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KUALA LUMPUR: The FBM KLCI started Monday on a lighter footing as it snapped four-days of gains following the IMF's declaration that the coronavirus pandemic had triggered a global recession.
KUALA LUMPUR: The bloodshed continued on the Malaysian stock exchange as global equities tracked Wall Street's steep fall into bear territory.
KUALA LUMPUR: Banks in Malaysia have paid out higher dividends for the financial year ended Dec 2019 against the backdrop of a cloudy outlook on loan growth and build-up of excess capital, RAM Ratings said.
KUALA LUMPUR: Growth across Asia-Pacific will slow to 4.0% in 2020, the lowest since the Global Financial Crisis, due to the Covid-19 coronavirus outbreak, S&P Global Ratings says.
SINGAPORE: The 60-year-old Montana-born engineer has attended dozens of shows as one of the industry's most influential forecasters. This week's expo, thinly attended because of SARS-CoV-2 coronavirus fears, is his last before stepping down as Boeing's vice president of marketing.
Geopolitical tensions, trade disputes, global macro-economic concerns, and OPEC+ production strategy were themes that dominated oil market sentiment in 2019.
NEW YORK: Gold surged past $1,500 an ounce and a gauge of global equity markets hovered near record highs on Tuesday in a year-end rally spurred by hopes of a U.S.-Sino Phase 1 trade deal and as China's latest policy easing pledge added to investor optimism.
IMAGINE having to pay RM150 for a seat at your local cinema, or even RM120. As it is seldom that you would watch a movie alone, be prepared to fork out RM240 to RM300 for a movie with your loved ones – girlfriends, wives or anyone you consider worthy of spending two intimate hours with at the Aurum Theatre in The Gardens Mall, next to Mid Valley Megamall.
KUALA LUMPUR: There was some profit-taking activity on Bursa Malaysia on Tuesday following the sharp gains made in the closing minutes of the previous trading session.
THE influx of cheap electrical items, spurred by the boom in e-commerce, is dampening the sales of manufacturers based in Malaysia.THE influx of cheap electrical items, spurred by the boom in e-commerce, is dampening the sales of manufacturers based in Malaysia.