Analyst Reports

Cheap China-made gloves expected to weigh on local producers

PETALING JAYA: The earnings recovery momentum of the local rubber glove sector may be halted as the sales volumes and average selling prices (ASPs) trended down in January and February.

Technology

Chip ambitions hinge on talent development

PETALING JAYA: The country's potential to be a key hub for advanced semiconductor manufacturing, packaging and fabrication hinges on talent.

Analyst Reports

Genting’s earnings intact despite RM46mil fine incurred in Nevada

PETALING JAYA: Genting Bhd's fully owned subsidiary Resorts World Las Vegas's (RWLV) operations are expected to recover with the return of gamblers to the casino, after having reached a settlement with the Nevada Gaming Control Board (NGCB).

Business

Malaysian companies expand global reach through Foodex Japan 2025

MALAYSIA'S strong presence at the 50th Foodex Japan 2025, held from March 11 to 14, showcased its growing influence in the global halal food market.

Energy

Sembcorp’s Mandalay power plant faces problems

SINGAPORE: A power plant in Myanmar built and operated by Singapore's Sembcorp Industries has experienced a power trip because of grid failure following an earthquake that hit the country last Friday.

Analyst Reports

Potential new job win likely to catalyse IJM growth

PETALING JAYA: Analysts have reduced their target price for IJM Corp Bhd and lowered their financial year ending March 31, 2025 (FY25) to FY27 core profit targets for the group following a cut in new order book assumptions.

Insight

As Trump sinks dollar, once unthinkable worry grips markets

AS US stock prices tumbled this month, John Sidawi, a fund manager at Federated Hermes, noticed something strange. 

Economy

China, Japan, S. Korea renew free trade call

SEOUL: Trade chiefs from China, Japan and South Korea are renewing their call for an open, fair flow of goods and pledge to deepen economic ties, a few days before the Trump administration is set to unleash fresh tariffs on nations around the world.

Business

India, US making progress towards trade deal, officials say

NEW DELHI: Indian and United States officials have discussed trade issues including the reduction of tariffs and easing of non-tariff barriers, making progress towards a bilateral trade agreement during several days of talks in New Delhi on Saturday.

Markets

Short-selling resumption expected to entice global funds to Seoul

SEOUL: As South Korea prepares to lift a 17-month ban on short selling, market watchers are expressing confidence that long-term benefits from the resumption of the popular trading practice will far outweigh any near-term volatility.

Corporate News

Brazilian meatpacker to build two factories in Vietnam

Sao Paulo: Brazilian meatpacker JBS has announced that it will invest US$100mil to build two factories in Vietnam, aiming to expand its presence in South-East Asia and strengthen its position in the global market.

Corporate News

Malaysian-made polysilicon for US plant

KUCHING: South Korea's OCI Holdings will use the company's Malaysia-made solar-grade polysilicon for a new solar cell production plant to be built in Texas, United States.

Business

Lippo Group pledges to ‘resolve’ Meikarta project

Jakarta: Lippo Group has pledged to resolve the problems surrounding the long-stalled Meikarta project within four months, according to the Public Housing and Settlements Ministry.

Technology

‘Something is rotten’: Apple’s AI strategy faces doubts

New York: Has Apple, the biggest company in the world, bungled its generative artificial intelligence strategy?

Auto

German carmakers lag global peers

Stuttgart: Germany's leading car manufacturers lagged behind much of the global competition last year, struggling with weak sales and falling profitability, according to an analysis by auditing and consulting firm EY.

Star Biz7

Westports, MISC caught in US fee storm

The world is experiencing increased barriers to open trade at a pace that hasn't been seen in decades, since US president Donald Trump came to power.

Star Biz7

Is Mr DIY growing too fast?

It took MR DIY Group (M) Bhd, which sells everything from screwdrivers to biscuits, nearly 19 years to open its 500th store in 2019.

Star Biz7

SFP Tech seeks to mend itself

After what seems to be a turbulent start to the year, marked by a sharp decline in its market value and its first-ever quarterly loss, SFP Tech Holdings Bhd is working to regain its footing.

Star Biz7

Can Trump’s reshoring dream deliver?

The mechanics of reshoring hinge on making the United States more attractive than other countries in production and innovation.

Star Biz7

Rider Gate revs up bike sales

Every year, about 100,000 new bikes are sold in Malaysia, with the second-hand motorbike market accounting for about 10% to 12%.