Business

EPF records 11% jump in 9M25 investment income to RM63.99bil

KUALA LUMPUR: The Employees Provident Fund (EPF) posted an investment income of RM63.99bil for the nine months ended Sept 30 (9M25), marking an 11% increase from RM57.57bil in the same period last year.

Markets

Foreign investors return to Bursa Malaysia with RM477mil inflow after five-week selloff

KUALA LUMPUR: Foreign investors returned to Bursa Malaysia after five weeks of selling, recording a strong net inflow of RM477.3mil and helping trim year-to-date outflows to RM18.75bil, according to CIMB Securities.

Economy

Japan's economy contracts for first time in six quarters on tariff hit

TOKYO: Japan's economy shrank an annualised 1.8% in the July-September quarter, the first contraction in six quarters, due to a hit to exports from U.S. tariffs, government data showed on Monday.

Markets

FBM KLCI begins week on modestly positive note

KUALA LUMPUR: The FBM KLCI started the week on a slightly positive footing amid cautious sentiment and selective accumulation in blue-chip stocks.

Forex

Ringgit opens higher against greenback on renewed demand

KUALA LUMPUR: The ringgit opened higher against the US dollar from last Friday's losses amid renewed demand for the local currency, underpinned by steady domestic fundamentals following Malaysia's latest gross domestic product (GDP) report.

Markets

Trading ideas: ARK Resources, Perak Corp, Tan Chong Motor, HI Mobility, Crescendo

KUALA LUMPUR: Stocks to watch today include ARK Resources Holdings Bhd, Perak Corp Bhd, Tan Chong Motor Holdings Bhd, HI Mobility Bhd and Crescendo Corp Bhd.

Economy

Long-term joblessness issues a concern for market

PETALING JAYA: While Malaysia's labour market has remained stable, economists have raised concerns of potential structural underemployment issues within the country.

Corporate News

Petros signs deals for oil exploration in Sarawak

KUCHING: Petroleum Sarawak Bhd (Petros) is collaborating with the Japan Organisation for Metals and Energy Security (Jogmec) for an onshore exploration project in the Mukah-Balingian region in central Sarawak.

Insight

Investors, business decry budget messaging ‘fiasco’

CO USING messages about Britain's budget this month are undermining the government's credibility, investors, businesses and think tanks say as bond prices tumbled following the latest surprise change of tone from Westminster.

Corporate News

Foodie Media cooks up success in digital content

KUALA LUMPUR: Armed with the idea that food truly connects people, Nicholas Lim Pinn Yang set out to create the integrated media publishing company now known as Foodie Media Bhd.

Forex

Ringgit’s upswing set to continue

PETALING JAYA: The ringgit is in a bright spot to continue its strengthening trajectory against the US dollar going into 2026 buoyed by several key drivers, according to economists and foreign-exchange strategists.

Corporate News

LAC Med banks on expansion into Indonesia

PETALING JAYA: Medical devices and integrated solutions provider LAC Med Bhd is banking on its further expansion into Indonesia's fast-growing healthcare market, and broadening recurring income streams through its new Equipment-as-a-Service (EaaS) model and medical device asset management services (MEAMS) to drive its next leg of growth.

Markets

Bursa looks set to trade sideways this week 

KUALA LUMPUR: Bursa Malaysia is expected to move sideways this week as investors await a new round of global policy developments and economic data.

Corporate News

PSP Energy remains bullish on conventional fuels

PETALING JAYA: ACE Market-bound PSP Energy Bhd believes rising economic activity in Malaysia will continue supporting demand for conventional fuels – including bunkering services for the shipping industry – even as the global energy landscape shifts toward renewables.

Commodities

CPO futures likely to trade sideways this week

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways this week, as traders wait for the upcoming export estimate figures.

Business

Data centres to drive construction activity

PETALING JAYA: The building of data centres is expected to support local construction activity over the near term, with select stocks in focus for such infrastructure projects.

Technology

Cautious optimism for semiconductor sector

PETALING JAYA: The near–term outlook for the semiconductor sector remains cautious pending the outcome of the US government's investigation into semiconductor imports, despite the continued growth projected for global semiconductor sales.

Property

Total of 1,289 housing projects revived since 2023

KUALA LUMPUR: A total of 1,289 abandoned private housing projects have been successfully revived by the Housing and Local Government Ministry's (KPKT) special task force from 2023 to September of this year.

Corporate News

Berkshire reveals new US$4.3bil Alphabet stake, sells more Apple

NEW YORK: Berkshire Hathaway revealed a US$4.3bil stake in Google parent Alphabet and further reduced its stake in Apple, detailing its equity portfolio for the last time before Warren Buffett ends his 60-year run as chief executive officer (CEO).

Corporate News

China’s state-owned giants vying to be world-class enterprises

BEIJING: State-owned enterprises (SOEs), as key participants in China's high-quality development and in international competition and cooperation, should enhance their core competitiveness and, through development that is higher-quality, more efficient, and more sustainable, become world-class enterprises, officials say.