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1d ago

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.
1d ago

Corporate News
‘Experience economy’ lifts club valuations

A post-Covid surge in US golf-club memberships is leading to big deals for private club operators that cater to the affluent, evidenced in Apollo Global Management's sale last week of the largest private country club operator in North America.
1d ago

Economy
US move can’t suppress growth of Chinese firms

The United States' recent move to suppress more Chinese companies will not affect the world's growing demand for Chinese-made solar panels, electric vehicles and industrial robots, which are both quality-oriented and cost-efficient, experts say.
1d ago

Corporate News
Core market expansion still focus of 99 Speed Mart

99 Speed Mart Retail Holdings Bhd has reiterated in a recent investor meeting that its China venture remains a strategic pilot project rather than a meaningful earnings contributor, as the convenience retailer continues to focus on expanding its core Malaysian operations amid resilient consumer demand.
1d ago

Economy
Japan’s trade balance swings to deficit

Japan's trade balance swung to a deficit for the first time in four months as imports of chips and other electronic components soared.
1d ago

Economy
Oil price slide offers big disinflation boost

The Philippines is poised to be one of Asia's biggest beneficiaries from the tentative peace deal between the United States and Iran, with lower oil prices expected to accelerate the country's inflation slowdown, according to Nomura Global Markets Research.
1d ago

Aviation
Vietnam to open seven new airports by 2030

Vietnam plans to bring seven new airports into operation by 2030 as part of a broader effort to expand the country's aviation network and meet rising travel demand.
1d ago

Markets
S. Koreans snap up US$800mil SpaceX stocks

South Korean retail investors snapped up almost US$800mil of SpaceX shares on the stock's first day of trading, underscoring strong demand for Elon Musk's company after local investors were shut out from the world's largest initial public offering (IPO).
1d ago

Economy
Langat 2 flows into second phase

Competition for the first two packages of the RM3.7bil Langat 2 Phase 2 water infrastructure project is expected to be intense, with Gamuda Bhd and IJM Corp Bhd seen as strong contenders following the issuance of pre-qualification notices, CIMB Research says.
1d ago

Corporate News
Adani Green seeks US$1bil loan after US settlement

Adani Green Energy Ltd is seeking to raise as much as US$1bil through an offshore loan, according to people familiar with the matter – its first overseas borrowing since emerging from legal troubles in the United States.
1d ago

Commodities
Oil rises on Iran deal doubts; IEA warns of glut

Oil prices gained nearly 1% on Wednesday after US President Donald Trump said the new ceasefire agreement with Iran was not final and the Iran war could resume if he is unsatisfied, but concerns over excess supply next year limited the gains.
1d ago

Markets
S&P, Nasdaq futures inch up ahead of Warsh's debut

S&P 500 and Nasdaq futures edged higher on Wednesday, as chip stocks rebounded ahead of the first interest rate decision under new Federal Reserve Chair Kevin Warsh.
1d ago

Economy
Japan's interest rate normalisation seen to have greater impact on Asia than Europe

KUALA LUMPUR: The Bank of Japan's (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank's (ECB) higher-for-longer interest rate stance.
1d ago

Markets
Japan's Nikkei closes at record high near 70,000 on AI boost

TOKYO: Japan's Nikkei share average closed at a record high for a third straight session on Wednesday, ending just shy of the 70,000 mark, on easing concerns over the Middle East conflict and sustained buying in AI-related shares ahead of the U.S. Federal Reserve's policy decision.
1d ago

Commodities
IEA sees gradual Hormuz recovery tipping into significant 2027 surplus

LONDON: The world oil market will recover gradually from the closure of the Strait of Hormuz before tipping into a significant surplus in 2027, the International Energy Agency said in its monthly oil market report on Wednesday.
1d ago

Markets
Oil extends fall, stocks steady as traders wait on Warsh

SINGAPORE: Sinking crude prices on news that Iranian fuel may soon hit global markets heralded inflation relief and pushed bond yields lower on Wednesday, while stocks and currencies were quieter ahead of Kevin Warsh's debut meeting as Federal Reserve chair.
1d ago

Forex
China makes new push to take yuan global, vows vigilance against financial risks

SHANGHAI: China announced fresh measures on Wednesday to promote the global use of the yuan and unveiled plans to better manage domestic money market liquidity.
1d ago

Markets
Japan's Nikkei rises as investors weigh Iran conflict outlook, Fed decision

TOKYO: Japan's Nikkei share average rose on Wednesday as investors weighed prospects for an end to the Middle East conflict and awaited the U.S. Federal Reserve's policy decision.
1d ago

Commodities
Oil slides on Iran supply prospects as traders wait on Warsh

SINGAPORE: Tumbling crude prices on news that Iranian fuel may soon hit global markets promised inflation relief and pushed bond yields lower on Wednesday, while stocks and currencies were quieter ahead of Kevin Warsh's debut meeting as Federal Reserve chair.
1d ago

Corporate News
ESG-ready Malaysian businesses better positioned to penetrate EU market, says GRI

KUALA LUMPUR: Malaysian companies equipped with strong environmental, social and governance (ESG) practices and reporting standards will likely have a distinct competitive advantage and access to business opportunities in the European Union (EU) and other international markets, a sustainability reporting expert said today.