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Nor Shamsiah appointed new Bank Negara Governor

KUALA LUMPUR: Datuk Nor Shamsiah Mohd Yunus, who led the investigation into the trail of money that flowed out of 1Malaysia Development Bhd (1MDB), has been appointed as the new Bank Negara Malaysia Governor, Bloomberg reported.

File pic of former Bank Negara Gover Tan Sri Dr Zeti Akhtar Aziz and Datuk Nor Shamsiah Mohd Yunus

KLCI continues to lose ground, Sapura Energy most active

KUALA LUMPUR: Blue chips continued to lose ground early Friday, tracking the cautious key Asian markets on the US-China trade war worries while a bright spot was Sapura Energy which rose in active trade after bagging RM1.8bil in contracts.

Trading ideas: Berjaya Food, Sapura Energy

KUALA LUMPUR: Berjaya Food Bhd and Sapura Energy Bhd are among the stocks to watch on Friday following their latest news, according to JF Apex Research.

Wahid may quit as PNB chairman in July

KUALA LUMPUR: Tan Sri Abdul Wahid Omar is negotiating exit terms and is expected to resign as chairman of Permodalan Nasional Bhd as early as July.

Tan Sri Abdul Wahid Omar is negotiating exit terms and is expected to resign as chairman of Permodalan Nasional Bhd as early as July.

MyEG most active counter in early trade

KUALA LUMPUR: MyEG Services Bhd is the most active stock traded in early trade Thursday following news that its associate seeks to be payment processor in the Philippines.

Dr M: Nothing to fear from China but lopsided deals must end

MALAYSIAN Prime Minister ­Tun Dr Mahathir Mohamad wants to strengthen “good relations” with Beijing, but is urging Chinese ­investors to refrain from relying only on material, capital and ­labour from back home and ­denying his country any real benefits.

On his meeting with Ma, co-founder of Alibaba, which owns the Post, Mahathir said the Chinese tycoon had spoken of the kind of investments that would get his approval.

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