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IF there was one thing Kevin Lam was sure of when he took the helm as Hong Leong Bank Bhd (HLBB) group managing director and CEO just over six months ago, it was that he had not been hired to do a business-as-usual (BAU) job.
In an exclusive interview with The Edge, the veteran Singapor...
WHEN asked about the financial fiasco of 1720, known as the South Sea Bubble, and the surge in The South Sea Company’s stock price, Sir Isaac Newton famously responded, “I can calculate the motions of the heavenly bodies, but not the madness of the people.”
Perhaps this popular investme...
KUALA LUMPUR: The FBM KLCI extended its gains on Wednesday and breached the 1,500-point level after Bank Negara kept its overnight policy rate (OPR) unchanged.
Datuk Dr Yu Kuan Chon’s rise to fame in Corporate Malaysia was not due to his ownership of the flagship development company YNH Property Bhd (YNH) and precision tooling outfit Rapid Synergy Bhd (Rapid).
He became a well-known figure after an epic seven-year corporate battle with tycoon ...
KUALA LUMPUR: The FBM KLCI rose in early trade to close above the 1,500-point level amid persistent buying interest from foreign funds into heavyweights.
Banking and financial services stocks were among the top gainers in early morning trade on Friday, after they concluded the latest earnings reporting season with mostly encouraging results.
YTL Power International Bhd and its parent YTL Corp Bhd are to be included as constituents of the Kuala Lumpur Composite Index (KLCI) under the latest semi-annual review by Bursa Malaysia and FTSE Russell, replacing Dialog Group Bhd and Westports Holdings Bhd.
Hong Leong Financial Group Bhd (HLFG) recorded a net profit of RM741.64 million for the first quarter ended Sept 30, 2023 (1QFY2024), up 10.78% from RM669.47 million in the same period a year ago, as it saw an improvement across all operating companies and reversal of impairment losses.