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Corporate News 19 Mar 2019 | 10:09 AM Premium

Dayang snaps rally after downgrade, short selling suspended

KUALA LUMPUR: Dayang Enterprise's recent rally to a high of RM1.74 hit a speed bump on Tuesday after Hong Leong Investment Research's downgrade saw it skidding to a low of RM1.36.

Business 03 Feb 2018 | 12:00 AM Premium

All eyes on 700MHz spectrum

Industry closely watching who will get the prized frequency band at the end of Q1

Business 26 Aug 2017 | 12:00 AM Premium

Is the worst really over for UMW Oil & Gas?

Following the recent release of UMW Oil & Gas Corp Bhd’s (UMW-OG) financial results, the main question on most investors’ mind would be if the worst is truly over for the upstream drilling and oilfield services company.

Business 01 Apr 2017 | 2:36 AM Premium

Ringgit likely to strengthen next week

KUALA LUMPUR: The ringgit is expected to strengthen against the US dollar next week, on expectations of positive Malaysian trade data, a dealer said.

Business 25 Mar 2017 | 3:49 AM Premium

Ringgit seen to trade firmer against US$ next week

KUALA LUMPUR: The ringgit is likely to trade firmer against the US dollar next week on an improved Malaysian economy, dealers said.

Business 29 Feb 2016 | 12:00 AM Premium

CIMB’s revamp begins to pay off

PETALING JAYA: CIMB Group Holdings Bhd may have turned the corner if some of its recent ratio indicators are anything to go by.