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Berjaya Food 9M core earnings below forecast

KUALA LUMPUR: Berjaya Food’s (BFood) core net earnings for the nine month ended Jan 31, 2018 (9MFY18) of RM15.7mil came in below CIMB Equities Research and the market’s expectations, making up 61% of both the full-year forecasts.

Growth will continue to be sustained by Starbucks franchise

Ringgit higher against US$ on continued buying demand

KUALA LUMPUR: The ringgit remained higher against the US dollar early Wednesday on continued buying demand for the local note, while benefiting from the fallout arising from the sudden dismissal of US Secretary of State, Rex Tillerson, a dealer said.

At 9 am(0100 gmt), the local note was quoted at 3.8920/8970 from 3.8950/9010 on Tuesday.

Ringgit makes slight gains on weak US wages data

KUALA LUMPUR: The ringgit was higher against the US dollar today on mild buying for the local unit, following weak US wages data that pressured the greenback, a dealer said.