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Trading ideas: Muhibbah Engineering, Gas Malaysia, Vivocom, SD Plantations

KUALA LUMPUR: JF Apex Research expects Muhibbah Engineering (M) Bhd , Gas Malaysia Bhd , Vivocom International Holdings Bhd , Sime Darby Plantations Bhd and Axiata Group Bhd  to be among the stocks to watch on Friday...

Public Bank again shores up KLCI early Friday

KUALA LUMPUR: Blue chips wavered in early Friday trade as investors digested the barrage of corporate announcements and looked for directions from funds but Public Bank underpinned the FBM KLCI’s slim gains. At 9.25am, ...

AirAsia taps former Pos Malaysia boss to join its logistics arm

KUALA LUMPUR: AirAsia  Group chief executive officer Tan Sri Tony Fernandes said Datuk Mohd Shukrie Mohd Salleh, the former boss at Pos Malaysia Bhd , is joining the low cost airline’s logistics arm. “Great to...

UN demands halt of ‘monstrous campaign’ in Syrian town.

Syria's ally Russia has called for a UN Security Council meeting to discuss the situation in Eastern Ghouta. Meanwhile, the UN's human rights chief has condemned the violence, accusing the Syrian government of carrying o...

Turkey-backed Syrian rebels advance towards Afrin

Kurdish YPG fighters who are backed by the US are getting support from the Syrian government. But Syrian militias coming to support the YPG had to retreat after Turkish artillery prevented their advance. Al Jazeera's Osa...

Final version of Trans-Pacific trade deal released, includes Malaysia

WELLINGTON/SYDNEY: The final version of a landmark deal aimed at cutting trade barriers in some of Asia-Pacific's fastest-growing economies was released on Wednesday, signalling the pact was a step closer to reality even...

Hap Seng buys Kretam in RM1.18bil worth deal

PETALING JAYA: Hap Seng Plantations Holdings  Bhd is proposing to acquire a controlling stake in Kretam Holdings Bhd  via two corporate exercises valued at a combined RM1.18bil. Under the exercises, Hap Seng Plantat...

Stocks fall, yields and dollar rise after Fed minutes

NEW YORK: The benchmark 10-year U.S. Treasury yield hit a four-year high, the dollar rose and stocks fell on Wednesday in a rocky session after the Federal Reserve at its latest policy meeting showed more confidence in t...

Samsung Electronics to slash OLED panel production as iPhone X demand disappoints

TOKYO: Samsung Electronics Co will slash output of its organic light-emitting diode (OLED) panels in response to its customer Apple Inc's decision to cut production of iPhone X amid weak demand, the Nikkei reported on Tu...

Ringgit lower against US$ on negative global sentiments

KUALA LUMPUR: The ringgit opened lower against the US dollar early Wednesdayas investors turned risk averse to riskier currency and amid negative global equity sentiment. At 9.00 am(0100gmt), the ringgit stood at 3.9060...

Asia stocks dip, US$ recovery continues as yields rise

TOKYO: Stock markets dipped after a long winning run on Wall Street ended overnight, while the dollar gained momentum on Wednesday as yields on U.S. Treasury debt headed for highs not seen in four years. MSCI's broadest...

KLCI slips early Wednesday after weaker Wall Street

KUALA LUMPUR: Investors remained cautious early Wednesday after the weaker overnight close on Wall Street and decided to take some money off the table as they await the barrage of corporate results for the quarter ended ...

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