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NEW YORK: The S&P 500 ended slightly higher and the Nasdaq eked out a record closing high on Thursday, helped by a jump in Netflix, while news about the coronavirus outbreak spreading from China and mixed earnings results kept a lid on the market.
NEW YORK: The biggest tumble in Chinese stocks in more than eight months led global equity markets lower on Thursday as concern mounted about the coronavirus outbreak in China.
KUALA LUMPUR: Rohas Tecnic Bhd’s (RTB) unit, RBC Water Sdn Bhd, has been awarded a RM58.4mil contract from Phu My Vinh Construction and Investment Corp.
Singapore: Investors in Singapore’s struggling water treatment firm Hyflux Ltd trickled out of a windowless hall in a downtown convention centre late Monday night.
HONG KONG: China Water Environment Group Ltd, backed by the nation’s state-owned investment holding company, is considering an initial public offering (IPO) in Hong Kong that could raise more than US$500mil, according to people familiar with the matter.
SINGAPORE: Singapore’s highest profile distressed debt case is set to drag on, after more deadline extensions and a new round of meetings that started Monday.
LONDON: Vestas Wind Systems A/S, the world’s largest maker of wind turbines, has pledged to eliminate all waste in the production of its machines by 2040 as part of its drive to hit carbon neutrality by the start of the next decade.
SEOUL: Shin Kyuk-ho (pic), a wartime migrant to Japan who returned home to build a little-known chewing-gum maker into Lotte Group, South Korea’s biggest retailer, has died. He was 97.
KUALA LUMPUR: Affinity Equity Partners Ltd is considering selling Island Hospital Bhd, a medical hospital in Malaysia, according to sources.
SUBANG JAYA: Sunway Traditional and Complimentary Medicine Centre (Sunway TCM), a unit of Sunway Group Healthcare Services, is expected to generate about RM200,000 a month in revenue this year on the back of growing demand for its services.