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Money
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Britain to raise minimum wage to £9.50 an hour, BBC says
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Bursa Malaysia publicly reprimands JAKS Resources and Kenanga Investment Bank
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Ringgit ends higher against US dollar
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Bursa Malaysia ends lower on cautious sentiment
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FBM KLCI higher at mid-afternoon
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Bank Negara’s international reserves at US$115.6b as of Oct 15, 2021
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EPF members can now purchase up to eight unit trust funds via i-invest
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Tokyo stocks close lower on tech slump
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European stocks mostly rise at open
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China coal futures fall for a fourth day as govt intervenes
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Evergrande says it has resumed work on 10 stalled projects
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ECB charts lonely course through inflation spike
FRANKFURT, Oct 25 — Pressure is growing on the European Central Bank (ECB) to respond to rising inflation in the eurozone, as its counterparts in the United States and the...
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HSBC chief Quinn says bank’s lows ‘are behind us’
HONG KONG, Oct 25 — HSBC is emerging from its coronavirus and restructuring troubles to become more reliably profitable, boss Noel Quinn said today as he announced the start of...
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Bursa Malaysia remains mixed at midday
KUALA LUMPUR, Oct 25 — Bursa Malaysia remained mixed at midday today, with the key index rising by 0.16 per cent amidst cautious trading. At 12.30pm, the benchmark FTSE Bursa...
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Foreign investors stay net buyers last week, with net inflow of RM587.61m
KUALA LUMPUR, Oct 25 — Foreign investors remained net buyers on Bursa Malaysia for the third week ended on Oct 22, with a net inflow of RM587.61 million against RM924.77 million...
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Hong Kong’s zero-Covid policy undermining financial hub status, says industry group
HONG KONG, Oct 25 — A financial industry group warned today that Hong Kong’s zero-Covid policy and strict quarantine requirements for international travellers threatens to...
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Bursa Malaysia mixed at mid-morning, CI up 0.21pc
KUALA LUMPUR, Oct 25 — Bursa Malaysia was mixed at mid-morning today with the key index remained higher by 0.21 per cent amid a cautious trading. At 11.05am, the benchmark FTSE...
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AmBank Research: Upward pressure on inflation to stay moving forward
KUALA LUMPUR, Oct 25 — The upward pressure on inflation is expected to stay moving forward, driven by transfer pricing due to the rising cost of businesses arising from higher...
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Bursa Malaysia opens lower before turning higher
KUALA LUMPUR, Oct 25 — Bursa Malaysia’s key index opened lower but turned higher soon after, lifted by selected heavyweights. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI...
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Ringgit falls against US dollar at opening
KUALA LUMPUR, Oct 25 — The ringgit depreciated against the greenback at the opening on Monday, with investors waiting on the sidelines ahead of the Budget 2022 tabling on Oct...
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Dollar catches footing as inflation pressures rates outlook
SINGAPORE, Oct 25 — The dollar steadied today after its steepest weekly loss in more than a month, as traders weigh the effect of inflation on the relative pace of looming rate...
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Asian shares steady, dollar weak as traders await earnings
HONG KONG, Oct 25 — Asian shares started steady today ahead of a week packed with major quarterly earnings announcements, while the dollar hovered near October lows after three...
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Australia’s Telstra to acquire Digicel Pacific
SYDNEY, Oct 25 — Australian telecommunications firm Telstra will buy Digicel Pacific for US$1.6 billion (RM6.65 billion), in a government-supported move reportedly aimed at...
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Spillover from China’s property debt risks is controllable, says report
SHANGHAI, Oct 25 — The spillover effect of Chinese real estate companies’ debt default risks to the financial industry is generally controllable, state media said today, as...
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Lebanon’s negotiations with IMF likely to start in Nov, says foreign minister
BEIRUT, Oct 25 — The Lebanese foreign minister said yesterday that negotiations with the International Monetary Fund would likely start in November, Lebanon’s Al Jadeed TV...
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UK announces £6b health spending ahead of key budget
LONDON, Oct 25 — The British government will provide an extra £6 billion to its National Health Service to tackle backlogs built up during the pandemic, finance minister Rishi...
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Croatia’s right-wing eurosceptics seek referendum on euro adoption
ZAGREB, Oct 24 — Croatia’s conservative and eurosceptic party Hrvatski Suverenisti (Croatian Sovereignists) began a two-week drive today to collect signatures in a bid to...
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Nigeria to launch digital currency tomorrow, central bank says
ABUJA, Oct 24 — Nigeria will tomorrow launch a digital currency, the eNaira, the central bank said, months after it barred banks and financial institutions from dealing in or...
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China’s Evergrande resumes work on more than 10 projects
BEIJING, Oct 24 — China Evergrande Group said on Sunday it had resumed work on more than 10 projects in Shenzhen, Dongguan and other cities — a statement that comes after it...
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China to expand property tax trial to check speculation
BEIJING, Oct 24 — China is set to expand pilot property tax reforms, state media reported, as the government battles real estate speculation in the world’s second-biggest...