Latest

19h ago

Corporate News
Pinault family exploring options for Puma

The Pinault family has reached out to potential buyers of Puma SE after the German sports brand lost about half of its market value in the past year.
19h ago

Corporate News
Norway wealth fund excludes Caterpillar and five Israeli banks

Norway's US$2 trillion wealth fund, the world's largest has divested from US construction equipment group Caterpillar as well as five Israeli banking groups on ethics grounds.
19h ago

Corporate News
7-Eleven Malaysia earnings likely to soften in 2H25

Rising costs are expected to weaken 7-Eleven Malaysia Holdings Bhd's earnings in the second half of financial year 2025 (2H25).
19h ago

Corporate News
Musk sues Apple, OpenAI

Elon Musk has accused Apple Inc and OpenAI in a lawsuit of unfairly favouring the artificial intelligence (AI) company across iPhones and thwarting competition for other chatbot makers.
19h ago

Corporate News
E&O kicks off FY26 with strong quarterly performance

Eastern & Oriental Bhd (E&O) registered a strong start to the year with higher contributions from both its property and hospitality businesses.
19h ago

Economy
HHS starts cutting off collective bargaining rights for employees

Some employees in the US Health and Human Services Department (HHS) have been told they are no longer eligible to participate in collective bargaining, according to sources, part of a broader effort to strip federal workers of union rights.
19h ago

Corporate News
Prospects for Southern Cable continue to look bright

Cable and wire producer Southern Cable Group Bhd's strong performance for the second quarter of this year (2Q25) is expected to continue into the second half of the year (2H25) on the back of a ramp up of additional capacity and the commencement of cable deliveries for the East Coast Rail Link project.
19h ago

Economy
Wrongful dismissal, salary claims up in 2024

The rate of salary claims in 2024 climbed to its highest level since 2019, with 2.63 claims filed per 1,000 employees, on the back of more business troubles in a challenging environment.
19h ago

Economy
Bank Indonesia’s QRIS to pilot in China next month

Bank Indonesia (BI) is set to pilot its Quick Response Indonesia Standard (QRIS) system in China next month, following its recent Japan launch that marked the payment system's first expansion beyond Asean.
19h ago

Insight
Indonesia-Peru CEPA: Charting a new path across the Pacific

The state visit of Peruvian president Dina Boluarte to Jakarta on Aug 11 to 12 marked a pivotal milestone in bilateral relations: the signing of the Comprehensive Economic Partnership Agreement (CEPA) between Indonesia and Peru.
19h ago

Corporate News
Allianz poised to remain resilient in second half

Analysts expect Allianz Malaysia Bhd to sustain its strong momentum after beating expectations in its first half ended June 30, 2025 (1H25) results.
19h ago

Corporate News
MSM expected to see gradual recovery by FY26

MSM Malaysia Holdings Bhd is set to face a prolonged recovery path, as analysts warn that the persistent glut of Thai sugar in the region will weigh on prices and margins well into the medium term.
19h ago

Corporate News
Strong job pipeline bolsters Kerjaya Prospek’s outlook

Construction firm Kerjaya Prospek Group Bhd's outlook remains strong given the company's solid order book, steady earnings and dividend payouts.
19h ago

Corporate News
MN Holdings on track for stronger earnings

MN Holdings Bhd is well-positioned for another year of strong growth, driven by its sizeable order book of more than RM1bil as well as a healthy pipeline of new projects from key clients.
19h ago

Corporate News
MISC well positioned to weather challenges

Analysts expect MISC Bhd to continue to be weighed down by soft liquefied natural gas (LNG) shipping rates on the back of subdued demand.
19h ago

Insight
Powell’s best hand from a politically stacked deck

Federal Reserve (Fed) chairman Jerome Powell is coming under fire for appearing to cave to political pressure in his Jackson Hole speech on Friday, which opened the door to an interest rate cut next month, a shift from his more hawkish stance only a few weeks ago.
19h ago

Corporate News
CelcomDigi invests RM4.6bil capex as of 1H25

CelcomDigi Bhd has invested a total of RM4.6bil capital expenditure (capex) out of its RM10bil investment commitment during the first five years post-merger as of the first half of this year (1H25), says chief executive officer Datuk Idham Nawawi.
19h ago

Corporate News
Bank Islam’s NFM likely to ease in 3Q25

Bank Islam Malaysia Bhd's net financing margin is likely to ease in the coming months.
19h ago

Corporate News
Hong Leong Industries on track to rev up its performance

Over the next three years, Hong Leong Industries Bhd plans to launch seven new motorcycle models that are expected to boost volume and margins.
19h ago

Corporate News
LHI posts lower 2Q earnings of RM90mil

Leong Hup International Bhd (LHI) will maintain prudence in managing its resources to deliver sustainable growth in light of the heightened uncertainty arising from the tariff announcements by the United States.