Airline earnings underscore discounting pressure
United Airlines forecast a lower-than-expected profit in the current quarter and announced plans to cut capacity, providing further evidence that…
Wall St ends sharply lower as earnings heat up
US stocks tumbled on Thursday, reversing early gains as investors continued to rotate away from high-priced megacap growth stocks and second-quarter…
Bank Negara, SC to establish integrated dispute resolution scheme in 2025 – MoF
KUALA LUMPUR: Bank Negara Malaysia (BNM) and the Securities Commission (SC) will establish an integrated dispute resolution scheme (IDRS) to be…
Trading ideas: Gamuda, Affin Bank, Haily, Sunview, T7, AmanahRaya REIT, Samaiden, SCIB, Sapura Resources, Ancom Nylex, Well Chip
KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
FBM KLCI to defend 1,630 amid mounting volatility
KUALA LUMPUR: The downward pressure on the domestic market is set to continue amid the volatility on Wall Street as…
Ringgit rebounds slightly against US$ ahead of 2Q GDP estimates
KUALA LUMPUR: The ringgit rebounded to open slightly higher against the US dollar on positive sentiment ahead of the release of…
TSMC shares fall nearly 2% even after raising 2024 revenue forecast
TAIPEI: Taipei-listed shares of TSMC fell at the market open on Friday, even after the company raised its full-year revenue…
Malaysia’s GDP expanded 5.8% in 2Q – advance estimate
KUALA LUMPUR: Advance estimates for Malaysia's gross domestic product (GDP) suggest the economy expanded 5.8% in the second quarter of…
FBM KLCI stays firm amid volatile regional sentiment
KUALA LUMPUR: The FBM KLCI stayed positive after a sluggish start as it shrugged off the volatile trading seen in…