Public Bank can ride on provision write-backs
Public Bank Bhd has the strongest headroom among its peers for potential provision write-backs, making it an attractive stock as…
Category: Corporate News
Miner BHP hits guidance with record iron ore production
BHP Group Ltd’s iron ore output climbed 6% in the three months to the end of June, taking the global…
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…
Bank of America says it will invest more in trading arm
Bank of America Corp is putting more money and balance sheet resources behind its trading business, according to chief executive…
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…
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.
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…
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 &…
Zhulian 2Q net profit at RM6.6mil
Zhulian Corp Bhd expects its current financial year to remain challenging amid inflationary pressure.