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August 30, 2018 6:19 AM Bursa Malaysia rebounds in early trade

KUALA LUMPUR: Bursa Malaysia opened higher today, with the key index rebounding from yesterday's downtrend as investors took the cue from the upbeat overnight close of Wall Street amid improving oil prices. At 9.04am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.26 points higher at 1,821.9 from Wednesday's close of 1,820.64. Market breadth 17

August 25, 2018 7:12 AM Business as usual for Australian economy under new PM

SYDNEY: Scott Morrison is respected by investors and his elevation to Australian prime minister is a good outcome, analysts say, with the latest bout of political instability unlikely to hurt the economy. The 50-year-old outgoing treasurer took the top job after a Liberal Party revolt instigated by hardline conservatives, led by Peter Dutton, to unseat 6

August 23, 2018 12:49 PM ‘Bulk water supply rate cut to have impact on Gamuda’

PETALING JAYA: PublicInvest Research views the cut in the bulk water supply rate in Pengurusan Air Selangor Sdn Bhd’s offer as a positive development as it confirms continuation for Gamuda Bhd in providing operation and maintenance services to the Sungai Selangor Water Treatment Plant Phase 3 (SSP3) and the recovery of RM400 million receivables owed by Syarikat 16

August 21, 2018 9:34 AM Kawan Food earnings fall in Q2

PETALING JAYA: Kawan Food Bhd’s net profit for the second quarter ended June 30,2018 fell 32.40% to RM6.08 million from RM8.99 million a year ago due to lower export turnover, and higher operation and promotion costs. Revenue for the quarter under review fell 4.92% to RM52.38 million from RM55.09 million due to a decrease in turnover from North America 13

August 20, 2018 6:04 AM Foreign funds turned net sellers last week

PETALING JAYA: Foreign funds offloaded RM631.4 million net of local equities, wiping out the net inflow of RM458.2 million recorded in the week before, according to MIDF Research. “Offshore investors were already selling a lot on Monday to a tune of RM142.3 million net as the crisis in Turkey rippled across emerging markets including Malaysia. It came to no surprise 11

August 17, 2018 9:00 AM M'sia needs more neurosurgeons: Lee

KUALA LUMPUR: Deputy Health Minister Dr Lee Boon Chye today spoke of the need for more neurosurgeons to serve in public and private health care centres in the semi-urban and rural areas. He said that currently there were 115 practising neurosurgeons nationwide, in both government and private hospitals, supported by over 400 individuals trained in neuroscience 9

August 17, 2018 1:38 AM Low-carb diet linked to elevated mortality risk: Study

MIDDLE-aged people who get roughly half their daily calories from carbohydrates live several years longer on average than those with low-carb diets, researchers reported Friday. The findings, published in The Lancet, challenge a trend in Europe and North America toward so-called Paleo diets that shun carbohydrates in favour of animal protein and fat. Proponents 9

August 15, 2018 1:04 PM Focus on public-private tie-ups to achieve Vision 2020/25: IDC

KUALA LUMPUR: International Data Corporation (IDC) Asean is calling for the new government to focus on public-private collaborations to achieve Vision 2020/25. As the initial Vision 2020 set higher goals to transform the country’s society and economy, the public sector needs to step up to set the direction and planning towards building a balanced ecosystem 21

August 13, 2018 12:23 PM Use of own party logo to help strengthen BN: Mohamad Hasan

KUALA LUMPUR: MCA's use of its own logo in the upcoming Balakong state by-election does not mean that the Barisan Nasional (BN) is breaking up, according to BN deputy chairman Datuk Seri Mohamad Hasan. The Umno deputy president said it was a BN effort to strengthen the component parties following the defeat of the coalition in the 14th general election 12

August 13, 2018 2:04 AM Curfew in ESSZone extended to Aug 29

KOTA KINABALU: The curfew in the waters off seven districts in the Eastern Sabah Security Zone (ESSZone), which ends at 6pm today, has been extended to Aug 29, according to Sabah Police Commissioner Datuk Ramli Din (pix). Wth the extension of the curfew, he said, those living in the affected areas should remain indoors, while outsiders would not be allowed 10