[ad_1] Ember lights up a hillside behind the Bidwell Bar Bridge as wildfires rage in Oroville, California, last Wednesday. (AP Image) PORTLAND: Senior officials in West Coast states where record fires have killed 33 people accused President Donald Trump of denying climate change on Sunday as he prepared to meet …
Read More »Japan’s ruling party elects Yoshihide Suga to succeed prime minister
[ad_1] TOKYO, Sept. 14 (AFP): Japan’s ruling party elected Chief Cabinet Secretary Yoshihide Suga as its new leader on Monday, making him almost certain to replace Shinzo Abe as the country’s next prime minister. . Suga easily won the vote, garnering 377 out of a total of 534 votes from …
Read More »Rakuten Trade positive on KLCI outlook, sets year-end target at 1,580
[ad_1] KUALA LUMPUR (Sep 14): Following recently seen consolidations, Rakuten Trade Sdn Bhd expects the FBM KLCI to trade higher in the future and forecast it to close at 1,580 points by the end of 2020. The research house said the year-end target was based on 15.5 times its price-to-earnings …
Read More »The best glove recovers with a record rise that defies analyst degradation
[ad_1] Photographer: Samsul Said / Bloomberg Photographer: Samsul Said / Bloomberg Falling Shares of Malaysian Glove Manufacturers Show Signs of Top Glove Corp. rebounded with its biggest two-day jump on record. After a four day slump last week exacerbated by Macquarie Bank Ltd.’s downgrade of shares, the world’s largest manufacturer …
Read More »Johor to spend $ 9.9 million on air-conditioned walkways and pedestrian escalators on the Malaysian side of the Causeway, SE Asia News & Top Stories
[ad_1] ISKANDAR PUTERI – The Johor state government plans to build a 350m covered pedestrian walkway on the Malaysian side of the Causeway, at a cost of RM30 million (S $ 9.9 million), a senior Johor official said. Once completed, the project would make it more convenient for the hundreds …
Read More »KLCI Slashes Many Gains As Fall In Key Index-Linked Stocks Negates Glove Makers Advancement
[ad_1] KUALA LUMPUR (Sept. 14): FBM KLCI trimmed much of its gains in Monday’s midday break as key index-linked stocks including Tenaga Nasional Bhd and Malayan Banking Bhd (Maybank) declined, denying the advancement of glove manufacturers. At 12:30 p.m., the FBM KLCI rose 2.82 points to 1,507.67. The index had …
Read More »‘Negative’ impact seen on Genting Malaysia’s Empire RM625m preferred stock subscription – CGS-CIMB
[ad_1] KUALA LUMPUR (September 14): The word “negative” better describes analyst sentiment today after Genting Malaysia Bhd (GenM) announced on Friday (September 11) that its indirect wholly-owned subsidiary Genting ER II LLC will be subscribe for an additional $ 150. million (approximately RM625 million) of preferred shares in Empire Resorts …
Read More »Data on 1,400 Malaysians Among Millions Exposed in Covert Chinese Intelligence Leak
[ad_1] Questions have been raised about the extent and scope of China’s intelligence-gathering operations. (AFP photo) PETALING JAYA: A Chinese company linked to Beijing’s military and intelligence networks has amassed a vast database of detailed personal information on 2.4 million people, including 1,400 Malaysians. According to a report by the …
Read More »Keeping your hands in the glove industry
[ad_1] PETALING JAYA: Hartalega Holdings Bhd and Top Glove Corp Bhd, the world’s two largest glove manufacturers, will hold separate events this week that will provide investors with direct information on the companies’ business prospects. With a combined market capitalization of over RM100bil, the two companies have a strong influence …
Read More »WHO Reports Record Daily Increase of Over 307,000 Global Covid-19 Cases
[ad_1] Covid-19 patients are treated inside a non-invasive ventilation system at a Manaus hospital in May. (AP Image) GENEVA: The World Health Organization on Sunday reported a record one-day increase in global coronavirus cases, with a total increase of 307,930 in 24 hours. The biggest increases were in India, the …
Read More »