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Economy 23 Jan 2019 | 8:41 AM

Malaysia on right track to restoring fiscal position after 1MDB

KUALA LUMPUR: The country is progressing on the right track towards restoring its fiscal position within three years after being damaged by the 1Malaysia Development Bhd (1MDB) scandal, says Finance Minister Lim Guan Eng.

Markets 23 Jan 2019 | 7:29 AM

Mobile solutions firm MCOM seeks LEAP listing in 2019

KUALA LUMPUR: Digital marketing solutions provider MCOM Holdings Bhd is planning a listing on the LEAP Market of Bursa Malaysia this year.

Auto 23 Jan 2019 | 6:42 AM

Perodua targets 4% sales growth in 2019

KUALA LUMPUR: Perodua is targeting a sales performance of 231,000 units in 2019, 4% over its record performance of 227,243 units last year.

Economy 23 Jan 2019 | 5:55 AM

China says will step up fiscal spending this year to support economy

BEIJING: China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said on Wednesday.

Corporate News 23 Jan 2019 | 5:47 AM

F&N allocates RM30m capex for new products, innovation

KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&N) has allocated RM30mil in capital expenditure for the financial year ending Sept 30, 2019.

Commodities 23 Jan 2019 | 2:32 AM

Chinese steel, iron ore slide as economic concerns persist

BEIJING: China's steel and iron ore futures dipped on Wednesday following a broader sell-off across riskier assets, pressured by persistent concerns over weak demand amid a slowing global economy

Markets 23 Jan 2019 | 1:47 AM

Wall St slide sends KLCI lower, Public Bank, Genting weigh

KUALA LUMPUR: Blue chips fell sharply in early Wednesday trade, with profit taking seen in Public Bank and Genting Bhd, as investors took money off the table following the overnight slide on Wall Street.

Forex 23 Jan 2019 | 1:44 AM

Ringgit declines against US$ on weak oil prices

KUALA LUMPUR: The ringgit was lower against the US dollar in early session Wednesday as buying sentiment for the local note was hampered by weaker global oil price.

Markets 23 Jan 2019 | 1:24 AM

Asian shares dip, worries over growth and trade sour mood

TOKYO: Asian stocks edged down on Wednesday on mounting signs of slowing global growth and anxiety over a yet-unresolved Sino-U.S. trade dispute.

Analyst Reports 23 Jan 2019 | 1:12 AM

Trading ideas:Sapura Energy, Sasbadi, Kelington, Bina Puri, HeiTech Padu, K-One Technology and Axis REIT

KUALA LUMPUR: Stocks to watch for on Wednesday include Sapura Energy, Sasbadi, Kelington, Bina Puri, HeiTech Padi, K-One Technology and Axis REIT, according to JF Apex research.