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KUALA LUMPUR (Bernama) -- Sarawak Consolidated Industries Bhd's (SCIB) wholly-owned subsidiaries, SCIB Industrialised Building System Sdn Bhd and SCIB International (Labuan) Ltd have accepted two engineering, procurement, construction and commissioning (EPCC) contracts, worth RM271.14mil.
HONG KONG: The rush by U.S-listed Chinese companies to secure a secondary listing in Hong Kong or China is only set to intensify as the United States readies a new law allowing it to kick firms off its exchanges if they do not comply with U.S. auditing rules.
LONDON/HONG KONG: Bitcoin has grabbed headlines this week with its dizzying ascent to an all-time high.
KUALA LUMPUR: After a slight dip in yesterday's trading, the FBM KLCI has continued on its upward trajectory amid growing momentum in global equities.
KUALA LUMPUR: Ranhill Utilities Bhd’s earlier announcement on Wednesday that it will undertake a due diligence exercise on Indah Water Konsortium Sdn Bhd (IWK) has taken a new twist.
KUALA LUMPUR: AmInvestment Research is maintaining its overweight call on the oil and gas sector with Yinson, Petronas Gas, Dialog and Serba Dinamik among its top picks as crude oil has stabilised.
NEW YORK: A spike in market expectations for U.S. inflation and a jump in long-dated bond yields have re-ignited a debate about whether sustained price rises may be achievable.
NEW YORK: Goldman Sachs has failed to persuade former president Gary Cohn to return over $10 million he received in pay, as part of the bank's effort to reclaim executive compensation over the 1MDB scandal, Bloomberg News reported on Wednesday
NEW YORK: Oil prices settled higher on Wednesday as Britain's approval of a COVID-19 vaccine boosted hopes for a demand recovery and on mounting expectations that producing countries will maintain output limits next year.