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Sat, 23 Sep 2023
8:28 AM Do fundamentals meet technical in the stock market? i4value
8:00 AM Data providing competitive edge for F&B businesses

Data has become the new currency of competitive advantage, a notion that Johor Corporation (JCorp) has not only recognised but leveraged to redefine the food and beverage landscape (F&B). Utilising a robust portfolio of digital strategies — from data analytics and blockchain to artificial intelligence (AI) — JCorp is setting a new standard for what it means to be an agile and customer-centric business in today’s increasingly digital world.
7:17 AM Oil ends week lower as demand concerns face Russia supply ban

Oil prices held steady on Friday but closed the week lower on profit-taking and as markets weighed supply concerns stemming from Russia's fuel export ban against demand woes from future rate hikes.
7:06 AM S&P 500, Nasdaq notch biggest weekly losses since March

Wall Street see-sawed to a lower close on Friday, capping a tumultuous week during which benchmark Treasury yields hit 16-year highs and investors digested the Federal Reserve's hawkish outlook revisions.
7:04 AM Steady outlook for luxury condominium segment

The rebound in the country’s residential property market is expected to spur the high-end condominium segment, which has remained soft for several years.
7:04 AM Sime Darby cements its position as key auto player

Sime Darby's acquisition of UMW Holdings is a market-moving deal that will have a significant impact on the Malaysian automotive industry. It is a new chapter for Sime Darby, but the company has a long history of deals that have shaped both its corporate landscape and that of the country.
7:04 AM CEO shares insights into group’s outlook

Sime Darby chief executive officer Datuk Jeffri Salim Davidson shares his thoughts on the new group’s outlook in an interview with StarBizWeek.
7:04 AM SC unveils measures to attract foreign investors

The Securities Commission (SC) has announced several capital market initiatives in an effort to boost market vibrancy and enhance investor access to the country’s capital market.
7:04 AM Development of AHTV to herald benefits for numerous sectors

Back in July, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz lauded the heads of agreement deal by DRB-Hicom Bhd and Chinese automobile manufacturer Zhejiang Geely Holding Group Co Ltd to develop the Automotive High-Tech Valley (AHTV) in Tanjung Malim.
7:04 AM BFood aims higher amid rising competition

Despite rising competition in the coffeehouse and roastery space in the country, Berjaya Food Bhd (BFood) appears unfazed and remains committed to investing in the business for the long term.
7:04 AM Who will finance the South’s next transition?

The global financial system is in a real bind, because interest rates may be peaking, global debts are at record highs, and geopolitical and climate disaster risks are at looming.
7:04 AM Running ahead of fundamentals

The recent rally among property stocks has been led by the Johor-based property players riding on multiple themes that investors perceive to be excellent news for these property companies as a key infrastructure project, like the rapid transit system (RTS) link is taking shape.
7:04 AM Short position: Narrowing of valuation discounts, Food for thought

THE rally in property stocks looks like it has legs to go on, with investors ready to take a gamble on companies with exposure to the Johor property market, in particular.
7:04 AM Itmax bags second Johor contract in a week

Itmax System Bhd has secured a RM111.2mil contract with Iskandar Puteri City Council to provide a closed circuit camera system with artificial intelligence (AI) features and smart traffic light system in the city.
7:04 AM No major change in salaries

There has been no substantial change in median salaries across most sectors of the economy from the previous year even though the cost of living keeps rising due to inflationary factors.
7:04 AM The video commerce boom

The video commerce trend is fast catching up in corporate Malaysia with the rising popularity of eCommerce.
7:04 AM CapBay empowers SMEs, offers investment opportunities

CapBay started in 2017 with a random Facebook post offering soft loans to entrepreneurs. The company quickly gained popularity and is now a market leader in supply chain finance and peer-to-peer financing.
7:04 AM Bearish stance on bonds and currency

Malaysia's government bonds and the ringgit continued to weaken on a weekly basis.
7:04 AM Long way to go for Malaysian carbon market

As Malaysia is nearing the first year anniversary of its carbon exchange, it is hard to ignore the fact that no Malaysian-based projects are onboard so far.
7:00 AM Wall St Week Ahead: Fed-wary investors eye mounting risks to US stock rally

A hawkish stance from the Federal Reserve, soaring Treasury yields and a looming government shutdown are adding to a cocktail of risks that has spooked investors and clouded the outlook for US equities.
1:16 AM 黄崇洸:关丹中资日趋多 中餐馆如雨后春笋开业
12:53 AM Ukraine war expected to have bigger impact on European economies — Swiss study

The war in Ukraine has reduced European economic growth and "considerably" pushed up inflation across the continent, the Swiss National Bank said in a study published on Friday, with worse effects still to come.
12:47 AM S&P 500, Nasdaq rebound as Treasury yields retreat; Ford rises

The S&P 500 and the Nasdaq made a slight recovery on Friday as Treasury yields retreated from multi-year highs, while shares of Ford jumped on news of progress in labour talks with workers' union. Ford Motor advanced 2.5% after Reuters reported the United Auto Workers (UAW) was set to announce progress in labour contract talks with the carmaker.
12:16 AM 郭素沁:政局已稳定 首相现专注招商引资
12:16 AM 洪仕铭:应纳入计划 加速推电动摩托销量
12:16 AM HealthLand和Inner Peace Spa合作 医疗保健养生创新格局
12:16 AM 实达集团阻力RM1.13/敏源
12:16 AM 下跌股:佳捷协作RM23.78支撑
12:16 AM 林冠英:已致函安华 争取槟城建金融特区
12:16 AM 上升股:联合机械上挑RM2.20
12:16 AM 热门股:科米特机构阻力RM1.65
12:16 AM 法迪拉明率团访印度 探讨棕油战略合作
12:10 AM Chin Hin, Ajiya, ITMAX System, United Malacca, BPlant, KLK, CTOS and LFE Corp

Here is a brief recap of some corporate announcements that made news on Friday: Chin Hin Group Bhd, Ajiya Bhd, ITMAX System Bhd, United Malacca Bhd, Boustead Plantations Bhd (BPlant), Kuala Lumpur Kepong Bhd (KLK), CTOS Digital Bhd and LFE Corp Bhd.
12:05 AM Tanco MD raises stake in group, shares see active trading

Tanco Holdings Bhd's group managing director Datuk Seri Andrew Tan Jun Suan has raised his indirect shareholding in the group to 785.06 million shares or a 39.59% stake after acquiring five million shares on Friday.
Fri, 22 Sep 2023
11:03 PM Compugates unit to seek leave to appeal court order requiring return of part of deposit to JV partner

Compugates Holdings Bhd said its 70%-owned unit, Compugates Development and Mining Sdn Bhd (CDMSB), will apply for leave to appeal against the Court of Appeal order requiring CDMSB to refund RM3 million from the initial deposit paid by its joint-venture (JV) partner for a proposed mixed development project.
10:24 PM US Releases Final Rules for Implementation of CHIPS and Science Act on Sept. 22, One Day After EU's EUCA
10:05 PM US, China form working groups on economic and financial issues in sign of better ties

The US and China are establishing two working groups to discuss economic and financial issues, the latest sign of a thaw in relations between the world’s largest economies. The groups “will provide ongoing structured channels for frank and substantive discussions on economic and financial policy matters, as well as an exchange of information on macroeconomic and financial developments,” the US Treasury Department said in a statement Friday.
10:03 PM VinFast Drops 3.6% After Reporting Q2 Net Loss of US$526.7 Million
9:53 PM US business activity nears stand-still in September, survey says

US business activity showed little change in September, with the vast services sector essentially idling at the slowest pace since February, and overall new order activity slipping to the lowest level this year, a survey published Friday showed.
9:51 PM Baltic Exchange shipping updates: Sept 22, 2023

A weekly round-up of tanker and dry bulk market (Sept 22, 2023)
9:51 PM US Markit PMI Data for September Mixed Compared to Estimates
9:49 PM 涨声响起来,我心更明白/股悦
9:46 PM 令吉贬值如何挽救?/李荣昌
9:32 PM iPhone 15开卖人潮涌现 高阶机热考验苹果供货能力
9:27 PM QES Group | 屹立不倒的科技股?
tag stockQES 0%,
12Invest MY
9:25 PM Symphony Life proposes 1-for-2 rights issue of warrants to repay bank borrowings

Symphony Life Bhd has proposed a renounceable rights issue of warrants for the basis of one warrant for every two existing shares, to raise up to RM35.8 million.
9:22 PM Huawei Will Face Increasing Difficulties, but Will Also Flourish, Says Founder Ren Zhengfei
9:20 PM Wall St set for slight rebound with focus on Fed speakers, economic data

WALL Street's main indexes were on track to open higher on Friday after concerns over interest rates battered stocks in the prior session, while investors awaited data and comments from policymakers to assess the Federal Reserve's next steps.
9:06 PM 电子发票明年开跑 企业界多一窍不通
9:03 PM 阿米鲁丁:有信心年杪达标 雪5年建4.5万可负担屋
8:54 PM 促进贸易投资旅游 马泰同意深化合作
8:52 PM 安华首晤新泰相
8:45 PM Michael Bloomberg outlines succession plan for media empire — NYT

Michael Bloomberg, co-founder of Bloomberg LP, outlined a succession plan for the financial information and news company, saying that his foundation Bloomberg Philanthropies will inherit it and then eventually sell it, the New York Times reported.
8:34 PM Nikola unveils US$40M notes offering; Gundlach warns of rate hike on oil prices; Alibaba's Cainiao to file for HK IPO
8:18 PM ITMAX System | 新合约、新希望?
tag stockITMAX +2.9%,
Eventure Group
8:14 PM CTOS Digital units enter into RM4 mil worth of recurrent related party transactions

CTOS Digital Bhd’s wholly-owned subsidiaries, CTOS Data Systems Sdn Bhd, CTOS Basis Sdn Bhd and CTOS IDS Sdn Bhd, have entered into recurrent related party transactions (RRPTs) of a revenue or trading nature for an aggregated value of RM4.06 million.
tag stockCTOS 0%,
8:03 PM 【独家/视频】谢富年开荒辟土建产业帝国 双威集团点矿成金
tag stockSUNWAY -0.5%,
7:58 PM EVENING 5: Five things you need to know today

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.
7:57 PM Discussions on padi planting infrastructure in Sarawak — Fadillah

The federal government will hold discussions on allocations to develop padi planting infrastructure in Sarawak, Deputy Prime Minister Datuk Seri Fadillah Yusof said.
7:50 PM 滥用主导地位 英特尔遭欧盟罚款18.7亿

(布鲁塞尔22日讯)英特尔(INTEL) 再次被欧盟反垄断监管机构处以3.7636亿欧元(约18.7亿令吉)的罚款,此前...
7:49 PM LFE Corp to buy remaining 40% stake in LFE Development for RM3.5 mil

LFE Corp Bhd has entered into a conditional share agreement with Patrick Heng Jin Wei to buy 100,000 shares representing the remaining 40% equity of LFE Development Sdn Bhd (LDSB) for RM3.5 million cash.
tag stockLFECORP 0%,
7:44 PM 外汇储备跌至5226.32亿
7:41 PM 国油·马国际船务·商船三井 合作开发碳捕获运输船
tag stockMISC -0.1%,
7:35 PM Chin Hin bumps up stake in Ajiya, triggering MGO at RM1.53 per share

Chin Hin Group Bhd said it will be making a mandatory general offer (MGO) for the remaining shares in Ajiya Bhd at RM1.53 per share, but intends to maintain Ajiya's listing status. This comes after the building material specialist on Friday entered into share sale agreements with How Lian Yeong and Ong Hang Ping for the proposed acquisition of a 2.11% stake or 6.22 million shares in Ajiya for RM9.51 million or RM1.53 per share.
tag stockCHINHIN 0%, AJIYA +1.3%,
7:35 PM Impact from rising rice price negligible on CPI growth, says CGS-CIMB

CGS-CIMB does not think that rising rice prices will have any significant impact on Malaysia's Consumer Price Index (CPI) this year.
7:34 PM 车主深陷里程焦虑 电动车普及困难重重
7:29 PM ITMAX secures second smart city contract in Johor worth RM111m

ITMAX System Bhd has secured a RM111.2 million contract from the Iskandar Puteri City Council to provide a closed-circuit camera system with artificial intelligence (AI) features and smart traffic light system.
tag stockITMAX +2.9%,
7:27 PM Govt should institute bolder tax reforms to meet deficit target

KUALA LUMPUR: The government should institute bolder tax reforms and not just rationalise subsidies to achieve its deficit target of between 3.0 per cent and 3.5 per cent by end-2025, said RAM Ratings senior economist Woon Khai Jhek.
7:17 PM 棕油价下跌拖累业绩 联合马六甲首季净利挫88%
tag stockUMCCA 0%,
7:17 PM Ringgit ends slightly higher tracking the positive equity market

KUALA LUMPUR: The ringgit ended slightly higher against the US dollar today on mild demand, tracking the positive sentiment on the equity market despite the firmer greenback, analysts said.
7:15 PM Petronas, Mitsui, MISC to jointly develop LCO2 carriers for CCS projects in Malaysia

Petroliam Nasional Bhd’s (Petronas) wholly-owned subsidiary Petronas CCS Ventures Sdn Bhd has signed a term sheet with Mitsui OSK Lines Ltd (MOL) and MISC Bhd for the potential incorporation of a joint-venture entity to invest in developing and monetising liquefied carbon dioxide (LCO2) carriers for carbon capture and storage (CCS) projects in Malaysia.
tag stockMISC -0.1%,
7:02 PM 10公斤白米不超过30令吉 即日起在这里可以买到
7:02 PM 内需大缺工 台8月失业率续创23年单月新低

7:01 PM Biden issues China restrictions on companies getting chip funds

The Biden administration announced final restrictions on Friday on expansion in China by semiconductor companies that will receive federal funds to build plants in the US.
6:54 PM 本周第二宗 ITMAX再获价值1亿合约
tag stockITMAX +2.9%,
6:48 PM KLK-Boustead Plantation deal cut-off date postponed again to Oct 6

The cut-off date for the proposed disposal of a 33% stake in Boustead Plantations Bhd (BPlant) by the Armed Forces Fund Board (LTAT) has been extended for the second time. Kuala Lumpur Kepong Bhd (KLK), which is acquiring the 33% stake from LTAT and Boustead Holdings Bhd, said the three parties have agreed for the cut-off date for the strategic collaboration agreement (SCA) to be extended for another two weeks to Oct 6.
tag stockKLK +0.4%, BPLANT 0%,
6:47 PM Ringgit ends slightly higher against US dollar as demand edges up

The ringgit ended slightly higher against the US dollar on Friday on mild demand, tracking the positive sentiment of the equity market despite a firmer greenback, analysts said.
6:47 PM 棕油跌价拖累 联合马六甲首季净利急挫89%

tag stockUMCCA 0%,
6:44 PM Chin Hin triggers MGO after raising stake in Ajiya

KUALA LUMPUR: Chin Hin Group Bhd has proposed to acquire 2.11%, or 6.2 million shares in in Ajiya Bhd for RM9.51mil cash or RM1.53 per share.
tag stockCHINHIN 0%, AJIYA +1.3%,
6:37 PM 振兴增持后触发门槛 1.53令吉全购安吉雅
tag stockCHINHIN 0%, AJIYA +1.3%,
6:35 PM U.S. dollar index soars for nine consecutive weeks! Will it impact the U.S. stock market?
6:34 PM Court dismisses Enersafe's application to overturn restraining orders imposed by Sapura Energy and subsidiaries

