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THE FTSE Bursa Malaysia KLCI (FBM KLCI) together with the Dow Jones and all major indexes have been bullish over the last seven years. Since the 2008 subprime crisis in the US, markets have been on a virtual uptrend right up to now. It hasn’t quite ended, and here lies the skittishness.
NEW YORK: Three years. That’s how long fuel and convenience-store operator CST Brands will have lasted as an independent company, assuming the review of strategic alternatives it started last month culminates in a sale. But to the chagrin of activist investors who are angling for a deal, the universe of potential buyers is shrinking.
KUCHING: George Chin, a lab technician in his 30s, never really took Sarawak autonomy issues seriously until recently -- bread and butter issues had dominated his daily life.
DOHA: Iran will not attend a meeting between OPEC and non-OPEC member countries about freezing oil output levels in Qatar on Sunday, two sources familiar with the situation told Reuters.
LET’S face it. Economic uncertainties, combined with the slowdown in industry sectors such as Oil and Gas have had an impact on recruitment activities in many places, as businesses in Malaysia and globally adopt a more cautious approach. 2016 may be a tough year for students or professionals looking for jobs.
DOHA: Saudi Arabia demanded on Sunday that Iran join a global deal on freezing oil output, jeopardising an agreement between OPEC and non-OPEC producers that was supposed to help ease a glut and prop up the price of crude.
DOHA: A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices.