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Wall Street rises as investors watch stimulus, pandemic and earnings
NEW YORK: Wall Street's main indexes closed higher on Monday as investors bet on some of the market's most high-profile stocks ahead of earnings reports while they weighed progress in U.S. government stimulus efforts against rising U.S. COVID-19 cases.
MARC extends watch rating on PLUS sukuk
PETALING JAYA: Malaysian Rating Corp Bhd (MARC) continues to keep its “MARC Watch Developing” placement on Projek Lebuhraya Usahasama Bhd’s (PLUS) RM23.35bil sukuk musharakah programme.
MARC extends watch on PLUS’ RM23.35b Sukuk
KUALA LUMPUR: Malaysian Rating Corporation (MARC) continues to keep its “MARC Watch Developing” on Projek Lebuhraya Usahasama Bhd’s (PLUS) RM23.35bil Sukuk Musharakah programme.
Nestle to eliminate 200mil plastic straws a year
KUALA LUMPUR: Nestle (M) Bhd will be implementing 100% paper straws across its entire ultra-high temperature (UHT) range by year-end.
CIMB Bank forecast to have better second half
PETALING JAYA: A weak second quarter ending June 30 (2Q20) is seen for CIMB Group Holdings Bhd as lumpy credit costs and higher net interest margin (NIM) compression is expected to weigh on its bottomline.
Palm oil industry may see full recovery in 4Q
KUALA LUMPUR: Palm oil industry may see a full recovery in the fourth quarter of this year if COVID-19 pandemic is manageable and contained, Council of Palm Oil Producing Countries (CPOPC) said.
Time to reward postpaid users with unlimited data
Consumers are more price conscious, given the new normal
Gambling addiction spikes among South Korea's work-from-home day traders
SEOUL: Day traders seeking help for gambling addiction have tripled in number in South Korea, as COVID-19 social distancing and working-from-home has freed up more time for online stock market trading, data showed.
