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Corporate News

Australian funds should invest more in credit, Challenger says

Australia's pension funds should consider investing more in local-currency credit products as the greenback's recent decline may pose risks to their expanding overseas portfolios, according to the head of investment strategy at Challenger Investment Management.  

Corporate News

Oasis Home Holding to earmark 30% of yearly profits as dividends

Oasis Home Holding Bhd, en route to a listing on Bursa Malaysia, intends to distribute at least 30% of its profit after tax (PAT) annually as dividends.

Corporate News

Rivian cuts EV delivery outlook, sees US tariffs hurting demand

Rivian Automotive Inc said full-year deliveries will decline more sharply than it anticipated just a month ago over the risk that consumer worries stoked by President Donald Trump's trade war will further dampen demand for electric vehicles (EVs).

Insight

Private credit firms eye new funds for HK property

As valuations fall and banks pare exposure, some private credit firms are stepping in to invest in large commercial properties and developers in Hong Kong with plans for new fund launches for one of the world's most expensive real estate markets.

Economy

More clarity needed to ease investment procedures in Vietnam

Administrative bottlenecks continue to burden investment projects, despite recent reforms aimed at streamlining procedures, according to the Vietnam Chamber of Commerce and Industry (VCCI).

Economy

PBoC cuts key rate, reserve requirement ratio

China has reduced its policy rate and lowered the amount of cash lenders must keep in reserve, as Beijing ramps up efforts to help an economy caught in a second trade war with the United States.

Support Line

SupportLine

Teo Seng Capital Bhd is struggling to move past the overhead 200-day simple moving average (SMA).

Markets

A-share companies post sound 2024 performance

Most companies listed on China's A-share market delivered robust performances for last year, underscoring the vitality and resilience of the world's second-largest economy.

Economy

China earmarks special bonds for data infrastructure

China will step up the input of central funds to support the construction of data infrastructure and make full use of ultra-long-term special treasury bonds to accelerate the building of architecture related to national data infrastructure, says the National Data Administration (NDA), the country's top data governance regulator.

Corporate News

Sime Darby on track to sustain sound returns

Sime Darby Bhd is still in high gear for attractive dividends despite potential headwinds in its core businesses.

Economy

Thailand turns to South Korea for major projects

As Thailand advances a sweeping plan to transform Asia's logistics landscape, it is inviting South Korean firms to participate in its one trillion baht or about US$30.5bil infrastructure initiative: the Land Bridge.

Corporate News

Tasco sees low impact from new NPCO for exports

Tasco Bhd expects minimal direct impact from Malaysia's shift to a stricter Investment, Trade and Industry Ministry or Miti-led process for issuing non-preferential certificates of origin (NPCO) for exports, according to MIDF Research.

Corporate News

Affin secures strong rating from Moody’s

Affin Group has received its first international credit rating of A3 with a stable outlook from Moody's Ratings.

Corporate News

Stiff competition to affect Hartalega’s prospects

Despite a strong earnings rebound for its financial year ended March 31, 2025 (FY25), Hartalega Holdings Bhd's prospects remain clouded by intense competition and a prolonged industry recovery, say analysts.

Banking

OPR cut likely to have minimal impact on banks

Bank Islam Malaysia Bhd and Alliance Bank Malaysia Bhd will be the hardest hit should Bank Negara decide to cut its benchmark interest rate by 25 basis points (bps) this year.

Markets

Stock trading opportunities amid US dollar weakness

The appreciation of the ringgit versus the US dollar has brought about trading opportunities in Malaysian equities focusing on value amid expectations of de-dollarisation and a broader reallocation of capital toward emerging market currencies.

Corporate News

Carlsberg Malaysia sees no direct tariff impact

Carlsberg Brewery Malaysia Bhd does not expect any direct impact from US tariffs due to its lack of exports to the United States, but is cautions that potentially weaker consumer sentiment could affect its business.

Insight

Dollar confusion reigns amid ‘strategic uncertainty’

Currency markets that only a few months ago assumed a trade war would lift the US dollar now suspect that a full-scale devaluation may be underway, suggesting few market players have any clear handle yet on the administration's dollar plans.

Corporate News

I-Bhd quarterly net profit soars 140% to RM10mil

I-Bhd executive chairman Tan Sri Lim Kim Hong in delivering the group's report for the first quarter of financial year 2025 (1Q25) said the company's strong start reflects its evolution into a more balanced, asset-driven business.

Corporate News

ACE Market-bound PMCK inks underwriting agreement

PMCK Bhd has inked an underwriting agreement with Malacca Securities Sdn Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia, scheduled for the third quarter of 2025.