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KUALA LUMPUR: Shares of Petronas Gas fell to a low of RM18.14 as analysts downgraded the stock after the recent rally and possible earnings erosion from the new third party access (TPA) which started on Tuesday.
Facebook’s move to highlight posts from friends and family over those from brands and publications follows months of turmoil for the social network and will result in lower advertising revenue – at least in the short-term, analysts said.
KUALA LUMPUR: Refiners stocks continued to dominate Bursa Malaysia’s losers list in early trade on Tuesday amid higher crude oil prices.
KUALA LUMPUR: Shares in Vizione Holdings Bhd have soared to its highest since 2013 in early trade on Tuesday after a strong rise in its second quarter ended Nov 30, 2017 profit.
KUALA LUMPUR: Kenanga Research is ending its Trading Buy rating on BP Plastics Holding Bhd given no capacity growth in FY17-18, and FY19 capacity expansion plans still at their infancy stage.
Indicators are holding to the bulls
BERLIN: German used-car dealing platform Auto1 said a 460 million euro (US$561mil) financial infusion from Japan’s SoftBank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans.
TOKYO: SoftBank Group Corp said it was considering listing its Japanese wireless business, seeking to raise a reported US$18bil in a move that would accelerate the conglomerate’s transformation into one of the world’s biggest tech investors.
DIGITAL technology is changing rapidly and some aspects are causing concern among many Islamic scholars all over the world. One example is the cryptocurrency phenomenon.
Jakarta: A floor at Indonesia’s stock exchange collapsed into the building’s lobby, injuring at least 75 people according to officials, as victims were carried out on stretchers.