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KUALA LUMPUR (May 23): A remand order and travel ban on Datin Seri Pamela Ling Yueh stood in contrast to her role as a witness for the Malaysian Anti-Corruption Commission (MACC), her family lawyer said on Friday.
At least two research houses have downgraded YTL Power International Bhd (KL:YTLPOWR) given a more cautious earnings outlook after the group delivered weaker-than-expected results.
KUALA LUMPUR: CelcomDigi Bhd’s core earnings growth is expected to accelerate to 11 per cent and 25 per cent in financial year 2026 (FY26) and FY27, from four per cent in FY25.
KUALA LUMPUR: Hong Leong Investment Bank Bhd (HLIB Research) has raised Kossan Rubber Industries Bhd’s earnings forecasts following upbeat results in the first quarter of financial year 2025 (Q1FY25).
KUALA LUMPUR: Oil prices slipped on Friday, weighed down by a stronger US dollar and the possibility that OPEC+ will further increase its crude oil output.
SYDNEY: Asian shares made some tentative gains on Friday as beaten-down Treasuries found buyers after US President Donald Trump's tax bill narrowly passed the lower house, although debt worries still lingered.
KUALA LUMPUR: Gold was set for its best weekly gain in more than a month on Friday, as a softer dollar and mounting concerns about the deteriorating fiscal outlook for the world's biggest economy boosted the metal's safe-haven appeal.
SINGAPORE: The US dollar was soft on Friday, poised to make its first weekly drop in five weeks against the euro and the yen as worries over the United States' worsening fiscal health sent investors scurrying for safe havens.
AME Elite Consortium Bhd (KL:AME) has proposed to provide up to RM100 million in financial assistance to Suling Hill Development Sdn Bhd, a 50%-owned jointly controlled entity of its wholly owned subsidiary Northern Industrial Park Sdn Bhd.
SINGAPORE: Asian economies must remain agile and not succumb to tit-for-tat tariff retaliation, a deputy managing director of the Monetary Authority of Singapore said on Friday.
Bursa Malaysia Securities Bhd on Thursday granted Pharmaniaga Bhd (KL:PHARMA) a three-month extension up to Aug 29 to implement its regularisation plan.
SYDNEY: Asian shares made some tentative gains on Friday as beaten-down Treasuries found buyers after U.S. President Donald Trump's tax bill narrowly passed the lower house, although debt worries still lingered.
TOKYO: Japan's core inflation accelerated at its fastest annual pace in more than two years in April, data showed on Friday, raising the odds of another interest rate hike by year-end.
KUALA LUMPUR: The ringgit opened stronger against the US dollar on Friday, due to a weaker US Dollar Index (DXY) amid mixed economic data, said an analyst.
KUALA LUMPUR: Ringgit memulakan urus niaga Jumaat dengan mengukuh berbanding dolar Amerika Syarikat (AS) berikutan Indeks Dolar AS (DXY) yang lemah di tengah-tengah data ekonomi yang bercampur-campur, kata penganalisis.
KUALA LUMPUR: Public Investment Bank Bhd (PublicInvest) has maintained its earnings forecasts for DRB-Hicom Bhd after the group returned to profitability in the first quarter ended March 31, 2025 (1Q25), driven by stronger sales and improved cost efficiency.