The High Court on Friday dismissed an application by Enersafe Resources Sdn Bhd to intervene and set aside the ex-parte restraining orders imposed by Sapura Energy Bhd (SEB), and its 22 wholly-owned subsidiaries, on its creditors.
6:32 PM ITMAX获1.11亿视频监控和智能交通灯系统合约

tag stockITMAX +2.9%,
6:30 PM ITMAX wins RM111.2mil smart city contract in Johor

KUALA LUMPUR: ITMAX System Bhd has secured a contract worth RM111.24mil from Iskandar Puteri City Council (MBIP) for the provision of video surveillance and smart traffic light system services.
tag stockITMAX +2.9%,
6:28 PM 幸福来2配1凭单    集资3582万

tag stockSYMLIFE 0%,
6:27 PM 增持2.11%股权 振兴将全面献购安吉雅

tag stockCHINHIN 0%, AJIYA +1.3%,
6:26 PM 欧元区9月制造业PMI初值低预期

6:25 PM 高通组织调整 在台湾大裁员

6:25 PM 投资液态二氧化碳运输船 国油涉足集碳及封存项目

tag stockMISC -0.1%,
6:17 PM FBM KLCI snaps losing streak, up 2.02 points

KUALA LUMPUR: The FBM KLCI snapped its four-session losing streak to finish higher on Friday as bargain hunters picked up oversold counters.
6:17 PM PETRONAS, MOL and MISC to jointly develop LCO2 carriers for CCS projects

KUALA LUMPUR: PETRONAS CCS Ventures Sdn Bhd (PETRONAS CCS Ventures), a wholly-owned subsidiary of PETRONAS has signed a term sheet with Mitsui O.S.K Lines, Ltd. (MOL) and MISC Bhd.
tag stockMISC -0.1%,
6:11 PM Research houses maintain M'sian inflation rate forecasts for 2023 as August CPI stays at 2%

Local research houses have maintained their consumer price index (CPI) forecasts for 2023, as Malaysia’s headline inflation continued its growth momentum at 2% in August.
6:02 PM 【财经最热NOW】9月22日|普及电动车 大马真的准备妥当?
5:59 PM 港股引领亚洲股市上扬 马股全天小涨0.14%

5:55 PM 【行家论股】KESM科技 产量成潜在风险
tag stockKESM +5.0%,
5:55 PM 【行家论股】杨忠礼电力 新财年可掀惊喜
tag stockYTLPOWR 0%,
5:55 PM 【行家论股】绿盛世 有望超越销售目标
tag stockECOWLD 0%,
5:53 PM 证监会:股债市上半年集资589亿 致力吸引外资公司来马上市

5:52 PM China's central bank publishes list of systemically important banks

China's central bank and financial regulator released a list of 20 systemically important banks, which they said would need to meet additional capital and leverage requirements, according to a statement on Friday.
5:45 PM 世霸龙首季净赚233万
tag stockSUPERLN +4.5%,
5:43 PM Putrajaya urged to institute bolder tax reforms to meet deficit target

The government should institute bolder tax reforms and not just rationalise subsidies to achieve its deficit target of between 3.0% and 3.5% by end-2025, said RAM Ratings senior economist Woon Khai Jhek.
5:39 PM 暂停加息周期 英镑跌至半年低点
5:38 PM Bursa snaps four-day losing streak, ends firmer

Bursa Malaysia ended the week higher due to a positive regional performance, according to an analyst, breaking a four-day losing streak. At 5pm on Friday, the FBM KLCI had risen 2.02 points to 1,450.23, from Thursday’s close at 1,448.21.
5:31 PM Apple’s iPhone 15 goes on sale in test of holiday resurgence

Apple Inc’s latest iPhones and watches went on sale on Friday, a test of whether a new smartphone design and modest smartwatch changes can help return the company to growth.
5:21 PM Global central banks unite in 'higher for longer' credo

Central banks for the world's biggest economies have served notice that they will keep interest rates as high as needed to tame inflation, even as two years of unprecedented global policy tightening reaches a peak.
5:19 PM 结束6连亏股价大涨 科仪料未走出低潮

tag stockKESM +5.0%,
5:14 PM 传筹资逾47亿 菜鸟最快下周申请IPO
5:11 PM 午盘后发力 马股重返1450关键水平
5:01 PM 杨忠礼与杨忠礼电力 有望跻入综指成分股
tag stockYTL 0%, YTLPOWR 0%,
4:58 PM 两美联储前官员:美国经济难软着陆
4:56 PM 议息决策前夕 日本8月通胀超标
4:55 PM 遭解雇黑人指控 字节跳动涉歧视
4:53 PM 中国国资房企评级展望遭降
4:49 PM 提高生产效率维持赚幅 合成工业回勇将加码派息

tag stockHUPSENG -0.7%,
4:47 PM 张聒翔:促进贸易及旅游 森美兰安徽或结为友好省州
4:41 PM UK recession risk deepens as companies falter — PMI

British companies endured a much tougher September than feared, marked by growing unemployment and recession risks, according to a survey on Friday that underlined why the Bank of England (BOE) halted its run of interest rate hikes this week.
4:36 PM Asian FX range-bound; Indian rupee rises on JPMorgan index inclusion

EMERGING Asian stock markets rose on Friday, while most currencies traded in a narrow range as investors digested the prospects of higher-for-longer U.S. interest rates.
4:19 PM BOJ keeps ultra-loose policy, dovish guidance on outlook

TOKYO: The Bank of Japan maintained ultra-low interest rates on Friday and its pledge to keep supporting the economy until inflation sustainably hits its 2% target, suggesting it was in no rush to phase out its massive stimulus programme.
4:16 PM HSTECH rose by 3.69%; SUNAC SERVICES climbed by 37.04%; NTES-S rose by 6.23%
4:06 PM Thailand and Malaysia agree to deepen ties in trade, investment, tourism

Thailand's Prime Minister Srettha Thavisin and his Malaysian counterpart Datuk Seri Anwar Ibrahim agreed to deepen trade, investment, and tourism cooperation when they met on the sidelines of the 78th United Nations General Assembly (UNGA) on Thursday.
4:06 PM 首3季全球IPO集资榜 上交所稳守榜首

(香港22日讯 )德勤发表今年首3个季度首次公开招股(IPO)巿场表现回顾,期内上海交易所以约1990亿元集资额,稳守全...
4:06 PM 创投GGV一拆二 分割中美业务

(三藩市22日讯)在中国与美国的地缘政治关系日益紧张的背景下,知名创投公司纪源资本(GGV Capital)将分拆为两家...
4:04 PM 市值节节上升 杨忠礼双雄有望晋升综指成份股

tag stockYTL 0%, YTLPOWR 0%,
3:57 PM UK retail sales rebound as shoppers return from wet July

UK retail sales rebounded in August, as the return of more settled weather brought consumers back into the shops. The volume of goods sold in stores and online rose 0.4% in August, the Office for National Statistics (ONS) said on Friday. That partially recovered from a revised 1.1% drop in July, when cool and rainy conditions reduced activity. Economists had expected a gain of 0.5% in the latest month.
3:53 PM Thirty buyers snapped up 8,000 South Korea homes in five years

Just 30 people bought 8,000 homes in South Korea over the past five and half years, despite the government’s efforts to curb demand for multiple home ownership.
3:44 PM BofA says investors flee from stocks as hard landing signs grow

Investors are dumping equities at the fastest pace since December as the prospect of higher-for-longer interest rates raises the risk of a recession, Bank of America Corp strategists say.
3:38 PM 马国民再保险派息4.45仙
tag stockMNRB +8.2%,
3:38 PM Alibaba’s Cainiao plans to raise at least US$1b in Hong Kong IPO soon

Cainiao Network Technology Co, the logistics arm of Alibaba Group Holding Ltd, is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with the matter, potentially making it among the first of the Chinese tech firm’s units to go public.
3:35 PM 证监会:吸引更多投资者 大马今年首发股料达40只
3:34 PM 与东京海上合作将届满 兴业考虑处置保险业务
3:28 PM Bank Negara international reserves amount to US$111.5bil as at Sept 15, 2023

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$111.5 billion (US$1=RM4.6855) as at Sept 15, 2023 compared with  US$112.2 billion as at Aug 15, 2023.
3:27 PM Huawei’s new chip powering sales surge shown to have 5G support

Huawei Technologies Co’s Kirin 9000s processor supports 5G wireless speeds, TechInsights said, dispelling some of the mystery around the Chinese company’s latest devices.
3:18 PM 9月中旬外汇储备降至5228亿

3:16 PM European gas prices drop as Australia LNG strikes called off

European natural gas prices fell as Chevron Corp and labour unions in Australia agreed to end strikes at major export plants that roiled the market for more than a month.
3:14 PM 分头与美4大企业会谈 安华续为马招商引资
3:11 PM China mulls easing foreign stake limits to lure global funds

China is considering relaxing the rules that cap foreign ownership of domestic publicly traded firms, people familiar with the matter said, as it seeks to lure global funds back to its US$9.4 trillion (RM44.08 trillion) stock market.
3:11 PM 阿克马促政府重启一马商店
3:07 PM US existing home sales fall in August; house prices rise

US existing home sales unexpectedly fell in August as persistently tight supply boosted prices, and a further decline is likely amid a resurgence in mortgage rates.
3:04 PM MNRB announces final dividend of 4.45 sen for FY2023

MNRB Holdings Bhd announced a single-tier final dividend of 4.45 sen for the financial year ended March 31, 2023 (FY2023). It noted in a statement on Friday that the dividend amount rose significantly by 78%, versus the previous financial year, underpinned by a commendable performance across its reinsurance and takaful subsidiaries.
tag stockMNRB +8.2%,
3:03 PM Murdoch Family Trust: The real battle over succession has yet to begin

When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp Thursday, the announcement put to rest immediate questions about who will run News Corp and Fox Corp a sprawling media empire that includes some of the most powerful brands in the world.
2:59 PM US hotel loan defaults could rise on falling leisure stays, climbing costs

(Sept 21): U.S. hotel owners could see greater pressure on their ability to service the loans backing their properties, as a decline in leisure stays coupled with rising costs are expected to pinch their profits. In the second quarter,...
2:57 PM Oil prices rise as supply concerns outweigh demand fears

SINGAPORE: Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global supply outweighed fears that further U.S. interest rate hikes could dent demand, but they were still headed for their first weekly loss in four weeks.
2:55 PM iPhone15中国掀抢购潮
2:52 PM China, India lead Asia's biggest hydropower crunch in decades

Hydropower generation in Asia has plunged at the fastest rate in decades amid sharp declines in China and India, data shows, forcing power regulators battling volatile electricity demand and erratic weather to rely more on fossil fuels.
2:51 PM Sterling dips after weaker-than-expected UK retail data

Sterling weakened against the US dollar to a session low of US$1.2269 after data showed retail sales in Britain rose less than expected in August.
2:47 PM Britain says may clear restructured Microsoft-Activision deal

Microsoft's restructured acquisition of Activision Blizzard "opens the door" to the deal being cleared, Britain's antitrust regulator said on Friday.
2:44 PM Experts: China prudent about rate cuts

CHINA may turn more prudent about aggregate monetary easing measures such as interest rate cuts in the short term amid the continued strength of the US dollar, but beef up structural monetary support, experts said on Thursday.
2:37 PM 小摩明年中将印度纳入新兴市场政府债券指数

(纽约22日讯)摩根大通(JPMorgan,小摩) 将把印度政府债券纳入其新兴市场债券指数,可望带动至少数十亿美元的海外...
2:36 PM Stocks slide as higher-for-longer sinks in; yen drops on BOJ

SINGAPORE: Stocks eyed their worst week in a month on Friday and Treasuries hit decade lows as investors hunkered down for U.S. interest rates to stay high for some time, while the yen was pinned near an 11-month trough after the Bank of Japan left short-term rates below zero.
2:33 PM Sedania ordered to pay RM14.5m to parties claiming to own 49% of consumer healthcare products arm

Sedania Innovator Bhd has been ordered by the High Court to compensate RM14.52 million to two individuals claiming to own a 49% stake in the group’s consumer healthcare products business.
tag stockSEDANIA -7.0%,
2:32 PM 东京海上银保合作明年结束 传兴业银行征询银保业务建议

tag stockRHBBANK -0.2%,
2:27 PM Foreign affiliates contribute RM274.3bil value added to economy

KUALA LUMPUR: Nearly 3,000 foreign affiliates are operating in Malaysia, contributing a value added of RM274.3 billion in 2021, or 17.7 per cent of Malaysia’s economy, said the Department of Statistics Malaysia (DoSM).
2:26 PM 世界最佳航运中心 新加坡10连冠

2:21 PM Sunac’s 166% surge after results raises fear of overheating

A meteoric 166% surge this month in Sunac China Holdings Ltd shares may be due for a reversal given that the distressed developer’s fundamentals remain weak, analysts said.
2:18 PM 安华向全球大派定心丸 改革打造更优经商环境
2:06 PM China climate envoy says phasing out fossil fuels 'unrealistic'

The complete phasing-out of fossil fuels is not realistic, China's top climate official said, adding that these climate-warming fuels must continue to play a vital role in maintaining global energy security.
2:06 PM 大马8月通胀持平2%

2:01 PM DOSM: Foreign affiliates contributed RM274.3b value added to economy in 2021

Nearly 3,000 foreign affiliates are operating in Malaysia, contributing a value added of RM274.3 billion in 2021, or 17.7% of Malaysia’s economy, said the Department of Statistics Malaysia (DOSM).
2:01 PM SC working to facilitate company listings on Bursa Malaysia

KUALA LUMPUR: The pipeline of initial public offerings (IPO) on Bursa Malaysia remains healthy with an expected 35 to 40 IPOs expected to be undertaken this year, said Securities Commission chairman Datuk Seri Awang Adek Hussin.
tag stockBURSA -0.1%,
2:01 PM Sunac Services surges over 35% in afternoon, leading property sector; Evergrande Services up 25%
1:51 PM Philippine central bank sees more than one hike on the cards

The Philippine central bank has a “good chance” of resuming monetary tightening in November, and may increase its benchmark interest rate further after that, amid “relentless” supply shocks, governor Eli Remolona said.
1:43 PM Thai PM meets tech giants for more US investments

Thailand’s Prime Minister Srettha Thavisin met with executives from Microsoft Corp, Alphabet Inc and Goldman Sachs Group Inc on Thursday, as part of efforts to convince US companies to invest more in the Southeast Asian nation after his coalition ended a near-decade rule by military-backed parties.
1:34 PM 付费电视生意难做   分析员大砍Astro大马财测

tag stockASTRO +1.0%,
1:30 PM 日本央行维持利率-0.1%不变 8月核心CPI高于预期

1:29 PM Malaysia's inflation rate unchanged at 2% in August 2023

KUALA LUMPUR: Malaysia’s inflation remained unchanged at two per cent in August 2023, similar to the growth rate recorded in July 2023, said the Department of Statistics Malaysia (DoSM).
1:28 PM SC expects to see 35 to 40 IPOs in 2023, says chairman

