Wed, 27 Mar 2019, 5:20 AM
ADVERTISE in The Malaysian Pulse!

Topic: Reuters

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STRASBOURG, March 26 — EU nations will be required to share data on 5G cybersecurity risks and produce measures to tackle them by the end of the year, the European Commission said today, shunning US...
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WASHINGTON, March 26 — US consumer confidence retreated sharply in March, confounding expectations that the rebound in the prior month would continue, according to a private survey released today.
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WASHINGTON, March 26 — US homebuilding fell more than expected in February as construction of single-family homes dropped to more than a 1-1/2-year low, but the outlook for the housing market is imp...
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KUALA LUMPUR (March 26): Malaysian palm oil futures fell for a third consecutive session on Tuesday, on expectations of higher output in March.
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NEW YORK, March 26 — Purdue Pharma LP has agreed to settle a lawsuit by the state of Oklahoma accusing the maker of painkiller OxyContin of helping fuel an opioid abuse epidemic, a person familiar ...
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Samsung Electronics has published an earnings guidance to inform its investors that it may see a bad quarter for the first time, thanks to slow iPhone sales.
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LANGKAWI: Prime Minister Dr Mahathir Mohamad has downplayed the need to purchase new fighter jets to replace the Royal Malaysian Air Force’s ageing fleet of Russian-made aircraft.
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KUALA LUMPUR (March 26): The FBM KLCI closed marginally higher today although investors continued to be jittery after the US yield curve inverted last Friday for the first time since 2007.
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DUBLIN, March 26 — Irish employment would be 3.4 per cent lower if Britain leaves the European Union without a deal than it would be if its neighbour remained in the bloc, a study showed today, pres...
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PARIS, March 26 — Airbus shares rose today after the European planemaker won a deal worth tens of billions of dollars to sell 300 aircraft to China.
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Irish mixed martial arts (MMA) fighter Conor McGregor announced his retirement from the sport on Tuesday, five months after losing to Khabib Nurmagomedov in a controversial title fight in Las Vegas.
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WASHINGTON, March 26 — As the US further pushes to separate itself from Chinese telecommunications equipment maker Huawei Technologies, the Pentagon is laying the groundwork to use technology from r...
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KUALA LUMPUR (March 26): Malaysian palm oil futures fell for a third consecutive session on Tuesday on expectations of higher output in March.
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HOUSTON, March 26 — Saudi Aramco's delayed initial public offering is sidelining grand North American expansion plans at its US refining subsidiary Motiva Enterprises LLC, people familiar with the m...
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SINGAPORE: Singapore’s industrial production in February expanded slightly on a year-on-year basis and beat expectations, helped by growth in biomedical manufacturing, data showed on Tuesday.
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KUALA LUMPUR (March 26): The FBM KLCI retreated at the midday break as technicals remained weaker for the local index and broader local sentiment failed to latch on to the improved regional feel.
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SINGAPORE (March 26): Palm oil may fall to RM2,110 per tonne, as it has cleared a support at RM2,155. The support is identified as the 38.2% retracement of the uptrend from RM1,940 to RM2,344. The nex...
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KUALA LUMPUR (March 26): The FBM KLCI swung between positive and negative territories in choppy trading in the morning session today, against a backdrop of shaky regional markets.
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COLOMBO, March 26 — Sri Lankan police yesterday arrested a former central bank deputy governor and four board members of primary dealer Perpetual Treasuries Ltd for their suspected involvement in an...
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British Airways has been forced to apologize after a flight from London to Dusseldorf landed more than 965 km away in Edinburgh by mistake.
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SEATTLE, March 26 — Boeing Co will provide airlines that have bought the 737 MAX with free software upgrades, the US manufacturer said yesterday, as Ethiopian Airlines told Reuters it expected a pre...
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LONDON, March 26 — Sterling rose slightly yesterday after British lawmakers voted to wrest control of the Brexit process from Prime Minister Theresa May for a day, but the gains were muted with trad...
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PARIS, March 26 — France signed 15 business contracts with China worth billions of euros yesterday, including a 300-plane order with Airbus and a €1 billion (RM4.59 billion) contract for EDF to bu...
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OTTAWA, March 26 — Many Canadians question why Ottawa should ratify a new North American free trade deal given Washington's refusal to lift US tariffs on imports of steel and aluminum from its north...
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SAN FRANCISCO, March 26 — A federal judge in San Francisco dismissed for the second time a securities fraud lawsuit brought by Tesla Inc shareholders alleging that the company made misleading commen...
