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Short position

CHINA-MADE products have long been associated with their cheap prices and questionable quality.

Palm oil nears bear market as output goes up

KUALA LUMPUR: Palm oil, the world's most-traded vegetable oil, is poised to enter a bear market, dragged down by concerns over rising supply and lower prices of alternatives.

SEB unit gets winding-up petition

KUALA LUMPUR: Scomi Engineering Bhd’s (SEB) major subsidiary Scomi Rail Bhd has been served with a winding-up petition over a RM1.01mil claim by PSI Incontrol Sdn Bhd.

Malaysian palm oil price plunges 5.5% to 9-month low

MUMBAI: Malaysian palm oil futures fell 5.5 percent on Friday to their lowest level in nine months, following losses in rival soyoil and on sluggish export demand.

Blue chips fall early Friday as Petronas Gas, KLK and AFG slip

KUALA LUMPUR: Blue chips fell in early Friday trade, led by declines in Petronas Gas, KL Kepong and AFG while the broader market was mixed in lacklustre trade.

Tropicana 'buy', Sarawak Oil Palm 'hold', Bursa 'hold'

AFFIN Hwang Capital has kept its “buy” call on Tropicana Corp Bhd with a lower target price of RM1.73, from RM1.95 previously.

Luster signs MoU with Citi-Champ of Hong Kong

PETALING JAYA: Plastics manufacturer Luster Industries Bhd has entered into a memorandum of understanding (MoU) with Citi-Champ International Ltd in relation to the proposed disposal by Citi-Champ and acquisition by Luster of a certain percentage of Citi-Champ’s shares in New Harvest Asia Investment Ltd for a certain purchase consideration to be determined later.

DRB-Hicom explains disposal of assets worth RM818mil to Pos Malaysia

PETALING JAYA: DRB-Hicom Bhd has released its circular to shareholders in relation to the proposed disposals of certain assets to Pos Malaysia Bhd for some RM818.35mil.

Only Federal Court can decide on constitutional issues

PUTRAJAYA: Only the Federal Court is empowered to decide on legal questions relating to the constitutionality of the law, the court has ruled.

Malaysian palm oil price snaps three sessions of gains

KUALA LUMPUR: Malaysian palm oil futures fell nearly 2 percent on Tuesday and posted their first fall in four sessions, tracking losses in rival vegetable oils.