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Markets 13 Apr 2018 | 4:58 AM

KLCI sees retracement after 6-day winning streak

KUALA LUMPUR: Bursa Malaysia turned lower on Friday as investors cashed in on some of th gains made in the previous sessions ahead of the US earnings season and digested data that showd China recorded a trade deficit of nearly US$5bil in March.

Economy 13 Apr 2018 | 6:34 AM

Fiscal deficit plan unaffected by additional BR1M payout

KUALA LUMPUR: The additional 1Malaysia People’s Aid (BR1M) cash payout will not affect the government’s ambition to achieve a fiscal deficit of 2.8% in 2018.

Plantations 13 Apr 2018 | 8:18 AM

Crude palm oil tax raised to 5% for May

KUALA LUMPUR: Crude palm oil (CPO) tax for May has been raised to 5% from 0% currently.

Business 13 Apr 2018 | 9:09 AM

IEA says ‘mission accomplished’ for OPEC as oil stocks shrink

LONDON: OPEC and its allies appear to have accomplished their mission of bringing global oil stocks to desired levels, the International Energy Agency said on Friday, signalling that the markets could become too tight if supply remains restrained.

Markets 13 Apr 2018 | 9:37 AM

MISC, PChem and Astro push KLCI into the red

KUALA LUMPUR: Blue chips closed in the red on Friday, with MISC, Petronas Chemicals and Astro weighing on the FBM KLCI but the broader market displayed more resilience.

Corporate News 13 Apr 2018 | 10:50 AM

Sarawak govt ups stake in Malaysia LNG Tiga to 25%

KUCHING: The Sarawak government has, via its investment arm Sarawak State Financial Secretary (SFS), bought another 15% stake in Malaysia LNG Tiga Sdn Bhd (MLNG Tiga), increasing its shareholding to 25%.

Corporate News 13 Apr 2018 | 11:11 AM

Serba Dinamik buys 24.8% stake in SGX-listed CSE Global

KUALA LUMPUR: Serba Dinamik Holdings Bhd has agreed to acquire close to a quarter the shares in Singapore listed technology firm CSE Global Ltd for RM170.6mil, as the home-grown company seeks to expand its international reach.

Nation 13 Apr 2018 | 11:21 AM

Cops find another grave of Gang 36 murder victims

SEREMBAN: Police have found another burial ground, believed to be for at least two victims murdered by members of the notorious Gang 36.

World 13 Apr 2018 | 2:14 PM

Violence in Nigeria's swing states could cost Buhari votes

MAKURDI, Nigeria (Reuters) - Nigerian President Muhammadu Buhari's bid for re-election next year could hinge on the swing states of the country's "Middle Belt". Worryingly for him, a surge in violence there and rising food prices are chipping away at his support.

World 13 Apr 2018 | 2:14 PM

Explainer - The race for Nigeria's presidency in 2019

ABUJA (Reuters) - Nigeria's President Muhammadu Buhari announced on Monday he wants to seek another term in office in February 2019 elections. With that declaration, the race to lead Africa's largest democracy is underway. The path ahead could be tough for his All Progressives Congress (APC), the People's Democratic Party (PDP) opposition and any other party that may contest the vote.