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KUALA LUMPUR: The FBM KLCI slid for a second consecutive day, weighed down by profit-taking in Nestle and Hong Leong Bank.
AS we enter the final paces of the first quarter of 2018, international crude prices seem to be trading firmly above US$60 per barrel, although they have taken a dive from the multi-year highs seen just a couple of months ago.
PETALING JAYA: Fundraising through Malaysia's capital market is expected to reach RM120bil this year, down from RM146.6bil in 2017, which was an exceptional year for the country's capital market.
SHANGHAI: China home sales growth slowed in the first two months of this year, amid an almost two-year government campaign to cool the property market.
HONG KONG: Noble Group Ltd has signed an agreement with a group of senior creditors to reorganise about US$3.5bil of debt, marking further progress in a deal that will halve the company’s debt and give creditors control of the embattled commodity trader.
BEIJING: China slapped a company with fines totaling 5.5 billion yuan (US$870mil) for manipulating the stock market, the biggest ever punishment for such an infringement.