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ASEAN+

China's president launches Hong Kong-mainland mega bridge

Zhuhai (China) (AFP) - China's President Xi Jinping launched the world's longest sea bridge connecting Hong Kong, Macau and mainland China Tuesday at a time when Beijing is tightening its grip on its semi-autonomous territories.

World

Exclusive - Italian ship agents consider lawsuit after bridge collapse

GENOA, Italy (Reuters) - Italian shipping agents who say their business has been affected by a deadly bridge collapse in Genoa are taking legal advice and considering whether to sue toll-road operator Atlantia if the group is found responsible.

Business

CIMB Research cautious on construction after MRT 2 review

KUALA LUMPUR: CIMB Equities Research is retaining its underweight recommendation on the construction sector on news the Ministry of Finance would terminate MRT 2’s underground contract, replacing it with an international tender.

Stock on the Move

Pestech moves higher on Gemas-JB double track project win

KUALA LUMPUR: Pestech International Bhd is seeing positive price action, rising as much as 10 sen or 6.9% to RM1.55 in early morning trade.

World

Italy publishes report blaming Autostrade for failings in bridge collapse

ROME (Reuters) - Italy published a report on Tuesday into road operator Autostrade per l'Italia's role in last month's deadly bridge collapse, laying out evidence that Rome is expected to use to strip the company of its concessions to run Italian motorways.

World

Genoa bridge reconstruction to cost 150-200 million euros, official says

CERNOBBIO, Italy (Reuters) - Rebuilding Genoa's collapsed motorway bridge will cost 150 to 200 million euros (£134 million - £179 million), a local authority official said on Sunday.

World

Italy talks of big deficit amid weak economic data

ROME/MARINA DI PIETRASANTA, Italy (Reuters) - Italy's populist government could break European Union fiscal rules next year with a big-spending budget, a cabinet official said on Friday, despite Brussels calling for a "prudent" spending plan and new data showing feeble economic growth.

World

Senior Italian official casts doubt over nationalising Autostrade

MARINA DI PIETRASANTA, Italy (Reuters) - A top Italian official raised doubts on Friday over the idea of nationalising Autostrade per l'Italia following a deadly bridge collapse, saying the other option was to launch a European tender for the toll-road company's concessions.

World

Italy may reallocate Autostrade concession in tender - cabinet official

MARINA DI PIETRASANTA, Italy (Reuters) - The Italian government could strip a national concession from the country's biggest toll-road operator, Autostrade, after this month's deadly bridge collapse and reallocate a revised version of it in a European tender, a senior official said on Friday.

Letters

Right move to cancel ECRL

From WONG EE LYNN, Coordinator, Malaysian Nature Society.