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Nylex’s major shareholder Ancom Nylex proposes selective capital reduction, repayment of 5.1c/share

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PETALING JAYA: Ancom Nylex Bhd and its wholly-owned subsidiary Rhodemark Development Sdn Bhd (RDSB), as controlling shareholders of the now-delisted Nylex (M) Bhd, have proposed a selective capital reduction and […]

Ringgit ends marginally lower against greenback on stronger US$ index

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KUALA LUMPUR: The ringgit closed marginally lower against the US dollar on Friday, amid a stronger US Dollar Index (DXY) as traders await US Nonfarm Payroll (NFP) data tonight, said […]

Ho Hup Construction defaults on credit facilities totalling RM45.27mil

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KUALA LUMPUR: Ho Hup Construction Company Bhd has defaulted on revolving credit facilities totalling RM45.27 million, prompting a legal action by AmBank Islamic Bhd (AIB). Read full story Date: 6 […]

Ecomate acquires 60% stake in ICT business for RM8.4mil

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PETALING JAYA: Ecomate Holdings Bhd is venturing into the information and communications technology (ICT) solutions business through the acquisition of a 60% stake in Progressive Computer Systems Sdn Bhd (PCS) […]

Bursa Malaysia ends slightly lower tracking regional markets

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KUALA LUMPUR: Bursa Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said. Read full story Date: 6 June, […]

Survivors of Spain’s Franco-era ‘fallen women’ centres seek apology, recognition

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MADRID/VALENCIA (Reuters) -Consuelo Garcia del Cid was 16 when the family doctor came into her bedroom in Barcelona, Spain with her mother in 1974, grabbed her left arm and pushed […]

No plans for Trump call with Musk on Friday, White House source says

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WASHINGTON (Reuters) -There are no plans for U.S. President Donald Trump to hold a call with Elon Musk on Friday, a White House source with knowledge of the matter said. […]

India vows to keep up development in Kashmir after tourist attack

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NEW DELHI (Reuters) -India is committed to efforts to develop its restive territory of Jammu and Kashmir, Prime Minister Narendra Modi said on Friday, accusing neighbour Pakistan of seeking to […]

Nepal ex-PM faces graft charge over land deal with Indian yoga guru’s firm

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KATHMANDU (Reuters) -Authorities in Nepal have charged former Prime Minister Madhav Kumar Nepal with corruption and demanded a million-dollar fine over the purchase of land by a firm owned by […]

Trump and Musk to speak on Friday after alliance descends into public feud

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WASHINGTON (Reuters) -Donald Trump’s aides scheduled a call between the U.S. president and Elon Musk for Friday after a huge public spat that saw threats fly over government contracts and […]

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