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.

The Strategic Investors' Association of Malays Malaysia expects investments in Bursa Malaysia to swell by at least 20 per cent by year-end, driven by increasing investors' buying interest.

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's gross domestic product (GDP) is expected to grow at a moderate pace following the poor Industrial Production Index (IPI) in March, analysts said today.

The Port of Singapore once again clinched the Best Seaport in Asia award at the Asian Freight and Supply Chain Awards (AFSCA), retaining its crown as Asia's port of choice.

Integrated communications service provider, Maxis Bhd, chalked up a 4.4 per cent revenue growth to RM2.327 billion in the first quarter of this year from the same period last year.

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.

Chinese coal companies have seen their profit margins shrunk amid sluggish demand and an influx of cheaper coal imports, Xinhua news agency reported.