Corporate News

Price increases to boost Carlsberg’s margin growth

The impact of Carlsberg Brewery Malaysia Bhd's price increases will translate into further margin expansion and steady earnings growth in financial year 2026 (FY26).

Corporate News

Musk reorganises xAI after SpaceX merger

Elon Musk has overhauled the management of his artificial intelligence (AI) startup xAI ahead of a planned initial public offering (IPO) that could rank among the largest ever, after merging the company with his rocket firm SpaceX.

Economy

PLN EPI breaks ground on gas pipeline

PT PLN Energi Primer Indonesia (PLN EPI) has begun the construction of a one trillion rupiah gas pipeline linking the West Natuna Transportation System to Pemping Island, Batam.

Corporate News

Infraharta Holdings wins RM11.4mil construction job

Infraharta Holdings Bhd has accepted a letter of award from Synergy Goldtree Sdn Bhd to undertake sub-contract works for a health clinic (Type 3) and dental specialist centre at Precinct 6, Putrajaya, worth RM11.42mil.

Economy

Critical shift seen in China demand levers

China is navigating a critical shift in its strategy to expand domestic demand, moving beyond short-term stimulus measures to focus on structural "core levers", including income, wealth distribution and social security, according to a senior public finance economist.

Insight

If I were at POC 2026 – Reading the pulse

This year, I am not seated in the conference hall. Instead, I am having my morning coffee in Kota Kinabalu – watching the South China Sea roll in, scrolling through messages, reading updates and flipping through PDFs from Bursa Malaysia Derivatives' 37th Palm & Lauric Oils Price Outlook Conference & Exhibition 2026 (POC 2026), monitoring developments from afar.

Insight

How to create jobs for the world’s 1.2 billion new workers

The world moves on different wavelengths. Some are high-frequency shocks – wars, emerging technologies, market panics – that spike quickly and dominate our attention.

Markets

Software sell-off disrupts M&A, IPO deals

A broad sell-off in software stocks is starting to stall deal-making and initial public offerings (IPOs) in the sector as volatility makes valuations unreliable and potential buyers cautious, about a dozen financial advisers and dealmakers have told Reuters.

Economy

Traders bet on fewer 2026 rate cuts on strong data

A strong US employment report caught investors in the US$30 trillion Treasury bond market off guard, sending yields surging as traders lowered their expectations for Federal Reserve (Fed) interest-rate cuts this year.

Support Line

SupportLine

Orkim Bhd breached the 21-day simple moving average (SMA) yesterday as its recovery gained speed after a week of idling.

Corporate News

McDonald’s beats quarterly global sales estimates

McDonald's has topped Wall Street estimates for fourth-quarter global comparable sales and profit, as meal deals and strong marketing promotions pulled in budget-strapped US diners and demand held firm in Australia and Britain.

Corporate News

Top aluminium buyer seeks US$218mil purchase

A major aluminium buyer is on the hunt for about 90 million pounds of the metal, an unusual move that threatens to further tighten a market fractured by President Donald Trump's tariff measures.

Corporate News

Couche-Tard shares soar after sidelining M&A

Alimentation Couche-Tard Inc says it will focus more on organic growth and boosting its merchandise revenues, as mergers and acquisitions (M&A) were kept out of its latest financial outlook, sending the retailer's stock price to its highest level since 2024.

Corporate News

Aussie CEO departures add uncertainty to earnings season

A string of unexpected chief executive departures is making for a shaky start to Australia's earnings season, amid a market that harshly punishes company disappointments and poor performance.

Banking

Higher dividend expected from large banks

There may be an upside to the dividend outlook for medium to larger banks this year as excess capital and lower gross impaired loans (GILs) incentivised rewards to shareholders.

Economy

Vietnam wants to develop a more self-reliant steel industry

Vietnam is sharpening its steel ambitions, with the government urging the industry to move beyond basic construction materials and towards greater self-reliance in producing specialised steel for automobiles, high-speed rail, energy infrastructure and national defence under a newly approved national strategy.

Economy

AI jolts are coming for workers, warns expert

Singapore's white-collar workers could be heading into a fresh wave of "AI jolts", says Dr Anthony Klotz, the organisational psychologist who gave a name to the Great Resignation.

Aviation

More global airlines using Hainan as MRO hub

A Boeing 787-8 operated by a Jordanian airline has become the latest widebody aircraft to undergo a full heavy maintenance check in South China's Hainan Free Trade Port (FTP), highlighting how tax breaks and streamlined customs are drawing foreign carriers to the fast-growing aircraft repair hub.

Corporate News

Kee Ming debuts strongly on ACE Market

ACE Market-debutant Kee Ming Group Bhd made its debut on the ACE Market of Bursa Malaysia at 79 sen, a 41 sen premium, or 107.89%, over its initial public offering price of 38 sen, with 15.51 million shares traded.

Economy

Aiming for 5.6% GDP growth in first quarter

Deputy Finance Minister Juda Agung says the government will push gross domestic product (GDP) growth beyond the baseline in the first quarter of 2026, banking on state spending and social assistance.