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NEW YORK: U.S. stocks ended in positive territory on Thursday as fresh stimulus hopes buoyed investor sentiment toward the end of a session fraught with worries over mounting shutdowns and layoffs linked to spiraling COVID-19 infection rates.
KUALA LUMPUR: The ringgit extended last week’s upward momentum to close higher against the US dollar today as risk appetite was fuelled by stable crude oil prices, dealers said.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, in line with the weaker soybean oil prices on the US Chicago Board of Trade (CBOT).
NEW YORK: Oil rose about 4% on Tuesday to touch highs not seen since March as a third promising coronavirus vaccine raised hope for fuel- demand recovery and U.S. President-elect Joe Biden began his transition to the White House.
KUALA LUMPUR: OKA Corporation Bhd has closed its Senai factory temporarily until Dec 21 after two of its workers were found to be infected with Covid-19.
KUALA LUMPUR: OKA Corp Bhd has closed its Senai factory temporarily until Dec 21 after two of its workers were found to be infected with Covid-19
KUALA LUMPUR: New Hoong Fatt Holdings Bhd has temporarily closed the affected metal parts production factory of its wholly-owned subsidiary Auto Global Parts Industries Sdn Bhd (AGP) from Dec 25 until further notice to contain potential Covid-19 infections.