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Renault CEO Luca de Meo has targeted a valuation of €8-10 billion for the initial public offering of Ampere, which has already been delayed once and is now slated for spring 2024. — Reuters pic

Renault seeks to charge up investors for EV unit IPO

Tiger Global Management raised its Meta investment by 4 per cent, boosted its bet on Microsoft by 8 per cent and increased its Amazon stake by 6.5 per cent. —  Reuters pic

Investors expand bets on tech stocks as sector still fuels market gains, regulatory filings show

China has lifted most trade blocks imposed amid a 2020 diplomatic dispute after Australia called for an inquiry into the origins of Covid-19. ― Reuters pic

Australia confident China will lift all trade blocks next month

The S&P 500 index leapt 1.9 per cent, the Dow Jones Industrial Average jumped 1.4 per cent, and the Nasdaq Composite Index advanced 2.4 per cent, its best day since April 27. — AFP pic

Wall Street, European stocks fly on soft US inflation data

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FOMO Pay Secures License in Hong Kong, Positioned for Further Growth In the Region

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ToolsGroup Positioned as the Leader in the SPARK Matrix for Retail Forecasting and Replenishment by Quadrant Knowledge Solutions

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Greenbriar Announces That Planning Commission Approves the Sage Ranch Precise Development Plan and the Project Now Moves Forward to Construction

At 6 pm, the ringgit slid to 4.7165/7210 against the greenback from last Friday’s close of 4.7065/7105. (The market was closed yesterday for the Deepavali replacement holiday. — Picture by Miera Zulyana

Ringgit closes lower as traders await US CPI data

Deputy Prime Minister and Minister of Plantation and Commodities Datuk Seri Fadillah Yusof (centre) after a High Level Roundtable Meeting with Major Stakeholders of Palm Oil at China Hall Pudong, Shanghai, November 14, 2023. — Bernama pic

Malaysia’s MSPO certification gets global recognition, at par with RSPO, says DPM Fadillah

Deputy Prime Minister and Minister of Plantation and Commodities Datuk Seri Fadillah Yusof speaks to the media after a high level roundtable meeting with major stakeholders of palm oil at China Hall Pudong in Shanghai, November 14, 2023. — Bernama pic

DPM Fadillah: Malaysia confident of higher palm oil, related products exports to China 

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DHL Express opens newly expanded global hub in Hong Kong, firmly positions itself for global trade recovery

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HKU Astrophysicists Collaborates with NASA’s IXPE Telescope Untangles Theories Surrounding Historic Supernova Remnant

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Unwrap the Joy of Festivities with iShopChangi

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) bagged 6.54 points to 1,451.72 compared to last Friday’s closing of 1,445.18. — Picture by Razak Ghazali

Earnings optimism, bargain hunting lift FBM KLCI to end in positive territory

Deputy Prime Minister Datuk Seri Fadillah, who is also the Plantation and Commodities Minister, said the country has been proactive in taking pivotal measures towards the administration and production of sustainable palm oil. — Bernama pic

DPM Fadillah: Malaysia seeks to widen partnership with China in emerging growth areas

Earlier, the central bank called for two conventional money market tenders, two qard tenders and two reverse repo tenders.. — Picture by Yusof Mat Isa

Short-term interbank rates close steady on Bank Negara operations