Markets

Bursa Malaysia In Cautious Mode Next Week

Bursa Malaysia is expected to trade cautiously next week as volatility in regional markets will likely continue. The stock exchange may see less exuberance as investors monitor global developments, particularly...

Are We Back In A ‘Trump Trade’ World?

Are we back in a ‘Trump trade’ world? The US Presidential election is still four months away, but the relatively dramatic events of the past week mean markets are...

Wall Street Finishes Worst Week Since April With More...

U.S. stocks slumped Friday in another washout, as businesses around the world scrambled to contain the effects of a disruptive technology outage. The S&P 500 fell 0.7% to close its...

KLK Gain, MPI Lost As The Bursa Closed

On the broader market, losers trounced gainers 736 to 445, with 495 counters unchanged, 782 untraded, and 16 others suspended Here is the table for today's top gainers and losers:Top...

Telecom, Plantation Stocks Lift Bursa Malaysia Index

Bursa Malaysia's key index saw a modest gain at the end of the week, primarily driven by strength in telecommunication and plantation stocks, despite the overall weak performance in...

Property

SunCon Hands Subcontract Work For Data Centre To JV...

Sunway Construction has provided more information in relation to the group's announcement back in March over the Project Services Request with a multinational technology corporation headquartered in the United...

Building Industry Council Calls For HRD Corp Levy To...

The Building Industry Presidents Council which represents various bodies including REHDA and PAM has called for the cessation of mandatory levy collection by HRD Corp. The call comes i the...

JS-SEZ Driving Demand For Land In Kulai

Kulai District emerges as a key beneficiary of increasing land transactions and potential JS-SEZ developments according to Maybank Investment Bank (Maybank) in their latest report. Maybank maintains a BUY rating...

News

China’s Competitive Advantage In EV Does Not Come From Subsidies

A Chinese industry body has urged the European Commission to amend its unlawful findings in the anti-subsidy probe into Chinese battery electric vehicles (BEVs),...

CSM Warns Of Phishing Scams Masquerading As CrowdStrike

CyberSecurity Malaysia (CSM) issued an alert to users to be cautious of phishing attacks by cybercriminals including those masquarading as CrowdStrike following the global...

Malaysia Monitors Situation As Dhaka Goes Into Curfew

Wisma Putra said it is monitoring the situation developing in Bangladesh which has now gone into curfew after the government left the decision on...

PM Urges Private Sector To Display Patriotism For National Day

Prime Minister Datuk Seri Anwar Ibrahim has called on Malaysia's private sector to demonstrate their patriotism by proudly flying the national flag, the Jalur...

Bankruptcies In Japan Surges To Record High

Corporate bankruptcies in Japan surged 22 percent year on year to a decade high in the first half of the year due to rising...

More Than 8.8 Million Paris Olympics Ticket Sold

More than 8.8 million tickets have been sold for the 2024 Summer Olympics in Paris, International Olympic Committee (IOC) Sports Director Kit McConnell said,...

NUBE To Hold Nationwide Picket Against Banks

The National Union Of Bank Employees said it will launch a series of pickets nationwide from 21 July in what it calls a protest...

Allianz Beefs Up Board With The Appointment Of ex-Fintech Start-up Director

Allianz Malaysia has appointed Thomas Wong Kok Leong as the group's new independant non executive director with immediate effect in a move seen to...

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Trade

GDP Estimates A Boost For Ringgit But Trump Factor...

After showing its strenght for the week at 4.66, the ringgit closed lower at...

Malaysia’s GDP Estimated Grew 5.8% In Q2

The Department of Statistics estimates that Malaysia’s GDP expanded by 5.8 per cent in...

External Trade Positive Momentum Sustained: Maybank IB

The month of June 2024 saw slower exports growth (Jun 2024: +1.7% YoY; May...

MIDF Revises Export Growth After 1H Report

The latest trade data from the Ministry of International Trade and Investments shows that...

Malaysia To Advance Share Of Global LNG Trading Market,...

Malaysia is ready to develop its role in global natural gas trading as Petroliam...

MIDF Maintains Exports To Grow 5.2%, Upgrades Import To...

MIDF in its economic review of the June trade data released today by the...

Malaysia’s Trade Surges 8.7% In June 2024 To Reach...

Malaysia experienced robust trade growth in June 2024, buoyed by a strengthening global economy...

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