<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 20): Bumi Armada Bhd rose as much as 7% after the group said its floating production, storage and offloading (FPSO) unit in Angola achieved its first oil output.</p></div>

<div class=newsTextDataWrapInner><p>Last Friday, Bumi Armada said the FPSO unit Armada Olombendo achieved oil production at Angola's Block 15-06 on Feb 8 this year for Eni SpA.</p></div>

<div class=newsTextDataWrapInner><p>Today, Bumi Armada shares climbed to their highest so far at 77.5 sen.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>At 11:43am, the stock was traded at 77 sen with some 62 million shares traded.</p></div>

<div class=newsTextDataWrapInner><p>Bumi Armada was Bursa Malaysia's second most-active stock. From a fundamental viewpoint, AmInvestment Bank Bhd analyst Alex Goh said AmInvestment maintained its &quot;hold&quot; call for Bumi Armada shares with an unchanged target price of 64 sen.</p></div>

<div class=newsTextDataWrapInner><p>Goh said in a note today, &quot;Although (Bumi Armada is) at an earnings inflection point this year, the low asset utilisation remains a concern for the group's offshore support vessel division.&quot;</p></div>

<div class=newsTextDataWrapInner><p>RHB Research Institute Sdn Bhd offers a technical viewpoint on Bumi Armada shares. RHB analyst Lew Chee Hao wrote in a report today RHB had set its immediate resistance level at 84 sen for Bumi Armada shares, followed by RM1.</p></div>

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KUALA LUMPUR (Feb 20): Bumi Armada Bhd rose as much as 7% after the group said its floating production, storage and offloading (FPSO) unit in Angola achieved its first oil output.

Last Friday, Bumi Armada said the FPSO unit Armada Olombendo achieved oil production at Angola's Block 15-0...

Bumi Armada rises 7% on Angola oil output

Voice TV, a television station owned by former Prime Minister Thaksin Shinawatra’s family, is set to cease operations next month and lay off about 200 employees including journalists, local media Thai PBS reported.

Thaksin-linked TV station to cease operations — report

BERN (April 26): Climate campaigners picketed the Swiss National Bank's (SNB) shareholders meeting on Friday to protest against the central bank's investments in companies they say damage the environment and carry out fracking.

Climate groups picket Swiss National Bank's shareholder meeting over its investments

The Bank of Japan (BOJ) largely left its monetary policy settings unchanged on Friday, which the market will see as a dovish move and likely to lead to further yen weakness, analysts say.

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KUALA LUMPUR (April 26): China will firmly support Malaysia in pursuing a development path suited to its national conditions, and support Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim in promoting the principle of "Malaysia Madani" in governance.

China’s Foreign Minister Wang Yi sa...

China backs Malaysia firmly in pursuing its development, role in global arena — Wang Yi

PARIS (April 26): French energy giant TotalEnergies posted a 22% decline in first-quarter earnings versus a year earlier on Friday, as higher refining margins only partly offset a steep decline in profits from natural gas.

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YNH Property Bhd (YNH) issued a clarification to bondholders via Malaysian Trustee Bhd on the technical default of its Islamic notes, as well as the status of its mall sale and the appointment of a new auditor.

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Petrol station operators threatened by diesel smuggling syndicates are urged to lodge formal reports to the Domestic Trade and Cost of Living Ministry (KPDN), said minister Datuk Armizan Mohd Ali.

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Malaysia is poised to be the next home of Zhejiang Geely Holding Group Co Ltd’s (Geely) methanol-powered vehicles, after China and the European market.

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Japan said it plans to expand restrictions on exports of four technologies related to semiconductors or quantum computing, the latest in a global push to control the flow of strategic tech.

