Market News on 17 MAY 2024
Dow closes lower Thursday after briefly topping 40,000 for first time (CNBC)
Fed remains cautious on cuts even as data improves (Reuters)
US labor market fairly tight, broader economy losing steam (Reuters)
Malaysia’s Inflation In 2023 Was Slower At 2.5%: DOSM (Malaysian Reserve)
MPOB keeps June 2024 crude palm oil export duty at 8% (The Edge)
IJM’s UK arm and Network Rail Property to develop eight sites in four London boroughs (The Sun)
IRB fails in bid to get RM1.8bil taxes from TNB (The Star)
Iconic Files RM4.96 Million Claim Against ex-PM’s Son In Laws Company (Business Today)
SEB Accepts LOA For Civil Work Worth RM39.8 Million (Business Today)
Pansar wins RM30m Sarawak Museum facilities contract (Malaysian Reserve)
Pertama in talks to continue operating online bail system e-Jamin (The Edge)
AirAsia MOVE partners with The Commune Mall to offer exclusive deals to mall patrons (The Edge)
Thong Guan teams up with Kedah agency to develop RM200m GDV property project (The Edge)
JcbNext sells more shares in Taiwan-listed 104 Corp, expects net gain of RM10.5m (The Edge)
UEM Sunrise, partners to develop renewable energy park in Johor (The Edge)
IPO: Smart Asia Chemical Stock Oversubscribed By 33.8 Times (Business Today)
Thursday, 16 May 2024 Entitlement Announcement
6:17PM MPI Second Interim Dividend
5:22PM HLIND Second Interim Dividend