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World 17 Feb 2017 | 2:28 AM

Ex-banker and leftist Correa ally vie in Ecuador election

GUAYAQUIL/QUITO, Ecuador (Reuters) - An ally of Ecuador's leftist President Rafael Correa and a conservative ex-banker are battling to become the next president in Sunday's election in the face of corruption scandals and a lacklustre economy.

Business 17 Feb 2017 | 4:06 AM

Oil firms as OPEC floats extended output cut; markets still bloated

SINGAPORE: Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at reining in a global fuel supply overhang.

Economy 17 Feb 2017 | 5:12 AM

Malaysian bond outflows stabilising although uncertainties remain

KUALA LUMPUR: The pace of foreign investment outflow slowed to 1.8% in January, compared to a 2.4% net outflow in December 2016, according to RAM Ratings.

Business 17 Feb 2017 | 5:20 AM

Bumi Armada completes Armada Kraken FPSO hook-up

KUALA LUMPUR: Bumi Armada Bhd’s Armada Kraken floating production, storage and offloading (FPSO) has arrived at the Kraken field in the UK North Sea on Feb 13.

Corporate News 17 Feb 2017 | 5:25 AM

KLCI creeps higher, boost from Maybank and PetChem, CPO lower

KUALA LUMPUR: Blue chips edged higher at midday on Friday, thanks to Malayan Banking (Maybank) and Petronas Chemicals but crude palm oil (CPO) for third month fell after the government raised the export tax from March.

Plantations 17 Feb 2017 | 6:11 AM

Felda’s success not limited to financial performance, says Isa

KUCHING: The success of Malaysia’s leading oil palm plantation company, Felda Global Ventures Holdings Bhd (FGV), should not be evaluated based merely on its financial performance.

Economy 17 Feb 2017 | 6:20 AM

Singapore’s growth shock masks a far duller outlook for economy

SINGAPORE: Singapore’s government has a message for anyone expecting great things following Friday’s surprise growth bounce: don’t hold your breath.

World 17 Feb 2017 | 6:34 AM

In Trump legislative void, Republicans slow to tackle big issues

WASHINGTON (Reuters) - President Donald Trump, after nearly a month in power, has yet to unveil major legislation or publicly endorse bills from others, getting Republicans off to a slow start on the sweeping reforms they promised on the campaign trail.

Plantations 17 Feb 2017 | 8:20 AM

CPO export duty rate to increase to 8% in March

KUALA LUMPUR: The crude palm oil (CPO) export duty rate will be increased to 8% in March 2017 from 7.5% this month.

Commodities 17 Feb 2017 | 10:27 AM

KLCI ends barely higher, CPO tumbles

KUALA LUMPUR: The FBM KLCI gave up most of its gains to close barley higher on Friday as Axiata took the brunt of the profit taking while plantation stocks were under pressure after crude palm oil (CPO) for third month delivery tumbled.