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NEW YORK, March 25 — Bayer AG and Johnson & Johnson have agreed to settle more than 25,000 US lawsuits over their blockbuster blood thinner Xarelto for a total of US$775 million (RM3.1 billion), cou...
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DUBAI, March 25 — Uber Technologies Inc is set to offer over US$3 billion (RM12.2 billion) to buy Dubai-based rival Careem Networks FZ, two sources familiar with the deal told Reuters, in a deal tha...
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Bangladesh is not in a hurry to relocate Rohingya refugees to a Bay of Bengal island, a minister told Reuters on Monday, after the United Nations sought more details on the government's plan, criticis...
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BRUSSELS, March 25 — US sportswear maker Nike was hit with a €12.5 million (RM57.3 million) fine today for blocking cross-border sales of football merchandise of some of Europe’s best-known club...
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KUALA LUMPUR (March 25): Malaysian palm oil futures fell to their lowest in three days on Monday, tracking weaker related edible oils.
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NEW DELHI, March 25 — Jet Airways chairman Naresh Goyal will step down from the board and reduce his stake in the cash-strapped Indian carrier, the company said today as it closes in on a rescue dea...
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KUALA LUMPUR (March 25): The FBM KLCI declined 1.05% today, mainly as investors became increasingly concerned about the US economy's outlook and its trade negotiations with China.
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ADDIS ABABA March 25 — Boeing Co will brief more than 200 global airline pilots, technical leaders and regulators this week on software and training updates for its 737 MAX aircraft, as Ethiopian Ai...
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TOKYO, March 25  — The yen held near six-week highs against the dollar today as fears of economic recession, fanned by inversion of the US bond yield curve, sapped demand for higher-yield, growth r...
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KUALA LUMPUR (March 25): Malaysian palm oil futures fell to their lowest in three days on Monday tracking weaker related edible oils, and were on track for a second day of drop after five sessions of ...
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KUALA LUMPUR (March 25): The FBM KLCI sank 0.95% at the midday break today as regional markets stumbled.
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New Zealand Prime Minister Jacinda Ardern announced on Monday a royal commission of inquiry into the events leading up to a March 15 attack on two mosques in Christchurch that killed 50 people, includ...
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KUALA LUMPUR (March 25): The FBM KLCI appeared to be holding its ground with a less than 1% decline so far today, making it one of the better performers against broader market indices, after fears of ...
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SINGAPORE (March 25): Palm oil may test a support at RM2,142 per tonne, a break below which could cause a loss to the next support at RM2,094. These supports are identified as the 50% and the 61.8% re...
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SINGAPORE, March 25 — Boeing Co said it invited more than 200 airline pilots, technical leaders and regulators for an information session on Wednesday as it looks to return the 737 MAX to commercial...
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Oil prices kicked off the week's trading with losses as concerns of a sharp economic slowdown outweighed supply disruptions from production cutbacks by the Organisation of the Petroleum Exporting Coun...
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SHANGHAI, March 25 — On a cloudy March morning in Shanghai's glitzy financial district of Lujiazui, Ye Lixia was knocking on the doors of potential clients, offering loans to bet on a surging stock ...
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A pro-military party was leading in Thailand’s first election since a 2014 coup, with the unofficial result delayed until Monday afternoon likely to indicate whether junta chief Prayuth Chan-ocha ca...
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SAN FRANCISCO, March 25 — Uber Technologies Inc is set to offer over US$3 billion (RM12.2 billion) to buy Dubai-based rival Careem Networks FZ, two sources familiar with the deal told Reuters.
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ALGIERS, March 25 — Employees at Algeria's state energy firm Sonatrach have the right to join street protests like the country's other citizens, but their first duty should be to keep working, its C...
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Partial results from Sunday’s general election in Thailand showed a pro-military party slightly ahead of the populist party leading a “democratic front”, an unexpected outcome from a poll that h...
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KUALA LUMPUR (REUTERS) - Australian Scott Hend beat Spanish overnight leader Nacho Elvira with a birdie on the first play-off hole to win the co-sanctioned US$3 million (S$4.1 million) Maybank Champio...
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Hundreds of thousands of people opposed to Britain’s withdrawal from the European Union marched through central London on Saturday to demand a new referendum as the deepening Brexit crisis risked si...
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US-backed forces proclaimed the capture of Islamic State’s last territory in Syria on Saturday, eliminating its rule over a self-proclaimed 'caliphate', but the jihadists remain a threat from sleepe...
