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Media kept 'overweight' despite 'butterfly effect' fears over merging of streaming services by US media giants

Media kept 'overweight' despite 'butterfly effect' fears over merging of streaming services by US media giants

CGS-CIMB has raised concerns about the "butterfly effect" on the local entertainment companies that offer SVOD services.
Thu Sep 22 2022
Research houses positive on banking sector following OPR rate hike

Research houses positive on banking sector following OPR rate hike

CGS-CIMB reiterated its "overweight" call on banks as key beneficiaries of the OPR hikes after BNM raised 25 basis points (bps) to 2.50 pct yesterday.
Fri Sep 09 2022
Govt-PH MoU is positive for political stability, institutional reform - CGS-CIMB

Govt-PH MoU is positive for political stability, institutional reform - CGS-CIMB

CGS-CIMB Securities is upbeat on the potential market impacts from the signing of the MoU on Transformation and Political Stability.
Wed Sep 15 2021
MCO 3.0 likely to be less painful than previous MCOs - CGS-CIMB

MCO 3.0 likely to be less painful than previous MCOs - CGS-CIMB

CGS-CIMB has maintained its view that the MCO 3.0 is likely to be less painful than past iterations.
Mon May 10 2021
Banks' net interest income growth to revive this year

Banks' net interest income growth to revive this year

Banks would witness a recovery in net profit growth for the FY21, supported by the projected drop in loan loss provisioning.
Fri Mar 05 2021
CGS-CIMB reiterates 'overweight' call on banking sector, underpined by LLP decline

CGS-CIMB reiterates 'overweight' call on banking sector, underpined by LLP decline

The growth in household loans inched down from 5.0 per cent yoy at end-Dec-2020 to 4.9 per cent yoy in January this year.
Wed Mar 03 2021
Top Glove's share price higher despite 17 employees tested positive for COVID-19

Top Glove's share price higher despite 17 employees tested positive for COVID-19

Top Glove Corporation Bhd's share price was higher in the early trading session, increasing one sen to RM8.31 despite reports that 17 of its employees tested positive for COVID-19.
Fri Nov 06 2020
CGS-CIMB, Malacca Securities, RHB Investment, big winners at Bursa Award

CGS-CIMB, Malacca Securities, RHB Investment, big winners at Bursa Award

Bursa Malaysia honours top performing brokers and market intermediaries. Big wins for CGS-CIMB, RHB Investment Bank, Malacca Securities
Thu Jul 30 2020
Millions in Cuba still without power as major outage persists

Millions in Cuba still without power as major outage persists

Millions of Cubans remain without electricity because of a prolonged outage at the main power plants on the island, Anadolu Agency reported.
Sun Oct 20 2024
Surge in Gaza violence increases famine risk, monitor says

Surge in Gaza violence increases famine risk, monitor says

About 1.84 million people across the besieged Palestinian enclave are living through high levels of acute food insecurity.
Sun Oct 20 2024
Israel pounds Beirut and Gaza after rockets hit Israel's north

Israel pounds Beirut and Gaza after rockets hit Israel's north

A drone was launched at Prime Minister Benjamin Netanyahu's holiday home.
Sun Oct 20 2024
Elon Musk promises to award $1 mil each day to a signer of his petition

Elon Musk promises to award $1 mil each day to a signer of his petition

He awarded a $1 million check to an attendee of his event in Pennsylvania aimed at rallying supporters behind Donald Trump.
Sun Oct 20 2024
Former special forces commander Prabowo to take up Indonesian presidency

Former special forces commander Prabowo to take up Indonesian presidency

Indonesia's Prabowo Subianto will take over as president of the world's third-largest democracy after sweeping the country's election with policies like free meals for school children
Sun Oct 20 2024
Father of Malaysian Islamic banking, Abdul Halim Ismail passes away

Father of Malaysian Islamic banking, Abdul Halim Ismail passes away

His dedication and pioneering spirit played an important role in shaping the journey of Bank Islam as well as leaving a lasting impact on the development of Malaysia's Islamic finance industry.
Sun Oct 20 2024
Zayn Malik postpones US tour dates after One Direction bandmate Liam Payne's death

Zayn Malik postpones US tour dates after One Direction bandmate Liam Payne's death

Payne, 31, died on Wednesday after falling from a third-floor hotel room balcony in Buenos Aires, shocking fans of the boy band.
Sun Oct 20 2024
Why voters in a handful of swing states will decide the US presidential election

Why voters in a handful of swing states will decide the US presidential election

The contest will almost certainly be decided by just tens of thousands of voters a tiny fraction of the populace in a handful of states.
Sun Oct 20 2024
INSIGHT - Sudan's war risks 'lost generation' of children

INSIGHT - Sudan's war risks 'lost generation' of children

A devastating crisis is unfolding in Sudan, where the most vulnerable members of society children are bearing the brunt of the violence.
Sun Oct 20 2024
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024