More to come ...
1:23 PM 穆迪下调多家中国房企评级展望

1:22 PM 联营发展住宅项目 登高股价大热走高

tag stockTANCO +0.9%,
1:20 PM 收购Foodpanda称霸东盟? Grab料闯不过反垄断条例
1:20 PM Two of China’s strongest developers face rating cuts by Moody’s

Moody’s Investors Service has put two of China’s few investment-grade developers on a review for a possible downgrade, the latest sign that the fallout from the real estate industry’s debt crisis is spreading.
1:18 PM Proton X90 debuts in Mauritius, South Africa and Brunei

KUALA LUMPUR: Proton Holdings Bhd’s first new energy vehicle (NEV), the X90 sport utility vehicle (SUV), has made its debut in three export markets, namely, Mauritius, South Africa, and Brunei, with export sales growth in international markets being one of the key pillars for the national car maker’s long-term goals.
tag stockDRBHCOM +0.7%,
1:15 PM 大马8月通胀持平在2% 食物通胀放缓至4.1%
1:07 PM SoftBank-backed Arm dips below IPO price after just one week

Chip designer Arm Holdings plc fell below its initial public offering (IPO) price just one week after a highly-anticipated debut was seen as a signal that the market was ready to reopen to fresh listings.
12:58 PM Bursa easier at midday on lack of fresh catalysts

Bursa Malaysia ended Friday's morning trading session easier on lack of fresh catalysts as investors waited for more developments on the global economic front, said an analyst.
12:58 PM Chevron and unions agree to end Australian LNG strikes

Chevron Corp and labour unions reached an agreement to end strikes at key liquefied natural gas (LNG) facilities in Australia that have roiled the global market for the fuel.
12:55 PM 喜欢柔佛金融枢纽点子 柔苏丹:何晶有兴趣合作
12:53 PM 英央行维持利率 行长:降息言之过早

12:50 PM 马币行情(22/09/2023)
12:49 PM Indonesia consortium invests US$1.3b in new capital

A consortium of Indonesian companies, including energy firm Adaro and conglomerate Astra International, have invested about 20 trillion rupiah (US$1.3 billion or RM6.1 billion) in the country's new capital city, according to the local authority.
12:47 PM 英伟达对冲中国风险 视印度为主要AI市场

(纽约 22日讯)《彭博》报道,英伟达(Nvidia)首席执行员黄仁勋早前访问印度5日,并与当地科技高管和研究人员共进晚...
12:43 PM FBM KLCI slightly negative after paring earlier losses

KUALA LUMPUR: Malaysia's benchmark stock index pared losses headed into the lunch break as regional markets proved more resilient than anticipated in light of Wall Street's overnight plunge.
12:41 PM US mortgage rates rise for second straight week, hitting 7.19%

Mortgage rates in the US rose for the second week in a row. The average for a 30-year, fixed loan increased to 7.19% from 7.18% last week, Freddie Mac said in a statement on Thursday. It’s the sixth straight week that the average rate has hovered above 7%.
12:40 PM 马股与市场背道而驰 综指休市跌3.35点
12:25 PM Anwar meets with Google, Boeing, Medtronic and Siemens Healthineers executives in New York

Prime Minister Datuk Seri Anwar Ibrahim’s efforts to attract investors to Malaysia continued with separate meetings with four giant companies, namely Google, Boeing, Medtronic and Siemens Healthineers.
12:21 PM End is in sight for global rate hiking cycle?

LONDON, (Sept 21): Big central banks are closing in on the end of their rate hiking cycles, starting to surprise markets as their outlooks on when and how they will cease monetary tightening diverge. The U.S. Federal Reserve has trounc...
12:12 PM RHB Bank weighing insurance options as Tokio Marine pact ends soon, sources say

RHB Bank Bhd is asking financial advisers for proposals for its partnership to sell insurance in its branches, as its deal with an arm of Japan’s Tokio Marine Holdings Inc is set to expire at the end of next year, according to people with knowledge of the matter.
tag stockRHBBANK -0.2%,
12:08 PM O&G stocks active after Russia’s export ban on diesel, gasoline

Malaysian oil and gas (O&G) stocks were seen actively traded following news on Russia introducing a temporary ban on exports of gasoline and diesel to all countries except four ex-Soviet Union states, in a bid to stabilise prices in the domestic market.
tag stockKNM +4.2%, ARMADA +1.8%, ICON 0%, VELESTO -1.9%, YINSON +1.2%,
12:06 PM HSI rose by 1.21; ZHUGUANG HOLD soared by 60.00%; NTES-S rose by 4.46%
12:03 PM Malaysia's headline inflation stayed at 2.0% in August

More to come ...
12:03 PM Malaysia's headline inflation stayed at 2.0% in August

More to come ...
12:01 PM 英国消费者信心近两年最强 工资成长缓解生活成本压力

(伦敦22日讯)英国消费者信心升至近两年来最强,因为工资成长开始超过通胀,缓解了家庭的生活成本压力。GfK 公布9月份英...
11:59 AM BOJ stands pat on stimulus, fueling pressure on weak yen

(Sep 22): The Bank of Japan left its monetary settings unchanged and offered no clear sign of a shift in its policy stance, putting a damper on market speculation over the prospects for a near-term interest rate hike and fueling pressure on the yen. The BOJ kept its negative interest ra...
11:51 AM 新交所获选为年度亚太衍生品交易所

11:50 AM Asia stocks, Treasuries drop; Yen falls after BOJ

(Sep 22): Equity markets in Asia drifted lower after US stocks suffered the biggest slump in six months, while the 10-year Treasury yield touched the highest level in 16 years in a sign investors expect higher US interest rates to endure. Stocks in Japan, Australia and South Korea fell,...
11:43 AM Special economic zone, financial hub to boost Johor's global presence, says Sultan Ibrahim

As the special economic zone (SEZ) between Johor and Singapore takes shape, along with the development of a special financial zone in Forest City, Sultan Ibrahim Almarhum Sultan Iskandar envisions a bright future for Johor, one where the state’s presence is further established on the global stage.
11:43 AM “果粉”佳音  天地通数码开放预订iPhone15

tag stockCDB +1.8%,
11:28 AM Cisco taps new M&A firm Tidal for US$28b Splunk deal

A new merger and acquisition advisory firm launched last year by former Centerview Partners dealmakers has scored a big win by advising Cisco Systems on its US$28 billion (RM131.22 billion) acquisition of cybersecurity firm Splunk.
11:24 AM Kenanga, Maybank IB downgrade EcoWorld after recent share price rally

Kenanga Research has downgraded its recommendation on Eco World Development Group Bhd (EcoWorld) from "outperform" to "market perform" due to the recent increase in the company's share price.
tag stockECOWLD 0%,
11:21 AM HSTECH surges over 2% as large-cap tech stocks rally; MOG DIGITECH plummets 78% on convertible bond issuance termination
11:19 AM HLIB sees potential inclusion of YTL Corp, YTL Power into KLCI in November review

The appreciation of the market capitalisation of YTL Corp Bhd and its 49%-owned YTL Power International Bhd has raise their chances of being included into the 30-stock FBM KLCI in the upcoming November review, according to Hong Leong Investment Bank (HLIB).
tag stockYTL 0%, YTLPOWR 0%,
11:17 AM EcoWorld Malaysia opens on a slight lead after results announcement

KUALA LUMPUR: The trading stock of Eco World Development Group Bhd (EcoWorld) opened one sen higher at RM1.11 a share on Friday following the release of its third-quarter earnings.
tag stockECOWLD 0%,
11:15 AM 《南洋商报》又被冒名 网友分享被骗过程
11:14 AM Is Crescendo Corp a value trap? i4value
11:02 AM YZYBIO-B offer price HK$16 with an allotment rate of 18%; LC Logistics prices at HK$5.13, 1-lot success rate 30.04%
10:55 AM 安华:海湾国家对东盟感兴趣
10:48 AM 安华:大马拟和美国合作气候融资
10:45 AM Kenanga raises KESM's target price to RM7.06 after its return to profitability in 4QFY2023

Kenanga Research kept its ‘market perform’ call on KESM Industries Bhd after its financial year 2023 (FY2023) results exceeded expectations as it returned to profitability in the fourth quarter of FY2023 (4QFY2023) due to improved performance in its burn-in and test segment and reduced losses in the discontinued electronic manufacturing services (EMS) segment.
tag stockKESM +5.0%,
10:30 AM 安华:美国仍是大马主要投资者
10:13 AM Despite geopolitical rivalry, US remains Malaysia's top investor — Anwar

Despite the rivalry between the US and China, the tension in the South China Sea and China’s recent huge increase in investments in Malaysia, the US is still the country’s top investor, said Prime Minister Datuk Seri Anwar Ibrahim.
10:06 AM Anwar meets with 15 major US companies, shares Madani Economy framework

Prime Minister Datuk Seri Anwar Ibrahim has engaged with 15 US Fortune 500 companies, including Airbnb, Amazon, Amazon Web Services, Boeing, ConocoPhillips and Kimberly-Clark, in his mission to attract foreign direct investments (FDIs) to Malaysia.
9:59 AM Ringgit opens slightly higher on mild demand

KUALA LUMPUR: The ringgit opened slightly higher against the US dollar this morning due to mild demand for the domestic note.
9:52 AM 综指早盘再跌2.75点 政府欲降上网收费马电讯呈跌

9:26 AM Bursa opens lower tracking Wall Street's decline

Bursa Malaysia opened lower, taking the cue from Wall Street’s weaker performance as traders digested the US Federal Reserve (Fed)'s comments of more rate hikes ahead of the final quarter of 2023, said an analyst.
9:25 AM 禁令导致库存堆积 中国批准镓和锗出口许可
9:17 AM Bursa in the red as Wall Street tumbles

KUALA LUMPUR: Bursa Malaysia is joining global equities in the red following a downturn in sentiment sparked by the US Federal Reserves hawkish tone in its recently concluded policy meeting.
9:16 AM 昌明微型强化计划 拨1亿援中小微企
9:16 AM 助企业有效管理团队 SalesHero通过科技释放企业销售潜能
9:04 AM Big Pharma could affect Big Food with obesity drugs, says Big Finance

The increasing affordability and demand for these drugs could change the types of foods people buy.
9:03 AM Trading ideas: 7-Eleven, Eco World Development, Comintel, Visdynamics, KESM, Dayang and Ahmad Zaki Resources

KUALA LUMPUR: Companies that recently made headlines include 7-Eleven, Eco World Development, Comintel, Visdynamics, KESM, Dayang and Ahmad Zaki Resources, said Apex Research.
tag stockSEM 0%, ECOWLD 0%, COMCORP +14.0%, VIS -2.4%, KESM +5.0%, DAYANG +2.6%, AZRB +4.1%,
8:57 AM 上市仅一周后 Arm盘中即跌破IPO发行价
8:53 AM Administration for Digital Industries, Ministry of Digital Affairs, accompanied Taiwanese digital technology companies to Malaysia to host Taiwan Digital Day

The Administration for Digital Industries, Ministry of Digital Affairs (the adi, moda), in an effort to assist Taiwanese digital service solution providers in expanding into new markets, led a delegation of 8 Taiwanese digital technology companies along with the Institute for Information Industry (III) to Malaysia from September 18th to 21st. During this period, they organized the Taiwan Digital Day event in conjunction with Malaysia's Smart Nation Expo. This initiative aimed to promote Taiwan's digital brands, gather information on Malaysia's digitalization efforts, and identify potential business opportunities.
8:53 AM US dollar index rises, forms 'Golden Cross'; Starbucks raises quarterly dividend; US government shutdown looms
8:20 AM American Airlines is latest to find suspect parts on aircraft

(Sept 22): American Airlines Group Inc. joined a growing number of carriers around the globe that have discovered improperly certified replacement parts sold by a London-based company on their aircraft. American disclosed the finding to Bloomberg News late Thursday, hours after US feder...
7:58 AM Oil settles lower as Russia fuel export ban boosts

Oil prices settled lower after choppy trading on Thursday, rising as much as US$1 a barrel after a Russian ban on fuel exports snatched the focus from Western economic headwinds that had pushed prices down US$1 a barrel early in the session.
7:51 AM US stocks close at lowest since June, Treasury yields spike

Wall Street tanked in a broad sell-off on Thursday, as investor risk appetite was dashed by worries that the Federal Reserve's restrictive monetary policy will remain in place for longer than anticipated.
7:17 AM HK property billionaire with a big family dilemma

From CK Asset Holdings Ltd’s Li Ka-shing to Henderson Land Development Co’s Lee Shau-Kee, Hong Kong’s (HK) fabulously wealthy tycoons have for decades dominated the city’s property and retail sectors. Now, these families face a big existential crisis. Their founders are either really old or have passed away.
7:17 AM Truck producer taps Chinese defence firm to build EV factory

PT Nusatama Berkah, a publicly listed heavy equipment producer under ticker NTBK, has signed a memorandum of understanding (MoU) with Chinese state-owned defence company Norinco International to jointly manufacture electric trucks in Indonesia.
7:17 AM China shipbuilding production surges, helps propel economy

China’s shipbuilding industry recorded sound development in the first eight months, with robust growth in output, new orders and holding orders.
7:17 AM Boeing: Domestic aviation to leapfrog on travel boom

China’s domestic aviation market will surpass those in North America and Europe to become the world’s largest by 2042, driven by strong demand for commercial air travel and an expected doubling of the country’s fleet size, US aircraft manufacturer Boeing Co has said.
7:17 AM Kia unveils its cheapest EV in S. Korea

Kia Corp’s latest electric vehicle (EV) is the tiny Ray, with seating for just one person in its smallest configuration, and it has a price in South Korea to match. Starting at about US$20,000, the Ray is Kia’s least expensive battery-powered light passenger vehicle.
7:17 AM Challenges ahead for Supermax despite restart of sales in the US

The resumption of sales to the US market is a positive development for Supermax Corp Bhd. However, the impact will likely be minimal due to the still challenging operating environment for the glove maker.
tag stockSUPERMX -0.6%,
7:17 AM Fed leaves rates unchanged

The Federal Reserve (Fed) left its benchmark interest rate unchanged while signalling borrowing costs will likely stay higher for longer after one more hike this year.
7:17 AM Revamp a boon for private hospitals

Private healthcare providers are expected to be the clear winners of the potential introduction of a national healthcare insurance scheme and the beneficiaries of an overhaul of the local healthcare system, says Kenanga Research.
tag stockTUNEPRO +1.2%, KPJ -0.8%, IHH -0.2%,
7:17 AM Genting’s tempo moving up to pre-pandemic levels

Genting Malaysia Bhd’s (GenM) operating capacity has largely returned to pre-pandemic levels as domestic and foreign tourist arrivals are on the path to full recovery, says CGS-CIMB Research.
tag stockGENM 0%,
7:02 AM Database project on track for completion

The government’s central database hub (Padu), which integrates socio-economic information from every household in Malaysia, is now 60% complete and is set for operations in January 2024.
7:02 AM Income earning ability poised to get a lift

The growth acceleration of technology startups and the increased conduciveness for tech companies in the country will go a long way in raising the income earning ability of Malaysians, says Economy Minister Rafizi Ramli.
7:02 AM A need to address issues to unleash growth

