Business News
AirAsia Shares Slide to Near Four-Year Low as Anwar Rules Out Financial Support for Now
AirAsia shares hit their lowest since 2022 after Anwar said the government has not agreed to provide financial support to the airline.
Category: Stocks and Markets
Business News
SC Extends Yinson Privatisation Deadline for MISC, EPF to Nov 30
The SC has given MISC and EPF until Nov 30 to decide on taking Yinson Holdings private via a scheme of arrangement.
Stocks and Markets
Westports Posts Stronger 9M Earnings on Transhipment Growth, Maintains Volume Outlook
Westports Holdings Bhd reported strong financial results for FY2026, with a nine-month core profit of RM1.03 billion, exceeding expectations.
Business News
Petra Energy Turns the Corner, Net Profit Seen Jumping Over 400% in FY27: MBSB Research
MBSB Research sees Petra Energy's net profit surging over 400% to RM44 million in FY27, with an indicative fair value of RM0.69.
Analyst Report
FBM KLCI Extends Gains as Tech Stocks Rebound
FBM KLCI rose 0.17% to 1,602.27 for a second straight gain as technology, construction and property stocks led a broad rebound.
World Business News
KOSPI Rebounds 3.29% to 5,735.66 as Samsung, SK hynix Jump Over 5% on AI Chip Rally
South Korea's KOSPI jumped 3.29% to 5,735.66 on Wednesday as Samsung Electronics and SK hynix rose more than 5%, foreigners bought 664.6 billion won…
World Business News
CATL Shares Slump as Q3 Profit Growth Slows to 14.5%, Weakest in Nearly Two Years
CATL's third-quarter net profit rose 14.54% to 21.25 billion yuan, its slowest growth in nearly two years, sending its Shenzhen shares down more than…
Business News
Poultry Sector Resilient Despite Heavy Reliance on Imported Feed
Strong domestic poultry demand supports sector outlook, though imported feed dependency remains a key earnings risk for producers.
Business News
FBM KLCI Recovery Remains Fragile Amid Weak Market Breadth and Foreign Outflows
FBM KLCI rebounded slightly but weak breadth, foreign outflows and fragile sentiment continue to threaten market recovery prospects.
Stocks and Markets
RedPlanet Poised for Growth as Rail Technology Expansion Strengthens Earnings Prospects
RedPlanet’s rail technology expansion, growing order book and infrastructure digitalisation opportunities support strong earnings growth prospects.
Indonesia
Guthrie Rejects Fire Allegations, Says No Active Blazes Found at Indonesian Estates
Guthrie cites ground checks, strict policies and extensive firefighting operations across estates saying allegations are unsupported
World Business News
Carrefour Cuts 2026 Profit Targets as Riots and Curfews in France Hit Stores
Carrefour lowered its 2026 earnings, margin and cash-flow targets after unrest in France damaged about 50 stores and forced closures, even as third-quarter like-for-like…
Stocks and Markets
Wall Street Rebounds as Investors Return to Technology Stocks
Wall Street rebounded as technology stocks recovered, while investors awaited major earnings and monitored global market risks.
Stocks and Markets
FBM KLCI Slips Below 1,600 Amid Foreign Selling Pressure
FBM KLCI fell below 1,600 as foreign selling persisted, with investors cautious despite stronger domestic economic growth.
Business News
REITs Remain Attractive as Stable Income and High Yields Offset Market Volatility
Strong yields, resilient earnings and long-term DPU growth support REITs despite interest-rate risks and market volatility.
Stocks and Markets
Global Stocks Retreat as Tech Sell-Off Deepens
Global equity markets declined, driven by tech stock sell-off, rising oil prices, and inflation concerns amid geopolitical tensions.