Alert share

Blog Headlines

 Customize your preference news
Wed, 27 Oct 2021
2:47 PM Seni Jaya plans private placement to raise up to RM34m, 3-for-1 bonus issue
2:44 PM LG Display Q3 profit rises, buoyed by higher TV panel prices
2:42 PM Santander's profit beats forecasts on solid UK market
2:32 PM A deep dive into Squid Game's world of inequality
2:31 PM French fashion company SMCP's sales near pre-pandemic levels
2:29 PM MDV unveils key initiatives to support development of tech sector post-pandemic
2:20 PM Office, retail and residential sectors in the Greater KL recovering, says JLL...
2:16 PM Motion on sale of Petronas Gas assets in Azerbaijan for debate in Special...
2:14 PM Australian border openings boost demand for flights
2:08 PM Shanghai aluminium drops to 2-month low as coal prices tumble
2:00 PM Azman Hashim on the banking industry’s changing climate
2:00 PM Proton starts assembly of Saga in Pakistan, X-70 to follow
1:51 PM Analysis: The 1970s all over again? Stagflation debate splits Wall St
1:50 PM Redtone, RGT, CJ Century, Eurospan, LBS Bina, OKA Corp
1:47 PM Seni Jaya proposes 3-for-1 bonus issue

KUALA LUMPUR: Seni Jaya Corp Bhd has proposed a private placement exercise involving the issuance of up to 14.56 million new ordinary shares, subject to the issuance of the placement shares not exceeding 20% of the group’s total number of issued shares.
1:43 PM Proton X70 production to commence in Pakistan

KUALA LUMPUR: Proton is looking forward to having the Proton X70 assembled in Pakistan by the year-end, just months after the successful production rollout of the Proton Saga in Karachi.
1:43 PM Serba Dinamik remains suspended, has not complied with directive, says Bursa
1:32 PM Japan PM says Tokyo shares ASEAN concerns about challenges to maritime order
1:25 PM KAF anticipates Astro to deliver higher dividend yield, reinitiates coverage...
1:17 PM Serba Dinamik continues to be suspended

KUALA LUMPUR: Trading in shares of Serba Dinamik Holdings Bhd remained suspended after it failed to announce the findings from the Factual Findings Update on the Special Independent Review (SIR) by Oct 26.
1:14 PM Maybank rises after EPF ups stake, foreign shareholding rebounds from lowest in...
1:05 PM Hong Kong bourse operator third-quarter profit slips
1:05 PM Equinor Q3 surges on high gas price, will increase share buybacks
1:02 PM U.S. demand for oil surges, depleting tanks in Oklahoma
12:55 PM FBM KLCI creeps higher as trading stays cautious

KUALA LUMPUR: The FBM KLCI edged slightly higher as it entered midday although most counters on Bursa Malaysia remained in the red amid ongoing investor caution.
12:50 PM Bursa remains mixed at midday, KLCI up 0.07%
12:48 PM China regulator says will step up efforts to build 'civilised internet'
12:46 PM Vaccinated but stuck: Indians await WHO nod for homegrown shot to travel abroad
12:45 PM Microsoft sees cloud business growth, but supply woes continue for Xbox
12:44 PM Temasek's new investment platform to target local, mid-sized firms
12:38 PM IOI Corp's new offer of US$300m notes attracts investors' interest
12:31 PM More bond defaults likely for Chinese real estate companies but overall...
12:17 PM Moratorium under Pemulih package still open for applications

KUALA LUMPUR: Borrowers who are in need of financial assistance may still apply for the moratorium under the National People's Well-Being and Economic Recovery Package (PEMULIH).
12:13 PM Nikkei retreats on caution ahead of elections; Canon drops on forecast cut
12:10 PM Indian shares edge higher on consumer, IT gains
12:08 PM Maybank to help Singapore's Ezion sell vessels to repay loans
11:55 AM Premier Li calls for closer cooperation on SCS, economy with ASEAN - Global...
11:52 AM Shiba Inu surges to record as Robinhood petition passes 300,000
11:43 AM China state planner conducts 'clean up' of illegal coal storage sites
11:42 AM Xi’s toughest ‘common prosperity’ test is raising China’s taxes
11:33 AM China industrial profit growth accelerates in Sept despite cost pressures
11:33 AM Alphabet earns record profit on Google ad surge
11:19 AM Chinese steel futures track raw materials lower, coking coal and coke hit daily...
11:08 AM Australia dollar gains, bonds buckle as market guns for rate hikes
11:07 AM IGB REIT big beneficiary of revenge shopping on retail sector recovery — CGS-...
11:03 AM

Misinformation threatens smoke-free future: Philip Morris
11:03 AM Some airlines risk failure if they do not cut emissions faster - industry report
11:02 AM Opportunities abound for Hong Kong construction sector GPI Capital
10:53 AM Asset manager Tikehau Capital applies to list SPAC on SGX -sources
10:50 AM Ageson secures RM95.2m residential development project in Selangor
AGES 0%,
GPI Capital
10:49 AM Critical Turning Point for FAST ENERGY HOLDINGS BERHAD (MUST READ)
FAST 0%,
GPI Capital
10:45 AM Ringgit opens flat as investors stay on the sidelines

KUALA LUMPUR: The ringgit opened almost flat against the US dollar today as a lack of market moving news resulted in most investors remaining on the sidelines, said a dealer.
10:40 AM Stocks slip, short-term yields leap with inflation
10:26 AM Returning crowds bode well for Resorts World Genting

KUALA LUMPUR: As the crowds make a gradual return to Resorts World Genting, the anticipated opening of the outdoor theme park, Genting Skyworlds, is expected to further facilitate visitor arrivals to the entertainment hot spot.
10:22 AM