Three years since the Covid-19 pandemic, Vietnam has made significant progress on economic recovery, building a strong foundation and momentum for future growth and development.
7:02 AM Jakarta starts work on silica sector roadmap

Indonesia has begun work on a roadmap to develop the silica industry as a starting point for building a microchip industry in the country, but some Asean peers are much farther ahead in the race for semiconductor investment.
7:02 AM VHB sees weak market sentiment

Visdynamics Holdings Bhd expects the world economy and semiconductor industry to remain flat, with business sentiments remaining weak throughout the year.
tag stockVIS -2.4%,
7:02 AM 7-Eleven unit selling 75% stake in Caring Pharmacy

7-Eleven Malaysia Holdings Bhd’s wholly-owned subsidiary Convenience Shopping (Sabah) Sdn Bhd will sell a 75% stake in Caring Pharmacy Group Bhd for RM675mil.
tag stockSEM 0%,
7:02 AM Tanco, Palm Springs in property JV

Tanco Holdings Bhd, via its unit Palm Springs Development Sdn Bhd, has entered into a joint-venture (JV) agreement with Accession Development Sdn Bhd to develop a 22,905.5-sq-m land in Puchong, Selangor.
tag stockTANCO +0.9%,
7:02 AM Oil companies cautious about drilling as energy transition looms

Government policies to fight climate change are discouraging oil companies from investing heavily in new production even as they turn in record profits – a dynamic that could spell tight supply and high prices as clean energy alternatives seek to fill the void.
7:02 AM Sunak dilutes green agenda

Prime Minister Rishi Sunak softened key parts of the UK government’s green agenda, including a ban on petrol car sales, as he set out what he called a “new approach” to tackling climate change.
7:02 AM UN chief Guterres laments ‘naked greed’ of fossil fuel interests

Countries addressing a climate summit during the UN General Assembly criticised big polluters for not doing more to tackle global warming, and the UN secretary-general Antonio Guterres says time is running short thanks to the “naked greed” of fossil fuel interests.
7:02 AM Disney will ‘quiet the noise’ in culture wars

Walt Disney CEO Bob Iger told investors the company will “quiet the noise” in a culture war that has pitted social conservatives against the global media and entertainment conglomerate, according to an analyst note.
7:02 AM Why US hotels are missing more than 238,000 employees

The US hotel industry is booming, but due to labour shortages, it is operating with leaner staff and fewer services.
7:02 AM FedEx shares pop on hefty profit beat, UPS customer wins

FedEx raised the lower end of its full-year profit forecast after a cost-cutting quarter when it poached customers from rivals UPS and Yellow.
7:02 AM Bond traders see yields marching higher

Bond traders are bracing for Treasury yields to keep pushing higher after the Federal Reserve (Fed) signalled it’s likely to hold interest rates at lofty levels well into next year.
7:02 AM Comintel bullish about FY24 performance

Comintel Corp Bhd is upbeat about delivering a strong performance for the financial year 2024 (FY24), based on its order book.
tag stockCOMCORP +14.0%,
7:02 AM Sberbank tries to seize Glencore assets over oil debt

Russia’s largest bank is attempting to seize some of Glencore Plc’s Russian assets as compensation for what it says is an unpaid oil trading debt.
7:02 AM New Silkroutes ex-CEO, three others charged

The former chief executive of Singapore-listed New Silkroutes Group, Goh Jin Hian, and three other men were slapped with a total of 132 charges related to false trading offences in the State Courts on Wednesday.
7:02 AM Scientex property arm continues to look robust

The brighter outlook in Scientex Bhd’s property segment is expected to sustain its earnings momentum in the near term.
tag stockSCIENTX +2.2%,
7:02 AM ‘Soft-landing not baseline, but it’s in the forecast’

Federal Reserve (Fed) chairman Jerome Powell declined to say he expects a “soft landing” for the United States economy, but that sure was the picture painted by policymakers in their newest economic forecasts.
7:02 AM TCM-flavoured coffee brew a hit among the young

Lu Jiming, a coffee shop owner in Nanning, capital of Guangxi Zhuang autonomous region, is quietly brewing a “business” combining traditional Chinese medicine (TCM) and coffee, driven by the younger generation’s new consumption frenzy that is heavily tilted toward healthy lifestyles.
7:00 AM 俄罗斯临时限制出口汽油和柴油
7:00 AM TPG Asia’s Sarvananthan to lead Mid-East expansion

Global alternative asset management firm TPG has announced that TPG Asia managing partner Ganen Sarvananthan has been appointed to lead the firm’s activity and continued expansion in the Middle East.
7:00 AM A dip likely after record-high car sales

While 2023 will likely be a record year in terms of total industry volume (TIV), the outlook for the year ahead remains uncertain for the automotive sector.
7:00 AM KAB reaffirms sustainability pledge

Kinergy Advancement Bhd will remain committed to sustainability as reflected in its strategic collaboration with Mah Sing Group Bhd and Alliance Bank Malaysia Bhd to foster the adoption of environmental, social and governance (ESG) best practices.
tag stockKAB 0%,
7:00 AM Inflationary pressure likely to affect medium-term outlook for REITs

Analysts have expressed concern that a slowdown in consumer spending may impact the medium-term outlook for local Real Estate Investment Trusts (REITs).
tag stockKLCC +0.4%, PAVREIT -0.8%, SUNREIT -0.7%, IGBREIT +0.6%, AXREIT -1.1%,
7:00 AM MARii inks MoU with Indonesia’s IOI to advance automotive industry

The Malaysia Automotive Robotics and IoT Institute (MARii) and Indonesia Automotive Institute (IOI) inked a memorandum of understanding (MoU) on collaborating to advance the automotive industry of both countries.
7:00 AM Sime Darby Property, TNB in sustainability tie-up

Sime Darby Property Bhd (SimeProp) has entered into a strategic partnership with Tenaga Nasional Bhd (TNB) for the exploration and development of sustainable energy initiatives.
tag stockSIMEPROP +0.7%, TENAGA +1.0%,
7:00 AM Dayang gets job extension from Sapura OMV

Dayang Enterprise Holdings Bhd’s wholly-owned subsidiary Dayang Enterprise Sdn Bhd has received a contract amendment and extension for the provision of Pan Malaysia maintenance, construction and modification contractor for 2018 to 2023 – Package C (East Malaysia).
tag stockDAYANG +2.6%,
7:00 AM UMW Group auto trading up 18% in August

UMW group automotive sales increased by 18% in August 2023 with 41,386 units delivered as both UMW Toyota Motor (UMWT) and UMW’s associate Perusahaan Otomobil Kedua Sdn Bhd (Perodua) made good their outstanding orders.
tag stockUMW +0.4%,
7:00 AM EcoWorld Malaysia hits 87.4% of sales target

Eco World Development Group Bhd (EcoWorld Malaysia) is on track to achieve its financial year 2023 (FY23) full-year sales target of RM3.5bil with RM3.06bil sales recorded in 10 months, representing 87.4% of the target.
tag stockECOWLD 0%,
7:00 AM Public Bank to extend RM1bil SME via SJPP

Public Bank Bhd will be extending RM1bil in financing to small and medium enterprises (SMEs) through a strategic collaboration with the Finance Ministry’s credit guarantee agency Syarikat Jaminan Pembiayaan Perniagaan Bhd or SJPP.
tag stockPBBANK -0.2%,
7:00 AM AmBank continues to invest in SMEs

AMMB Holdings Bhd (AmBank) will continue to invest in small and medium enterprises (SMEs) to empower the sector’s journey towards growth and success, says group chief executive officer Datuk Sulaiman Mohd Tahir.
tag stockAMBANK 0%,
7:00 AM reNIKOLA signs subscription deal for climate sukuk

Renewable energy company, reNIKOLA Holdings Sdn Bhd will be issuing its second Asean Green SRI Sukuk (reNIKOLA II Green Sukuk), which will also be the world’s first climate sukuk certified by the Climate Bonds Initiative (CBI).
6:53 AM Canada’s US$427 billion pension roiled as Alberta mulls split

(Sept 22): The Canadian province of Alberta took a step toward pulling out of the national pension plan with the release of a report that says its residents are entitled to more than half of the fund’s assets. Conservatives who govern the oil-rich western province have long floated the ...
6:42 AM 忧高利率和政府关门 美股重挫370点
6:41 AM China eases capital controls for foreigners in Shanghai, Beijing

(Sept 22): China is taking steps to loosen strict capital-control measures in its two most important cities amid efforts to win back foreign companies as overseas investment slumps and the economy slows. In Shanghai’s pilot free-trade zone and Lingang area, foreign investors are now all...
6:38 AM JPMorgan is adding India to its emerging-markets bond index

(Sept 22): JPMorgan Chase & Co. will add Indian government bonds to its benchmark emerging-market index, a keenly awaited event that could drive billions of foreign inflows to the nation’s debt market. The index provider will add the securities to the JPMorgan Government Bond Index-...
6:35 AM Morgan Stanley’s trading desk sees ‘fragility rising’ in stocks

(Sept 22): With the biggest US stock drop since March, two forces behind this year’s market resilience are on the cusp of unraveling. Morgan Stanley’s sales and trading desk warns trend-following traders are closer to unwinding their outsize market positions, while options dealers look ...
6:33 AM Stocks fall, yields rise as central banks rattle markets

NEW YORK/LONDON (Sept 22): World stocks fell for a fifth straight session and the dollar hit its strongest since March on Thursday as Treasury yields rose to levels last seen during the 2008 global financial crisis after the Federal Reserve warned rates will stay higher for longer. The ...
6:30 AM Sam Bankman-Fried to stay in jail, appeals court rules

NEW YORK (Sept 22): A U.S. appeals court on Thursday upheld a judge's decision to jail former cryptocurrency billionaire Sam Bankman-Fried ahead of his Oct. 3 trial on fraud charges stemming from the November 2022 collapse of his now-bankrupt FTX exchange. In a written decision, a three...
6:28 AM Who is Lachlan Murdoch? What will happen to Fox and News Corp?

(Sept 22): Lachlan Murdoch, eldest son of media titan Rupert Murdoch, was named sole chairman of News Corp and will continue as chair and chief executive of Fox Corp, the companies said on Thursday, settling for now the issue of succession in one of the world’s most powerful media empires. ...
6:26 AM US STOCKS-US stocks close at lowest since June, Treasury yields spike on hawkish Fed

NEW YORK (Sept 22): Wall Street tanked in a broad sell-off on Thursday, as investor risk appetite was dashed by worries that the Federal Reserve's restrictive monetary policy will remain in place for longer than anticipated. All three major U.S. stock indexes tumbled more than 1% and be...
12:52 AM Shutdown looms as US House Republicans again block own spending bill

US House Speaker Kevin McCarthy's attempt to restart his stalled spending agenda failed on Thursday when Republicans for a third time blocked a procedural vote on defense spending, raising the risk of a government shutdown in just 10 days.
12:48 AM Nasdaq slides over 1% as growth stocks fall after hawkish Fed drives up yields

Nasdaq led declines in key Wall Street indexes on Thursday as a jump in Treasury yields knocked down growth stocks after the Federal Reserve signaled that another rate hike was in the offing this year.
12:42 AM PM woos global investors, assures necessary reforms being taken to provide better business environment

Prime Minister Datuk Seri Anwar Ibrahim on Friday assured global investors looking to venture into Malaysia that the country is taking necessary reforms and providing a better business environment for them.
12:16 AM 难应付20年退休生活 45%M40储蓄不到10万
12:16 AM 下跌股:森那美种植 RM4.24支撑
tag stockSIMEPLT 0%,
12:16 AM 下月19雪州国际商务峰会 料迎15亿潜在销售
12:16 AM 上升股:益马机构 阻力RM5.86
tag stockIMASPRO 0%,
12:16 AM 西华古马:政府不干预 15国外劳雇主任选
12:16 AM 热门股:Cypark资源 上挑RM1.14
tag stockCYPARK +4.8%,
12:16 AM 聘残疾人获双倍减税 雇联促简化批核程序
12:16 AM Solarvest挑战RM1.42/敏源
tag stockSLVEST +0.8%,
12:16 AM 倪可敏:外资跨国公司入驻 TRX就业人口将达4.5万
12:16 AM 联合传统草药治疗组织 德信赛城建综合医疗中心
tag stockDXN 0%,
12:16 AM 刘镇东:各部门无共识 “谷仓效应”阻数字转型
12:12 AM 7-Eleven, Maxis, Toyo Ventures, Bina Puri, KNM, Eco World, Comintel, Visdynamics, KESM Industries, AZRB, Dayang and Kronologi Asia

Here is a brief recap of some corporate announcements that made news on Thursday: 7-Eleven Malaysia Holdings Bhd, Maxis Bhd, Toyo Ventures Holdings Bhd, Bina Puri Holdings Bhd, KNM Group Bhd, Eco World Development Group Bhd, Comintel Corp Bhd, Visdynamics Holdings Bhd, KESM Industries Bhd, Ahmad Zaki Resources Bhd, Dayang Enterprise Holdings Bhd and Kronologi Asia Bhd.
tag stockSEM 0%, MAXIS 0%, TOYOVEN -2.1%, BPURI 0%, KNM +4.2%, ECOWLD 0%, COMCORP +14.0%, VIS -2.4%, KESM +5.0%, AZRB +4.1%, DAYANG +2.6%, KRONO +1.2%,
12:03 AM Russia temporarily bans diesel exports; European prices jump

Russia temporarily banned exports of diesel in a bid to stabilize domestic supplies, driving European prices higher in already tight global fuel markets.
Thu, 21 Sep 2023
11:46 PM 创12年最大跌幅 日本对华食品出口暴跌41%
11:36 PM 22日起发700吨本地白米
11:33 PM Selangor International Business Summit 2023 will strengthen Selangor as 'gateway to ASEAN', says Selangor exco

The 7th Selangor International Business Summit 2023 (SIBS 2023) will continue to strengthen Selangor’s position as “gateway to ASEAN” and a preferred investment destination in Asia, said the new Selangor State Exco for Investment, Trade and Mobility Ng Sze Han.
11:30 PM 农民局:气候病害影响 本地白米“轻微”缺货
11:28 PM 数据库系统完成60% 针对性补贴11月试跑
11:16 PM Ex-Morgan Stanley prime broker plans US$3 billion hedge fund

Kurt Baker, a Millennium Management alumnus and former head of Morgan Stanley’s Asia prime brokerage, is seeking nearly US$3 billion in capital commitments for a multi-manager hedge fund firm to rival the likes of Citadel in the region, according to a person with knowledge of the matter.
10:55 PM Australia confirms budget surplus in 2023, first in 15 years

Australia has recorded its first budget surplus since the eve of the 2008 global financial crisis as an ultra-tight labour market and elevated commodity prices swelled the nation’s fiscal coffers. The underlying cash surplus was A$22.1 billion (US$14.2 billion) in the 12 months through June 30 this year, or 0.9% of gross domestic product, easily exceeding the A$4.2 billion windfall predicted in the May 9 budget.
10:45 PM 去年产品出口额增66% 法迪拉:竹行业需全面转型
10:38 PM EVENING 5: Five things you need to know today
10:37 PM Labuan FSA, Labuan IBFC host conference on Insurance Capital Adequacy Framework

