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KUALA LUMPUR -- Bursa Malaysia is expected to trade higher next week with investors accumulating selected index-linked counter stocks, amid cautious sentiment which would largely be influenced by external developments, a dealer said. He said expectations of an earnings recovery was kept intact by a satisfactory second quarter 2018 earnings season compared with the previous corresponding period. "Meanwhile, export-oriented stocks will be in favour, following the current weaker ringgit against the US dollar as traders bet on another interest rate hike in September," he told Bernama. He said an upside bias in small and mid-cap stocks is also expected to continue into next week. For the week just ended, Bursa Malaysia traded lower at between 1,798.84 and 1,808.59 in tracking the weaker performance of Wall Street and on concerns over the trade war between the US and China, as well as profit taking activities. ...

LANGKAWI -- Penganugerahan darjah kebesaran hanya akan diberikan kepada mereka yang berjasa kepada negara dan bukannya mereka yang menyokong pemimpin yang memerintah semata-mata, kata Perdana Menteri Tun Dr Mahathir Mohamad. Katanya, penganugerahan ini tidak seharusnya diberikan sewenang-wenangnya seperti yang diamalkan kerajaan Barisan Nasional sebelum ini.  “Masa (bekas Perdana Menteri, Datuk Seri) Najib (menerajui pemerintahan) dulu semua orang dapat hadiah supaya sokong Najib. Kita (Kerajaan Pakatan Harapan) tak bagi hadiah. Tapi kita nak bagi kepada orang yang patut dapat,” katanya, lapor Bernama.  Beliau berkata demikian bagi mengulas keputusan Istana Negara untuk tidak memberi anugerah kebesaran sempena sambutan Keputeraan Yang DiPertuan Agong, Sultan Muhammad V pada 9 Sept ini.  “Saya tak tahu sebab apa (tiada penganugerahan kebesaran) tapi saya ingat sebabnya waktu ini kita tak tahu siapa kita nak bagi,” katanya.  Sementara itu,...

KLANG -- The Bukit Raja Toll Plaza on the NKVE Expressway is closed to all vehicles after its ceiling collapsed due to a storm at about 10 pm on Friday night. Selangor Traffic Investigation and Enforcement Department chief​​​​​​,​ Supt Azman Shari'at said the incident caused traffic congestion of about one kilometre in both directions. “Vehicles from the Shah Alam direction was diverted to the Setia Alam Toll Plaza and vehicles from Klang had to make a U turn. The route from Shah Alam to Klang has been opened with three lanes on the left. “At present cleaning work is being carried out by the PLUS Malaysia Bhd (PLUS)," he said in a statement here. Meanwhile PLUS in a statement, said a portion of the ceiling at the Bukit Raja Toll Plaza had collapsed due to heavy storm, causing it to be inaccessible. The statement added that PLUS’s initial investigation revealed no casualties were reported, in...