Latest
-
Markets
S&P, Nasdaq hit records on Iran ceasefire extension, earnings
US stocks climbed on Wednesday to send the S&P 500 and Nasdaq to closing records, after US President Donald Trump extended the ceasefire with Iran, with a round of solid corporate earnings providing additional support for optimism.
-
Commodities
Oil jumps on US fuel stock drop, reports of Hormuz attacks
Oil prices settled up by more than US$3 on Wednesday after a surprise gasoline and distillate stock draw in the US, and on reports of gunfire attacks on at least three container ships in the Strait of Hormuz amid a lack of progress in peace talks between the US and Iran.
-
Corporate News
Italian firm Eni announces ‘giant’ Geliga gas discovery
Italian energy giant Eni announces a major gas discovery off the coast of East Kalimantan, with estimated reserves of five trillion cubic feet (Tcf) of gas and 300 million barrels of condensate.
-
Insight
Palm oil deserves a day
I once dragged lobsters into a palm oil article. Not because I had lost my way between the estate and the seafood aisle, but because the lobster had a lesson to teach.
-
Economy
Jakarta holds the line on subsidised prices
Energy and Mineral Resources Minister Bahlil Lahadalia warns prices of non-subsidised fuels could rise again as global oil prices remain volatile.
-
Economy
Necessity-led firms offer shelter as sentiment dips
Consumer companies with a necessities-oriented product mix are expected to fare better amid disruptions from the Middle East conflict.
-
Banking
China banks accelerating global expansion
As Chinese banks accelerate their global push in support of the country's high-level opening-up, international expansion is rapidly emerging as a new battleground.
-
Corporate News
Halliburton sees signs of North American rebound
Halliburton Co sees early signs of a resurgence in North American oilfields as the Iran war disrupts Middle East production and drives up prices.
-
Corporate News
Apple’s new CEO faces talent‑retention test
John Ternus, Apple Inc's next chief executive officer, is up against a major challenge as he settles into the role: retaining top talent during a time of historic turnover.
-
Corporate News
Market sentiment softens for REITs
Malaysia's real estate investment trust (M-REIT) sector is facing a tougher environment as analysts warn that the asset class is losing some of its relative appeal amid rising competition from alternative income-generating investments.
-
Insight
Iran war may crush oil demand today, but send it soaring long term
While oil demand destruction deepens with each passing day the Strait of Hormuz remains closed, the longer-term impact of the Iran war may paradoxically work in oil's favour.
-
Support Line
SupportLine
Eastern & Oriental Bhd surged yesterday to clear the 200-day simple moving average (SMA) as its resumed a bullish trend.
-
Corporate News
Quill Group inks MoU with China’s FAW for Hongqi distribution
Quill Group has inked a memorandum of understanding (MoU) with Chinese automobile manufacturer First Automotive Works (FAW) Group to be the importer and distributor of luxury car brand Hongqi in Malaysia.
-
Corporate News
Public Bank holds firm on growth trajectory
Public Bank Bhd is well-positioned to remain resilient against inflationary pressures, given its long-standing focus on high-quality assets, supported by its industry-leading loan loss coverage (LLC) of 150%, says Kenanga Research.
-
Energy
Energy safe-haven status grows amid Mideast war
The war in the Middle East is driving a shift in global energy investment, as capital increasingly flows toward more stable and diversified regions, with Malaysia regarded as a "safe haven" in South-East Asia.
-
Corporate News
CTOS aims for double-digit revenue rise
CTOS Digital Bhd is transitioning from a traditional bureau into a platform-centric intelligence provider, leveraging demand from fraud-related segments to target a 10%-12% compound annual growth rate (CAGR) in revenue.
-
Corporate News
Capital One first-quarter profit misses estimate
Capital One Financial Corp, the biggest US credit card lender, reported a first quarter profit that missed Wall Street's estimate and set aside more cash to cover soured loans.
-
Corporate News
BUKIT KAYU HITAM ICD TO POWER CROSS-BORDER TRADE
The Bukit Kayu Hitam Inland Container Depot (ICD) is rapidly emerging as one of the most important logistics developments in Northern Malaysia, positioning itself as a key gateway for cross-border trade between Malaysia and Thailand.
-
Economy
‘Reform, recalibrate response to global changes’
Malaysia should reform or recalibrate its response to changes in the global architecture, especially in trade, as they occur, says Malaysian Investment Development Authority (Mida) chairman Tengku Datuk Seri Zafrul Abdul Aziz.
-
Corporate News
United Plantations posts higher revenue in 1Q26
United Plantations Bhd expects to deliver a "satisfactory" performance for its the financial year ending Dec 31, 2026 (FY26), underpinned by firm palm oil prices, resilient biodiesel demand and continued operational discipline.