Labuan Financial Services Authority (Labuan FSA) and Labuan IBFC Incorporated Sdn Bhd on Thursday hosted a half-day conference on the Insurance Capital Adequacy Framework (ICAF) in Kuala Lumpur.
10:29 PM 梅铎宣布卸任福斯主席
10:02 PM 拉菲兹再自我辩护 “外食成瘾论有依据”
9:54 PM Tanco in JV for RM500 mil GDV residential project in Puchong Perdana

Tanco Holdings Bhd has entered into a joint venture (JV) agreement with Accession Development Sdn Bhd to develop a residential project in Pekan Puchong Perdana, Petaling, Selangor.
tag stockTANCO +0.9%,
9:50 PM 金群利创办人李典和率团 访安徽科学家企业家协会
tag stockMATRIX -0.7%,
9:50 PM 森州行政议员张聒翔率团 访安徽科学家企业家协会
9:50 PM Faraday Future Receives NASDAQ Compliance Notice, Shares Drop 5.6%
9:42 PM Institutions Raise Forecasts for China's Economic Growth and Stock Returns
9:39 PM Europe's Chip Act Takes Effect, Boosting Semiconductor Industry
9:28 PM Rupert Murdoch steps down as chairman of Fox, News Corp

Rupert Murdoch has stepped down as the chairman of Fox Corp and News Corp, ending a more than seven-decade career during which he created a media empire spanning from Australia to the US.
9:25 PM Russia temporarily bans fuel exports to most countries in response to shortages

Russia has temporarily banned exports of gasoline and diesel to all countries outside a circle of four ex-Soviet states with immediate effect in order to stabilise the domestic market, the government said on Thursday.
9:16 PM BMI:政局暗流涌动 大马短期政治风险偏高
9:14 PM US weekly jobless claims unexpectedly fall

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, but could rebound in the weeks ahead as a partial strike by the United Auto Workers (UAW) union forces automobile manufacturers to temporarily lay off workers because of shortages of some materials.
9:08 PM 泰国股市末季料大翻身/奕帆丰顺
9:06 PM 2024预算案需什么改革措施?/李兴裕
9:04 PM 利率不变,汇率大变/胡逸山博士
8:55 PM 7-Eleven to sell Caring stake at higher price tag of RM675 mil to BIG Pharmacy

7-Eleven Malaysia Holdings Bhd will dispose of its 75% stake in Caring Pharmacy Group Bhd to BIG Pharmacy Holdings Bhd at a higher price tag of RM675 million, from RM637.5 million announced previously.
tag stockSEM 0%,
8:54 PM US Jobless Claims Unexpectedly Decline, but Future Rebound Possible
8:51 PM 【视频】陈爱萍夫妇磨剑10年 BSL Eco Energy创造绿色明天
8:46 PM High Court allows Maxis unit to start judicial review on RM104 mil IRB tax assessment

Maxis Bhd’s wholly-owned subsidiary, Maxis Broadband Sdn Bhd (MBSB) has been granted leave for judicial review by the High Court on Thursday in respect of a RM104 million penalty for its 2022 tax assessment, its Bursa Malaysia filing showed.
tag stockMAXIS 0%,
8:42 PM Toyo Ventures makes bid for summary disposal of RM49 mil suit

Toyo Ventures Holdings Bhd is looking to have a US$10.36 million (RM48.62 million) lawsuit it faces from KS Lee Energy Llp, in relation to a terminated agreement linked to a coal-fired power plant project in Vietnam, to be disposed of prior to going to full trial.
tag stockTOYOVEN -2.1%,
8:42 PM Rate cut starts 4Q24, says GS; Google to discard Broadcom in chip dev; ENVX to operate in Malaysia after acquiring Korean battery maker;
8:37 PM 大臣盼明年财政预算案拨款 雪需中央出资复兴老城
8:21 PM KWAP to invest RM500mil into newly launched Dana Perintis Fund

KUALA LUMPUR: Kumpulan Wang Persaraan (Diperbadankan) (KWAP) will invest up to RM500 million over the next 18 to 24 months into the newly launched fund called Dana Perintis, which is aimed at injecting vitality into Malaysia’s venture and startup ecosystem. 
8:19 PM DXN to explore setting up integrative medicine facility

KUALA LUMPUR: DXN Holdings Bhd has entered into a memorandum of understanding (MoA) with the Malaysia Holistic and Herbal Organisation (MHHO) to explore a collaboration with an aim to establish an integrative medicine facility.
tag stockDXN 0%,
8:15 PM 德信与MHHO合作 发展传统草药医疗设施
tag stockDXN 0%,
8:09 PM Tanco enters JV for residential development in Puchong Perdana

KUALA LUMPUR: Tanco Holdings Bhd's indirect subsidiary Palm Springs Development Sdn Bhd has entered into a joint venture with Accession Development Sdn Bhd for the development of residential project on a 22,905.5 sqm tract of leasehold land in Puchong Perdana, Petaling, in Selangor.
tag stockTANCO +0.9%,
8:01 PM Associations laud move to require strata residence managers to be registered with BOVAEP

Three associations representing property managers and consultants, estate agents, and valuers have come out to support the government’s move to refine the Strata Management Act 2013 as part of its 12th Malaysia Plan Mid-Term Review revealed this month. In particular, the proposed amendment on the Act includes a requirement for strata residences to be managed by a probationary property manager registered under the Board of Valuers, Appraisers and Estate Agents and Property Managers (BOVAEP).
8:01 PM 置地通用末季推10.9亿新房产项目

tag stockL&G +3.8%,
8:00 PM 【南视界】身家100万可退休?
7:57 PM BOE keeps rates unchanged for first time in almost two years

The Bank of England halted the most aggressive cycle of interest-rate rises in more than three decades amid falling inflation and mounting fears of recession.
7:49 PM KNM granted reprieve from creditors pending finality of RO extension application

The High Court here has granted cash-strapped KNM Group Bhd an extension on its temporary restraining order (RO) pending the conclusion of the group’s application for a formal extension.
tag stockKNM +4.2%,
7:48 PM Bank of England halts run of interest rate hikes as economy slows

LONDON: The Bank of England halted its long run of interest rate increases on Thursday as the British economy slowed, but said it was not taking a recent fall in inflation for granted.
7:44 PM 大马7-11控股与大西药行正式签约 6.75亿脱售康宁药剂

(吉隆坡21日讯)大马7-11控股(SEM,5250,主板消费股)今日与大西药行(BIG Pharmacy)正式签署协议...
tag stockSEM 0%,
7:42 PM reNIKOLA unit enters subscription agreement for world's first climate sukuk

KUALA LUMPUR: reNIKOLA Holdings Sdn Bhd's wholly-owned subsidiary reNIKOLA Solar II Sdn Bhd will issue its second Asean Green SRI Sukuk after entering into a subscription agreement with Hong Leong Investment Bank Bhd (HLIB) and MIDF Amanah Investment Bank Bhd (MAIB).
7:41 PM 英国央行暂踩刹车 维持利率5.25%不变
7:33 PM 7-Eleven unit sells 75% stake in Caring Pharmacy to Big Pharmacy for RM675mil

KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd's (SEM) wholly-owned subsidiary Convenience Shopping (Sabah) Sdn Bhd (CSSSB) will sell a 75 per cent stake in Caring Pharmacy Group Bhd (Caring) for RM675 million.
tag stockSEM 0%,
7:23 PM Bina Puri’s substantial shareholder offloads entire stake

Bina Puri Holdings Bhd’s fourth largest shareholder, Maju Offshore Sdn Bhd, has offloaded its entire stake in the loss-making construction group. In a bourse filing on Thursday, Bina Puri said Maju Offshore disposed of its entire 5.04% stake or 169.66 million shares on Wednesday, and is therefore no longer a substantial shareholder of the construction group.
tag stockBPURI 0%,
7:21 PM 分析员:火两年后 车市明年盛况难在
tag stockBAUTO -0.4%, MBMR 0%, SIME +1.4%, TCHONG +1.9%, UMW +0.4%,
7:13 PM 明讯子公司追税案 高庭批准司法审核
tag stockMAXIS 0%,
7:13 PM 日本5年来最大IPO 国际电机10月登场

(东京21日讯)日本晶片设备业者国际电机(Kokusai Electric)于21日宣布,计划10月25日在东京证交所(...
7:12 PM Palm oil hits three-month low on weaker soyoil, demand worry

Palm oil fell to its lowest level in almost three months on concerns about poor demand and rising production, with losses in soybean oil putting further pressure on the tropical oil.
7:11 PM KWAP records RM3.8 bil gross investment income in Jan-July 2023, CIO says

Kumpulan Wang Persaraan (Diperbadankan) (KWAP) recorded total unaudited gross investment income of RM3.8 billion in the seven-month period ended July 2023, said KWAP chief investment officer Hazman Hilmi Sallahuddin. Gross fund size of the civil servant retirement fund stood at RM184.5 billion at end-July, Hazman said during the launching of a new fund called Dana Perintis on Thursday.
7:07 PM Eco World Development’s 3Q net profit rises 43%, declares two sen dividend

Eco World Development Group Bhd’s net profit for the third quarter ended July 31, 2023 (3QFY2023) climbed 43% to RM66.34 million or 2.25 sen per share, from RM46.39 million or 1.58 sen per share a year ago, driven by improved site progress activities and product pricing as well as cost savings upon the finalisation of certain completed projects in phases.
tag stockECOWLD 0%,
7:03 PM 纽西兰次季经济增长超预期
7:01 PM 木头姐:明年料降息 主题投资将回归
6:59 PM Comintel's 2Q earnings jump on better performance from construction segment

Comintel Corp Bhd saw a more than five-fold rise in net profit to RM8.42 million for its second quarter ended July 31, 2023 (2QFY2024), from RM1.57 million a year earlier, on the back of a better performance from its construction segment.
tag stockCOMCORP +14.0%,
6:59 PM 政府明年首季推KL20大蓝图 打造初创公司生态系统

6:56 PM 泰新首相:追赶他国脚步 冀特斯拉来泰投资
6:55 PM IMD世界人才报告 大马第33胜中日英
6:51 PM 苹果自研5G芯片没成 美媒爆切不开高通的内幕
6:50 PM Ringgit ends easier vs US$ after Fed's hawkish tone

KUALA LUMPUR: The ringgit ended easier against the US dollar today as the greenback advanced on hawkish statements by the US Federal Reserve (Fed) on interest rates.
6:48 PM Visdynamics 3Q profit rises 18% on lower expenses

Visdynamics Holdings Bhd posted a net profit of RM1.59 million for the third quarter ended July 31, 2023 (3QFY2023), an 18.18% increase from RM1.34 million in the previous year’s corresponding quarter, thanks to lower expenses.
tag stockVIS -2.4%,
6:44 PM Ringgit ends easier against US dollar after Fed's hawkish tone

The ringgit ended easier against the US dollar on Thursday as the greenback advanced on hawkish statements by the US Federal Reserve (Fed) on interest rates.
6:40 PM Morgan Stanley ups Brent forecasts on Saudi-Russia cuts, says US$100 per barrel 'stretched'

Morgan Stanley has raised its Brent oil price forecasts, saying the market could remain under-supplied for several quarters especially after Saudi-Russian output cuts, but said prices above US$100 a barrel would seem "stretched."
6:40 PM Putrajaya to unveil development blueprint for VC, startup ecosystem in 1Q2024, says Rafizi

The government is aiming to ascend Kuala Lumpur to be among the 20 cities globally that offer the best ecosystem to incubate startup businesses, up from the current 42th place, and a blueprint to achieve the aspiration will be announced in the first quarter of next year, said Minister of Economy Mohd Rafizi Ramli.
6:40 PM Minconsult CEO elected to Fellowship of British Royal Academy of Engineering

Minconsult Sdn Bhd chief executive officer (CEO) Datuk Dennis Ganendra has been elected to the Fellowship of the British Royal Academy of Engineering (RAE), according to the group’s statement on Wednesday.
6:38 PM KESM posts first annual loss in FY2023

KESM Industries Bhd registered an annual net loss of RM3.13 million for the financial year ended July 31, 2023 (FY2023) compared to a net profit of RM1.67 million in the previous year, dragged by rising costs and a downturn in the semiconductor industry this year.
tag stockKESM +5.0%,
6:38 PM 达扬获沙布拉OMV延长合约
tag stockDAYANG +2.6%,
6:33 PM 批发价卖进口米给餐馆 农长:本地米先给民众
6:29 PM 森那美产业国能签备忘录 合作发展太阳能项目
tag stockSIMEPROP +0.7%, TENAGA +1.0%,
6:25 PM 咨询旅游零售金饰业 沈志强:奢侈税规划中
6:24 PM Bursa Malaysia ends lower in sync with regional markets

KUALA LUMPUR: Bursa Malaysia closed lower for the fourth consecutive day today due to cautious sentiments within the regional economy, said an analyst. 
6:23 PM AmBank continues to invest in SMEs towards growth, success

KUALA LUMPUR: AMMB Holdings Bhd (AmBank) will continue to invest in small and medium enterprises (SMEs) to empower the sector’s journey towards growth and success, said group chief executive officer Datuk Sulaiman Mohd Tahir.
tag stockAMBANK 0%,
6:21 PM AZRB plans 10% private placement to raise RM12.7m for working capital

Ahmad Zaki Resources Bhd (AZRB) plans to undertake a private placement of 10% of its share base to raise RM12.7 million to fund the engineering and construction group’s working capital requirements.
tag stockAZRB +4.1%,
6:17 PM Fed leaves shoe dangling in policy parade

Central banks line up across the world on Thursday to deliver updated policy settings but global markets sulked at the US Federal Reserve's (Fed) refusal to sound an all-clear on rate hikes as it left one last move this year on the table on Wednesday.
6:15 PM 第三季净利涨四成 绿盛世派息2仙
tag stockEWINT +1.4%,
6:13 PM 第3季净利激增42% 绿盛世未入账销售42亿

tag stockECOWLD 0%,
6:13 PM 台湾利率连2冻 央行下修今年经济成长至1.46%

6:09 PM KWAP承诺2年投5亿 促进风投与初创生态
6:09 PM Swiss National Bank surprises with rate pause as tightening tames inflation

The Swiss National Bank (SNB) defied expectations of another interest-rate hike, pausing its monetary tightening in a bid to avoid adding constriction onto a stalled economy. Policymakers led by president Thomas Jordan left the key rate at 1.75%, an outcome anticipated by only a small minority of economists surveyed by Bloomberg.
6:08 PM EcoWorld Malaysia on track to meeting FY23 target with sales of RM3.06bil

KUALA LUMPUR: Eco World Development Group Bhd (EcoWorld Malaysia) achieved sales of RM3.06bil in the first 10 months of its financial year, which put it on track to meeting its FY23 sales target of RM3.5bil.
tag stockECOWLD 0%,
6:08 PM 走出PN17阴霾 科米特机构次季大赚842万
tag stockCOMCORP +14.0%,
6:06 PM Economic growth remains a big challenge for Germany — finance minister

