Latest

1d ago

Insight
Hiring woes in picky job market

Malaysia's unemployment rate has always been low and often meets the economic definition of full employment.
1d ago

Insight
Can gold replace US dollar?

Wall Street pundits and investors are schizophrenic about the US dollar. The currency weakened after Moody's cut the US credit rating by one notch from Aaa (the highest rating) to Aa1, attributing the downgrade to the increasing fiscal deficit, as well as the rising interest rate costs on federal government debt.
1d ago

Insight
Dire degree of decline in real wages

A report by Permodalan Nasional Bhd Research Institute (PNBRI) highlights a concerning trend: While entry-level wages have generally increased over the past 25 years, the growth for tertiary graduates has lagged significantly.
1d ago

Insight
After tariffs, back to basics

Post Liberation Day, nations are in a 90-day window to negotiate the reciprocal tariffs imposed by the United States on them.
1d ago

Short Position
New measures to stop the rot

The Auditor-General recently said that all federal and state agencies, statutory bodies and government-linked companies (GLCs) must return any leaked or misappropriated funds.
1d ago

Star Biz7
Driving digital shift via redBus

Inter-city bus travel has come a long way in the last decade.
1d ago

Commodities
Oil prices gain on short-covering, nuclear talks

Oil prices gained on Friday as US buyers covered positions ahead of the three-day Memorial Day weekend amid worries over the latest round of nuclear talks between American and Iranian negotiators.
1d ago

Markets
Wall St falls as Trump tariff threats spark uncertainty

US stocks fell on Friday, notching a weekly loss, after President Donald Trump recommended 50% tariffs on European goods, reopening a new front in global trade tensions and unleashing a fresh wave of market uncertainty.
1d ago

Markets
Wall St Week Ahead: Nvidia earnings in focus

An earnings report from semiconductor giant and artificial intelligence bellwether Nvidia takes center stage for Wall Street in the coming week, as stocks hit a speed bump of worries over federal deficits driving up Treasury yields.
1d ago

Economy
How Trump's trade war is upending global economy

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.
1d ago

Corporate News
FGV to acquire full ownership in eight subsidiaries for RM229.75mil

KUALA LUMPUR: FGV Holdings Bhd will acquire full ownership of eight subsidiaries via share purchases totalling RM229.75 million from Koperasi Permodalan Felda Malaysia Bhd (KPF).
1d ago

Markets
Markets slump as Trump recommends 50% tariff on EU, targets Apple

LONDON: U.S. President Donald Trump said on Friday he is recommending a straight 50% tariff on goods from the European Union starting on June 1, saying the EU has been hard to deal with on trade.
1d ago

Corporate News
Apple to pay 25% tariff if phones not made in US, Trump says

U.S. President Donald Trump said on Friday that Apple would have to pay a 25% tariff if phones sold in the country were not made within its borders.
1d ago

Corporate News
Mitrajaya bags RM70mil construction contract in Langkawi

KUALA LUMPUR: Mitrajaya Holdings Bhd's (MHB) wholly-owned subsidiary, Pembinaan Mitrajaya Sdn Bhd, has secured a RM70 million contract for the construction of the main building and associated works for an eight-storey serviced apartment in Langkawi, Kedah.
1d ago

Corporate News
Paramount eyes RM1.5bil sales target for 2025

PETALING JAYA: Paramount Corp Bhd remains confident in achieving a sales target of RM1.5bil in 2025 underpinned by contributions from ongoing projects.
1d ago

Corporate News
Time Dotcom 1Q net profit rises to RM112.99mil

KUALA LUMPUR: Time Dotcom Bhd recorded a higher net profit of RM112.99 million in the first quarter ended March 31, 2025 (1Q 2025) from RM110.67 million in the same period last year.
1d ago

Corporate News
IJM Corp gets approval for RM1.4bil New Pantai Highway extension and toll restructuring

PETALING JAYA: IJM Corp Bhd has received approval from the Ministry of Works for the New Pantai Highway Extension and the toll restructuring for the existing New Pantai Highway.
1d ago

Corporate News
Allianz Malaysia 1Q net profit rises to RM211.69mil

KUALA LUMPUR: Allianz Malaysia Bhd's net profit rose by 11.5 per cent to RM211.69 million during the first quarter ended March 31, 2025 (1Q 2025), compared to RM189.83 million in the corresponding quarter last year, mainly due to higher profit contribution from both insurance segments.
1d ago

Forex
Ringgit ends higher against greenback amid continued concerns over us fiscal policy

KUALA LUMPUR: The ringgit closed higher against the US dollar and other major and regional currencies on Friday as the greenback remained weak amid continued concerns over US fiscal policy.
23 May 2025

Markets
Signature Alliance’s IPO shows strong demand with 1.12 times subscription rate

KUALA LUMPUR: Interior fitting-out specialist Signature Alliance Group Bhd's (SAG) has received a 1.12 times subscription rate for the public portion of its initial public offering (IPO).