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NEW YORK: The U.S. dollar rose across the board to hit a four-week high against a basket of currencies on Friday, as data showing the COVID-19 pandemic's continuing toll on the economy boosted demand for the safe-haven currency
KUALA LUMPUR: Sime Darby Plantation Bhd (SDP), which has sternly rebuffed allegations by US Customs and Border Protection (CBP) on forced labour in its production process, is frustrated that there are no signs of communication about the investigation evidence in the past six months.
WASHINGTON: The US government said it would begin collecting new duties on aircraft parts and other products from France and Germany from today after failing to resolve a 16-year dispute over aircraft subsidies with the European Union.
SYDNEY: Australian retail sales jumped 7.1% in November as shoppers were lured by pre-Christmas sales with the second-most populous state of Victoria emerging out of a lengthy lockdown in a positive omen for the country’s economy.
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) affirmed its ratings on Berjaya Land Bhd’s (BLand) two tranches of debt notes totalling RM650mil with a stable outlook.
PETALING JAYA: Moody’s Investors Service said the United States Customs and Border Protection withhold release order (WRO) against palm oil giant Sime Darby Plantation Bhd’s (SDP) products, which is premised on forced labour allegations, is credit negative.
KUALA LUMPUR: Moody’s Investors Service said the United States Customs and Border Protection withhold release order (WRO) against palm oil giant Sime Darby Plantation Bhd's (SDP) products, which is premised on forced labour allegations, is credit negative.