Latest
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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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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
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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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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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Aviation
Airbus confirms cancellation of AirAsia X order for 15 A330-900 aircraft
KUALA LUMPUR: Airbus has confirmed that AirAsia X's order for 15 Airbus A330-900 aircraft has been cancelled by mutual agreement between the two parties.
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Forex
Dollar on the defensive ahead of first Fed decision under Warsh
SINGAPORE: The dollar eased on Wednesday ahead of the Federal Reserve's first policy decision under Chair Kevin Warsh, with lingering optimism over an interim U.S.-Iran peace deal underpinning risk appetite and dampening demand for the U.S. currency.
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Economy
Singapore's May exports rise bigger-than-expected 38.4% y-o-y, boosted by AI demand
SINGAPORE: Singapore's non-oil domestic exports rose by 38.4% in May from a year earlier, data showed on Wednesday, as robust AI-related demand boosted exports of integrated circuits, disk media products and PCs.
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Economy
Japan's exports beat forecast in May on strong chip demand
TOKYO: Japan's exports rose for a ninth straight month in May, data showed on Wednesday, as solid semiconductor-related demand continued to offset a blow from major supply disruptions caused by the U.S.-Israeli war with Iran.
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Commodities
Oil hits 3-month low on Hormuz reopening hopes
Oil prices fell about 5% for a second day in a row to a three-month low on Tuesday as details emerged of an interim deal to end the war in the Middle East and reopen the Strait of Hormuz, including an agreement to allow Iran to sell oil.
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Markets
Nasdaq, S&P 500 slip while Dow hits record close
The Nasdaq Composite and the S&P 500 finished lower on Tuesday under pressure from technology stocks, while the Dow Jones Industrial Average marked its second straight record close and SpaceX rallied to become the fifth-most valuable US company.
