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NEW DELHI: Reliance Industries Ltd has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com's local unit and Walmart Inc's Flipkart in the huge Indian market.
KUALA LUMPUR: Foreign investors continued to exit Bursa Malaysia for the May 18-21 period, recording a total net outflow of RM394.34 million, as the country entered the third week of its Conditional Movement Control Order (CMCO) enforcement amidst the COVID-19 pandemic.
HONG KONG/BEIJING: China's foreign ministry branch in Hong Kong dismissed concerns that its proposed national security laws for the city would harm foreign investors, hitting back at "meddling" countries as Beijing's ties with Washington soured further.
HONG KONG/BEIJING (Reuters) - China's foreign ministry branch in Hong Kong dismissed concerns that its proposed national security laws for the city would harm foreign investors, hitting back at "meddling" countries as Beijing's ties with Washington soured further.
HONG KONG: Introducing the national security legislation for the Hong Kong Special Administrative Region (HKSAR) helps protect the legitimate interests of both Hong Kong residents and foreign investors, Chief Executive of the HKSAR Carrie Lam said on Saturday (May 23).
KUALA LUMPUR: Bursa Malaysia is likely to hover at the 1,420 to 1,450 level next week, supported by expected rotational play among the rubber glove and logistics counters.
NEW YORK/LONDON: Global equity markets fell on Friday as China's move to impose a new security law on Hong Kong further strained U.S.-China relations and clouded economic recovery prospects.
HONG KONG: National legislators reviewing the draft decision on establishing and improving the legal system and enforcement mechanism for Hong Kong at a state level is “very timely, necessary and important”, a spokesman for the Hong Kong and Macau Affairs Office of the State Council said.
DRB-HICOM Bhd’s (stock code: 1619) recovery picked up pace on Friday as it ended on a positive note at RM1.57 after rising as high as RM1.64 earlier in the day.