Latest
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Economy
India’s central bank cuts rates amid growth risks
The Reserve Bank of India (RBI) has cut its key repo rate for a second consecutive time and has changed its monetary policy stance to "accommodative" from "neutral" to boost the sluggish economy, which is facing further pressure from US tariffs.
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Economy
Difficult to exit private assets, says Khazanah MD
Sovereign wealth fund Khazanah Nasional Bhd says the uncertainty stemming from US President Donald Trump's sweeping global tariffs is making it difficult to exit private assets as it reviews its portfolio.
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Corporate News
Renewal of govt’s APPL deals to steer Duopharma
Duopharma Biotech Bhd's dominant market position in the local generic drug manufacturing means it is well placed to capitalise on any rise in out-of-pocket health expenditure at the pharmacies.
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Insight
Yuan may be the cat among the forex pigeons
Currency markets have struggled all year to decide whether Washington's trade war is good or bad for the US dollar. Beijing may make up their minds for them.
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Corporate News
Dialog needs major tank terminal deals for growth
Dialog Group Bhd may need to secure new, sizeable tank terminal contracts to earn a re-rating, which would help grow its recurring income portfolio, according to Maybank Investment Bank Research (Maybank IB).
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Economy
Calls for transparent trade data with US
A transparent approach to trade data with the United States is crucial to address the disparity between exports and goods tied to American supply chains.
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Corporate News
Sapura Energy bags RM40mil contract
Sapura Fabrication Sdn Bhd, a full unit of Sapura Energy Bhd (SEB), has bagged a RM40mil contract for the maintenance, construction and modification services for offshore facilities in Peninsular Malaysia
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Corporate News
Hiap Teck’s sequential performance to be hindered
Hiap Teck Venture Bhd's trading and downstream segments are likely to be affected in the third quarter ending April 30 for financial year 2025 (3Q25) by uncertainties resulting from recent policy developments, according to Hong Leong Investment Bank (HLIB) Research.
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Insight
This lousy stock market is great for bots
Is any market easy for stock pickers? In a Bull Run, it's hard for active managers to beat passive funds that ride the index higher.
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Corporate News
Gas supply restored to Khee San ops
Gas supply to the manufacturing facilities of Khee San Bhd has fully resumed, following a disruption caused by the gas pipeline incident at Putra Heights on April 1, 2025.
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Economy
Lombardelli says new world order will depress UK economic growth
Bank of England (BoE) deputy governor Clare Lombardelli warns that Donald Trump's sweeping US tariffs will "depress" UK growth but said the impact on inflation is still unclear.
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Economy
Asia-Pacific Business Forum to be platform for sustainability agenda
The Asia-Pacific Business Forum in Kuala Lumpur is expected to attract a wide range of participants from across the world.
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Economy
Trump moves to block state climate change policies
US President Donald Trump issued an executive order on Tuesday that aims to block the enforcement of state laws passed to reduce the use of fossil fuels and combat climate change.
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Corporate News
Stable costs, healthy loan growth to support Hong Leong Bank
Hong Leong Bank Bhd's (HLB) net interest margin (NIM) is expected to remain broadly stable in the third quarter ended March 31, 2025.
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Economy
M’sia may gain US market share amid tariff drama
The sweeping United States tariffs will be credit negative for Asia-Pacific (Apac), but lower-tariff countries such as Malaysia, India and the Philippines may gain market share through trade triangulation to serve the US market, according to Moody's Ratings.
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Corporate News
WTEC targets 10% revenue growth for FY26
ACE Market-bound WTEC Group Bhd expects to increase its revenue by at least 10% in the financial year ended Dec 31, 2026 (FY26) compared to FY24 by enhancing production capabilities using funds raised from its initial public offering (IPO).
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Corporate News
Cuckoo Malaysia delays listing
Cuckoo International (MAL) Bhd (Cuckoo Malaysia) says it is rescheduling the timing of its initial public offering (IPO) on the Main Market of Bursa Malaysia in response to current global market volatility.
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Corporate News
LFE Corp secures RM35mil project
LFE Corp Bhd's wholly-owned subsidiary, LFE Engineering Sdn Bhd, has bagged a RM35.25mil contract for the supply, delivery, installation, testing and commission of street lighting and Tenaga Nasional Bhd ducting works from Petaling Garden Sdn Bhd.
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Markets
Volatility likely to continue
The trade war flares have further dampened global markets and the salvo of selling came after the United States' reciprocal tariffs on its trading partners, including massive 104% duties on Chinese goods, kicked in yesterday.
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Economy
Slower growth expected
Economists are downgrading their growth forecasts for the RM1.93 trillion Malaysian economy as the tariff war turns nasty.