Oil prices rise 2% as banking fears subside
HOUSTON: Oil prices rose more than 2% on Tuesday (March 21)(, extending a retreat from a 15-month low hit the previous day, as the rescue of Credit Suisse allayed concerns …
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CMM rolls out CVC programme to spur investments in startups, MSME
KUALA LUMPUR: Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), today launched the nation’s first corporate venture capital (CVC) programme to advance the domestic venture capital …
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US oil exports to Europe hit record high on steep discounts
HOUSTON: US crude exports to Europe have hit a record 2.1 million barrels per day on average so far this month, spurred by wide discounts to the global benchmark and …
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Oil prices rebound to end higher after hitting 15-month low
NEW YORK: Oil prices rebounded and rose over 1% on Monday (March 20) after diving to their lowest levels in 15 months as the market worried that risks in the …
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Hong Leong AM repeats 15 wins feat at Refinitiv Lipper Fund Awards
KUALA LUMPUR: Hong Leong Asset Management Bhd (Hong Leong AM) bagged 15 individual fund awards for the second consecutive year at the Refinitiv Lipper Fund Awards, exemplifying Hong Leong AM’s …
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Ringgit extends gains to open higher againts US dollar
KUALA LUMPUR: The ringgit extended last week’s gains to trade higher against the US dollar in the early session today, driven by investors’ return to emerging currencies as the global …
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GoodMorning Global makes inroads into overseas halal market
PETALING JAYA: GoodMorning Global Group Holdings Bhd, Malaysia’s largest nutritional multigrain company has signed a memorandum of cooperation (MoC) with leading food distributor DagangAsia Network. Leveraging DagangAsia’s halal online marketplace, …
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MITI secures RM24b potential investments from South Korea
KUALA LUMPUR: The International Trade and Industry Ministry (MITI) has secured potential investments worth RM24 billion as well as RM4.24 billion of potential exports of products and services through its …
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Bursa Malaysia CEO misrepresented on social media
KUALA LUMPUR: Bursa Malaysia Bhd has identified several Facebook pages that have misrepresented its chief executive officer, Datuk Muhamad Umar Swift. “The exchange would like to reiterate that these Facebook …
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Ringgit to trade with upward bias versus US dollar ahead of Fed decision
KUALA LUMPUR: The ringgit is expected to trade in cautious mode with an upward bias against the US dollar next week ahead of a decision by the United States Federal …
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