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Wed, 08 Dec 2021
4:53 PM Why Do I Always Lose Money in the Stock Market? Round and Surge
4:48 PM Commodity trader Trafigura nearly doubles profit to hit record in FY21
4:35 PM L'Oreal up 1.4% after Nestle's plans to sell US$10 billion worth of shares
4:27 PM Indonesia to send 5,000-10,000 people in January to work in Malaysia, says...
4:22 PM Scientex kicks off FY22 with RM103mil net profit in Q1

KUALA LUMPUR: Packaging manufacturer and property developer Scientex Bhd began its new financial year strongly, with an 11.2 per cent higher net profit of RM102.9 million in the first quarter ended Oct 31 2021 (1Q22) from RM92.5 million a year ago.
4:16 PM China Evergrande shares hit new low amid debt crisis; Kaisa misses pay date

HONG KONG: China Evergrande Group's shares hit a record low on Wednesday after a missed debt payment deadline put the developer at risk of becoming the country's biggest defaulter, even as hopes of a managed debt restructuring calmed fears of a messy collapse.
4:12 PM Securitas to buy Stanley Black & Decker's electronic security business for...
4:00 PM Time to step up and take a stand on corporate governance issues, the SC tells...
3:47 PM Scientex's 1Q net profit rises 11% on higher revenue from property division
tag stockSCIENTX +0.7%,
3:38 PM Malaysian economy to be on firmer recovery path in 2022 — RAM Ratings
3:12 PM Top Glove shareholders pass resolutions in support of HKEX listing plan

KUALA LUMPUR: Top Glove Corp Bhd's shareholders have green lit resolutions put forward by its board of directors in support of the proposed dual primary listing on the Hong Kong Stock Exchange (HKEX).
tag stockTOPGLOV -2.4%,
3:12 PM Top Glove shareholders approve US$473 million Hong Kong listing plan
tag stockTOPGLOV -2.4%,
3:04 PM SAIC Mobility and Momenta to start public trials of robotaxi service in Shanghai
3:04 PM Indian billionaire Ambani says 5G roll-out should be nation's priority
3:00 PM MMS Ventures switches strategy to boost machine sales volume
tag stockMMSV 0%,
2:56 PM Scientex posts stronger net profit of RM102.9il in 1Q

KUALA LUMPUR: Scientex Bhd posted an 11.2% higher net profit of RM102.9mil in the first quarter ended Oct 21, 2021, compared to RM92.5mil a year ago.
tag stockSCIENTX +0.7%,
2:52 PM Goldman Sachs has bad news for investors rushing to buy the dip
2:47 PM CTOS buys extra 3.5pct of RAM for RM7.6mil, raising stake to 8.1pct

KUALA LUMPUR: CTOS Digital Bhd has acquired an additional 3.5 per cent stake in RAM Holdings Bhd for RM7.6 million, bringing its total shareholdings in the rating agency to 8.1 per cent.
tag stockCTOS +2.3%,
2:47 PM CTOS buys additional 3.5% stake in RAM Holdings
tag stockCTOS +2.3%,
2:34 PM Transport Ministry says Thai land bridge will become transit port to rival Hong...
2:32 PM Moody's: Apac's carbon-intensive economies vulnerable to emission taxes

KUALA LUMPUR: Carbon taxes imposed by other countries on Asia-Pacific’s exports could dampen the region’s trade activity, particularly in carbon-intensive products, according to Moody’s Investors Service in its latest report.
2:21 PM Some hedge funds may have lost millions on bets on China's Didi Global
2:14 PM Ficus Capital takes RM2mil stake in Malaysia's EV firm Eclimo

KUALA LUMPUR: Shariah-compliant venture capital fund Ficus Capital has invested RM2 million in Eclimo Sdn Bhd, an electric vehicle company, to assist in Malaysia’s drive towards sustainable energy.
2:02 PM Report: Global firms to be better prepared for cyberattacks in 2022
2:00 PM Plastic packaging players maintain margins by passing on costs
tag stockTGUAN -1.8%, TOMYPAK 0%, DAIBOCI 0%, BPPLAS 0%, SCIENTX +0.7%, SCGM -1.1%, SLP +1.6%,
1:52 PM Asian stocks ride global relief as investors shake off Omicron fears

HONG KONG: Asian shares hit a near two-week top on Wednesday, extending a global relief rally as investors cheered signs the Omicron variant of the coronavirus may be less disruptive to the world economy than first feared.
1:52 PM Beijing warns against disorderly construction of data centres
1:50 PM Asian stocks ride global relief as investors shake off Omicron fears
1:48 PM Australia's Woodside Petroleum to invest US$5 billion in new energy by 2030
1:37 PM Oil prices ease as investors wait for assessment of Omicron's impact

TOKYO, Dec 8 (Reuters) - Oil prices eased on Wednesday, taking a breather after two days of gains, as investors waited for an assessment of full impact of the Omicron coronavirus variant on global economy and fuel demand as well as the effectiveness of existing vaccines.
1:29 PM Nestle Malaysia to fully shift to renewable energy by New Year

KUALA LUMPUR: Nestle (Malaysia) Bhd aims to be fully transitioning to 100 per cent renewable electricity across all its operations in Malaysia by January 1 next year.
tag stockNESTLE -1.1%,
1:28 PM CTOS Digital raises stake in RAM to RM8.1%

KUALA LUMPUR: CTOS Digital Bhd has upped its stake in RAM Holdings Bhd by an additional 3.5%, bringing its total shareholdings in the bond rating agency to 8.1%.
tag stockCTOS +2.3%,
1:18 PM Property market to recover in 2022 on renewed consumer confidence, says PropertyGuru

KUALA LUMPUR: The property market will likely recover in 2022 with renewed consumer confidence and gradual improvement, beginning the first half of the year, said property experts.
1:17 PM ManagePay inks deal with PLUS for cashless retail payments along highways
tag stockMPAY +5.4%,
1:10 PM Visa launches crypto advisory service for financial institutions, merchants
1:08 PM Bursa stays mixed at midday
12:45 PM FBM KLCI lags behind regional rally, stays flat at midday

KUALA LUMPUR: The FBM KLCI ended flat at midday after recovering from a mid-morning dip on heightened investor anxiety over the global recovery.
12:44 PM Thai c.bank urges banks to refrain from trading digital assets
12:41 PM China’s imports from Australia slow for 2nd straight month in Nov — Global Times
12:39 PM Australian airlines gear up for price war as new challengers enter market
12:38 PM ATA IMS shares jump 24%
tag stockATAIMS +12.5%,
12:34 PM China-US trade set to hit new record in 2021 after solid Jan-Nov data despite...
12:25 PM Weibo shares fall 6% below issue price on Hong Kong listing
12:24 PM Ford to invest $900 mln in Thailand plants
12:18 PM Malaysia's economy to expand 6.8pct in 2022, says RAM

KUALA LUMPUR: RAM Rating Services Bhd projects Malaysia's economic growth to reach 6.8 per cent next year from an estimated 3.8 per cent in 2021. 
12:18 PM Ford to invest US$900 million in Thailand plants
12:15 PM OCR inks deal to use advanced construction technologies
tag stockOCR 0%,
12:05 PM Shanghai stainless steel futures fall on weak downstream demand

BEIJING: Chinese stainless steel futures dropped on Wednesday to their lowest in more than three months, dented by sluggish downstream demand and easing raw material prices.
11:57 AM China Evergrande hits new low on default worries; Kaisa misses pay date
11:49 AM KWAP loans to SRC for Najib's personal interest, says Court of Appeal
11:41 AM Maybank IB Research upgrades property sector to 'neutral', sees fragile...
tag stockSPSETIA -1.6%, SIMEPROP -1.6%, MAHSING -0.7%, TAMBUN 0%, SUNWAY +1.2%, UEMS -1.6%, ECOWLD 0%,
11:31 AM Quick take: ATA IMS jumps 23% following response to allegations

KUALA LUMPUR: Shares in ATA IMS Bhd bounced higher on heavy trading volume on Wednesday following its response to recent news reports alleging the mistreatment of workers at its plants.
tag stockATAIMS +12.5%,
11:27 AM 3,088 contracts traded during Bursa Malaysia Derivatives' first night trading session 

KUALA LUMPUR: Bursa Malaysia Derivatives Bhd’s first After-Hours (T+1) Night Trading Session, which was launched on December 6, saw strong participation from both local and foreign market participants.
11:03 AM How Big Tech is faring against U.S. lawsuits and probes
11:02 AM Langkawi welcomes Forward Realty as corporates slowly regain confidence to organise physical events

KUALA LUMPUR: Langkawi welcomed 60 participants from real estate agency Forward Realty Sdn Bhd for Malaysia Convention and Exhibition Bureau's (MyCEB) incentive trip between Nov 8 and Nov 10.
10:43 AM US House passes bill to speed passage of debt limit increase

WASHINGTON: The U.S. House of Representatives late on Tuesday approved a measure allowing Congress to fast-track legislation raising the federal government's debt limit and stave off a potential unprecedented default.
10:42 AM Malaysia's international reserves to remain steady fuelled by trade, current account surpluses: Affin Hwang

KUALA LUMPUR: Malaysia's international reserves is expected to hover around US$116 billion level by end-2021 compared to US$107.6 billion as at end-2020, Affin Hwang Capital said.
10:39 AM RM opens higher against USD

KUALA LUMPUR: The ringgit strengthened against the US dollar at the opening on Wednesday for some uncertainty over the pandemic has begun to dissipate as scientists have started to have a better understanding of the Omicron variant.
10:35 AM Daibochi's Q1 earnings below expectations, says MIDF Research

KUALA LUMPUR: Daibochi Bhd's first quarter (Q1) net profit of RM8.9 million came in below expectations at 17 per cent and 19 per cent of MIDF Research and consensus respective full-year estimates. 
tag stockDAIBOCI 0%,
10:35 AM Asian shares catch global equities rally, but oil slips
10:35 AM Top Glove’s 1Q profit expected to fall q-o-q as average selling price...
tag stockTOPGLOV -2.4%,
10:34 AM Hyundai to invest US$530 million to launch six EVs in India by 2028
10:22 AM Bursa Malaysia extend gains, CI opens at 1,500 level

