Markets

Korea Inc sells most bonds since 2012 as slow economy looms

SEOUL • South Korean companies are rushing to sell bonds to lock in the cheapest borrowing costs in 21⁄2 years, amid concern that a slowing economy could ...

Corporate results: T7 Global, Ekovest, Carlsberg Malaysia, KESM Industries, Trive Property and Berjaya Media

T7 Global gets contracts from Carigali T7 Global Bhd’s subsidiary, Tanjung Offshore Services Sdn Bhd (TOS), and its sub-subsidiary has received letters of ...

KLCI dragged by risk-averse investors, weak earnings

Analyst says the trade war caused investors to switch to safe-haven assets
By MARK RAO / Pic By ISMAIL CHE RUS The lack of market catalysts, coupled ...

Kakao’s crypto unit raises RM368m in private coin offering

TOKYO • Kakao Corp’s crypto unit raised US$90 million (RM368 million) through a private coin offering and is planning another round targeting a similar sum ...

Nvidia buys Mellanox for RM28b in data centre push

SAN FRANCISCO • Nvidia Corp agreed to buy chipmaker Mellanox Technologies Ltd for US$6.9 billion (RM28.22 billion), gaining expertise to help it push into ...

Pricing pressure hits Top Glove profit margins

By FARA AISYAH / Pic By ISMAIL CHE RUS
Kenanga Investment Bank Bhd has maintained its ‘Underperform’ call on Top Glove Corp Bhd, but lowered its target ...

Alam Maritim awarded RM40m contract

By TMR
Alam Maritim Resources Bhd’s wholly owned subsidiary, Alam Maritim (M) Sdn Bhd (AMSB), has been awarded a RM40 million contract by Carigali Hess ...

Corporate results: APFT, TFP Solutions and Seacera

APFT gets requisition from shareholders to remove directors APFT Bhd had received a written requisition from its shareholders – who are holding a combined ...

Boeing shares dive after second deadly 737 MAX 8 crash

by REUTERS
Shares of Boeing Co slid 9 percent in early trading on Monday as many airlines grounded the planemaker’s best selling 737 MAX 8 passenger ...

India targets Saudi investment for oil reserve

By BLOOMBERG
NEW DELHI • India is seeking investment from Saudi Arabia to build emergency crude reserves that will act as a buffer against volatility ...

Econpile unit bags RM68.8m job in Putrajaya

By BERNAMA
Econpile (M) Sdn Bhd (EMSB) — a wholly owned unit of Econpile Holdings Bhd — has bagged a RM68.8 million contract from Niaz Enterprises (M) ...

Uni Wall secures RM32.1m MRT2 subcontract

By TMR / Pic By ISMAIL CHE RUS
Uni Wall APS Holdings Bhd, via wholly owned unit Uni Wall Architectural Products & Services Sdn Bhd, has bagged ...