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Somalia's al Shabaab stormed a government building on Saturday, detonating a suicide car bomb in the heart of the capital Mogadishu with at least 15 people, including an assistant minister, killed dur...
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KUALA LUMPUR (REUTERS) - Malaysia will finalise talks with China in early April regarding a US$20 billion (S$27 billion) rail project that has been suspended since July last year, the Malaysian repres...
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DETROIT: General Motors Co confirmed today it will invest US$300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle.
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A US lawmaker on Friday urged current or former Boeing Co and Federal Aviation Administration (FAA) employees to come forward with any information about the certification programme for the 737 MAX, wh...
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Alibaba, Tencent, Suning, and car makers including Chongqing Changan Automobile have set up a US$1.5 billion Chinese ride-hailing venture, a move that could test the dominance of ride-sharing giant Di...
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Murphy Oil Corp is exiting Malaysia with a US$2.13 billion sale of its oil and gas assets there to Thailand’s PTTEP and said it will use the proceeds to pay down debt, buy back shares and fund poten...
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HMD Global, the company that took over the Nokia brand from Microsoft, is currently being scrutinized by the Data Inspectorate of Finland.
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BERLIN, March 22 — Nobel Peace Prize laureate Jody Williams and other activists warned yesterday that fully autonomous weapons could be deployed in just 3-4 years and urged Germany to lead an intern...
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SINGAPORE (March 22): Palm oil may approach a resistance at RM2,398 per tonne again in the second quarter, as suggested by its wave pattern and a projection analysis.
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KUALA LUMPUR (March 22): Malaysian palm oil futures fell on Friday, snapping a week-long uptrend, as investors took profit while weakness in overnight soybean oil prices also weighed.
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FRANKFURT, March 22 — Deutsche Bank’s management board members were handed their first bonuses in four years, according to the bank’s annual report published today.
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STOCKHOLM, March 22 — Swedbank's board has continued confidence in the bank's chief executive after seeing the results of an external report into its alleged involvement in money-laundering in the B...
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ISLAMABAD (REUTERS) - Pakistan is set to sign deals worth US$900 million (S$1.21 billion) in telecoms, information technology during a three-day visit by Malaysian Prime Minister Mahathir Mohamad, a s...
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KUALA LUMPUR (March 22): The FBM KLCI pared some of its loss but was down 0.31%, weighed by select blue chips and sentiment turning wary.
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KUALA LUMPUR (March 22): Malaysia's economy remained in deflation for the second month in a row in February, with the consumer price index falling 0.4% from a year earlier, government data showed on F...
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BASEL, March 22 — Swiss watchmakers are confident they can grow sales this year even in the face of a cooling Chinese economy, executives told Reuters at an industry fair yesterday, as demand streng...
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Taxi driver Trond Soemme driving his electric taxi in Oslo last September.
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SINGAPORE (March 22): Palm oil faces a resistance at RM2,190 per tonne, and may retrace towards a support at RM2,142. The resistance and the support are identified as the 38.2% and the 50% retracement...
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KUALA LUMPUR (March 22): The FBM KLCI retreated at mid-morning today and gave up earlier gains, bucking the regional trend.
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BERLIN, March 22 — A political rift has emerged in Berlin over whether Germany should put its financial muscle behind a merger of Deutsche Bank and Commerzbank, politicians and officials said, compl...
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The captain of the doomed Ethiopian Airlines flight did not get a chance to practise on his airline's new simulator for the Boeing 737 MAX 8 before he died in a crash with 157 others, a pilot colleagu...
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TOKYO, March 22 — Three in four Japanese companies expect US-China trade frictions to last until at least late this year, a sharp contrast to market hopes that presidents Donald Trump and Xi Jinping...
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WASHINGTON, March 21 — A conservative group has sued the US government for access to a report on whether auto imports pose a big enough security risk to justify hefty tariffs on the sector, part of ...
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KUALA LUMPUR: When Neelambika’s husband slapped her, she decided to end their marriage, but this only made him angrier.
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KUALA LUMPUR (March 21): Malaysian palm oil futures hit a more than two week high on Thursday, as easing concerns about high output and expectations of better export demand buoyed investor sentiment.
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LONDON: Amnesty International attacked the electric vehicle (EV) industry today for selling itself as environmentally friendly while producing many of its batteries using polluting fossil fuels and un...
