Latest
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Stock on the Move
Duopharma Biotech shares up after securing RM52.54mil LOA
KUALA LUMPUR: Duopharma Biotech Bhd's shares rose during the early trading session today, after its unit received a letter of award (LOA) from the government for the supply of medical products worth RM52.54 million.
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Markets
Asia shares get tech lift as Iran, rate uncertainty loom over markets
SINGAPORE: Asian stocks rose on Thursday, supported by gains in technology giants on Wall Street, while lingering U.S.-Iran tensions kept oil prices supported and left gold underpinned by safe-haven flows.
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Forex
Ringgit opens lower vs US$ following FOMC minutes
KUALA LUMPUR: The ringgit eased against the US dollar at the opening on Thursday, as the greenback strengthened amid Federal Open Market Committee (FOMC) minutes which signalled a potential interest rate hike, an analyst said.
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Markets
Investor confidence returns after CNY break
KUALA LUMPUR: Bursa Malaysia opened with renewed enthusiasm after the Chinese New Year break as fears over the disruptive impact of AI on the tech sector dissipated and investors looked ahead to earnings results scheduled over the remainder of the month.
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Corporate News
Trading ideas: MISC, Duopharma, Seal, Hextar Capital, HeiTech Padu, IGB, Johan, Farmiera
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
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Commodities
Oil prices settle up over 4% on Iran-US tensions
Oil prices settled up by more than 4% on Wednesday as traders priced in potential supply disruptions amid concerns of conflict between the US and Iran, and after talks between Ukraine and Russia in Geneva ended without a breakthrough.
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Markets
Wall St ends higher on Nvidia, other AI stocks
Wall Street ended higher on Wednesday, lifted by gains in Nvidia, Amazon and other technology-related heavyweights following recent jitters about artificial intelligence.
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Corporate News
L&G charts growth plan
In a bid to reshape its long-term growth profile, Land & General Bhd (L&G) has entered the industrial property development business, with the first phase of its planned industrial park in Selangor estimated at close to RM1bil.
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Economy
Ambition meets reality in rare earths
Malaysia aims to move up the rare earths value chain, but licensing bottlenecks, weak upstream supply and a lack of processing capacity risk stalling that ambition.
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Corporate News
Warner Bros considers Paramount’s proposal
David Ellison is trying to rewrite the ending to the most dramatic story in Hollywood.
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Insight
If I were palm oil, as the Snake makes way for the Horse
Many Malaysians are having a ball celebrating Chinese New Year. Woks are out. Ovens are pre-heated. Recipes are being debated – again.
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Corporate News
Hong Leong Industries full-year dividend set to increase
Hong Leong Industries Bhd (HLIB) may declare a higher dividend of around 30 sen in the second half of the financial year ending June 30, 2026 (2H26), potentially pushing the net dividend per share (NDPS) to 110 sen from 90 sen.
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Auto
EV sales boom in Ethiopia
Bethelhem Eshetie gave up driving her taxi two years ago. The rising cost of petrol and the spare parts needed to keep her old car on the road meant that she couldn't earn enough to make ends meet.
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Economy
AI making its presence felt in the global payments industry
Artificial intelligence (AI) is increasingly making its presence felt everywhere and the global payments segment is no exception.
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Corporate News
Deal size, investability to work well for Bursa
Analysts remain upbeat on Bursa Malaysia Bhd's prospects, given its aim of reframing its initial public offering (IPO) cycle towards quality stocks.
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Economy
New Zealand holds key rate as economy rebounds
New Zealand's central bank held interest rates at the lowest level in 3-1/2 years and expects them to remain there for a period while the economy regathers momentum.
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Commodities
Global pepper prices expected to rise in 2026
Global pepper prices are expected to trend upward in 2026 in view of continued tight supply as demand is outstripping supply.
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Corporate News
Elliott builds Norwegian cruise stake, alleges overspending on concert
Activist investor Elliott Investment Management has built a stake of more than 10% in Norwegian Cruise Line Holdings Ltd, citing concerns about management and spending on events including a Katy Perry concert.
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Corporate News
Sarawak-based projects to buoy KKB Engineering
KKB Engineering Bhd will likely benefit from more Sarawak-based projects this year if things go as planned.
