Tag Archives: Investment Course

Stocks expected to deliver better returns next year Read full story

Malaysia’s Petronas, France’s TotalEnergies, Royal Dutch Shell, and Qatar Energy on Friday scooped up big offshore oil fields in Brazil Read full story

WASHINGTON: The International Monetary Fund’s Executive Board on Friday said it has formed a steering group to lead a review to improve institutional safeguards on data and governance after clearing IMF Managing Director Kristalina Georgieva of wrongdoing in a World Bank data-rigging scandal. Read full story

WASHINGTON: The U.S. Department of Energy on Friday said it will sell 18 million barrels of oil from the Strategic Petroleum Reserve, with offers from companies to purchase it due on Jan. 4, as part of a previously announced release aimed to cool fuel prices. Read full story

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways with downside bias next week, a dealer said. Read full story

SINGAPORE: Oil prices dipped on Friday, putting the market on track for a weekly loss, as surging cases of the Omicron coronavirus variant raised fears new curbs may hit fuel demand, while a weaker dollar supported commodity markets broadly. Read full story

LONDON: Britain’s financial regulator said on Friday that it had fined HSBC 63.95 million pounds ($85.16 million) for failings in its anti-money laundering processes. Read full story

KUALA LUMPUR: Supermax Corp Bhd is planning to start construction on the first phase of its new US-based manufacturing facility in Brazoria County in Texas, US in 1Q2022. Read full story

SHANGHAI: China’s benchmark lending rates will likely be set lower next Monday, after standing still for 20 months, according to a Reuters flash poll, highlighting Beijing’s monetary policy divergence with other major global economies. Read full story

KUALA LUMPUR: Malaysia recorded 58,742 units of new vehicle sales in November 2021, up 1.94% from 57,622 units in the same month last year, the Malaysian Automotive Association (MAA) said. Read full story

KUALA LUMPUR: CIMB Group Holdings Bhd has appointed Lani Darmawan as the president director and chief executive officer of CIMB Niaga. Read full story

KUALA LUMPUR: The FBM KLCI closed up 1.17% on Friday and crossed the 1500-point psychological level as index-linked stocks held firm. Read full story