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Business

AmInvestment Research retains Hold for SK Petro

KUALA LUMPUR: AmInvestment Research is retaining its Hold call for SapuraKencana Petroleum with an unchanged fair value of RM1.40 a share.

World

U.S. blacklists dozens over Ukraine conflict

MOSCOW/WASHINGTON (Reuters) - Companies building a multi-billion dollar bridge to link the Russian mainland with annexed Crimea, a project close to the heart President Vladimir Putin, were targeted by the United States in an updated sanctions blacklist on Thursday.

Business

Public Bank gives KLCI mild boost early Friday

KUALA LUMPUR: Blue chips eked out small gains early Friday, underpinned by gains in Public Bank amid a firmer broader market while key Asian markets were cautious ahead of the US job data later in the day.

Business

Breakfast briefing: Friday, September 2

Breakfast briefing: Friday, September 2

Business

Trading ideas: Axiata, Vivocom, SK Petro, Damansara Realty

KUALA LUMPUR: JF Apex Research expects Axiata, Vivocom, SapuraKencana, Eka Noodles, Damansara Realty and Ranhill to see trading interest on Friday after their corporate announcements.

Business

SapKen bags RM264mil jobs

PETALING JAYA: Oil and gas services company SapuraKencana Petroleum Bhd (SapKen) has bagged five oil and gas-related contracts totalling US$65.30mil or RM264mil.

Nation

10 called to graft case witness stand

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) will call up at least 10 witnesses over the Bank Rakyat RM15mil graft case, its investigation director Datuk Azam Baki said.

Business

CLIQ shareholders want their money back

KUALA LUMPUR: Shareholders of special-purpose acquisition company (SPAC) CLIQ Energy Bhd sent a strong message to the management in wanting to see the company liquidated and the distribution of RM356mil.

Business

Oil price slides on glut worry, on track for biggest weekly drop since Jan

NEW YORK: Oil prices fell more than 3 percent on Thursday, heading for their sharpest weekly slide since January as investors brushed aside talk that OPEC might freeze production and focused on a growing glut from U.S. crude stockpiles.

World

Japan woos Russia with deeper economic ties in face of rising China

TOKYO (Reuters) - Japan is hoping the lure of deeper economic ties with Russia will strengthen strategic relations in the face of a rising China, but sceptics question whether the approach will generate a breakthrough in a decades-old territorial dispute.