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5y

Ringgit rebounds to open higher

Improvement in Malaysian currency attributed to uncertainty over the local political scenario which has abated

5y

Ant Group expects US$34 bil in record IPO

This projection will be far more than the US$29 billion chalked up by Saudi Aramco in December

5y

US new home sales slow in Sept

It dipped 3.5% compared to August with just 959,000 units sold

5y

Stocks stumble on surge in virus cases, elusive US stimulus

Little chance of a rescue deal to help cash-strapped Americans before election

5y

Ringgit extends weakness against US dollar

Decreasing demand for oil resulting from movement controls has resulted in bleak outlook for energy companies

5y

FBM KLCI recoups earlier losses to end marginally lower

The hoped for economic recovery was short-lived due to the reimposition of movement restrictions around the country

5y

MIER revises down GDP projection to -5.5% in 2020

A third wave of Covid-19 is expected to delay any recovery to the first quarter of 2021

5y

Mr D.I.Y allocates RM438 mil for expansion plans

CEO Adrian Ong says the company plans to increase the number of retail stores to 900 nationwide by December 2021

5y

Higher allocation expected for healthcare sector in upcoming budget

A five-year plan is needed to reset the economy through fiscal consolidation

5y

Decision on Deloitte's judicial review application set for November 18

Deloitte was fined RM2.2m by the Malaysian Securities Commission

5y

MCMC imposes two-year freeze on new courier service permits

The decision follows a call by an industry group representing 25 major courier companies

5y

Bursa Malaysia slides into red due to market jitters

At 11am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 10.68 points

5y

Singapore to begin two-year electricity import trial from Peninsular Malaysia

Energy Market Authority plans to issue a Request for Proposal (RFP) by March 2021 for 100 megawatts (MW)