<div class=newsTextDataWrapInner><p>KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT) has signed a deal with one of its biggest suppliers, Abu Dhabi National Oil Company (Adnoc), for the purchase of refined products and paraffinic naphtha.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, LCT said its wholly-owned subsidiary Lotte Chemical Titan (M) Sdn Bhd (LCTM) signed the three-year sales contract — effective Jan 1, 2018 till Dec 31, 2020 — with Adnoc today.</p></div>

<div class=newsTextDataWrapInner><p>According to the contract, pricing will be based on market price as at loading month, while the estimated quantity to be supplied to LCTM will be between 600,000 tonnes and one million tonnes per year.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>LCT’s share price settled 0.4% or two sen higher at RM5.18, with 731,300 shares done, valuing the group at RM11.77 billion.</p></div>


KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT) has signed a deal with one of its biggest suppliers, Abu Dhabi National Oil Company (Adnoc), for the purchase of refined products and paraffinic naphtha.

In a filing with Bursa Malaysia, LCT said its wholly-owned subsidiary Lotte Chem...

Lotte Chemical in three-year product purchase agreement with Adnoc

Hopes are fading that Iranian President Ebrahim Raisi and his foreign minister have survived a helicopter crash in mountainous terrain and icy weather, an Iranian official said on Monday after search teams located the wreckage.

Hopes fade as wreckage found of helicopter carrying Iranian President Raisi

(May 20): Foreign buyers swooped in to purchase Chinese stocks on Friday as Xi Jinping’s government announced a slew of measures to bolster the housing market.

Traders purchased 14 billion yuan ($1.9 billion) of A-shares on Friday via the links with Hong Kong, the most since a record da...

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PAS on Sunday expressed solidarity with Seputeh Member of Parliament Teresa Kok, and strongly condemned the death threat against the DAP leader.

PAS secretary general Datuk Seri Takiyuddin Hassan said that Teresa deserves all legal protections against any criminal and unlawful acts.

PAS stands in solidarity with DAP's Teresa Kok, condemns death threat

Last week, nine social media influencers in the UK with a combined Instagram following of 4.5 million people were charged by the country’s Financial Conduct Authority (FCA) for promoting unauthorised foreign exchange trading schemes.

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Thailand's economy expanded 1.5% in the first quarter from a year earlier, official data showed on Monday, beating analysts' expectations.

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Asian shares started the week by rallying two-year highs on Monday, buoyed by China's strongest measures yet to address its property crisis and by expectations for global rate cuts within weeks, while the dollar steadied after a weekly drop.

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Saudi King Salman will undergo a treatment programme at Al Salam Palace in Jeddah for a lung inflammation, the state news agency said on Sunday, hours after he underwent medical tests.

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RHB Investment Bank Research has maintained its 'buy' rating for Gamuda Bhd (KL:GAMUDA) at RM5.58, with a higher target price of RM6.55 (from RM6.30), and said it is upbeat on the prospects Ho Chi Minh City (HCMC) has for Gamuda’s property arm.

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Lai Ching-te took office as Taiwan's new president on Monday, facing an angry and deeply suspicious China that believes he is a "separatist", and a fractious parliament with an opposition champing at the bit to challenge him.

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Over two months have passed since the World Trade Organization (WTO) ruled on Malaysia’s objection against the European Union’s (EU) rejection of palm oil as a renewable energy source. Among a number of issues, indirect land use change (ILUC) stands out as a primary factor leading to the EU’s mandate that palm oil cannot count towards the its 2030 renewable energy target for biofuels and must be phased out by 2030.

MySay: Time to relook how far palm oil leads to indirect land use change

<p>Hopes are fading that Iranian President Ebrahim Raisi and his foreign minister have survived a helicopter crash in mountainous terrain and icy weather, an Iranian official said on Monday after search teams located the wreckage.</p>


<p>The time it’s taking for some of China’s electric-car makers to pay suppliers is ballooning — a further sign of stress in the nation’s increasingly cutthroat auto market.</p>


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<p>In a note on ...

