Malaysia’s manufacturing suffers sharpest decline in three years
KUALA LUMPUR, Dec 1 — Manufacturing conditions in the country worsened last month at the highest rate of deterioration in over three years, according to Nikkei Malaysia.
The November PMI from the Markit’s Nikkei Malaysia Manufacturing Purchasing…
Bursa Malaysia opens lower
KUALA LUMPUR, Dec 1 — The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower today, weighed down by Public Bank and Petronas Gas.
At 9.10am, it was 2.84 points lower at 1,669.32, after opening 1.87 points easier at 1,670.29.
Public…
Samsung replaces mobile-unit Chief as Galaxy phones struggle
SEOUL, Dec 1 — Samsung Electronics Co. replaced the executive overseeing its mobile-phone business as the company tries to protect a dwindling sales lead against Apple Inc. and Chinese makers.
Koh Dong Jin, who helped develop the latest Galaxy…
China’s stocks fall to one-month low after manufacturing data
SHANGHAI, Dec 1 — China’s benchmark stock index fell to the lowest level in a month after data showed manufacturing conditions are deteriorating, overshadowing the International Monetary Fund’s decision to add the yuan to its basket of reserve…
US crude oil prices remain weak ahead of OPEC meeting
SINGAPORE, Dec 1 — Crude oil prices held at low levels in early trading in Asia today as traders bet on continued high production from the Organization of the Petroleum Exporting Countries (OPEC) ahead of its meeting later this week.
US crude…
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