4y

Indonesia launches construction of 30,000ha industrial estate in North Kalimantan

Project to include investments from China, UAE

4y

California sues Walmart over toxic waste dumping

State claims retail giant unlawfully disposes millions of toxic waste items

4y

Ringgit recovers slightly against US dollar

Local currency traded mostly lower against several other major currencies

4y

Bursa opens lower, but rebounds thereafter

Recovery boosted by mild buying in selected heavyweights, dealers say

4y

Qatar Airways initiates legal challenge against Airbus in UK

Action follows dispute with aircraft manufacturer over exterior paint-related issues

4y

Asian markets tumble on Omicron spike, Biden spending bill blow

Oil prices fall too over demand concerns as some countries reimpose lockdowns

4y

Azman Mokhtar appointed as Tabung Haji chairman

Move expected to drive ongoing efforts as institution respected for performance, governance

4y

China cuts interest rates for first time in 20 months

Comes as central banks elsewhere raise them over inflation fears

4y

Ringgit to trade within 4.21-4.22 v US dollar next week

Malaysia’s inflation rate will be focus, expected to accelerate further

4y

Bursa likely to continue seeing cautious trading next week

Market would be supported by year-end window dressing activities, however

4y

UK regulator fines HSBC £63.95 mil for money laundering failings

Financial Conduct Authority detects serious weaknesses in three key areas of bank’s monitoring systems

4y

Asian markets drop after rally as traders consider higher rates

Investors initially upbeat as Fed unveils plan to rein in alarming inflation

4y

Supermax to invest US$350 mil in phase 1 of US manufacturing plant

Four-phase facility to produce 400 million gloves per month for each phase