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NEW YORK: Stocks ended near the previous session record high on Wednesday as Wall Street bumped up against disappointing job market data, while oil continued to rise and the dollar weakened further.
SINGAPORE: Oil kept rising after closing at a eight-month high on increasing optimism that recent Covid-19 vaccine breakthroughs will lead to a swift recovery in global energy demand next year.
YOU can almost feel the frustration starting to boil over in the world’s biggest bond market.
New York: Tesla’s market value soared to more than US$500bil Tuesday ahead of its listing on the S&P 500, with its stock finishing up 6.4% or by nearly US$32bil in 24 hours.
PETALING JAYA: AirAsia Group Bhd is considering a rights issue, debt financing and even a private placement to raise more capital until air travel demand picks up.
KUALA LUMPUR: The long-term outlook for Leong Hup Industries Bhd (LHI) is positive due to the stable demand of chicken, the group’s efforts in developing its downstream business, according to analysts
KUALA LUMPUR: While pharmaceutical companies are gaining momentum on positive COVID-19 vaccination news, Top Gloves Corporation Bhd expects demand for examination gloves to double when the vaccines are ready by year-end.
KUALA LUMPUR: Malaysia’s inflation rate in October fell for the eighth month, down by 1.5% on-year due to lower fuel prices, based on the Statistics Department data.
KUALA LUMPUR: The long-term outlook for Leong Hup Industries (LHI) is positive due to the relatively stable demand of chicken, the group’s efforts in developing its downstream business and expansion of the feed mill and livestock businesses in multiple countries, analysts say.