Markets

China probes former top securities regulator

By BLOOMBERG
LONDON • Liu Shiyu (picture), the former head of China’s securities regulator, is under investigation for suspected law violations and has ...

Gabungan AQRS’ 1Q19 earnings dip

By SULHI KHALID / Pic By TMR File
Gabungan AQRS Bhd’s net profit for the first quarter ended March 31, 2019 (1Q19) declined by 34% year-on-year (YoY) ...

High-quality investments in 1Q19 realised FDI

by BERNAMA / pic by RAZAK GHAZALI
THE historical high realised foreign direct investment (FDI) recorded in the first quarter of 2019 (1Q19) was made up ...

Dayang to issue new shares, restructure debt

Dayang Enterprise Holdings Bhd plans to issue up to 192.96 million new shares in conjunction with the restructuring of its debt which includes a proposed ...

Corporate results: PetChem, EA Technique, Pharmaniaga, Sunway Construction and AirAsia X

PetChem enters into SPA agreement with Da Vinci Petronas Chemicals Group Bhd (PetChem) is buying Da Vinci Group B.V. from Bencis Capital Partners for €163 ...

Citigroup hit hardest as EU fines banks RM5b over collusion on forex

By BLOOMBERG
BRUSSELS • Citigroup Inc, Royal Bank of Scotland Group plc (RBS) and JPMorgan Chase & Co are among five banks that agreed to pay ...

Leong Hup ends unchanged at RM1.10 on relisting

The largest listing in the past 2 years opened its maiden trading day at RM1.12 before hitting a high of RM1.19
By NUR HAZIQAH A MALEK Leong Hup ...

Could F&N and KLCCPSG become FBM KLCI’s component stocks?

F&N was ranked 30th with a market cap of RM12.4b, while KLCCPSG was placed 28th with RM14.1b
By NG MIN SHEN / Pic By TMR The local stock market was ...

Bitcoin adds market share as crypto winter turns to summer

PORTLAND • Bitcoin is proving to be the one true thing for digital-asset enthusiasts during the sudden resurgence in cryptocurrency prices.
As the ...

Rich Asia investors face rising risk in leveraged bond funds

HONG KONG • The red hot rally in credit this year has prompted wealthy investors in Asia to borrow money to buy funds that often load up on lower-rated ...

Corporate results: Favelle Favco, Cahya Mata Sarawak, HSS Engineers

Favelle Favco units secure contracts worth RM78m Favelle Favco’s wholly owned subsidiaries, Favelle Favco Cranes Pty Ltd, Favelle Favco Cranes (M) Sdn Bhd ...

Corporate results : Media Chinese, Dialog, Tan Chong, YFG and YNH

Media Chinese gives profit warning  Media Chinese International Ltd (MCIL) has given a profit warning it may record a net loss for the financial year ...