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DUBAI: Creditors have started to enforce claims against Abu Dhabi-based Al Jaber Group, in a dispute triggered by a construction downturn in the United Arab Emirates more than a decade ago.
SHANGHAI: Hong Kong stocks ended lower on Tuesday, tracking other Asian markets amid concerns about fresh pandemic lockdowns in Europe.
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has successfully commenced operation of its second large scale solar (LSS) project, in Bukit Selambau, Kedah (LSS Bukit Selambau) on 8th September 2020, 114 days ahead of schedule.
KUALA LUMPUR: Malakoff Corporation Bhd is planning to venture into waste-to-energy biogas and biomass power plants with the purchase of 71.44ha of land in Alor Gajah district, Melaka for RM150mil.
KUALA LUMPUR: Shares in Sapura Energy Bhd fell in early trade Tuesday following its president and chief executive officer (CEO) Tan Sri Shahril Shamsuddin surprising retirement plan.
KUALA LUMPUR: Stocks to watch on Tuesday include banking stocks, MMAG Holdings Bhd, Green Packet Bhd, Sapura Energy Bhd, Superlon Holdings Bhd and Scientex Bhd, according to JF Apex Research.
NEW YORK,:Oil prices plunged about 5% on Monday, weakening as rising coronavirus cases stoked worries about global demand, and a potential return of Libyan production bolstered oversupply fears.
NEW YORK: Stocks across the world hit their lowest in seven weeks and other risk assets also sold off on Monday on concerns over renewed lockdown measures in Europe and Britain, as well as the United States' inability to agree on fiscal stimulus that would support millions of unemployed.
KUALA LUMPUR: RAM Sustainability Sdn Bhd has assigned environmental benefit (EB) ratings to the proposed Asean sustainability bonds/SRI sukuk, which will be issued under Cagamas Bhd’s RM60bil medium-term notes and Islamic medium-term notes programme.