Arkib Bulanan: February 2024

Bursa Malaysia records improved showing in FY23

Bursa Malaysia records improved showing in FY23

KUALA LUMPUR: Bursa Malaysia Bhd has a positive outlook for 2024, as it expects the local equity market to perform better on the back of stronger economic growth forecast for this year. Its chairman, Tan Sri Abdul Wahid Omar, said this is expected to pave the way for higher corporate …

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Decent fourth-quarter results likely for CIMB

Decent fourth quarter results likely for CIMB

PETALING JAYA: CIMB Group Holdings Bhd is expected to deliver “decent” fourth-quarter results, despite its higher credit costs sequentially. Maybank Investment Bank (Maybank IB) Research forecast CIMB’s earnings for the fourth quarter of 2023 (4Q23) to be higher on a year-on-year basis, given that credit cost had been particularly high …

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F&N resolute in its long-term growth plans

FN resolute in its long term growth plans

PETALING JAYA: Fraser & Neave Holdings Bhd (F&N) will continue to capitalise on the return of international tourists and out-of-home consumption post-pandemic. For the first quarter ended Dec 31, 2023 of financial year 2024 (1Q24), F&N’s net profit declined by 14% year-on-year (y-o-y) to RM170.7mil or earnings per share of …

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Golf: Golf-Langer hopes for late end to emotional Masters farewell

Golf Golf Langer hopes for late end to emotional Masters farewell

(Reuters) – Bernhard Langer has missed the Masters cut for the last three years but the two-times champion will be doing all he can to snap that streak this year and make the most of his final start at Augusta National. The 66-year-old German, speaking to reporters on Wednesday ahead …

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Mexican president denies drug cartel financing in first campaign

Mexican president denies drug cartel financing in first campaign

MEXICO CITY (Reuters) – Mexico’s president rejected allegations on Wednesday that his first presidential campaign nearly two decades ago received financing from drug cartel leaders in exchange for future help with their criminal operations from his would-be government. The allegations are laid out in extensive reports published earlier in the …

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Argentina’s Milei seeks omnibus bill backing as opposition warns ‘chainsaw’ starting

Argentinas Milei seeks omnibus bill backing as opposition warns chainsaw

BUENOS AIRES (Reuters) – The government of Argentine libertarian President Javier Milei was racing to secure votes in Congress for its key ‘omnibus’ reform bill that entered the lower of chamber on Wednesday, even as the left-leaning opposition pledged to oppose it. The bill, ranging from economic policy to privatization …

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US receives thousands of reports of AI-generated child abuse content in growing risk

US receives thousands of reports of AI generated child abuse content

(Reuters) – The U.S. National Center for Missing and Exploited Children (NCMEC) said it had received 4,700 reports last year about content generated by artificial intelligence that depicted child sexual exploitation. The NCMEC told Reuters the figure reflected a nascent problem that is expected to grow as AI technology advances. …

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Germany’s former top neo-Nazi hunter now being monitored as extremist

Germanys former top neo Nazi hunter now being monitored as extremist

BERLIN (Reuters) – Hans-Georg Maassen, who until five years ago was responsible for protecting Germany against violent and extremist threats to its democracy, is himself now being monitored by the security agency he ran, the bureaucrat-turned-politician said. Maassen was dismissed as head of Germany’s Office for the Protection of the …

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New US ETF targets ‘Magnificent Seven’ mega-cap technology stocks

New US ETF targets Magnificent Seven mega cap technology stocks

(Reuters) – Tidal Financial Group and ZEGA Financial launched a new exchange-traded fund (ETF) designed to profit from future growth in the “Magnificent Seven” growth and technology companies that have come to dominate U.S. market indexes and returns. The YieldMax Magnificent 7 Fund of Options Income ETFs will invest in …

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Football: Soccer-Japan cruise into Asian Cup quarter-finals with 3-1 win over Bahrain

Football Soccer Japan cruise into Asian Cup quarter finals with 3 1 win

DOHA (Reuters) -Four-times champions Japan eased into the quarter-finals of the Asian Cup with a clinical 3-1 victory over Bahrain on Wednesday at Al Thumama Stadium with goals from Ritsu Doan, Takefusa Kubo and Ayase Ueda. Bahrain coach Juan Anotnio Pizzi had been looking to heal old wounds after his …

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