Energy

Oil slips as loadings resume at Russian hub; markets weigh sanctions impact

SINGAPORE: Oil prices fell nearly 1% on Tuesday as supply concerns eased with the resumption of loadings at a Russian export hub, which was briefly halted by a Ukrainian drone and missile strike, as traders continued to assess the impact of Western sanctions on Russian flows.

Corporate News

'Baby Shark' producer Pinkfong shares soar in South Korea after IPO

SEOUL: Shares of South Korean entertainment firm The Pinkfong Company, producer of the popular children's song "Baby Shark," surged more than 60% in their market debut on Tuesday.

Markets

Asian markets slide as tech valuations worry investors

SYDNEY: Asian stocks sagged to one-month lows on Tuesday with the heaviest selling in Japan and South Korea's tech-driven markets as earnings at chipmaker Nvidia loom later in the week as a test for valuations across the sector.

Commodities

Gold down for 4th day on firm dollar, easing Fed rate-cut bets

GOLD fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next month.

Corporate News

Sunway Property, Engie expand district cooling partnership

KUALA LUMPUR: Sunway Bhd's property arm Sunway Property has strengthened its collaboration with low-carbon energy and services provider Engie with the expansion of the Sunway Square district cooling system (DCS) partnership via their joint venture Engie-Sunway DCS Sdn Bhd. 

Aviation

Malaysia Airlines eyeing China jets

WHILE looking to ride on China's economic growth by further expanding its operations in the world's second-largest economy, Malaysia Aviation Group is also considering to purchase Chinese-made aircraft to support its ambition of becoming one of the world's top 10 airlines in the coming years, said an executive.

Cryptocurrency

Bitcoin drops below US$90,000 in sign of souring mood

SINGAPORE: Bitcoin slipped below US$90,000 for the first time in seven months on Tuesday in the latest sign that investor appetite for risk-taking is drying up across financial markets.

Business

Tengku Zafrul: Asean's neutrality offers viable platform for trade, investment with major economies

KUALA LUMPUR: Asean's neutrality offers a rare, viable platform for trade, technology collaboration and investment with all major economic players, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Corporate News

MFM posts almost fivefold jump in 3Q profit to RM35.8mil

KUALA LUMPUR: Malayan Flour Mills Bhd's (MFM) net profit surged almost fivefold to RM35.8mil in the third quarter ended Sept 30 (3Q25) compared with RM7.34mil a year earlier.

Forex

Anwar: Fiscal discipline has enabled ringgit to be top performer among Asian currencies

KUALA LUMPUR: Fiscal discipline and systematic management of the national economy have enabled the ringgit to record the best performance in all of Asia, according to Prime Minister Datuk Seri Anwar Ibrahim.

Markets

Broad-based weakness drags FBM KLCI lower at midday

KUALA LUMPUR: The FBM KLCI slipped deeper into the red at midday amid broad-based weakness on Bursa Malaysia.

Markets

Chubb Insurance Malaysia files for Malaysia IPO

SINGAPORE: Chubb Insurance Malaysia Bhd has filed for an initial public offering on Bursa Malaysia to sell 300 million existing shares, or 30% of its issued capital, via an offer for sale by its sole shareholder, Chubb INA International Holdings, according to a draft prospectus filed on Monday.

Business

Malaysia attracts RM285.2bil approved investments in 9M25

KUALA LUMPUR: Malaysia has attracted RM285.2 billion in approved investments from January to September 2025 (9M 2025), a 13.2 per cent year-on-year (y-o-y) increase against the same period in 2024.

Corporate News

Genting’s Resorts World to ask New York to reconsider casino tax rates after bid

RESORTS World, one of three bidders for a casino license in the greater New York City area, will ask the state to reconsider the company's tax proposal after offering to pay far more than two other possible projects, a person with knowledge of the matter matter said.

Corporate News

IOI Properties eyes REIT listings in Malaysia, Singapore with assets worth up to US$8bil, sources say

SINGAPORE: IOI Properties Group is exploring two real estate investment trust listings in Malaysia and Singapore, with a combined asset value of up to US$8bil, two sources with knowledge of the matter said.SINGAPORE: Malaysia's IOI Properties Group is exploring two real estate investment trust listings in Malaysia and Singapore, respectively, with a combined asset value of up to $8 billion, two sources with knowledge of the matter said.

Markets

PMW International makes flat debut on ACE Market

KUALA LUMPUR: PMW International Bhd's shares opened flat at 34 sen, matching its initial public offering (IPO) price of 34 sen on its debut on the ACE Market of Bursa Malaysia.

Energy

TNB: Soft and hardware needed to future-ready energy system

KUALA LUMPUR: A secure, future-ready energy system is not just about physical infrastructure; intelligence, connectivity and the people who power it are equally important, Tenaga Nasional Bhd's chief information officer Azlan Ahmad said.

Markets

FBM KLCI slips at open as Wall Street pullback weighs

KUALA LUMPUR: The FBM KLCI slipped at the opening bell on Tuesday, tracking the overnight pullback on Wall Street amid cautious sentiment.

Forex

Ringgit eases slightly against greenback, rises vs other major currencies

KUALA LUMPUR: The ringgit opened slightly easier against the US dollar this morning, reflecting a technical correction after its recent gains.

Markets

Trading ideas: Public Bank, CelcomDigi, Kitacon, LSH Capital, Infomina, AWC, Keyfield, 99 Speed Mart, TH Plantations

KUALA LUMPUR: Public Bank Bhd, CelcomDigi Bhd, Kumpulan Kitacon Bhd, Hibiscus Petroleum Bhd, Lim Seong Hai Capital Bhd (LSH Capital), Infomina Bhd, AWC Bhd, Keyfield International Bhd, 99 Speed Mart Retail Holdings Bhd and TH Plantations Bhd are among the stocks to watch on Tuesday.