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Diary Malaysia Tuesday May 2

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

Foreign net buying on Bursa stretches for 12 consecutive weeks

KUALA LUMPUR: There was an influx of foreign liquidity into Bursa last week despite it being a 4-day trading week, according to MIDF Research.

Nintendo revamps 3DS with new 2DS XL

The Nintendo Switch may be the latest in portable console tech, but the company isn't giving up on the cherished 3DS line, announcing a new US$149 (RM645) revision called the 2DS XL and set for a July retail debut in North America and Japan.

Digi’s results below expectations

KUALA LUMPUR: Affin Hwang Capital Research has trimmed Digi.Com Bhd’s earnings per share (EPS) by 5-6% for 2017-2019E following its latest quarterly results that came in slightly below expectations.

Australia's RBA holds rates at 1.5%, worried about wages

SYDNEY: Australia's central bank held rates steady for a ninth straight month on Tuesday in a widely expected decision as it sought to balance the risk of busting a debt-fuelled property bubble against subdued inflation and wages growth.

China April factory growth slows to weakest in 7 months

BEIJING: China's factory sector lost momentum in April, with growth slowing to its weakest pace in seven months as domestic and export demand faltered and commodity prices fell, a private survey showed on Tuesday.

Huawei under fire over phone chips as tight supply bites

Chinese smartphone maker Huawei Technologies has come under fire from users for cutting corners, after it said it used a mix of less advanced and powerful chips in its flagship P10 model due to tight supplies of the parts.

Singapore Airlines may land unusual net-debt spot as soon as 2018

SINGAPORE: A record plane-buying spree is poised to land Singapore Airlines Ltd in an unfamiliar territory.

GHL Systems shareholders told to reject Actis’ takeover offer

KUALA LUMPUR: AmInvestment Bank Bhd has urged GHL Systems Bhd’s shareholders to reject London-based private equity fund Actis’ takeover offer for the payment services provider’s shares at RM1 each, calling the offer “not fair and not reasonable.”

Risda aims to export to China; its chairman to meet Jack Ma

SHAH ALAM: The Rubber Industry Smallholders Development Authority (Risda) targets to market food products such as biscuits and chocolates by its smallholders or entrepreneurs to the supermarket chain in China by July this year.