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PETALING JAYA: Supermax Corp Bhd’s shares are deemed undervalued at current prices, considering its robust earnings prospects for at least the next one year, says CGS-CIMB Research.
KUALA LUMPUR: The ringgit ended higher against the US dollar on Wednesday, boosted by rising crude oil prices and the weaker greenback amidst the risk-on market sentiment.
MUMBAI: India decided on Monday to lift a ban on onion exports from Jan. 1, as prices have fallen sharply in the last few weeks on expectations of a big crop
BANGKOK: A tug-of-war is building for Thailand’s baht as concern about the nation’s virus outbreak counters the support from its current-account surplus.
HONG KONG: Some 20km north of Sri Lanka’s Hambantota Port, an extension to the country’s Southern Expressway lifts off the ground for a special purpose – to let wild elephants cross the highway safely.
KUALA LUMPUR: Scientex Bhd reported a higher net profit in the first quarter ended Oct 31, as the decline in revenue was offset by higher margins.
KUALA LUMPUR: Flexible plastic packaging maker Daibochi Bhd posted higher earnings in the first quarter ended Oct 31 on higher sales.
KUALA LUMPUR: RHB Research has raised its earnings forecasts on Press Metal Aluminium Holdings Bhd on account of higher London Metal Exchange aluminium prices continuing to surprise on the upside.
NER YORK: U.S. President-elect Joe Biden has said that he will not immediately act to remove the Phase 1 trade agreement, which President Donald Trump inked with China, the New York Times reported on Wednesday.
BANGI: The high crude oil prices (CPO) over the last few months were partly contributed by the confidence of other trading countries on the Perikatan Nasional government, according to Malaysian Palm Oil Board chairman Datuk Ahmad Jazlan Yaakub.