Phillip Capital raises target price for Kerjaya Prospek to RM2, sees stronger y-o-y net profit growth in 1Q2024

<p>Gold notched a fresh all-time high, as investor demand soared across the broader metals complex amid increasing optimism the US will cut rates this year.</p>


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Anwar: Visit to Central Asia to generate potential trade, investment exceeding RM2.1b

<p>Electronics manufacturing services firm Notion VTec Bhd (KL:NOTION) charted a new three-year high on Monday, as Bursa Malaysia’s Technology Index touched a new one-year high following the US’ plan to hike tariffs on semiconductors from China.</p>


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<p>Liverpool delivered much-loved manager Juergen Klopp a victory in his final game with the team on Sunday, a 2-0 win over 10-man Wolverhampton Wanderers at Anfield in an emotional Premier League season finale.</p>


Liverpool deliver victory in an emotional farewell for Klopp

<p>Troubled Australian casino operator Star Entertainment Group said several suitors have approached the company about possible deals, after a newspaper reported that a consortium led by Hard Rock Hotel &amp; Casino made a takeover proposal.</p>


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<p>Lai Ching-te took office as Taiwan's new president on Monday, facing an angry and deeply suspicious China that believes he is a "separatist", and a fractious parliament with an opposition champing at the bit to challenge him.</p>


<p>Copper surged to a fresh record, extending a months-long rally driven by financial investors who have piled into the market in anticipation of supply shortages.</p>


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<p>China’s latest housing initiative is aimed at vacant properties, a major pain point in a crisis that’s dragged on for almost three years. But analysts say the package of measures is still too small to end the rout.</p>


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<p>Infrastructure will drive growth in the Asia-Pacific, according to S&amp;P Global Ratings.</p>


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<p>The Lumut Maritime Industrial City (LuMIC) feasibility study, set to redefine the region as a pivotal hub in Malaysia’s maritime industrial sector.</p>


LuMIC set to redefine Malaysia's maritime industrial sector — Perak State Development Corp

<p>China's Commerce Ministry said on Monday that it will prohibit some US firms from importing and exporting activities related to China, including one selling arms to Taiwan, and forbid them from making new investments in China.</p>


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<p>London still leads European cities in attracting foreign direct investment in financial services, with the UK’s share of new projects reaching the highest level in a decade, a survey by Ernst &amp; Young showed.</p>


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<p>Goals from Diogo Dalot and Rasmus Hojlund gave Manchester United a scarcely-deserved 2-0 win at Brighton &amp; Hove Albion as they ended an underwhelming Premier League campaign on Sunday ahead of next week's FA Cup final against Manchester City.</p>


Man United sign off disappointing league season with 2-0 win over Brighton

<p>RHB Investment Bank Research has maintained its 'buy'&nbsp;rating for&nbsp;Gamuda Bhd (KL:GAMUDA) at RM5.58, with a higher target price of RM6.55 (from RM6.30), and said it is upbeat on the prospects Ho Chi Minh City (HCMC) has for Gamuda’s property arm.</p>


<p>The organising of Sustainable Development Goals (SDG) Malaysia Summit 2024 by the Economic Ministry proves the East Coast Economic Region Development Council’s (ECERDC) seriousness in ensuring a better standard of living for people residing in the East Coast by 2030.</p>


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<p>When US markets reopen next Tuesday after the long weekend, everything will likely seem normal. It’s only after the close and in the following days that any cracks are expected to appear.</p>


Speedier Wall Street trades are putting global finance on edge

<p>Tottenham Hotspur beat relegated Sheffield United 3-0 to cement fifth place and qualify for the Europa Leagueafter a Dejan Kulusevski double and Pedro Porro rocket in their final Premier League game of the season at Bramall Lane on Sunday.</p>