Economic growth remains a big challenge for Germany, German Finance Minister Christian Lindner said on Thursday. "Growth remains a major challenge," he said. "We have to strengthen growth in Germany, not through government demand programmes that could fuel inflation, but more on the supply side," Lindner said at an event organised by Handelsblatt.
6:05 PM 【财经最热NOW】9月21日|传Grab拟出手! Foodpanda或走入历史
6:01 PM SapuraOMV extends Dayang's maintenance contract to end-2024

Dayang Enterprise Holdings Bhd’s Pan Malaysia contract from SapuraOMV Upstream (Sarawak) Inc to provide maintenance, construction and modification services for 2018 to 2023 — Package C (East Malaysia) — has been extended until Dec 31, 2024.
tag stockDAYANG +2.6%,
5:57 PM 大众银行与财政部合作 提供中小企10亿融资
tag stockPBBANK -0.2%,
5:57 PM 亚洲股市哀鸿遍野 马股陪跌失守1450关口

5:55 PM 扎希:续展白米保障行动 供应不恢复将动用国家储粮
5:51 PM 【行家论股】速柏玛 美国解禁改善销售
tag stockSUPERMX -0.6%,
5:51 PM 【行家论股】森德 产业部门推高财测
tag stockSCIENTX +2.2%,
5:50 PM 【行家论股】Capital A公司 明年才能脱离PN17
tag stockCAPITALA -1.0%,
5:48 PM Abang Johari: Sarawak investing over RM10b to develop Bintulu as sour gas hub

Sarawak Premier Tan Sri Abang Johari Tun Openg said on Thursday the state is investing more than RM10 billion to make Bintulu a sour gas hub with the development of the Sarawak Integrated Sour Gas Evacuation System (SISGES) in Tanjung Kidurong.
5:47 PM Public Bank extends RM1 bil financing to SMEs with SJPP

Public Bank Bhd is extending RM1 billion in financing to small and medium enterprises (SMEs) via a strategic collaboration with Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP).
tag stockPBBANK -0.2%,
5:40 PM 菲律宾央行维持利率6.25%不变

5:40 PM 达洋企业获延长PM-MCM配套C合约

tag stockDAYANG +2.6%,
5:39 PM 建筑业务带动 国际通讯次季净利翻4.3倍

tag stockCOMCORP +14.0%,
5:37 PM Rafizi: Central database system to be ready for roll-out in January

The government’s central database system (PADU) has now reached 60% in its development, and will be up and running to be used in January, said Economy Minister Mohd Rafizi Ramli.
5:30 PM 跌破1450关键水平 综指闭市跌3.35点
5:28 PM Taiwan cuts GDP outlook on weak global demand, keeps rates unchanged

Taiwan's central bank cut its 2023 economic growth forecast for the export-reliant economy due to sluggish global demand though predicted better growth next year, while it kept rates on hold on Thursday as inflationary pressures cool.
5:21 PM Bursa ends lower in sync with regional markets

Bursa Malaysia closed lower for the fourth consecutive day on Thursday, due to cautious sentiments within the regional economies, said an analyst.
5:20 PM UMW Group’s automotive sales up 18% to 41,386 in August 2023

UMW Group's automotive sales increased by 18% in August 2023 with 41,386 units delivered as both UMW Toyota Motor (UMWT) and UMW’s associate Perodua make good their outstanding orders.
tag stockUMW +0.4%,
5:19 PM Google discussed dropping Broadcom as AI chips supplier

ALPHABET-owned Google has discussed dropping Broadcom as a supplier of artificial intelligence (AI) chips as early as 2027, The Information reported on Thursday, sending Broadcom shares down 5% in premarket trading.
5:17 PM Dayang secures contract extension from Sapura OMV

KUALA LUMPUR: Dayang Enterprise Holdings Bhd's wholly-owned subsidiary Dayang Enterprise Sdn Bhd has received a contract amendment and extension for the provision of Pan Malaysia maintenance, construction and modification contractor for 2018 to 2023 - Package C (East Malaysia).
tag stockDAYANG +2.6%,
5:10 PM 营业额年增26% KRONO亚洲次季赚304万
tag stockKRONO +1.2%,
5:06 PM UMW Group auto sales up 18% to 41,386 in August 2023

KUALA LUMPUR: UMW group automotive sales increased by 18 per cent in August 2023 with 41,386 units delivered as both UMW Toyota Motor (UMWT) and UMW’s associate Perodua make good their outstanding orders. 
tag stockUMW +0.4%,
5:05 PM Public Bank, SJPP collaborate to extend RM1bil in financing to SMEs

KUALA LUMPUR: Public Bank Bhd will be extending RM1 billion in financing to small and medium enterprises (SMEs) through a strategic collaboration with the Ministry of Finance’s (MoF) credit guarantee agency, Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP).
tag stockPBBANK -0.2%,
5:03 PM 分析员:不太可能被开刀 预算案料放博彩业一马
tag stockGENM 0%, GENTING 0%, SPTOTO -0.6%,
5:00 PM 1MDB-Tanore trial: Witness details £8.7 mil money trail to Najib’s account

Over £8.7 million (RM45,825,918.13) originating from 1Malaysia Development Bhd (1MDB) was transferred to former prime minister Datuk Seri Najib Abdul Razak’s private AmBank accounts in 2014 by an associate of fugitive financier Low Taek Jho (Jho Low).
5:00 PM Tech: What’s next for Nvidia and the ongoing AI boom

FOR the second time in three months, US graphics chip giant Nvidia Corp reported a blowout quarterly earnings on Aug 23. The company is benefiting from an insatiable demand for artificial intelligence (AI) chips. The demand is coming not just from firms that are trying to take advantage...
4:56 PM Philippine peso, Indonesian rupiah steady after central banks hold rates

The Philippine peso and Indonesia's rupiah were largely unchanged on Thursday after the two central banks kept interest rates steady, while other Asian currencies weakened following the US Federal Reserve's hawkish monetary policy stance.
4:49 PM TRX Residences’ Towers A and B topped out with 90% non-Bumi units sold

TRX Residences has achieved a 90% take-up rate for its non-Bumi units in Towers A and B, said TRX Residences director Eric Chan during the topping out ceremony on Thursday at the Tun Razak Exchange in Kuala Lumpur. Towers A and B feature a total of 896 units, of which 627 are non-Bumi units.
4:48 PM Akamai Technologies' 2nd target price is $113.80 (5.4% increase), Ares Management breaks out with flag formation
4:47 PM 印尼央行维持利率不变

4:45 PM 拉菲兹:11月呈经济理事会 大马将减少AP和进口许可证
4:45 PM “鹰风”阵阵令吉面不改色 兑美元企稳4.687

4:45 PM 大众银行与SJPP合作 提供中小型企业10亿融资

tag stockPBBANK -0.2%,
4:45 PM 传Grab收购Foodpanda东南亚业务

(新加坡21日讯)送餐公司Foodpanda德国母公司Delivery Hero,正在洽谈脱售Foodpanda的新加坡...
4:39 PM 【JPEX案】朱公子狂晒名车炫富 上月曾与林作合照
4:38 PM 售价对标华为Mate 60 Pro 蔚来汽车跨界推出手机
4:29 PM 森那美产业伙拍国能 探讨开发可持续能源措施

tag stockSIMEPROP +0.7%, TENAGA +1.0%,
4:27 PM 全年业绩虽符预期 森德塑料包装业务仍面临挑战

tag stockSCIENTX +2.2%,
4:14 PM HSTECH fell by 1.85%; COSMOPOL INT'L rose by 63.00%; CHINA MOBILE climbed by 0.52%
4:09 PM Govt should improve IP registration process, Dewan Negara told

The government has been asked to improve the efficiency of the intellectual property (IP) registration process to empower the development of innovation in the business and creative industry.
4:05 PM 【南洋百年品牌奖】金莲记百年字号
4:00 PM Court: Zahid’s DNAA sparks firestorm

IN what appears to be his last act as the attorney-general, Tan Sri Idrus Harun instructed his officers to apply for a discharge not amounting to an acquittal (DNAA) of all 47 charges against Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi for dishonest misappropriation of RM31 million belong...
3:49 PM 韩国首8月企业破产申请宗数增54% 超去年全年

3:48 PM 中国客赚钱大法 赴港买金转卖深圳 日赚数千

3:47 PM Philippine central bank keeps rates steady, as expected

The Philippine central bank kept its benchmark interest rate steady at 6.25% for a fourth straight meeting on Thursday to balance the need to support economic growth while trying to curb inflation.
3:43 PM Bank Indonesia stands pat on rates for eighth monthly review

Indonesia's central bank left interest rates unchanged for an eighth straight month on Thursday, amid renewed pressure on the rupiah currency and bond yields.
3:42 PM Kronologi's 2Q profit slips 2% on higher expenses

Kronologi Asia Bhd registered a slight decline in net profit by 1.93% to RM3.04 million for the second quarter ended July 31, 2023 (2QFY2024), from RM3.10 million for the same period last year, despite higher revenue, dragged by higher expenses across the board.
tag stockKRONO +1.2%,
3:42 PM Breakingviews: Disney’s theme parks reveal shrunken treasure

Bob Iger can’t get off the roller coaster. Walt Disney’s chief executive plans to double the Magic Kingdom’s investment in theme parks and other experiences to US$60 billion (RM281.40 billion) over the course of about 10 years. On the one hand, spending money on a stable part of the business makes sense. On the other, Disney’s dwindling cash and the increasing demands for it is cause for concern.
3:38 PM KWAP launches RM500m new fund to focus on VC, startups

Kumpulan Wang Persaraan (Diperbadankan) (KWAP) is setting up a RM500 million new fund, dubbed Dana Perintis, that focuses on investments into venture capital (VC) funds and startups in Malaysia.
3:29 PM Auto strike may spit fuel on US inflation flame

ORLANDO, Florida (Sept 20): With oil prices at their highest this year and eyeing $100 a barrel again, the last thing U.S. consumers, businesses and policymakers need is another inflationary headache. The fledgling auto ...
3:24 PM Greentech, Felda sign MoU to build waste management plant in Johor

KUALA LUMPUR: Greentech Axis Bhd and the Federal Land Development Authority (Felda) have signed a memorandum of understanding (MoU) to develop an integrated waste management plant.
3:23 PM China tests new property model in Xi’s flagship city amid crisis

China is road-testing a new property policy in an experimental city President Xi Jinping is building outside Beijing to try to stabilise a housing market rocked by an ongoing credit crisis.
3:22 PM Hisense up 15% in three trading days, institutions point to "undervaluation, fast growth, and high dividends"
3:19 PM Thailand's weakening baht not all bad for economy — PM

Thailand's central bank is monitoring the weak baht, which is not entirely bad for the economy and could help the key export and tourism sectors, the prime minister said in remarks aired on Thursday, as the baht hit multi-month lows.
3:15 PM Instacart上市次日跌破发售价 分析师质疑成长前景

3:11 PM 英国推迟燃油车禁令5年 汽车业跳脚仅丰田表示欢迎

3:10 PM 全球人才竞争力排行榜 香港排16位落后新加坡

3:04 PM Marii inks MoU with Indonesia's IOI on automotive industry collaboration

KUALA LUMPUR: The Malaysia Automotive Robotics and IoT Institute (MARii) and Indonesia Automotive Institute (IOI) inked a memorandum of understanding (MoU) on collaborating to advance the automotive industry of both countries.
3:00 PM Boost’s brownfield lending business sets foundation for digital banking path to profitability

IN the early years of scan-to-pay, before Covid-19 struck, Boost Holdings Sdn Bhd was the trailblazer in the e-wallet space but it was outshone by other players when the pandemic’s social-distancing requirement accelerated the adoption of contactless payment throughout the country. Grou...
2:55 PM VinFast to deliver EVs to Europe this year as EU probes China rivals

Vietnamese electric vehicles maker VinFast plans to ship its first EVs to Europe this year after receiving regulatory approval, its chief executive told Reuters on Thursday, as the European Union considers imposing tariffs on its Chinese rivals.
2:49 PM MCMC in final stage of talks with broadband service providers to lower internet prices — Fahmi

The Malaysian Communications and Multimedia Commission (MCMC) is in the final stage of negotiations with broadband service providers to enable wholesale internet prices to be offered at a lower rate, said Minister of Communications and Digital Fahmi Fadzil.
2:47 PM Sime Darby Property, TNB seal MOU on solar energy initiatives

Sime Darby Property Bhd has signed a memorandum of understanding (MOU) with Tenaga Nasional Bhd (TNB) to integrate rooftop solar solutions in the group’s townships and developments.
tag stockSIMEPROP +0.7%, TENAGA +1.0%,
2:41 PM Goldman Sachs pushes its forecast for Fed rate cut to Q4 2024

GOLDMAN Sachs economists said they now expect the U.S. Federal Reserve to begin its interest rate-cutting cycle in the fourth quarter of next year, later than an earlier forecast of a cut in the second quarter.
2:37 PM Glum mood overhangs China's Asian Games — 'People just don't care'

China hopes to make a splash with the Asian Games, opening on Saturday, but nationwide excitement has been muted as the economy sputters and some locals question the cost of the sporting extravaganza.
2:35 PM Najib received RM4m in 1MDB funds meant for investment in personal account

Former prime minister Datuk Seri Najib Razak received RM4.09 million (£750,000) originating from 1Malaysia Development Bhd (1MDB) funds, which was meant to purchase options that were part of a consideration by International Petroleum International Co (IPIC) for the notes that raised US$3.5 billion in 2012 for a joint-venture exercise.
2:28 PM 安华参与财富500圆桌会议 晤美企与潜在投资者
2:26 PM Goldman Sachs pushes its forecast for Fed rate cut to 4Q2024

Goldman Sachs economists said they now expect the US Federal Reserve to begin its interest rate-cutting cycle in the fourth quarter of next year, later than an earlier forecast of a cut in the second quarter.
2:20 PM Eupe, Haily, Innity, MBright, MKH, Netx, PMCorp, VSolar, WTK, ILB

KUALA LUMPUR (Sept 21): theedgemalaysia.com highlighted nine stocks with negative momentum and one with positive momentum at  Bursa Malaysia's afternoon close on Thursday. The stocks with negative momentum were: Eupe Corp Bhd - down 1.5 sen or 1.68% at 88 sen
tag stockEUPE 0%, HAILY 0%, INNITY +6.0%, MBRIGHT 0%, MKH 0%, NETX 0%, PMCORP 0%, VSOLAR -1.9%, WTK -1.0%, ILB -1.4%,
2:19 PM Unprofitable Chinese EV maker Nio unveils phone pitched at drivers

While Chinese tech companies have long harboured ambitions to move into the electric car industry, electric vehicle (EV) upstart Nio Inc has gone the other way — on Thursday releasing its first mobile phone.
2:10 PM Cover Story: Evaluate us not based on colour and political background, but our performance, says Loke

IT would appear that defeatism does not exist in DAP secretary-general Anthony Loke Siew Fook’s playbook. Not when the results of the 15th general election (GE15) and the recent six state elections (PRN15) showed that Malay voters were still largely averse to the multiracial but Chinese...
2:10 PM Cover Story: Government to stay out of GLCs’ commercial decisions but board and management must be held accountable

THE government will not interfere in commercial decisions made by government-linked companies (GLCs), but their boards of directors and management must be held accountable for their actions, says Minister of Transport Anthony Loke Siew Fook. The recent suspension of Malaysia Airports Ho...
2:08 PM Carry trades play catch up in Asia as other emerging market regions go dovish

