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Business 29 Jul 2019 | 10:41 AM

KLCI closes off day's low but banks under pressure

KUALA LUMPUR: Late buying enabled the FBM KLCI to close Monday off the day's low but the market was under pressure due to fund selling of bank stocks and profit taking of Genting and Genting Malaysia.

Business 29 Jul 2019 | 4:56 AM

KLCI extends decline ahead of Fed cut, trade talks

KUALA LUMPUR: The FBM KLCI extended its decline by 5.62 points in the early session to 1,642.34 as markets awaited the US rate cut decision later this week.

Business 29 Jul 2019 | 4:45 AM

Aussie, kiwi dollars languish as bonds hit all-time highs

SYDNEY/WELLINGTON: The Australian and New Zealand dollars wallowed near recent lows on Monday while bonds climbed to all-time highs on expectations interest rates will stay lower for longer in both countries as policymakers look to revive growth and inflation.

Business 29 Jul 2019 | 4:29 AM

China's economy weakened in July, early indicators show

BEIJING: China’s economy continued to weaken in July, bolstering the case for greater policy support to shore up growth as talks over the trade dispute with the US continue.

Business 29 Jul 2019 | 1:39 AM

Asian shares guarded as investors count down to Fed

SYDNEY: Asian shares got off to a cautious start on Monday as markets count down to a likely cut in U.S. interest rates this week with much riding on whether or not the Federal Reserve signals yet more are in the pipeline.2019-07-29 01:43:43.060

Business 29 Jul 2019 | 1:33 AM

Oil price falls after 'constructive' talks on Iran's nuclear deal

TOKYO: Oil prices fell on Monday after Iran described emergency talks on a multi-party nuclear agreement with a group of signatories as "constructive", suggesting an easing of tensions in the Middle East.

Business 29 Jul 2019 | 12:00 AM

All countries, including Malaysia, losing in US-China trade war

THE International Monetary Fund (IMF) may have identified China as having more to lose in the US-China trade war, but the real loser is the world which has become economically more dependent on China.

Business 29 Jul 2019 | 12:00 AM

Industrial property sector deemed to remain active

PETALING JAYA: The industrial property sector is expected to remain active for the rest of this year, supported by foreign direct investment inflows.