5y

LVMH, Tiffany finally seal merger at lower price

Previously, the price of the deal had been set at US$135 per share

5y

Last major Aussie bank ditches coal, in fresh blow to sector

Exports were worth almost US$50 billion in 2018 – or more than three percent of gross domestic product

5y

Exports support current account surplus, ringgit stability: CGS-CIMB

Manufacturing of electrical and electronic goods, gloves, iron and steel, were sectors with high growth

5y

FGV says yet to receive LLA termination letter from Felda

The land lease agreement refers to estates totalling 350,733ha that were leased to it for 99 years beginning from November 1, 2011

5y

Bank of Japan cuts growth outlook, holds monetary policy

Its forecast for growth was now lower compared with that given in July

5y

Asian stocks fall again after lockdowns spark Wall St, Europe rout

Lockdown announcements pummelled European markets with Frankfurt diving more than four percent and Paris more than three percent

5y

Samsung Electronics Q3 net profit leaps after Huawei boost

Profits in the July-to-September period were up 48.8% year-on-year

5y

Ford shares jump after strong Q3 profits

This comes after strong sales in North America where large vehicles commanded generous prices

5y

Virus surge, new restrictions batter markets

Oil prices have plunged more than 5% as lockdown measures tightened

5y

2,200 Malindo staffers made redundant

This comes after drastic mitigation steps this year as the pandemic continues to ravage the airline industry

5y

Battered by pandemic, Boeing to cut 30,000 jobs in two years

Already reeling from the 737 MAX crisis, the massive impact of Covid-19 on the travel industry compounds Boeing's woes

5y

Ringgit closes higher as US dollar retreats

While the US elections are a factor, the effect of Covid-19 on oil demand is even stronger

5y

European equities tank on virus curb fears

Likely harsh lockdowns throughout Europe have preemptively negatively affected the markets