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Public Bank continues to focus on asset quality

KUALA LUMPUR: Public Bank Bhd’s (PBB) key priority continues to be on its asset quality with a strong credit culture instead of loan expansion, according to AmBank Research.

CGS-CIMB Research ups Tenaga target price to RM15.40

KUALA LUMPUR: CGS-CIMB Research has raised Tenaga Nasional’s target price from RM13 to RM15.40 as it removes the 10% discount to the average sector price-to-earnings (P/E).

UOB Kay Hian Research cautious over surge in cement companies' prices

KUALA LUMPUR: UOB Kay Hian Malaysia Research has cautioned investors the surge in share prices of cement companies amid speculation of cement prices rising by up to RM80 a tonne (40%) as “unwarranted”.

Spritzer eyes 45% of market share

GEORGE TOWN: Spritzer Bhd will offer new products soon to increase its market share in the country to 45% from the current 40% over the next three to five years.

Bankers brace for tougher second half

PETALING JAYA: After a bumpy ride in the first half of the year, banking industry captains are bracing for a tougher second half against the backdrop of slower loan growth and thinning margins.

Power Root 4Q earnings expected to meet estimates, says RHB

KUALA LUMPUR: RHB research expects Power Root Bhd's 4QFY19 core net profit to come within forecast although headline numbers could be impacted by one-off provisions.

Publicis to buy Epsilon for US$4.4bil

LONDON: Publicis Groupe SA will pay US$4.4bil in cash to acquire Alliance Data Systems Corp’s marketing unit Epsilon, as the French advertising group seeks to deepen its digital expertise and expand in the US.

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Paramount remains resilient in a challenging market

IT has been a tough couple of years for the property market, with developers seeing declines in revenue and sales.