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NI Holdings appoints new Chief Executive Officer

USD/MYR: Ringgit mostly steady even as Malaysia CPI picks up

November 22, 2024 8:49 am
The USD/MYR currency pair remained confined within a narrow range on Friday, following the release of Malaysian CPI data for October. Meanwhile, investors continued to weigh geopolitical situation as Russia lowered its threshold for using nuclear weapons and launched a hypersonic intermediate-range ballistic missile on Ukrainian territory. Concerns over further escalation of the Russia-Ukraine conflict […] Read more

Exxon, LG Chem ink lithium supply agreement

November 21, 2024 12:45 pm
Exxon Mobil Corporation (NYSE: XOM) and LG Chem announced on Wednesday the signing of a non-binding memorandum of understanding for a multi-year offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium is to be supplied from ExxonMobil’s planned project in the United States to LG Chem’s cathode facility in Tennessee, which […] Read more

BlackRock announces $5.10 quarterly dividend

November 21, 2024 11:14 am
BlackRock Inc (NYSE: BLK) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $5.10 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 23rd to shareholders of record as of the close of business […] Read more

OSI Systems secures $11 mln order for electronic assemblies

November 21, 2024 10:27 am
OSI Systems Inc (NASDAQ: OSIS) said on Wednesday that its Optoelectronics and Manufacturing division had secured an order valued at nearly $11 million to provide critical electronic sub-assemblies for a leading-edge healthcare original equipment manufacturer. “We are pleased with this award from a leader in healthcare technology. This ongoing partnership highlights our commitment to quality […] Read more

South Africa’s CPI inflation eases to four-year low

November 20, 2024 10:44 am
Annual consumer price inflation in South Africa has eased to 2.8% in October from 3.8% in September, data by Statistics South Africa showed. It has been the lowest inflation rate in four years mostly as a result of a drop in fuel prices. Cost of petrol and diesel plummeted 19.1% year-on-year in October. In addition, […] Read more

Merck increases quarterly dividend to $0.81

November 20, 2024 8:38 am
Merck & Company Inc (NYSE: MRK) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.81 per share of common stock. The latter represents an increase of 5.19% compared to the previous quarterly dividend of $0.77 per share. The dividend will be paid on January 8th to shareholders […] Read more