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AUTHOR NAME

K. Harinderan

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News

U.S. Fed Would Likely Maintain High-For-Longer Rate Stance, Says MIDF

K. Harinderan -
U.S. business activity crept up to a 26-month high in June amid a rebound in employment, but price pressures subsided considerably, offering hope that...
News

IPO Note: Johor Plantations Implanting Growth Opportunities

K. Harinderan -
Established in 1978, : Johor Plantations Group Berhad (JPG) primarily focuses on cultivating oil palm, producing and selling CPO and PK. JPG operates mainly...
Markets

Oil Prices Moves Lower As Traders Focus On Geopolitical Risks, Demand

K. Harinderan -
Oil dipped for a second session as traders weighed geopolitical developments in the Middle East and the outlook for summer demand. Brent slipped below USD85...
Markets

Asian Stocks Set To Slip, Japan Warns On Yen Moves

K. Harinderan -
Asian stocks are set to fall into a week that includes measures of inflation that will help guide bets on the outlook for global...
Markets

U.S. Stock Futures Inch Higher With Inflation Cues On Tap

K. Harinderan -
U.S. stock index futures rose slightly in evening deals on Sunday with Wall Street indexes remaining near record highs as investors looked to key...
News

BNM Refunds, UUE IPO, Trade Hits Record High Take Up Salient Headlines

K. Harinderan -
BNM Wants Prompt Refund To Victims Of RM24.2 Million In FD Fraud Bank Negara Malaysia has requested prompt refunds for affected account holders following fraudulent...
Finance & Economy

Evergreen Group – UbbIB Secures Multi-Million Dollar Strategic Partnership, Setting Stage For Major Merger

K. Harinderan -
Evergreen Group Holdings and UBB Investment Bank Limited (UbbIB), sealed a Strategic Partnership Agreement (SPA) on June 21 to lay ground for the commencement...
In Other News

Air Selangor Working On Recovery Process To Restore Water Quality Standards

K. Harinderan -
The recovery process to restore supply following the water supply disruption due to the temporary shutdown at the Bukit Nanas Water Treatment Plant (Bukit...
News

Malaysia To Express Stance Of Fair, Equitable Energy Transition Implementation At Climate Week

K. Harinderan -
Malaysia's stance on ensuring that the energy transition is implemented fairly and equitably, including aspects of coal phasing-out, is important to highlight in international...
Global

China Earnings Pain Erodes Optimism Over Stock Market Rebound

K. Harinderan -
Investors in Chinese stocks are losing patience as a long-awaited earnings recovery fails to come through and a rally unravels. Earnings estimates on key Chinese...
Finance & Economy

Malaysian Economy: E&E And Palm Oil Sectors Drive Up Trade In May

K. Harinderan -
In Malaysia, exports rose 7.3% yoy, higher than expectations driven by manufacturing and agriculture sectors in May, while imports grew at a steady pace...
Global

S&P, Nasdaq End Lower As Nvidia Drags Tech Sector For Second Day

K. Harinderan -
The S&P 500 and Nasdaq closed marginally lower on Friday, weighed down by a decline in Nvidia shares for a second straight day, which...
News

Growing Caution Pressures Ringgit To Trade Rangebound Above 4.70/USD

K. Harinderan -
Despite the ringgit's failure to strengthen below the 4.70/USD level,  further signs of weakness in the US economy, such as the weaker than-expected US...
News

Transition Process To Nation’s 5G Dual-Network Model Begins

K. Harinderan -
The transition process to the 5G dual-network model announced by the Ministry of Communications is a significant step towards advancing the country's telecommunications industry....
Global

Chinese Automakers Retain Grip Over Southeast Asia’s Booming Electric Car Market

K. Harinderan -
Electric vehicle sales are surging in Southeast Asia, led by China's BYD (SZ:002594) and Vietnam's VinFast (NASDAQ:VFS), eating into the internal combustion engine car...
Lifestyle

Berjaya Sompo – FINCO Drive Literacy And Sustainability With Nationwide Book Collection

K. Harinderan -
Berjaya Sompo Insurance Berhad (Berjaya Sompo) and the Financial Industry Collective Outreach (FINCO) have successfully wrapped up their BSIB-FINCO Nationwide Book Drive, amassing nearly...
News

Technology Key To Expanding Economic Opportunity

K. Harinderan -
About one-third of the global population remains offline, costing the world billions of dollars in lost GDP each year. The digital divide has been...
Global

Singapore Becomes Hot Spot for M&A Bankers Hunting Asia Deals

K. Harinderan -
Singapore has turned into a hive of activity for mergers and acquisitions this quarter as investor confidence returns, helped by relative economic and political...
Editor's Choice

Malaysia’s Q12024 Approved Investments Rises 13% To RM83.7 Billion, Creating 29,000 New Jobs

K. Harinderan -
Malaysia has shown commendable performance for the period January to March 2024 (Q12024) with a total value of RM83.7 billion in approved investments across...
Global

How Nvidia Became An AI Giant

K. Harinderan -
It all started at a Denny’s in San Jose in 1993. Three engineers — Jensen Huang, Chris Malachowsky and Curtis Priem — gathered at the...
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