Alliance Bank loan expansion to remain resilient
Alliance Bank Malaysia Bhd’s (ABMB) loan growth is expected to remain resilient, underpinned by small and medium enterprises’ (SME) loans…
Corporate News
Vale’s iron ore output tops analyst estimates in second quarter
Vale SA’s iron ore production in the second quarter was stronger than expected.
National Bank to raise more equity for CWB deal after shares recover
National Bank of Canada is raising an additional C$20mil (US$15mil) in connection with its planned acquisition of Canadian Western Bank…
Goldman joins rivals in setting up new Middle East-focused fund
Goldman Sachs Group Inc is working on raising a Middle East-focused fund and has hired a long-time JPMorgan Chase &…
MNH earnings growth trajectory likely to improve
MN Holdings Bhd (MNH) is a key proxy of Malaysia’s rising energy demand, given its track record in executing Tenaga…
PepsiCo inks fertiliser deal to cut emissions
PepsiCo Inc has struck an agreement with fertiliser giant Yara International ASA to secure lower-emission crop nutrients for farmers it…
Zhulian 2Q net profit at RM6.6mil
Zhulian Corp Bhd expects its current financial year to remain challenging amid inflationary pressure.
CGC eyes 25% increase in guarantee issuances this year
KUALA LUMPUR: Credit Guarantee Corporation Malaysia Bhd (CGC) is targeting to grow its guarantees issuances by 25 per cent this year…
Australia’s No. 2 pension fund to scoop up smaller Qantas rival
Australian Retirement Trust (ART), the nation’s second-largest pension, agreed to merge with smaller rival Qantas Super, in the latest sign…