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KUALA LUMPUR: The FBM KLCI slipped into the red with the telco sector draggin on the market although a jump in Petronas Chemicals offset some losses.
PETALING JAYA: Riding on high crude palm oil (CPO) prices, United Malacca Bhd (UMB) had a strong start that beat analysts’ expectations for the first quarter (Q1) of financial year 2022 (FY22).
Fintech has given rise to new ways of doing this with new players
SOME 16 months down the road, CIMB Group Holdings Bhd group CEO Datuk Abdul Rahman Ahmad is no less sure that the days ahead will bring on fewer challenges. Still, the banking group has a solid plan and has been preparing itself to take on these issues.
KUALA LUMPUR: The FBM KLCI ended lower on Friday to mark a third weekly decline as banking and plantation stocks weighed against a backdrop of weak regional markets.
KUALA LUMPUR: The FBM KLCI retreated amid an uncertain trading environment as fears remained over the future of embattled China Evergrande.
KUALA LUMPUR: Bursa Malaysia remained mildly upbeat on Friday as some stability returned to global markets following the US Federal Reserve's comments on the future of US fiscal policy and as anxieties eased in China's property market.
KUALA LUMPUR: S&P Global Ratings has affirmed its 'A-' long-term and 'A-2' short-term issuer credit ratings on CIMB Bank Bhd., Malayan Banking Bhd., and Public Bank Bhd.