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BEIJING: China’s crude steel output in 2020 is expected to ease from a record high this year to 981 million tonnes, a government consultancy said.
SIBLINGS Susanne Klatten and Stefan Quandt own almost half of Bayerische Motoren Werke AG.
KUALA LUMPUR: Growing external headwinds pushed the FBM KLCI back to a key support even as investors awaited the tabling of Budget 2020 on Friday and the outcome of US-China negotiations.
KUALA LUMPUR: Bursa Malaysia ended the day on a flat note as investors remained on the sidelines ahead of the long weekend in addition to absence of local buying impetus.
KUALA LUMPUR: Plantation heavyweight IOI Corporation Bhd posted stroger earnings in the fourth quarter ended June 30, 2019 on lower net foreign currency translation loss on foreign currency denominated borrowings and deposits.
BRANDING is a key area that small and medium enterprises (SMEs) can improve on as it could determine the life and death of businesses.
HONG KONG: Tencent Holdings Ltd is leading a US$250mil investment in Chinese travel site Mafengwo, expanding its footprint in a fast-growing online travel and content sphere.
PETALING JAYA: Star Media Group Bhd is adopting and transforming quickly into the digital platform to cater to the ever-demanding requirements of the digital world.
KUALA LUMPUR: Blue chips ended Friday on a firmer note as Tenaga Nasional managed to recoup about half of its previous days losses and MAHB climbed on the extension of its contract to managed the country's airports.
NEW YORK: An index of stocks across the globe hit a more than four-month high on Wednesday on hopes for progress in trade talks between the United States and China, and a supportive backdrop from major central banks also helped push risk assets higher