<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 2): The FBM KLCI began the first trading day of the second quarter of 2018 with modest gains, in line with its regional peers.</p></div>

<div class=newsTextDataWrapInner><p>At 9.05am, the FBM KLCI gained 0.28 points to 1,863.74.</p></div>

<div class=newsTextDataWrapInner><p>The early gainers included Nestle (M) Bhd, Far East Holdings Bhd, Hong Leong Industries Bhd, Malaysia Airports Holdings Bhd, Petronas Chemicals Group Bhd, Caely Holdings Bhd, George Kent (M) Bhd and Eversendai Corp Bhd.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Asian stocks began the new quarter on Monday with mild gains following a strong performance by global equities last week, while the dollar held steady awaiting key economic indicators, according to Reuters.</p></div>

<div class=newsTextDataWrapInner><p>MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, it said.</p></div>

<div class=newsTextDataWrapInner><p>JF Apex Securities Research in a market preview said US and European markets were closed on Friday for Good Friday holiday.</p></div>

<div class=newsTextDataWrapInner><p>“On the local bourse, the benchmark FBM KLCI surged 7.11 points to 1863.46 points.</p></div>

<div class=newsTextDataWrapInner><p>“Following the positive momentum last week, the FBM KLCI is expected to be buoyed and attempt to retest its resistance of 1880 points,” it said.</p></div>


KUALA LUMPUR (April 2): The FBM KLCI began the first trading day of the second quarter of 2018 with modest gains, in line with its regional peers.

At 9.05am, the FBM KLCI gained 0.28 points to 1,863.74.

The early gainers included Nestle (M) Bhd, Far East Holdings Bhd, Hong Leo...

KLCI starts 2Q2018 with modest gains

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Nestle on Thursday missed first-quarter organic sales growth estimates, as the world's biggest packaged food company hiked prices and sold fewer products, particularly in North America.

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Deutsche Bank posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at its investment banking division.

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Thai banks will cut lending rates by 25 basis points for vulnerable groups for a period of six months, a bankers' association said on Thursday, responding to a government request to help small businesses.

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SHANGHAI (April 25): US Secretary of State Antony Blinken on Thursday called on China to provide a level playing field for American businesses, as he began a visit aimed at resolving a raft of contentious issues that could jeopardise the newly repaired relationship.

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A three-member Federal Court bench on Thursday granted leave (permission) for lawyer Datuk Sreesanthan Eliathamby to have the merits of his appeal for a civil penalty of RM1 million imposed on him for insider trading of Worldwide Holdings Bhd shares in 2006 be heard.

Chief Justice Tun Tengku Maimun Tuan Mat, who led the bench, granted leave for the questions of law to be determined by the apex court.

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Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the spectre of intervention from Tokyo.

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Taiwan’s incoming president warned his government faces a grim international environment as he finalised his cabinet line-up by appointing key defence and foreign-affairs officials.

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The Court of Appeal has allowed a bid by Tan Sri Muhyiddin Yassin to have a bench of five judges to hear his review application to restore his acquittal by the High Court of four of his abuse of power charges last year.

His lawyer Chetan Jethwani said that Court of Appeal deputy registrar Muhammad Noor Firdaus Rosli informed the parties of the matter on Thursday morning during case management.

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<p>KUALA LUMPUR (April 25): The Employees Provident Fund (EPF) members, who are below 55 years old, will have an Account 3, in addition to the existing two accounts for their retirement savings, starting May 11.&nbsp;</p>


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<p>Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.</p>


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<p>Digital Nasional Bhd (DNB), the state-owned company in charge of the 5G network infrastructure rollout, on Thursday named five new board members, comprising senior leaders from the telecom and technology industries.</p>


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<p>Binance co-founder Changpeng Zhao is facing up to three years in prison if efforts by US prosecutors to secure his sentencing prove successful. More than 160 friends, colleagues and investors are determined for the crypto executive to escape incarceration entirely.</p>


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<p>Shares of YTL Corp Bhd rallied to a new all-time high on Thursday after Hong Leong Investment Bank (HLIB) flagged more upside even after a 42% year-to-date surge.</p>


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<p>A made-in-China electric vehicle (EV) will hit US dealers this summer offering power and efficiency similar to the Tesla Model Y, the world's best-selling EV, but for about US$8,000 (RM38,228) less.</p>


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<p>Housing and Local Government Minister Nga Kor Ming’s press secretary Pang Sock Tao was announced as the unity government’s candidate for the Kuala Kubu Baharu by-election on May 11.</p>


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<p>KUALA LUMPUR (April 25): Mega First Corp Bhd shares have likely peaked following a recent rally to new all-time highs, and investors should stop buying the stock now, Maybank Investment Bank (Maybank IB) said and downgraded the stock to ‘hold’.</p>

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<p>Wireless carrier Axiata Group Bhd and conglomerate PT Sinar Mas Group are moving forward with plans to merge their telecommunications operations in Indonesia, people familiar with the matter said.</p>


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<p>KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.</p>


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<p>Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects of legacy offshore and marine assets was higher, boosted by strong performance in the global asset manager's infrastructure and connectivity segments.</p>


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<p>RHB Retail Research said NationGate Holdings Bhd is observing a technical breakout after climbing above the RM1.70 immediate resistance on surging trading volume.</p>


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<p>RHB Retail Research said Naim Holdings Bhd is likely to resume its uptrend after the recent consolidation above the 97.5 sen breakout level.</p>


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<p>Benchmark S&amp;P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in Treasury yields amid positive corporate results particularly from technology giants.</p>


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<p>Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the spectre of intervention from Tokyo.</p>


<p>Malaysia’s consumer inflation came in lower than expected in March from a year earlier as prices of healthcare and food rose at a slower pace, official data on Thursday showed.</p>

<p>The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.</p>


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<p>Visa Inc recently reported impressive fiscal second quarter 2024 results, with net revenue increasing by 10% and payments volume growing by 8%.</p>


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<p>Synergy House Bhd may trend higher after breaking out from its one-week bullish rectangular pattern two sessions ago, to a new all-time high.</p>


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<p>(April 24): Some of the world's largest solar equipment makers asked President Joe Biden's administration on Wednesday to impose tariffs on panels and cells from four Asian countries, to protect billions of dollars in investments in US manufacturing.</p>
