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Yong Tai sales gallery for The Dawn project opens in PJ

PETALING JAYA: Tourism and cultural property developer Yong Tai Bhd has opened its sales gallery for The Dawn project, which will be part of its multi-billion ringgit development in Malacca.

Amazon faces hurdles in S’pore

SINGAPORE: As Amazon.com Inc pushes into South-East Asia with a new venture into Singapore, the online retailer is facing some tough hurdles. Shopping in air-conditioned malls is practically a national sport, and e-commerce rivals moved in long ago.

Wall St opens lower as N.Korea missile test jolts investors

NEW YORK: The Dow fell more than 100 points at the open on Tuesday as North Korea’s missile test over Japan prompted President Donald Trump to warn that ”all options are on the table”, triggering a flight to safety among investors.

Malaysian palm oil price near five-month high

KUALA LUMPUR: Malaysian palm oil futures surged to a near-five-month high in evening trade on Monday, supported by forecasts of slower than expected output growth and technical buying despite weaker export data from cargo surveyors.

Funds hunt for yield in emerging-market bonds including M'sia

PETALING JAYA: The hunt for yield will ensure foreign interest in emerging-market bonds, including Malaysian debt securities. Bond analysts said demand for Malaysian bonds can sustain given the improving economic fundamentals, stable interest-rate environment and rising foreign reserves.

After 17 years, S&P tech index breaks record

SAN FRANCISCO: It took 17 years, but the S&P 500 information technology index has finally recovered from the implosion of the dot-com bubble

Yong Tai to unveil condotel The Dawn in Melaka on July 21

KUALA LUMPUR: Yong Tai Bhd will unveil its latest property development in Melaka – The Dawn – a condominium-hotel with a gross development value of RM343mil on July 21 to 23.

MRCB proposes to buy KL land for RM335mil

PETALING JAYA: Malaysian Resources Corp Bhd (MRCB)’s wholly-owned subsidiary MRCB Land Sdn Bhd has proposed to acquire three parcels of land in Kuala Lumpur for a total cash consideration of RM335.5mil.

MRCB’s subsidiary to buy KL land for RM333.5mil

KUALA LUMPUR: Malaysian Resources Corp Bhd’s (MRCB) indirect subsidiary Metro Spectacular Sdn Bhd is acquiring three parcels of land in the Jalan Putra area of Kuala Lumpur for RM335.5mil in cash.

KLCI dips at midday as Genting stocks slip, ringgit weakens

KUALA LUMPUR: Blue chips capped off the morning session on Wednesday on a softer note as Genting Bhd and Genting Malaysia slipped on mild profit taking, oil prices fell and the ringgit dipped against key currencies.