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