Thailand shares scale 5-month high; recovery hopes lift Singapore

SINGAPORE: Thailand shares climbed nearly 2% to hit their highest in more than five months on Monday, leading broader gains in emerging Asian stock markets, while Singapore stocks were lifted by better-than-expected third-quarter GDP numbers.

Emerging Markets: Singapore stocks hit 8-month high as economic outlook brightens

SINGAPORE Nov 23 (Reuters): Singapore shares climbed over 1% to a more than eight-month high on Monday after GDP data showed the economy is set to return to growth next year, while broader emerging Asian markets were lifted by hopes for imminent coronavirus vaccines.

Trading ideas: UEM Sunrise, AME Elite, XOX, AirAsia, AirAsia X

KUALA LUMPUR: UEM Sunrise, AME Elite, XOX, AirAsia and AirAsia X are among the stocks to watch on Monday, says JF Apex Research.

Focus Dynamics takes a bite into Brahim’s

Focus Dynamics buys substantial stake in Brahim's Holdings 

KUALA LUMPUR: Focus Dynamics Group Bhd has acquired a substantial stake in ailing in-flight catering firm Brahim's Holdings Bhd.

Trading ideas: Kerjaya Prospek, T7, PetChem, Oceancash, Permaju Industries

KUALA LUMPUR: JF Apex Research expects Kerjaya Prospek Group Bhd, T7 Global Bhd, Petronas Chemicals Group Bhd (PetChem), Oceancash Pacific Bhd and Permaju Industries Bhd to be among the stocks to watch on Thursday.

Brahim's in-flight catering unit suffers drastic drop in business

KUALA LUMPUR: Brahim’s Holdings Bhd said its in-flight catering unit had been hit hard by the Covid-19 crisis, forcing the company to reduce its workforce by about half.

Korean Air’s quarterly profit defies coronavirus travel slump

Airlines see big drop in business

PETALING JAYA: The aviation sector is among the worse hit in terms of business from the outbreak of the novel coronavirus (2019-nCoV) and this has forced airlines to seek ways to cushion the blows.

Brahim’s share price up on proposed entry of white knight

PETALING JAYA: Brahim’s Holdings Bhd share price opened 18.8% higher to 38 sen in early trade in response to the proposed entry of a white knight to resolve its Practice Note 17 (PN17) status.