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Multinational companies see opportunities in China’s opening-up
GUANGZHOU: With the Covid-19 outbreak slowing down the global economic momentum, multinational enterprises see promising opportunities in China as the country continues to deepen its opening-up
Supermax likely to join FBM KLCI in next review
KUALA LUMPUR: Supermax Corp Bhd will likely be joining the FTSE Bursa Malaysia KLCI constituents in its next review following the rise in its market capitalisation.
Emirates remains optimistic about Malaysia ops
KUALA LUMPUR: Dubai-based Emirates Airline is optimistic about its business outlook in Malaysia and is eyeing for more growth opportunities, said country manager Mohammad Al Attar.
China takes big Internet strides
BEIJING: China has been ranked second in the world in terms of Internet development, after the United States, and has steadily maintained its upward trajectory, a new report said.
Luxury fans in China chase neat shot of investment with vintage Moutai liquor
BEIJING/SHANGHAI: As luxury spending rebounds in China, consumers with money to burn have a new habit beyond fancy bags and watches: a taste for collector editions of fiery domestic liquor Moutai, not to drink but to hold onto as a rapidly appreciating investment.
Trading ideas: Top Glove, AirAsia, Wah Seong, My EG, Inari
KUALA LUMPUR: Top Glove Corporation, AirAsia Group, Wah Seong, MY EG Services and Inari Amertron are among the stocks which could see trading interest on Wednesday after the barrage of corporate news, according to TA Securities Research.
Bursa stages rebound as Public Bank and HL Bank advance
KUALA LUMPUR: Bursa Malaysia staged a rebound in early Wednesday trade, tracking the overnight rally on Wall Street, with Public Bank and Hong Leong Bank underpinning the FBM KLCI’s gains.
Economy on recovery path as leading index rose 8.6% in Sept
KUALA LUMPUR: Malaysia's economy is expected to continue its recovery as seen in the Leading Index (LI), which increased by 8.6 per cent to 109.5 points in September 2020 compared with 100.8 points a year ago, said the Statistics Department.
Malaysia reassures on supply after Top Glove shuts factories
KUALA LUMPUR: Malaysia, the world's largest producer of rubber gloves, on Wednesday said it does not anticipate any disruption to supply after a top manufacturer shut some factories due to a coronavirus outbreak among its workers.