Latest
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Economy
New Zealand's economy perks up in Q1, eyes on Iran war impact
WELLINGTON: New Zealand's economy picked up slightly in the first quarter, led by the manufacturing sector, although the impact of the Middle East war since then is likely to remain key for policymaker decisions.
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Forex
Ringgit opens easier against US dollar
KUALA LUMPUR: The ringgit opened lower against the US dollar on Thursday as sentiment turned cautious after the US Federal Reserve (Fed) adopted a hawkish tone, driving US Treasury yields higher.
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Corporate News
SunCon's Johor data centre substation contracts rise to RM865.6mil
KUALA LUMPUR: Sunway Construction Group Bhd (SunCon) has secured additional work for two data centre-related substation projects in Johor after accepting change orders from a multinational technology corporation headquartered in the United States.
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Markets
FBM KLCI advances above 1,720 amid cautious optimism
KUALA LUMPUR: The FBM KLCI advanced in early trade on Thursday, bucking overnight losses on Wall Street as bargain-hunting activities and renewed investor optimism lifted the benchmark index above the 1,720 mark.
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Markets
Trading ideas: Vantris Energy, Scanwolf, HexTech, Widad Group, Beshom, MRCB, LAC Med
KUALA LUMPUR: Stocks to watch on Thursday include Vantris Energy Bhd, Scanwolf Corp Bhd, Widad Group Bhd, Hextar Technologies Solutions Bhd (HexTech), Beshom Holdings Bhd, Malaysian Resources Corp Bhd (MRCB) and LAC Med Bhd.
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Markets
Wall Street sinks on bets Fed will hike rates this year
The S&P 500 and Nasdaq closed down by more than 1% on Wednesday, as traders bet that the Federal Reserve's next move would be a rate hike after new Fed Chair Kevin Warsh highlighted the need to tame inflation and other policy makers projected rising interest rates later this year.
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Insight
When cooking oil had a grandmother
Imagine a young Malaysian today, used to plastic bottles of cooking oil, supermarket shelves and food delivery apps, suddenly seeing an old black-and-white cooking oil advertisement from the 1970s.
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Corporate News
QL confident of high profit growth
QL Resources Bhd remains confident of delivering high single-digit profit growth over the next six years, underpinned by expansion plans across its marine products, livestock farming, convenience store and palm oil-related businesses.
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Insight
Data – the new currency of tax
As Malaysia approaches another budget cycle, tax conversations are once again gathering pace. Rates, incentives and exemptions will dominate discussions, as they often do. Yet, from a practitioner's standpoint, these debates – while important – risk missing a more fundamental shift taking place in taxation today.
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Banking
Banks poised to regain momentum in 2Q26
Malaysia's banking sector is expected to regain momentum in the second quarter of financial year 2026 (2Q26), as stabilising market conditions, easing funding costs and resilient credit demand support earnings, despite a subdued 1Q26 weighed down by weaker trading income and higher provisions.
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Economy
BUILDING A SAFER, MORE TRUSTED TOURISM INDUSTRY
For Nigel Wong, the measure of good industry leadership is not how loudly you raise a problem but how effectively you solve it.
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Corporate News
Sound prospects for Eckem on increasing production capacity
A fair value of 14 sen per share based on a price earnings ratio (PER) of 15 times to 2027 earnings per share (EPS) has been derived for Eckem Holdings Bhd, a speciality industrial chemicals player.
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Corporate News
TMK Chemical’s plans to acquire CCM a boon for the group
TMK Chemical Bhd's proposal to acquire a 100% equity interest in Chemical Company of Malaysia Bhd (CCM) for RM920mil is being viewed favourably by analysts.
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Corporate News
Energy security concerns to bolster Uzma’s outlook
Fresh contract wins worth RM700mil and a pickup in tender activity amid heightened global energy security concerns are expected to underpin stronger earnings growth for Uzma Bhd, with analysts anticipating further job wins as upstream activity gathers pace.
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Corporate News
Revenue targets to fuel thirst for Life Water
Sandakan-based bottled water producer Life Water Bhd is expected to see demand remaining robust as the company more than doubles its capacity by financial year ending June 30, 2028 (FY28) from FY24, says CIMB Research.
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Economy
Glove firms at strongest since downturn
The local rubber glove industry is entering the second half of 2026 (2H26) from its strongest position since the post-pandemic downturn, according to BIMB Research.
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Markets
Tech rally to spur selective bets
Investors will likely become more selective and disciplined after the recent strong rally, says Kenanga Research.
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Auto
Vehicle sales forecast to increase in 4Q26
BIMB Securities Research maintains its automotive sector's full-year 2026 total industry volume (TIV) forecast at 740,000 units.
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Economy
Pricing power key in consumer downcycle
The Malaysian consumer sector has entered a "margin-driven downcycle" despite resilient demand fundamentals, says BIMB Research.
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Commodities
El Nino, export controls to boost CPO prices
RHB Research believes the combination of a high-probability strong El Nino weather phenomenon and more stringent Indonesian export controls creates a bullish environment for crude palm oil (CPO) prices heading into 2027.
