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AmInvest Research cuts Westports net profit forecasts, retains ‘hold’

KUALA LUMPUR: AmInvestment Bank Research has cut Westports Holdings Bhd net profit forecasts by 8% and 5% for financial year 2018 and 2019 respectively and reduced its fair value by 2% to RM3.74 from RM3.82, but maintained its “hold” call.

AmInvest Research cuts Wesports net profit forecasts, retains Hold

KUALA LUMPUR: AmInvestment Bank Research cut its FY18-19F net profit forecasts by 8% and 5% respectively and reduced its fair value by 2% to RM3.74 from RM3.82 but maintained its Hold call.

More air links with China soon

PETALING JAYA: Transport Minis­ter Anthony Loke will visit Beijing next month to help increase air links between Malaysia and China.

Malaysia invites China's Cosco to set up transshipment hub

PETALING JAYA: Transport Minister Anthony Loke will pay a courtesy call to Cosco Shipping Line in China next month, in a bid to invite the shipping line to make Malaysia its transshipment hub in South-East Asia.

ZTE among China's biggest stock winners from US trade thaw

SHANGHAI: Telecom, tech, auto companies and shipping firms are among the biggest gainers in China and Hong Kong after the trade truce between Washington and Beijing.

HK stocks end higher as Mexico-US trade deal boosts sentiment

HONG KONG: Hong Kong shares ended firmer on Tuesday, tracking regional markets cautiously, as investors hope a deal between the United States and Mexico to overhaul the North American Free Trade Agreement could boost the global trade outlook.

MSCI lists 234 Chinese stocks for index inclusion in boost to capital markets

SHANGHAI: MSCI, the U.S. index publisher, said on Tuesday it will include 234 Chinese large cap stocks in its global and regional indexes on June 1, setting the stage for capital markets in the world's second-biggest economy to get a boost from a potential surge of foreign money.

Chinese shipping employee shot dead in Pakistan's city of Karachi

Karachi, Pakistan (Reuters) - A Chinese man working with a shipping company in Pakistan was shot dead on Monday in what police described as a targeted attack in Karachi, police and hospital officials said.

China unveils vision for 'Polar Silk Road' across Arctic

BEIJING (Reuters) - China on Friday outlined its ambitions to extend President Xi Jinping's signature Belt and Road Initiative to the Arctic by developing shipping lanes opened up by global warming.