity market analysts in Reuters polls, who reckon the risk is skewed more towards a sharp fall by mid-year

Economy

Japan Jan industrial output falls 3.7% month-on-month

TOKYO: Japan's industrial output fell 3.7 percent in January, posting a third straight month of declines in a sign slowing external demand is taking its tolls on factory activity, government data showed on Thursday.

Nation

MATTA cautiously optimistic

PETALING JAYA: Tourist arrivals suffered a slight decline last year but there is positivity in that tourist receipts grew 2.4%, according to official data.

Nation

Tourism sector still a major earner despite drop in tourist arrivals

PUTRAJAYA: The tourism industry continues to contribute significantly to the country’s economy despite a drop in tourist arrivals last year, says Datuk Mohamaddin Ketapi.