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Business
Trump to again push deadline on TikTok sale or divestment, source says
WASHINGTON: The Trump administration is expected to again extend a September 17 deadline for China's ByteDance to divest the U.S. assets of short-video app TikTok or shut it down, a source familiar with the matter told Reuters.
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Markets
Stocks hesitate in Asia with a lot riding on the Fed
SYDNEY: Stocks got off to a quiet start in Asia on Monday ahead of an action-packed week that is seemingly certain to see the U.S. Federal Reserve resume its easing cycle, and perhaps leave the door wide open to a series of cuts.
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Commodities
Domestic gold demand still shines
PETALING JAYA: Gold prices are expected to continue rising through the rest of this year on a combination of uncertainty over US government trade policy, high debt levels and market bets over lower benchmark US interest rates.
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Business
Jakarta pushes Danantara in fertiliser plan
JAKARTA; The House of Representatives has proposed that state asset fund Danantara play a pivotal role in overhauling the subsidsed fertiliser system through strategic investment in factories to curb import dependency.
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Property
Residential market outlook set to brighten
PETALING JAYA: The residential market is expected to remain resilient "but selective" in the second half of the year (2H25), as affordable and strategically located projects are set to continue recording healthy take-up.
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Insight
Budget 2026: Reforming with clarity, empowering with simplicity
AS Malaysia prepares to unveil Budget 2026 – the fourth installment under the Ekonomi Madani framework, it is timely to reflect on the progress made and the aspirations ahead.
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Energy
Sarawak Energy to increase power generation
KUCHING: State-owned Sarawak Energy Bhd (SEB) is advancing pumped storage hydropower (PSH) studies as a central part of Sarawak's plans to expand power generation capacity to 15 gigawatts (GW) by 2035.
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Business
Legal framework needed as AI adoption rises
PETALING JAYA: The government is in the process of enhancing the legislative and regulatory infrastructure to manage data security issues in the face of rapid artificial intelligence (AI) adoption.
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Property
Gamuda stamps its mark in Singapore
PETALING JAYA: The market is viewing last Thursday's announcement of the provisional tender results of the 2.94 ha leasehold Chencharu Close land in Singapore's northern Yishun planned community where a consortium led by construction outfit Gamuda Bhd emerged the highest bidder as another move by the company to diversify through quick-turnaround projects (QTPs).
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Insight
Proton drives the country to a higher level
IT'S an exciting time to be in Tanjung Malim, a town in Perak, which is actually nearer to Kuala Lumpur than Ipoh as it is only 70 km north of Kuala Lumpur and 120 km south of Ipoh.
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Business
Miti vows to build high-tech careers for youth, says Tengku Zafrul
KUALA LUMPUR: The Investment, Trade and Industry Ministry (Miti) is intensifying efforts to drive systematic reindustrialisation in support of Malaysia's goal of becoming a high-income nation, says its minister, Tengku Datuk Seri Zafrul Abdul Aziz.
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Markets
IPO rules tweaked for easier big listings
MUMBAI: India's securities market regulator last Friday made it easier for very large private companies to go public in one of the world's top destinations for first-time share sales this year.
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Auto
China sets low auto sales target this year
SHANGHAI: China is targeting 32.3 million in vehicle sales in 2025, the country's industry ministry says, below the 32.9 million units projected for the year by the China Association of Automobile Manufacturers (CAAM).
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Technology
Probes targeting US semiconductor sector
BEIJING: China has launched two investigations targeting the US semiconductor sector ahead of planned talks between the two nations on trade and other issues.
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Business
Vietnam taps global expertise for railway project
HANOI: Embarking on the North–South high-speed rail project, Vietnam is drawing on international practices and advanced technologies to ensure the success of the unprecedented project.
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Economy
Fitch downgrades crisis-hit France
PARIS: Credit rating agency Fitch has downgraded France's sovereign credit score to the country's lowest level on record, stripping the eurozone's second-largest economy of its AA- status as it grapples with political crisis and ballooning debt.
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Analyst Reports
MyNews growth set to accelerate on better margins
PETALING JAYA: Stronger margins and improving profitability have reinforced confidence in MyNews Holdings Bhd's growth prospects, with research houses turning more bullish on the stock.
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Corporate News
Sainsbury’s in talks to sell Argos unit to JD.com
London: Britain's second-largest grocer J Sainsbury Plc is in talks to sell its general merchandise unit Argos to Chinese eCommerce firm JD.com Inc.
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Corporate News
Armani’s will sets stage for sale of fashion empire
MILAN: Late designer Giorgio Armani has instructed heirs to gradually sell the revolutionary fashion house he created 50 years ago or seek a market listing, his will says, setting off a race to control one of the world's best-known brands and a major shift for a company highly protective of its independence and Italian roots.
