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Trading ideas: Sime Darby, London Biscuits, UEM Sunrise, MUI Properties
KUALA LUMPUR: Stocks to watch on Wednesday include Sime Darby Bhd, London Biscuits Bhd, UEM Sunrise Bhd and MUI Properties Bhd, according to JF Apex Research.
KUALA LUMPUR: Stocks to watch on Wednesday include Sime Darby Bhd, London Biscuits Bhd, UEM Sunrise Bhd and MUI Properties Bhd, according to JF Apex Research.
Asian stocks fall on fears US-China trade stalling
TOKYO: Asian stocks and Wall Street futures fell on Wednesday on growing worries U.S.-China trade talks are stalling after President Donald Trump failed to deliver any new information about when the two countries would sign a trade deal.
Trump’s big reveal on trade a big letdown
MARKETS were widely anticipating that President Donald Trump would use his speech to the Economic Club of New York on Tuesday to trumpet progress on reaching the first phase of a trade deal with China.
Stocks, dollar rise as Trump says trade deal is near
NEW YORK: Global equity markets and the dollar rose on Tuesday as U.S. President Donald Trump reiterated the United States is close to signing a trade deal with China but offered no new details.
World's energy watchdog is undermining climate change battle, critics say
PARIS (Reuters) - A short walk from the Eiffel Tower, Fatih Birol oversees the world’s energy watchdog, whose analyses of fuel demand have long been viewed as the gold standard by government officials, energy executives and investors.
IATA: M’sian airlines still in good standing
KUALA LUMPUR: Individual Malaysian airlines are still in good standing, says the International Air Transport Association (IATA), an organisation that represents some 290 airlines comprising 82% of global air traffic.
Japan steelmakers cut profit forecast as weak Asian markets trim margins
TOKYO: The top three Japanese steelmakers reduced their annual profit forecasts this month as slumping steel prices in Asia eroded their export margins while slower auto demand overseas and falling usage in machinery at home forced them to cut output.
Group CEO: Sime Darby not in hurry to divest non-core assets
KUALA LUMPUR: Sime Darby Bhd is looking at trimming its non-core assets, even though it is not in a hurry to do so, as part of its five-year plan to create value for the group two years after its demerger exercise.
A record US$173bil flowing from S. Korea into risky assets
SEOUL: A hunt for yield is prompting South Korean investors to pile tens of billions of dollars into unconventional assets abroad, raising risks of losses on unfamiliar products.