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KUALA LUMPUR: Malaysian banks remain committed to assisting its customers and borrowers post-automatic blanket moratorium which ended on Sept 30, particularly those who continue to be affected financially.
The government decided no windfall tax will be imposed on glove manufacturers to avoid potential “opportunity costs/losses” such as glove manufacturing companies investing overseas instead of in Malaysia, and sending wrong signal to existing and potential investors in other industries.
CMCF comes up with rules to provide clarity
NEW YORK:Stock prices and bond yields fell in relatively light trading on Friday as investors reacted to dwindling aid for the U.S. economy and rising coronavirus infection rates
VS INDUSTRY Bhd (code: 6963) has been biding its time in consolidation mode at multi-year highs since coming off a peak in Octobe
The successful trials of not one, but two Covid-19 vaccines, captured the imagination of investors and returned the domestic market to pre-pandemic levels of trading.
SYDNEY: World financial markets stalled on Friday as news U.S. Treasury was ending emergency loans programmes dealt a blow to economic recovery hopes just as California announced curfews to try and fight surging coronavirus infections.
NEW YORK: U.S. stock market futures dropped late on Thursday after Treasury Secretary Steven Mnuchin pulled the plug on some of the Federal Reserve' pandemic emergency lending programs.
NEW YORK: U.S. stocks ended in positive territory on Thursday as fresh stimulus hopes buoyed investor sentiment toward the end of a session fraught with worries over mounting shutdowns and layoffs linked to spiraling COVID-19 infection rates.
Second-quarter net profit jumps 27.8% to RM75.1mil