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THE world’s largest manufacturer of rubber gloves Top Glove Corp Bhd has set itself a lofty goal – to become a Fortune Global 500 company by 2040.
PETALING JAYA: The Malaysian Rubber Glove Manufacturers Association (Margma) says its members are all geared up to produce more gloves to meet the requirements if the coronavirus outbreak becomes a pandemic.
NEW YORK: The S&P 500 ended slightly higher and the Nasdaq eked out a record closing high on Thursday, helped by a jump in Netflix, while news about the coronavirus outbreak spreading from China and mixed earnings results kept a lid on the market.
NEW YORK: The biggest tumble in Chinese stocks in more than eight months led global equity markets lower on Thursday as concern mounted about the coronavirus outbreak in China.
KUALA LUMPUR: Investors are going bargain hunting in Malaysia as they expect government policy changes to start bearing fruit.
SHANGHAI: China stocks fell about 3% on Thursday, their biggest single-day loss in nearly nine months, as investors unloaded shares related to restaurants, cinemas, airlines and theme parks after a lockdown in the central city of Wuhan to curb a SARS-like virus.
KUALA LUMPUR: Bank Negara Malaysia's suprise move to cut the overnight policy rate (OPR) by 25 basis points to 2.75% – the lowest since 2011 – prompted investors to cut their holdings in banks and sent the FBM KLCI into the red.
KUALA LUMPUR: Bursa Malaysia started Wednesday on a firmer footing as investors picked up healthcare stocks and glove makers following the outbreak of the new strain of coronavirus from China.
PETALING JAYA: London Stock Exchange-listed Symphony International Holdings Ltd has fully exited its investment in IHH Healthcare Bhd, which has provided Symphony with strong risk adjusted returns.
PETALING JAYA: Glove makers rallied as investors chased the stocks on expectations of a surge in demand following a new virus outbreak in Wuhan, China which is a strain of coronavirus.