Latest
-
Markets
China raises US$826mil in first green sovereign bond
China has raised six billion yuan or about US$826mil in its first-ever green sovereign bond sale, highlighting the country's ambitions to bolster its environmental credentials to investors.
-
Insight
Trump tariffs pile stress on ailing world economy
The latest round of US trade tariffs unveiled on Wednesday will sap yet more vigour from a world economy barely recovered from the post-pandemic inflation surge, weighed down by record debt and unnerved by geopolitical strife.
-
Insight
Companies face a new reality of chaos from American tariffs
Now that the United States has instituted broad tariffs worldwide, businesses will be forced to adjust – but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers.
-
Markets
Climate finance finds itself at a pivotal moment in history
It took little more than a month after Donald Trump's election last year for Goldman Sachs Group Inc to retreat from the banking industry's biggest climate coalition.
-
Economy
Positive impact on glove makers from US tariffs
Reciprocal tariff imposition by the United States may be neutral to positive for Malaysian glove makers in the short term.
-
Banking
Banks’ loan growth intact
The defensiveness of the banking sector will likely return to the spotlight amid macroeconomic concerns weighing down on other sectors.
-
Economy
RBA sees banks as resilient to chilling effect of US actions
US trade policies and nations' responses to them could have a "chilling effect" on global business investment and household spending, though Australia's financial system is well placed to weather such a storm, the central bank says in a half-yearly review.
-
Construction
Data centre projects to keep contractors busy
The robust pipeline of public infrastructure and data centre projects will keep players in the construction sector busy this year, despite recent headwinds that led to a heavy sell-down in construction stocks.
-
Nation
New taxes will strain national productivity, says FMM
PETALING JAYA: The Federation of Malaysian Manufacturers (FMM) is urging the government to postpone the introduction of new taxes due to the 24% tariff rate on Malaysian imports by the United States.
-
Corporate News
Finsbury Circus boost for IJM’s international property investment portfolio
IJM Corp Bhd's Finsbury Circus development in the United Kingdom represents substantial potential value uplift for the group as it has a high gross development value (GDV) of some RM2.4bil.
-
Forex
Ringgit stable against US dollar, closes higher
The ringgit, which faced pressure against the US dollar following United States President Donald Trump's announcements on global reciprocal tariffs, closed relatively stable yesterday, says an analyst.
-
Corporate News
China operations seen as a drag on Sime Darby
Affin Hwang Investment Bank has cut its financial year ending June 30, 2025 (FY25) to FY27 core earnings per share (EPS) estimates by 5% to 9% for Sime Darby Bhd, after revising its forecasts downward across the diversified group's key markets.
-
Corporate News
Concrete Engineering chairman Abdul Rahman resigns
Concrete Engineering Products Bhd has announced the resignation of its chairman, Abdul Rahman Siraj.
-
Corporate News
Ho Hup disposes of two properties
Ho Hup Construction Co Bhd is disposing of two properties in Bukit Jalil, Kuala Lumpur, to Premium Realty Sdn Bhd and Sensecube Sdn Bhd for a total of RM13mil.
-
Corporate News
PMW International eyes ACE Market listing to build new facility in Sarawak
PMW International Bhd is eyeing a listing on the ACE Market of Bursa Malaysia.
-
Corporate News
Mayu Global ED detained by Bukit Aman
Mayu Global Group Bhd's executive director, Tan Kim Hee, has been detained by Bukit Aman Police to assist in an ongoing investigation.
-
Corporate News
Pang Khang Hau is new Kimlun CEO
Kimlun Corp Bhd has redesignated executive director Pang Khang Hau as chief executive officer (CEO) effective May 1, 2025.
-
Corporate News
Verdant Solar eyes ACE Market listing
Verdant Solar Holdings Bhd is eyeing a listing on the ACE Market of Bursa Malaysia.
-
Corporate News
Tuju Setia bags RM264mil apartment deal
Tuju Setia Bhd has secured a contract from MKH Bhd for the development of a high-rise apartment project in Makhota Cheras, Selangor worth RM264mil.
-
Economy
Muted European outlook a challenge for chip firms
The challenging European semiconductor market outlook may represent some downside risk for local semiconductor companies, MIDF Research says.
