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Markets

Sime Plantation pushes KLCI into red at start of 2018

KUALA LUMPUR: Profit taking on Sime Plantation, Digi and Maybank saw the FBM KLCI closing the first trading day of 2018, in the red on aggressive profit taking after last Friday's window dressing.

TECH

China’s WeChat denies storing user chats

Tencent Holdings' WeChat, China's most popular messenger app, on Jan 2 denied storing users' chat histories, after a top businessman was quoted in media reports as saying he believed Tencent was monitoring everyone's account.

Markets

Hong Kong stocks rise the most in 3 months to 10-year high

HONG KONG: Hong Kong stocks rose the most in three months to a decade-high on Tuesday, led by mainland companies listed in the city, after Beijing kicked off H-share convertibility reform.

Cryptocurrency

Bitcoin starts 2018 by declining, first time since 2015

LOS ANGELES: Bitcoin is already having a bad year.

Business

China factory momentum remains intact amid smog and debt curbs

SHANGHAI: China’s official factory gauge maintained momentum, signalling campaigns to reduce both pollution and debt risk haven’t curbed output.

Badminton

BAM president wants shuttlers to make 2018 a glorious year

PETALING JAYA: Let’s make it the best year for badminton. That’s Badminton Association of Malaysia (BAM) president Datuk Seri Norza Zakaria’s new-year message to the national shuttlers as they face several major tournaments this year.

Basketball

Teo out to prove he can be Dragons’ local asset

PETALING JAYA: Gone are the days when the teams in the Asean Basketball League (ABL) rely heavily on their imports.

World

After tough year, Hong Kong democracy protesters sound warning to China on New Year's day

HONG KONG (Reuters) - After a year that saw democracy advocates in Hong Kong jailed and ousted from public office, thousands marched through the streets of Hong Kong on New Year's Day to warn China not to meddle further in the city's affairs and undermine its autonomy.

AseanPlus News

It’s a boy! Hong Kong welcomes first baby of 2018 after just 8 seconds – quickly followed by ‘beautiful gems’ girl and three others

Birth in the new year surprised proud parents because the due date was December 30

Business

Chinese investments in Malaysia likely to diversify into more sectors in 2018

PETALING JAYA: The flow of investment from China into Malaysia is likely to diversify into more sectors compared to the current emphasis on infrastructure and property development projects, economists said.