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KUALA LUMPUR: The FBM KLCI closed in the red, its third straight session in negative territory after the US Federal Reserve brought forward its outlook for an interest rate increase.
SHANGHAI: China stocks rose on Thursday after three straight sessions of losses, as subdued factory output data eased fears of policy tightening in the world's second-largest economy, while tech firms shined on report of chip push.
KUALA LUMPUR: Euro Holdings Bhd, whose share price hit limit-down on Tuesday and Wednesday, saw 26 million shares in the sell queue at RM1.21 in the morning session on Thursday.
KUALA LUMPUR: Blue chips extended their losses in early Thursday trade, tracking the weaker key Asian markets and the overnight fall on Wall Street.
KUALA LUMPUR: Shares in Sunway Bhd rose in early trade Thursday following its plan to apply for a digital banking licence to be issued by Bank Negara.
AUSTRALIA is looking to recruit South-East Asian farm workers as the pandemic and a new free-trade deal with the UK exacerbates labour shortages in the nation’s A$66bil (US$51bil or RM210.01bil)-a-year agriculture industry.
PETALING JAYA: VS Industry Bhd (VSI) is expected to maintain strong order flows despite the current lockdown as it embarks on a diversification strategy to broaden its customer base.
WASHINGTON: General Motors Co (GM) will boost global spending on electric and autonomous vehicles to US$35bil (RM144.09bil) through 2025, a 30% jump over its most recent forecast as it pursues electric vehicle (EV) leadership, people briefed on the matter told Reuters.
KUALA LUMPUR: Blue chips closed lower on Wednesday weighed down by losses in glove makers while a fall in crude palm oil (CPO) prices dragged plantations into the red.
CHINA Evergrande Group’s favored tactic to squeeze bearish speculators is to repurchase shares, mopping up liquidity in the stock and driving up its price.