T7 Global secures one-year contract extension from Petronas 

KUALA LUMPUR: T7 Global Bhd said its contract with Petroliam Nasional Bhd to provide splash zone structural repairs and maintenance has been extended by another one year.

SPACs see Asia as next hunting ground for takeover targets

HONG KONG: The blank-cheque company craze that’s taken Wall Street by storm is now spreading to Asia.

SoftBank Group plans to sell first bond in more than a year

TOKYO: SoftBank Group Corp plans to sell its first bond in more than a year, joining a rush by issuers globally to tap credit markets while borrowing costs are low.

KLCI extends fall as short-selling pressures continue

KUALA LUMPUR: Bursa Malaysia continued its fall amid the selling pressure triggered by the uplifting of the suspension on regulated short-selling yesterday.

BoJ’s local bank aid makes rates harder to cut, says ex-official

TOKYO: The Bank of Japan (BoJ) is now even more unlikely to lower its negative interest rate following a move to cushion its impact on regional banks, according to a former BoJ official.

China’s economic recovery powers ahead

The country’s PMI continues to expand

Retail investors make a comeback

As local interest picks up, foreign selling is also increasing

Political uncertainties weigh on Bursa

KUALA LUMPUR: Bursa Malaysia lost all its previous day's gains as political uncertainty on the domestic front raised anxieties amid already weakened market sentiment.

Quick take: Sapura Energy shares fall as Shahril steps down

KUALA LUMPUR: Shares in Sapura Energy Bhd fell in early trade Tuesday following its president and chief executive officer (CEO) Tan Sri Shahril Shamsuddin surprising retirement plan.

Shahril to retire from Sapura in March, Anuar is CEO designate