Finance & Investments - General
1 November 2021 By Ishika Mookerjee and Yantoultra Ngui (Bloomberg) — (Updates ringgit performance; adds Affin Hwang comment.) Malaysia’s stock benchmark slumped as much as 2.2%, the most in seven months, after the country unveiled a budget Friday. There...
Finance & Investments - General
14 October 2021 By Anuchit Nguyen (Bloomberg) — Southeast Asian stocks are on a tear this month, outperforming the rest of the region in a rally that’s being fueled by rising commodity prices and economic reopening from the coronavirus pandemic. Investors...
Finance & Investments - General
21 July 2021 (Bloomberg) — Malaysian rubber glove producers rallied on Wednesday as the resurgence of Covid cases across the region renewed buying interest in their shares. * Seven of the top 10 gainers on the bourse were gloves makers, led by Supermax Corp.,...
Finance & Investments - General
8 July 2021 A blistering palm oil rally is stoking a flurry of plantation deals as growers brace for stiffer challenges from environmental and labour risks. Higher prices of the tropical oil over the past year created a profit windfall for the industry, making the...
Finance & Investments - General
31 March 2021 Malaysia’s central bank said it expects the economy to return to pre-Covid levels by the middle of this year, and pledged to keep monetary policy accommodative as the country charts a recovery from the pandemic. Gross domestic product may expand 6% to...
Finance & Investments - General
10 April 2021 Rakuten Trade head of equity sales Vincent Lau said the movement in share prices may be driven by news flows and investors may want to be part of the turnaround stories or the companies’ ventures into new businesses. PRIVATE placements are all the...