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Corporate News

Affin Hwang AM's China Tracker Fund ETF lists on Bursa

KUALA LUMPUR: Affin Hwang Asset Management Bhd's (Affin Hwang AM) TradePlus S&P New China Tracker was listed on the Main Market of Bursa Malaysia on Monday.

Corporate News

AirAsia Group records 14% increase in passengers in 2018

KUALA LUMPUR: AirAsia Group Bhd recorded a 14% increase in passengers carried in 2018 to 44.43 million from 39.09 million in 2017, according to the low-cost carrier group.

Markets

KLCI struggles to make headway, Suiwah rallies 22%

KUALA LUMPUR: The FBM KLCI failed to hold on to early gains, slipping 2.32 points by the end of the morning session to 1,698.71.

AseanPlus News

Chinese rights lawyer jailed for 'subversion'

Beijing (AFP) - Prominent Chinese human rights lawyer Wang Quanzhang was sentenced on Monday to four and a half years in prison for state subversion, sealing the fate of another attorney swept up in a 2015 crackdown.

Business

Aramco's US$1.6b Hyundai stake deepens refiner ties in Asia

SINGAPORE: Saudi Arabian Oil Co. is buying up to 19.9 percent of South Korean oil refiner Hyundai Oilbank Co. for 1.8 trillion won (US$1.6 billion), tightening the OPEC behemoth’s grip in the world’s biggest crude consuming region.

Markets

Oil prices fall on rising US rig count, economic slowdown

SINGAPORE: Oil prices fell on Monday after U.S. energy firms added rigs for the first time this year in a sign that crude production there will rise further.

Markets

Malaysian palm oil/Vegoils: Market factors to watch Monday Jan 28

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets .on Monday Jan 28.

Markets

Stocks rise after US government reopens for now

TOKYO: Asian stocks advanced on Monday as Wall Street rallied after a deal was announced to reopen the U.S. government following a prolonged shutdown that had shaken investor sentiment.

Economy

WTO likely to launch probe into Trump's China tariffs

TENSIONS between the US and China are about to get more complicated, with the World Trade Organization poised to begin an investigation into President Donald Trump’s tariffs on $250 billion of Chinese goods.

Economy Premium

Manufacturers take a sales hit in China

US factories face weaker global trade as China’s economy slows to its lowest growth rate since 1990