Latest
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Economy
Politburo seeks to reposition Vietnam’s state economy
HANOI: Party general secretary To Lam has signed a Politburo resolution seeking to reposition the state sector as a driving force in Vietnam's next chapter of growth.
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Banking
Financial scams surge ahead of Tet
HANOI: As the Lunar New Year (Tet) approaches, financial and banking scams in Vietnam are showing a sharp upward trend, prompting banks and law enforcement agencies to issue repeated warnings.
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Economy
Consumer demand expected to remain firm
PETALING JAYA: Local businesses that sell and distribute goods to consumers, or what is termed "distributive trade" in industry parlance, saw a slight slowdown in growth in November 2025, with overall trade expanding 6.4% year-on-year (y-o-y) but dipping 1.2% month-on-month.
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Commodities
MSPO certification helps Malaysia meet sustainability requirements in FTAs, says MPOB
KUALA LUMPUR: The Malaysian Sustainable Palm Oil (MSPO) certification has helped Malaysia meet sustainability requirements increasingly incorporated into free trade agreements (FTAs), according to the Malaysian Palm Oil Board (MPOB).
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Markets
Teamstar signs underwriting agreement with TA Securities for ACE Market IPO
KUALA LUMPUR: Teamstar Bhd has signed an underwriting agreement with TA Securities Holdings Bhd for its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.
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Corporate News
Melati Ehsan redesignates COO to CEO
PETALING JAYA: Melati Ehsan Holdings Bhd has redesignated its chief operating officer, Datuk Cheah Jit Peng, to chief executive officer.
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Corporate News
TM Nxera partners with TNB to secure 280MW for data centre campus
KUALA LUMPUR: TM Nxera has signed a multi-year electricity supply agreement with Tenaga Nasional (TNB) to secure 280 megawatt (MW) for its hyperconnected, AI-ready data centre campus in Iskandar Puteri, Johor.
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Corporate News
Favelle Favco acquires France-based Seram Industries SAS
PETALING JAYA: Favelle Favco Bhd is proposing to acquire France-based Seram Industries SAS from Marec Industrie SAS for an initial purchase price of 7.5 million euros (RM36mil), with conditional deferred consideration of up to 2.5 million euros (RM12mil) in cash.
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Forex
Ringgit ends firmer as concerns over Fed independence weigh on US dollar
KUALA LUMPUR: The ringgit closed firmer against the greenback on Monday as concerns over the US Federal Reserve's (Fed) independence weighed on the American dollar.
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Corporate News
HE Group wins power distribution system contract
PETALING JAYA: HE Group Bhd has accepted a purchase order (PO) for the power distribution system works for a manufacturer of electronic products in Malaysia.
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Corporate News
Awanbiru appoints Azizah Ali as its group CEO
PETALING JAYA: Awanbiru Technology Bhd has appointed Azizah Ali as its group chief executive officer.
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Corporate News
MN Holdings proposes transfer to the Main Market of Bursa Securities
PETALING JAYA: MN Holdings Bhd is proposing a transfer of its listing from the ACE Market to the Main Market of Bursa Malaysia Securities Bhd, alongside proposed amendments to its Constitution to facilitate the implementation of the transfer.
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Corporate News
Vantris Energy divests stake in L&T-Sapura Shipping for 124mil
PETALING JAYA: Vantris Energy Bhd has divested its 40% equity interest in L&T-Sapura Shipping Pvt Ltd (LTSSPL) to its joint-venture partner, Larsen & Toubro Ltd for US$30.5mil (RM123.91mil).
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Corporate News
Sunway launches RM11bil take-over of IJM Corp at RM3.15 a share
KUALA LUMPUR: Sunway Bhd is proposing a conditional voluntary take-over offer to acquire all shares in IJM Corp Bhd at RM3.15 per share, valuing the construction and property group at about RM11bil if the offer is fully accepted.
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Markets
FBM KLCI hits six-year high, extends rally on stronger risk appetite
KUALA LUMPUR: The FBM KLCI closed at its highest in over six years, extending its rally in line with improved risk appetite amid a broad-based regional advance.
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Business
Singapore defends GIC, Temasek returns as reasonable
SINGAPORE: Returns generated by Singapore sovereign wealth fund GIC and state investor Temasek are reasonable and within expectations given their mandates and risk profiles, a minister said on Monday, amid criticism of their performance.
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Commodities
Gold breaches US$4,600/oz for first time ever as Powell-Trump rift stokes safe-haven demand
GOLD broke through $4,600/ounce for the first time on Monday, while silver also hit a record high, as investors snapped up safe-haven assets amid heightened geopolitical uncertainties and a criminal probe into Federal Reserve Chair Jerome Powell.
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Markets
S.Korea, Taiwan stocks rally on AI optimism; Trump-Powell feud clouds outlook
SOUTH Korean equities closed at a record on Monday, with Taiwan and Singapore near all-time highs on artificial intelligence-led gains, while markets weighed the impact of a criminal indictment of Federal Reserve Chair Jerome Powell.
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Markets
Impact Capital eyes ACE Market listing
PETALING JAYA: Impact Capital Holdings Bhd is eyeing a listing on the ACE Market of Bursa Malaysia.
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Markets
Rexit to be renamed Openmove AI from Jan 14
KUALA LUMPUR: Rexit Bhd will be renamed Openmove AI Bhd, following an announcement by Bursa Malaysia Bhd.
