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Chong SM

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Federal, Sarawak Governments Establish Task Force For MASWings Acquisition

The federal government and the Sarawak state government have agreed to establish a task force dedicated to ensuring a smooth acquisition process of MASWings. Sarawak...

Bitcoin Maintains Above $30.3K Despite Renewed Inflation Fear

Jobless claims dipped, while productivity rose – both unexpectedly. Digital assets responded with a nothing-to-see-here shrug, mostly rising a little from where they stood. Bitcoin,...

China’s Manufacturing PMI Ends 3-Month Decline In June

The purchasing managers' index (PMI) for China's manufacturing sector ended a three-month decline in June, an encouraging sign of improving factory activities and strengthening...

Chinese Tech Stocks Plummet On U.S. Chip Export Crackdown Rumors

Shares in Chinese companies focused on artificial intelligence (AI) saw a decline on Wednesday after a media report alleged that US authorities were contemplating...

Looming Cyber Threats Highlight The Need To Secure Malaysia’s Critical Infrastructure

The security of Malaysia's critical infrastructure is at the edge of a precipice. A report by the Malaysia Computer Emergency Response Team (MyCERT) found...

Cradlepoint Launches S700, A Revolutionary IoT Router With Zero Trust Security

Global leader in cloud-delivered LTE and 5G wireless network edge solutions, Cradlepoint has launched the S700, a multipurpose Internet of Things (IoT) router designed...

ACE-Bound MYMBN Expected To Raise RM20.58 Million In Proceeds

MYMBN Berhad (“MYMBN”), a company principally involved in the processing and sale of edible bird’s nests (“EBN”), specifically the raw unclean edible bird’s nests...

Yinson Secures 12-Month Charter Contract Extension From FPSO PTSC Lam Son

Yinson Production (“YP”), through its joint venture company with PetroVietnam Technical Services Corporation ("PTSC"), PTSC Asia Pacific Pte Ltd ("PTSC AP"), has received a...

Increase Of 6% In Hextar Shares Following Land Sales Announcement

Hextar Technologies Solutions Bhd (Hextar) saw a 6.03% increase in its shares during mid-morning trade on Friday, following the company's announcement of land sales...

Kim Loong Hampered By Lower Demand, Worsening Global Economy, High Inflation: Malacca Securities

Kim Loong Resources Bhd’s (KMLOONG) quarter one financial year 2024 net profit fell 19.7% year on year to RM31.5 million, mainly dragged down by...

RHB Favours Solar Players For Strong Order Book, Catalyst From Lower Prices

RHB Research (RHB) upgraded their rating to Overweight for the power sector, after lifting their call for TNB to Buy From Neutral. YTL Power...

China’s Economy Faces Growing Challenges

It was meant to be the year China’s economy, unshackled from the world’s strictest Covid-19 controls, roared back to help power global growth. Instead,...

Global Supply Chains Returning To Pre-Pandemic Normalcy, Said S&P Global

S&P Global Market Intelligence in a recent report stated that global supply chains have nearly returned to pre-pandemic levels in terms of activity, inventories,...

Nike’s Quarterly Profits Decline Despite Increased Sales

Nike reported a drop in quarterly profits yesterday despite higher sales due to the drag from increased costs and the liquidation of unwanted merchandise. The...

Better Prospects Ahead For Aurelius with Increased Utilisation, Destocking Activities: Maybank IB

Aurelius Technologies (ATECH) quarter one financial year 2024 core net profit (CNP) of RM6.3 million came in inline with expectations, representing 13%/12% of Maybank...

BMW X1 M35i xDrive: A Fusion Of Aggressive Design, High-Performance Hardware

BMW unveils the most powerful version of its entry-level SUV – the 2024 X1 M35i xDrive debuts with a powerful 2.0-liter engine, an aggressive...

China’s Industrial Profit Decline Narrows In May

China's major industrial firms in May reported a smaller profit decline for a third straight month in the latest signal of steady industrial recovery,...

Introducing The New 75th Anniversary Omega Seamaster Diver 300m In Gradient ‘Summer Blue’

A 75th anniversary is not one you let slip by without a proper event. And so Omega set out for Mykonos this year to...

Bitcoin Bulls Getting Ready For Seasonal Spike, Said Matrixport

Bullish bitcoin (BTC) investors are preparing for the “seasonal surge,” as the world's largest cryptocurrency tends to rally during the month of July, crypto-services...

The Olive Tree Group Celebrates Launch Of 25th Outlet In Malaysia

The Olive Tree Group (“Group”), widely known for its gastro and fine dining experiences offered through it multiple culinary brands, proudly announces its upcoming...

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