Top foreign and local stories at 3pm

Nexgram steadfast in acquiring TRX land: Nexgram Holdings Bhd is steadfast in its decision to acquire a parcel of land in the 1Malaysia Development Bhd’s Tun Razak Exchange (TRX), said chief executive officer Datuk Larry Tey. However, the company is still in the negotiation phase and remains cautious in terms of costs and returns for the property. “If the price tag matches our appetite, we will proceed,” he said after the company’s EGM on Wednesday. — Bernama

Malaysia's exports rise 5% in June: Malaysia’s exports in June 2015 grew 5% from a year ago to RM64.3bil, exceeding economists’ expectations for a 2.2% decline, boosted by higher exports to China, Taiwan and the United States. Compared with May, exports were up RM3.8bil, or 6.3% on a month-on-month basis, according to the Statistics Department. Malaysia’s trade surplus came in at RM8bil in June, up RM2.5bil, or 44.7%, from RM5.5bil in the previous month. It also grew 94.4% or RM3.9bil from a year ago. — StarBiz