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US gun lobby takes aim at 'gun-hating' banks Citi, BofA

WASHINGTON: The U.S. gun lobby is taking aim at "gun-hating" banks after Citigroup Inc and Bank of America said they would no longer provide certain banking services to gun-makers, according to industry lobbyists.

In March, Citigroup put restrictions on new retail business clients which sell guns to require their customers to pass background checks.

Perodua to fully reimburse GST in cash

KUALA LUMPUR: Perodua will fully reimburse the goods and services Tax (GST) to customers who purchase a new Perodua vehicle ahead of the zero-rated GST implementation on June 1.

Dayang tumbles, day trading and short selling suspended

KUALA LUMPUR: Shares of Dayang Enterprise Holdings Bhd fell to a low of 56 sen on Friday afternoon, prompting Bursa Malaysia Securities to suspend the intra-day short-selling (IDSS) and proprietary day trading (PDT).

Litrak, Cahya Mata Sarawak tumble

KUALA LUMPUR: Shares of toll-road operator Litrak and cement producer Cahya Mata Sarawak tumbled in the afternoon session on Friday.

PetDag earnings dip 13.7% to RM218m

KUALA LUMPUR: Petronas Dagangan Bhd expects the retail market to remain competitive on declining car sales even as consumers turn to energy-efficient vehicles, public transport and e-hailing services.

FGV lauds new government's non-interference stance in GLCs

KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) supports the government's non-interference stance with regards to government-linked companies (GLCs), said Chief Executive Officer (CEO), Datuk Zakaria Arshad.

UOB Kay Hian Research upgrades MyEG to Buy on weakness

KUALA LUMPUR: UOB Kay Hian Malaysia Research has upgraded MyEG Services to buy on weakness as the government service provider’s risk-reward profile has turned positive with share price having plunged 65% over the past few days to trade close to its assessed trough value of 84 sen.

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