Latest
-
Corporate News
OpenAI new funding round on track to top US$100bil
OpenAI is close to finalising the first phase of a new funding round that is likely to bring in more than US$100bil, according to people familiar with the matter, a record-breaking financing deal that would give the startup additional capital to build out its artificial intelligence (AI) tools.
-
Economy
Australia’s jobless rate stays low, hiring firm
Australian unemployment stayed low in January and hiring remained strong, validating the Reserve Bank of Australia's (RBA) view that the economy can withstand tighter monetary policy without a sharp rise in layoffs.
-
Economy
RBNZ navigates stronger growth, cooling inflation
New Zealand's central bank is in the unusual position this year of expecting a strong economic recovery without triggering inflation pressures, according to assistant governor Karen Silk.
-
Corporate News
IRS grants tech, pharma a tax break boost
The Internal Revenue Service (IRS) handed out a hefty tax break to large corporations, ensuring that President Donald Trump's lucrative research and development (R&D) deduction doesn't increase their tax bills under a Biden-era 15% minimum levy.
-
Corporate News
TNB secures major 2.7GW power projects
Analysts are overall positive on Tenaga Nasional Bhd (TNB) in successfully securing the 1.4 gigawatts (GW) combined-cycle gas turbine (CCGT) plant in Paka, Terengganu, although the impact on the company's earnings will be minimal.
-
Corporate News
MNRB sees robust earnings in next three years
Maybank Investment Bank (Maybank IB) Research raised MNRB Holdings Bhd's financial year 2026 (FY26) to FY28 net profit forecasts following the group's stronger-than-expected third quarter of financial year 2026 (3Q26) results.
-
Economy
UK budget ‘headroom’ a harmful obsession
The United Kingdom should replace its simple pass-fail approach to fiscal rules with a broader "traffic lights" system to end the "dysfunctional policy making" of recent years, the Institute of Fiscal Studies says.
-
Insight
Crude oil’s current Iran premium assumes no supply disruption
The premium currently built into the crude oil price over tensions between the United States and Iran fluctuates according to the daily headlines, but there is an underlying assumption that everything will turn out fine.
-
Corporate News
Car wars drive South Africa’s top dealer to add new brands
South Africa's largest car dealer is widening the range of brands it offers to ramp up revenues, as the country's motor industry is reshaped by rising competition from Asia.
-
Insight
Cook seems determined to keep bruising Apple
For America's brands, the second Trump administration has been a field of rakes lying in wait to give them black eyes.
-
Markets
Foreign buying of US stocks jumps 134% in 2025
Foreign investors bought more than twice the amount of US stocks in 2025 as they did a year before, even as President Donald Trump's tariffs rattled markets and clouded corporate outlooks.
-
Corporate News
New contracts to provide MISC with substantial long-term revenue visibility
MISC Bhd, the shipping arm of Petroliam Nasional Bhd, marked its maiden entry into Papua New Guinea with a 15-year charter from ExxonMobil for a new floating, storage and offloading (FSO) unit.
-
Markets
Bursa Malaysia extends gains to close higher
Bursa Malaysia continued its upward trend, closing higher yesterday due to positive market sentiment driven by stronger-than-expected macroeconomic data.
-
Commodities
US-Iran tensions spur temporary oil price volatility
The heightened US-Iran tensions have increased volatility in the energy market, but the price impact will likely be temporary unless underlying supply and demand fundamentals change in a sustained manner.
-
Auto
Market margins to test sector’s resilience
Malaysia's automotive market is showing signs of resilience at the start of 2026, but analysts warn that volumes are increasingly being propped up by aggressive discounting, raising concerns over margins as the industry enters a normalisation phase.
-
Corporate News
Gamuda eyes further expansion in Sarawak
Sarawak could emerge as construction giant Gamuda Bhd's new domestic growth frontier.
-
Markets
Small caps to gain from earnings, VM 2026
The tail-end of the year of the Wood Snake has been kind for the FBM KLCI as the bourse gallops into the Fire Horse period, having seen a rise of close to 5% year-to-date (y-t-d).
-
Corporate News
Hap Seng Plantations 4Q earnings likely to be strong
Hap Seng Plantations Holdings Bhd is expected to deliver stronger fourth-quarter earnings on a quarter-on-quarter (q-o-q) basis, driven by improved crude palm oil (CPO) production.
-
Corporate News
Duopharma insulin deals erases fear of overhang
Duopharma Biotech Bhd's latest contract wins for the supply of human insulin from the Health Ministry (MOH) has provided some clarity on the issue, but was nevertheless below most analysts' expectations.
-
Corporate News
Nestle to explore sale of ice cream business
Nestle (Malaysia) Bhd will be exploring the potential sale of its ice cream business to UK-based Froneri International Ltd.
