UMC’s new plant capacity forecast to boost earnings
Analysts remain optimistic on UMediC Group Bhd’s (UMC) performance for the coming quarters, supported by its new plant capacity as…
EcoWorld Malaysia in positive territory
Eco World Development Group Bhd’s (EcoWorld Malaysia) land disposal in Johor is positive and should allow the property development group…
Labour market likely to remain stable throughout this year
Malaysia’s labour market is poised for continued stability and growth throughout the year, buoyed by economic activities and supportive government…
Positive views on Scientex’s latest land buy
Scientex Bhd is getting a fair deal from its latest proposed acquisition of 350.3 acres freehold land in Pulai, Johor…
Recovery in global demand contributes to rise in country’s IPI
Malaysia’s industrial production is expected to maintain its positive momentum for the remaining part of this year.
Nasdaq, S&P 500 post record closing highs
The S&P 500 and Nasdaq registered record closing highs for a second straight day on Tuesday, helped by a gain…
Bursa bucks mixed wall street trend to open higher
Bursa Malaysia opened higher today despite a mixed performance on Wall Street as most heavyweights recovered from losses amid broad…
EPF’S 1Q income rises 33.1% to RM19.2bil
The Employees Provident Fund recorded total distributable income of RM19.20bil for the first quarter ended March 31, 2024, an increase…
HSBC to Boost Stake in China Fund JV to Become Majority Owner
HSBC Holdings Plc agreed to buy part of its partner’s stake in a China fund venture, becoming a majority shareholder…