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LUCKNOW: India, the world's second-biggest gold consumer, has discovered gold fields with reserves of over 3,000 tonnes in its most populous northern state, a government official said on Saturday (Feb 3).
JUBA (Reuters) - South Sudan's President Salva Kiir is due to swear in former rebel leader Riek Machar as his first vice president on Saturday after the two men agreed to form a unity government, a move that could definitively end years of fighting in the country.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives would likely experience a technical correction next week to stabilise the market, said a dealer.
BENGALURU: Oil prices fell about 1% on Friday on renewed concerns about crude demand being pinched by the economic impact of the coronavirus outbreak, while OPEC and allied producers appeared to be in no rush to curb output
NEW YORK: Global equity markets slumped on Friday as the fast-spreading coronavirus drove investors into safe havens, with gold hitting a fresh seven-year high and the yield on the 30-year U.S. Treasury bond sliding to an all-time low.
THE king of fruits has made quite a stir in the market in recent years. Prices of durian continue to spike with each passing season and demand is set to grow, both locally and internationally.
PETALING JAYA: Singapore-based private equity firm Kendall Court has bought another 35 million shares in the international telecommunications and technology firm, Green Packet Bhd, raising its stake to over 10%. On Friday, stock filings showed that Kendall Court paid around 85 cents apiece of Green Packet stock in an off-market transaction.
Amid a short working week in conjunction with President’s Day, the dollar climbed 0.75% to 99.865, marking a near three-year high. The broad strength in the dollar was supported by demand for safe-haven assets in view of the coronavirus conundrum.