Flawed valuations in private credit boom
Colm Kelleher whipped up a storm at the end of last year when the UBS Group AG chairman warned of…
Corporate News
SOBA judges face daunting task to pick winners
Judges of the Star Outstanding Business Awards (SOBA) 2023 believe this years’ awards encompasses high-quality entrepreneurs, making it increasingly challenging…
7-Eleven’s 4Q net profit surges to RM221mil
KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd’s (SEM) focus for the convenience stores segment continues to be on the expansion of…
Firing of a utility boss spotlights shorter tenures for women CEOs
The firing of American Electric Power Co’s (AEP) chief executive officer (CEO) after less than 14 months highlights a demographic…
Velesto to see good charter rates continuing
Velesto Energy Bhd is forecast to sustain its higher rig utilisation levels and charter rates in financial year 2024 (FY24)…
Genting Malaysia posts RM240mil net profit in 4Q, declares 9 sen dividend
KUALA LUMPUR: Genting Malaysia Bhd remains cautious of the near-term prospects of the leisure and hospitality industry but is positive…
Apple’s EV wind down offers reprieve to rivals
The sudden demise of Apple Inc’s electric vehicle (EV) programme is a bleak sign for the car market. It’s also…
Diversified product offerings to sustain IOIProp earnings
IOI Properties Group Bhd (IOIProp) expects its diversified product offerings spanning across three countries, recurring earnings from established property investment…
CIMB 4Q net profit jumps 29% to RM1.7bil
KUALA LUMPUR: CIMB Group Holdings Bhd remains vigilant about global economic uncertainties, including geopolitical tensions and China's potential slowdown, along…