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KUALA LUMPUR: Ranhill Holdings Bhd has started talks to expand its water treatment and electricity generation business overseas to boost growth, as earnings surged in the fourth quarter ended Dec 31.
PETALING JAYA: MISC Bhd, which posted an 87% drop in net profit year-on-year for its fourth quarter ended Dec 31 due to higher impairment loss, is expecting another choppy year for the oil and gas (O&G) shipping industry.
PETALING JAYA: Malaysia’s high palm oil stockpile level has finally come off from its recent record, thanks to the Government’s temporary suspension on crude palm oil (CPO) export taxes effective Jan 8 which boosted exports, say analysts. End-January 2018 palm oil stocks declined for the first time in seven months.
SINGAPORE: Calm pervaded equity markets, with indexes in Asia following US gauges higher and a measure of Japanese stock volatility plunging as much as 36%.
DAYTON, Ohio: When the Federal Reserve's policy meeting ended last month, U.S. stock indexes were near record highs, market volatility was almost non-existent and policymakers chatted about the calm waters welcoming incoming central bank chief Jerome Powell.
KUALA LUMPUR: Eastern & Oriental Bhd expects the overall property market to remain soft, as the developer posted a 30% drop in earnings for the third quarter ended Dec 31.