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PETALING JAYA: A month after emerging as a substantial shareholder in T7 Global Bhd, Tan Sri Vincent Tan has announced his plan to exit the offshore oilfield service provider in light of the recent controversy over the East Coast Rail Link (ECRL) project.
BENGALURU: Global stock markets in 2019 will at best only recoup losses from the deep sell-off late last year, according to equity market analysts in Reuters polls, who reckon the risk is skewed more towards a sharp fall by mid-year
MELBOURNE : The recent rise in corporate profits and financial metrics won't be enough to offset the significant credit risk of high leverage levels among global corporates.
THE outlook for global economic performance is expected to remain favourable in 2017 and 2018 with growth emanating from advanced, and emerging market and developing economies (EMDEs). Growth in advanced economies is supported by an upturn in the US, eurozone and Japan, following improved investments and exports.
KUALA LUMPUR: UOB Asset Management (Malaysia) Bhd (UOBAM (Malaysia)) had on Wednesday launched the United-i Global Balanced Fund, its first Shariah-compliant global balanced fund.
KUALA LUMPUR: Global investors have regained some confidence in Malaysia and its currency after the surprise victory of the Pakatan Harapan in the GE14 in May 2018, says S&P Global Ratings.
TOKYO: The World Steel Association on Tuesday doubled its 2018 and 2019 forecasts for growth in global demand for the material used in everything from cars to construction, but said that trade tensions were clouding the outlook for the sector.
PETALING JAYA: T7 Global Bhd says the company has not received any contracts from the East Coast Rail Link (ECRL) project.
KUALA LUMPUR: T7 Global Bhd says billionaire Tan Sri Vincent Tan Chee Yioun's decision to exit his investment in the oil and gas services provider will not have any impact on its business or financial performance.