Latest
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Commodities
Oil jumps over 6% on more tanker attacks
Oil prices jumped more than 6% on Thursday, with both major benchmarks trading at over US$100 a barrel as the biggest spike in attacks on shipping since the Iran war began fed worries among traders about further disruptions to already tight supplies.
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Economy
EU businesses want Asean FTA despite bilateral trade progress
European businesses are pushing the European Union (EU) to pursue a region-to-region free trade agreement (FTA) with Asean.
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Economy
B50 rollout hits more than 100 delivery points
The nationwide rollout of 50% biodiesel (B50) reaches an infrastructure milestone of 104 operational fuel delivery points in September, two months after the programme was launched on July 9, according to the Energy and Mineral Resources Ministry.
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Corporate News
Scientex outlook brightens for FY27
Scientex Bhd is expected to sustain earnings momentum into the financial year ending July 31, 2027 (FY27), driven by resilient packaging demand and continued contributions from its property division.
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Markets
South Korean rally raises questions about a structural re-rating
After an unprecedented rally put South Korea's stock market back on global investors' radar, the market is facing a new test.
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Corporate News
Blackstone unit Kinetik said to weigh potential sale
Kinetik Holdings Inc, an energy pipeline company partly owned by Blackstone Inc, is in the early stages of exploring options, including a sale, according to people familiar with the matter.
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Corporate News
Enbridge to buy Tallgrass Energy for US$2.6bil
Enbridge Inc, the Canadian energy infrastructure giant, has reached an agreement to buy Tallgrass Energy's crude oil business from Blackstone Inc for about US$2.6bil.
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Property
Mortgage cost rises to test UK housing market
The housing market in United Kingdom faces "significant" tests from higher borrowing costs and fears of tax rises in next month's budget, agents warn.
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Markets
NSE slashes IPO valuation amid investor pushback
As executives at the National Stock Exchange (NSE) of India Ltd pitch their long-awaited initial public offering (IPO) to global investors, one question keeps coming up: How would the bourse keep growing after regulators curbed its booming derivatives business?
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Economy
ECB to raise rates again as Iran war fans inflation
The European Central Bank (ECB) is set to raise borrowing costs for the second time since the Iran war sent energy prices soaring, with inflation locked well above target and the region's economy proving surprisingly robust.
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Support Line
SupportLine
Malaysia Smelting Corp Bhd's recovery is picking up speed, having crossed above the 21-day simple moving average (SMA) line as it ends the correction that began in mid-August.
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Economy
BoJ signals tightening as inflation fears grow
The Bank of Japan (BoJ) will continue to raise its benchmark interest rate to ensure that the price trend doesn't exceed 2%, board member Kazuyuki Masu says, in comments that support widespread expectations that the bank will raise borrowing costs next week.
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Economy
Industrial activity expected to moderate
Malaysia's industrial activity is expected to moderate through the second half of 2026 (2H26), although resilient manufacturing demand should continue to support economic growth.
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Economy
Chile’s central bank sees deeper slowdown
Chile's central bank cut its forecast for economic growth this year for the third time, just hours after the institution held its interest rate steady and warned a period of malaise may continue for longer than expected.
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Corporate News
Chinese tech firms’ share sale spree sparks valuation concerns
Chinese firms are increasingly turning to equity fundraising to bankroll their artificial intelligence (AI) ambitions, fuelling investor concerns about earnings dilution and oversupply in an already-underperforming market.
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Insight
Samsung, SK Hynix payouts test South Korea’s reform drive
Eye-popping shareholder-return plans from Samsung Electronics and SK Hynix have become an early test of South Korea's corporate reform drive, with investors welcoming the windfall but saying more is needed to narrow the country's decades-old valuation gap.
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Corporate News
Mubadala backs China’s Luckin Coffee chain in US$1bil deal
Abu Dhabi wealth fund Mubadala Investment Co becomes a backer of Luckin Coffee Inc, China's biggest coffee chain.
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Economy
US$100 Brent presents challenges
A potentially higher subsidy bill due to the recent rise in Brent crude oil prices can likely make it more difficult for Malaysia to achieve its fiscal consolidation targets.
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Corporate News
Gamuda, John Holland JV wraps up M1 extension
Gamuda Bhd's joint venture (JV) with John Holland has officially delivered the M1 Pacific Motorway extension to Raymond Terrace: Black Hill to Tomago package for Transport for NSW, ahead of schedule.
