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EFFORTS to recover stolen money from the scandal-ridden 1Malaysia Development Bhd (1MDB) have kicked on ever since Pakatan Harapan formed the new government.

MISC’s Baa2 rating affirmed and outlook upgraded

KUALA LUMPUR: Rating agency Moody's Investors Service has affirmed the Baa2 issuer rating of MISC Bhd and revised upwards the international energy shipping company's outlook to stable from negative.

Global Forex Market

THE dollar appreciated by 0.46% to 96.7 by the end of the week after the Fed maintained a hawkish stance during the FOMC meeting.

Sapura Energy seals OMV deal

WHEN Sapura Energy Bhd embarked on a restructuring exercise this year, it was the group’s main objective to pare its high debts.

It’s a deal: Shahril and Pleininger shaking hands after the signing ceremony to set up Sapura OMV Upstream.

FGV probing Asian Plantations deal

THE board of FGV Holdings Bhd is said to be looking into the group’s investment in London-listed Asian Plantations Ltd (APL) that was acquired back in 2014.

Negative rating outlook for Petronas LNG

KUALA LUMPUR: Moody’s Investors Service has changed Petroliam Nasional Bhd (Petronas) LNG Ltd’s (PLL) ratings outlook to negative from stable.

Does the RSPO have a future?

THE Roundtable on Sustainable Palm Oil (RSPO) was established in 2004, in response to the attacks on the industry on environmental and social grounds. Members include palm oil growers, traders, financiers and end-users, as well as concerned non-government organisations (NGOs). Its aim is to “transform markets to make sustainable palm oil the norm”, and to “advance the production, procurement, finance and use of sustainable palm oil products.”

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