U.S. bans imports from fifth Malaysian firm in 15 months ...
MALAYSIA-LABOUR/:U.S. bans imports from fifth Malaysian firm in 15 months over alleged forced labour
Source: trust.org
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The changing face of the FBM KLCI
OVER the last 10 years, technology companies around the world have attracted significant investor interest. Companies like Apple and Microsoft have become the world’s largest companies by market capitalisation.
Source: thestar.com.my
Asian stocks steady but China worries weigh; S.Korea shares gain
* S.Korea’s 2021 trade volume hits $1 trln * Malaysia stocks dragged by glove makers * Chinese property sector weighs…
Source: sharenet.co.za
Malaysian glove maker Supermax warns of 'material effect' on financial performance after US import ban | Malaysia
KUALA LUMPUR, Oct 25 — Supermax Corporation Bhd has warned that should efforts to divert its US-bound sales to other markets “be less than successful, this would have a material adverse effect on the company’s financial performance.” “The duration of the withhold release order...
Source: malaymail.com
Supermax warns of 'material effect' on its financials if sales diversion less than successful after US detention order
Supermax Corp Bhd warned on Monday (Oct 25) that there will be "material effect" on its financial performance should the glove maker’s efforts to divert sales to other markets be less than successful after the US Customs and Border Protection (CBP) issued a Withhold Release Order (WRO) against the company and its subsidiaries’ products on forced labour allegations.
Source: theedgemarkets.com