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KUALA LUMPUR: International investors disposed of RM212.1 million net of local equities in the period of July 6 to July 9 (Monday-Thursday), down from the net outflow of RM339.4 million in the whole of last week.
One of the key concerns is on the take-up rate of the exercise
KUALA LUMPUR: The ringgit opened firmer against the US dollar today, supported by stable but quiet trading in crude oil, analysts said.
Loan applications will increase but disbursements will be low, says an economist
A RENEWED Covid-19 outbreak in Australia’s second-largest city is marring the country’s reputation as a standout in suppressing the virus, and risks further damaging a regional economy that relies heavily on international tourists, students and migrants.
LONDON: World shares stalled near a four-month high on Friday and the industrial bellwether metal copper scuffed its longest weekly winning streak in nearly three years, as nagging coronavirus nerves tempered the recent recovery run.
Business confidence strengthens to four-month high
KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose sharply to 51.0 in June 2020 from 45.6 in May 2020, its highest since September 2018.
REVIEW: The slide below 1,500 points came on Thursday, serving as a breach of the crucial support, which was further affirmed with Friday’s continued decline.
NEW YORK: Rising concerns about a surge in coronavirus infections sent global equities and oil prices lower on Wednesday and pushed investors into perceived safe havens such U.S. Treasuries and gold, which hovered near its highest level in eight years