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Blog Headlines


Mon, 23 May 2022
12:00 AM The Serenade at The Glades enchants homeowners
12:00 AM Promoting financial inclusivity through cashless payments
Sun, 22 May 2022
11:25 PM Aspen (Group)'s glove subsidiary receives claim for RM29.35 mil
10:09 PM Prasarana establishes committee to identify cause of LRT train brake issue
6:58 PM 5G network to draw vast benefits, create new jobs
3:26 PM Russia's invasion of Ukraine enters fourth month
3:19 PM Biden says 'hello' to N.Korea's Kim amid tensions over weapons tests
3:16 PM Biden says 'hello' to N.Korea's Kim amid tensions over weapons tests
2:35 PM Biden says US prepared for possible North Korea nuclear test
2:32 PM Shanghai district to require all shops to shut, residents to stay home
10:33 AM A US$5 trillion ‘wealth shock’ is cracking Americans’ nest eggs
10:29 AM ManagePay Systems gets BNM's nod to start cross-border remittance business
tag stockMPAY +3.6%,
10:00 AM Building desirable homes
9:30 AM Purpose in a cup
6:58 AM More horrors await after US$550 billion retail earnings meltdown
Sat, 21 May 2022
7:22 PM MoF: 1Q22 GDP growth, economic indicators indicate economic recovery has begun
5:32 PM Tesla is building a hardcore litigation department, says Elon Musk
1:07 PM Lagarde says crypto is ‘worth nothing’ and should be regulated
12:22 PM Azmin: Malaysia attracts new investments worth RM16.52b from the US
11:46 AM Majority of Europe’s behemoth 2021 IPOs now trading far below offer prices —...
11:25 AM Singapore still rules China futures market as Hong Kong edges in
11:17 AM Ringgit seen trading range-bound at RM4.38-RM4.40 against US dollar next week

KUALA LUMPUR: The ringgit is expected to move range-bound between RM4.38 and RM4.40 against the US dollar next week as investors mull cutting their long US dollar exposure in G10 currencies due to rising worries over a possible global recession, said an analyst.
11:15 AM Bursa expected to see cautious trading next week
10:44 AM Head of Ho Chi Minh City Exchange fired for work violations
10:29 AM J. M. Smucker recalls some Jif peanut butter products
10:28 AM CPO futures on cautious tone next week

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be on cautious trading next week as Indonesia plans to lift its export ban on palm oil from May 23, said a dealer.
10:21 AM Ringgit seen trading range-bound at RM4.38 to RM4.40 against US dollar next week
10:12 AM Rakuten Trade names two new members to executive management team
9:55 AM DOC2US seeks to raise US$8 million to US$10 million for expansion
9:23 AM A dollar that's too strong for the world
7:17 AM Glopec inks deals to promote Sabah products in Europe

PETALING JAYA: In the quest to spur new export opportunities for Sabah small and medium enterprise (SME) products in the international market, Global Entrepreneur One Stop Centre (Glopec) recently signed memorandums of understanding (MoUs) to form collaborations with several strategic partners for the United Kingdom and other European markets.
7:17 AM Industrial segment in bright spot

Growth in volume and value likely to sustain on rise in eCommerce
7:17 AM Office space demand

It is a matter of time before landlords of prime office space across the Asia-Pacific region raise their rents as demand returns with the increased economic activity.
7:17 AM Global trade outlook still faces headwinds

THE year 2021 was an exceptional year for the global trade market after overcoming the Covid-19 pandemic.
7:17 AM Should GLICs relook foreign investments amid market selldown?

