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NEW YORK: Oil prices edged higher on Friday and for the week after a strong recovery from Monday's steep slide, underpinned by expectations that supply will remain tight through the year.
LONDON: U.S. natural gas prices have surged to multi-year highs which will conserve scarce stocks, encourage more gas-focused drilling and promote a temporary switch back towards coal-fired generation this summer.
Resurgent motorcycle sales boost company’s income
KUALA LUMPUR: The ringgit has snapped its 10-day losing streak against the US dollar today as buying interest in the local note recovered ahead of the Consumer Price Index (CPI) data set to be released tomorrow.
SINGAPORE: Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile.
LONDON: Copper on Tuesday recouped some of its losses from the previous session, when surging coronavirus infection rates triggered a sell-off of assets like metals, equities and oil that benefit from economic growth.
HONG KONG: Asian stocks were down early on Tuesday as growing fears the spreading Delta variant of the coronavirus would harm the global economic recovery sent riskier assets, including oil, skidding sharply.
Among the top read stories are on the Prihatin Special Grant (GKP) 4.0, National Recovery Plan, Digi’s firmer results, Malaysia Aviation Group’s plan to sell six Airbus A380-800 aircraft and Citi Malaysia’s repayment assistance measures