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<p>Berjaya Corp&nbsp;Bhd (BCorp) has denied that its founder Tan Sri&nbsp;Vincent Tan Chee Yioun participated in talks to revive a US$100 billion (RM477.60 billion)&nbsp;Forest City casino resort as reported recently.</p>


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<p>Doctor-turned-businessman Tan Sri Mohan MK Swami and his partner Datuk Seri Dr Shamir Kumar Nandy agreed on Friday to acquire a 58% stake in property management company Turiya Bhd for RM52.86 million from MAA Group Bhd.</p>


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<p>The corporate exercise to merge the AirAsia airline businesses under AirAsia X Bhd (AAX) is apparently sufficient to offset all of the RM8.7 billion negative equity in Capital A Bhd, according to chief executive officer Tan Sri Tony Fernandes.</p>


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<p>The Securities Commission Malaysia (SC) has updated its Investor Alert List.</p>


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<p>Shares of ViTrox Corp Bhd are headed for its worst day in 18 months as first-quarter (1Q) results disappointed investors while analysts turned increasingly cautious on the semiconductor company’s near-term prospects.</p>


ViTrox shares on pace for worst day in 18 months as 1Q disappoints

<p>Uday Kotak built his Kotak Mahindra Bank Ltd over decades to become Asia’s richest banker. After India’s regulator slapped his firm with a surprise ban, he’s facing one of his biggest tests yet — and a dip in wealth.</p>


Asia’s richest banker loses US$1.2 bil after RBI ban

<p>Mercury Securities Sdn Bhd has valued ACE Market-bound Sin-Kung Logistics Bhd at 14 sen based on a 14 times financial year 2025 (FY2025) earnings per share forecast of one sen.</p>


Mercury Securities values ACE Market-bound Sin-Kung Logistics at 14 sen

<p>RHB Retail Research said YTL Corp Bhd is eyeing to extend the upside movement after it staged a bullish breakout.</p>


YTL Corp eyeing to extend upside movement, says RHB Retail Research 

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Fahmi: 5G adoption rate almost 36%, coverage 80.3%, second network unveiling next week

<p>RHB Retail Research said VS Industry Bhd is poised to continue the bullish trajectory after it broke past the key resistance on high volume.</p>


VS Industry poised to continue bullish trajectory, says RHB Retail Research 

<p>Prime Minister Datuk Seri Anwar Ibrahim on Friday suggested all parties mentioned in a recent report&nbsp;alleging that the government is planning to issue&nbsp;a licence for a casino in&nbsp;Forest City, Johor, to take necessary action&nbsp;against the foreign news agency.</p>


Anwar wants action taken against Forest City casino licence news report

<p>The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise £250 billion (RM1.28 trillion) a year for the global fight against poverty, inequality and global heating, ministers from four leading economies have suggested.</p>


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<p>The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen.</p>

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<p>Malayan Banking Bhd (Maybank) has obtained a summary judgement at the High Court here against ACE Credit (M) Sdn Bhd, ACE Corporation (M) Sdn Bhd, and the company directors Datuk Choong Chee Meng and Chang Ai Nee, for defaulting on a RM46.47 million loan given to them by the bank.</p>


Maybank obtains summary judgement against ACE Corporation, three others for RM46m loan default

<p>Anyone called in by the Malaysian Anti-Corruption Commission (MACC), either as a witness or subject of investigation, is given ample opportunity to provide additional, detailed information as they please, and this includes imprisoned former prime minister Datuk Seri Najib Razak.</p>


MACC officer says Najib given ample opportunity to elaborate while statements were recorded

<p>The Malaysian Anti-Corruption Commission (MACC) has given businessmen Mirzan Mahathir and Tan Sri Mokhzani Mahathir a 30-day extension from Friday to declare their assets to the anti-graft body.</p>


Mirzan and Mokhzani given 30-day extension to declare assets

<p>Pavilion Real Estate Investment Trust rose to its highest in more than a month&nbsp;after the release of its first-quarter results, while analysts expect the REIT, which mainly manages shopping malls, to benefit further from higher tourist arrivals.</p>
