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PETALING JAYA: The Malaysian economy could take a turn for the worse, economists warned as some anticipate growth to drop below the 4%-mark in the fourth quarter (Q4)of 2019.
KUALA LUMPUR: The ringgit snapped its four-day losing streak to opened higher against the US dollar ahead of the fourth-quarter gross domestic product announcement by the Bank Negara Malaysia tomorrow.
KUALA LUMPUR: Maybank Investment Bank Research sees a possibility of higher dividend payouts by banks following greater clarity on capital requirements and the banks having already met the minimum levels.
KUALA LUMPUR: Maybank Investment Bank Bhd expects Malaysian planters to report much stronger YoY and QoQ core earnings largely on crude palm oil (CPO) price recovery.
PETALING JAYA: Bank loans are likely to grow slightly faster this year even as financial institutions brace headwinds both domestically and externally.
This is due to global overcapacity, uncertain demand growth
KUALA LUMPUR: Maybank Investment Bank Research expects the upcoming 4Q19E core earnings to possibly miss its and market’s expectations.
RHB Research is maintaining a “buy” call on OCK Group with a target price of RM0.75, which is an 28% upside, as the group remains confident in sealing the towerco divestment deal soon
KUALA LUMPUR: Maybank Investment Bank Research says RHB Bank’s operational performance to date has been decent and it expects the momentum to continue amid stable operating parameters.
KUALA LUMPUR: Glove makers rose in active trade early Tuesday on concerns after the World Health Organisation (WHO) confirmed a new virus outbreak in Wuhan, China which is a strain of coronavirus.