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CJ Century rides on logistics boom
Firm to up its warehousing space to 5.5 million sq ft
Heightened foreign inflows expected
PETALING JAYA: Malaysia’s defensive market is likely to draw in more foreign inflows, given its limited trade and business ties with Russia and Ukraine, as well as its robust commodity-centric industries.
MISC’s Q4 downside likely mitigated
PETALING JAYA: MISC Bhd is expected to have “pulled through” a difficult fourth-quarter 2021 (Q4’21), after performing “admirably” in Q3’21 despite tepid spot rates in both the liquefied natural gas (LNG)/petroleum segments.
Insight - Worker shortages may only worsen post-Covid
DEMOGRAPHIC trends can be glacial, but no less crushing and even the slightest acceleration is alarming.
Bursa Malaysia rebounds from Omicron jitters
KUALA LUMPUR: The domestic equities market opened to a rebound on Tuesday after its counters were broadly lower over the last two trading days on fears of the new strain of the Covid-19 virus.
No additional contracts for Zillow
NEW YORK: Zillow Group Inc is taking a break from buying United States homes after the online real estate giant’s pivot into tech-powered house-flipping hit a snag.
Southern Acids Q1 net profit climbs on higher commodity prices
KUALA LUMPUR: Oleochemical and plantation company Southern Acids (M) Bhd said strong commodity prices boosted its sales and profits in the first quarter ended June 30.
Insight - Coal importers split between rich north and poor south
THERMAL coal’s rally to 13-year high in Asia has done little to dampen overall demand, but the region is increasingly becoming split between those countries willing and able to pay high prices, and those who are cutting now unaffordable imports
Investors eye high-dividend stocks as Treasury yields languish
NEW YORK: Expectations that Treasury yields may stay tame in the second half of the year are pushing some investors to take a second look at companies whose dividend payouts beat those offered on U.S. government bonds.
Sultan Nazrin: Islamic capital market proved resilient during pandemic
Sultan Nazrin hopes that stakeholders in the global financial markets would step forward and boost their contributions in supporting and re-energising the United Nations’ Sustainable Development Goals (SDG) initiatives.
