11+ hour, 38+ min ago  (187+ words) HANOI (July 2): Global risks are putting pressure on the'Vietnamese central bank's policy management, deputy governor Pham Thanh Ha said on Thursday. The Southeast Asian manufacturing hub is targeting economic growth of more than 10% this year, supported by stronger infrastructure spending,…...

2+ hour, 18+ min ago  (307+ words) KUALA LUMPUR (July 2): Heavy machinery company Favelle Favco Bhd (KL: FAVCO) said on Thursday that it has secured three contracts worth a combined RM504 million for the supply of offshore and tower cranes. Two contracts, awarded by Floating Production Solutions Sdn…...

2+ hour, 51+ min ago  (368+ words) WASHINGTON (July 2): US job growth slowed more than expected in June and data for the prior month was revised lower, but the unemployment rate fell to 4. 2%, pointing to continued labour market stability. Non-farm payrolls increased by 57, 000 jobs last month after…...

3+ hour, 36+ min ago  (271+ words) KUCHING (July 2): Sarawak welcomes any increase in the special grant under Article 112 D of the Federal Constitution, provided the Federal Government's fiscal position permits it. Sarawak Premier Tan Sri Abang Johari Tun Openg said any increase in the special grant…...

14+ hour, 1+ min ago  (442+ words) NEW YORK (July 1): Abivax'SA'raised US$800 million in an expanded share sale on Wednesday after strong investor demand, valuing the French biotechnology company at nearly US$11 billion and easing pressure to pursue a near-term sale. Abivax, which is developing treatments for…...

4+ hour, 10+ min ago  (217+ words) KUALA LUMPUR (July 2): French oil supermajor Total Energies agreed to sell its 85% stake in Block 2 E offshore Malaysia for US$350 million (RM1. 43 billion) to Japanese energy firm Inpex. The divestment, representing a net interest of 8. 5% in the Marjoram gas field currently…...

6+ hour, 14+ min ago  (763+ words) (July 2): Currency strategists at Credit Agricole, Morgan Stanley and TD Securities are among those bucking the consensus call for a stronger dollar. The Bloomberg Dollar Spot Index surged 2% in June, its best month since the outbreak of the Iran war,…...

13+ hour, 10+ min ago  (649+ words) (July 2): Apple Inc is in negotiations to purchase chips from two Chinese semiconductor makers on a Pentagon blacklist to help reduce the impact of a global memory shortage that's forced the company to raise prices across its product line. The…...

6+ hour, 12+ min ago  (272+ words) SINGAPORE (July 2): Bain Capital, KKR and KV Asia Capital have been shortlisted to buy a minority stake in Avisena Healthcare in a deal that could value the Malaysian healthcare firm at about RM1. 5 billion (US$368 million), two people with direct knowledge…...

5+ hour, 3+ min ago  (190+ words) (July 2): Hong Kong's assets under management climbed 20% to a record HK$42. 2 trillion (US$5. 4 trillion or RM22 trillion) last year, a sign that the city's prolonged attempt to become a wealth management hub is bearing fruit. The amount overseen by the asset…...