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Credit Suisse’s new chairman to decide if a deal is the answer
LONDON: The damage control work at Credit Suisse Group AG from a pair of disasters that stunned the banking world will soon give way to the question of how the 165-year-old institution will rehabilitate its business and reputation.
The holy grail of investment
ONE of the biggest phenomena we have observed not only in Malaysia but perhaps the world over is the level of participation by retail investors in the market during the Covid-19 pandemic and very well into the current recovery phase.
Interest in P2P lending at record high
DESPITE a tumultuous year for many micro, small and medium enterprises, investor interest and funding enquiries hit an all-time high for many peer-to-peer (P2P) financing operators.
Quick take: Axiata, Digi stocks surge on merger talk
KUALA LUMPUR: Shares of both Axiata Group Bhd and Digi.com BHd shot up on news that the telcos are in advanced discussion about a merger.
PNB remains resilient despite turbulent 2020
PETALING JAYA: Permodalan Nasional (PNB), the country’s largest fund manager, will continue with diversification efforts that include increasing its exposure to overseas markets as well as fixed income assets.
Glove stocks see strong surge
PETALING JAYA: Rubber glove stocks saw a strong upward surge on price and accompanying volumes, topping the gainers and volume list as bargain hunting crept in after the market started the month of April on a sombre note.
ESG a pressing issue
PETALING JAYA: Malaysia’s environmental, social and governance (ESG) issues are in need of an urgent and holistic response from the government, regulators, businesses and even consumers if transition-induced economic dislocations are to be mitigated.
Aeon Credit Q4 net profit climbs to RM113.7mil
KUALA LUMPUR: Aeon Credit Services Bhd reported improved profits in the last quarter ended Feb 28 on lower impairment losses and higher bad debt recovered.
