Shares of Malaysia's top mobile phone company Maxis Berhad jumped 9.2 percent on their return to the bourse Thursday following the biggest share sale ever in Southeast Asia.

Malaysia has unveiled plans to liberalize its auto industry including ending a freeze on manufacturing licenses for luxury cars and letting foreigners own 100 percent equity in the sector.

China-based shoe sole maker Multi Sports Holdings Ltd. began trading Wednesday on Malaysia's stock exchange, becoming the second foreign company to list here.

Malaysia's industrial production fell by the least in seven months in June as a nine-month slump in exports eased.

Malaysia expects its exports to rebound by the end of the year, fueling economic growth in 2010 after a severe recession, the trade minister said Thursday.

Malaysia's benchmark stock index fell on the first day of trading after replacing a 23-year-old gauge, as benefits of the new measure were overshadowed by concerns the global economic recovery will falter.

Malaysian Prime Minister Najib Razak on Tuesday announced a major revamp of the country's foreign investment policies to attract investors in the current economic gloom.

Malaysia Airlines (MAS) said Friday it plunged into the red in the first quarter, hit by a triple blow of overcapacity, fuel hedging losses and the global economic slump which hurt passenger and cargo demand.

Malaysian industrial output slid 11.4 percent year on year in April as weak exports caused a drop in the manufacturing, mining and electricity sectors, official data showed Wednesday.

National oil firm Petronas on Wednesday said it had signed a deal with ExxonMobil worth at least 2.1 billion dollars to produce oil from seven oil fields located off Peninsular Malaysia.