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HONG KONG: Oil jumped as rising tension in the Middle East and North Africa halted output and exports from key OPEC producers Iraq and Libya.
KUCHING: Borneo Oil Bhd has been engaged as the main limestone aggregates supplier to an integrated limestone processing plant (ILPP) due for commissioning early this year in Lahad Datu, Sabah.
DOHA: Qatar has signed an agreement with France's Total and Japan's Marubeni to build a solar power project with capacity of about 800 megawatts (MW), Qatar's energy minister said on Sunday.
BACK in October of 2019, the US Fed began buying $60bil of Treasury bills per month, causing a substantial increase in not only its balance sheet but also the overall global money supply.
IT was an eventful week in the US markets as the much awaited “phase one” trade deal between the US and China was officially signed at the White House on Wednesday, de-escalating their 18-month conflict.
JAKARTA: SoftBank Group Corp offered to invest US$30bil to US$40bil toward the development of a new Indonesian capital, a senior member of President Joko Widodo’s cabinet said on Friday (Jan 17).
KUALA LUMPUR: Stocks to watch on Friday include Sime Darby Plantation Bhd (SDP), Datasonic Group Bhd, MISC Bhd, Kejuruteraan Asastera Bhd, Kossan Rubber Industries Bhd and Notion Vtec Bhd, according to JF Apex Research.
KUALA LUMPUR: Bursa Malaysia got off on a cautious start again on Thursday, weighed down by Tenaga Nasional, as investor sentiment remained muted after the record closing on Wall Street overnight.
WASHINGTON: The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world's two largest economies but leaving a number of sore spots unresolved.
NEW YORK/SINGAPORE: U.S. energy exports to China, mostly crude oil and natural gas, will climb as the world's two largest economies struck a trade agreement after a more than year-long tariff war, executives and traders said on Wednesday.