Top foreign and local stories at 4pm

The ringgit rose 0.22% to 4.4600 from 4.4700.

Top Glove allocates RM220m for 2017 capex: Top Glove Corporation Bhd will set aside RM220 million for capital expenditure for the 2017 financial year. Executive chairman Tan Sri Lim Wee Chai said about two-thirds of the amount will be used for building new capacity while the balance would be used for automation and refurbishment of existing capacity. — StarBiz