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EPF awaits EAC outcome for clearer future directions
KUALA LUMPUR, Feb 18 — The Employees Provident Fund (EPF) is awaiting the outcome from the newly-established Economic Action Council (EAC) for a clearer future direction, chief...
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FTSE 100 lower as weak dollar hits exporters but Reckitt shines after results
LONDON, Feb 18 — Britain's blue-chip index inched lower and off its four-month high, as a weaker dollar weighed on exporter stocks while consumer goods giant Reckitt Benckiser...
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Strong Malaysian economic momentum to continue in 2019, says Zeti
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Bursa stays higher at mid-afternoon
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Khazanah tells MAS: For additional funding, let's see your proposal
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Sabah's ASB to unveil blueprint to tackle challenges in next decade
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US agency submits auto tariff probe report to White House
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Special RM2b government guarantee scheme for SMEs
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Bursa remains higher at mid-morning
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Coffee farmers betting on blockchain to boost business
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Ringgit gains in early trade
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Trade war boogeyman hangs over giant US toy show
NEW YORK, Feb 18 — The US-China trade war has dealt a glancing blow to American toys, hitting putty and arts and crafts items, while sparing superhero action figures, toy cars...
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Bursa opens higher
KUALA LUMPUR, Feb 18 — Shares on Bursa Malaysia opened higher due to better buying demand across-the-board as market sentiment was lifted by strong gains in US stocks. At...
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Europe's food makers find green palm oil hard to stomach
KUALA LUMPUR, Feb 18 — Europe, the world's second-biggest buyer of palm oil, is set to miss a 2020 target backed by about 10 countries, as well as big companies, to use 100-per...
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US dollar eases as trade deal prospects bolster risk, sterling gains
SINGAPORE, Feb 18 — The US dollar was marginally weaker today, as increasing expectations of a US-Sino trade deal led investors to shift away from the safety of the greenback...
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Asia shares up on optimism over trade talks, stimulus
SYDNEY, Feb 18 — Asian share markets firmed today as investors dared to hope for both progress at Sino-US trade talks in Washington this week and more policy stimulus from major...
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Saudi crown prince begins Asia tour with US$20b Pakistan investment pledge
ISLAMABAD, Feb 18 — Crown Prince Mohammed bin Salman yesterday said Saudi Arabia has signed investment agreements worth US$20 billion (RM81.6 billion) during his high-profile...
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European car imports no threat to US national security, says German group
FRANKFURT, Feb 18 — Car imports from Europe do not endanger US national security, German car lobby the VDA said yesterday, echoing comments by Chancellor Angela Merkel a day...
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Russia's Gazprombank freezes accounts of Venezuela's PDVSA, says source
MOSCOW, Feb 18 — Russian lender Gazprombank has decided to freeze the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of...
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UK plans to make plastic packaging producers pay for waste disposal
LONDON, Feb 18 — Britain is to set out plans to overhaul its recycling system today, including making plastic packaging producers pay the full cost of dealing with their waste...
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Madius: Sabah has identified several investors from China
KOTA KINABALU, Feb 17 — Sabah Deputy Chief Minister Datuk Seri Wilfred Madius Tangau says the state government has identified several investors from China and is planning a...
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Wall Street week ahead: Profit estimates may be adding in too much cost risk
NEW YORK, Feb 17 — As Wall Street braces for the first quarterly decline in earnings in nearly three years, some investors are wondering if the market is factoring in a bigger...
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EcoWorld to unveil Malaysia’s first robot hotel
ISKANDAR PUTERI, Feb 17 — Eco World Development Group Bhd (EcoWorld Malaysia) is set to introduce the country’s first robot guest registration and food delivery system in the...
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High foreign outflow due to investment recalibration, says expert
KUALA LUMPUR, Feb 17 ― A high net foreign fund outflow of RM263.5 million was recorded between Monday to Thursday, a level last seen since the third week of December 2018, as...
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KPMG: Brexit 'airbags' being tested by business with 40 days to exit day
LONDON, Feb 17 ― With just 40 days until the United Kingdom is due to leave the European Union, businesses are testing their emergency Brexit preparations to ensure they have...
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US President Trump receives update on China trade talks
PALM BEACH, Feb 17 ― President Donald Trump received an update on trade talks with China yesterday at his Florida retreat after discussions in Beijing saw progress ahead of a...
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UK airline flybmi collapses under fuel costs, Brexit pressures
LONDON, Feb 17 ― British regional airline flybmi announced yesterday it had ceased operations and was filing for administration, blaming spikes in fuel and carbon costs and...
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Merkel says US calling European cars a threat is ‘frightening’
MUNICH, Feb 16 — German Chancellor Angela Merkel today labelled as “frightening” tough US trade rhetoric planning to declare European car imports a national security threat....
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EPF declares 6.15pc dividend for conventional savings, 5.9pc for Shariah
KUALA LUMPUR, Feb 16 — The Employees Provident Fund (EPF) has declared a dividend rate of 6.15 per cent for Simpanan Konvensional 2018, with payout amounting to RM43...
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Stronger ringgit, commodity prices to shore up Bursa Malaysia next week
KUALA LUMPUR, Feb 16 — Bursa Malaysia is expected to strengthen next week, driven by stronger ringgit and commodity prices, as well as rising forex reserves and higher...