Mon03272017

LAST_UPDATEMon, 27 Mar 2017 6pm

South Korea Manufacturers To Boost Capital Investment In 2017 Vs 2016: Central Bank Survey

 

Pic: ReutersSouth Korean manufacturers are expected to spend more on capital investment this year than they did last year, although those expenditures will be conservative and mostly geared towards maintaining facilities than expansion, a central bank survey showed on Monday.

Read more: South Korea Manufacturers To Boost Capital Investment In 2017 Vs 2016: Central Bank Survey

Sunway Construction Bags Three Projects For Rm186.3m

PETALING JAYA: Sunway Construction Group Bhd’s (SunCon) has been awarded three new projects for a combined contract value of RM186.29 million.

Read more: Sunway Construction Bags Three Projects For Rm186.3m

Healthy Economic Fundamentals To Support Malaysia’s Growth

Analysts are generally cautiously optimistic about Malaysia’s economic performance in 2017.

Read more: Healthy Economic Fundamentals To Support Malaysia’s Growth

U.S. Equity Futures At Six Week Low After Trump Healthcare Setback

Pic: Reuters

U.S. equity index futures fell to a six-week low on Sunday in a sign Wall Street would start the week defensively after Republicans pulled legislation to overhaul the U.S. healthcare system in a stunning setback for President Donald Trump.

Read more: U.S. Equity Futures At Six Week Low After Trump Healthcare Setback

Trump Greenlights Keystone XL Pipeline, But Obstacles Loom

Pic: Reuters

U.S. President Donald Trump's administration approved TransCanada Corp's (TRP.TO) Keystone XL pipeline on Friday, cheering the oil industry and angering environmentalists even as further hurdles for the controversial project loom.

Read more: Trump Greenlights Keystone XL Pipeline, But Obstacles Loom

As Jets Fill Up, Malaysia Airlines Shops Around For Widebody Planes

Pic: Reuters

LONDON: Malaysia Airlines is looking to lease widebody planes to boost its network from next year and will make a decision on an order of new planes for delivery from 2019 later this year, the carrier's chief executive told Reuters.

Read more: As Jets Fill Up, Malaysia Airlines Shops Around For Widebody Planes

Toshiba Decides On Westinghouse Bankruptcy, Sees $9 Billion In Charges - Sources

A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, January 19, 2017. Photo: Reuters

TOKYO - Japan's Toshiba Corp has informed its main lenders it is planning for U.S. nuclear unit Westinghouse Electric Co LLC to file for bankruptcy on March 31, people briefed on the matter said on Friday.

Read more: Toshiba Decides On Westinghouse Bankruptcy, Sees $9 Billion In Charges - Sources

Gull Jewellery Eyes RM15 Mln Sales In Five Years

KUALA LUMPUR -- YBS Retail Trading Sdn Bhd, the owner of Gull Jewellery brand, aims to rake in RM15 million in sales in the next five years following the opening of new branches.

Read more: Gull Jewellery Eyes RM15 Mln Sales In Five Years

Ringgit To Firm Against US Dollar Next Week

Pic: Agency

KUALA LUMPUR: The ringgit is likely to trade firmer against the US dollar next week on an improved Malaysian economy, dealers said.

Read more: Ringgit To Firm Against US Dollar Next Week

GTA Investing In RM50 Million Subang Manufacturing Facility

Pic: NST Online

LANGKAWI: Malaysian aerospace maintenance, repair and overhaul (MRO) company, Global Turbine Asia Sdn Bhd (GTA), said its RM50 million under-construction manufacturing facility, on an 8-acre piece of land in Subang, will be completed in 2019.

Read more: GTA Investing In RM50 Million Subang Manufacturing Facility