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LONDON: Japanese aluminium buyers have agreed to pay the highest premium in six years to get their metal in the second quarter.
Innovation to lead growKUALA LUMPUR: The Covid-19 pandemic has provided Malaysia with an opportunity to reset and build stronger fundamentals on multiple fronts, says Bank Negara.
NEW YORK: Oil prices slid more than 1% on Tuesday as the Suez Canal reopened to traffic and the U.S. dollar rallied.
IF you think the ultimate reason the Suez Canal got blocked last week is because container ships are getting too big, get ready for the future.
KUALA LUMPUR: The local bourse ended Tuesday on a weak note, bucking the uptrend among regional peers, as index-linked glove makers dragged.
NEW YORK: Asian shares were set to open higher on Tuesday as investors shook off earlier worries about a hedge fund default that roiled global banking stocks overnight, while rekindled concerns about inflation pushed bond yields higher.
NEW YORK: Oil prices rose nearly 1% on Monday after Reuters reported that Russia would support stable oil output from OPEC+ ahead of a meeting with the producer group later this week.
SINGAPORE: As soon as retail investor Calvin Froedge heard that a massive container vessel was stuck in the Suez Canal, he pulled his car over to the side of the road, opened up his laptop and started buying shipping stocks.
TOKYO: Oil slumped more than 2% on Monday after news from the Suez Canal that salvage crews have managed to move the giant container ship that has been clogging up the vital global trade passage for nearly a week.