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KUALA LUMPUR (March 21): If you happen to find yourself in Baaly, Norway, do not forget to check out “Europe’s first underwater restaurant”.
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KUALA LUMPUR (March 21): The FBM KLCI slid 20.55 points or 1.22% as investors sold banking shares on expectations that Bank Negara Malaysia may cut interest rates amid lower domestic consumer prices.
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HONG KONG/SINGAPORE (March 21): Murphy Oil Corp is nearing a deal to sell its Malaysian oil and gas assets to Thailand's PTTEP PCL, people familiar with the matter said, in the latest energy M&A trans...
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LONDON, March 21 — Asset managers and other financial firms from the European Union have only a week to register with UK regulators to continue operating in Britain in the event of a no-deal Brexit,...
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HONG KONG/SINGAPORE (Reuters): Murphy Oil Corp is nearing a deal to sell its Malaysian oil and gas assets to Thailand's PTTEP PCL, people familiar with the matter said, in the latest energy M&A transaction in the Southeast Asian nation.
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HONG KONG (Reuters): Tencent Holdings, Asia's second-most valuable listed firm, reported on Thursday a sharper-than-expected 32% fall in fourth-quarter profit, the most on record for a quarter, as a regulatory review by China weighed on its gaming business.
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FRANKFURT, March 21 — Christian Sewing, the chief executive of Deutsche Bank, believes there is a strong case for a merger with rival Commerzbank, according to a person with direct knowledge of his ...
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European Union leaders will sound the alarm this week over the threat of EU elections in May being undermined by a coordinated campaign of fake news and disinformation by foreign powers.
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BEIJING, March 21 — A US trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit China on March 28-29 for the next round of negotiations, C...
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JAKARTA: Indonesia’s central bank on Thursday kept its benchmark interest rate where it has been since November, stressing that the level fits its focus on financial stability and reducing the gap in the current account.
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KUALA LUMPUR (March 21): Malaysian palm oil futures rose in first-half trade on Thursday, extending gains to their highest in more than two weeks, as easing concerns about high output and expectations...
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KUALA LUMPUR (March 21): The FBM KLCI lost 1.05% at the midday break today, dragged including by key index-linked banking stocks and Top Glove Corp Bhd.
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A Google executive offered new details on March 20 about the company's upcoming video game streaming service, telling Reuters that game makers may use competing cloud providers and must avoid some inappropriate content.
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New Zealand Prime Minister Jacinda Ardern said today that military-style semi-automatics and assault rifles will be banned under stronger new gun laws following the killing of 50 people in the country...
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SINGAPORE (March 21): Palm oil is expected to test a resistance at RM2,190 per tonne, a break above which could lead to a gain to RM2,227. The resistance is identified as the 38.2% retracement of the ...
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KUALA LUMPUR (March 21): The FBM KLCI erased its earlier gains at mid-morning today in some mildly choppy trade as key momentum indicators remained sluggish.
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GEORGE TOWN: Finance Minister Lim Guan Eng has backed the appointment of Daim Zainuddin as the key negotiator with China on the East Coast Rail Link (ECRL) project, saying the government adviser is th...
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KUALA LUMPUR (March 21): The FBM KLCI rose 0.24% in early trade Thursday, in line with the gains at most regional markets.
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SHANGHAI, March 21 — China’s central bank today lifted its official yuan midpoint to the strongest level in eight months at 6.6850 per dollar, to reflect losses in the greenback overnight after th...
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The European Union will discuss a more defensive strategy on China on Thursday, potentially signaling an end to the unfettered access that Chinese business has enjoyed in Europe but which Beijing has ...
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YOKOHAMA, March 21 — In September 2007, despite weighty responsibilities at the helm of Nissan Motor Co and alliance partner Renault SA, Carlos Ghosn found time to get involved in a seemingly straig...
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KUALA LUMPUR (March 21): The FBM KLCI is seen trading range bound today, with support at the 1,680 and hurdle at 1,690-levels, as local investor sentiment remains wary.
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GEORGE TOWN: A 17-year-old Malaysian teen, who was reported missing in last week’s Christchurch shooting, has been confirmed dead.
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WASHINGTON, March 20 — The US Federal Reserve today resumed its second meeting of the year, having all but assured markets it will leave benchmark interest rates untouched.
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NEW DELHI, March 20 — Bankruptcy is the “last option” for Jet Airways, State Bank of India’s (SBI) chairman said today, adding that it might still be possible to draft in a new investor to kee...