KUALA LUMPUR (Aug 1): The Securities Commission Malaysia (SC) has reprimanded and imposed a penalty of RM687,500 on Amran Mohd Amin for three breaches of securities laws.

SC reprimands, fines ex-unit trust consultant RM687,500 for fraud

KUALA LUMPUR (Aug 1): Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research.

Global battery investments dip for first time since 2020, says Rystad Energy

The Securities Commission Malaysia (SC) has updated its Investor Alert List.

SC adds four entities to Investor Alert List, two being potential clones

July saw a moderation in the Malaysian manufacturing sector as demand conditions remained muted, according to S&P Global Market Intelligence.

Malaysia's manufacturing sector moderates in July amid muted demand conditions — S&P

TA Securities has maintained its “sell” rating on Lotte Chemical Titan Holding Bhd (KL:LCTITAN) at RM1.07 with a slightly higher target price of RM1.06 (from RM1.03) and said the company registered a ninth consecutive quarterly loss in the second quarter of 2024 (2QFY2024).

Lotte Chemical Titan expected to continue facing losses in coming quarters, says TA Securities

RHB Retail Research said Dialog Group Bhd (KL:DIALOG) is eyeing to stage a bullish breakout, testing the immediate resistance on high volume.

Dialog eyeing to stage bullish breakout, says RHB Retail Research

RHB Retail Research said AEON Co (M) Bhd (KL:AEON) is poised to extend its upside movement after breaking past the resistance on strong volume.

AEON is poised to extend its upside movement, says RHB Retail Research

KUALA LUMPUR (July 30): Advancecon Holdings Bhd (KL:ADVCON) has accepted the Letter of Acceptance (LOA) from Sime Darby Property (Bukit Raja) Sdn Bhd as the contractor for the construction and completion of earthworks and ancillary works for Phase 4B (i17), Bandar Bukit Raja Stage 3, in Klang for a total of RM38.25 million.

Advancecon bags contract worth RM38.25m from Sime Darby Property

KUALA LUMPUR (July 30): The US national debt breached US$35 trillion for the first time in the nation’s history on Monday (July 29), as the federal government continued to accumulate debt at a record-setting pace.

US national debt breaches record US$35 tril

Nearly 22 million people in the US — roughly one in 15 Americans — had wealth upwards of US$1 million (RM4.64 million) last year, according to UBS’ 2024 global wealth report.

Report: One out of every 15 Americans is a millionaire, UBS says

Asian stocks notched up small gains as investors largely adopted a wait-and-watch approach on tariff negotiations before taking long-term bets.

Asian stocks trade in tight range, Japan edges up

The chairman of a US congressional committee on China is calling on Bank of America Corp and JPMorgan Chase & Co to withdraw from working on the Hong Kong first-time share sale of battery maker Contemporary Amperex Technology Co Ltd, which could be the year’s biggest listing.

House China committee urges US banks to drop CATL listing roles

The US Justice Department said Thursday it may review a potential sale of 23andMe users’ genetic data for potential national security risks, an action that the company had previously anticipated and said it was prepared to accept.

US says 23andMe deal could prompt national security review

The Trump administration took steps to impose levies on Chinese vessels docking at US ports, threatening to shake up global shipping routes and escalate the trade war between the world’s two biggest economies.

Trump moves to levy Chinese vessels in widening trade war

Malaysian Prime Minister Datuk Seri Anwar Ibrahim on Thursday met Senior General Min Aung Hlaing, Chairman of Myanmar's State Administration Council, in Bangkok to discuss efforts to restore normalcy in the country following the devastating earthquake on March 28.

Anwar holds talks with Myanmar leader on earthquake relief efforts

Japan’s consumer inflation picked up last month, bolstered in part by surging rice prices, supporting the central bank’s stance on a gradual rate hike path before US tariff measures clouded the economic outlook.

Japan’s inflation quickens as rice prices gain most in 50 years

Shares of Chagee Holdings Ltd jumped 16% in their debut session after the Chinese tea chain raised US$411 million (RM1.81 billion) in its US initial public offering (IPO), defying a market besieged by trade-war volatility.

Chinese tea chain’s US shares rise 43% as IPO defies volatility

President Donald Trump said he was reluctant to continue ratcheting up tariffs on China because it could stall trade between the two countries, and insisted Beijing had repeatedly reached out in a bid to broker a deal.

Trump says he is reluctant to keep raising tariffs on China

NEWS: Malaysia Aviation Group posts second straight annual profit

MORNING CALL: 18/4/25

President Donald Trump said he was reluctant to continue ratcheting up tariffs on China because it could stall trade between the two countries, and insisted Beijing had repeatedly reached out in a bid to broker a deal.

Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday.