(Sept 21): Emerging Asian currencies have been less attractive than most of their global peers as carry-trade targets over the past year but they are now catching up. Policy makers in Asia have stayed relatively hawkish in a bid to contain inflation, just as their peers in other develop...
2:02 PM Hong Kong holds rate as Fed presses pause on hiking cycle

The Hong Kong Monetary Authority maintained its base rate at 5.75% on Thursday as the US Federal Reserve paused its cycle of hiking rates.
2:00 PM Cover Story: improving connectivity for all Malaysians

ANTHONY Loke Siew Fook wears many hats. The Minister of Transport is not only the secretary-general of DAP but also the member of parliament for Seremban and state assemblyman for Chennah in Negeri Sembilan. And when Umno president and Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi...
1:50 PM Thai central bank institute says debt moratoria should be used sparingly

BANGKOK (Sept 21): The research arm of Thailand's central bank on Thursday said debt suspension should be a tool only used in times of emergency such as a pandemic or natural disasters. The comments come as Thailand's new government introduces debt management policies aimed at the agric...
1:49 PM Stocks retreat, US yields advance, dollar strengthens on hawkish Fed

HONG KONG: Asian stocks followed Wall Street's lead on Thursday, dipping across the board as investors interpreted the U.S. Federal Reserve's latest policy statements as signalling higher-for-longer interest rates.
1:49 PM Forbes: Asia’s billionaires ramping up hotel investments in Singapore

At least 10 billionaires, including the likes of Hong Kong’s Pansy Ho and Indonesia’s Sukanto Tanoto, are now investing more than S$6 billion (US$4.4 billion or RM20.57 billion) to build new hotels and expand their operations across the city state.
1:47 PM China scrutinises quant strategies as market weakness stokes public anger — sources

As China's stock market struggles to recover, regulators have started to probe some hedge funds and brokerages on quantitative trading strategies amid a growing outcry against a sector able to profit from share price falls and volatility, sources said.
1:34 PM Stocks retreat, US yields advance, dollar strengthens on hawkish Fed

Asian stocks followed Wall Street's lead on Thursday, dipping across the board as investors interpreted the US Federal Reserve's (Fed) latest policy statements as signalling higher-for-longer interest rates.
1:33 PM 8月汽车销售涨6%恐强弩之末 汽车业后市看法两极

tag stockMBMR 0%, BAUTO -0.4%,
1:32 PM 产能严重过剩困扰手套业 速柏玛美国出口禁令解除效果有限

tag stockSUPERMX -0.6%,
1:31 PM MCMC与业者下周拍板 法米:上网费会大跌价
1:31 PM 高盛上调布油预测至100美元

1:23 PM Washington eyes tighter chip ban on China in ‘self-destructive’ move - reports

(Sep 20): Chinese telecom giant Huawei Technologies' debut of the latest advanced smartphone series Mate 60 pro continues to generate shockwaves in the US, where radical US lawmakers are pushing to step up restrictions on chip technologies and investments, and a senior US official expressed ...
1:23 PM Malaysia's policy-making challenges remain after six-state elections, says BMI

Malaysia is expected to face continued challenges to policy-making, despite the conclusion of recent state elections for six of the country’s 13 states as the unity government comprises parties with diverse ideologies, which could slow reform momentum, according to BMI Country Risk & Industry Research, a unit of Fitch Solutions Group Ltd.
1:21 PM Sime Property partners TNB for sustainable energy initiatives

KUALA LUMPUR: Sime Darby Property Bhd has entered into a strategic partnership with Tenanga Nasional Bhd for the exploration and development of sustainable energy initiatives.
tag stockSIMEPROP +0.7%, TENAGA +1.0%,
1:17 PM JPEX案被捕3人身分曝光 包括YouTuber“朱公子”
1:11 PM Oil falls as rate hike expectations offset US stock draw

OIL prices fell in early Asian trade on Thursday, after posting the largest fall in a month in the previous session, as U.S. interest rate hike expectations offset the impact of drawdowns in U.S. crude stockpiles.
1:07 PM 香港基准利率维持5.75厘不变

1:06 PM Fed fireworks set nervy stage for BOE

If the market vacillations that followed the US Federal Reserve (Fed) are anything to go by, European investors should buckle up ahead of policy decisions from no less than four of the region's biggest central banks on Thursday — with the Bank of England (BOE) providing the crescendo.
12:59 PM 国行前行长诺珊希亚 任友邦保险独立董事
12:58 PM Kenanga stays ‘neutral’ on REIT sector as inflationary pressure, targeted fuel subsidies may drag prospects

Kenanga Research maintained its “neutral” call on the real estate investment trust (REIT) sector due to subdued consumer sentiment, dragged by inflation and the implementation of targeted fuel subsidies possibly undermining spending capacity.
tag stockKLCC +0.4%, SUNREIT -0.7%, AXREIT -1.1%,
12:58 PM Bursa in the red at midday amid regional retreat

Bursa Malaysia ended Thursday's morning trading session in the red with selling pressure seen almost all across the board, in line with the performance in regional markets, dealers said.
12:49 PM Anwar to meet captains of industry, capital market players in New York

Prime Minister Datuk Seri Anwar Ibrahim will continue the government’s tireless efforts to woo global investors by meeting captains of industry and capital market players on his second day in New York.
12:44 PM 国行前总裁诺珊希雅任友邦保险董事

(吉隆坡21日讯)国家银行前总裁丹斯里诺珊希雅今日上任友邦保险控股(AIA Berhad)独立非执行董事及提名委员会成员...
12:43 PM Bursa slides as Fed signals higher rates

KUALA LUMPUR: Regional markets including Bursa Malaysia are taking Wall Street's lead, and dropping in line with overnight comments from the US Federal Reserve that interest rates are expected to remain higher for longer.
12:42 PM 美联储暗示会再加息 马股也逃不过负面情绪
12:40 PM Analysts raise target prices for Scientex on robust property demand

Analysts have raised their target prices (TPs) for Scientex Bhd after its financial results for the year ended July 31, 2023 (FY2023) met expectations, and as they are more bullish on the company’s property segment due to the stable interest rate environment.
tag stockSCIENTX +2.2%,
12:24 PM 马币行情(21/09/2023)
12:19 PM 破获洗钱案后 狮城银行严审中国客户
12:17 PM 挂牌东交所70馀载 东芝下市倒数计时

12:17 PM
12:09 PM 英国推迟禁售汽油车日程
12:04 PM HSI fell by 1.31%; COSMOPOL INT'L soared by 69.00%; CHINA MOBILE climbed by 1.11%
11:59 AM 多米诺骨牌加速倒下 美汽车业罢工致3000人被暂解雇

(底特律21日讯) 美国底特律汽车罢工正在进一步显现威力。周三,三大汽车公司--福特(FORD)、通用汽车(GM)和St...
11:58 AM KAB reaffirms commitment to sustainability

KUALA LUMPUR: Kinergy Advancement Bhd (KAB) said it remains committed to sustainability, which has been reflected in its strategic collaboration with Mah Sing Group Bhd and Alliance Bank Malaysia Bhd to foster the adoption of environmental, social and governance (ESG) best practices.
tag stockKAB 0%, MAHSING +4.7%,
11:57 AM foodpanda易主? 传闻Grab有意收购
11:43 AM Singapore banks tighten scrutiny of Chinese with other citizenships

Singapore banks are increasing scrutiny of some Chinese-born clients with other citizenships, following last month’s crackdown on money laundering involving more than S$2.4 billion (US$1.8 billion or RM8.23 billion) worth of assets that has rattled the Asian financial hub.
11:43 AM 纽西兰避过衰退 次季经济增速超预期2倍

11:42 AM TPG Asia's Ganen Sarvananthan to lead Middle East expansion

KUALA LUMPUR: Global alternative asset management firm TPG has announced that TPG Asia managing partner Ganen Sarvananthan has been appointed to lead the firm's activity and continued expansion in the Middle East.
11:40 AM Japan warns against post-Fed yen slide

Japan won't rule out any options in addressing excess volatility in currency markets, the government's top spokesperson said on Thursday, issuing a fresh warning against the yen's decline towards the psychologically important 150-mark per US dollar.
11:38 AM 巴西央行如预期减息半厘

11:36 AM Chevron, unions near deal to end LNG strike, regulator says

Chevron Corp and unions are close to a deal to end strikes at liquefied natural gas (LNG) export plants in Australia that have roiled global markets, with the nation’s regulator proposing an agreement to bridge the remaining issues.
11:27 AM Toshiba to go private as US$13.5b buyout offer succeeds

Toshiba Corp said enough shareholders participated in a ¥2 trillion (US$13.5 billion or RM63.27 billion) tender offer led by private equity fund Japan Industrial Partners Inc (JIP) to take the electronic group private and end its 74-year-long run as a listed entity.
11:23 AM Fed signals higher-for-longer rates with hikes almost finished

US Federal Reserve (Fed) Chair Jerome Powell made clear Wednesday the central bank is close to done raising interest rates, but his colleagues delivered the message that resonated: Borrowing costs must remain higher for longer amid renewed strength in the economy.
11:17 AM 达私有化门槛 东芝将退市
11:14 AM Top movers in the morning session: EDIANYUN, BYD, Evergrande and more
11:12 AM Police collaborating with MCMC, CyberSecurity Malaysia to find source of bomb threat email to BNM, says KL police chief
11:03 AM Indonesia to allow equity greater than 50% for contractors in new oil and gas blocks

JAKARTA: Indonesia's energy minister on Thursday said the government has made improvements in its oil and gas terms that would allow contractors to have equity shares greater than 50% in some new blocks to attract investment.
10:58 AM Ringgit opens slightly lower after US Fed keeps rate steady

KUALA LUMPUR: The ringgit opened slightly lower against the US dollar this morning after the US Federal Reserve (Fed) decided to pause rate hikes.
10:57 AM 安华:土耳其同意MAHB续管理萨比哈机场
tag stockAIRPORT +0.3%,
10:55 AM Consumer products sector continues to face inflationary pressures

KUALA LUMPUR: The coming quarters could continue to be challenging for the consumer products sector following a second quarter of 2023 that was impacted by rising operating costs and softer consumer spending.
10:46 AM RHB sees low visibility for auto sector and weaker car sales prospects in 2024

RHB Research maintained its "neutral" stance on the automotive sector due to low visibility and expectations of a possible weakening in car sales prospects next year.
tag stockBAUTO -0.4%,
9:42 AM Fed leaves rates unchanged, signals another hike this year

The US Federal Reserve (Fed) left its benchmark interest rate unchanged while signalling borrowing costs will likely stay higher for longer after one more hike this year.
9:30 AM Bursa opens higher as buying interest re-emerges

Bursa Malaysia opened higher on Thursday as buying activities emerged with the US Federal Reserve (Fed) keeping rates steady, said an analyst.
9:28 AM 美联储利率不变符预期 综指早盘略升0.09%

(吉隆坡21日讯)美联储宣布维持利率,然而隔夜美股3大指数收跌。 综指截至9点10分报1452.83点,涨1.27点或0...
9:12 AM Fed's hawkish remarks to dampen trading sentiment

KUALA LUMPUR: The hawkish tone set by the US Federal Reserve is likely to impact trading sentiment on Bursa Malaysia and other regional markets as it signalled that interest rates are likely to be higher for longer.
9:11 AM Kenanga expects operating environment to remain challenging for Supermax

Kenanga Research said it was only mildly positive on the US lifting a ban on Supermax Corp Bhd's products as this will not meaningfully improve the company’s prospects amid a sector downturn due to massive over-capacity.
tag stockSUPERMX -0.6%,
8:55 AM HLIB remains upbeat on Focus Point’s optical segment

Hong Leong Investment Bank (HLIB) Research has maintained its “buy” rating on Focus Point Holdings Bhd at 76 sen with an unchanged target price of RM1.15 and said it remains upbeat on Focus Point's optical segment and reckon that the momentum will continue with store expansion and on-boarding of new corporate clients.
tag stockFOCUSP 0%,
8:52 AM NIO reportedly set to launch Nio Phone today; US Fed signals one more hike this year; Goldman raises brent oil forecast to $100
8:46 AM Oil prices ease 1% after US Fed leaves interest rates unchanged

Oil prices fell about 1% on Wednesday, extending earlier declines, after the US Federal Reserve left interest rates unchanged as widely expected.
8:40 AM Wall Street closes lower after Fed holds rates steady

US stocks slumped on Wednesday after the US Federal Reserve held key interest rates unchanged as widely expected, and revised economic projections higher with warnings that the battle against inflation was far from over.
8:37 AM 美联储释鹰亚洲货币齐跌 令吉逼近4.7水平
8:35 AM Malaysia ready to purchase military equipment from Turkiye - Anwar

NEW YORK (Sept 21): Malaysia has expressed its willingness to purchase military equipment from Turkiye, Prime Minister Datuk Seri Anwar Ibrahim said. Anwar said prior to this, some of Malaysia’s military equipment had been purchased from South Korea, adding that the choice of suitable p...
8:33 AM Turkiye agrees on MAHB to continue operating ISG International Airport - Anwar

NEW YORK (Sept 21): Turkiye has agreed that Malaysia Airports Holdings Bhd (MAHB) will continue to operate the Istanbul Sabiha Gokchen (ISG) International Airport. During their bilateral meeting today, Turkish President Recep Tayyip Erdogan conveyed the agreement to Prime Minister Datuk...
tag stockAIRPORT +0.3%,
8:27 AM Trading ideas: Supermax, Opcom, Harvest Miracle, Scientex, Ramssol, Eco World International and PRG

KUALA LUMPUR: Stocks on investors' radar screen include Supermax, Opcom, Harvest Miracle, Scientex, Ramssol, Eco World International and PRG, said Apex Research.
tag stockSUPERMX -0.6%, OPCOM +0.7%, HM +5.0%, SCIENTX +2.2%, RAMSSOL -5.2%, EWINT +1.4%, PRG 0%,
7:28 AM 美联储利率保持不变 暗示年内或再加息一次

7:18 AM 鲍威尔:中性利率可能更高 但尚不清楚
7:17 AM Perform the symphony of shared development on GDI anniversary – on the second anniversary of the GDI

Two years ago, Chinese President Xi Jinping proposed the Global Development Initiative (GDI) at the UN General Assembly. The GDI has since become a popular international public good, providing developing countries with new opportunities and guidelines for global sustainable development.
7:17 AM China exports of germanium, gallium products stall in August

China’s exports of germanium and gallium products in August plunged to zero, due to new export controls on the two chipmaking metals.
7:17 AM Billionaire Forrest’s Fortescue Metals to stop using carbon offsets

Fortescue Metals Group Ltd, the world’s No. 4 iron ore producer and a major greenhouse gas emitter, is ending its use of voluntary carbon offsets.
7:17 AM High crude oil prices irk global central banks

Just as global monetary policy switches towards high-altitude cruise control, another bout of turbulence is bearing down on the world economy with surging oil prices.
7:17 AM Dollar rally affects popular trades of 2023

Fuelled by a widening rift in the global economy as the United States defies pessimistic forecasts and growth falters in China and Europe, the dollar has roared back, rising sharply against virtually every major currency over the last two months.
7:17 AM Yellen pushes for fuller climate reckoning

