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KUALA LUMPUR: The FBM KLCI fell firmly into the red headed into the lunch break as heavyweights Public Bank and Top Glove dragged on the market.
KUALA LUMPUR: While the US Customs and Border Protection's (CBPS) withdrawal of the import ban on Top Glove Corp Bhd is expected to ease downside pressure on the glove maker, its earnings prospects remain on a slide amid ongoing headwinds.
TOKYO: Japan's retail sales rose for a fifth straight month in July, beating expectations as the consumer sector continued its recovery, although a coronavirus resurgence has cast doubts over the spending outlook.
KUALA LUMPUR: The total number of jobs in the economic sector shrank in the second quarter (2Q 21) from a year ago and on-quarter as labour demand was impacted by prolonged health crisis and containment measures imposed since March 2020.
THERE are a number of factors that influence the movement of a currency, and foreign fund flow is one of them.
More sectors are conducting higher volumes of hiring through platforms
UNITED STATES consumer prices jumped more than expected in May, up 5.4% on a year-on-year (y-o-y) basis, the highest since the summer of 2008, when oil prices were skyrocketing.
KUALA LUMPUR: Malaysia’s Gross Fixed Capital Formation (GFCF), the second largest component of gross domestic product (GDP) with 20.9 per cent share to the total economy, contracted 14.5 per cent to RM281.1 billion (constant prices) last year as compared to 2019, the Department of Statistics Malaysia (DOSM) said.
CHICAGO: The $22 trillion market for U.S. Treasury securities may get a reality check from the Federal Reserve this week following a plunge in interest rates that bucked expectations of higher yields this year as the economy rebounds from the COVID-19 pandemic.
KUALA LUMPUR: Malaysia recorded a 19.9% decline in occupational accidents in 2020 as the government imposed restrictions and closures on economic activities to curb the spread of Covid-19 pandemic, the Statistics Department said.