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SINGAPORE (Reuters) - Southeast Asian e-commerce and entertainment group Sea said on Tuesday it would launch an unit to manage its investments, as well as its own artificial intelligence labs.
KUALA LUMPUR: Straits Inter Logistics Bhd said an associate company involved in the marine fuel logistics business is seeking a listing on the Hong Kong Stock Exchange.
KUALA LUMPUR: Share prices on Bursa Malaysia traded range-bound on Tuesday, with buying interest interspersed with profit-taking.
KUALA LUMPUR: China’s Nine Dragons Paper (Holdings) Ltd will invest up to RM5.40bil, involving the acquisition of a mill, and a factory to focus on paper products in Malaysia, endorsing the country’s attractive investment environment and business friendly policies.
KUALA LUMPUR: AmInvestment Bank Research has cut its earnings forecasts for Econpile Holdings Bhd on its belief that the government is unlikely to roll out new major public infrastructure projects over the short-term.
KUALA LUMPUR: MIDF Research is confident over MMC Corp Bhd as a recovery stock play as the group has proven its resilience amid the pandemic.
KUALA LUMPUR: Despite the challenging operating environment, AMMB continued to demonstrate resilience in its underlying business as revenues remained healthy in the nine-month ended Dec 31,2020, TA Securities Research said.
NEW YORK: GameStop and other “meme stocks” mounted a late-day rally on Monday, with shares of the video game retailer climbing nearly 32% at one point on little apparent news.
NEW YORK: Global equities markets rose and the S&P 500 on Monday had its best day since June 5, with investors taking lower U.S. bond yields in stride on optimism over the US$1.9 trillion coronavirus relief bill and distribution of Johnson & Johnson's newly authorized COVID-19 vaccine.