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Markets

KLCI gives up more than Monday’s gains

KUALA LUMPUR: It was a disappointing start for Bursa Malaysia on Tuesday as the FBM KLCI gave up more than the previous day’s gains with plantations, banks, IHH Healthcare and Tenaga Nasional among the losers.

World

China's state council appoints new police chief in Hong Kong

SHANGHAI (Reuters) - China's state council, or cabinet, has appointed Tang Ping-keung, also known as Chris Tang, as the new police chief of Hong Kong, state news agency Xinhua said.

World

China says Hong Kong courts have no power to rule on face mask ban

SHANGHAI (Reuters) - China’s top legislature said Hong Kong courts have no power to rule on the constitutionality of legislation under the city's Basic Law, which includes a proposed ban on face masks, state news agency Xinhua reported on Tuesday.

Tech News

New ‘Star Wars’ title from EA set to be big draw this holiday season

Electronic Arts Inc launched Star Wars Jedi: Fallen Order on Nov 15, garnering strong reviews for its flagship action-adventure series that is crucial to its holiday sales, after the videogame publisher shelved NBA Live game.

Nation

Several MPs meet at Azmin's residence

PUTRAJAYA (Bernama): Several Members of Parliament (MPs) gathered at the official residence of Economic Affairs Minister Datuk Seri Azmin Ali in Precinct 10, here Monday (Nov 18) night.

Nation

Lokman: Take action against Hisham over betrayal, Dr M middleman role

KUALA LUMPUR: The Umno disciplinary board should take action against its former vice-president Datuk Seri Hishammuddin Hussein for his involvement in influencing party leaders to support the leadership of Tun Dr Mahathir Mohamad, says Datuk Lokman Noor Adam.

World

Sermons with saline - Hong Kong pastor offers protesters aid, prayers

HONG KONG (Reuters) - Wearing cross and clerical collar, Hong Kong pastor Alan Keung says he brings God's love to the masses in a different way these days, using saline to wash away tear gas fired at crowds of protesters on tumultuous streets, or helping injured police.

Tech News

Facial recognition makes subtle advance in Britain

The experiment was conducted discreetly. Between 2016 and 2018, two surveillance cameras were installed in the Kings Cross area of London to analyse and track passers-by using facial recognition technology.

Economy

China private firms shun US as investment, IPO destination, survey shows

SHANGHAI: Chinese private firms are shunning the United States in their overseas expansion, and generally prefer a home listing to a U.S. initial public offering (IPO), a private survey showed on Tuesday, highlighting the trade war's impact on executive decision-making.

Analyst Reports

Syarikat Takaful earnings growth to moderate

KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd (STMK) remains the preferred sector pick of Affin Hwang Capital research despite a more modest earnings growth outlook in 2020 and 2021.

World

North Korea's Kim pushes economic plan with fisheries visit as officials berate United States

SEOUL (Reuters) - North Korean state media published detailed reports on Tuesday of a visit by leader Kim Jong Un to two fisheries, underscoring his drive to build economic independence as negotiations with the United States to lift punishing sanctions soured.

Analyst Reports

AmInvest Research retains Hold for IHH Healthcare

KUALA LUMPUR: AmInvestment Research is maintaining its HOLD recommendation on IHH Healthcare with an unchanged fair value of RM5.50 based on discounted cashflow (WACC 8.3%; terminal growth rate 3.5%).

Nation

MCA senator Ong Chong Swen dies

PETALING JAYA: MCA senator Datuk Ong Chong Swen has passed away at the age of 69.

Tech News

Apple bans vaping apps from App Store

Apple on Nov 15 said it is banning vaping-related apps from its App Store due to concerns that e-cigarette use can damage lungs or even kill people.

Cryptocurrency

Bitcoin tests US$8,000 level as sell-off spills into third week

NEW YORK: As Bitcoin’s recent sell-off accelerates, some technical indicators are pointing to further pain ahead.

Education

Accelerate your certification journey

IN the accounting, banking and finance industry, having the right qualifications can take you places in terms of job prospects and diversity of projects. It helps you to get a foot in the door for bigger, more attractive opportunities. Whether you have just graduated with a degree or you are planning to take a year off work to upskill or earn a professional qualification in this field, there is a certification to fit your needs.

Aviation

Qantas Airways sets US$1.36b annual spending target

SYDNEY: Qantas Airways Ltd is targeting annual spending of about A$2 billion ($1.36 billion) and expects capacity growth to be little changed in the second half of fiscal 2020, the airline said in a presentation on Tuesday.

World

Sydneysiders urged to stay indoors as Australian bushfire smoke blankets city

SYDNEY (Reuters) - Strong winds stoked more than 100 fires across Australia's east coast on Tuesday, blanketing Sydney in hazardous smoke and prompting health warnings for the country's most populous city.

Nation

Toll abolishment a contradiction in policy, experts say | R.AGE Newsflash

The government’s intent to replace the toll system with a congestion charge system on its four recently-acquired highways is a contradiction in policy, experts say.

Tech News

Xbox Game Pass to add The Witcher 3, MS Flight Sim, Final Fantasy and Yakuza games, more

As with many of Xbox's public appearances over the last few years, its X019 showcase served as an opportunity to press home the broad appeal of subscription service Xbox Game Pass.