Samsung Group, South Korea's No. 1 conglomerate, said Monday it plans to establish a foundation to bolster the country's growth engine in line with the government's push to cultivate economic development.
Bursa Malaysia is likely to trend higher next week on stronger regional sentiment and a strong performance of the ringgit following an influx of foreign funds and an accommodative stance from Bank Negara Malaysia.
The Group of Seven top economies are set for a second day of talks on Saturday aimed at spurring growth amid US-Europe divisions over the scale of austerity and renewed market focus on "currency wars" after the yen hit new dollar lows.
CIMB Research has upgraded the construction sector from 'neutral' to 'overweight' as major overhang on the sector such as the general election is out of the way, allowing for the ramp-up of major projects.
Malaysia Airports Holdings Bhd (MAHB) has confirmed the delay in the opening of the new low-cost air terminal, KLIA2, scheduled for June 28, after taking into account several key quality and safety issues.