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NEW YORK: Oil prices rose on Friday after an unexpected fall in the May U.S. jobless rate and OPEC's decision to bring forward to Saturday discussions on whether to extend record production cuts.
SEOUL: Oil prices moved higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts.
KUALA LUMPUR: Bioalpha Holdings Bhd, Press Metal Aluminium Holdings Bhd, UWC Bhd, Bintulu Port Holdings Bhd, AirAsia Group Bhd and Uzma Bhd are among the stocks to watch on Friday, according to JF Apex Research.
WASHINGTON: The number of Americans filing for unemployment benefits dropped below 2 million last week for the first time since mid-March, but remains astonishingly high as companies adjust to an environment that has been significantly changed by COVID-19.
SEOUL: Oil prices eased slightly on Friday as markets wait to see whether major producers will commit to an extension of record production cuts to support oil prices.
SYDNEY: Three years after Elon Musk took up a challenge to solve Australian power outages by building the world’s biggest battery, a Siemens AG venture wants to install even larger ones to bolster renewable investment in the nation.
KUALA LUMPUR: Cypark Resources Bhd’s wholly-owned subsidiary, Cypark Renewable Energy Sdn Bhd (CRE), has proposed to issue up to RM500mil in perpetual Islamic medium-term notes in nominal value under the perpetual sukuk musharakah programme.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has delivered the first liquefied natural gas (LNG) import cargoes to Myanmar, the company said, marking a new consumer for the super-chilled fuel.
SINGAPORE: The energy industry’s bet that a petrochemicals boom would support decades of oil and gas sales growth is on shaky ground as an already saturated plastic market is hit by a coronavirus demand shock