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KUALA LUMPUR: Malaysia’s economy is expected to continue to grow in the months ahead, based on the latest economic indicators but risks from Covid-19 remain, the Statistics Department says.
SHANGHAI/NEW YORK: Asian shares fell on Thursday and U.S. Treasury yields ticked lower as investors fretted over the slow pace of U.S. stimulus talks and a surge in global cases of Covid-19.
KUALA LUMPUR: CGS-CIMB Equities Research is positive on Sime Darby’s possible listing of its 50:50 joint-venture healthcare unit, Ramsay Sime Darby Healthcare (RSDHC), which could raise at least RM500mil in 2021F.
KUALA LUMPUR: The ringgit retreated from yesterday’s gains to open lower versus the US dollar today, despite the greenback weakening due to improved risk appetites.
KUALA LUMPUR: SP Setia is maintaining is RM3.8bil sales target for this year and is focusing on converting the existing RM1.5bil bookings into sales, Maybank Investment Bank Research said.
KUALA LUMPUR: GD Express Carrier Bhd’s rose over 2.6% in early trade Thursday after the company proposed bonus issue of one-for-eight warrants.
WASHINGTON: The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world's two leading economies.
NEW YORK: Asian investors prepared for rough trading on Thursday after a bumpy session on Wall Street amid fears that agreement on a key U.S. stimulus bill will not be reached until after the presidential election on Nov. 3.
NEW YORK: Oil prices settled lower on Wednesday after U.S. inventory figures showed demand weakening for refined products as global COVID-19 cases spiked.