Ivan Boesky, convict in 1980s insider trading scandal, dies at 87
Ivan Boesky, the financier who gave birth to the “greed is good” mantra before going to prison in one of…
Public Bank loan growth likely at 5%-6% this year
Public Bank Bhd, which reported a 3.5% year-on-year decrease in its first quarter (1Q24) net profit, is maintaining modest targets…
Fed officials urge patience on timing of initial rate cut
WASHINGTON/AMELIA ISLAND: Federal Reserve policymakers said on Tuesday the U.S. central bank should wait several more months to ensure that inflation…
CIMB forecasts mid-June kickoff for fuel subsidy rationalisation
KUALA LUMPUR: CIMB Treasury and Markets Research anticipates the rollout of fuel subsidy rationalisation to commence in mid-June 2024 at the earliest.
M&S annual profit soars 58% as turnaround strategy delivers
LONDON: British retailer Marks & Spencer reported a 58% rise in annual profit, ahead of market expectations, as its strategy…
Five Petroleum to explore partnerships in Uzbekistan
FIVE Petroleum Malaysia Sdn Bhd, a prominent player in the Malaysian energy sector, partook in a memorandum of understanding (MoU)…
Potential exports of RM2.4bil from Kazakhstan, Uzbekistan signal opportunities in Central Asia – Tengku Zafrul
KUALA LUMPUR: Potential exports worth RM2.4 billion from businesses in Kazakhstan and Uzbekistan indicate numerous opportunities for Malaysian companies to…
UK inflation pressure stays hot, dashing hopes for June rate cut
LONDON: Inflation in Britain eased less than expected and a key core measure of prices barely dropped, prompting investors to…
US stocks end slightly higher after Fed comments
US stocks closed with slight gains on Tuesday, sending the S&P 500 and Nasdaq to record levels, as investors assessed the…