Unisem to record better earnings across all market segments, says HLIB Research
10:19 AM SCIB down 26%, KPower falls after Bursa rejects postponement of the former's...
10:17 AM Quick take: Unisem shares drop on earnings miss

KUALA LUMPUR: Shares of Unisem (M) Bhd dropped marginally as the company reported a 21% dip in net profit for the third quarter ended Sept 30.
10:17 AM

Bursa rejects SCIB's time extension to complete 2021 annual report
10:12 AM China Evergrande shares fall on persistent pressure from debt travails
10:09 AM

RM opens at 4.14 vs USD
10:02 AM Digital Banking Boom
9:49 AM Oil falls after increases in U.S. crude, fuel stockpiles
9:47 AM Ringgit opens almost flat against US dollar
9:45 AM Australia shares dip as miners and Woolworths drop, inflation data hurts
9:44 AM Most of 2022’s solar PV projects risk delay or cancellation due to soaring...
9:42 AM FBM KLCI slightly higher as consolidation continues

KUALA LUMPUR: Equities on Bursa Malaysia were slightly improved in early Wednesday trade after four successive days of losses as investors kept prices on a sideways trend.
9:32 AM Al Gore launches climate change asset manager
9:27 AM Quick take: SCIB shares tumble 23% on suspension risk

KUALA LUMPUR: Shares in Sarawak Consolidated Industries Bhd (SCIB) tumbled over 23% in early trade Wednesday on the risk of suspension. 
SCIB -28.4%,
9:25 AM Favelle Favco's latest job wins point to improved performance

KUALA LUMPUR: Favelle Favco Bhd's recent purchase orders could suggest growing momentum in the group's financial performance, says MIDF Research.
9:23 AM FBM KLCI opens slightly higher
9:17 AM

Born Out Of A Crisis
9:03 AM IT and tech galore in Bukit Jalil

WHILE already a household name in the heart of Kuala Lumpur, Pavilion is gearing up to be the largest fully integrated regional lifestyle mall in Klang Valley’s southern corridor this Dec 3, 2021.
9:03 AM Gas crisis helps to land BP US$500 million windfall
8:49 AM Aromatherapy spray sold by Walmart behind rare bacterial outbreak - CDC
8:40 AM Supply Bill 2022 to be tabled for first reading in Dewan Rakyat today
8:36 AM Near-term market outlook is likely to stay indifferent, says Inter-Pacific
8:33 AM Trading ideas: Yinson, Favelle Favco, Deleum, Advancecon

KUALA LUMPUR: Stocks that could be on investors' radar screen on Wednesday include Yinson, Favelle Favco, Deleum, Advancecon, Spring Energy Resources, Key ASIC, Globetronics, SCIB, Ancom and Nylex.
8:15 AM Airlines brace for early 'long lines' when U.S. lifts travel restrictions
8:07 AM Production delays, shipping logjams complicating efforts to get computers for...
7:55 AM U.S. announces international crackdown on DarkNet opioid trafficking
7:50 AM Astino prepared for an uptrend reversal, says RHB Retail Research
ASTINO -2.8%,
7:49 AM Tasco poised to rise higher, says RHB Retail Research
TASCO -3.6%,
7:31 AM U.S. FDA advisers back Pfizer/BioNTech COVID-19 vaccine for children
7:17 AM Hong Kong rejects pleas from global banks to scrap zero-Covid plan

HONG KONG: The government will stick to its “zero infection” strategy on Covid-19, rebuffing a plea from global banks for the city to ease its strict quarantine policy and set a clearer time-line for a return to normal or risk its status as a centre for international business.
7:17 AM BoJ to defy global rate hike trend, cut price outlook

TOKYO: The Bank of Japan (BoJ) is set to maintain its massive stimulus programme tomorrow and slash this year’s inflation forecast in a sign it has no intention to follow other central banks eyeing exits from crisis-mode policies.
7:17 AM Indian stocks get to shine

NEW DELHI: China’s darkening supply-chain clouds have brought a silver lining to some lesser-known Indian stocks, in particular those which stand to benefit from expanding global supplier lists as well as the nation’s efforts to create worldwide champions.
7:17 AM Sime unit invests RM120mil in new 4S Centre

KUALA LUMPUR: Sime Darby Bhd’s automotive division, Sime Darby Motors via its subsidiary Sime Darby Auto Bavaria Sdn Bhd, is investing about RM120mil in an Auto Bavaria 4S Centre in Balakong, Selangor.
SIME 0%,
7:17 AM Close competition for top spots in EEA 2021

PETALING JAYA: It was tough deciding on the finalists for the top spots in the Export Excellence Awards (EEA) 2021, say judges at the second round of judging for the awards programme.
7:17 AM Endemic boost for industry

PETALING JAYA: The gaming sector’s earnings is set to rebound in the current quarter till 2022 as the country will start treating Covid-19 as an endemic disease by end of the month.
GENM +1.3%, GENTING +1.6%, MAGNUM +2.4%, BJTOTO +1.0%,
7:17 AM Healthcare division to steer UEM Edgenta’s growth

PETALING JAYA: Asset management and infrastructure solutions company UEM Edgenta Bhd is expected to still report weak results in the upcoming quarter but its longer-term outlook is positive.
EDGENTA +1.6%,
7:17 AM TM expects new emerging technology to drive capex

PETALING JAYA: Telekom Malaysia Bhd (TM) will continue to invest 14%-18% of its revenue this year in capital expenditure (capex) despite lower spending in the first half of the year (H1).
TM 0%,
7:17 AM Taiwan seen growing 4% in Q3 on pandemic hit

