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Odds slowly turning in favour of Genting
THE reopening of Genting Malaysia Bhd’s flagship Resorts World Genting (RWG) some three weeks ago has received good response from patrons, a sign that the gaming company is on the road to recovery, albeit early days.
Financial scandals are pandemic too
What do Wirecard, Luckin and Hin Leong have in common, although all three are based thousands of miles apart in Munich, Beijing and Singapore respectively?
Asset-rich Insas makes cash call
One of the key concerns is on the take-up rate of the exercise
Khazanah Nasional in 2019
Despite the lacklustre market conditions of 2019, Khazanah Nasional Bhd recorded its highest profits ever of RM7.36bil compared to losses of RM6.27bil in 2018.
China starts taxing its citizens’ global income for first time
BEIJING, July 10 (Bloomberg): China has started tracking down some of its citizens living abroad to collect taxes, surprising expatriates who never had to pay levies back home on overseas income, according to people familiar with the matter.
UOB Kay Hian Research sees stock market consolidating in 3Q
KUALA LUMPUR: UOB Kay Hian Malaysia Research expects the stock market to move into a consolidation mode following a spectacular recovery into a bull territory from a global Covid-19 outbreak-induced bear market.
Matrix Concepts earnings up on record revenue
PETALING JAYA: Matrix Concepts Holdings Bhd’s net profit for the financial year ended March 31,2020, rose 7.3% to RM234.30mil.
A rising Red Star for Malaysia is shining in Belgrade
PETALING JAYA: A decision to be with his father who settled down in Belgrade is paying dividends for young Malaysian Omar Raiyan Kama Azlan.
Go for multi-asset investments in tough times
PETALING JAYA: Investors should undertake a dynamic multi-asset allocation in managing their investment portfolio, in view of the current low interest rate and volatile market environment.
India’s budget blowout may see RBI resort to direct financing
MUMBAI: India’s government is running out of options to fund its budget and may soon have to knock on the central bank’s door once again for support.