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KUALA LUMPUR: CSH Alliance Bhd has acquired a plot of 1.07 acres of industrial land in Petaling Jaya for RM10mil from M Xpress Sdn Bhd.
South Korea’s president Yoon Suk-yeol is gearing up to reorganise his country’s trade relations by reducing dependence on China and building “supply chain alliances”.
KUALA LUMPUR: IOI Corp Bhd’s net profit rose 2.5% to RM411.2mil in the third quarter ended June 30 (3Q22) from RM401.3mil a year ago due to higher contribution from the plantation segment.
KUALA LUMPUR: Higher crude palm oil (CPO) and palm kernel (PK) prices helped lift Sime Darby Plantation Bhd's net profit in the first quarter ended March 31, 2022, to RM718mil, a 27.76% increase over RM562mil in 1Q21.
KUALA LUMPUR: Pharmaniaga Bhd recorded a net profit of RM27.73mil in the first quarter ended March 31, 2022, a 19.8% increase over RM23.14mil in the previous corresponding quarter.
VELDHOVEN, Netherlands (Reuters) - ASML, a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger.
Starlink, a high-speed, low-latency broadband Internet provider operated by Elon Musk’s aerospace company SpaceX, plans to expand its footprint in Malaysia to enable the country to increase its Internet penetration rate, especially in rural areas.
KUALA LUMPUR: The ringgit rebounded to open slightly higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to a softer US Treasury yield, an analyst said.
NEW YORK: Global equities fell further on Thursday, unable to sustain a late rally on Wall Street, as investors dumped stocks on fears of sluggish growth and bought safe-haven assets such as government debt and the Swiss franc.