TAIPEI: Taiwan’s trade-reliant economy is expected to have expanded at a slower pace in the third quarter due to the island’s Covid-19 outbreak, a Reuters poll showed, though supported by export growth and healthy global demand for semiconductors.
7:17 AM Solid earnings outlook for Axis-REIT, thanks to acquisitions

PETALING JAYA: The earnings outlook for Axis-REIT Managers Bhd is expected to remain resilient given the group’s active acquisition strategy on industrial assets.
AXREIT -0.5%,
7:17 AM Sunseap explores solar farms in Indonesia

SINGAPORE: Companies led by Singapore’s Sunseap Group signed a memorandum of understanding (MoU) to develop solar power systems in the neighbouring Riau islands of Indonesia to provide electricity for the city-state, Sunseap said.
7:17 AM Sunway Malls ventures into digital space

PETALING JAYA: Sunway Malls sees its newly launched Sunway eMall as a complementary component to its physical presence and is growing in importance following the Covid-19 pandemic.
SUNWAY -0.6%,
7:17 AM Bank of Korea plays down weaker growth

SEOUL: South Korea’s central bank played down a virus-induced slowdown in growth, saying the economy’s recovery remains on course, potentially signalling its plans to push ahead with an interest-rate increase.
7:17 AM Freight outlook still positive

DUBAI: Dubai ports giant DP World expects growth in shipping freight container volumes to moderate in the next quarter after volumes handled rose 8.1% in the third quarter.
7:17 AM Tesla’s big order win boosts Asia EV stocks

NEW YORK: Asian electric vehicle (EV)-related stocks jumped yesterday after a blockbuster order for Tesla Inc and a spinoff at BYD Co stoked optimism about the sector a day before battery giant Contemporary Amperex Technology Co reports earnings.
7:17 AM Singapore to launch standards for renewable energy certificates

SINGAPORE: Singapore plans to launch standardised guidelines for renewable energy (RE) certificates, part of efforts to decarbonise its power sector and develop a regional grid, a minister said yesterday.
7:17 AM Providing support for economic growth

PETALING JAYA: Budget 2022, which will be tabled in the parliament on Friday, is expected to remain expansionary, as the government seeks to support Malaysia’s economic growth.
7:17 AM Homing in on unresolved issues

KUALA LUMPUR: Property associations and players are hopeful that the government will announce key measures under Budget 2022 that can address and resolve perennial issues that have been a strain on the market.
6:21 AM Building critical skills and competencies to be top priority in 2022 for HR...
5:59 AM Visa beats profit estimates on travel, online spending boom
5:53 AM Twitter avoids revenue hit from Apple privacy changes
5:51 AM Robinhood shares drop below IPO price in after-market trading on crypto slowdown
5:49 AM Microsoft results bolstered by pandemic cloud computing and gaming
5:46 AM Global equities edge higher on upbeat earnings
5:43 AM Wall Street closes at record but Facebook weighs
2:59 AM Floods remains one of the main natural disaster losses, says ASEAN Insurance...
2:17 AM S&P 500 hits record high on tech strength, earnings cheer
1:34 AM Key ASIC to develop 14nm chips for automotive, available in mid-2022
KEYASIC +5.0%,
1:31 AM Malaysia needs to boost talent pool in tech field to drive Islamic fintech,...
12:35 AM Petronas to build Sabah's first nearshore LNG facility at SOGIP, says chief...
Tue, 26 Oct 2021
11:36 PM Bursa Malaysia approves CTIB's LEAP Market delisting application
10:54 PM Axiata appoints Thomas Hundt as group strategy and technology chief

KUALA LUMPUR: Axiata Group Bhd has appointed Thomas Hundt as group chief strategy & technology officer with immediate effect.
AXIATA -0.5%,
10:51 PM Sime Darby, CTOS, Unisem, Advancecon, Padini, Berjaya Food, OM Holdings,...
SIME 0%, CTOS -1.0%, UNISEM +0.5%, ADVCON 0%, PADINI -1.6%, BJFOOD -0.5%, OMH -1.6%, FAVCO 0%, YINSON -1.2%, MHC +1.9%, DELEUM 0%, ANCOM -0.7%, GTRONIC -1.9%, BURSA +0.9%, AJIYA -1.6%, MESTRON +1.5%, SCIB -28.4%,
10:40 PM Democrats' new tax target is US$5 trillion in billionaire wealth
10:28 PM Axiata names Thomas Hundt as new group chief strategy and technology officer
AXIATA -0.5%,
10:18 PM Bursa rejects SCIB's request for extension of time to issue annual report
SCIB -28.4%,
10:14 PM Evening 5: Five things you need to know today
9:45 PM IOI Corp extends tender offer settlement date for US$600m notes
IOICORP -1.2%,
9:30 PM UK energy market failures will cost every single household
9:15 PM Roger Ng's US trial postponed; unclear when he will return to face charges in...
9:11 PM Mestron eyes 30% of orders for towers under JENDELA's Phase One
MESTRON +1.5%,
8:32 PM SCIB says will miss month-end deadline to submit annual statement, shares risk suspension

KUALA LUMPUR: Sarawak Consolidated Industries Bhd said it won't be able to meet the month-end deadline to submit its audited financial statement and annual report for year ended June 30, 2021.
SCIB -28.4%,
8:30 PM Japan start-up targets supercar users with US$680,000 hover-bike
8:21 PM Sime Darby Property launches Hamilton City in Nilai as part of Malaysia Vision...
8:16 PM China plans limits on coal prices in fix for energy crisis
8:11 PM Ajiya 3Q net profit falls 32% due to lockdown restrictions
AJIYA -1.6%,
8:08 PM

