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KUALA LUMPUR: Malaysia’s provident fund is investing more overseas as it seeks to beat the 4% to 5% return it has been achieving.
BEIJING/SHANGHAI: Geely Automobile Holdings Ltd said its board has approved a preliminary proposal to list new renminbi shares on mainland China's Nasdaq-like STAR board, sending its Hong Kong-listed shares up as much as 7% on Thursday.
PETALING JAYA: The Hive will be partnering with regional private investment and venture capital firm, Tuas Capital Partners, to launch The Hive Southeast Asia, based and operated out of Malaysia, that will participate in the Penjana Nasional Fund’s (PNF) matching programme.
KUALA LUMPUR: Tan Chong Motor Holdings Bhd, Tambun Indah Land Bhd, DRB-Hicom Bhd and Guan Chong Bhd are among the stocks to watch on Monday, according to JF Apex Research.
KUALA LUMPUR: Global demand for safety gear has helped Malaysia's state-owned air cargo carrier MAB Kargo record "impressive" profits since February by exporting products from the world's biggest producer of medical gloves, its CEO said.
KUALA LUMPUR: Malaysia's state-owned cargo carrier MAB Kargo has seen "impressive" profits since February, its CEO told Reuters, helped by the country's role as the world's biggest producer of medical gloves.
BENGALURU: India's services activity suffered a shock collapse in April as the coronavirus lockdown crippled global demand, causing a historic spike in layoffs and reinforcing fears of a deep recession in Asia's third-largest economy, a private survey showed.
PETALING JAYA: The FBM KLCI continued on steroids, buoyed by the Dow Jones’ 2.99% gain to 24,240 last Friday, with lower liners continuing to hog the limelight and interest by the retailers growing.
DUBAI: The scandal surrounding NMC Health Plc is widening, with United Arab Emirates’ banks disclosing more than US$2bil of exposure and one of its biggest creditors calling for the struggling hospital operator to be put into administration.