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BENGALURU: Gold jumped more than 1% on Friday, surpassing the key $1,350 level for the first time since April last year, as a spur of weak economic data from both China and the United States, and political concerns in the Middle East raised safe-haven demand.
WASHINGTON: The United States and China were set to try again on Wednesday to dig out from a damaging trade war with a new round of high-level talks aimed at bridging deep differences over China's intellectual property and technology transfer policies.
KUALA LUMPUR: British American Tobacco Bhd has reportedly reverted prices of its cigarettes to pre-SST level, whereby its premium brands will cost RM17 compared to RM17.50, and Pall Mall and Rothmans will be reduced to RM15.50 and RM12 from RM16 and RM12.50 respectively.
PETALING JAYA: The overnight policy rate (OPR) is expected to stay above the inflation level throughout the year, according to AmInvestment Research.
PETALING JAYA: AmBank Group, under its business banking division, has launched the AmBank BizRACE in support of the small and medium enterprises (SMEs) scaling to the next level in Malaysia.
KUALA LUMPUR: There is room for the ringgit to improve further from the current level, given the country’s strong underlying fundamentals including stable global crude oil prices, stronger gross domestic product and better export growth, said Deputy Finance Minister I Datuk Wira Othman Aziz.