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THE move by the AmBank group to sell its stake in its insurance arm to American firm Liberty Insurance is not surprising.
PETALING JAYA: Hong Seng Consolidated Bhd’s wholly-owned subsidiary, HS Bio Sdn Bhd, has signed a heads of agreement following a proposed acquisition of 51% shareholdings in RZAC Immunesafe Sdn Bhd for RM40.3mil.
KUALA LUMPUR: Malaysia has joined 113 countries in implementing the Foreign Account Tax Compliance Act (FATCA), after signing an agreement with the United States.
PETALING JAYA: Tiong Nam Logistics Holdings Bhd has entered into a shareholders agreement with Create Fortune Enterprise Sdn Bhd.
NEW YORK: China and the United States are shipping goods to each other at the briskest pace in years, making the world’s largest bilateral trade relationship look as if the protracted tariff war and Covid-19 pandemic never happened.
CHINA and the U.S. are shipping goods to each other at the briskest pace in years, making the world’s largest bilateral trade relationship look as if the protracted tariff war and pandemic never happened.
KUALA LUMPUR: Hextar Global Bhd, Kejuruteraan Asastera Bhd, Favelle Favco Bhd, Sapura Energy Bhd, Axis Real Estate Investment Trust, Airasia Group Bhd and Poh Huat Resources Holdings Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
NEW YORK: Oil prices rose more than 4% Wednesday, extending gains from the previous session as improved risk appetite provided support despite data showing an unexpected rise in U.S. oil inventories.
PETALING JAYA: Hextar Global Bhd has entered into a consortium agreement with Arcadia Acres Sdn Bhd and Ihsan Equity Sdn Bhd to establish a syariah-compliant digital bank pursuant to the submission to Bank Negara for a digital banking licence.