Manufacturer sinks to RM4.50 shortly after opening bell following seizure order issued stateside

Headline inflation expected to temporarily spike to above 5% in Q2, before averaging at 2.5%-4% for the year

Performance at open tracks falls on Wall Street, where rising bond yields renew inflation worries

Currency in circulation records 14.3% hike in 2020

FBM KLCI down 5.30 points to 1,603.89; local note declines 10 basis points to US dollar

Sum an on-year increase of 18.5%; however, capital contributions and share purchases by foreign investors slide 58.8%

Optimism from exports, local consumption offset by border closures cutting off tourists from neighbouring Brazil
Food delivery firm on track for City’s biggest listing in 10 years thanks to boosted sales from virus lockdowns

Move follows similar policies by other Swedish giants like Spotify, Ikea

Miti will continue to help industry understand requirements of export markets, says minister

Multi-currency financing part of group’s capital management programme to lengthen maturity of debt profile

Double-digit exports growth to continue as virus restrictions ease
