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Wall Street's major averages fell on Wednesday after stronger-than-expected inflation data stoked fears of tighter monetary policy to combat a possibly longer period of inflation.
WITH sparse crowds and none of the stampedes of holidays past, some retail watchers started to refer to Black Friday as Blasé Friday -- and that was even before the virus hit.
KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) said it is on track to achieve an internal target to secure RM1.5bil worth of contracts this year after the company reported a strong first quarter results.
KUALA LUMPUR: JF Apex Research expects Eversendai Corp Bhd, Kejuruteraan Asastera Bhd, Malaysia Airports Holdings Bhd (MAHB), Scientex Bhd and Sime Darby Plantation Bhd to be among the stocks to watch on Thursday.
KUALA LUMPUR: Eversendai Corp Bhd has secured RM490mil worth of projects in Morocco, Qatar and Saudi Arabia.
KUALA LUMPUR: Eversendai Corporation Bhd has secured RM490.10mil worth of projects in Morocco, Qatar and Saudi Arabia.
ASTRO’S first half FY20 (H1FY20) core profit after taxes and minority interests (PATAMI) of RM352.6mil came in within Kenanga Research’s but slightly above consensus expectations at 50% and 57%, respectively.ASTRO’S first half FY20 (H1FY20) core profit after taxes and minority interests (PATAMI) of RM352.6mil came in within Kenanga Research’s but slightly above consensus expectations at 50% and 57%, respectively.
KUALA LUMPUR: Affin Hwang Capital research has upgraded Astro Malaysia Holdings Bhd to a buy call with a higher target price of RM1.62 as its 6MFY20 core net profit came in better than expected.
ZURICH: Swiss economic growth slowed in the second quarter, with business spending suffering amid fallout from the trade war and a slump in neighbouring Germany.