<div class=newsTextDataWrapInner><p>（吉隆坡26日讯）丰隆金融集团（Hong Leong Financial Group Bhd）第二季净利上涨4.45%至5亿296万令吉，一年前为4亿8155万令吉。</p></div>

<div class=newsTextDataWrapInner><p>截至去年12月杪第二季（2020财年第二季），营业额增至13亿6000万令吉。</p></div>

<div class=newsTextDataWrapInner><p>2020财年首半年净利升至9亿9316万令吉，一年前报9亿8724万令吉，营业额则从26亿3000万令吉，提高至26亿9000万令吉。</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>（编译：魏素雯）</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><em>English version：<a href="https://www.theedgemarkets.com/article/hong-leong-financial-group-2q-net-profit-445">Hong Leong Financial Group 2Q net profit up 4.45%</a></em></p></div>


（吉隆坡26日讯）丰隆金融集团（Hong Leong Financial Group Bhd）第二季净利上涨4.45%至5亿296万令吉，一年前为4亿8155万令吉。

截至去年12月杪第二季（2020财年第二季），营业额增至13亿6000万令吉。

2020财年首半年净利升至9亿9316万令吉，一年前报9亿8724万令吉，营业额则从26亿3000万令吉，提高至26亿9000万令吉。

 

（编译：魏素雯）

 

English version：

丰隆金融集团次季净利涨4.45%

JPMorgan Chase on Monday raised its forecast for net interest income (NII), or the difference between what it makes on loans and pays out on deposits, to US$91 billion, excluding the markets division.

Shares of the bank rose about 1% in premarket trading ahead of the bank's investor day event scheduled to kick off in New York later in the morning.

JPMorgan raises 2024 interest income forecast to US$91 billion

WikiLeaks founder Julian Assange was given permission to have a full appeal over his extradition to the US after arguing at London's High Court on Monday he might not be able to rely on his right to free speech at a trial.

WikiLeaks founder Julian Assange wins permission to appeal US extradition

Shares in gold-related counters surged on Monday after the precious metal notched a fresh all-time high as investor demand soared across the broader metals market amid increasing optimism that the US will cut interest rates this year.

Poh Kong leads rally in gold-linked stocks as the precious metal hits fresh record

Sarawak-based shipping company Hubline Bhd disclosed to the local stock exchange that it is in talks with state-owned equity firm Ekuiti Nasional Bhd (Ekuinas) in regards to the potential acquisition of Orkim Sdn Bhd.

Hubline confirms talks to acquire Ekuinas' Orkim

Sunway Construction Group Bhd (KL:SUNCON), or SunCon, on Monday reported a 16.4% year-on-year (y-o-y) increase in net profit for the first quarter, thanks to higher billings in newer projects.

Sunway Construction posts 16% rise in 1Q net profit, eyes more advanced jobs

Malaysia’s export growth is expected to pick up pace by the second half of 2024 after reporting a slower-than-expected increase in April, supported by the global recovery in electrical and electronic (E&E) products’ demand.

Malaysia’s exports to pick up pace by 2H2024 after slower-than-expected April growth — economists

The Court of Appeal (COA) has allowed two appeals filed by a 53-year-old former remisier with AmBank (M) Bhd and AmInvestment Bank Bhd for her expert witness to testify in a High Court trial to help her application in seeking alleged damages for wrongfully preventing her to continue to ply her trade as a remisier and for usurping her profit-generating apparatus.

Expert witness can testify on estimation of damages for ex-remisier, says COA

AMSTERDAM (May 20): The prosecutor of the International Criminal Court on Monday said it had requested arrest warrants against Israeli Prime Minisiter Benjamin Netanyahu and Defence Minister Yoav Gallant for alleged war crimes in Gaza.

More to come
...

ICC prosecutor seeks arrest warrants for Israeli PM Netanyahu and Defence Minister Gallant

The government has decided to once again extend the freeze on foreign worker applications, according to Home Minister Datuk Seri Saifuddin Nasution Ismail.

Govt extends freeze on foreign worker applications, no new quota

Ministry of Economy Mohd Rafizi Ramli says that Bumiputera-mandated agencies will move away from providing grants and instead focus on providing financial leverage and assistance.

NEWS: No more ‘free money’ says Rafizi

<p>Iran's President Ebrahim Raisi was killed in a helicopter crash, an Iranian official and <i>Mehr</i> news agency reported on Monday. Below is a brief outline of what Iran's constitution says happens when a president is incapacitated or dies in office:</p>


What happens in Iran when a president dies in office?

<p>The High Court has ordered former Mara Corp chief executive officer (CEO) Datuk Badlisyah Abdul Ghani to pay the firm RM3.4 million after finding him guilty for breach of duty during his three-month term with the company, which is the investment and commercial arm of Majlis Amanah Rakyat.</p>


Former Mara Corp CEO ordered to pay RM3.4m to company for breach of duty

<p>Public Bank Bhd (KL:PBBANK), Malaysia’s third-largest banking group by assets, said on Monday its net profit slipped 3.5% for the first quarter ended March 31, 2024 (1QFY2024) from a year earlier, mainly due to higher personnel costs and higher provisions.</p>


Public Bank's 1Q net profit slips 3.5% on higher costs, provisions

<p>AS more investments continue to pour into the data centre (DC) industry, companies are looking to tap opportunities in either the DC construction, fit-out or testing and commissioning segments.</p>

<p>Notably, the artificial intelligence (AI) boom has spurred demand for digital infrastructure,...

