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Business

Trading ideas: Sapura Energy, LKL, Cypark, FGV, MMC

KUALA LUMPUR: Sapura Energy Bhd, LKL International Bhd, Cypark Resources Bhd, FGV Holdings Bhd and MMC Corp Bhd are among the stocks to watch, according to JF Apex Research.

Nation

Forbes: ECRL cost-savings saves Malaysia from China's debt trap

PETALING JAYA: Malaysia's success in renegotiating the East Coast Rail Link (ECRL) project with China is significant as it saves Malaysia from the debt trap that Sri Lanka fell into, Forbes writes.

Business

Ringgit sentiment lifted on ECRL revival

KUALA LUMPUR: The ringgit was higher against the US dollar in early trading today on better demand as market sentiment towards the ringgit was lifted by news on the revival of the East Coast Rail Link (ECRL) project.

Business

Quick take: Eduspec shares jump 50%; trading volume surges

KUALA LUMPUR: Eduspec Holdings Bhd saw its shares surged in early trade Monday, but it wasn’t clear what drove the sudden rush.

Business

Quick take: Sapura Energy’s share price falls despite contract win

KUALA LUMPUR: Sapura Energy Bhd’s share price was lower this morning despite clinching RM1.3bil worth of new jobs.

Business

Public Bank, HL Bank underpin KLCI’s advance

KUALA LUMPUR: Fund buying of Public Bank and Hong Leong Bank underpinned the FBM KLCI’s advance in early Monday trade, taking its cue from the firmer key Asian markets.

Business

ECRL revival bodes well for local construction sector

KUALA LUMPUR: There is expected to be more local participation in the revived East Coast Rail LInk project from the supply of material to awarding work to local beneficiaries, says Affin Hwang Capital research.

Business

RHB maintains Buy on Bursa, lowers TP to RM7.50

KUALA LUMPUR: RHB research has lowered its 2019 net profit forecast for Bursa Malaysia Bhd by 9% to RM233mil from RM255mil due to its lower 2019F securities average daily value (SADV) assumption.

Nation

Two men killed by train after trespassing on rail lines

KUALA LUMPUR (Bernama): Two men were killed after being hit by a KTM Komuter train on the Sungai Buloh-Kepong route here at about 6pm Sunday (April 14).

Business

Businesses can reach 179 million active buyers on eBay

KUALA LUMPUR: Malaysian businesses will be able to reach 179 million active buyers worldwide by listing their products on eBay’s global marketplace.