KUALA LUMPUR: Bursa Malaysia extended gains after a rebound with the barometer index opening at 1,500 level today.
10:20 AM Ringgit opens higher as Omicron revealed to be less deadly

KUALA LUMPUR: The ringgit strengthened against the US dollar at the opening on Wednesday as some uncertainty over the pandemic has begun to dissipate as scientists have started to have a better understanding of the Omicron variant.
10:17 AM Berjaya Sports Toto's luxury car segment to cushion slower NFO recovery

KUALA LUMPUR A slower recovery in Berjaya Sports Toto Bhd's numbers forecast operator (NFO) business could be cushioned by the group's luxury car dealership, as the latter's earnings contribution in FY21 showed considerable growth despite operating restrictions.
tag stockBJTOTO +0.5%,
9:50 AM Bursa Malaysia extends gains
9:45 AM Meta offers deferral program for employees unready to return to office
9:44 AM REVENUE(0200)投资者分享会重点 – 06/12/2021
tag stockREVENUE +7.9%,
9:44 AM INNO(6262)投资者分享会重点 – 30/11/2021
tag stockINNO +0.7%,
9:43 AM UWC(5292)业绩点评 – 03/12/2021
tag stockUWC +1.4%,
9:42 AM MAYBULK(5077)业绩分享 (23-11-2021)
tag stockMAYBULK +1.9%,
9:40 AM LAGENDA(7179)业绩分享 (22-11-2021) 12Invest
9:39 AM ELSOFT(0090)业绩分享 (21-11-2021)
tag stockELSOFT +3.5%,
9:38 AM SLP(7248)业绩分享 (6-11-2021)
tag stockSLP +1.6%,
9:37 AM ECOMATE(0239)业绩分享 (4-11-2021) 12Invest
9:32 AM Ringgit opens higher against US dollar at opening
9:30 AM Steel industry set to pivot to hydrogen in US$278b green push
9:24 AM Investor caution on Bursa caps rebound momentum

KUALA LUMPUR: Bursa Malaysia started out on a flat note on Wednesday as it struggled to maintain the rebound it had started in the previous session.
9:14 AM Aussie buoyant, dollar listless as Omicron optimism lifts risk assets
8:51 AM Trading ideas: Atlan, Cypark Resources, CIMB, Ireka, TAFI Industries and Yinson

KUALA LUMPUR: Stocks to watch for following recent corporate announcements include Atlan, Cypark Resources, CIMB, Ireka, TAFI Industries and Yinson, according to JF Apex Research.
tag stockATLAN +3.5%, CYPARK 0%, CIMB -0.4%, IREKA +0.7%, TAFI -0.5%, YINSON -0.5%,
8:47 AM MRT 3 project on right track

KUALA LUMPUR: Government approval of the financing plan for the Klang Valley Mass Rapid Transit Line 3 (MRT3) project is expected by early-2022, with the tender coming out in April.
tag stockGAMUDA +3.5%, HSSEB 0%, SUNCON +2.0%, GBGAQRS +2.4%, IJM 0%, MRCB 0%, SUNWAY +1.2%, UOADEV 0%,
8:45 AM Metals costs to adversely impact margins for OEMs and global EV adoption, says...
8:33 AM Australia shares rise as Omicron fears ease, commodity stocks rally
8:30 AM How EPF millionaires stack up
8:30 AM Near-term market outlook likely to stay upbeat, says Inter-Pacific
8:13 AM Nestle trims L'Oreal stake with US$10 billion sale
7:57 AM Biden warns Putin of sanctions, aid for Ukraine military if Russia invades
7:54 AM Uchi poised for an uptrend reversal, says RHB Retail Research
tag stockUCHITEC +0.6%,
7:53 AM SCGM set to reclaim 52-week high, says RHB Retail Research
tag stockSCGM -1.1%,
7:45 AM Apple's iPhone 13 production fell 20% in Sept-Oct - Nikkei
7:43 AM Amazon cloud outage hits major websites, streaming apps
7:41 AM France's Martinique territory imposes new curfew as COVID infections surge
7:40 AM Bulls take charge as Omicron concerns ease
7:38 AM Wall Street closes higher with Nasdaq boosted by tech rally
7:35 AM All eyes on Najib's appeal outcome
7:16 AM Censof Holdings in tie-up for cloud services

PETALING JAYA: Censof Holdings Bhd has signed a joint venture (JV) agreement to develop and operate a “hyperscale (Microsoft Azure)” cloud management system in Malaysia.
tag stockCENSOF -3.3%,
7:16 AM Carlsberg wins ‘Company of the Year’ award

PETALING JAYA: Carlsberg Brewery Malaysia Bhd has bagged the “Company of the Year” award under the manufacturing of beverage sector for the second time at the 6th edition of the Sustainability & CSR Malaysia Awards 2021.
tag stockCARLSBG +0.1%,
7:16 AM Aurelius shares oversubscribed

KUALA LUMPUR: Shares of Aurelius Technologies Bhd were oversubscribed by 20.27 times ahead of the group’s listing on the Main Market of Bursa Malaysia on Dec 16.
7:16 AM Islamic capital market has potential to expand

World economic recovery path bodes well for segment
7:16 AM Digi manages to stem pressure on prepaid Arpu

PETALING JAYA: Allowing mobile network operators (MNOs) to roll out their own 5G core network would mean greater service differentiation and innovation for all players including Digi.Com Bhd.
tag stockDIGI +0.5%,
7:16 AM October household spending extends decline

Consumers’ mood remains cautious
7:16 AM Toyota chooses North Carolina for first US battery plant

NEW YORK: Toyota Motor Corp will break ground on its first battery factory in the United States at a mega-site in North Carolina, joining an industry-wide push as automakers accelerate efforts to electrify their fleets.
7:16 AM Management shakeup in Samsung

Consumer and mobile divisions to be merged
7:16 AM Omicron seen slowing India’s policy normalisation

NEW DELHI: The Reserve Bank of India (RBI) will likely keep its key lending rate at a record low for a ninth straight meeting, with a new virus variant seen as the latest threat to the central bank’s efforts to return policy to normal.
7:16 AM Exports, imports hit new records in November

BEIJING: China’s exports and imports grew faster than expected in November, with both hitting records as external demand surged ahead of the year-end holidays and domestic production rebounded on an easing power crunch.
7:16 AM China shifts toward easing with property downturn hitting growth

BEIJING: China’s policymakers moved to expand support for the nation’s economy as a property market downturn threatens to hamper growth into next year.
7:16 AM Elon Musk talks brain chips, infrastructure bill

AUSTIN (TEXAS): Elon Musk, the CEO of Tesla Inc and SpaceX, says US President Joe Biden’s “Build Back Better” bill, which includes federal funding for electric vehicle charging stations, should be canned because it would add to the country’s deficit.
7:16 AM RBNZ sees risk of tighter labour sector

WELLINGTON: A stronger New Zealand dollar will help the central bank achieve its policy objectives, including managing rising inflationary pressures, more quickly, Reserve Bank of New Zealand (RBNZ) assistant governor Christian Hawkesby said yesterday.
7:16 AM Decision on 5G model next month

Govt still reviewing feedback from telcos
7:16 AM Citi picks Standard Charterd bank in Malaysia as front runner for Asia retail sales

SINGAPORE: Citigroup Inc has chosen preferred bidders for its consumer assets in several Asian markets as the US lender presses ahead with its plans to divest numerous units across the region, according to sources.
7:16 AM Analysts upbeat about prospects for 2022

Local bourse to ride on macroeconomic recovery
7:16 AM RHB targets digital transactions to grow above 95% in 2023

KUALA LUMPUR: RHB Bank Bhd aims to grow its digital transactions beyond 95% in 2023 from 93% currently, as part of the group’s digital strategy.
tag stockRHBBANK +0.6%,
7:16 AM CIMB Group completes shareholding sale in CGS-CIMB Securities

KUALA LUMPUR: CIMB Group Holdings Bhd’s wholly-owned subsidiary CIMB Group Sdn Bhd (CIMBG) has completed the sale of 24.99% and 25% of its shareholding in CGS-CIMB Securities International Pte Ltd (CSI) and CGS-CIMB Holdings Sdn Bhd (CCH), respectively, to China Galaxy International Financial Holdings Ltd (CGI).
tag stockCIMB -0.4%,

Making transition to cloud simple with Maxis Right Cloud
7:16 AM Insight - China Evergrande teeters again, but investors are less fearful

JUST three months after narrowly avoiding collapse, the world’s most indebted developer China Evergrande Group is teetering on the brink again and investors are still unclear how much or for how long the problems could reverberate.
7:16 AM Shahril Ridza to succeed Ghazzali as Axiata chairman

PETALING JAYA: Tan Sri Shahril Ridza Ridzuan will succeed Tan Sri Ghazzali Sheikh Abdul Khalid as chairman of Axiata Group Bhd following the latter’s planned retirement at the end of the year.
tag stockAXIATA -2.4%,
7:16 AM Daibochi cautiously optimistic about 2022

KUALA LUMPUR: Daibochi Bhd, a leading flexible plastic packaging (FPP) solutions provider, remains cautiously optimistic that the current financial year ending July 31, 2022 (FY22) would remain positive on the back of resilient demand for FPP solutions.
tag stockDAIBOCI 0%,
7:16 AM Year-end festive boost for retail recovery

REITs to benefit from economic rebound
tag stockIGBREIT -0.6%, PAVREIT +0.8%, SUNREIT -0.7%, YTLREIT +1.1%,

WITH today’s world changing at an accelerated pace, the needs and expectations of the more affluent members of society have also been elevated.
7:16 AM Earnings rebound seen for banks next year

Valuations still trailing below pre-pandemic values
tag stockRHBBANK +0.6%, AMBANK +0.9%, HLBANK +0.1%, HLFG -0.2%, BIMB +1.4%, ABMB +0.3%,
7:16 AM Yinson in RM1bil sukuk issuance