Key Asic to design chips, IP to cater the auto sector
KEYASIC +5.0%,
8:08 PM Aramco warns world’s spare oil supplies are falling rapidly
8:00 PM China urges Evergrande founder to pay debt with personal wealth — sources
7:56 PM Bursa Malaysia disposes of remaining shares in CME Group for RM68m
CME -11.1%, BURSA +0.9%,
7:54 PM Big Oil is about to post highest cash flow in more than 13 years

(Bloomberg) -- The Western world’s biggest oil companies likely just generated more cash than at any time since the Great Recession, and investors are about to find out what they’ll do with it.
7:50 PM No end in sight for labor shortages as U.S. companies fight high costs
7:49 PM KLCI listless while awaiting Friday’s Budget announcement
7:48 PM Favelle Favco units bag contracts worth RM37.1mil

KUALA LUMPUR (Bernama) -- Favelle Favco Bhd (FFB) announced that four of its subsidiaries have secured purchase orders with a combined value of about RM37.1 million.
7:25 PM Globetronics 3Q net profit slips nearly 10% y-o-y, but more than doubles q-o-q
GTRONIC -1.9%,
7:20 PM

Digital Penang in tripartite pact for first Hackathon
7:18 PM Ancom shareholders approve takeover of Nylex assets, liabilities
ANCOM -0.7%, NYLEX -3.8%,
7:11 PM Deleum bags two contract extensions from Petronas Carigali
7:02 PM MHC Plantations 3Q net profit more than doubles on record revenue
MHC +1.9%,
6:40 PM Yinson pairs up with GreenTech to accelerate development of EV charging...
YINSON -1.2%,
6:28 PM ASEAN should ratify RCEP soon to boost economic recovery, says Singapore PM Lee
6:26 PM

Economists expect an expansionary budget
6:25 PM Oversea Enterprise warrants see record trading volume
OVERSEA -5.0%,
6:15 PM IGB REIT 3Q net property income falls 43% y-o-y; declares DPU of 1.18 sen
6:13 PM

Ancom obtains shareholders approval to acquire all assets, liabilities of Nylex for RM179.3mil
ANCOM -0.7%, NYLEX -3.8%,
6:02 PM Globetronics posts lower Q3 earnings

KUALA LUMPUR: Globetronics Technology Bhd's earnings declined in the third quarter due to "lower volume loadings from certain customers" and cautioned that the Covid-19 uncertainties may impact its financial results. 
GTRONIC -1.9%,
5:55 PM Singapore to open travel lanes with Australia, Switzerland
5:52 PM Follow this to Avoid the False Breakout — SKPRES Price Action Analysis
SKPRES +1.6%, SKPRES-WB +7.1%,
5:51 PM Inflation expectations hit new seven-year high, shooting past ECB target
5:47 PM Dewan Negara approves Windfall Profit Levy (Amendment) Bill 2020
5:43 PM Favelle Favco secures RM37.1m purchase orders
5:42 PM Big Oil about to post highest cash flow in more than 13 years
5:38 PM Southeast Asian nations tout green power links ahead of COP26
5:37 PM Each day without climate action is 'a day wasted' — UK's Attenborough
5:30 PM Marketmind: Trillion-dollar Tesla
5:22 PM KLCI ends lower as investors wait on the sidelines

KUALA LUMPUR: The FBM KLCI ended lower on Tuesday as cautious sentiment weighed on buying patterns amid lack of catalyst.
5:21 PM Applications to strike out Jamaluddin Jarjis’ mother’s fraud suit, RM21m claim...
5:16 PM US billionaire tax proposal seems to unite Democrats — but will it work?
5:10 PM Chip shortage drags down sales at car parts maker Faurecia
5:01 PM Disciplinary panel had no power to amend charge against 1MDB auditor, court told
5:00 PM Developments at Seni Jaya attract attention
SJC 0%,
4:58 PM Bursa healthcare gauge sees steepest drop among indices as investors shy away...
HARTA -1.9%, KOSSAN 0%, TOPGLOV -2.2%, SUPERMX -1.0%,
4:52 PM

Islamic finance can be mainstream investment alternative due to ESG compliance
4:47 PM

BNM, BOT expands ringgit-baht settlement framework
4:44 PM

Yinson partners GreenTech to speed up EV charging infrastructure
YINSON -1.2%,
4:40 PM Starbucks to have near-complete presence in Malaysia by end-2021 with new...
4:29 PM

Mestron Holdings aims to secure 180 telecommunication towers in Sawarak under JENDELA initiative
MESTRON +1.5%,
4:28 PM China stocks end lower as property firms drop on tax scheme plans

SHANGHAI: China stocks closed lower on Tuesday, pulled down by property shares as sustained worries over a planned pilot real-estate tax scheme dented home-buyer sentiment and risk appetite.
4:28 PM Zuraida: Oil palm plantation sector to get 32,000 foreign workers with strict...
4:22 PM Dutch pension fund ABP to sell $17.5 bln of fossil fuel assets

AMSTERDAM: Dutch pension fund ABP, one of the world's largest, will divest 15 billion euros ($17.5 billion) of investments in fossil fuel producers by 2023, it said on Tuesday, citing concern over global warming.
4:17 PM InvestPenang, HSBC ink MoU to attract high-quality investment

GEORGE TOWN: InvestPenang and HSBC Bank Malaysia Bhd (HSBC) have inked a memorandum of understanding (MoU) to focus on bringing high-quality foreign direct investments into Penang and Malaysia, while tapping into each party’s comparative advantage as leverage.
4:01 PM Yinson partners GreenTech to speed up EV charging infra in Malaysia

