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KUALA LUMPUR: Suiwah Corp Bhd’s shares surged 22% in early trade Monday after its major shareholder offered to take the company private by way of a selective capital reduction (SCR) and repayment exercise.
NEW YORK: Oil prices steadied on Thursday, boosted by a rebound in U.S. equities, after earlier losses on fears about surging U.S. crude production and a weakening global economy.
SINGAPORE: Oil prices rose by 1 percent on Tuesday amid supply cuts by producer club OPEC and Russia, although analysts said much bigger gains were unlikely because of a darkening economic outlook capped gains.
MALAYAN Flour Mills Bhd (MFM) joins the chorus of listed companies facing an uphill task in convincing their shareholders to cough it up for their cash calls.
WASHINGTON: When Paul Romer sees the world’s two biggest economies locked in a trade war, his thoughts turn to robots.