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Petronas Gas slides to low of RM18.14

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 move will play out in long-term: analysts

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.

Refiners dominate losers list on Bursa Malaysia

KUALA LUMPUR: Refiners stocks continued to dominate Bursa Malaysia’s losers list in early trade on Tuesday amid higher crude oil prices.

Vizione shares soar on profit growth

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.

Unexciting earnings expectations for BP Plastics, says Kenanga

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.

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Borneo Aqua Harvest

Indicators are holding to the bulls

Auto1 says no need for IPO after SoftBank invests

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.

SoftBank considers listing wireless unit

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.

Resolving cryptocurrency conflicts

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.

Floor at Indonesia's stock exchange building collapses

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.