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Business 29 Jun 2019 | 12:00 AM

Overhang value exceeded 600% over five years

OF late, there have been calls from different quarters appealing to the government to reduce the pricing threshold of properties that foreigners are allowed to buy.

Business 29 Jun 2019 | 12:00 AM

Penang property market seen to be challenging in medium term

THE Penang property market, over the short to medium term, is expected to be challenging as a result of strong incoming supply of new units.

Business 29 Jun 2019 | 12:00 AM

Treasury Pulse

Global Forex Market

Business 28 Jun 2019 | 11:36 PM

Higher Asian prices, European gas stocks trigger LNG flow reshuffle

LONDON: Aian liquefied natural gas (LNG) prices rose this week on some demand for summer cargoes, while European prices continued to drop, with an increased price spread between the two regions triggering interest in sending some Atlantic cargoes to Asia Pacific.

Business 28 Jun 2019 | 11:05 PM

Oil prices fall, but post weekly gain ahead of G20 talks, Opec

NEW YORK: Oil prices fell on Friday but posted their second straight week of gains ahead of trade talks between the U.S. and Chinese presidents this weekend, and on widely expected production cuts from Opec on Monday.

Business 28 Jun 2019 | 10:55 PM

Wall St. wraps up its best June in decades as G20 convenes, global stocks climb

NEW YORK: Wall Street advanced in heavy trading on Friday, with the S&P 500 and the Dow closing the book on their best June in generations, ahead of much-anticipated trade talks between U.S. President Donald Trump and Chinese counterpart Xi Jinping at the G20 summit now underway in Japan.

World 28 Jun 2019 | 8:11 PM

Special Report: Why the military still stands by Venezuela's beleaguered president

CARACAS (Reuters) - One of the central mysteries of Venezuela's slow-motion collapse: Why does the military continue to support Nicolas Maduro, the president who has led the once-prosperous South American country into poverty and chaos?

Nation 28 Jun 2019 | 1:48 PM

Fama chief: Selling durians by weight is the norm today

KUALA LUMPUR (Bernama): Durian lovers should not boycott traders who sell durians by weight as the marketing system has changed and proven to be fair, says Federal Agriculture Marketing Authority (Fama) director-general Datuk Ahmad Ishak.

World 28 Jun 2019 | 9:03 AM

As Chinese mountains get hotter, hunt for 'cure-all' fungus gets harder

AMNE MACHIN RANGE, China (Reuters) - For Ma Junxiao, an ethnic Hui Muslim farmer from remote western China, the daily climb up sheer mountain slopes to look for a tiny fungus is vital to his family's subsistence.

Nation 28 Jun 2019 | 9:00 AM

Weekly fuel prices: RON97 up 11 sen, RON95 and diesel unchanged

PETALING JAYA: The price of RON97 will increase by 11 sen per litre, while RON95 and diesel prices remain the same for the week, starting Saturday (June 29).