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Foreign investors continue sell-off for fifth straight week

PETALING JAYA: International funds ramped up their selling activity last week, marking the fifth consecutive week of foreign net outflows, with RM834.6...

Asian stocks pulled higher by Wall St jobs rally but China caution prevails

SYDNEY: Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data although regional gains were...

Tighter climate policies could erase $2.3 tln in companies value: Report

LONDON: Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from...

Japan third-quarter GDP growth revised up

TOKYO: Japan’s growth in the July-September quarter was greater than initially estimated, thanks to strong pre-tax hike consumption and corporate investment, government...

World Bank to reduce lending to China

WASHINGTON: The World Bank said Saturday its lending to China has fallen sharply and will continue to be pared back, after US...

Inflation pushes India central bank to keep rates on hold

MUMBAI: High inflation prevented India’s central bank from cutting rates for a sixth time Thursday, while it slashed its annual growth forecast as...

Headline inflation to average higher in 2020: World Bank

KUALA LUMPUR: Headline inflation is projected to average higher in the range of 1.5-2% in 2020 as the effects of policy-related factors...

Sanichi’s halal gelatin venture draws interest from Chinese firm

PETALING JAYA: Sanichi Technology Bhd said China State Construction Engineering Corp (CSCEC) has expressed interest to participate in its halal gelatin industrial...

Protasco unit gets Sarawak road job

PETALING JAYA: Protasco Bhd’s 30% owned associate company, PJP Barisan HCM JV Sdn Bhd, has been awarded by the Public Works Department...

Saudi Aramco’s shipping arm looks to charter tankers in LNG foray: sources

SINGAPORE: Saudi Aramco's shipping arm Bahri has issued an expression of interest (EOI) to charter up to 12 liquefied natural gas (LNG)...

Tesco reviewing Malaysia business for possible sale

LONDON: Britain’s biggest supermarket chain Tesco said on Sunday it had started a review of its businesses in Thailand and Malaysia, including...

Ringgit easier in early trade on better demand for greenback

KUALA LUMPUR: The ringgit opened easier against the US dollar in early trade today, on better demand for the greenback amidst the upbeat...

Bursa Malaysia opens lower on market consolidation

KUALA LUMPUR: Bursa Malaysia opened lower today as market consolidation momentum continued, dealers said. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM...

Developer targets 50% occupancy for Exchange 106 by end-2020

KUALA LUMPUR: Mulia Property Development Sdn Bhd, the developer of Exchange 106 at the Tun Razak Exchange (TRX), is targeting to achieve 50%...

2020 will be better year for glove makers on higher demand from US: Affin...

PETALING JAYA: Affin Hwang Capital believes 2020 would be a better year for glove makers, as they would likely benefit from stronger demand...

Fed set to hold fire as US economy ends year on high note

WASHINGTON: With the strength of the world’s largest economy on display at year end, the US Federal Reserve is all but certain to...

China Nov exports unexpectedly fall, but imports rebound

BEIJING: China's exports in November shrank for the fourth consecutive month, customs data showed on Sunday, confounding market expectations for a rise...

AirAsia Group expects non-airline business to contribute 60% to revenue

KUALA LUMPUR: AirAsia Group Bhd expects its non-airline business to contribute 60% to its revenue from about 20% currently in the next...

BNM international reserves unchanged at US$103.2b as at Nov 29

KUALA LUMPUR: Bank Negara Malaysia’s international reserves remained at US$103.2 billion (RM426.6 billion) as at Nov 29, 2019, unchanged from Oct 31,...

Affin Bank to approve 12,000 SME loans in 2020

KUALA LUMPUR: Affin Bank Bhd aims to provide 12,000 small and medium enterprise (SME) loans in 2020. To this end, SME Banking director,...

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