Bursa Malaysia closes down in line with regional sentiment
KUALA LUMPUR, Nov 30 — The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) finished lower today, weighed down by selling activities in selected heavyweights and in line with most regional markets.
At 5pm, the index stood at 1,672.16, down 10.43…
Felda puts US$680m Eagle High stake purchase on hold
KUALA LUMPUR, Nov 30 — Malaysia’s Felda Global Ventures Holdings Bhd, the world’s No.3 palm plantation operator, has put on hold a planned US$680 million (RM2.9 billion) purchase in Indonesia after shareholders criticised the deal as too expensive…
Ringgit opens lower against US dollar
KUALA LUMPUR, Nov 30 — The ringgit opened lower against the US dollar today on weak buying interest, dealers said.
At 9.00 am, the ringgit was quoted at 4.2770/2880 against the greenback from 4.2550/2650 on Friday.
A dealer said the local note…
Bursa opens lower on weak buying sentiment
KUALA LUMPUR, Nov 30 — The FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower today on a lack of buying interest and in line with its weaker regional peers.
At 9.15 am, it was 9.61 points lower at 1,672.98, after opening 7.18 points easier at…
IMF’s yuan inclusion a nod to China’s economic reforms
SHANGHAI, Nov 30 — When the International Monetary Fund agrees today to add the Chinese yuan to its reserves basket in the biggest shake-up in more than three decades, the IMF can afford itself a congratulatory nod.
By acknowledging the yuan as…
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