Outflow of foreign funds from Bursa Malaysia slows to RM330.5mil net

KUALA LUMPUR: The selling of Malaysian stocks by offshore funds slowed signifantly in the past week to RM330.5mil net from a whopping RM1.97bil in the previous week, said MIDF Research in its weekly fund flow report. There was foreign selling on every day of the week except for Friday, which registered a marked drop in trading...

US keen to enhance offshore gas, aerospace collaboration with Sarawak, says ambassador

KUCHING: The United States (US) is keen to strengthen cooperation with Sarawak, particularly in the offshore gas and aerospace sectors. US Ambassador to Malaysia Edgard D. Kagan said that Sarawak has huge potential and expertise in both sectors and is making great strides in the renewable energy sector. He said these were among the topics he discussed...