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Malaysia's biodiesel mandate to be delayed by 6 months
KUALA LUMPUR: Malaysia's B20 biodiesel mandate will be delayed by about six months to early 2022, said Plantation Industries and Commodities Ministry secretary general Ravi Muthayah.
Blue chips pull back as plantations weigh on KLCI
KUALA LUMPUR: Blue chips fell in early Friday trade with profit taking seen in plantations, Public Bank and MISC ahead of the weekend.
Brent rises above US$50/bbl for first time since March on vaccine optimism
NEW YORK: Oil prices climbed nearly 3% on Thursday, with Brent surging above US$50 a barrel for the first time since early March, fueled by hopes of a faster demand recovery as countries start to roll out COVID-19 vaccines.
Australia's Crown Resorts accused of 'arrogant indifference' to compliance at inquiry
SYDNEY: Casino operator Crown Resorts Ltd has been accused at an Australian regulatory inquiry of having a "culture of denial and arrogant indifference to compliance" in its dealings with junket operators.
KLCI extends slide for third day as consolidation continues
KUALA LUMPUR: The FBM KLCI extended its slide, en route to its lowest closing in the week, as stocks retreated on continued consolidation pressure.
KLCI maintains push for third day of gains
KUALA LUMPUR: The FBM KLCI held on to early gains amid an advance in financial heavyweights.
Nikola founder resigns amid allegations, probe
Milton being replaced by board member Girsky
Wall St posts 3rd week of declines as tech slide drags on
NEW YORK: U.S. stocks fell on Friday as technology shares sold off for a third day in a row, while all three major U.S. indexes posted a third straight week of declines.
Oil rises to US$46 on US inventory drop, economy hopes
LONDON: Oil rose to US$46 a barrel on Wednesday, gaining for a third day, supported by a report that U.S. crude inventories fell and as surveys showing stronger manufacturing raised hopes of a recovery from the coronavirus pandemic.
Public Bank powers KLCI rebound, tech stocks gain
KUALA LUMPUR: Tech stocks were among the gainers early Wednesday as investor sentiment was boosted by Wall Street tech giants while Public Bank, which had been oversold, regained its momentum.
