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Corporate News 10 Dec 2018 | 12:12 AM

CIMB Research retains Kawan Food target price of RM3.02

KUALA LUMPUR: CIMB Equities Research is maintaining its forecasts and target price of RM3.02 for Kawan Food, which is 59.8% above the last traded price of RM1.89.

Economy 10 Dec 2018 | 12:00 AM

Switzerland plays for time in stock market standoff with EU

ZURICH: In its game of brinkmanship with the European Union (EU), Switzerland is playing for time.

Forex 10 Dec 2018 | 12:00 AM

Licking their wounds, fund managers gear for rally in 2019

NEW YORK: With bond and equity markets from the United States to emerging markets all on pace to lose money this year, investors have not seen this much red on their screens since 1972, the last time no asset class returned at least 5%.

Nation 10 Dec 2018 | 12:00 AM

Indian national on Interpol’s Red Notice is ‘money man’

PETALING JAYA: A suspect, who is the subject of Malaysia’s first Interpol’s Red Notice for wildlife crime, was the “money man” behind a consignment of over 1,000 Indian star tortoises worth RM600,000 seized by Perhilitan in July 2016.

Corporate News 10 Dec 2018 | 12:00 AM

Mixed view on earnings outlook of Sapura Energy

PETALING JAYA: Analysts are divided over Sapura Energy Bhd’s earnings outlook.

Markets 10 Dec 2018 | 12:00 AM

All eyes on Felda, LTH-linked stocks

Investors’ attention likely to switch to stocks owned by the government entities as the appalling state of investments in these entities are uncovered

Nation 10 Dec 2018 | 12:00 AM

M’sia, S’pore urged to settle spat as ‘a lot depends on ties’

PETALING JAYA: Malaysians and businesses in the country want the current maritime and airspace boundary dispute between Malay-sia and Singapore to be resolved amicably as soon as possible as a lot is riding on the relationship.

Markets 09 Dec 2018 | 11:14 PM

Hong Kong on track for global IPO crown but many new listings sag

HONG KONG: Hong Kong is on course to take the global IPO crown this year for the most money raised in stock market flotations, narrowly ahead of arch-rival New York, but its new listings have posted the worst performance among leading bourses, data show.

Markets 09 Dec 2018 | 11:07 PM

Hong Kong, China bourses reach deal on dual-class shares

HONG KONG: The Hong Kong stock exchange said on Sunday it had reached a consensus with its counterparts in Shanghai and Shenzhen on trading by mainland investors in Hong Kong-listed companies with dual voting rights.

World 09 Dec 2018 | 6:53 PM

Italy's League leader faces friendly fire over budget

ROME/PADUA (Reuters) - Italy's deputy prime minister, Matteo Salvini, normally relishes confrontation, but now the firebrand populist is under attack from a place he calls home.