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Bursa sees choppy early morning trade

KUALA LUMPUR: Bursa Malaysia started on uneven footing on Monday as key markets in the region remained shuttered for national holidays.

Trading ideas: MNRB, NTPM, KESM, Utusan Melayu

KUALA LUMPUR: MNRB Holdings Bhd, NTPM Holdings Bhd, KESM Industries Bhd and Utusan Melayu (Malaysia) Bhd are among the stocks to watch on Monday, according to JF Apex Research.

Yen climbs as China halts trade talks with U.S.; oil rallies

SYDNEY: The safe haven yen gained on Monday in holiday-thinned trading as China cancelled upcoming tariff talks with the United States, ratcheting up tensions while oil prices jumped after top producers including Russia ruled out boosting crude output.

Investors were squarely focussed on the Sino-U.S. trade war as China added $60 billion of U.S. products to its import tariff list, retaliating against duties on $200 billion of Chinese imports that come into effect on Monday.

OPEC, Russia rebuff Trump's call for immediate boost to oil output

ALGIERS: OPEC's leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump's calls for action to cool the market.

Saudi Arabian Energy Minister Khalid al-Falih talks to reporters at the OPEC Ministerial Monitoring Committee in Algiers, Algeria September 23, 2018. - Reuters

A brilliant rebound

AROUND 12 years ago, Datuk Joseph Lim Heng Ee had the biggest setback in his career as an entrepreneur. Due to a lack of trust over how the company’s funds were managed, Lim was forced out from a biomass business he co-founded with two other partners.

New revenue stream: GGS has obtained four licences for biomass-to-energy and biogas-to-energy projects.