KUALA LUMPUR: Yinson Holdings Bhd has successfully priced Malaysia’s first sustainability-linked sukuk via the issuance of RM1bil five-year sustainability-linked sukuk Wakalah.
tag stockYINSON -0.5%,
7:02 AM Study suggests Pfizer COVID-19 vaccine may only partially protect against Omicron

The Omicron variant of the coronavirus can partially evade the protection from Pfizer Inc and partner BioNTech's COVID-19 vaccine, the research head of a laboratory at Africa Health Research Institute in South Africa said on Tuesday.
6:51 AM Oil CEOs raise alarm over market's readiness to drop fossil fuels

HOUSTON: A coming transition from oil and gas to renewables will be "messy" for many years and lead to sharp energy price volatility as demand and supply clash, top energy executives said on Tuesday.
6:45 AM Oil rises 3%, extending rally as Omicron fears retreat

CALGARY, Alberta,: Oil prices climbed by more than 3% on Tuesday, extending the previous day's rebound of almost 5% as concerns eased further about the impact on global fuel demand of the Omicron coronavirus variant
6:35 AM Omicron sets back airline industry's recovery hopes

New travel restrictions prompted by the Omicron coronavirus variant have set back the nascent recovery in international flights, creating delays and headaches in some regions, according to airline and airport officials.
6:30 AM GLOBAL MARKETS-Bulls take charge as Omicron concerns ease

NEW YORK/LONDON: Global equity markets and oil prices surged on Tuesday after a timely shot of Chinese stimulus helped spark a rally that was further fueled by views that the Omicron COVID-19 variant will not cause major economic damage.
2:20 AM Evergrande bondholders yet to be paid as grace period ends
1:08 AM UAE to shift to Saturday-Sunday weekend in line with global markets
12:50 AM Lacklustre trading thwarts London's tech IPO ambitions
12:37 AM Intel shares surge on potential windfall from Mobileye listing
12:31 AM Big Tech, chipmakers power Nasdaq as Omicron worries subside
12:16 AM Ireka Corp sees 9% stake traded off-market
tag stockIREKA +0.7%,
Tue, 07 Dec 2021
11:37 PM Witness admits to contradictions in statements about RM3.5 mil commission...
11:11 PM Yinson, Atlan, Cypark, CIMB, Ireka, TAFI, Daibochi, Axiata, Inari Amertron and...
tag stockYINSON -0.5%, ATLAN +3.5%, CYPARK 0%, CIMB -0.4%, IREKA +0.7%, TAFI -0.5%, DAIBOCI 0%, AXIATA -2.4%, INARI +2.0%, ATAIMS +12.5%,
11:01 PM SKP Resources in talks with Andy Hall to improve migrant workers' welfare
tag stockSKPRES -10.8%,
10:57 PM US trade gap shrinks for first time since July on export surge
10:50 PM Bitcoin's latest plunge highlights the danger of a crypto salary
10:47 PM Bursa Malaysia Derivatives’ first night trading session registers strong...
10:10 PM Hearing of Najib's stay bid in civil suit by SRC rescheduled to Jan 25
10:01 PM Yinson raises RM1bil through Malaysia's first sustainability-linked sukuk wakalah programme

KUALA LUMPUR:  Yinson Holdings Bhd has successfully priced Malaysia’s first Sustainability-Linked Sukuk via the issuance of RM1 billion 5-year Sustainability-Linked Sukuk Wakalah pursuant to its Islamic Medium Term Notes Programme of up to RM1 billion in nominal value.
tag stockYINSON -0.5%,
9:58 PM 3,088 contracts traded during Bursa Malaysia derivatives' first night trading session

KUALA LUMPUR: Bursa Malaysia Derivatives Bhd’s first After-Hours (T+1) Night Trading Session, which was launched last night, saw strong participation from both local and foreign market participants.
9:55 PM ATA remains committed to ensure well-being of workforce

KUALA LUMPUR:  ATA IMS Bhd has reiterated that the company remained committed to ensuring the wellbeing of its local and foreign workforce as it delivers quality products and services to its customers in over 80 countries.
tag stockATAIMS +12.5%,
9:48 PM Citi picks favourites for over US$3 billion in Asia sales
9:37 PM Goldman Sachs CEO expects higher inflation
8:48 PM CPO futures hit one-week high on worries over lower output
8:35 PM ATA IMS says workers resigned after it implemented 'zero overtime on Sunday'...
tag stockATAIMS +12.5%,
8:32 PM Carlsberg Brewery bags Company of the Year' award

KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd has bagged ‘Company of the Year’ at the Sustainability & CSR Malaysia Awards 2021.
tag stockCARLSBG +0.1%,
8:27 PM ATECH(5302)投资者分享会特别报告 EventureGroup
8:25 PM Yinson completes issuing RM1 billion sustainability-linked sukuk
tag stockYINSON -0.5%,
8:17 PM Atlan buys back remaining 15% not held in duty-free unit DFZ for RM45.8m
tag stockATLAN +3.5%,
8:05 PM Ireka bags projects worth RM468mil in GDV from Terengganu state govt

KUALA LUMPUR: Ireka Corp Bhd's subsidiary, Ireka Development (Terengganu) Sdn Bhd (IDTSB), has secured development projects with an estimated gross development value (GDV) of RM468 million from the Terengganu state government.
tag stockIREKA +0.7%,
8:04 PM Cypark inks MoU with Huawei Malaysia for long-term cooperation on renewable...
tag stockCYPARK 0%,
8:04 PM PKNS introduces Rafflesia 2 in Bernam Jaya
7:58 PM Some Macau casinos to shut junket-operated VIP rooms, sources say
7:57 PM ATA IMS remains committed to ensure wellbeing of workforce
tag stockATAIMS +12.5%,
7:49 PM Yinson upsize sukuk issuance to RM1bil due to overwhelming demand

KUALA LUMPUR: Yinson Holdings Bhd (Yinson) has successfully priced Malaysia's first sustainability-linked sukuk by issuing RM1.0 billion in five-year sustainability-linked sukuk wakalah in compliance with Islamic medium-term notes (IMTN).
tag stockYINSON -0.5%,
7:47 PM Instagram, ahead of US Senate hearing, tightens teen protection measures
7:44 PM The Mines creates new elements to increase footfall

KUALA LUMPUR: The Mines, managed by CapitaLand Investment (Malaysia), is adding a new element to the mall's Christmas display this year.
7:41 PM Indonesia issues new stock market rules aimed at luring tech listings
7:35 PM Sabah-Petronas strategic collaboration to have beneficial economic spillover...
7:31 PM Govt’s Felda recovery plan takes close to 10% of Malaysians out of poverty
7:27 PM China Galaxy raises stake in stockbroking JV with CIMB
7:21 PM Aurelius Technologies shares oversubscribed by 20.27 times ahead of main market listing

KUALA LUMPUR: Aurelius Technologies Bhd (ATech) shares oversubscribed by 20.27 times ahead of the company's listing on the main market of Bursa Malaysia.
7:17 PM TAFI Industries proposes two-for-one bonus issue, warrants

KUALA LUMPUR: Furniture manufacturer TAFI Industries Bhd has proposed to undertake a bonus issue of up to 252.95 million new ordinary shares on the basis of two bonus shares for every one share held in the company.
tag stockTAFI -0.5%,
7:15 PM Malaysia's exports to breach US$498bil by 2030: Standard Chartered

KUALA LUMPUR: Malaysia’s exports is projected to grow at an average annual rate of over eight per cent to breach US$498 billion by 2030, according to Standard Chartered.
7:14 PM Aurelius Technologies IPO public portion oversubscribed by 20.27 times
7:10 PM Cooperation between Bank Negara, MAS on linking DuitNow and PayNoe among topics discussed - Tengku Zafrul

KUALA LUMPUR: Cooperation between both Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) to commence a phased linkage of Malaysia’s DuitNow and Singapore’s PayNow real-time payment systems were among the topics discussed with Singapore, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
7:07 PM Ireka unit accepts RM468mil development award in Terengganu

KUALA LUMPUR: Ireka Corp Bhd's unit Ireka Development (Terengganu) Sdn Bhd has accepted a RM468mil contract from the Terengganu state government to develop through privatisation affordable and mixed housing developemnt in the Kemaman district of the state.
tag stockIREKA +0.7%,
6:59 PM Ireka Corp secures RM468 mil housing project in Terengganu
tag stockIREKA +0.7%,
6:55 PM Court to deliver Najib's appeal verdict as scheduled; bid to adduce new...
6:50 PM Lynas: Proposed permanent disposal facility construction site to remain in...
6:33 PM MIDF Research sees 'no catalyst' ahead for listed construction firms
6:16 PM UK house prices hit a record in November
6:15 PM Ta Win Holdings appoints Tan Seng Pang as new COO

KUALA LUMPUR: Ta Win Holdings Bhd (Ta Win) has appointed Tan Seng Pang as its new chief operating officer, effective from December 7, 2021.
tag stockTAWIN 0%,
6:04 PM TA Global unveils Idaman Hills in Kluang, Johor
6:00 PM OCK could benefit from DNB’s partnership with Ericsson in 5G rollout
tag stockOCK +2.2%,
5:57 PM The Price Volume Action to Decide for Early Exit & Lock In Profit — PTRANS
tag stockPTRANS +0.8%, PTRANS-WB +3.2%,
5:49 PM Bursa Malaysia up 1% on window-dressing activities

KUALA LUMPUR: Bursa Malaysia turned positive on Tuesday after a broad recovery rally, thanks to window-dressing activities and risk-on mode.
5:43 PM TAFI proposes bonus share, warrant issue
tag stockTAFI -0.5%,
5:39 PM UMW Toyota aims to introduce locally-assembled hybrid, electric vehicles by end-2021

KUALA LUMPUR: UMW Toyota Motor Sdn Bhd (UMWT) hopes to finish the year on a high note by introducing hybrid electric vehicles and strengthening its position in the domestic market.
tag stockUMW -1.0%,
5:37 PM RHB Bank to bolster online banking transactions

