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MAA: Vehicle sales up 33% to 63,878 units in March
KUALA LUMPUR: Vehicle sales in Malaysia rose 33 per cent to 63,878 units in March this year from 21,242 units during the same month last year, the Malaysian Automotive Association (MAA) said.
Oil steady climbs to four-week high on strong China data, demand revival
SINGAPORE: Oil prices extended gains on Friday and were on course for a weekly gain of more than 6% with an improved oil demand outlook and strong economic recoveries in China and the United States offsetting concerns about spikes in COVID-19 infections.
Oil price up to fresh 4-week highs as demand outlook improves
NEW YORK: Oil prices edged up to fresh four-week highs on Thursday on positive U.S. economic data and higher demand forecasts from the International Energy Agency (IEA) and OPEC as countries start to recover from the COVID-19 pandemic.
GLOBAL MARKETS-World stocks rally as Treasury yields tumble
NEW YORK/LONDON: World stock markets extended a five-day run of fresh highs on Thursday, fueled by upbeat earnings and strong U.S. economic data that herald a solid recovery ahead, while Russian markets tumbled at the prospect of the harshest U.S. sanctions in years.
Tropicana issues sukuk wakalah
PETALING JAYA: Tropicana Corp Bhd has issued sukuk wakalah of RM183mil in nominal value out of its RM1.5bil sukuk wakalah programme.
BoJ’s Kuroda warns of lingering Covid pain on economy
TOKYO: Japan’s economy was picking up but any recovery was likely to be modest due to lingering caution over the coronavirus pandemic, Bank of Japan (BoJ) governor Haruhiko Kuroda warned.
Biden to bar U.S. banks from rouble debt primary market
LONDON (Reuters) -President Joe Biden will issue an executive order on Thursday authorizing the U.S. government to sanction any sector of the Russian economy and barring U.S. banks from participating in the primary markets for rouble-denominated bonds.
Brunei’s economy to grow by 3.2 per cent this year
BANDAR SERI BEGAWAN (Borneo Bulletin/ANN): The International Monetary Fund (IMF) projected Brunei Darussalam’s economy to grow by 3.2 per cent this year while the Asian Development Bank (ADB) forecast it at three per cent.
ABB raises 2021 guidance as customers rebuild inventories
ZURICH (Reuters) - ABB raised its full year sales outlook on Thursday, saying it expects to increase its revenues by around 5% or more on a like-for-like basis, citing a strong demand especially towards the end of March.
