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Record FDI Flows Into Asean: How Much Of It Can Malaysia Capture? – Tengku Zafrul

I was in Semarang, Indonesia, on 19-20 August for the 55th Asean Economic Ministers’ (AEM) Meeting, where the United Nations Conference on Trade and...

Key Takeaways From Fed Chair Jerome Powell’s Jackson Hole Speech

Key takeaways from Federal Reserve Chair Jerome Powell’s remarks prepared for the Kansas City Fed’s economic symposium on Friday: Powell acknowledged the economic backdrop is...

Powell Says Inflation ‘Too High,’ Warns That ‘We Are Prepared To Raise Rates Further’

Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest rate increases could be...

Bursa Malaysia Ends Flat Amid Regional Retreat On Friday

Bursa Malaysia ended the week lower, in tandem with most regional markets ahead of Friday’s speech from US Federal Reserve chairman Jerome Powell at...

China Plans To Cut Stamp Duty On Stocks By Up To 50% To Revive Confidence

Chinese authorities are planning to cut the stamp duty on stock trading by as much as 50%, three people with knowledge with the matter...

Fukushima Water Release: No Decision Yet On Restricting Seafood Imports From Japan, Says Minister

Malaysia has yet to decide whether to impose restrictions on seafood imports from Japan following the release of treated radioactive water from the Fukushima...

Over 700 Japanese Exporters Hit By China’s Seafood Ban

More than 700 Japanese food exporters are affected by China's suspension of seafood imports from Japan after the release of water from the wrecked...

Malaysia’s EV Sales To Quadruple In 2023

BMI, a Fitch Solutions company, forecasts Malaysia’s electric vehicle (EV) sales to quadruple in 2023, although the country’s EV penetration rate would be at...

Bumi Armada Reports Lower Net Profit Of RM118.8 Million For 2Q 2023 On Drop In Gains From OSVs

Bumi Armada Berhad (Bumi Armada) reported a net profit of RM118.81 million in Q2 2023, a decrease from Q1 2023 due to lower contribution...

LI Decline Of 2.1% To 109.8 Points In June Denotes Moderating Economic Performance In Q4 2023: DOSM

Malaysia’s Leading Index (LI) declined 2.1 per cent in June 2023 by recording 109.8 points as compared to 112.1 points in the previous year. The...

Malaysia’s Inflation Falls To 2.0 Per Cent In July 2023, The Lowest For The Year

Malaysia’s inflation cools to 2.0 per cent in July 2023, the lowest for the year with the index points recorded at 130.5 as against...

Involvement Within MED4IRN Key To Elevating Digital Transformation

The Ministry of Economy functions as a facilitator for the country's digital economy initiatives by coordinating cross-ministerial efforts through the 4th Digital Economy and...

Hang Seng Index Futures: Climbing Above 18,000 Pts; Counter-Trend Rebound Still In Play

The HSIF extended its counter-trend rebound yesterday, climbing 333 pts to close at 18,197 pts – reclaiming the 18,000-pt level. RHB Retail Research, in a...

Japan’s Budget Wishes May Top 110 Trillion Yen With BOJ Easing At Crossroad

Budget requests from Japanese ministries for the next fiscal year will likely top 110 trillion yen ($753.37 billion), Nikkei business daily reported on Friday,...

China Has No Pain-Free Solutions For Its Slowing Economy

Erin Yao would like to take street dance classes and travel, activities she could not do during three years of COVID-19 restrictions in China. Instead...

Tokyo Caught in a Geopolitical Lexicon

The release of the radioactive water from the stricken Fukushima Daiichi nuclear plant has been a point of contention that has been made a...

Stocks Picks Of The Day – Eastern & Oriental, LBS Bina Group

Eastern & Oriental is on track to print a fresh 52-week high after rebounding from the support of MYR0.41 recently, on high trading volume. RHB...

Rally May Stall For Singapore Stock Market

The Singapore stock market has tracked higher in three straight sessions, collecting more than 25 points or 0.8 percent along the way. The Straits...

U.S. Stocks Wilt As Yields Rise Ahead Of Federal Reserve’s Speech

Wall Street slumped Thursday, despite a blowout profit report from Nvidia, following some mixed reports on the U.S. economy. The S&P 500 dropped 1.3% for...

Synergy House Records 139.79% PBT Growth Of RM8.5m As Revenue Rises For 2Q FY2023

Synergy House Berhad (Synergy House) recorded revenue of RM58.6 million and profit before tax (PBT) of RM8.5 million for the 2Q FY2023. The cross-border e-commerce...

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