KUALA LUMPUR: Yinson Holdings Bhd unit Yinson Green Technologies (M) Sdn Bhd, has signed a term sheet with GreenTech Malaysia Alliances Sdn Bhd (GTMA) to speed up the development of electric vehicle (EV) charging infrastructure in Malaysia.
YINSON -1.2%,
4:00 PM Laggard Elsoft awaits its moment to shine
3:47 PM YouTube, TikTok defend teen privacy plans amid Facebook scrutiny
3:38 PM CIMB wins 17 awards for treasury solutions across region

KUALA LUMPUR: CIMB Group was once again recognised, for excellence in its suite of treasury offerings, in two sets of awards at the local and regional banking sectors.
CIMB +0.6%,
3:30 PM Chinese developer Modern Land defaults; property shares drop

HONG KONG/SHANGHAI: Modern Land has missed a bond payment, the latest Chinese property developer to do so, adding to worries about wider effects of the debt crisis at behemoth China Evergrande Group and dragging on shares in the sector.
3:30 PM Malaysia preps post-pandemic budget with eye on possible polls next year
3:20 PM

edotco Malaysia hands over 113 Jendela infrastructure to MCMC
AXIATA -0.5%,
3:18 PM OM Holdings' sarawak plant records higher 3Q production volumes
OMH -1.6%,
3:17 PM Shafee’s lawyers object to 33 paragraphs of key witness' testimony in RM9.5m...
3:15 PM

"Premature to release Serba Dinamik's special independent review"
3:01 PM Oil drops ahead of stocks data, Iran talks

TOKYO: Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to sustain a rally driven by strong demand in the United States, the world's biggest consumer of oil and its products.
3:00 PM Maxis readies war chest as Jendela and 5G rollouts intensify
MAXIS -0.2%,
2:47 PM Oil drops ahead of stocks data, Iran talks
2:43 PM Stocks rally in Asia, China property sector worries dampen sentiment

HONG KONG: Asian stocks largely rallied on Tuesday, following Wall Street's record highs overnight, though fresh worries about China's property sector weighed on investors' sentiments.
2:37 PM Australian shares end flat as gold, energy stocks weigh
2:33 PM UBS logs highest quarterly profit in six years on fee bonanza from the wealthy
2:28 PM

eBay calls for 2022 Budget to provide financial incentives for SMEs
2:28 PM Homeowners sell off extra units following China’s property tax pilot plan —...
2:23 PM Clothes retailer Padini cautiously optimistic, monitoring opportunities abroad...
PADINI -1.6%,
2:13 PM

Jaguar Land Rover to consolidate retail business, invest more in digitalisation initiatives
2:13 PM Stocks rally in Asia, China property sector worries dampen sentiment
2:11 PM Orange's quarterly profits stumble on lower co-investment deals
2:10 PM InvestPenang inks MoU with HSBC Malaysia to attract high-quality FDIs
2:02 PM MACC nabs 16 company directors for alleged embezzlement of govt grants
2:00 PM Insider Moves: Axteria Group Bhd, Frontken Corp Bhd, Kejuruteraan Asastera Bhd...
AXTERIA -2.2%, FRONTKN -0.3%, KAB -6.5%, KUB +2.0%, CTOS -1.0%, COASTAL +3.3%,
2:00 PM Bank Islam embarks on new growth phase grounded on ESG
BIMB -0.6%,
1:56 PM Another Chinese property developer defaults, shares drop
1:51 PM Indian shares edge higher on metal, IT stocks; CEAT falls
1:49 PM Advancecon to acquire 51% stake in quarry operator
1:41 PM UEM Edgenta, Iqzan, CJ Century, Chin Hin, China Ouhua Winery, Kuchai, RCE...
EDGENTA +1.6%, IQZAN 0%, CJCEN -4.8%, CHINHIN -5.1%, CNOUHUA -4.8%, KUCHAI +1.0%, RCECAP -0.3%, SIGN -3.7%, WZSATU -5.3%,
1:29 PM Bank Negara, Bank of Thailand expand currency settlement framework

KUALA LUMPUR: Bank Negara Malaysia and the Bank of Thailand (BOT) have further expanded the ringgit-baht settlement framework Dec 1, 2021.
1:28 PM Unisem 3Q net profit falls 21% on lower revenue from Ipoh operations; declares...
UNISEM +0.5%,
1:22 PM Rise in human bird flu cases in China shows risk of fast-changing variants-...
1:20 PM Affin Bank shares down at noon
AFFIN -0.6%,
1:19 PM Novartis more bullish on Cosentyx, Entresto sales as Q3 profit rises
1:17 PM Unisem posts lower 3Q net profit of RM40.27mil, div of 2c/share

KUALA LUMPUR: Unisem (M) Bhd posted a 20.63% lower net profit of RM40.27mil in the third quarter ended Sept 30, 2021, as compared to RM50.74mil in the previous corresponding quarter on the back of lower revenue at its Ipoh operations.
UNISEM +0.5%,
1:12 PM Hyundai Motor's Q3 profit misses estimates as chip shortage takes a toll
1:06 PM China's mystery 'authoritative person' resurfaces to explain crackdowns
1:02 PM

Sime Darby invests over RM120mil on new BMW centre
SIME 0%,
1:02 PM Hong Kong rejects pleas from global banks to scrap zero-Covid-19 strategy
1:00 PM

Covid-19 raises need to have insurance protection, says Zurich Malaysia survey
12:56 PM Research firms maintain 'buy' call on TM following plan to modernise network
TM 0%,
12:54 PM Subdued trading as investors await fresh catalysts

