Markets

Are The Fed Rate Cuts Coming?

The Fed is inching towards its first rate cut, encouraged by a cooling US job market and slowing inflation. Fed Chair Powell signalled as much in his semi-annual Congress...

S&P 500 Rebound Leaves Big Banks Out On Earnings

The stock market saw another week of gains and Treasuries erased their losses for the year after the latest economic data reinforced bets the Federal Reserve will cut rates...

GESHEN Soars, MPI Dips In Today’s Bursa

On the broader market, it favoured decliners, outnumbering advancers 639 to 532, with 513 stocks unchanged. Trading remained subdued with 783 counters not traded and 25 stocks suspended. Today's market...

Investor Profit-Taking Dampens Bursa Malaysia’s Weekly Close

Bursa Malaysia concluded the week with a downturn as investors opted to lock in gains in specific technology and utilities stocks following a recent modest rally over three days. At...

Foreign Exchange Rates July 12, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5 p.m. on July 12, provide a comprehensive overview of currency fluctuations for the day.These rates,...

Property

Astaka Kickstarts One Bukit Senyum Phase 3, Forms JV...

Astaka Holdings Limited (Astaka), an integrated property developer based in Johor, Malaysia, has kickstarted Phase 3 of One Bukit Senyum, the Group's flagship development, with the formation of a...

TAFI Secures RM207 Million Armani KPF2 Construction And Development...

Tafi Industries Berhad (TAFI) wholly-owned units, TAFI Home & Office Sdn Bhd (THOSB) have been awarded a construction contract for main building and associated works, while its T.A. Furniture...

Zainal Iskandar Ismail Appointed As Hektar REIT’s Non-Independent, Non-Executive...

Hektar Asset Management Sdn Bhd, the manager of Hektar Real Estate Investment Trust (Hektar REIT), appointed Zainal Iskandar Ismail, 50, as the Non-Independent Non-Executive Director, effective immediately. With over 20...

News

MACC Looking For Dato Lee Of MyBrush Industries

The Malaysian Anti Corruption Commission has issued a notice that it is looking for the businessman Dato Lee Fook Yuen to assist on an...

MARC Affirms Ratings On Yinson’s Programmes

MARC Ratings has affirmed its A+IS rating on Yinson Holdings Berhad’s RM1.0 billion Islamic Medium-Term Notes Programme (Senior Sukuk). Concurrently, the rating agency has also affirmed...

Toyo Ventures’ Song Hau 2 RM4.6 Billion Loan Facility Terminated

Toyo Ventures Holdings Berhad has provided more updates on the development of "Song Hau 2 Thermal Power Plant Project" in Vietnam which has now...

China Plays Down On Criminal Punishment Talk For Taiwan Seperatists

China is backtracking on its hard stance of punishing Taiwan citizens who speak harshly against the mainland and calls for independent state. A spokesperson...

AT&T Data Breach Hits Nearly All 127 Million Customers

A hacker accessed and downloaded call and text message data from nearly all AT&T Wireless customers, the company disclosed in a securities filing Friday. The...

Trading Of Great Eastern Shares To Be Suspended After OCBC Closes Takeover Offer

The trading of Great Eastern shares will be suspended from Monday (Jul 15) as less than 10 per cent of the listed company is...

A Month Of Power Flexxing

Regional moves to expand power influence and friendshoring efforts have been intensifying, and reflected in the array of manoeuvrings amidst the volatile hard power...

OPR Stance Keeps Inflation Under Control Ahead Of RON95 Rationalisation

As widely expected, the Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) decided to maintain the OvernightPolicy Rate (OPR) at 3.00% during its...

Editor's Choice

Entrepreneur

Global Highlights

Opinions

Net Zero 2050

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

Stay Connected

Next Phase

Trade

OPR Stance Keeps Inflation Under Control Ahead Of RON95...

As widely expected, the Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) decided...

ZTrade Enables Two-Way Cross-Border Digitised Trade Documentation

ZTrade, a Web 3 platform that facilitates the cross-border trading of goods with China,...

OCBC Estimates 2Q GDP Growth Higher At 4.9%

The industrial production index rose by 2.4% YoY in May versue 6.1% in April,...

Uzma Berhad’s Subsidiary Expresses Interest In Sale And Purchase...

Uzma Berhad’s 51%-owned subsidiary, Jannatul Firdaus International Sdn Bhd (JFI) had on 12th July...

Trade Provides Economic Growth Support As China’s Exports Surge...

China’s export surged in June, providing strong support for economic growth, however, analysts warned...

BNM Decides To Keep OPR At 3% Longer

The Central Bank today at its Monetary Policy Committee meeting decided to maintain the...

Malaysia Continues Positive Trade Trajectory To Reach 8.7% Rise...

Bank Negara Malaysia forecasts the country's trade performance for 2024 to increase by 5.2%,...

Scale Up

Travel & Dining