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SHANGHAI/BEIJING: China's central bank will take further steps to support the virus-hit economy, including releasing more liquidity and lowering funding costs for firms, a vice governor of the bank told state media.
IT IS a known fact that there is a lack of interest in Malaysian stocks.
THE king of fruits has made quite a stir in the market in recent years. Prices of durian continue to spike with each passing season and demand is set to grow, both locally and internationally.
LOSS-MAKING Avillion Bhd has received an offer for its land in Port Dickson from a China-based investment group.
Covid-19 is causing economic damage to China, but experts believe it will emerge stronger economically when the epidemic is overcome. They are also confident that troubled Asean countries can come out of the doldrums.
Amid a short working week in conjunction with President’s Day, the dollar climbed 0.75% to 99.865, marking a near three-year high. The broad strength in the dollar was supported by demand for safe-haven assets in view of the coronavirus conundrum.
NEW YORK (Bloomberg): Morgan Stanley had just ended a decade-long drought of major takeovers by top US banks with his surprise deal to buy E*Trade Financial Corp for US$13bil.
KUALA LUMPUR: The National Automotive Policy (NAP) 2020, which was unveiled by the Prime Minister on Friday, targets the industry to contribute RM104.20bil to the country's Gross Domestic Product (GDP) by 2030.
Developer on track for full-year new sales target of RM1.3bil
PETALING JAYA: Carimin Petroleum Bhd’s net profit grew 53% to RM8.05mil for the second quarter ended Dec 31,2019 from RM5.26mil in the corresponding quarter last year on higher offshore activities and utilisation of marine vessels.