Star shares plunge as investors doubt validity of takeover bid by Hard Rock
FLORIDA-based Hard Rock International has denied any involvement in a takeover bid for Star Entertainment, sending the troubled Australian casino…
Australia central bank pondered raising rates on higher inflation risks
SYDNEY: Australia's central bank decided to stand pat on interest rates at its May meeting in part to avoid "excessively…
KTI aims to raise RM48mil from IPO for working capital, land acquisition
KUALA LUMPUR: KTI Landmark Bhd expects to raise RM48mil en route to a listing on the ACE Market of Bursa…
Affin Bank’s net profit drops to RM110.21mil in 1Q on narrower net interest margin
KUALA LUMPUR: Affin Bank Bhd, which reported net interest margin compression in 1Q24 had impacted its bottomline, will remain focused…
Hartalega records RM12.72mil net profit in FY24 on favourable forex
KUALA LUMPUR: Hartalega Holdings Bhd's optimism over an improving industry landscape seems to paying off as the glove maker's fortunes…
PETRONAS Dagangan projects growth in retail and commercial segments
KUALA LUMPUR: PETRONAS Dagangan Bhd said it expects continued growth in its retail and commercial business segments amid an increase…
Manufacturing industry capacity utilisation reaches 80.8% in 1Q – DoSM
KUALA LUMPUR: The manufacturing industry operated at 80.8 per cent capacity in the first quarter of 2024 (1Q 2024), up from…
Ringgit surges to breach RM2.99 level against yen
KUALA LUMPUR: The ringgit breached the RM2.99 level against the Japanese yen last seen in June 2015 in early trade on Tuesday.
Stocks slide, dollar holds firm as Fed focus intensifies; crypto soars
TOKYO: Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's…