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KUALA LUMPUR: The FBM KLCI stumbled in early trade amid a pause in the global rally as the dispute over Hong Kong's independence from China sought to reignite US-China trade tensions.
KUALA LUMPUR: The ringgit strengthened against the US dollar in early session today on an overnight recovery of oil prices but investors are cautious over a possible escalation of United States (US)-China trade war risk, said an analyst.
NEW YORK: Asian shares were set to dip in choppy trade on Friday as worries about worsening U.S.-China ties offset the fillip from hopes massive government stimulus can jump-start the world economy
NEW YORK: A gauge of global equity markets climbed on Thursday on optimism for a speedy economic recovery and a massive stimulus plan in Europe helped lift regional stocksand the euro, while gold rebounded on a safety bid on deteriorating U.S.-China relations.
PETALING JAYA: Real estate investor and developer Mulpha International Bhd has posted a net loss of RM10.65mil for the first quarter of the financial year ending Dec 31,2020, impacted by its hospitality division and lower share of associated profits.
PETALING JAYA: Power Root Bhd’s net profit rose almost 156% to RM12.67mil for its fourth quarter to March 31,2020 due to an overall improvement in sales, strengthening of the US dollar which contributed to higher foreign exchange gain and an one-off impairment on trade receivables provided in the previous year’s corresponding quarter.
Los Angeles: Several major Las Vegas casinos say they will reopen next week after being closed for more than two months because of the coronavirus pandemic -- welcome news for Nevada, which heavily relies on the massive gaming industry for its economic wellbeing.
BEIRUT (Reuters) - At a street market in southern Beirut, Lebanese crowd around volunteers handing out free rations of bread and pasta, staples that have become a lifeline to families whose living standards have plunged during a financial crisis.
KUALA LUMPUR: The ringgit ended slightly lower against the US dollar on Thursday amidst the decline in global crude oil prices, a dealer said.
KUALA LUMPUR: S&P Global Ratings has affirmed the 'BBB+' Ratings with a stable outlook for Tenaga Nasional Bhd as it expects the financial profile to remain supported by regulated revenues with limited demand risk.