KUALA LUMPUR: The FBM KLCI remained subdued, en route to a fourth day of profit-taking as investors stayed on the sidelines ahead of the tabling of Budget 2022.
12:54 PM Bursa remains lower at midday
12:48 PM Malaysia, Thailand expand local currency settlement framework
12:38 PM Khazanah unit MTDC invests in Poladrone
12:32 PM Rakuten Card starts new systems development subsidiary in Vietnam
12:30 PM Sime Darby invests RM120m in new Balakong 4S Centre

KUALA LUMPUR: Sime Darby Bhd’s automotive division, Sime Darby Motors, via its subsidiary Auto Bavaria Sdn Bhd (Auto Bavaria) is investing more than RM120mil in a Auto Bavaria Balakong 4S Centre, located along the SILK highway in Selangor.
SIME 0%,
12:29 PM Malaysia supports decision by ASEAN chair on Myanmar summit attendance
12:24 PM Australia's Crown branded 'disgraceful', gets two years to fix Melbourne casino
12:21 PM Moderna says its Covid-19 vaccine protective, safe in young children
12:20 PM Xi's not there? COP26 hopes dim on Chinese leader's likely absence
12:19 PM Gold eases on dollar uptick as investors look for central bank policy cues
12:16 PM Oil takes breather after latest charge amid tight market
12:10 PM China's Vice Premier Liu He speaks with US Treasury Secretary Yellen
12:02 PM World’s richest person Elon Musk is now worth more than Exxon
11:55 AM CCRIS suspension: CTOS submitted assessment report on Oct 18, awaiting BNM...
CTOS -1.0%,
11:44 AM Sime Darby invests over RM120m in Balakong BMW 4S dealership
SIME 0%,
11:40 AM Russian hackers targeting global technology supply chains, says Microsoft
11:27 AM More than a third of Malaysians do not have any personal insurance protection,...
11:13 AM CI Holdings falls on final dividend ex-date
CIHLDG -2.4%,
10:57 AM Singapore to launch standards for renewable energy certificates
10:55 AM Seoul court fines Samsung leader Lee for unlawful sedative use - Yonhap
10:42 AM Fintech a key enabler in economic recovery

KUALA LUMPUR: The Securities Commission will seek to drive greater adoption of digital capability to enhance capital formation efficiencies and increase investor participation in the capital market.
10:34 AM Asia stocks catch Wall St cheer but China caps gains
10:32 AM Singapore's Sunseap explores developing 7-GWp solar farm in Indonesia
10:32 AM Meaningful capital appreciation seen for gaming sector with casino sub-sector...
GENM +1.3%, GENTING +1.6%, MAGNUM +2.4%, BJTOTO +1.0%,
10:28 AM

Fintech a key enabler to rebuild Malaysian economy: the SC
10:18 AM Crypto firm Terraform reveals SEC subpoena — as it sues SEC
10:17 AM Quick take: GUH shares hit highest in over three years

KUALA LUMPUR: GUH Holdings Bhd is the second most actively traded counter with over 28.2 million shares done in early trade Tuesday.
GUH -6.3%,
10:17 AM Ringgit opens lower on absence of market catalysts

KUALA LUMPUR: The ringgit opened easier against the greenback on Tuesday, on a lack of market catalysts, said a dealer.
10:13 AM SC: Over RM16b in cryptocurrencies, digital assets traded in Malaysia as at...
10:10 AM

Half a million people log in to QNET's convention opening
9:56 AM

Ringgit opens lower versus USD
9:53 AM

Bursa Malaysia opens slightly higher
9:45 AM Logitech quarterly sales rise on work-from-home boom
9:43 AM Facebook, YouTube take down Bolsonaro video over false vaccine claim
9:41 AM

Maybank to move part of operations at HQ to i-City
MAYBANK +0.5%, IBHD 0%,
9:40 AM Indonesia sees Q3 GDP growth at 4.5% y/y, warns of future headwinds
9:38 AM Bursa remains weak as Budget jitters weigh

KUALA LUMPUR: The domestic market continued to slip on Tuesday as investors counted down the days to Budget 2022 and opted to take profit on the side of caution.
9:36 AM

Axis Reit's Venice acquisition a yield accretive: HLIB
AXREIT -0.5%,
9:36 AM S.Korea's Q3 GDP miss forecasts, supply disruptions add pressure
9:33 AM Quick take: Genetec rises after on bonus issue, higher earnings

KUALA LUMPUR: Genetec Technology Bhd climbed higher in early trade Tuesday after its net profit jumped six fold in the second quarter ended Sept 30.
GENETEC -2.5%,
9:32 AM

Weak Q1 for Bonia but stock is good recovery play, says Affin Hwang
BONIA -0.6%,
9:24 AM Ringgit opens lower against US dollar
9:18 AM Malindo Air downsizing shakes things up

KUALA LUMPUR: Malindo Air's downsizing of its Malaysian fleet will have a spillover effect on local aviation players, eight years after it first disrupted the local industry by setting up operations here.
9:17 AM Trading ideas: Serba Dinamik, PetGas, Annum, Southern Cable, Cabnet

KUALA LUMPUR: Serba Dinamik Holdings Bhd, Petronas Gas Bhd, Annum Bhd, Southern Cable Group Bhd and Cabnet Holdings Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
SERBADK 0%, PETGAS +0.1%, ANNUM 0%, SCABLE -3.4%, CABNET +3.3%,
9:13 AM Bursa Malaysia opens slightly higher
9:07 AM Australia shares rise as tech stocks track Wall Street strength
8:59 AM What you need to know about the new U.S. international air travel rules
8:56 AM U.S. TSA issues just 10 passenger fines for mask-related penalties - lawmakers
8:53 AM Southeast Asian leaders hold summit, excluding Myanmar coup leader
8:50 AM Measures to prevent Covid-19 spike during Melaka election among focus in...
8:46 AM Directionless trend looks to continue over the near term, says Inter-Pacific
8:41 AM SIRIM Trusted Mark: Building credibility in the online marketplace

