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SDYNEY: A meteoric rally in an Australian penny stock is fast unraveling after confounding not just market watchers but also the company’s chief executive officer (CEO).
PETALING JAYA: The trading volume on Bursa Malaysia has ebbed from its record high with the end of the automatic loan moratorium.
Long short-selling ban delights mom-and-pop buyers
NIPPON Telegraph & Telephone Corp’s (NTT) buyout of its NTT Docomo Inc wireless unit marks the end of an era for a company once hailed as the world’s leading mobile operator. It also signals a stark new reality in the telco business: that mere connectivity isn’t enough.
KUALA LUMPUR: Hai-O Enterprise Bhd said net profit in the first quarter ended July 31 jumped on higher sales recorded by its multi-level marketing division and improved operating margin.
NEW YORK: Tesla Inc Chief Executive Officer Elon Musk plans to list SpaceX's space internet venture, Starlink, several years in the future when revenue growth is smooth and predictable.
PETALING JAYA: The market is venturing into an uncertain final quarter of 2020 with headwinds looming from multiple directions.
SEOUL: Big Hit Entertainment, the management label of hugely popular South Korean K-Pop group BTS, has priced its initial public offering (IPO) at the top of its range, as hopeful buyers chased South Korea’s largest listing in three years.
SHANGHAI: Chinese investors are pouring into newly-launched mutual funds targeting Ant Group's upcoming initial public offering, underscoring strong demand for technology shares at a time when Chinese tech firms are facing increasing U.S. scrutiny.