KUALA LUMPUR: Encorp Bhd has signed a joint venture agreement with Felda to complete the

KUALA LUMPUR: The FBM KLCI crept lower in morning trade as a sell-off in heavyweights Tenaga Nasional and Top Glove dragged on the market.... Fears of slowing economic growth re-emerged following the release of weak data in China's industrial and retail sector.... Meanwhile, uncertainty over the US Federal Reserve's timeline for tapering its monetary stimulus also weighed on sentiment....

KUALA LUMPUR: Investors started the day with a flurry of profit-taking following yesterday's rally, which was fuelled by Brent crude's intraday breach of the US$ 80 a barrel mark.... " Investors remain cautious while waiting for economic activities to return to normal, considering the significant pullback on Wall Street overnight," said Malacca Securities Research in a note.... Stocks on Malaysia's blue-chip index were overwhelmingly lower with declines across the financial, telco and energy s