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January 9, 2018 10:03 AM Imminent facelift for Sentul Market

KUALA LUMPUR: Plans are on the drawing board to redevelop the dilapidated Sentul Market. Kuala Lumpur City Hall (DBKL) is studying how best to redevelop the market that is located in a congested area, said DBKL Economic Planning and Development Department director Azmi Abdul Hamid. "The redevelopment may require the use of adjacent land to expand the market 7

December 27, 2017 5:51 AM Shop at Maeklong Railway Market, but watch out for the train!

Traders and tourists are seen at Maeklong Railway Market in the province of Samut Songkram about two hours from Bangkok. — Bernama picSAMUT SONGKRAM, Dec 27 — Hundreds of local and foreign tourists will flock to the Maeklong Railway Market daily to take a closer look at one of Thailand’s top tourist attractions. Armed with their cameras or smartphones 25

December 18, 2017 4:46 AM Traders whipsawed as Gujarat poll spurs early Sensex slump

People look at a screen displaying the Sensex on the facade of the Bombay Stock Exchange building in Mumbai February 28, 2015. A close election race in Gujarat from initial results sends the Sensex plunging December 18, 2017. — Reuters picMUMBAI, Dec 18 — Indian assets were volatile in early trading as initial results from the Gujarat elections showed 7

December 13, 2017 8:38 AM Malaysian party calls for boycott of Israeli products over Jerusalem

KUALA LUMPUR: A Malaysian party said on Wednesday (Dec 13) it will launch a campaign to urge businesses and the public to boycott Israeli products in light of the United States’ recognition of Jerusalem as Israel's capital. The Malaysian People's Economic Party (PEKIRA), which was set up to advocate for traders and entrepreneurs, said it will print and distribute 8

December 11, 2017 11:07 AM Singapore Exchange to hike derivatives trading fees starting 2018

The hike would be the exchange's first fee change in 15 years. — Reuters picSINGAPORE, Dec 11 — Singapore Exchange Ltd plans to increase its trading fees for derivatives by up to ten times starting next year, the Financial Times reported today. Annual fees paid by proprietary trading members including international banks and individual traders are expected 12

December 4, 2017 3:35 PM Beijing orders regions to ‘regulate’ gas market as prices soar (VIDEO)

China's move away from coal however has seen spiking prices of gas. — Reuters picBEIJING, Dec 4 — China’s state planner has ordered eight regions to meet with natural gas producers, liquefied natural gas (LNG) terminal operators and traders on Monday to “regulate” the market as prices of the clean fuel soar due to winter heating demand, a government 10

November 27, 2017 6:45 PM TransCanada excavates damaged part of leaked pipeline: South Dakota official

CALGARY, Alberta: TransCanada Corp is making progress on cleaning up a 5,000-barrel oil spill from its Keystone pipeline in South Dakota, where a state official said on Monday the company has excavated the damaged section of pipeline. Calgary-based TransCanada shut down the 590,000 barrel-per-day pipeline, one of Canada's main crude export routes, on Nov. 16, due to the leak. Keystone 9

November 16, 2017 10:53 AM Ringgit ends marginally lower

KUALA LUMPUR: The ringgit ended marginally lower against the US dollar today as traders were on standby mode, awaiting the release of Malaysia's third quarter Malaysia's gross domestic product (GDP) results tomorrow. At 6 pm, the local unit was traded at 4.1750/1780 against the greenback from 4.1730/1760 on Tuesday. OANDA Head of Trading Asia-Pacific 12

November 10, 2017 4:30 PM Reinstatement of SGX lunch break unlikely to affect trading volumes: Nomura

SINGAPORE: Singapore stock traders will be able to enjoy their lunches without worrying about trading volume when they finally get their mid-day intermission back on Monday (Nov 13). A report by Nomura on Friday said that trading volumes are unlikely to be affected much by the reinstatement of the lunch break. Singapore stock traders had their 90-minute 6

November 6, 2017 10:58 AM Ringgit ends higher on increased demand

KUALA LUMPUR, Nov 6 — The ringgit ended higher against the US dollar today on increased demand for the local note, a dealer said. At 6pm, the local unit traded at 4.2300/2330 against the greenback from 4.2340/2370 last Friday. Oanda Head of Trading Asia-Pacific Stephen Innes said traders were in favour of the ringgit, as the foreign exchange market reacted 7