Janet Yellen has made climate change a top priority as Treasury Secretary. She has warned of the dangers it poses to the economy and financial system, and urged Congress and foreign governments to do more to help poorer countries adapt.
7:17 AM Fed set to pause rate hikes, but don’t count out another increase

The Federal Reserve (Fed) is expected to pause its interest-rate hikes for the second time this year following a slowing in inflation while leaving the door open for another increase as early as November.
7:17 AM Gaming-tax hike unlikely in Budget 2024

TA Research expects the gaming sector could stay below the tax radar in Budget 2024 as the government has set its sights on new taxes, such as the capital gains tax to broaden its tax collections for the upcoming budget.
tag stockGENM 0%, GENTING 0%, SPTOTO -0.6%,
7:17 AM KLK to gain from lower fertiliser prices

Kuala Lumpur Kepong Bhd’s (KLK) crude palm oil (CPO) production cost will likely have peaked in the third quarter of financial year 2023 (3Q23) as seasonally higher 4Q23 fresh fruit bunch (FFB) production will bring unit production cost lower, says Hong Leong Investment Bank (HLIB) Research.
tag stockKLK +0.4%,
7:17 AM New programme to increase tech talent pool

A new six-month training programme for integrated circuit design will be launched in August 2024 to train up to 150 people over the next five years, says Trade and Industry Minister Gan Kim Yong.
7:17 AM Battery makers in mass hiring drive

South Korea’s top three battery makers are on a hiring spree, and it shows no signs of stopping.
7:17 AM ADB warns of ‘intensified’ risks for developing Asia

Developing Asia faces “intensified” risks from China’s troubled property sector and high interest rates around the world, the Asian Development Bank (ADB) says.
7:17 AM Huawei unit ships China-made surveillance chips

A Huawei Technologies unit is shipping new Chinese-made chips for surveillance cameras in a fresh sign the Chinese tech giant is finding ways around four years of US export controls, two sources briefed on the unit’s efforts say.
7:17 AM Tokyo exports decline as slowdown bites

Japan’s exports fell in August for a second straight month, weighed by declines in China’s demand for steel and heavy oil, and stoking fears of a downturn in the face of elevated global interest rates.
7:17 AM Solarvest’s order book set to grow

Solarvest Holdings Bhd, a prominent player in the renewable energy sector, has a strong project pipeline that is expected to replenish its order book.
tag stockSLVEST +0.8%,
7:07 AM 美联储维持利率不变 点阵图暗示年内需加息一次
7:02 AM EV maker Nio raises US$1bil in bond deal

Chinese electric vehicle maker Nio Inc says it has raised US$1bil in a two-tranche convertible bond from which it intends to use the proceeds to pay down debt and strengthen its balance sheet.
7:02 AM BoJ may intervene on yen again, as calls to ditch easy policy grow

Japan could intervene again to support the yen if it declines further, former top currency diplomat Takehiko Nakao says, and that the time is right for the Bank of Japan (BoJ) to ditch or modify its ultra-easy policy settings.
7:02 AM The reforms we need in Budget 2024

Global economic growth is expected to moderate in the second half of 2023 and early 2024, with global real GDP growth estimated between 2.4% and 3% in 2024. There are three key risks to the domestic economic outlook in 2H23 and 2024.
7:02 AM Glove makers poised for improved margins in 2024

The glove sector lacks excitement amid declining export sales, but with just three more months heading into 2024, a research firm says that an improvement in demand could be forthcoming next year.
tag stockHARTA 0%, KOSSAN +0.7%, TOPGLOV +0.6%, SUPERMX -0.6%,
7:02 AM PTT Synergy in logistics deal

PTT Synergy Group Bhd (PTTS) has inked a memorandum of understanding with Rhong Khen International Bhd, to establish a system pallet business.
tag stockPTT 0%,
7:02 AM UK pay deals lose more steam as BoE discusses interest rates

Pay deals awarded by United Kingdom employers lost more of their inflationary heat, according to data, which comes as the Bank of England (BoE) announces whether it is raising borrowing costs again to rein in price growth.
7:02 AM Survey: Australia interest rate hike prospects split economists

Economists remain divided on whether the central bank will raise its key rate again this year, even as cooling inflation suggests less pressure on the Reserve Bank of Australia (RBA) to tighten its monetary policy further.
7:02 AM A peek inside America’s largest privately owned firm

The Cargill-MacMillan family is one of the richest but least known corporate dynasties in America. Their wealth comes from Cargill Inc, the largest privately held company in the US by revenue. The company and its owners are enjoying their best times ever, despite the global turmoil of the past few years.
7:02 AM EWI on track to hit FY23 sales target

Eco World International Bhd (EWI) president and chief executive officer Datuk Teow Leong Seng says the group is on track to achieve its sales target of RM1.4bil for financial year 2023.
tag stockEWINT +1.4%,
7:02 AM Total to invest US$300mil in Adani’s green projects

TotalEnergies SE plans to invest US$300mil in a joint venture with Adani Green Energy Ltd, marking the first public deal between the French oil giant and Gautam Adani since a short-seller levelled fraud allegations against the Indian billionaire’s business empire.
7:02 AM Nor Shamsiah appointed to AIA board

AIA Group Ltd has appointed former Bank Negara governor Tan Sri Nor Shamsiah Mohd Yunus as independent non-executive director and a member of the nomination committee of the company with effect from Sept 21, 2023.
7:02 AM Elevated oil price effect on Budget 2024

As the commodity’s performance is closely linked to inflation, all eyes are on the government and how it will maintain growth.
7:02 AM iConn likely to contribute positively to Cape EMS

The acquisition of US-based company iConn Inc is expected to bode well for Cape EMS Bhd as it will allow the group to benefit from the former’s present business and tackle new opportunities, according to UOB Kay Hian (UOBKH) Research.
tag stockCEB +4.2%,
7:02 AM Meta Bright in 25-year solar photovoltaic agreement

Meta Bright Group Bhd was granted the exclusive rights to develop solar photovoltaic (PV) systems for GE Mining Sdn Bhd, which will establish a 25-year recurring income stream for the former.
tag stockMBRIGHT 0%,
7:02 AM Europe car sales jump 21%

Auto sales climbed for the 13th consecutive month in Europe, with electric vehicles (EVs) driving growth before becoming the latest focal point of global trade tensions.
7:02 AM US lifts ban on Supermax following remediation steps

The entry ban on Supermax Corp Bhd’s disposable gloves into the United States has been lifted, following the remediation of forced labour indicators in the company’s supply chain.
tag stockSUPERMX -0.6%,
7:02 AM Capital A sets up MRO JV in Cambodia

Capital A Bhd’s wholly-owned subsidiary, Asia Digital Engineering Sdn Bhd (ADE), has entered into a shareholder’s agreement (SHA) with Sivilai Asia Co Ltd (Sivilai Asia) for a subscription of the issued and paid-up capital of ADE (Cambodia) Co Ltd.
tag stockCAPITALA -1.0%,
7:02 AM Setting the standards in renewable energy

The Local Government Development Ministry encourages private finance initiatives in renewable energy in line with the country’s aim to become South-East Asia’s RE powerhouse.
tag stockTENAGA +1.0%,
7:02 AM PJBumi in Indonesian O&G venture

PJBumi Bhd’s wholly-owned subsidiary, PJBumi Heavy Engineering & Services Sdn Bhd has entered into a joint management agreement with PT Indodrill Bumi Persada.
tag stockPJBUMI -1.0%,
7:02 AM Goldman nears deal to sell GreenSky

Goldman Sachs Group Inc is in advanced talks to sell its GreenSky unit to a consortium that includes Sixth Street Partners, according to people familiar with the matter. No final decision has been made and discussions could fall through, said the people, who asked to not be identified because the matter isn’t public.
7:00 AM Subdued outlook for trade likely in H2

Amid a challenging global economic landscape and slower global trade activities, economists are anticipating the country’s total trade to remain subdued in the second half of the year.
7:00 AM Minox targets new sector for business expansion

ACE Market-bound Minox International Group Bhd aims to strengthen its presence in the semiconductor industry to further grow the company.
7:00 AM Scientex posts net profit of RM115mil in Q4

Scientex Bhd recorded a weaker bottomline in the final quarter of its 2023 financial year as its packaging business experienced softer market demand across its product segments.
tag stockSCIENTX +2.2%,
7:00 AM MN Holdings bags RM18.5mil substation contract

MN Holdings Bhd has secured a substation engineering contract worth RM18.5mil for the GDS Data Centre (Plot 2) at Nusajaya Technology Park, Johor.
tag stockMNHLDG +1.5%,
7:00 AM Opcom expands into satellite networking

Opcom Holdings Bhd’s wholly-owned subsidiary Opcom VC Sdn Bhd is expanding into the satellite communications space by acquiring 70 million shares, representing 18.03% equity interest, in Binasat Communications Bhd (Binacom) for RM39.2mil or 56 sen per share.
tag stockOPCOM +0.7%,
7:00 AM US home insurance ‘bubble’ close to popping

Home insurance costs that have soared in much of the United States may get even higher.
7:00 AM SupportLine By Fong Min Yuan

Leong Hup International Bhd bounced higher yesterday to signal the end of a correction phase.
tag stockLHI 0%,
7:00 AM YTL-REIT’s earnings to be enhanced by AC Hotels

YTL Hospitality Real Estate Investment Trust’s (YTL-REIT) bottom line will be enhanced following rental adjustments made for AC Hotels.
tag stockYTLREIT +1.0%,
7:00 AM Singapore financial firms shrink gender pay gap

The gender pay gap for women working in Singapore’s finance industry narrowed to 15.6% in 2022, almost half the 27.1% gap of a decade ago, the city-state’s Manpower Ministry said in a response to a question from a lawmaker on Tuesday.
7:00 AM Concern rises over LNG inventories

Japan’s liquefied natural gas (LNG) inventories dropped to the lowest level in over a year-and-a-half and could push the nation’s utilities to buy more fuel ahead of winter.
7:00 AM PBoC says it has ample policy room

China’s central bank says it has sufficient policy space to support the economy’s recovery, adding to expectations there could be more easing to come, including interest rate cuts, after this month’s pause.
6:52 AM Chicago sues Monsanto, Univar for contaminating city’s water

(Sept 21): Chicago is suing Bayer AG’s Monsanto and Univar Solutions Inc. for polluting the city’s water, air and soil with chemicals the companies knew were harmful to humans. The complaint, filed in Cook County Circuit Court, seeks financial compensation for expenses related to cleani...
6:49 AM Xi’s purge of handpicked ministers shatters image of stability

(Sept 21): After President Xi Jinping tore up the Communist Party rulebook to promote key loyalists last year, some China watchers expected his new team to operate more smoothly in tackling China’s biggest challenges. Instead, his government looks like it’s in disarray. Xi’s mysterious ...
6:45 AM Biden tells New York donors Trump looks ‘destined’ to be nominee

(Sept 21): President Joe Biden said Donald Trump looks destined to be the Republican party’s 2024 nominee at a campaign fundraiser in New York, framing a potential rematch as a battle for the future of democracy. “He may be the nominee again. It looks like he is destined to be the nomin...
6:43 AM Murdoch compared to ‘mafia boss’ ordering hit in Smartmatic case

(Sept 21): Fox Corp. Chairman Rupert Murdoch and his son Lachlan were compared to mafia bosses trying to dodge punishment for the actions of their henchmen during a court hearing in a US$2.7 billion defamation lawsuit over the 2020 election. The analogy was made by a lawyer for Smartmat...
6:40 AM Costlier rice unlikely to spur Indonesia, Philippine rate action

(Sept 21): Central banks in Indonesia and the Philippines will likely leave borrowing costs unchanged as they weigh inflationary pressures including surging rice prices against risks to economic growth and their currencies. Twenty of 22 economists polled by Bloomberg expect the Bangko S...
6:37 AM Fed may have to hike more to fight sticky inflation, Jamie Dimon says

(Sept 21): JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the Federal Reserve may have to keep increasing its benchmark interest rate in the coming months to combat persistent inflation. The central bank was “a day late and a dollar short” in beginning to raise rates ...
6:34 AM Wall Street closes lower after Fed holds rates steady, warns of higher for longer

(Sept 21): U.S. stocks slumped on Wednesday after the U.S. Federal Reserve held key interest rates unchanged as widely expected, and revised economic projections higher with warnings that the battle against inflation was far from over. All three major U.S. stock indexes retreated in the...
6:31 AM Stocks slide, US yields rise after hawkish Fed stance

NEW YORK (Sept 21): A gauge of global stocks tumbled and Treasury yields shot up on Wednesday after the U.S. Federal Reserve projected another rate hike by year end and much tighter monetary policy through 2024 than previously expected to fight still too high inflation. The U.S. central...
6:23 AM MGM Resorts recovers from cyberattack, but still no digital room keys

(Sept 21): MGM Resorts said on Wednesday its hotels and casinos were back to normal operations but it was working to resolve issues at its luxury Excalibur hotel and casino in Las Vegas, over a week after a cyberattack disrupted its systems. Digital keys and mobile check-in at MGM hotel...
6:20 AM FedEx shares pop on hefty profit beat, UPS customer wins

(Sept 21): FedEx raised the lower end of its full-year profit forecast on Wednesday after a cost-cutting quarter when it poached customers from rivals UPS and Yellow. FedEx shares jumped 5.7% to $264.60 in extended trading after the Memphis-based company said it now expects adjusted fis...
5:48 AM Plenitude – paying for not being fearful? i4value
1:25 AM Bank of America raises minimum wage to US$23 on way to US$25 an hour

Bank of America Corp will increase its minimum hourly wage to US$23 (RM107.69) next month, taking another step toward a goal of paying US$25 by 2025, as employers respond to a strong labour market.
12:54 AM Meloni tells China that Italy plans to exit BRI

Prime Minister Giorgia Meloni has informed China that Italy plans to end a controversial investment pact, Foreign Minister Antonio Tajani said on Wednesday. Meloni “told China about Italy’s plan to exit the Belt and Road” Initiative (BRI), Tajani told Fox News during a visit to New York.
12:34 AM 欧阳玉靖:马中关系续强劲 首7月双边贸易达4990亿
12:15 AM 拉菲兹:新增长来源 稀土业料可贡献95亿
12:15 AM 益纳利美昌迈向RM3/敏源
tag stockINARI 0%,
12:15 AM 垃圾发电
12:15 AM 消费降级
12:15 AM 500包米15分钟抢空
12:15 AM 昌明框架促进贸易 大马经济自由料改善
12:15 AM 广西中银与东盟 跨境结算311亿
12:15 AM 表扬商界巾帼成就 商海办荣誉女企业大奖
12:15 AM 逾28专家分享人力市场资讯 就业论坛下月11登场
12:15 AM 年杪增45万吨本地米供应
12:15 AM 下跌股:丰隆金融集团 RM17.34支撑
tag stockHLFG +0.9%,
12:15 AM 上升股:齐力科技 阻力RM3.27
tag stockPMBTECH -0.6%,
12:15 AM 郑立慷:检验莱纳斯新技术 或可解辐射废料存储
12:15 AM 热门股:IJM 上挑RM1.98
tag stockIJM 0%,

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