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Aramco IPO tests Saudis’ faith in their crown prince
RIYADH: Nawaf Abdel-Aziz has never put any money into the stock market before, but he says buying shares in the world’s most profitable company is a no-brainer.
Local steel consolidation begins to take shape
THE much-needed consolidation in the ailing steel sector in Malaysia has begun to take shape.
The top five events investors will likely watch closely this week
Washington's latest accusation that China is dumping wooden cabinets and vanities on U.S. shores sums up the mood between the two warring sides as they head into another round of high-level discussions
Budget 2020: Tax measures amid taxing times
THE International Monetary Fund has slashed its 2019 global gross domestic product (GDP) growth from 3.5% to 3.2% due to the ongoing US-China trade tensions and global economic uncertainties.
Malaysia, as a significant trading nation will not be spared.
Oil price up as US unemployment rate drops, but crude ends week down 5%
NEW YORK: Oil prices rose about 1% on Friday as an increase in U.S. jobs eased some financial market concerns that a slowing global economy could dent oil demand, but crude fell more than 5% on the week, its second consecutive weekly decline.
What’s the strategy?
Analyst says history shows ‘quite convincingly’ that fourth-quarter returns tend to be positive.
Trade war hasn’t stopped Wall Street’s US$9bil China rush
EXECUTIVES from the biggest US financial firms, including JPMorgan Chase & Co and Goldman Sachs Group Inc, are scheduled to meet top regulators in Beijing in a sign that the trade war with the US has done little to derail China’s opening of its US$43 trillion financial system.
Oil set for worst week since July as Saudis restore production
SEOUL: Oil is heading for the biggest weekly loss since July on indications Saudi Arabia is restoring lost crude production quicker-than-expected after attacks on its key energy infrastructure.
VS Industry posts record annual net profit
PETALING JAYA: Electronics manufacturing services company VS Industry Bhd has posted a record annual net profit, as stronger sales orders from key clients boosted margins at its operations in Malaysia.
VS Industry's earnings climb as it profits from US-China trade war
KUALA LUMPUR: Electronics manufacturing services company VS Industry Bhd posted record annual net profit as stronger sales orders from key clients boosted margins at its operations in Malaysia.