Local benchmark FBM KLCI up 10.99 points from closing yesterday

State-run oil company’s ordinary shares close 9% up, while preferential shared win back 12.2%
Markets jittery about prospects that recovery will lead to rising lending rates

Total import duty on crude palm oil raised to 35.75% from 30.25%

Research report shows threefold rise in demand for digital talent in the region from 2016 to 2019

California-based company will enter merger with firm that values it at US$24 billion

Company says its revenue slumped to RM1.51 billion from RM2.91 billion previously on lower sales volumes and a decline in the oil price

Group cautiously optimistic that business conditions will pick up throughout 2021

More than US$800 million has been poured into long-awaited attraction

FBM KLCI declines 5.41 points, or 0.34%, to 1,565.05 at 5pm

Group’s Q4 net profits rise, however, due to higher plant utilisation rate
Lender says profit after tax came in at US$6.1 billion higher credit losses and other bad debts
