Markets

Can-One makes MGO for Kian Joo at RM3.10 a share

Every Kian Joo shareholder who wishes to accept the offer will be paid in full by way of cash
By FARA AISYAH Can-One Bhd has tabled a mandatory general ...

Bursa Malaysia to implement T+2 on April 29 this year

An analyst says the T+2 trade cycle is aligned with the practices of most developed markets and could weed out speculators
By MARK RAO / Pic By ISMAIL ...

Yuan nears critical juncture as trade talks loom

By BLOOMBERG
HONG KONG • The yuan is entering a critical period after posting its second-best monthly advance ever, with analysts sounding caution as a ...

Corporate results: KNM, CB Industrial, RHB Bank, Utusan Melayu and Scomi

KNM receives RM26m orders from SBM Offshore KNM Group Bhd’s wholly-owned subsidiary, KNM Process System Sdn Bhd, has received a signed purchase orders from ...

Wholesale, retail trade sales grow 8.2%

By BERNAMA / Pic By HUSSEIN SHAHARUDDIN
The wholesale and retail trade subsector sales recorded a growth of 8.2% to RM1.25 trillion in 2018 compared to ...

Geopolitical events remain key factor in 2019

By DASHVEENJIT KAUR / Pic By MUHD AMIN NAHARUL
Geopolitical events remain one of the key factors in determining investors’ sentiment in the local ...

Corporate results: Perodua, Lazada Malaysia, Securities Commission Malaysia, Velesto Energy and Kerjaya Prospek

Perodua delivers over 100,000 3rd Gen Myvis
Perusahaan Otomobil Kedua Sdn Bhd’s (Perodua) has delivered over 100,000 3rd gen Myvis since its ...

TUI slumps again as losses plague Europe’s biggest holiday firms

By BLOOMBERG
FRANKFURT • TUI AG fell as much as 8% after Europe’s biggest holiday firm detailed how a glut of flights and hotel rooms is hurting ...

RM236b Pacific mine claim seen at risk

Changes to mining law come as Bougainville moves toward an independence referendum
By BLOOMBERG SINGAPORE • A mining company ...

Higher sales lift Hartalega, Supermax profit

By FARA AISYAH / Pic By MUHD AMIN NAHARUL
Hartalega Holdings Bhd’s profit for the third quarter ended Dec 31, 2018 (3QFY19), increased 5.96% ...

Indonesia poultry stocks soaring on supply woes

By BLOOMBERG
JAKARTA • Indonesia’s chicken shortage could worsen this year, driving further gains in poultry stocks, according to CGS-CIMB Sekuritas. ...

ECB officials reviewing incoming data ‘carefully’

By BLOOMBERG
FRANKFURT • European Central Bank (ECB) officials are reviewing all incoming data on the euro-area economy “carefully”, according to the ...