KUALA LUMPUR: Hock Seng Lee Bhd posted a net profit of RM14.12mil in Q2 ended June 30, 2018, a 44% improvement over RM9.78mil recorded in the previous corresponding quarter as revenue surged 103% to RM154.25mil.
SYDNEY (Aug 16): Asian stocks looked set for declines after technology shares slumped on earnings and copper sank into a bear market, weighing on commodities. Treasuries gained.
Futures indicated declines for stocks from Sydney to Hong Kong. U.S. benchmarks closed lower led by the Nasdaq 100 Index and crude oil slipped below $65 a barrel following a report that American stockpiles rose the most since March 2017. The dollar strengthened as investors sought its safe haven status and the yen gained. Emerging market shares fell within striking distance of a bear market.