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Business 05 Jul 2019 | 12:34 AM

RHB maintains Buy on Hartalega, TP raised to RM6.05

KUALA LUMPUR: RHB research expects Hartalega Bhd's earnings to improve in FY20 on the back of good demand for nitrile gloves and a stronger US dollar.

Business 11 Jun 2019 | 4:24 AM

World's worst stock market seeing signs of revival

SINGAPORE: The tide appears to be turning for Malaysian stocks as the biggest exodus of global funds since 2015 dissipates.

Business 23 May 2019 | 12:00 AM

M&S shows pain of latest turnaround with profit fall

LONDON: Britain’s Marks & Spencer (M&S) reported a 10% fall in full-year profit, a third straight decline, along with falls in quarterly underlying sales of both clothing and food, showing the pain of its latest attempt at a multi-year turnaround.

Business 13 May 2019 | 2:31 PM

Selloff deepens on Wall St as China plans to hit back with tariffs

NEW YORK: Wall Street's main indexes fell more than 2% on Monday after Beijing announced plans to retaliate with higher tariffs on U.S. goods, raising fears that another round of tit-for-tat measures could push the U.S. economy toward recession.

Business 09 May 2019 | 12:00 AM

Cepatwawasan first quarter earnings down

PETALING JAYA: Cepatwawasan Group Bhd’s earnings fell 66.2% for the first quarter (1Q) ended March 31, 2019, due to lower palm oil prices.

Business 23 Apr 2019 | 12:00 AM

Digi Q1 earnings down 11.5% to RM341.5mil

KUALA LUMPUR: Digi.com Bhd’s net profit for the first quarter ended March 31 (1Q19) came in at RM341.5mil, 11.5% lower than in the previous corresponding quarter on the back of lower revenue.

Markets 14 Mar 2019 | 1:26 AM

Blue chips slip, PetDag, Axiata down in thin trade

KUALA LUMPUR: Blue chips fell early Thursday, dragged down by losses in Petronas Dagangan and Axiata but trading volume of these stocks were razor thin.

Corporate News 20 Feb 2019 | 11:14 AM

IOI Corp Q2 earnings down 68% on forex loss, lower operating profit

KUALA LUMPUR: IOI Corporation Bhd's net profit fell 68% in the second quarter ended Dec 31, 2018 due to lower operating profit and net foreign currency translation loss on foreign currency denominated borrowings and deposits .

Corporate News 20 Jan 2019 | 11:26 PM

What Intel Corp says this week matters much to chip investors

SAN FRANCISCO: Intel Corp operates mostly outside the Apple-sphere, and that is exactly why whatever it says next week about business in its vital Chinese market matters so much for investors

Business 24 Nov 2018 | 12:00 AM

YTL Corp earnings down despite higher topline

PETALING JAYA: YTL Corp Bhd’s net profit declined by 11.3% year-on-year (y-o-y) in its first quarter ended Sept 30, despite an increase in its topline and a higher operating income.