Leadership
Top Glove trims Q2 loss to RM51.2 million, aims to return to profit in 2 quarters
TOP Glove Corporation executive chairman Lim Wee Chai expects the company to return to the black by FY2025, as Malaysian glove-makers continue to close the price gap with competitors...
Prudential posts 43% rise in FY2023 new business profit
PRUDENTIAL reported 43 per cent rise in new business profit to US$3.1 billion for the financial year ended last December, as compared to US$2.2 billion a year ago. On...
Malaysia’s central bank calls for reforms with economy on firmer footing
MALAYSIA’S central bank on Wednesday called for an acceleration of structural reforms to ensure long-term strength, with economic growth set to benefit from a recovery in exports and robust...
Asia: Markets swing as traders await Federal Reserve policy decision
ASIAN markets fluctuated on Wednesday as traders struggled to track another record day on Wall Street, with focus squarely on the Federal Reserve’s policy meeting. Decision-makers are widely expected...
Gold range-bound as investors brace for Fed decision, Powell speech
GOLD prices were stuck in a tight range on Wednesday (Mar 20) as investors refrained from making big bets ahead of the US Federal Reserve’s policy decision and remarks...
Singapore stocks rise at Wednesday’s open; STI up 0.2%
SINGAPORE equities advanced at the opening bell on Wednesday (Mar 20) morning, mirroring overnight gains on global markets. As at 9.01 am, the Straits Times Index (STI) rose 7.39...
CLI issues 1 billion yuan of 3.5% sustainability-linked bonds in China
CAPITALAND Investment (CLI) has raised 1 billion yuan (S$187.1 million) from its inaugural sustainability-linked bond issuance in China. The bond was issued under CLI’s 2 billion yuan debt programme...
No oil and gas majors aligned with climate targets: report
ALL major oil and gas companies plan fossil fuel expansion incompatible with limiting warming to 1.5 deg C, a new report said on Wednesday. The assessment of the 25...
