Powell signals rate cut delay after run of surprises
US Federal Reserve (Fed) chairman Jerome Powell has signalled policymakers will wait longer than anticipated to cut interest rates following…
Trading ideas: Maxis, Bank Islam, Malaysian Flour Mills, Menang, HeiTech Padu, Reservoir Link, MGRC, IGB REIT, Affin Bank and Excel Force
KUALA LUMPUR: Corporates making news headlines include Maxis, Bank Islam, Malaysian Flour Mills, Menang, HeiTech Padu, Reservoir Link, MGRC, IGB…
US stocks fall as rate uncertainty, earnings weigh
US stocks fell in choppy trading on Wednesday as investors assessed the Federal Reserve's interest rate stance and a batch of…
Loan applications for property take a breather in Feb
KUALA LUMPUR: Recent loan application data released by Bank Negara showed a drop off in loan applications for property purchases…
Feytech inks underwriting deal with TA Securities, AmInvestment Bank
KUALA LUMPUR: Feytech Holdings Bhd has entered into an underwriting agreement with TA Securities Holdings Bhd and AmInvestment Bank Bhd…
Smart Asia to issue 93.5mil shares, en route to ACE Market listing
KUALA LUMPUR: Smart Asia Chemical Bhd (Smart Asia) has signed an underwriting agreement with Mercury Securities Sdn Bhd for the…
ACE Market-bound Sin-Kung targets RM26mil in proceeds from IPO
KUALA LUMPUR: Sin-Kung Logistics Bhd aims to raise RM26mil from its initial public offering (IPO) en route to a listing…
Asia FX gains on respite from dollar strength, equities rally
ASIAN emerging market currencies recovered some lost ground on Thursday, with the South Korean won gaining the most, as the…
TSMC’s first quarter profit rises 9%, beats forecasts
TAIPEI: Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it…