Latest
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Markets
Trading ideas: T7 Global, OCK, Gas Malaysia
KUALA LUMPUR: Stocks that may attract trading interest today following their latest corporate developments include T7 Global Bhd, OCK Group Bhd and Gas Malaysia Bhd.
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Business
Markets slump as Trump unveils steeper-than-expected tariffs
SINGAPORE: Stocks dived, bonds surged, the dollar rose and Asia's markets were set to slide on Thursday as U.S. President Donald Trump announced a bigger-than-expected wall of tariffs around the world's largest economy, upending trade and supply chains.
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Economy
US imposes 24% reciprocal tariff on Malaysia
KUALA LUMPUR: The United States has imposed a 24% tariff on Malaysia as part of President Donald Trump's sweeping wave of trade measures.
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Economy
UK prepares for impact of tariffs amid negotiations
THE UK government is bracing for US tariffs outlined by President Donald Trump this week to hit the British economy, even as the two governments continue talks on a potential carve-out.
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Economy
Credit chief announces overhaul of Colombia’s debt strategy
Colombia will offer shorter-maturity bonds and euro-denominated debt in an overhaul of its financing strategy, according to the nation's new public credit director.
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Energy
China set to become a global powerhouse in energy storage
China's energy storage industry is set to experience significant growth through 2027, fuelled by a combination of growing market demand and supportive government policies, according to industry experts and company executives.
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Insight
Why it’s the right time to introduce extra budget
It was an immense relief to hear that South Korea's worst wildfires in modern history were finally largely contained after raging across the country's southeastern regions for more than a week.
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Insight
Earnings, FX tailwinds to accelerate equity rotation
Investors' rotation from US markets to Asian equities may just be getting started, as two tailwinds gain strength in Asia: gradual currency appreciation and an earnings estimate 'inflection point'.
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Markets
Vietnam stock market weakest 1Q in three years
Investors had high expectations for the performance of Vietnam's stock market in the first quarter, but instead, the market recorded its weakest first quarter in three years.
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Economy
RBA to increase price of new open market repos
Australia's central bank will increase the price of all new open market operation (OMO) repos and introduce a new seven-day tenor at its weekly auctions as it transitions to an "ample reserves" system for liquidity management, a senior official says.
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Economy
Trump appears set to go ahead with tariffs
The White House confirmed on Tuesday that President Donald Trump will impose new tariffs early this morning, though it provided no details about the size and scope of trade barriers that have businesses, consumers and investors fretting about an intensifying global trade war.
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Corporate News
IJM’s UK property gets international law firm as anchor tenant
International law firm Simmons & Simmons LLP has signed a 20-year lease as the anchor tenant at 25 Finsbury Circus, IJM Corp Bhd's recently acquired commercial property located in the City of London's central business district.
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Corporate News
Strong job wins forecast for MN Holdings
The substation engineering contract worth RM138mil bagged by MN Holdings Bhd (MNH) brings its latest order book to a new record-high of RM978mil.
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Corporate News
Ponzi schemer convicted in new fraud case
Federal jurors convicted a New Jersey man on fraud and money laundering charges after his previous 24-year prison sentence over a Ponzi scheme was commuted by President Donald Trump in his first term.
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Economy
Economic momentum to stay sustained this year
Hong Leong Investment Bank Research (HLIB Research) continues to expect Malaysia's economic momentum to be sustained this year, driven mainly by domestic demand.
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Corporate News
Low impact on Axiata profit from Myanmar ops
There is no impact on Axiata Group Bhd's core earnings as Edotco Myanmar has already been excluded from its normalised profit after tax, amortisation and minority interest reporting.
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Banking
Digital banks should realign strategies to serve B40 group
Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.
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Corporate News
FIVE Petroleum proceeds with Uzbekistan venture
KUALA LUMPUR: Fuel retailer FIVE Petroleum Malaysia is planning to allocate approximately US$200 million (US$1=RM4.43) in capital expenditure to support its ventures in Uzbekistan.
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Commodities
Palm oil prices to stabilise on rising demand from India
Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India, according to the Malaysian Palm Oil Council (MPOC).
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Auto
Forecasts for vehicle sector begin to slow
Malaysia's automotive industry faces a challenging outlook for this year, with subdued growth amid intensifying competition and uncertainty over policy.
