Matrix Concepts to benefit from large land bank
Most analysts are bullish on property developer Matrix Concepts Holdings Bhd’s long-term prospects, underpinned by its huge land bank and…
MBM expected to benefit from robust Perodua sales
MBM Resources Bhd had a strong start in the first quarter of financial year 2024 (1Q24), mainly driven by the…
PDD trades near cheapest level ever amid geopolitical risks
Shares of Temu parent PDD Holdings Inc are being held back by geopolitical risks and fierce competition in China’s eCommerce…
KPJ on track for strong earnings as healthcare tourism rises
KPJ Healthcare Bhd is expected to post stronger earnings in the coming quarters given the group’s strong market position and…
Petrobras CEO pushes oil prospect as matter of ‘national interest’
Petrobras’ new chief executive says a basin in Brazil’s Equatorial Margin, an environmentally sensitive offshore prospect seen as the country’s…
Bets on Canada rate cut bring hope for banks
Investors up and down Toronto’s Bay Street are increasingly betting on a June rate cut in Canada, potentially giving a…
Wall St returns to T+1 trading after a century
The US stock market is finally as fast as it was about a 100 years ago.
New business margin at India’s LIC falls, profit rises slightly
Life Insurance Corp (LIC) of India, the country’s biggest insurer, has reported a drop in its new business margin in…
Market volatility maintains pressure on domestic sector
The domestic stock market experienced choppy going last week and finished lower on profit-taking.