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GLOBAL MARKETS-World stocks at new peaks on strong China, US data
NEW YORK/LONDON: Gold prices hit a seven-week high and global stocks scaled new records on Friday after strong U.S. and Chinese economic data bolstered expectations of a solid global recovery from the coronavirus pandemic.
Food for thought
As more listed companies take part in agriculture production, the local industry could get an uplift
UWC rides on semiconductor and medical technology boom
UWC Bhd has consistently delivered double-digit earnings growth besides a steadily-rising net profit margin.
Citi’s exit from consumer banking is ‘no surprise’
NEWS that American banking group Citigroup Inc is closing down its consumer banking business in 13 markets, including Malaysia, does not come as a surprise and has ignited fresh concerns that competition in the banking space can only get more heated.
Central Global's subsidiary bags sub-contract worth RM100mil in Sabah
KUALA LUMPUR (Bernama) -- Central Global Bhd's wholly owned subsidiary, Proventus Bina Sdn Bhd (PBSB), has bagged a sub-contract to upgrade water supply infrastructure in Lahad Datu, Sabah, worth RM100.54mil
Tencent raises US$4.2bil in its second major bond deal in a year
HONG KONG: Tencent Holdings Ltd raised $4.15 billion on Friday in its second major bond deal in less than a year as global investors were enticed by its attractive pricing and overlooked a regulatory crackdown on China's tech giants.
World stocks near record highs as China, U.S. data back global recovery hopes
TOKYO: Global stocks stood near record highs on Friday after strong U.S. and Chinese economic data cemented expectations of a solid global recovery from the coronavirus-induced slump.
FBM KLCI en route to end week on slightly weaker footing
KUALA LUMPUR: The FBM KLCI slipped in Friday morning trade amid the ongoing sideways trading.
RHB lowers target price on Bursa Malaysia on normalising trading value
KUALA LUMPUR: Sooner-than-expected moderation in Bursa Malaysia's securities average daily value (SADV) could lead to downside risks to the stock exchange operator's 2021 earnings.
