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KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd (KPS) will emphasise on preserving liquidity and safeguard its present operations and business prospects as it expects the Covid-19 pandemic to impact its financial performance this year.
NEW YORK: Starbucks Corp will pause advertising on all social media platforms as it explores the best ways to help stop the spread of hate speech, the company said in a statement on Sunday.
KUALA LUMPUR: Ambank Investment Bank research has upgraded Petronas Chemicals Bhd to a "buy" call from "sell" on the recovery in oil price demand and prices.
WASHINGTON: Long divided between those pushing for a hardline stance and others advocating cautious engagement, President Donald Trump’s China advisers - under the shadow of the coronavirus crisis - appear to have moved closer together on a tougher approach to Beijing.
KUALA LUMPUR: Sime Darby Property Bhd posted lower net profit of RM14.20mil in the first quarter ended March 31,2020, down by 94.7% from the RM265.07mil a year ago in the absence of a one-off gain.
KUALA LUMPUR: The United Overseas Bank (M) Bhd (UOB Malaysia) registered a net profit of RM1.22 billion for the financial year 2019 ended Dec 31, 2019 (FY2019).
PETALING JAYA: Alliance Bank Malaysia Bhd’s high exposure to the small and medium enterprise (SME) segment could pose a risk to its asset quality, says UOB Kay Hian Research.
Malaysia narrowly escapes contraction in Q1 with 0.7% growth
KUALA LUMPUR: Malaysia's economy slowed down to 0.7% in the first quarter as it was significantly impacted by the measures to contain the Covid-19 pandemic but Bank Negara Malaysia expects the adverse effects to be seen more in the second quarter.