Latest
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Corporate News
Corning poised to invest US$500mil to expand presence in China
US-based materials science company Corning Inc plans to invest another US$500mil in China this year, reinforcing its long-standing commitment to what it calls its most important overseas market, despite ongoing geopolitical and economic headwinds.
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Corporate News
Arm tumbles after weak forecast, sparking industry slowdown fears
Arm Holdings Plc declined in late trading after giving a disappointing sales forecast for the current quarter, stoking concerns about a tariff-fuelled slowdown for the chip industry.
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Corporate News
New York MTA gets US$500mil loan backed by congestion toll
New York's Metropolitan Transportation Authority (MTA) has entered into a US$500mil loan agreement with a group of investors that's backed by congestion pricing revenue as the Trump administration tries to end the tolling programme, according to a loan document.
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Markets
Stock market upgrade expected by September
Vietnam's stock market is on the brink of a significant transformation, with expectations mounting for an upgrade to emerging market status by September.
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Economy
Trump to revoke Biden’s AI chip export curbs
The Trump administration plans to rescind Biden-era artificial intelligence (AI) chip curbs as part of a broader effort to revise semiconductor trade restrictions that have drawn strong opposition from major tech companies and foreign governments, according to people familiar with the matter.
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Corporate News
Labubu craze accelerates Pop Mart’s global ambitions
Pop Mart International Group Ltd, a China-based maker of trendy collectible toys, is banking on the new global craze surrounding its plush product series of Labubu figures, the company's beloved intellectual property (IP) under The Monsters series.
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Corporate News
OCK expanding operations in DC space
OCK Group Bhd is expected to report an 18-month core earnings of RM51mil for its financial year 2025 (FY25).
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Corporate News
Bubble tea billionaire ranks swell after latest IPO
China's bubble tea market is overflowing with rivals and fierce price clashes – yet it's set to produce another billionaire couple.
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Support Line
SupportLine
British American Tobacco (M) Bhd has been trending higher over the last four weeks, challenging the 100-day simple moving average (SMA) yesterday in a sign of bullish sentiment.
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Economy
New agreement strengthens digital trade
Singapore and the European Union (EU) have inked a digital trade agreement designed to provide greater clarity and legal certainty for consumers and businesses on both sides to transact online more seamlessly.
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Corporate News
CelcomDigi’s capex to modernise its IT systems
RHB Research expects CelcomDigi Bhd's stronger commercial execution and realisation of merger synergies to drive a re-rating of the stock, even as the group steps up investment in information technology (IT) system upgrades that will raise near-term costs.
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Economy
Millions without work despite lower joblessness
The unemployment rate fell in February to its lowest point in decades despite reports on mass layoffs and weakening purchasing power in recent years, though critics suggest the statistics do not capture the real picture due to an overstretched definition of what constituted employment.
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Economy
Hong Kong overhauls image to attract visitors
Hong Kong's efforts to overhaul an image dented by years of turbulence and re-establish itself as an Asian events hub are starting to lure more international visitors beyond mainland China, the city's tourism chief says.
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Energy
Power supply crucial to Vietnam’s growth
The Industry and Trade Ministry will ensure a stable and sufficient electricity supply to reach Vietnam's gross domestic product growth target of 8% in 2025, according to the ministry's representative at a dialogue on ensuring electricity supply for the economy, organised by the Government News Portal on May 7.
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Economy
Strong project flows from TNB to boost sector
The power infrastructure sector is expected to pick up momentum driven by strong project flows from Tenaga Nasional Bhd (TNB), accelerating data centre (DC) developments and the anticipated rollout of large-scale solar programmes.
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Economy
IPI up 3.2% in March on manufacturing and mining
Malaysia's Industrial Production Index (IPI) rose 3.2% year-on-year (y-o-y) in March, according to the Statistics Department.
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Corporate News
Fibromat aiming to shore up investor confidence
Fibromat (M) Bhd made a lacklustre debut on Bursa Malaysia's ACE Market yesterday, following its transfer from the LEAP Market.
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Economy
US policy reversal to benefit global AI chipmakers
US president Donald Trump's decision to rescind and revise the Biden-era artificial intelligence (AI) chip export curbs signals a positive shift in global semiconductor market.
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Corporate News
SD Guthrie to ride on land disposal gains
SD Guthrie Bhd's earnings for the second half of its financial year 2025 (2H25) are expected to be backed by some RM500mil in land disposal gains and higher output from its upstream plantation business.
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Corporate News
Perodua to produce EV by October
Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims to finalise production of electric vehicles (EVs) by October, with plans to market them by the end of this year.
