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US weekly jobless claims remain high
WASHINGTON: A second wave of layoffs amid weak demand and fractured supply chains is keeping new US applications for unemployment benefits elevated, supporting views that the economy faces a long and difficult recovery from the Covid-19 recession.
Chevron to start sale for North West Shelf LNG stake
SAN RAMON (CALIFORNIA): Chevron Corp will start a sales process for its interest in the North West Shelf project in Australia, one of the nation’s first liquefied natural gas export ventures, after receiving a number of approaches from potential buyers.
Banks seen facing headwinds
PETALING JAYA: Despite the gradual reopening of the economy, the path ahead for banks remains bumpy at best until next year, with multiple economic headwinds weighing on the sector
Swab tests a must for foreign workers entering Brunei
BANDAR SERI BEGAWAN (Borneo Bulletin/ANN): Foreign workers in the oil and gas industry who are required to enter Brunei Darussalam must carry out their swab test both in their country and upon arriving in Brunei Darussalam, said Minister of Health Dr Mohd Isham Jaafar.
Bursa closes lower, KLCI near crucial 1,500 level
KUALA LUMPUR: Bursa Malaysia closed Thursday on a cautious note as the broader market showed weakness while glove makers were among the top losers. Key Asian markets were mixed.
Sabahan lass made heads turn onboard world's first floating LNG plant
KOTA KINABALU: In the midst of a male-dominated work zone onboard the world’s first floating liquefied natural gas (LNG) plant is a Sabahan girl, one of the few women working there.
Denmark still has far to go to meet tough 2030 emissions goal - energy agency
COPENHAGEN (Reuters) - Denmark will reduce greenhouse gas emissions by 44% by 2030 compared with 1990 levels if no new initiatives are introduced, the Danish Energy Agency (DEA) projected on Thursday.
Exercise caution over rising NPLs, says Affin Hwang
KUALA LUMPUR: Downside risks in the economy and the banking sector may trigger a correction in the liquidity-driven market, which is overbought at this juncture, says Affin Hwang Capital research.
COVID-19 cases surge in Oklahoma, other states ahead of Trump's Tulsa rally
PHOENIX (Reuters) - Several U.S. states including Oklahoma reported a surge in new coronavirus infections on Wednesday, just days before a planned campaign rally for President Donald Trump in Tulsa that will rank as the nation's largest social gathering by far in three months.
Bursa chairman urges more listing of syariah-compliant financial firms
PETALING JAYA: There remains ample room and potential for more syariah-compliant financial companies to list on the Malaysian stock exchange, according to Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.
