Everything about Business, finance, startup, marketing, and communication skills
KUALA LUMPUR: FBM KLCI fell nearly 10 points in morning trade as investors shored up ahead of the central bank’s monetary policy committee meeting later this week. The major index fell 9.65 points to close at 1,440.09 at 12.30 pm. Overall, the market was also negative, with 594 losses as compared to 196 gainers. Amid … Read More “Bursa’s relief rally wasted on the fear of OPR” »
Kuala Lumpur: Sime Darby Bhado exiting the non-major ports business by selling its entire equity interest in Weifang Port companies for 1.92 billion yuan (about RM1.27 billion). Sime Darby Overseas (HK) Limited (SDOHK), an indirect wholly owned subsidiary, has signed agreements to sell its stake in eight entities to SPG Bohaiwan Port Group Co., Ltd., … Read More “Sim Darby RM1.27bil . Weifang Port companies for” »
KUALA LUMPUR: The ringgit opened flat today against the US dollar ahead of the Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting this week, though demand for the greenback remained strong on its safe-haven position, an analyst said. . At 9 am, the local currency was trading at 4.4060/4100 against the US Dollar, compared … Read More “Ringgit Flats to open before OPR’s decision this weekend” »
KUALA LUMPUR: Net sales of domestic equities by offshore funds rose sharply in the past week to RM320.3mil, more than five times the amount registered in the previous week. According to MIDF Research, more than half of the net outflows were recorded on Thursday as RM196.3mil net worth exited the Malaysian market. Fund inflows on … Read More “Foreign net sales of Bursa Equities RM320.3mil . grew to” »
Kuala Lumpur: Stocks with recent corporate announcements will make headlines including Gamuda, Mudjaya, yinsonAmfirst REIT, DNEX and GCapital, said JF Apex Research. Gumuda Bhado Received RM1.96bil construction contract as the main contractor for Sg Russau water treatment plant in Selangor. Mudjaya Group Bhadi Won a RM104mil earthquake contract for a 1,200MW combined cycle gas power … Read More “Business Ideas: Gamuda, Mudjaya, Yinson, MFIRST REIT, DNEX and GCapital” »
Commercial sector value is back on the upswing read full story Source link
London: British companies have become increasingly gloomy about the outlook, with inflation rising and investment plans looking stagnant, according to the latest business survey, which reflects a rapid drain of momentum from the economy. The British Chambers of Commerce (BCC) said that 54% It surveyed more than 5,700 companies between May 16 and June 9 … Read More “Confidence in UK companies erodes as economic crisis mounts” »
Petaling Jaya: Despite uneven economic recovery, new business premiums for the life insurance sector are projected to increase by at least a single point and up to 10% this year. Last year, new business premiums increased by 12%. New business premium is the premium received from new policies for a particular year. Sophia Lee, co-head … Read More “Strong demand for coverage | star” »
“Minions: The Rise of Gru” is a sequel to the 2015 film “Minions” and a spin-off/prequel to the main “Despicable Me” film series. universal The family has gone bananas for “Minions: The Rise of Gru.” in the weekends, universal And ticket sales for the Illumination animated feature increased by more than $108 million. The fifth … Read More “Rise of Gru tops domestic box office opening at $108 million” »
A Citibank sign in front of one of the company’s offices in California. Justin Sullivan | Getty Images Investors are unable to find a trough in this bear market, and are struggling to maintain any optimism amid rising concerns of a potential recession. However, the key to successfully surviving a bear market is to wait … Read More “Buy Rivian and Nios Say Top Wall Street Analysts” »
