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KUALA LUMPUR: The appointment of Tan Sri Muhyiddin Yassin to the helm of the National Recovery Council (NRC) will help ensure the continuity of plans to speed up the recovery of the country post-Covid-19.
KUALA LUMPUR: Blue chips closed higher for the second straight day on Wednesday, aided by gains in KL Kepong, Sime Darby Plantation and glove stocks amid a mixed broader market as buying interest interspersed with profit-taking.
KUALA LUMPUR: Bursa Malaysia shed some of the recent gains in early Wednesday trade as the nation awaited news about the successor for the prime minister’s post.
AFTER the Philippines Stock Exchange Index, which is down 8.2% year-to-date, the FTSE Bursa Malaysia KLCI (FBM KLCI) is now the second worst-performing index in Asia this year with a year-to-date decline of 7.7%.
BEIJING: Foreign investors remain upbeat about the long-term performance of overseas-listed Chinese companies with strong fundamentals, although regulatory uncertainties may continue to cloud the sector in the near future, according to market masterminds.
PETALING JAYA: Malaysia and Turkey have signed a joint declaration on the expansion of the free trade agreement or FTA between the two governments to reinforce the mandate in pursuing the expansion of the agreement to include chapters on services, investment and e-commerce, the International Trade and Industry Ministry (Miti) said.
SAN SALVADOR: El Salvador’s declaration of bitcoin as legal tender could create challenges for both the country and the cryptocurrency, according to a team from JPMorgan Chase & Co.
KUALA LUMPUR: Public Bank’s customers can opt in for a six-month moratorium under the National People’s Well-Being and Economic Recovery Package (Pemulih), the bank said on Thursday.
KUALA LUMPUR: CTOS Digital Bhd, which is seeking a listing on the Main Market of Bursa Malaysia, is offering up to 1.10 billion shares involving 900 million existing shares and 200 million new shares -- representing 50% of the enlarged share capital. Upon listing of 2.20 billion shares, its total market capitalisation will be RM2.42bil.