​​​​​​​ACCORDING to analytics website eCommercedb, the Malaysian e-commerce market in 2020 achieved a revenue of US$4bil, making it the 38th largest in the world.
8:10 AM Oil prices reach multi-year highs on tight supply

NEW YORK: Oil prices reached multi-year highs on Monday before steadying, as tight global supply and strengthening fuel demand in the United States and beyond supported prices.
8:06 AM COVID-19 challenges 'disadvantage' smaller nations in COP26 climate talks
8:05 AM Tesla zooms past US$1 trillion market cap on bet that the EV future is now

BENGALURU/ WASHINGTON: Tesla Inc surpassed $1 trillion in market value on Monday after landing its biggest-ever order from rental car company Hertz, a deal that reinforced the electric car leader's ambitions to top the entire auto industry in sales over the next decade.
8:02 AM Biden to join ASEAN summit Trump skipped after 2017
7:59 AM S&P 500, Dow close at new highs as Facebook starts heavy earnings week

NEW YORK: The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.
7:59 AM SK Hynix posts its highest quarterly profit since 2018 on solid chip demand
7:41 AM Banks seen as key partners in promoting retirement products in Asia, says...
7:20 AM Budget 2022 wishlist: Government should rethink tax to boost digital healthcare...
7:18 AM SPAC linked to Trump social media venture edges lower as short seller targets
7:17 AM Ban may affect Supermax earnings

KUALA LUMPUR: Supermax Corp Bhd has cautioned that there could be a material adverse impact on its financial performance should efforts to divert its US glove shipments to other markets are unsuccessful.
SUPERMX -1.0%,
7:17 AM CEKD earnings up on new orders

PETALING JAYA: Recently listed CEKD Bhd saw its net profit rise to RM6.30mil for the financial year ended Aug 31, 2021 (FY21) from RM6.04mil in FY20.
CEKD +1.6%,
7:17 AM Antitrust efforts to protect private companies

BEIJING: Most Chinese private enterprises are upbeat about the country’s business prospects in the fourth quarter, as China’s strengthening antitrust efforts are expected to drive a fair and more competitive market, an official said.
7:17 AM Crypto ETFs send bitcoin soaring but people are worried

WHAT a week for crypto enthusiasts! The bad news is that CryptoEats, the “crypto-based UberEats alternative” that some people (including British reality TV star Joey Essex) were excited about, has disappeared after its launch token sale.
7:17 AM Improving exports of merchandise

KUALA LUMPUR: The newly launched National Trade Blueprint (NTBp) by Prime Minister Datuk Seri Ismail Sabri Yaakob aims to position Malaysia as a dynamic and pre-eminent trading nation through sustainable export development.
7:17 AM China manufacturers save supply chains’ blushes

BEIJING: As the world’s economy looks forward to staging a full recovery after being savaged for nearly two years by the impact of Covid-19, perhaps a whole chapter in history will likely be devoted to the valiant, relentless but little recognised role played by China’s manufacturers in ensuring such a recovery was possible in the first place, experts said.
7:17 AM Experian’s access to CCRIS restored

KUALA LUMPUR: Bank Negara restored Experian Information Services (M) Sdn Bhd’s access to the Central Credit Reference Information System (CCRIS) effective yesterday after a temporary suspension on Sept 30.
7:17 AM Commodities come to the rescue

PETALING JAYA: Although the government is in a tight fiscal position, higher collection of commodity-related revenues and new sources of income would enable it to fund an expansionary budget to support recovery efforts next year.
7:17 AM Annum plans tie-up with Greentech for Sarawak job

PETALING JAYA: Annum Bhd has proposed to partner Greentech IOT Technology Sdn Bhd to undertake subcontract works for the Sarawak water supply grid programme worth RM62.25mil.
7:17 AM Singapore selects YTL Power

SINGAPORE: YTL PowerSeraya Pte Ltd (YTLPS), a unit of YTL Power International Bhd, has been appointed for a two-year trial to import 100 megawatts (MW) of electricity from Peninsular Malaysia.
YTLPOWR +0.7%,
7:17 AM Posco Chemical to expand EV footprint

SEOUL: Posco Chemical will supply cathodes and anodes, two crucial components of electric vehicle (EV) batteries, to Norwegian battery manufacturer Morrow Batteries, accelerating its push to expand its footprint in the European market.
7:17 AM JGB yields rise as investors weigh BoJ meeting

SINGAPORE: Japanese government bond (JGB) yields rose yesterday, extending last week’s run despite a softening in US Treasury yields, as traders weighed the odds of heavier issuance and an upcoming central bank meeting.
7:17 AM HSBC surprises with 74% rise in Q3 profit

SINGAPORE: HSBC Holdings reported a 74% rise in third quarter profit, beating market expectations, as the Asia-focussed bank released cash set aside for expected bad loans that have not materialised.
7:17 AM Electronics industry growing despite Covid-19

HANOI: Vietnam’s electronics industry, an increasingly important sector of the country’s economy, continues to grow despite the negative impact of the Covid-19 pandemic, according to the Ministry of Industry and Trade.
7:17 AM S. Korea to enhance efficacy of lending rules

SEOUL: South Korea will unveil measures to curb household debt in a way that “strikes a balance” between toughening lending rules based on borrowers’ repayment capability and protecting those in actual need of loans for home rentals, according to the head of the country’s financial regulator.
7:17 AM More M&As seen in healthcare industry

