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KUALA LUMPUR: Kenanga Investment Bank Research is retaining its outperform on Gamuda Bhd with an unchanged target price of RM4.10, after its subsidiary was officially appointed to oversee the Penang Transport Master Plan (PTMP).
KUALA LUMPUR: Morgan Stanley Investment Management (MSIM) launched the Morgan Stanley Global Balanced Sustainable Fund on Thursday.
LONDON: Trading in the reopened stores of the British fast fashion chain Primark has been encouraging but the prolonged lockdown means the retailer's full-year profit is likely to slump by about two thirds, owner Associated British Foods said.
BENGALURU: Indonesia's stocks and currency were driven in opposite directions on Thursday by rising bets for arate cut, while the baht drifted lower on Thailand's plans for a bigger budget deficit to revive its Covid-19 coronavirus-battered economy.
BENGALURU: The dollar's dominance will slowly melt away over the coming year on weakening global demand and a sombre US economic outlook, according to a Reuters poll of currency forecasters whose views depend on there being no second Covid-19 coronavirus shock.
KUALA LUMPUR: Kenanga Investment Bank Research is retaining its outperform on Gamuda Bhd with an unchanged target price of RM4.10 after its subsidiary was officially appointed to oversee the Penang Transport Master Plan (PTMP).
KUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday after overnight crude oil prices jumped on a major draw in crude oil inventory reports.
KUALA LUMPUR: Bursa Malaysia started the third quarter on Wednesday on a firmer footing, underpinned by gains in glove makers which enabled the FBM KLCI to chalk up slight gains.
WASHINGTON/SEATTLE/CHICAGO: Boeing Co failed to submit certification documents to the U.S. Federal Aviation Administration (FAA) detailing changes to a key flight control system faulted in two fatal crashes, a long-awaited government report seen by Reutershas found.