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Business News Archives - New Malaysia News

Malaysia’s economic growth to slow to 4.7% this year
KUALA LUMPUR: Malaysia’s economy is expected to grow at a slower pace of 4.7% in 2018 from 5.9% last year, according to Allianz Group. [...]
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Nextgreen Global secures RM400m investment for GTP projects
KUALA LUMPUR: Nextgreen Global Bhd has secured an investment of RM400mil from Asia Capital Investment Fund for the funding of working capital and costs in its Green Technology Park (GTP) projects. [...]
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China stocks extend losing streak as confidence wanes
CHINA’s stock markets showed no signs of recovery on Monday after a week of declines as investors await more concrete moves by authorities to support the economy. [...]
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Vehicle sales skid in September as reality bites after GST tax holiday
KUALA LUMPUR: Vehicle sales fell in September after the Goods and Services Tax (GST) tax holiday ended on Aug 31 while stocks of some vehicle distributors were depleted, according to the Malaysian Automotive Association (MAA). [...]
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Bursa ends in the red as foreign selling picks up pace
KUALA LUMPUR: Blue chips closed lower on Monday as earlier buying support for blue chips fizzled out with investors seen retreating, tracking the gloomy key Asian markets. [...]
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Foreign investors pull out a staggering RM1.05bil
KUALA LUMPUR: Offshore funds fled Bursa at a rather heightened pace last week, according to MIDF Research. [...]
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Bursa Securities queries Merge Energy over spike in price
KUALA LUMPUR: Bursa Malaysia Securities has queried Merge Energy over the sharp rise in its share price recently. [...]
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China issues latest proposals for Shanghai-London stock connect
HONG KONG: China published rules for a cross-listing program between exchanges in Shanghai and London, clearing the way for companies to press ahead with plans to debut on each other’s bourses. [...]
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China says plenty of room for monetary adjustments amid trade row
NUSA DUA, Indonesia: China central bank governor Yi Gang said on Sunday he still sees plenty of room for adjustment in interest rates and the reserve requirement ratio (RRR), as downside risks from trade tensions with the United States remain significant. [...]
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Emerging economies struggle to contain capital outflows
NUSA DUA, Indonesia: After suffering months of capital outflows, policy makers from emerging markets attending IMF-World Bank meetings in Indonesia had a message for leading economies: current monetary and trade policies risk undermining us all. [...]
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Indonesia launches cash endowments-linked sovereign Islamic bonds
NUSA DUA, Indonesia: The Indonesian government launched on Sunday an Islamic bond linked to endowments, aiming to tap into a pool of assets for its fiscal needs. [...]
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Why Trump’s Fed bashing is always encouraging
DONALD Trump is none too pleased with the Federal Reserve. That is a good thing. [...]
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