PETALING JAYA: The healthcare sector is set to see a rise in corporate activities such as mergers and acquisitions (M&As) as economic recovery picks up.
SUNWAY -0.6%, IHH +0.6%, KPJ -0.9%, EDGENTA +1.6%,
7:17 AM Lift for air cargo traffic

KUALA LUMPUR: Air cargo traffic continues to show improvement as demand for goods increases in line with the growth in e-commerce.
7:17 AM Short-term downside pressure on Hup Seng

KUALA LUMPUR: Following health and safety concerns expressed by the Hong Kong Consumer Council (HKCC) over Hup Seng Industries Bhd’s crackers, there is expected to be downside pressure on the group’s share price in the short term, says TA Securities Research.
7:17 AM Yinson plans up to RM1bil Islamic MTN

KUALA LUMPUR: Yinson Holdings Bhd plans to set up an Islamic medium-term notes (MTN) programme of up to RM1bil for working capital, refinancing of existing financing and borrowings.
YINSON -1.2%,
7:17 AM Sale of Thai unit won’t hurt Petronas Dagangan

PETALING JAYA: Petronas Dagangan Bhd’s (PetDag) proposed divestment of its entire stake in Petronas International Marketing (Thailand) (PIMTCL) is not expected to have any impact on its financial performance.
PETDAG +2.3%,
7:17 AM Subsidies help ease inflationary impact

PETALING JAYA: After a subdued 2020, inflationary pressure is picking up steam this year, although government subsidies for RON95 petrol and diesel have helped to soften the impact.
7:17 AM Palm oil facing a supply crunch

KUALA LUMPUR: Palm oil production in Malaysia is on course for its weakest showing in five years as planters grapple with the worst-ever labour shortage, and the low yields are likely to last through March.
7:17 AM Initiative to improve the labour market

KUALA LUMPUR: The publication of the big data analysis by the Statistics Department is a relevant initiative to improve the efficiency of the labour market in the country, according to Minister in the Prime Minister’s Department Datuk Seri Mustapa Mohamed.
7:17 AM Good news for planters

PETALING JAYA: The return of foreign workers soon will help ease the labour shortage that has plagued the plantation sector.
7:17 AM Italy, UniCredit fail to clinch Monte dei Paschi rescue deal

MILAN: Italy on Sunday ended talks with UniCredit over the sale of Monte dei Paschi di Siena (MPS) in a major setback to years-long efforts by the Rome government to return the ailing Tuscan bank to private hands.
7:17 AM Erdogan’s latest row with the West deals a blow to lira

ISTANBUL: Turkey’s latest diplomatic spat gave currency traders another reason to sell the struggling lira, which dropped as much as 1.5% in early Asia trading yesterday amid thin liquidity.
7:17 AM Brent oil rises above US$85 as Saudi Arabia vows caution on supply

NEW YORK: Oil advanced above US$85 (RM353) a barrel after Saudi Arabia said that the Organisation of Petroleum Exporting Countries (Opec) alliance should maintain its cautious approach to managing global crude supplies given the threat to demand still posed by the pandemic.
7:17 AM Yellen expects high inflation through mid-2022 before easing

LOS ANGELES: Treasury Secretary Janet Yellen said she expects price increases to remain high through the first half of 2022, but rejected criticism that the United States risks losing control of inflation.
7:17 AM La Nina threatens to worsen energy crisis

NEW YORK: A weather phenomenon that typically delivers harsher winters is on the way and expected to add to Asia’s energy crisis.
7:17 AM Rogers family can’t decide on who has a seat on company’s board

NEW YORK: The family squabble at Rogers Communications Inc carried through the weekend, with Edward Rogers planning to convene a board meeting Sunday night with five people he says are new directors of the Canadian telecommunications company.
7:17 AM Icahn acts in the best interest of shareholders

NEW YORK: Billionaire Carl Icahn is calling on Southwest Gas Holdings Inc to first offer shares to existing shareholders, including himself, if it pushes ahead with selling up to US$1bil (RM4.15bil) in equity and equity-linked securities to help finance its takeover of pipeline company Questar.
7:15 AM Poh Kong in process of breaching above consolidation phase, says RHB Retail...
POHKONG -1.8%,
7:14 AM KUB Malaysia eyeing multi-year high, says RHB Retail Research
KUB +2.0%,
7:04 AM Remote workers show 70% higher performance, says Gartner
6:51 AM Amazon signs deal with British spy agencies to boost use of AI for espionage -FT
6:09 AM US lawmaker sees global role for cryptocurrency
5:58 AM Tesla zooms past $1 trillion market cap on bet that the EV future is now
5:56 AM Apple likely to face DOJ Antitrust suit- The Information
5:54 AM Facebook invests billions in metaverse efforts as ad business slows
5:52 AM Naomi Osaka-backed Sweetgreen's revenue surges ahead of NYSE listing
5:49 AM Equities gain, U.S. yields fall as positive earnings season kicks into gear
5:46 AM S&P 500, Dow close at new highs as Facebook set to start heavy earnings week
3:50 AM S&P 500, Dow hit new highs with heavy week of earnings on tap
1:43 AM MPIC continues to monitor anti-palm oil campaign, says minister
1:37 AM Takaful Ikhlas launches 'Nak Emas?' campaign
12:57 AM Heng Huat proposes acquisitions, diversification into property development
HHGROUP +3.7%,
12:19 AM Vincent Tan to oversee Bosnian football club FK Sarajevo
Overview Market Search portfolio More
Overview Market Search Portfolio More
Recently Viewed