IN recent years, Malaysia’s government-linked investment companies (GLICs) have been actively looking to acquire more foreign assets, especially equities.
7:17 AM The allure of foreign stocks

Seasoned investors say the biggest risk of buying overseas shares is the lack of knowledge
7:17 AM Orient to deepen its presence in health food

Industry is moving towards a niche market
7:17 AM OCBC Bank SME customers prefer digital banking solutions

PETALING JAYA: Since its launch in July last year, OCBC Bank (M) Bhd’s fully remote digital current account for small and medium enterprises (SMEs) has outpaced in-branch account openings more than twice over.
7:17 AM China banks cut key rate by record to boost ailing economy

CHINESE banks cut a key interest rate for long-term loans by a record amount, a move that would reduce mortgage costs and may help counter weak loan demand caused by a property slump and Covid lockdowns.
7:03 AM The need to learn to invest before it’s too late

THE biggest story in Japan this week was about a man who mistakenly received an entire town’s US$360,000 (RM1.6mil) allotment of Covid-stimulus money – and chose to gamble it all at an online casino rather than invest.
7:03 AM PetChem finds good fit in Sweden’s Perstorp

Buy allows diversification into specialty chemicals
tag stockPCHEM -0.3%,
7:03 AM Short Position - CPO prices, Green hydrogen in Malaysia

THE abrupt lifting of Indonesia’s palm oil export ban starting this Monday will once again disrupt the commodity’s price movement in the global edible oil market.
7:03 AM Chin Hin Group continues M&A spree

Company looking for synergies with latest acquisitions
tag stockCHINHIN +1.6%, SIGN +2.9%, AJIYA +1.8%, SLVEST +0.7%,
7:03 AM Recovery theme sustains short-term interest in M-REITs

WHILE higher interest rates are a disadvantage to real estate investment trusts (REITs), investors appear to have shrugged off the implication of the recent hike in the overnight policy rate (OPR) on the sector for the time being.
7:03 AM New vehicle sales down 3.6% in April

PETALING JAYA: Malaysia recorded new vehicle sales of 56,213 units in April 2022, down 3.63% from 58,329 units a year ago due to shortages of chips and components.
7:03 AM Khazanah in S. Korean partnership with SK ecoplant

KUALA LUMPUR: Khazanah Nasional Bhd has entered into a strategic partnership with South Korea’s SK ecoplant Co Ltd, which will see the latter take up a 30% stake in Khazanah-owned Cenviro Sdn Bhd to spur its growth into a regional waste management powerhouse.
7:03 AM Pharmaniaga’s quarterly revenue rises 21.26%

PETALING JAYA: Pharmaniaga Bhd recorded a net profit of RM27.73mil in the first quarter ended March 31, 2022, a 19.8% increase over RM23.14mil in the previous corresponding quarter.
tag stockPHARMA +0.7%,
7:03 AM BNPL – A debt bondage?

WITH the emergence of technology and changing customer behaviour, a new form of payment option, driven mainly by startups, is taking shape not only in Malaysia but globally.
7:03 AM In search of the less grim version of monetary hell

POLICY makers are fighting the devil in front of them rather than the goblin lurking around the corner.
6:53 AM Trump’s handwritten notes to flip election cited by his lawyer
6:49 AM Wall Street ends mixed after punishing week
6:46 AM As bear market looms, battered Wall St seeks elusive 'Fed put'
6:43 AM Global stocks rebound despite unease over economy; dollar gains
6:36 AM Moody's downgrades Ukraine to "Caa3" on debt uncertainty
6:35 AM U.S. House Speaker Pelosi barred from Catholic communion over abortion stance
1:36 AM McDonald's Russia franchisees to have option of working under new brand — TASS
1:03 AM KPower redesignates Sarah Azreen as deputy chairman
tag stockKPOWER -2.2%,
1:00 AM Dataprep to raise RM16 mil from private placement for ICT business expansion
tag stockDATAPRP -2.0%,
12:52 AM Allianz, ELK-Desa, IOI, Sarawak Plantation, Pharmaniaga, MHB, Sime Darby...
tag stockALLIANZ +0.3%, ELKDESA -0.8%, IOICORP +0.2%, SWKPLNT +1.1%, PHARMA +0.7%, MHB +1.2%, SIMEPLT -1.0%, CAELY +9.3%, ZELAN 0%, YB +2.4%, GETS -0.9%, CAP +50.0%, SCBUILD 0%, MPAY +3.6%,
12:50 AM Jet Airways to resume flying by September in fierce India market
12:40 AM Mondelez International to keep Cadbury chocs and biscuits affordable
12:18 AM LGMS to raise RM45.7m via ACE-Market listing


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