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KUALA LUMPUR: Blue chips were holding steady in early Friday trade, despite slight slight declines in MAHB and Tenaga Nasional, as investors sought for directions from the firmer key Asian markets and support from institutional players.
KUALA LUMPUR: The recent tabling of Budget 2020 was not enough to revive confidence in the stock market against the lingering pessimism that could spill over into FY20, says Kenanga research.
The roughly $50 billion in agriculture products touted by President Trump is far beyond what China has historically spent each year
RIYADH/LONDON/DUBAI: Saudi Arabia is setting the stage for a blockbuster listing of state oil giant Saudi Aramco in Riyadh, relying on easy credit for retail investors and pushing rich locals to invest with cash held abroad to achieve a $2 trillion (1.6 trillion pounds) valuation target.
LONDON/NEW YORK: A deal on Britain's departure agreed with the European Union sent sterling to a five-month high on Thursday and hoisted European stocks to a 1-1/2-year peak before doubts about UK parliamentary support brought them back to earth.
GEORGE TOWN: Seven developers are showcasing properties worth RM4.85bil at the four-day StarProperty.my Fair 2019 in Queensbay Mall from now until Sunday.
From DATUK DR PAUL SELVA RAJ, Chief executive officer, Federation of Malaysian, Consumers Association (Fomca).
MANHATTAN: Former Credit Suisse Group AG banker Andrew Pearse told a jury in Brooklyn, New York, that he pocketed at least US$45mil in illicit payments for his role in the arrangement of loans worth US$2bil to companies in Mozambique.
Maxvue Vision Sdn Bhd may be headed for the big leagues, as it is in the midst of talks with a large optical chain store operator for a deal that could potentially bring its fashion contact lenses onto the shelves of the operator’s outlets across Europe.
PETALING JAYA: RAM Ratings has adopted a more conservative outlook for the Malaysian economy and expects GDP to expand by 4.5% in 2020, which is lower than the government’s forecast of 4.8%.