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US to approve 737 MAX return as Boeing faces strong headwinds
WASHINGTON/SEATTLE: After nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing Co is set on Wednesday to win approval from the U.S. Federal Aviation Administration to fly its 737 MAX jet again after two fatal disasters.
Wall St ends sharply lower as pandemic fears resurge
NEW YORK: Wall Street ended sharply lower on Thursday as U.S. coronavirus infections surged and investors weighed the timeline for the mass rollout of an effective vaccine.
Lack of passenger flights squeezes air freight capacity
SYDNEY: A sharp fall in passenger flights due to the coronavirus pandemic combined with rising e-commerce demand is setting the stage for tight capacity and a renewed rise in air freight rates heading into the peak Christmas season.
Star Exclusive - The road to recovery gets bumpier
THE already bumpy road to economic recovery may turn bumpier as the headwinds blow harder. The resurgence of Covid-19 cases is threatening the country’s path to recovery, raising concerns over the survival of businesses and the people’s willingness to spend.
Boost for gloves if Supermax, Kossan added to KLCI
KUALA LUMPUR: The weightage of glove counters in the KLCI may possibly increase to 30% to 40% from 15% currently if Supermax Corp Bhd and Kossan Rubber Industries Bhd are added to the 30-stock index.
Wall Street closes lower as stimulus deadline nears without deal
NEW YORK: Wall Street's main indexes closed lower on Monday as Washington lawmakers still appeared to struggle to reach an agreement on coronavirus stimulus ahead of a Tuesday deadline that would make a relief package possible ahead of the the Nov. 3 elections.
Philips profit beats estimates with uptick in demand
AMSTERDAM: Royal Philips NV reported profit that beat analysts’ estimates, saying the lingering impact of the coronavirus and changes in the way health-care is delivered will boost demand for its medical gear in coming years
Insight - Driving home a message on MM2H
No reason to slow efforts in promoting Malaysia as a second home (MM2H)
China's imports, exports surge as global economy reopens
BEIJING: China's imports grew at their fastest pace this year in September, while exports extended strong gains as more trading partners lifted Covid-19 coronavirus restrictions in a further boost to the world's second-biggest economy.
Top Glove confirms looking into HK listing
KUALA LUMPUR: Top Glove Corp Bhd is evaluating a dual primary listing on the Hong Kong Exchange (HKEX) which will enable it to have an alternate and larger fund-raising platform to support its future growth strategy.
