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Factory data lifts stocks, US$ gains on US election jitters
NEW YORK: Global equity markets rebounded on Monday as robust U.S., China and euro zone factory data offset lockdowns in Europe to combat record COVID-19 cases, while the dollar and gold rose on U.S. presidential election jitters.
KYO lifts cigarette firm BAT Malaysia sales in Q3Â
KUALA LUMPUR: British American Tobacco (Malaysia) Bhd said its sales in the third quarter grew at a faster pace than the industry, boosted by demand for newly introduced cheaper brand KYO.
Chinese online tutoring start-up Yuanfudao raises US$2.2b
BEIJING: Beijing-based education technology startup Yuanfudao said on Thursday that it has secured $2.2 billion from major Chinese and international investors in two recent rounds of financing that it said lifts the company's valuation to $15.5 billion.
Norway's Telenor lifts 2020 earnings view after Q3 beat
OSLO: Norway's Telenor raised its full-year earnings guidance after beating third-quarter expectations on Wednesday as cost cuts offset lower subscriber and roaming revenue.
Southern Cable lifts itself into new sectors
Newly-listed cable and wire manufacturer to enter the automobile and elevator business
Maersk to lay off 2,000 in business shake-up, lifts outlook on improving demand
COPENHAGEN: The world's biggest container shipping line, Maersk, said on Tuesday demand was recovering faster than expected and lifted its earnings outlook, while also announcing plans to cut 2,000 jobs as it streamlines to cut costs.
Final block of Lavile Kuala Lumpur by Orando Holdings launched
KUALA LUMPUR: The Lavile Kuala Lumpur freehold mixed-use development in Maluri, Cheras has seen a 95% take-up rate for the first three residential towers, since the project’s launch in late 2016.
Maybank eyes 12 mil applications for MAE app
KUALA LUMPUR: Malayan Banking Bhd is eyeing to secure up to 12 million applications for its newly-launched app, MAE by Maybank2u within a one-year period, said its group president and chief executive officer, Datuk Abdul Farid Alias.
After pandemic, sun sets on the days of dividends
After pandemic, sun sets on the days of dividends
Kenanga lifts earnings outlook on Scientex
KUALA LUMPUR: Kenanga Investment Bank Research has raised its earnings projection on Scientex Bhd on the back of core earnings that beat expectations in FY20.
