Energy stocks push Wall Street higher; tech weighs
REUTERS: Wall Street rose on Friday boosted by higher oil prices after the OPEC agreed to a modest increase in output, but a drop in technology stocks capped gains.
U.S. President Donald Trump threatened to impose a 20 percent tariff on all European Union car imports, a month after the ...
KUALA LUMPUR (July 20): Finance Minister Lim Guan Eng said the Finance Ministry is of the view that big-ticket items should be subjected to the sales and services tax (SST).
Lim said this in a statement today in response to the Royal Malaysia Customs Department's proposal to exempt several big-ticket items from the SST. The items include airplane, luxury ship, passenger ferry, helicopter and spaceship.
The Royal Malaysia Customs Department is also known as Jabatan Kastam Diraja Malaysia (JKDM).
KUALA LUMPUR (July 20): The FBM KLCI closed 4.57 points or 0.26% lower on profit taking after nine straight days of gains. At 5pm today, the KLCI settled at 1,754.67 points.
Areca Capital Sdn Bhd chief executive officer Danny Wong Teck Meng told theedgemarkets.com that investors took profit on telecommunication stocks.
NEW YORK: Donald Trump's comments that a strong dollar "puts us at a disadvantage" caused an instant fall in the greenback on Thursday and marked another example of the U.S. president commenting directly - and sometimes contradictorily - on the country's currency.