KUALA LUMPUR: RHB Bank Bhd wants to grow its digital transaction of the overall banking transactions to more than 95 per cent in 2023 from the current 93 per cent.
tag stockRHBBANK +0.6%,
5:33 PM EU antitrust regulator seeks input on Microsoft's US$16b Nuance deal
5:22 PM Bursa Malaysia up 1% on window-dressing activities
5:21 PM BAT sticks to forecast as demand for tobacco alternatives rises

BRITISH American Tobacco said it sees 2021 as a "pivotal year" as it backed its full-year profit and sales forecasts on Tuesday buoyed by strong demand for its "new categories" products. Its shares, down 3% this year, rose 1.75% to 2,671 pence in morning trading after the FTSE-listed company also flagged a possible share buyback.
tag stockBAT +0.6%,
5:10 PM China stocks rise on monetary easing; Evergrande woes in focus

SHANGHAI: China stocks ended higher on Tuesday after the central bank cut the amount of cash banks must hold in reserve, while investors cautiously watched if Evergrande would default as the world's most indebted developer inches closer to a debt restructuring.
5:02 PM RHB Bank targets 95% digital transactions by 2023
tag stockRHBBANK +0.6%,
5:00 PM Brace for ringgit volatility as Fed expected to accelerate policy tightening
4:59 PM MARC assigns Silver Impact Bond Assessment to Sunway REIT’s inaugural...
tag stockSUNREIT -0.7%,
4:45 PM LG Energy Solution's IPO set to raise at least US$9.3 billion
4:33 PM Malaysia's exports to hit almost US$500b by 2030 — StanChart
4:30 PM The Week Ahead: Key trials in Malaysia, plus US and China inflation data take...
4:00 PM Tough times ahead for ATA IMS
tag stockATAIMS +12.5%,
3:58 PM New data shows GSK-Vir drug works against all Omicron mutations
3:48 PM Ringgit seen appreciating to RM4.09 against US dollar on vaccine-driven...
3:44 PM Honda Malaysia launches City Hatchback, hopeful for 2022

KUALA LUMPUR: Honda Malaysia says it is badly affected in 2021 due to the Covid-19 pandemic but is hopeful for a better 2022.
3:44 PM Oil prices climb over US$1/bbl as Omicron fears ease, Iran delay

SINGAPORE: Oil prices extended gains on Tuesday from a near 5% rebound the day before as concerns about the impact of the Omicron coronavirus variant on global fuel demand eased while Iran nuclear talks stalled, delaying the return of Iranian crude.
3:42 PM Malaysian economy to accelerate 6.0pct in 2022, says MIDF Research

Azanis Shahila Aman
3:32 PM Bank Negara international reserves expand to US$116.7bil as at Nov 30

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves expanded to US$116.7 billion as at Nov 30, 2021 from US$116.5 billion as at Nov 15, 2021.
3:26 PM Islamic capital market still has potential to expand reach to broader stakeholder economy - SC chairman

KUALA LUMPUR: There is still "tremendous potential” for the Islamic capital market (ICM) to expand its reach to the broader stakeholder economy through sustainable initiatives. 
3:22 PM KL is Asia's second cheapest city for international schools, US and China most expensive

KUALA LUMPUR: Kuala Lumpur is the second cheapest city in Asia for international schools, at a median of US$5,432 per year, behind Phnom Penh, according to International Schools Database's (ISD) latest research.
3:21 PM Malaysian palm oil sustainably produced, does not involve permanent forest...
3:20 PM Tan Sri Ghazzali retires as Axiata chairman at year-end, Tan Sri Shahril Ridza named successor

Azanis Shahila Aman
tag stockAXIATA -2.4%,
3:18 PM Dennis Gartman says ‘bear market is required’ as stocks over-valued
3:18 PM Eurobank to sell 80% of merchant acquiring unit to Worldline
3:11 PM China’s exports and imports hit new records on strong demand
3:00 PM CIMB makes headway on sustainability front
tag stockCIMB -0.4%,
2:56 PM Intel plans to take self-driving car unit Mobileye public
2:54 PM Sunway REIT partners with OCBC Bank for sustainability-linked bonds

KUALA LUMPUR: SunREIT Unrated Bond Bhd (SUB) has issued the first tranche of Sustainability-Linked Bonds (SLBs) as part of Sunway Real Estate Investment Trust’s (Sunway REIT) inaugural sustainable financing exercise in partnership with OCBC Bank (Malaysia) Bhd.
tag stockSUNREIT -0.7%,
2:47 PM Hong Kong fintech WeLab to launch digital bank in Indonesia

HONG Kong fintech WeLab said on Tuesday it will buy a controlling stake in Indonesian commercial lender PT Bank Jasa Jakarta and launch a digital bank in the country - one of Asia's fastest-growing digital economies.
2:46 PM Indonesia court rejects bid to reinstate palm oil permits in Papua
2:45 PM Japan's Nikkei jumps most in over a month as Omicron fear eases
2:41 PM China Evergrande's snowballing debt crisis
2:30 PM Westports Holdings shares rebound on being added to FTSE Bursa Malaysia KLCI...
tag stockWPRTS -1.0%, INARI +2.0%,
2:29 PM Asia stocks bounce from one-year low, China gains on monetary easing

SINGAPORE: Asian shares staged a recovery on Tuesday on receding worries about the impact of the Omicron variant while Chinese markets were supported by the central bank easing monetary policy.
2:23 PM Hong Kong fintech WeLab to launch digital bank in Indonesia
2:19 PM MGRC unaware of any reason for sharp fall in share price

KUALA LUMPUR: Malaysian Genomics Resource Centre Bhd (MGRC) is not aware of any corporate development or other reasons for the sharp fall in its share price recently.
tag stockMGRC 0%,
2:14 PM Final decision on 5G wholesale model to be decided by January 2022, says Annuar
2:00 PM Insider Moves: Ancom Bhd, HB Global Ltd, Kobay Technology Bhd, NWP Holdings Bhd...
tag stockANCOM +0.4%, HBGLOB 0%, NWP +12.2%, KOBAY +3.6%, BSLCORP -1.8%, EG +16.7%,
2:00 PM DNeX in discussions with Foxconn, CGP for SilTerra capacity expansion
tag stockDNEX 0%,
1:51 PM Axiata redesignates former Khazanah MD Shahril as its chairman effective Jan 1...
tag stockAXIATA -2.4%,
1:49 PM Daibochi 1Q net profit drops 23% on higher raw material prices, declares 2.5...
tag stockDAIBOCI 0%,
1:42 PM Asia airlines hope Omicron setback will be short-lived
1:38 PM Shahril Ridza to succeed Ghazzali as Axiata chairman, effective Jan 1, 2022

KUALA LUMPUR: Tan Sri Shahril Ridza Ridzuan will succeed Tan Sri Ghazzali Sheikh Abdul Khalid as chairman of Axiata Group Bhd following the latter's planned retirement at the end of the year.
tag stockAXIATA -2.4%,
1:38 PM MGRC says not aware of reason behind UMA as shares hit another limit down
tag stockMGRC 0%,
1:33 PM Ismail Sabri: MSMEs' recovery hinges on adopting innovation, sustainability...
1:21 PM Philippine recovery to gather pace, but virus risks linger -World Bank
1:20 PM Samsung Elec to merge mobile and consumer electronics divisions

SEOUL: Samsung Electronics Co Ltd said on Tuesday it will merge its mobile and consumer electronics divisions and named new co-CEOs in its biggest reshuffle since 2017, to simplify its structure and focus on growing its logic chip business.
1:20 PM Tesla's Musk says Biden's EV bill shouldn't pass
1:14 PM Bursa Malaysia stays higher as investors shrug off Omicron risks
1:10 PM Russia, India eye finalizing S-400 deal as Putin visits Modi — Global Times
1:06 PM Bursa Malaysia stays higher as investors shrug off Omicron risks

KUALA LUMPUR: Window-dressing activities and investors’ risk-on mode continued to drive Bursa Malaysia higher at lunch break Tuesday.
1:03 PM China Evergrande stock firms up as debt restructuring nears

HONG KONG: China Evergrande Group saw its stock claw back as much as 8.3% on Tuesday, after losing 20% a day before, as the property developer moved closer to restructuring a debt pile so big that default could reverberate across borders.
1:00 PM PwC The Building Trust Awards: Championing the trust agenda — how the winners...
1:00 PM PwC The Building Trust Awards: The importance of trust building during times of...
12:59 PM Chinese cities rush to provide trains to China-Laos rail ahead of RCEP, a boon...
12:50 PM Ukraine shows off U.S. military hardware, vows to fight off Russia
12:48 PM Epicor Kinetic to help Allied Hori transform digitally

KUALA LUMPUR: Epicor today announced that Allied Hori Sdn Bhd, a Malaysian electronics manufacturing company with a global footprint across Asia and Europe, has selected Epicor Kinetic as part of its digital transformation strategy. 
12:47 PM Haven currencies pressured by hopes Omicron is mild
12:39 PM Phase 2 of IOI City Mall marks it as biggest retail mall upon completion in 2Q22
12:38 PM Developer China Evergrande's shares firm as restructuring looms
12:28 PM Malaysia's out-of-pocket health spending tripled in 15 years — report
12:27 PM Asia stocks tick up from one-year low, China gains on RRR cut
12:25 PM Lazada's daily doses of offers and rewards leading to 12.12

KUALA LUMPUR: Lazada is celebrating its 10th year anniversary of 12.12 with daily injections of thousands of no-minimum-spend free shipping vouchers and a huge line-up of offers and rewards.
12:24 PM Sapura energy slips to all-time low amid concerns distressed asset sales likely
tag stockSAPNRG +10.0%,
11:57 AM In the metaverse: Digital land dominated NFT sales over past week
11:54 AM Facebook facing mounting legal fights over Myanmar genocide
11:29 AM Complete Logistic Services gets conditional voluntary takeover offer from major...
tag stockCOMPLET +0.4%,
11:28 AM China Nov export growth slows but imports accelerate