HexTech, Chin Hin, Fiamma, Mudajaya, Perak Transit, Meta Bright, NEXG, Ancom Nylex, MN Holdings, Sunsuria, T7

InvestSarawak and China Energy Engineering Investment Corporation Ltd (CEEIC) on Thursday signed a memorandum of understanding (MOU) to jointly develop large-scale renewable energy generation and infrastructure projects in Sarawak, with a potential investment value of US$1.35 billion (RM6 billion).

InvestSarawak, China Energy Engineering ink MOU for RM6 bil renewable energy projects

A rebound in US stocks evaporated this week after Chair Jerome Powell pushed back on the idea of the Federal Reserve stepping in to bolster markets, rankling President Donald Trump who touted a smattering of deals Thursday.&nbsp;

The S&amp;P 500 slumped 1.5% over the four-day span, briefly trimming losses after Trump said there would be a trade deal with the European Union, without giving details or a timeline on when an agreement would be reached

US stock rebound fizzles as Trump goes on offensive

KUALA LUMPUR (April 17): Sin Chew Daily's editor-in-chief and deputy chief sub-editor were released on police bail on Thursday night after being detained for nearly five hours.

According to the Chinese-language newspaper, its editor-in-chief Chan Aun Kuang and deputy chief sub-...

Sin Chew editors released on bail after nearly five-hour detention

The High Court here on Thursday ruled that it has jurisdiction to hear the lawsuit filed by the sons of the late Tun Abdul Taib Mahmud, Sarawak’s seventh governor, against their stepmother, Toh Puan Raghad Kurdi Taib.

High Court rules it has jurisdiction to hear lawsuit against Taib's wife Raghad 

Malaysia, as the Asean chair for 2025, is committed to enhancing connectivity and regional cooperation among Asean member states, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar emphasised Malaysia's dedication to attracting sustainable investments that deliver positive spill-over effects for the national economy.

Anwar highlights investment opportunities in Malaysia to Thai business leaders

UnitedHealth Group Inc cut its annual forecast and reported its first earnings miss in more than a decade, in a foreboding sign that sent shares across the insurance industry tumbling.

The company said it was blindsided by rising medical costs as the first quarter closed, upending a forecast it had affirmed just three months ago.&nbsp;

UnitedHealth falls most in 25 years after shock forecast cut

The Trump administration took steps to impose levies on Chinese vessels docking at US ports, threatening to shake up global shipping routes and escalate the trade war between the world’s two biggest economies.

Shares of Chagee Holdings Ltd jumped 16% in their debut session after the Chinese tea chain raised US$411 million (RM1.81 billion) in its US initial public offering (IPO), defying a market besieged by trade-war volatility.

Barisan Nasional (BN) candidate Dr Mohamad Yusri Bakir has been urged to complete his campaign rounds at all 20 polling districts (PDM) in Ayer Kuning within the first week to ensure smooth groundwork in defending the state seat.

Ayer Kuning polls: BN candidate told to cover all 20 polling districts in first week

New applications for unemployment benefits filed by federal employees increased for a second week, hovering near levels seen in January before the Trump administration started to fire workers across agencies.

US jobless claims by federal employees ticked up last week

Alphabet's Google illegally dominated two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for US antitrust prosecutors to seek a breakup of its advertising products.

Google holds illegal monopolies in ad tech, judge finds, allowing US to seek breakup

The Pakistani government will seek expressions of interest next week for the sale of Pakistan International Airlines, the privatisation ministry said on Thursday, days after it reported its first annual profit in over two decades.

Pakistan seeking bids to sell national airline next week

The US Federal Reserve is solidifying plans to overhaul its stress tests of big banks, presenting a proposal for public comment that would average the results over two years.&nbsp;

The Fed said in a statement Thursday that it intends to delay the effective date of the annual stress-capital buffer requirement from Oct. 1 to Jan. 1 of the next year, giving banks more time to adjust to the new capital requirements.

Fed unveils plan to overhaul stress tests for big US banks

The chairman of a US congressional committee on China is calling on Bank of America Corp and JPMorgan Chase &amp; Co to withdraw from working on the Hong Kong first-time share sale of battery maker Contemporary Amperex Technology Co Ltd, which could be the year’s biggest listing.

Japan’s consumer inflation picked up last month, bolstered in part by surging rice prices, supporting the central bank’s stance on a gradual rate hike path before US tariff measures clouded the economic outlook.

The US Justice Department said Thursday it may review a potential sale of 23andMe users’ genetic data for potential national security risks, an action that the company had previously anticipated and said it was prepared to accept.

Malaysian Prime Minister Datuk Seri Anwar Ibrahim on Thursday met Senior General Min Aung Hlaing, Chairman of Myanmar's State Administration Council, in Bangkok to discuss efforts to restore normalcy in the country following the devastating earthquake on March 28.

Surin Murugiah

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Surin Murugiah

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