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7-Eleven in the spotlight

Shares up on some positive changes in the retail chain operator A FAIR bit of changes have been taking place at 7-Eleven Malaysia Holdings Bhd. Despite not having a single “buy” call by analysts on Bloomberg’s poll...

Global stocks selloff stops at Wall Street; gold, yen tick up

NEW YORK:Wall Street put a floor under global equities on Friday after a weak inflation reading brought investors back into U.S. stocks even as tensions between the United States and North Korea continued to escalate, th...

Oil prices up amidst higher global demand, Nigeria instability

NEW YORK: Oil prices rose slightly on Friday in volatile trading as the market weighed lower U.S. crude stocks, Nigerian instability and strong global demand growth against a persistently slow rebalancing. Brent crude...

Lack of deposits worrying banks

SOMETHING weird is going on at Malaysia's banks. The problem is about deposits, or more precisely, a lack of them. As CIMB Group Holdings Bhd. analyst Winson Ng notes, the banking industry's loans-to-deposit ratio has ...

Beijing looks to Malaysia for fast track to support in region

HONG KONG: Beijing is using a multibillion-dollar railway project in Malaysia to win support from a key Southeast Asian nation at a time when ties are strained with other countries in the region. The US$13 billion Eas...

Hong Kong investors rush for exit in biggest stock rout of 2017

HONG KONG: Stocks in Hong Kong headed for their biggest weekly slide of 2017 and volatility surged as U.S. President Donald Trump stepped up pressure on North Korea. The Hang Seng Index fell for a third straight day for...

Gold prices climb to near two-month high as geopolitical tensions rise

Published on Aug 10, 2017 Gold futures on the COMEX division of the New York Mercantile Exchange rose to the highest level in nearly two months on Wednesday amid a war of words between the United States and the Democr...

China urges US to act ‘prudently’ in aluminum foil dispute

Published on Aug 10, 2017 China urged the US government on Thursday to act "prudently" to avoid damaging economic relations between the two countries, in a strongly worded response to Washington's preliminary decision...

One Trader Says This Could Kill Gold’s Vibe

Published on Aug 10, 2017 Gold continues to extend its gains and is within striking distance of $1,300 an ounce, but Friday's consumer price index (CPI) read might put a damper on the metal's rally, this according to ...

Gold Is Talking And It’s Hinting At Key $1,300 Level – Expert

Published on Aug 10, 2017 When the gold market talks, this one trader listens....carefully. Veteran trader Bob Iaccino of Path Trading Partners, said that the metal seems to be hinting at higher prices. All eyes ar...

Malaysian palm oil prices at highest level for more than a week despite data

KUALA LUMPUR: Malaysian palm oil futures rose to their highest level in over a week on Thursday evening on expectations of soyoil gains, despite the earlier release of bearish industry data. The benchmark palm oil contr...

CIMB Research Neutral on healthcare sector, IHH and YSP top picks

KUALA LUMPUR: CIMB Equities Research is retaining its Neutral recommendation on the overall healthcare sector where stocks under its coverage underperformed the FBM KLCI by 13% year-to-date. It said on Friday this was...

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