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WITH the market going into a corrective mode following rising uncertainties due to the US-China trade war, flight to safety has indeed been the theme since the beginning of the month as we saw global bond yields falling to levels depicting crisis like environment as central banks race to the bottom in cutting rates.
NAIROBI (Reuters) - A sea of crumpled bottles spills across the courtyard of Lucy Luo Minghui's new $44 million plastic recycling factory in Nairobi, where plastic waste litters roadsides and clogs rivers. Yet, she can't get enough to sustain her business.
PETALING JAYA: The move by the Singapore Exchange (SGX) to allow independent shareholders, including minority ones, a better exit value is worth considering in the context of Malaysian delisting rules, according to the Minority Shareholders Watch Group (MSWG).
KUALA LUMPUR: Bursa Malaysia ended down on Tuesday as investors fretted over slower growth in China and the corporate earnings in the US to gauge the health of the world’s biggest economy.
THE first-half of the year has been eventful, to say the least. With external pressures from an ongoing trade war between the United States and China influencing equities throughout the world, many markets felt the brunt of uncertainty.
PETALING JAYA: The Cement and Concrete Association of Malaysia (C&CA) has defended the recent proposal by cement manufacturers in Malaysia to raise cement prices, pointing out that the move is necessary to keep the companies afloat operationally.
KUALA LUMPUR: Cement price, which has been on the decline since 2016, is not the cause of the rising home prices over the period, the Cement and Concrete Association of Malaysia said on Thursday.
PETALING JAYA: Following a meeting with the Domestic Trade and Consumer Affairs Ministry, industry players have agreed to not increase cement prices.
PETALING JAYA: The Pakatan Harapan government should be blamed if it is unable to do anything about the big jump in the prices of ready-mix concrete, says Datuk Seri Dr Wee Ka Siong.
KUALA LUMPUR: UOB Kay Hian Malaysia Research has cautioned investors the surge in share prices of cement companies amid speculation of cement prices rising by up to RM80 a tonne (40%) as “unwarranted”.