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Business

Short position

Business news in brief.

Markets

Bursa, Asian equities slide on signs of US slowdown

KUALA LUMPUR: Asian markets were off to a bad start on Friday as US data showed slowing manufacturing activity while Apple Inc lost nearly 10% of its value in overnight trading.

Business

Sanichi buys Bangsar South building for RM46mil

PETALING JAYA: Sanichi Technology Bhd is acquiring a 12-storey building in Bangsar South, Kuala Lumpur, for RM46mil.

Business

Bursa Securities queries Sanichi over sharp fall

KUALA LUMPUR: Bursa Malaysia Securities Bhd has queried Sanichi Technology Bhd on the sharp fall in price of the company’s shares recently.

Markets

Bank stocks lead KLCI higher as Trump spurs confidence in US-China trade deal

KUALA LUMPUR: Bursa Malaysia rallied on Wednesday as global equities turned hopeful on US President Donald Trump's optimism over a trade deal with China.