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SEOUL (Reuters) - South Korean battery maker LG Energy Solution has set a new record for IPO demand with retail investors bidding for shares worth about 114 trillion won ($95.62 billion),adding to the frenzy for a piece of the biggest public offering in the country.
KUALA LUMPUR: The FBM KLCI ended lower on Wednesday on profit-taking pressure even as energy stocks rose amid rising crude oil prices.
AMSTERDAM (Reuters) - ASML forecast sales growth of 20% in 2022 despite a fire this month at its Berlin plant as the supplier to chipmakers on Wednesday reported better-than-expected fourth-quarter profit.
KUALA LUMPUR: The Brent crude price continued with its uptrend to close near US$89 (US$1=RM4.19) per barrel amid possible supply disruption following the latest unrest in the Middle East.
AS a goodwill gesture in conjunction with the upcoming Chinese New Year celebrations, Kuala Lumpur City Hall (DBKL) has given several retail stores in the city a two-month grace period to sell hard liquor.
MANILA (Philippine Daily Inquirer/Asia News Network): The government will import 60,000 metric tonnes of small pelagic fishes such as round scad (galunggong) and mackerel to cover part of an expected shortage in local supply in the first quarter of 2022, Agriculture Secretary William Dar said at the Laging Handa public briefing on Tuesday (Jan 18).
STOCKHOLM/JOHANNESBURG (Reuters) - Oracle opened a data centre in South Africa on Wednesday to provide local cloud services across Africa for the first time, joining the likes of Microsoft and Amazon in setting up facilities in the southernmost country on the continent.
With business owners struggling to find skilled employees, their job offerings are getting more creative, at least in Germany.
KUALA LUMPUR: Sunway Malls traffic and sales returned to 100 per cent normalcy in the fourth quarter of 2021 (4Q2021), in comparison to the pre-pandemic levels of 4Q2019.
AMSTERDAM (Reuters) -ASML Holding NV, a key supplier to computer chip makers, on Wednesday reported better-than-expected fourth-quarter earnings of 1.77 billion euros ($2.01 billion) and said it expected sales growth of 20% in 2022.