BEIJING: China's exports growth lost steam in November, pressured by a strong yuan, weakening demand and higher costs, but import growth accelerated and came in well above expectations, pointing to stronger domestic activity.
11:27 AM Retail Group Malaysia projects 6% growth in Malaysia's 2022 retail sales...
11:08 AM Former Aker manager files application to examine four Petronas officers
10:45 AM Malaysia's economic recovery to pick up speed in 2022, says OCBC

KUALA LUMPUR: There is a good chance of Malaysia's economic recovery picking up speed, from what is likely to be a subpar 3.2 per cent in 2021 to a more encouraging 5.0 per cent in 2022, OCBC Treasury Research said.
10:37 AM RM opens at 4.22 vs USD

KUALA LUMPUR: The ringgit edged up against the US dollar at the opening today due to better demand in the market although the local note continues to trade in cautious mode, a dealer said.
10:33 AM Bursa Malaysia stages recovery amid bargain-hunting, window dressing

KUALA LUMPUR: Bursa Malaysia recovered from yesterday’s losses as investors nibbled on beaten-down heavyweights and repositioned themselves, moving into the year-end window dressing period.
10:28 AM Better understanding of rooftop solar PV can support increased deployment, says...
10:19 AM 75% of B2B sales firms to augment playbooks with AI-guided selling solutions by...
10:18 AM Ringgit edges higher against US$ near 4.24 support

KUALA LUMPUR: While hopeful for a post-pandemic economic recovery, Top Glove Corp Bhd is also confident global glove demand will remain robust and not revert to pre-pandemic levels.
10:07 AM Ringgit strengthens against US dollar at opening
9:56 AM Tesla’s streak of declines reaches four days, longest since July
9:56 AM Bursa stages recovery amid bargain hunting, window dressing
9:52 AM Oil extends gains on easing Omicron fears, Iran delay
9:48 AM Bursa tracks Wall Street higher on Omicron fears wane

KUALA LUMPUR: Bursa Malaysia bounced higher as it was encouraged by the strong rebound on Wall Street overnight as investors shrugged off fears over the Omicron strain of the Covid-19 virus.
9:46 AM Which listed firms have competitive edge in MRT3 project?

KUALA LUMPUR: IJM Corporation Bhd, Sunway Construction Group Bhd (SunCon) and Gamuda Bhd will have competitive advantages in bidding for the Mass Rapid Transit 3 (MRT3) project due to the proposed private funding initiative (PFI) to partially finance the project, Affin Hwang Capital. 
tag stockGAMUDA +3.5%, HSSEB 0%, SUNCON +2.0%, GBGAQRS +2.4%, IJM 0%, MRCB 0%, SUNWAY +1.2%, UOADEV 0%,
9:46 AM Nearly 500 people became billionaires during pandemic year, says Forbes
9:39 AM Bursa set to stay under pressure

KUALA LUMPUR: Malaysia’s stock exchange is expected to be lacklustre till year end as investors assess the potential impact of the Omicron Covid-19 variant, potential earlier end to bond tapering in the US and earnings risks to listed firms, analysts said.
9:34 AM Malaysian banks perform better in Q3: HLIB

KUALA LUMPUR: It has been a better-than-expected reporting season for the banking sector in the third quarter (Q3) of 2021 where four out of eight banks under Hong Leong Investment Bank Bhd (HLIB) beat profit estimates.
tag stockAFFIN +1.8%, ABMB +0.3%, CIMB -0.4%, RHBBANK +0.6%, AMBANK +0.9%, BIMB +1.4%, MAYBANK 0%, PBBANK -0.3%,
9:34 AM Global growth to slow to 4.1% in 2022 and 3.3% in 2023, says Fitch Solutions
9:29 AM Tiong Nam ready to capitalise on demand for warehousing services

KUALA LUMPUR: Tiong Nam Logistics Holdings Bhd could have the jump on an expected increase in demand for warehousing services in 2022 as the construction and planning of the group's new warehouses, especially in Johor, are already underway.
tag stockTNLOGIS +1.3%,
9:21 AM Samsung Elec to merge mobile and consumer electronics divisions
9:18 AM Intel to list shares in self-driving car unit Mobileye - WSJ
8:49 AM Sharon Bowen becomes first Black woman to chair NYSE board

NEW YORK: Sharon Bowen was named Monday as chair of the New York Stock Exchange (NYSE), its parent company announced, becoming the first Black woman to hold the role at the Wall Street fixture.
8:39 AM Near-term market outlook is likely to remain guarded, says Inter-Pacific
8:36 AM Najib just trying to delay Wednesday SRC decision with new evidence bid, prosecution tells court GPI Capital
8:34 AM SJC (9431) – The Last Lost You Will Ever See
tag stockSJC +0.4%,
GPI Capital
8:34 AM Trading ideas: Mah Sing, Yinson, T7 Global, Kelington, Jade Marvel

KUALA LUMPUR: Stocks with recent corporate news flow that could receive investor interest on Tuesday include Mah Sing, Yinson, T7 Global, Kelington, Jade Marvel, Kerjaya Prospek Property, Bintai Kinden and KNM, said JF Apex Research.
tag stockMAHSING -0.7%, YINSON -0.5%, T7GLOBAL -1.4%, KGB +4.4%, JADEM +3.3%,
8:31 AM The ONE Property Stock That Everyone Misses
tag stockOCR 0%,
GPI Capital
8:30 AM SERNKOU (KLSE: 7180) – 即使处于逆境中,但仍表现强韧
tag stockSERNKOU 0%,
GPI Capital
8:28 AM Had the panic selling over for AGES (KLSE: 7145) ?
tag stockAGES 0%,
GPI Capital
7:55 AM Statement by Tony Pua on Tun Mahathir's upcoming book
7:41 AM Caely set to climb towards 52-week high, says RHB Retail Research
tag stockCAELY -4.3%,
7:40 AM PMB Technology poised for a rebound, says RHB Retail Research
tag stockPMBTECH +0.8%,
7:33 AM Mixing Pfizer, AstraZ COVID-19 shots with Moderna gives better immune response...
7:26 AM Shafee's son down with Covid, firm seeks adjournment today and tomorrow's...
7:16 AM Parkson’s HK unit takes on RM1.46bil debt

PETALING JAYA: Parkson Holdings Bhd’s Hong Kong-listed subsidiary has secured a syndicated loan of HK$2.7bil (RM1.46bil) to refinance existing loans and to meet general corporate and working capital needs.
tag stockPARKSON +2.6%,
7:16 AM Kerjaya Prospek buys Penang land

KUALA LUMPUR: Kerjaya Prospek Property Bhd’s unit Pixel Valley Sdn Bhd has entered into a purchase and development agreement with Aspen Vision City Sdn Bhd to acquire a tract of freehold land measuring about 1.97ha in Seberang Perai Selatan, Pulau Pinang, for RM27.57mil.
tag stockKPPROP +0.8%,
7:16 AM Kelington secures RM85mil job

KUALA LUMPUR: Kelington Bhd subsidiary, Kelington Engineering (S) Pte Ltd, has received a RM85mil contract to undertake speciality gas system distribution works for a world leader in innovative memory solutions’ fabrication facilities in Singapore.
tag stockKGB +4.4%,
7:16 AM Jade Marvel teams up with YHL Foods

KUALA LUMPUR: Jade Marvel Group Bhd has entered into a partnership with YHL Foods Sdn Bhd (YHLF) to provide services in the processing and sale of frozen seafood and cold storage facilities.
tag stockJADEM +3.3%,
7:16 AM Insight - More prosperous with prosperity tax?

IT has been over a month since Budget 2022 was announced. It was also passed at the policy stage in the Parliament on Nov 18 – which means the various measures announced in the 2022 fiscal plan will be implemented one by one, and one of them would be the controversial “prosperity tax”.
7:16 AM Insight - What Opec+ does with output matters more than what it says

A factor in crude oil markets that probably doesn’t receive the attention it deserves is the difference between what various players say they will do, and what they actually do.
7:16 AM Telco earnings on uptrend

Demand likely to cause intensified competition
tag stockAXIATA -2.4%, DIGI +0.5%, MAXIS +0.2%, OCR 0%, TM -0.4%, TIMECOM +0.9%,
7:16 AM Alliance Bank to thrive in SME loan space

Lender accelerating its growth strategies
tag stockABMB +0.3%,
7:16 AM DNB offers MNOs trial wholesale 5G services

PUTRAJAYA: Digital Nasional Bhd (DNB) is offering wholesale 5G services to all mobile network operators (MNOs) in the country for a commercial trial from Dec 15 to March 31 next year at no cost, according its chief commercial officer Ahmad Taufek Omar.(pic)
7:16 AM Value of EM mobile money transactions to grow 60%

KUALA LUMPUR: A new study from Juniper Research has found that the total value of mobile money transactions in emerging markets (EMs) will exceed US$870bil (RM3.7 trillion) in 2026, up from US$555bil (RM2.3 trillion) in 2021 – representing growth of almost 60%. Mobile money in EMs includes microinsurance, microloans, microsavings and mobile money transfer.
7:16 AM Australia job ads surge 7.4%, auguring labour market recovery

SYDNEY: A closely-watched gauge of Australian job vacancies jumped in response to an easing of coronavirus restrictions across the nation’s east coast, signalling a strong rebound in the labour market is in the offing.
7:16 AM Alibaba overhauls e-commerce businesses

SHANGHAI: Alibaba Group Holding Ltd said it will reorganise its international and domestic e-commerce businesses and replace its chief financial officer – changes that come as the tech giant grapples with an onslaught of competition, a slowing economy and a regulatory crackdown.
7:16 AM Malaysia on track for 3%-4% growth despite Omicron

KUALA LUMPUR: Malaysia is on track to achieve the targeted gross domestic product (GDP) growth of 3% to 4% this year despite the emergence of the Omicron variant, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz
7:16 AM Chip sector on steady growth path

Outsourced assembly and test providers are in favour
tag stockINARI +2.0%, UNISEM +0.2%, MPI -0.6%, ELSOFT +3.5%, GTRONIC +0.6%,
7:16 AM Selling spree weighs on Bursa

Exit of foreign investors and Omicron variant affect Bursa
7:16 AM Call for due diligence on migrant worker issues

