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KUALA LUMPUR: CGS-CIMB Equities Research has a sum-of-parts value for Dialog Group Bhd at RM5.23 compared with its current share price of RM2.93 as the market is undervaluing the technical service provider in the oil, gas and petrochemical industries.
SINGAPORE: Confidence among Asian companies slumped to near 11-year lows in the first quarter as the coronavirus pandemic sent countries into lockdown, battering economic activity and consumer sentiment, a Thomson Reuters/INSEAD survey showed.
PETALING JAYA: Brent crude oil price went below US$30 per barrel over the last two days as global demand for oil is set to decline as more countries go into lockdown.
SINGAPORE: Oil markets crashed more than 30% after the disintegration of the Opec+ alliance triggered an all-out price war between Saudi Arabia and Russia that is likely to have sweeping political and economic consequences.
GENEVA: A Singaporean beat a Chinese candidate in the race to lead the world patent office, heading off Beijing's bid for a fifth U.N. leadership role, much to the satisfaction of the United States.
KUALA LUMPUR: Ancom Bhd is banking on growth opportunities stemming from the raw material supply chain disruption in China as well as expectations of better climate conditions for the year.
WHILE the world is now panicking on the severity of the coronavirus (Covid-19) outbreak, from a financial standpoint, how should investors react? Also is the epidemic risk the biggest risk the market is now facing?
KUALA LUMPUR: Malaysia’s state energy firm Petroliam Nasional Bhd, or Petronas, said on a fire on the Sabah-Sarawak Gas Pipeline in East Malaysia was under control.
Few outside of Iran will weep at the violent demise of Qassem Soleimani. The oil market, never sentimental, joined those cheering the sudden end of the leader of the Quds Force of the Islamic Revolutionary Guard Corps, albeit for different reasons. Will its peculiar brand of excitement last