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SINGAPORE: Oil kept rising after closing at a eight-month high on increasing optimism that recent Covid-19 vaccine breakthroughs will lead to a swift recovery in global energy demand next year.
KUALA LUMPUR: Sunway Malls, which operates seven malls across Klang Valley, Penang and Johor, continues to see healthy demand for its retail space with the opening of 200 new shops across its malls despite the weak market condition arising from COVID-19 pandemic.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today amid the firmer crude oil prices and weaker performance of the greenback, dealers said.
BEIJING/SHANGHAI: As luxury spending rebounds in China, consumers with money to burn have a new habit beyond fancy bags and watches: a taste for collector editions of fiery domestic liquor Moutai, not to drink but to hold onto as a rapidly appreciating investment.
SHANGHAI: The yuan rebounded against the dollar on Tuesday, after the Trump administration cleared the transition for US President-elect Joe Biden, with hopes of better relations between Beijing and Washington also underpinning a broad lift in sentiment.
PETALING JAYA: A deficit situation in the global vegetable oils will lend support to crude palm oil (CPO) prices going into 2021, says Rabobank.
KUALA LUMPUR: Foreign demand for Malaysian bonds stayed sturdy in October, with the domestic bond market charting its sixth consecutive month of net foreign inflows, which totalled RM8bil, RAM Ratings said.