KUALA LUMPUR: Migrant worker rights specialist Andy Hall has urged suppliers of multinational corporation (MNC) brands in Malaysia to conduct due diligence on migrant workers and remediate social non-compliance issues.
7:16 AM Trust firms at risk brace for Evergrande defaults

BEIJING: Trust firms that have issued at least US$5bil (RM21bil) in high-yield products linked to China Evergrande Group are bracing for a cascade of losses after the cash-strapped developer said it may no longer be able to meet its financial obligations.
7:16 AM Building on the positive momentum

Companies expected to register better earnings
7:16 AM Mah Sing Healthcare gets nod to market gloves in US

PETALING JAYA: Mah Sing Group Bhd’s unit has received the green light by the United States Food and Drug Administration (FDA) to market nitrile examination gloves in the US market.
tag stockMAHSING -0.7%,
7:08 AM Halliburton says the world is entering a period of oil scarcity
7:07 AM U.S. says Nvidia-Arm deal harms market for networking, self-driving car chips
7:05 AM WHO advises against blood plasma treatment for COVID-19 patients
7:02 AM Norway's Aker Solutions says Malaysia manager cleared of charges

OSLO: The head of the Malaysian unit of Norway's Aker Solutions has been cleared by a court of accusations that he submitted false documents in dealings with state-owned energy company Petronas, the Norwegian company said on Monday.
6:59 AM Stocks rally, dollar gains as Omicron fears ease
6:58 AM Wall Street regains some ground with help from easing virus fears
6:52 AM Iraqi oil minister expects oil to reach over US$75

Iraq's oil minister said on Monday that he expects oil prices to reach over US$75 a barrel.
6:44 AM Global oil CEOs stress need for fossil fuels despite push for cleaner energy

HOUSTON: A global energy conference devoted to future technologies and low-carbon strategies kicked off in Houston on Monday with top executives from energy companies affirming the need for more oil for decades to come.
6:39 AM Oil rebounds by almost 5% on Omicron hopes, Iran talks

NEW YORK: Oil prices climbed by nearly 5% on Monday on hopes the Omicron coronavirus variant would have a less damaging economic impact if its symptoms proved mostly mild and as some OPEC member countries signaled confidence in the market.
6:34 AM GLOBAL MARKETS-Stocks rally, dollar gains as Omicron fears ease

NEW YORK: The dollar edged higher while U.S. and European shares rallied on Monday after easing concerns about the Omicron coronavirus variant led investors to buy stocks that will likely perform well in a rising interest rate environment.
3:45 AM Tracking the offers from Keppel Corp and Cuscaden Peak for SPH
3:32 AM Omicron’s rapid spread shreds budding recovery in air travel
3:08 AM Canada's ambassador to China to leave post after helping free detainees
2:35 AM Rally in Trump-linked stocks fades after social media venture reveals...
2:20 AM Dow climbs over 1% on cyclical boost; Nvidia weighs on Nasdaq
2:13 AM Norway's Aker Solutions says Malaysia manager cleared of charges
1:19 AM Abdul Rahman Ahmad's contract as Bernama editor-in-chief ends Dec 6, 2021
1:07 AM Lembaga Tabung Haji to develop Haj e-learning system
Mon, 06 Dec 2021
11:46 PM Maybank & MASIS launch S$40,000 land VTL Support Fund for Malaysian workers...
tag stockMAYBANK 0%,
10:58 PM KKMM to expedite implementation of 5G network, says Zahidi
10:58 PM Vsolar now the largest shareholder of Permaju with 16.7% stake
tag stockVSOLAR 0%, PERMAJU -8.3%,
10:41 PM Mah Sing, Yinson, Jade Marvel, DNeX, Ireka, Bintai Kinden, KNM, T7 Global,...
tag stockMAHSING -0.7%, YINSON -0.5%, JADEM +3.3%, DNEX 0%, IREKA +0.7%, BINTAI -4.6%, KNM 0%, T7GLOBAL -1.4%, KGB +4.4%, KPPROP +0.8%,
10:10 PM SMIDEX 2021 held online for the first time
10:07 PM SEC probes Tesla over whistle-blower claims on solar panel defects
9:54 PM EVENING 5: Five things you need to know today
9:33 PM Uber in talks with Middle East unit over outside investment — sources
9:04 PM Serba Dinamik looks set to remain suspended after failing to meet annual report...
tag stockSERBADK 0%,
8:52 PM DNeX appoints two new board members
tag stockDNEX 0%,
8:34 PM China to establish new rare-earth mammoth through merger - Global Times
8:24 PM China bond rally may stall after PBOC signals limits to easing
8:16 PM Google, Meta dominate as digital propels global advertising growth - forecasts
8:06 PM EV maker Lucid receives subpoena from SEC
8:05 PM Ireka disposes of balance stake in Mobilus to JV partner
tag stockIREKA +0.7%,
8:03 PM Govt accepts and agrees with 12MP goveranance monitoring framework, says PM
7:48 PM Digital Nasional ramping up to bring 5G online by December 15

KUALA LUMPUR: Digital Nasional Bhd (DNB) is ramping up to bring Malaysia’s 5G network online on December 15, 2021, and commencing the commercial availability of 5G in the country.
7:25 PM EU regulators pause investigation into Nvidia, ARM deal
7:20 PM RAM reaffirms AAA(s) ratings of Khazanah's sukuk
7:16 PM Prosecution: Tarek Obaid alone caused US$120m to be transferred from 1MDB into...
7:01 PM PNB Merdeka names six projects for Merdeka 118 community grants programme

KUALA LUMPUR: Permodalan Nasional Bhd's (PNB) subsidiary, PNB Merdeka Ventures Sdn Bha (PMVSB), has successfully selected six projects for the Merdeka 118 Community Grants Programme.
7:00 PM MGRC gets UMA query as share price hits limit down
tag stockMGRC 0%,
6:59 PM Andy Hall says no further campaign against firms that are open to dialogues on...
tag stockVS -1.6%,
6:58 PM Bintai Kinden to raise RM35m via private placement to repay borrowings
tag stockBINTAI -4.6%,
6:47 PM Current Market Outlook — Detailed Price Volume Analysis in S&P 500, Nasdaq, Dow Jones, Russell 2000
tag stockSP500-HZ -11.4%, SP500-CZ 0%,
6:41 PM Petronas JV halts drilling at Bambo-1 off Gambia amid significant drilling...
6:33 PM Malaysia on track for 3-4% GDP growth this year despite Omicron

KUALA LUMPUR: Malaysia is on track to achieve the targeted gross domestic product (GDP) growth of three to four per cent this year despite the emergence of the Omicron variant, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
6:29 PM Telecom Italia shares fall on rising uncertainty over KKR's offer
6:16 PM Blue Monday? Bitcoin tumbles 5% after weekend battering

HONG KONG: Bitcoin tumbled almost 5% on Monday as the start of the week offered little respite to the world's largest cryptocurrency after a bruising weekend where at one point it lost over a fifth of its value.
6:13 PM V.S Industry in proactive discussion with specialist on migrant worker issues

KUALA LUMPUR: V.S. Industry Bhd (VSI) has proactively discussed with migrant worker rights specialist Andy Hall on migrant workers' welfare in Malaysia.
tag stockVS -1.6%,
6:12 PM Kerjaya Prospek Property buys land in Penang for RM28m
tag stockKPPROP +0.8%,
6:06 PM China central bank to cut reserve requirement ratio for second time this year

BEIJING: China's central bank said on Monday it would cut the amount of cash that banks must hold as reserves, its second such move this year, releasing 1.2 trillion yuan in long-term liquidity to bolster slowing economic growth amid persistent COVID-19 cases.
6:00 PM Najib's SRC Trial: Najib’s appeal decision in SRC case to be known on Dec 8
5:57 PM Bursa Malaysia hits 13-month low amid fears of Omicron threat

KUALA LUMPUR: Fears over Omicron’s possible impact on global economic recovery dragged Bursa Malaysia’s key market barometer to its lowest in 13 months on Monday.
5:53 PM Bursa Malaysia hits 13-month low amid fears of Omicron threat
5:52 PM Kerjaya Prospek Property to purchase land in Seberang Perai for RM27.57mil

KUALA LUMPUR: Kerjaya Prospek Property Bhd's unit Pixel Valley Sdn Bhd has entered into a purchase and development agreement with Aspen Vision City Sdn Bhd to acquire a tract of freehold land measuring about 1.97ha in Seberang Perai Selatan in Pulau Pinang for RM27.57mil.
tag stockKPPROP +0.8%,
5:37 PM China central bank to cut reserve requirement ratio for second time this year
5:32 PM PNB’s subsidiary selects six projects for Merdeka 118 community grants programme

KUALA LUMPUR: PNB Merdeka Ventures Sdn Bha (PMVSB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has successfully selected six projects for the Merdeka 118 Community Grants Programme.
5:29 PM VSTECS to distribute Puppet's IT automation solutions in Malaysia

KUALA LUMPIR: VSTECS Bhd's unit has been appointed the official distributor of automation vendor Puppet Inc as it aims to capitalise on the growing need for compliance across all sectors.
tag stockVSTECS 0%,
5:25 PM Nestle targets to plant 1.3 million trees in 2022 under Project RELeaf

KUALA LUMPUR: Nestle (Malaysia) Bhd's launched Project RELeaf in September 2020 to plant three million trees across Malaysia by 2023.
5:24 PM Exit from stockbroking business will not dent Alliance Bank's prospects —...
tag stockABMB +0.3%,
5:22 PM China tech index tumbles to lowest since launch as rout deepens
5:13 PM Smart Highway Sandbox a medium to integrate technology and highway network,...
5:03 PM Malaysia exports RM52.3 billion of palm oil in 2020, or 73pct of agriculture exports

KUALA LUMPUR: Malaysia’s exports of palm oil stood at RM52.3 billion in 2020, contributing 73.0 per cent of the country’s agriculture exports, according to the Department of Statistics Malaysia (DOSM).
5:00 PM Sirim to develop Malaysia Railways Industrial Standard by May 2022

