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KUALA LUMPUR: Bursa Malaysia was broadly higher in early Monday trade, with consumer stocks staging a recovery while overall market sentiment was more positive about the government’s latest restricted measures to curb the spread of the Covid-19 pandemic.
At 9.10am, the KLCI was up 5.46 points or 0.35% to 1,567.63. Turnover was 452.61 million shares valued at RM210.61mil. There were 401 gainer, 132 losers and 267 counters unchanged.
Reuters reported Asian shares got off to a cautious start as investors anxiously awaited a key read on US inflation this week for guidance on monetary policy, while Bitcoin took a hammering after China cracked down on mining and trading of the cryptocurrency.
crude oil spewed into the gulf. bp potentially facing gigantic fines for the worst off shore oil spill. and our phil keating is following the story today. why the delay? well, the delay is it to give the party, that being primarily british petroleum, that s the plaintiffs in this case, more time and one more week it try to reach an out of court settlement and a lot of legal observers, especially in maritime law, are calling this the trial of the century, primarily because of the billions of dollars that are potentially at stake for bp. trans ocean, as well as halliburton and a couple of other oil company firms here. and in the statementment released this afternoon, bp as well as the plaintiff. this is intended to allow bp and plaintiff s steering committee. more time to continue settlement discussions in an attempt to reach an agreement. . bp and tsc are reaching an
agreement for businesses affected by the deep water horizon accident and oil spill. there can be he no assurance that these discussions will lead to a settlement. and keep in mind, b p s got a huge team of lawyers out here, just preparing for the trial and a huge team of attorneys down here simply working on the settlement talks, these talks have been going on for several months, so far, they have failed to reach a settlement and however, the judge, faces some judicial wisdom here to give them one more week, so it really does indicate at that perhaps, a settlement is closer than it s ever been. yeah, so, a lot of people across the country following this, may be wondering, where are we in all of this? this is strictly the civil side, right? not the possible criminal case that could be coming? right, justice department still reviewing possible criminal case against bp, as well as trans ocean,
forces loyal to gbagbo have been routed. she would succeed tim kaine. beware of emaze sent. stealing thousands of e-mail addresses. the big fear is the thief who sent local e-mails, pretending to be political. it was revealed recently the top executives received giant bonuses for 2010 because of, get this, trans ocean s overall safety record. today they said they will be donated to a fund for victim s families. the aviation administration ordered wear and tear inspections on boeing 7 threes. last friday the skin ripped open. it is believed met alpha teague is the culprit. southwest said it discovered cracks in five more of the jets. up next, thousands of tons of radioactive water released into the pacific ocean.
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