Data centre-linked stocks gain traction on news flow

<p>Bursa Malaysia said on Monday it is introducing Trading Reminders, a new tool that highlights unusual trading activity in addition to queries issued over spikes in prices and volumes.</p>


Bursa introduces Trading Reminder flag on top of unusual market activity queries

<p>Electronics manufacturing services firm Notion VTec Bhd (KL:NOTION) charted a new three-year high on Monday, as Bursa Malaysia’s Technology Index touched a new one-year high following the US’ plan to hike tariffs on semiconductors from China.</p>


Notion VTec charts new three-year high amid rally in tech stocks

<p>Shares in gold-related counters surged on Monday after the precious metal notched a fresh all-time high as investor demand soared across the broader metals market amid increasing optimism that the US will cut interest rates this year.</p>


<p>A senior banker from Maybank Investment Bank Bhd, Kevin Davies, is said to be moving to smaller-sized rival RHB Investment Bank Bhd to take on the CEO role, according to at least three industry sources.</p>

<p>“The move is subject to regulatory approvals,” one of the sources tells The Edge.</p...

Maybank senior banker Kevin Davies said to be headed to RHB

<p>RHB Investment Bank Research has maintained its 'buy'&nbsp;rating for&nbsp;Gamuda Bhd (KL:GAMUDA) at RM5.58, with a higher target price of RM6.55 (from RM6.30), and said it is upbeat on the prospects Ho Chi Minh City (HCMC) has for Gamuda’s property arm.</p>


RHB IB upbeat on Gamuda’s prospects in Ho Chi Minh City, raises target price to RM6.55

<p>Gold prices hit an all-time high on Monday, as a slowing US inflation trend boosted expectations the Federal Reserve could deliver its first interest rate cut soon, while silver scaled a more than 11-year peak.</p>

<p>Spot gold rose 1% to US$2,438.44 per ounce, as of 0811 GMT, after hitting a record high of US$2,449.89 earlier in the session. US gold futures GCcv1 rose 1.1% to US$2,442.60.</p>


Gold hits record peak as rate-cut bets burnish appeal, silver jumps

<p>Maxis Bhd’s (KL:MAXIS) intention to build a second fifth-generation (5G) network could potentially put the group’s financial position and future earnings under pressure, according to analysts.</p>


Maxis' financial position could face pressure from proposed second 5G network, say analysts

<p>theedgemalaysia.com&nbsp;<wbr />highlighted one stock with positive momentum and 16 stocks with negative momentum at Bursa Malaysia's afternoon close on Monday. &nbsp;</p>


Cahya Mata Sarawak, Willowglen, Oceancash, Excel Force, Manulife, MBSB, MFM, Panasonic, ELK-Desa, Puncak Niaga, BIG Industries, Astral Asia, Niche Capital Emas, Hextar Retail, Arka, AHB, Dataprep

<p>Foreign buying of Malaysian equities was sustained for the fourth consecutive week with a total of RM873.9 million last week, leading to a year-to-date net inflow of RM4.9 million.</p>

<p>In its fund flow report on Monday, the MIDF Research team said the sustained interest in the domestic market may have stemmed from economic optimism, as recent data revealed a 4.2% year-on-year rise in gross domestic product in the first quarter of 2024.</p>


Foreign buying of M'sian equities sustained for fourth week with RM874m inflow, says MIDF

<p>Bumiputera-mandated agencies under the Ministry of Economy will move away from giving out ‘free money’ or grants, to focus on providing financial leverage and assistance for business expansion, its minister Rafizi Ramli said on Monday.</p>


Bumiputera agencies to move away from giving out 'free money', says Rafizi

<p>Malaysia is expected to see a "potential upswing" in external demand, particularly from China, while also benefitting from the imposition of US tariffs on Chinese goods, including electric vehicles (EVs) and their components, said TA Securities.</p>


Malaysia to benefit from China demand, US tariffs on Chinese EVs — TA Securities

<p>Taiwan President Lai Ching-te asked China on Monday to stop its military and political threats, saying in his inauguration speech that peace is the only choice and that Beijing had to respect the choice of the Taiwanese people.</p>

<p>Lai, addressing the crowd outside the Japanese-colonial-era presidential office in central Taipei, repeated a call for talks with China, which views the proudly democratic island as its own territory and has never renounced the use of force to bring it under Beijing's control.</p>


New Taiwanese president calls on China to stop its threats

<p>Malaysia Airports Holdings Bhd’s (KL:AIRPORT) traffic expanded by 7.6% to 11 million passengers in April 2024, compared with the preceding month's 10.2 million passengers.</p>


MAHB's passenger traffic hit 11 million in April, 7.6% higher month-on-month

<p>Malaysia’s exports rebounded at a slower-than-expected 9.1% in April from a year earlier, as a surge in shipments of machineries, chemicals and palm oil offset a decline in deliveries of petroleum products and subdued electronics demand, official data Monday showed.</p>


Malaysia's exports rebound slower than expected in April, official data shows

<p>Troubled Australian casino operator Star Entertainment Group said several suitors have approached the company about possible deals, after a newspaper reported that a consortium led by Hard Rock Hotel &amp; Casino made a takeover proposal.</p>


Star says suitors circling as Hard Rock reportedly makes offer 

<p>Asian shares hit two year highs while copper and gold struck records on Monday as investors wagered on interest rate cuts around the corner and China stepping up efforts to steady its ailing property sector.</p>