KUALA LUMPUR: SIRIM Bhd’s wholly-owned subsidiary, SIRIM STS Sdn Bhd (SIRIM STS), has been appointed as coordinator for the development of Malaysia Railways Industrial Standard (MRIS) to advance and promote the competitiveness of the country's rail industry. 
5:00 PM Bursa’s suit sheds more light on Serba Dinamik’s financials
tag stockSERBADK 0%,
4:52 PM Average cost of organising Khazanah Megatrends Forum at RM3.18m annually, Dewan...
4:43 PM Oil rebounds by more than US$1 after Saudi price hike

SINGAPORE: Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States, and as indirect U.S.-Iran talks on reviving a nuclear deal appeared to hit an impasse.
4:41 PM The Ascott bags contract to manage Citadines Astrum Ampang Kuala Lumpur
4:40 PM Intertrust agrees to US$2 billion takeover bid from CSC
4:30 PM Mah Sing obtains FDA nod for glove sales in US

KUALA LUMPUR: Mah Sing Group Bhd's healthcare business unit Mah Sing Healthcare Sdn Bhd has received the US Food and Drug Administration (FDA)  approval to market nitrile examination gloves in the United States.  
tag stockMAHSING -0.7%,
4:24 PM China's economy expected to grow 5.3% in 2022 — govt think tank
4:18 PM Bursa Malaysia losses intensify in mid-afternoon
4:05 PM Mah Sing gets clearances to market medical gloves in US market

KUALA LUMPUR: Mah Sing Group Bhd's healthcare business unit, Mah Sing Healthcare Sdn Bhd, is poised to market medical-grade examination gloves in the United States after obtaining premarket notification clearances from the United States (US) Food and Drug Administration (FDA).
tag stockMAHSING -0.7%,
4:03 PM G3 to continue pursuing AI park venture

KUALA LUMPUR: G3 Global Bhd (GGB) remains committed to the development of the 315-acre artificial intelligence(AI)-powered park near Kuala Lumpur with SenseTime Group Ltd (STGL) and China Harbour Engineering Company Ltd (CHEC).
tag stockG3 +11.1%,
4:00 PM The State of the Nation: How Malaysia can afford a universal basic pension
3:59 PM Malaysia's QNET bags seven awards in last two months

KUALA LUMPUR: Malaysian e-commerce direct selling company QNET has bagged seven new awards in the last two months at the 2021 Globee Awards, VEGA Digital Awards and MarCom Awards.
3:56 PM Fairview International School bullish about future despite stormy Covid-19

KUALA LUMPUR: Fairview International School, which is part of Fairview Education Group, is optimistic of the future, despite the stormy Covid-19 scrooge clouding the near-term outlook.
3:56 PM UK new car sales edged up in November — preliminary data
3:43 PM Bitcoin below US$50,000, at early October levels, after weekend's battering
3:30 PM DNB to offer 5G services to telcos for free during initial roll-out
3:28 PM Renault plans fewer job cuts in France than initially planned - media
3:27 PM Islamic finance must look into sustainability, technology and innovation - Bank Negara

KUALA LUMPUR: The Islamic finance sector must look into supporting climate change actions and the sustainability agenda, facilitating trade and investment and responding to Asia’s evolving consumer landscape going forward as these offer enormous value creation prospects for the sector, according to Bank Negara Malaysia.
3:23 PM DNB to offer 5G services to telcos for free during initial rollout

KUALA LUMPUR: Malaysian state agency Digital Nasional Berhad (DNB) on Monday said it will offer wholesale 5G services to mobile carriers at no cost during an initial rollout set to begin next week, amid concerns from operators over its pricing plans.
3:23 PM Italy's Enel enters Australia's crowded retail power market
3:13 PM Hong Kong developer to offer 300 homes at 50% discount to market price
3:07 PM Singapore central bank urges prudence in bank finances amid pandemic recovery

SINGAPORE: Singapore's central bank urged banks on Monday to keep their finances strong and resilient to "shocks", in case of an abrupt rise in unemployment and business insolvencies due to the COVID-19 pandemic.
3:06 PM Bursa Malaysia Derivatives to begin night trading on Dec 6, aims to strengthen...
3:00 PM The State of the Nation: Putting old-age security within reach of Malaysians...
2:58 PM Mah Sing Healthcare gets green light to market nitrile gloves in US
tag stockMAHSING -0.7%,
2:55 PM China Evergrande braces for debt deadline after doubting ability to pay

HONG KONG: After lurching from deadline to deadline, China Evergrande Group is again on the brink of default, with pessimistic comments from the property developer raising expectations of direct state involvement and a managed debt restructuring.
2:46 PM China Ouhua Winery, Complete Logistics and Sern Kou
tag stockCNOUHUA -7.7%, COMPLET +0.4%, SERNKOU 0%,
2:42 PM SoftBank drags Japan's Nikkei lower; hopes of milder Omicron impact cap losses
2:37 PM T7 Global energy segment secures RM300m long-term contracts
tag stockT7GLOBAL -1.4%,
2:36 PM Didi sends warning to China investors who bet worst was over
2:30 PM Brokers Digest: Local Equities - Syarikat Takaful Malaysia Keluarga Bhd, Kuala...
tag stockTAKAFUL -0.6%, KLK +0.4%, KAWAN +0.6%, LBS -1.0%,
2:28 PM Bursa Derivatives commences night trading on Dec 6

KUALA LULMPUR: Bursa Malaysia Derivatives Bhd's After-Hours (T+1) Night Trading Session, which goes live on Dec 6, is expected to bode well for the country's derivatives market, says Bursa Malaysia Derivatives CEO Samuel Ho.
2:24 PM Foreign investors remained net sellers with weekly net outflow of RM550.9m last...
2:22 PM Antipodeans find footing after Omicron slide, cryptos lick wounds
2:12 PM Myanmar's ousted leader Suu Kyi gets four-year jail term in trial -source
2:01 PM Malaysia end-Nov palm oil stocks seen hitting four-month low as exports jump
2:00 PM FRANK by OCBC goes fully digital with e-KYC platform

KUALA LUMPUR: Customers of OCBC Bank (Malaysia) Bhd are now able to sign up for digital banking service FRANK by OCBC without physically stepping into a bank branch.
2:00 PM Rate hikes in developed markets and strong US dollar may prompt fund outflow
1:45 PM Elanco reaps the benefits of Greater KL’s conducive business ecosystem
1:40 PM T7 Global secures contracts valued at about RM300mil

KUALA LUMPUR: T7 Global Bhd has secured three contracts with a combined value of about RM300mil under its energy division for operations and maintenance, and specialist products segments.
tag stockT7GLOBAL -1.4%,
1:40 PM New Sports Direct superstore opens at Tropicana Gardens Mall
1:25 PM Kelington receives RM85mil job for of gas system distribution project

KUALA LUMPUR: Kelington Bhd's subsidiary Kelington Engineering (S) Pte Ltd has received a RM85mil contract to undertake speciality gas system distribution works for a world leader in innovative memory solutions’ fabrication facilities in Singapore.
tag stockKGB +4.4%,
1:23 PM Top Glove tumbles 7.8% ahead of 1QFY22 results on Friday
tag stockTOPGLOV -2.4%,
1:22 PM Kelington subsidiary secures RM85m gas distribution contract
tag stockKGB +4.4%,
1:17 PM Healthcare, technology stocks drag Bursa lower at midday
1:12 PM 06122021  今早手套股大跌,聊聊我的看法和大跌原因!
tag stockTOPGLOV -2.4%, HARTA -2.6%, KOSSAN 0%, SUPERMX -3.8%, HLT -6.6%, CAREPLS -2.9%, COMFORT -2.8%, RUBEREX -2.8%,
1:11 PM Tropicana Gardens, home to latest Sports Direct superstore

KUALA LUMPUR: Tropicana Gardens Mall, which is owned by Tropicana Corp Bhd, has been buzzing with a host of exciting activities.
1:08 PM HSBC Malaysia names Kamaruddin Taib as new chairman

KUALA LUMPUR: HSBC Bank Malaysia Bhd has announced the appointment of Datuk Kamaruddin Taib as chairperson of its board of directors effective from 1 April 2022.
1:06 PM China says market views of monetary policy moves too 'simplistic'
12:58 PM China Evergrande braces for payment deadline after doubting availability of...
12:57 PM CGS-CIMB Research foresees potential loan growth for banks in 2022
tag stockHLBANK +0.1%, PBBANK -0.3%, RHBBANK +0.6%,
12:52 PM Sri Ram to continue leading prosecution in Rosmah’s solar hybrid project...
12:42 PM Ringgit to remain weaker through 2022 — Fitch Solutions
12:40 PM Jan 24 for decision on whether court to call for defence or acquit Zahid
12:31 PM Indian shares slip on Omicron variant worries
11:54 AM Jade Marvel inks JV to venture into frozen seafood processing and sales
tag stockJADEM +3.3%,
11:42 AM Govt committed to increasing involvement of bumiputera in large-scale projects...
11:33 AM Raising ESG ambitions for a sustainable future
11:31 AM Lower prices, softer demand in coming months to affect Top Glove, says HLIB

KUALA LUMPUR: The expected lower adjustment in average selling prices (ASP) of gloves and softer demand could persist in the coming months, which may affect Top Glove Corp Bhd in the short term.
tag stockTOPGLOV -2.4%,
11:29 AM Poor weather hampers search and rescue efforts at Indonesia volcano
11:27 AM Global semiconductor sales to exceed US$600b in 2022, says SIA
11:14 AM OCBC Bank ramps up ESG retail offerings

KUALA LUMPUR: The ringgit weakened against the US dollar at the opening today as investors’ expectations on the Federal Reserve rate hike remained intact and lent some support for the dollar, said an analyst.
11:04 AM Japanese shares fall on Omicron worries; SoftBank drags
11:03 AM Chinese developer Sunshine 100 defaults on US$170 million bond
11:00 AM Becoming an ASEAN sustainability leader by 2024
10:50 AM DHause e-commerce platform helps local businesses thrive

KUCHING: Founded in 2019, Creamy Cream is a small bakery business which sells a variety of baked goods.
10:50 AM Alliance Bank's brokerage disposal could support dividend payout

