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Palm oil production falls, exports plunge in May

KUALA LUMPUR: Affin Hwang Capital Research maintained its neutral rating on the plantation sector following the sector's first on-year crude palm oil production decline since June 2017.

Singapore Inc’s overpriced ticket to Hainan

IS there any valuation at which Temasek Holdings Pte could buy into Hainan Airlines Holding Co at a decent price? Considering the indebtedness of China’s most highly rated carrier, it’s hard to think of one.

Mercari prices IPO top of range

Valuation set to make founder a billionaire

Swire in second attempt to take Haeco private

HONG KONG: Swire Pacific Ltd is making a second attempt to take maintenance unit Hong Kong Aircraft Engineering Co Ltd (Haeco) private, offering minority investors a 64% premium to its last closing price in a US$380mil deal.

Mars Petcare to buy European vet business AniCura

LONDON: Mars Petcare is to buy European animal hospital operator AniCura, its second such deal this month, as the world’s largest pet food maker expands its veterinary business amid a boom in pet-related spending.

Musk challengers become billionaires

TOKYO: The Chinese founder of the world’s biggest maker of electric-vehicle batteries and his top lieutenant became billionaires after their company’s shares soared during the first day of trading in Shenzhen.

HSBC to invest US$17bil by 2020 in push for growth

LONDON: HSBC will invest US$15bil to US$17bil in the next three years in areas including technology and China as it swings from a strategy of cost-cutting to growth, new CEO John Flint says, while keeping profitability and dividend targets little changed.

Do we need a new national car plan ask wary analysts

They call for feasibility study on the need for such a costly project

LNG trade grows 10% in 2017 as Malaysia, US, Australia, others boost exports

Global liquefied natural gas (LNG) trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information Administration (EIA) said on Monday. The world's first floating liquefaction plant, Malaysia's 0.2-bcfd PFLNG Satu, was also commissioned in 2017, EIA said.

Najib’s claim of China to import US$2 trillion goods - untrue

KUALA LUMPUR: Finance Minister Lim Guan Eng today hit back at ex-Prime Minister Datuk Seri Najib Tun Razak’s claims that China had committed to import goods worth US$2 trillion as part of the two pipeline agreements worth RM9.4bil as there was nothing of that sort documented.