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K. Harinderan

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https://www.businesstoday.com.my
Editor's Choice

Analysts Upbeat As Telekom Malaysia May Attain More Customers Through Nxera JV

K. Harinderan -
Telekom Malaysia (TM) has entered into a 51:49 JV with Nxera, a unit of SingTel, to build  greenfield data centres (DC) in Malaysia. Kenanga Investment...
Global

Euro Annual Inflation Up 2.6% In May-24, Paving The Way For ECB Policy Easing

K. Harinderan -
The European Commission cited the euro area annual inflation rate was 2.6% in May 2024, up from 2.4% in April. A year earlier, the...
Global

U.S. Retail Sales Fall Below Expectations In May

K. Harinderan -
U.S. retail sales barely rose in May and data for the prior month was revised significantly lower, suggesting that economic activity remained lacklustre in...
Global

Hong Kong Viable Stocks – Hua Hong Semiconductor, Sunny Optical Technology

K. Harinderan -
Hua Hong Semiconductor is eyeing to extend the upward trajectory after it staged a bullish breakout. RHB Retail Research said today (June 19) that the...
Global

Nvidia Eclipses Microsoft As World’s Most Valuable Company

K. Harinderan -
Nvidia (NASDAQ:NVDA) became the world's most valuable company on Tuesday, dethroning tech heavyweight Microsoft (NASDAQ:MSFT) as its high-end processors play a central role in...
Global

Oil Holds Two-Day Gain As Risk-On Mood Eclipses Stockpile Build

K. Harinderan -
Oil steadied after its biggest two-day gain in three months as a sustained risk-on mood in wider markets outweighed signs of further stockpile growth...
Global

Asian Shares To Gain After Another S&P 500 Record

K. Harinderan -
Most Asian equity benchmarks were poised to gain on Wednesday as a surge in chipmakers drove US stocks to yet another record-breaking session on...
Global

Nvidia Climbs To Wall Street’s Mountaintop As Indexes Edge Up To More Records

K. Harinderan -
The staggering run for Nvidia’s stock carried it to the market’s mountaintop Tuesday, as it became the most valuable company on Wall Street. Stock...
Global

Australia’s Central Bank Stays On Rates, Alert To Inflation Risks

K. Harinderan -
Australia's central bank debated whether to raise interest rates at a policy meeting on Tuesday given there were upside risks to inflation, but decided...
Finance

Maybank Asset Management Aligns With Pictet To Launch Premium Brands Fund

K. Harinderan -
Maybank Asset Management Sdn Bhd (MAM), in collaboration with Pictet Asset Management (Europe) S.A. has launched the MAMG Premium Brands Fund, a qualified Sustainable...
Global

Singapore’s Temasek To Sell Pavilion Energy To Shell

K. Harinderan -
Singapore's global investment company Temasek said on Tuesday it has agreed to sell 100% of its shares in liquefied natural gas (LNG) trading firm...
Markets

Rubber Products Growth Set To Accelerate

K. Harinderan -
Operating dynamics remain in favour of the glove manufacturers on the back of better demand visibility, supply rationalisation, and stabilisation of ASP. RHB Investment Bank...
Markets

Top Glove’s Operating Dynamics Turns Favourable

K. Harinderan -
Top Glove Corporation Bhd (TOPG) is scheduled to report its 3QFY24 (Aug) results on 19 Jun. RHB Investment Bank (RHB), in a note today (June...
Markets

Consumer Sector Reveals Pockets Of Strength

K. Harinderan -
Malaysia’s consumer sector’s earnings delivery in the recently-concluded 1QCY24 results season held up despite various challenges F&N (OP, TP: RM38.25), AEON (MP, TP: RM1.21) and...
Editor's Choice

Evergreen Group Announces Strategic Partnership With UbbIB Amid Acquisition Process

K. Harinderan -
Evergreen Group will sign a Strategic Partnership Agreement with UBB Investment Bank Limited (UbbIB), a prominent licensed investment bank headquartered in Malaysia on June...
Global

Li Qiang To Engage With Business Leaders, Politicians In Mineral-Rich Western Australia

K. Harinderan -
Chinese Premier Li Qiang will meet business leaders and lawmakers in Western Australia on Tuesday, and is expected to visit a lithium processing plant...
Editor's Choice

IPO Note: UUE Holdings – An Underground Utility Expert Wired Towards Success

K. Harinderan -
Established near to 15 years, UUE engaged in the underground utilities engineering industry, specialising in Horizontal Directional Drilling (HDD) method, with the  presence in...
Global

China’s Retail Sales Up As Opposing Industrial Production Slows In May

K. Harinderan -
Chinese retail sales picked up in May but industrial production growth slowed, official data showed Monday, suggesting the recovery in the world’s second-largest economy...
Global

Oil Holds Gain As Risk-On Sentiment Helps To Support Commodities

K. Harinderan -
Oil held the biggest advance in a week as risk-on sentiment in wider markets overshadowed a mixed outlook for crude. West Texas Intermediate traded above...
Global

U.S Surgeon General: Social Media Is Just As Unhealthy As Cigarettes, Wants To Add Warning Label

K. Harinderan -
The U.S. surgeon general has called on Congress to require warning labels on social media platforms and their effects on young people’s lives, similar...
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