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US stocks: S&P 500 losing streak runs to 8 days,longest in 8 years

NEW YORK: The S&P 500 fell for an eighth straight session on Thursday, its longest losing streak since the 2008 financial crisis, as Facebook shares weighed and investors grappled with uncertainty over next week's U.S. presidential election.

Bank Negara may publish customer service index of financial services providers

KUALA LUMPUR: Bank Negara, which on Thursday launched the Financial Ombudsman Scheme, may introduce a customer service index for the financial services industry.

Credit Suisse posts surprise profit but predicts tough markets

ZURICH: Credit Suisse reported an unexpected net profit for a second quarter in a row on Thursday though the surprise was largely down to real estate sales and Chief Executive Tidjane Thiam cautioned the outlook remained challenging.

SC approves Affin sale of investment bank stake to Daiwa

KUALA LUMPUR: The Securities Commission (SC) has approved a proposal by Affin Holdings Bhd to dispose of a minority stake in Affin Hwang Investment Bank Bhd to Japan’s Daiwa Securities Group Inc.

Hong Leong Bank unveils auto loan platform

KUALA LUMPUR: Hong Leong Bank Bhd on Thursday formally launched its auto loan application platform called Loan2Go.

Watford chairman Riva resigns

LONDON (Reuters) - Raffaele Riva resigned on Wednesday as chairman of Watford, the Premier League club being investigated over allegations of falsified financial information before the current owner completed his takeover.

Ringgit opens higher against US$ early Thursday

KUALA LUMPUR: The ringgit opened higher against the US dollar Thursday amid continued concerns and uncertainty in the United States Presidential election, next week.

Asia stocks, US$ wrestle with US election risk Thursday

SYDNEY: Asia shares joined the U.S. dollar on the defensive on Thursday as the nail-biting U.S. presidential race saw the S&P 500 suffer its longest losing streak in five years as investors sailed to safer harbors.

Diary Malaysia Thursday Nov 3


Online purchasing gone bad

MANY people who have been shortchanged after purchasing items online are unable to file a claim with the Consumer Claims Tribunal because of the lack of information about the seller.