KUALA LUMPUR: Alliance Bank Malaysia Bhd's disposal of its stockbroking business in Alliance Investment Bank to Phillip Futures could support dividend payout and allow the bank to redeploy capital, said RHB Research.
tag stockABMB +0.3%,
10:45 AM Asia lags as U.S., Euro stock futures rally
10:30 AM Listing-bound Swift Haulage's fair value is RM1.16, says PublicInvest

KUALA LUMPUR: Soon-to-be listed integrated logistics services provider Swift Haulage Bhd is valued at RM1.16 by Public Investment Bank Bhd (PublicInvest),
10:29 AM Omicron could cost oil demand almost three million bpd in early 2022, says...
10:19 AM First net outflow by Bursa's foreign investors after seven weeks

KUALA LUMPUR: Foreign investors turned net sellers of the local stocks on Bursa Malaysia for week ended on Dec 3 this year, with a net outflow of RM550.9 million in a short trading week following the holiday on Friday due to KL City historic win in the Malaysia Cup.
10:19 AM Second net outflow by Bursa's foreign investors after seven weeks

KUALA LUMPUR: Foreign investors turned net sellers of the local stocks on Bursa Malaysia for the week ended on Dec 3 this year, with a net outflow of RM550.9 million in a short trading week following the holiday on Friday due to KL City’s historic win in the Malaysia Cup.
10:19 AM Ringgit opens lower against US dollar at opening
10:17 AM SCIB eyes affordable housing jobs

KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) is actively bidding on construction contracts totalling RM3 billion and aims to secure between 17 and 24 per cent from the bidding tender after considering the post-pandemic regulations and restrictions into the equation.
tag stockSCIB 0%,
10:13 AM Lazada eyes more sellers through new service

KUALA LUMPUR: Lazada Malaysia aims to encourage more local businesses to choose Lazada as their preferred e-commerce platform, using its logistical solutions, network, and infrastructure to future-proof and expand their brand online.
10:11 AM BitMart hacked for US$200m
10:03 AM China Evergrande shares hit 11-year low after firm says no guarantee it can...
10:00 AM Jade Marvel teams up wtih YHL Foods in frozen seafood venture

KUALA LUMPUR: Jade Marvel Group Bhd has entered into a partnership with YHL Foods Sdn Bhd to provide services in the processing and sale of frozen seafood and cold storage facilities.
tag stockJADEM +3.3%,
10:00 AM Covid-19 Cases + Vaccination Tracker
10:00 AM Bursa lower in early trade
9:58 AM Aeon Big to open first 1,000sq m shop by March 2022

KUALA LUMPUR: Aeon Big (M) Sdn Bhd is planning to open up its first 1,000 sq m Aeon Big shop by the first quarter (Q1) of next year, head Sheikh Farouk Sheikh Mohamed said.
9:58 AM Alibaba overhauls e-commerce businesses, appoints new CFO
9:54 AM SoftBank shares slide 9% as portfolio upside evaporates
9:48 AM Malaysian listed firms' earnings softer QoQ, stronger YoY in Q3 2021

KUALA LUMPUR: Malaysian listed firms’ earnings are softer quarter-on-quarter (QoQ) in the latest period ended September 30 2021, as the impact of the Movement Control Order kicks in, analysts said.
tag stockCIMB -0.4%, RHBBANK +0.6%,
9:44 AM PublicInvest values Swift Haulage at RM1.16
9:40 AM Foreign outflow accelerates to RM550.9mil on Bursa amid Covid, Fed policy fears

KUALA LUMPUR: The foreign outflow on Bursa Malaysia accelerated to RM550.9mil from RM38.9mill in the previous week despite the Friday public holiday, according to MIDF Research data.
9:35 AM Putting people and the planet first
9:30 AM Climate tech and the way forward
9:30 AM Market to be lacklustre till year end as investors assess Omicron impact, says...
9:22 AM Downtrend continues on Bursa Malaysia

KUALA LUMPUR: Coming out of a three-day weekend, Bursa Malaysia saw continued selling pressure start as investors searched for positive leads amid the heightened uncertainty and volatility.
9:00 AM Accelerating sustainability in building a low-carbon future
9:00 AM Sime Darby Property Determined to be a Force for Good
tag stockSIMEPROP -1.6%,
8:30 AM Asia in cautious mood as Omicron spreads, U.S. CPI looms
8:28 AM Trading ideas: Alliance Bank Malaysia, UWC, Taliworks Group, Southern Steel, Jayacorp

KUALA LUMPUR: Stocks to watch for on Monday include Alliance Bank Malaysia, UWC, Taliworks Group, Southern Steel and Jayacorp, said JF Apex Research in a report.
tag stockABMB +0.3%, UWC +1.4%, TALIWRK -1.2%, SSTEEL -2.6%, JAYCORP -1.8%,
8:26 AM Smuggling of liquor, cigarettes among focus of Dewan Rakyat today
8:22 AM SenseTime launches Hong Kong IPO to raise up to $767 mln -term sheet
8:13 AM Australia shares flat as treasurer comments offset Omicron worries
8:07 AM Beijing biotech firm banks on GM corn in race to be China's Monsanto
8:02 AM Nomination today for 2021 Sarawak Election
8:00 AM How businesses can drive a sustainable future
8:00 AM Matrix Concepts incorporates DNA into its CSR efforts
tag stockMATRIX -1.4%,
8:00 AM A continuous prioritisation on ESG through actions
tag stockMAHSING -0.7%,
8:00 AM A better tomorrow for BAT Malaysia
tag stockBAT +0.6%,
7:55 AM Japan govt considering lifting FY2022 economic growth forecast -NHK
7:16 AM Johor to develop digital wholesale market next year

JOHOR BAHRU: The Johor government, through investment arm Johor Corp (JCorp), plans to develop a digital wholesale market next year to bring all local businesses’ agrofood products together to be marketed online.
7:16 AM Modern slavery can be costly like global climate

IN today’s increasing modernised world of digitalisation and globalisation, it is only appropriate for everyone to believe that every single individual living on this planet must have the right to a life free from slavery. Is this really happening?
7:16 AM Insight- Banks see gradual earnings recovery

BARRING the emergence of new virus variants which can affect the economy, banks expect to see a gradual improvement in earnings recovery.
tag stockHLBANK +0.1%,
7:16 AM KKB Engineering to embark on expansion

KUCHING: KKB Engineering Bhd will embark on a production capacity expansion of its steel pipe manufacturing in anticipation of increasing demand for its products under the billion-ringgit Sarawak State Water Grid programme.
tag stockKKB +2.7%,
7:16 AM US-China rhetoric versus reality

COMING back from a trip to Europe suggested to me that the United States-China rivalry was not headline news within Europe.
7:16 AM Living trust in estate planning

Assets are quickly distributed upon death as opposed to a will
7:16 AM Building energy market expected to grow

PETALING JAYA: As governments worldwide step up efforts to combat climate change, the building energy efficiency market in Malaysia is gaining momentum
7:16 AM Mental health, well-being top of agency’s agenda

Mediabrands Malaysia embarks on strategy to address issue
7:16 AM 4G Internet coverage to hit 92% by 2022

KUCHING: Sarawak’s 4G Internet coverage will reach 92% by 2022 after the completion of the first phase of the National Digital Network (Jendela) initiative, said Communications and Multimedia Minister Tan Sri Annuar Musa.
7:16 AM Swiss watchdog seeks more tools to go after errant bankers

ZURICH: The chairperson of Switzerland’s financial watchdog has called for more power to punish wayward bankers after a string of scandals tarnished the sector’s international reputation.
7:16 AM Pecca banking on electric vehicle segment

Pecca banking on electric vehicle segment
tag stockPECCA +0.9%,
7:16 AM The Week Ahead - IPI, China data, RBA RBI,

THIS week will see the release of Malaysia’s industrial production index (IPI), retail sales and unemployment rate for October 2021.
tag stockTOPGLOV -2.4%,
7:16 AM AME Elite expanding its land bank in other states

Company aims to set up more industrial parks as FDI picks up
tag stockAME 0%,
7:16 AM Elsoft Research to ship out test equipment

GEORGE TOWN: Elsoft Research Bhd will ship out semiconductor test equipment worth over RM20mil over the next six to nine months.
tag stockELSOFT +3.5%,
7:10 AM Future-proofing Axiata through its ESG focus
tag stockAXIATA -2.4%,
7:10 AM Evergreen Fibreboard poised to move past consolidation phase, says RHB Retail...
tag stockEVERGRN -1.1%,
7:09 AM Chin Hin is starting to rebound upwards, says RHB Retail Research
tag stockCHINHIN +5.9%,
7:05 AM Sailing towards a net-zero future
7:03 AM 1MDB prison threat hangs over Najib’s resurgence in Malaysia
7:01 AM High demand seen for bonds

Attractive yield spread to maintain investor interest
7:00 AM Astro — Championing ESG, making lives better
tag stockASTRO 0%,
7:00 AM AmBank Group strengthens its commitment to ESG practices
tag stockAMBANK +0.9%,
7:00 AM A holistic sustainability journey
6:52 AM U.S. Democrat Omar: Pelosi to act against Republican for anti-Muslim comments
6:49 AM China regulator says govt policies not necessarily linked to overseas IPOs

BEIJING: China's securities regulator said on Sunday that Beijing's recent policy moves were not aimed at specific industries or private firms, and were not necessarily linked to companies seeking to list in overseas markets.
6:47 AM Omicron variant found in nearly one-third of U.S. states
6:43 AM New variant fears disrupt start of top U.S. energy conference
6:36 AM New variant fears disrupt start of top US energy conference

HOUSTON: The World Petroleum Congress kicks off this week with a sharply trimmed roster of energy executives and government ministers to grapple with the oil market's future as the spread of the Omicron COVID-19 variant disrupted travel.
6:29 AM Australia's Boral exits U.S. with US$755mil fly ash business sale

SYDNEY: Australia's top construction materials maker Boral Ltd said on Monday it will sell its North American fly ash business for $755 million, marking its exit from the market as it looks to focus on its domestic business.