Latest
-
Corporate News
Coastal Contracts poised for earnings lift
Coastal Contracts Bhd is poised for strong medium-term earnings growth, driven by an expanding operations and maintenance (O&M) portfolio and a growing engineering, procurement, and construction (EPC) pipeline, says TA Research.
-
Corporate News
EcoWorld Malaysia inches closer to FY26 sales target
Eco World Development Group Bhd (EcoWorld Malaysia) has recorded RM3.28bil in sales during the first seven months of financial year 2026 (FY26), achieving 82% of its full-year sales target of RM4bil.
-
Economy
Consumer picks hold firm
The consumer sector is expected to remain resilient through the second half of 2026 (2H26), although rising cost pressures and softer spending momentum are likely to weigh on profitability and temper earnings growth across the industry.
-
Economy
Global green economy tops US$10 trillion
The green economy – the business lines of global listed companies that generate revenue from climate solutions – now boasts a record high market value of US$10 trillion.
-
Economy
G7 forms critical minerals alliance to cut reliance
Group of Seven (G7) leaders agree to step up coordination to cut their countries' reliance on China for critical minerals, including plans to align stockpiling and launch a new platform with a bigger role for the International Energy Agency.
-
Markets
Default shakes a US$80bil corner of Muni Market
More than two decades after Wall Street started pumping out a new type of bonds – those backed by the legal-settlement payments governments receive from cigarette companies – one batch has finally been driven into a default.
-
Economy
Fed holds rates steady, officials split over hikes
US Federal Reserve (Fed) officials have left interest rates unchanged and are split over whether they expect to raise rates this year.
-
Corporate News
Aramco seeks billions of dollars, plans to sell assets
Saudi Aramco is considering the sale of a stake in its sulphur business, three sources with knowledge of the matter tell Reuters, extending a strategy of tapping its infrastructure assets to raise tens of billions of dollars.
-
Energy
Trump’s govt to pay US$765mil to scrap four wind leases
The Trump administration says it will pay US$765mil to power project developer Invenergy to terminate four wind leases off the coasts of New York, California and Maine.
-
Markets
Largest Brazil credit manager buys into debt selloff
Itau Asset Management is increasing holdings of corporate debt across sectors including utilities, fitness chains and car rental companies, taking advantage of wider spreads that followed a bout of turmoil in Brazil's credit market.
-
Markets
Billions in SpaceX IPO trades rattle ETFs
A series of unusual multibillion-dollar flows has rippled through the exchange-traded fund (ETF) market in the past week, suggesting major investors are using a contentious method to get exposure to the initial public offering (IPO) of SpaceX.
-
Business
SPACs are back, thanks to Wall Street’s mega-IPO frenzy
Special-purpose acquisition companies (SPACs) are making a comeback.
-
Business
Trillion-dollar meme stocks are here. Be ready
During the Covid-19 pandemic, meme mania swept through the United States stock market, short-squeezing and shuttering high-profile hedge funds.
-
Corporate News
Walmart to revamp Beijing store presence
Walmart is reported to be planning a recalibration of its physical retail presence in Beijing through the introduction of a new generation of smaller-format stores, signalling a strategic shift in response to the country's rapidly evolving retail landscape.
-
Economy
S’pore growth forecast nudged down to 3.5%
Private-sector economists expect Singapore's economy to expand by 3.5% in 2026, just a tad weaker than their previous forecast of 3.6%, on slower growth in private consumption – a measure of spending by households on goods and services.
-
Markets
Analysts upbeat on Chinese A-shares upward cycle
Analysts expect a slower but more sustained market uptrend for China equities, supported by the economy's resilience, a more market-friendly policy backdrop, attractive valuations, improving corporate earnings and the prospect of fresh capital inflows.
-
Property
Chinese policies deliver uptick in property sales
The traditional spring home-buying season, which typically peaks in March and April, stretched into May this year as policy support and targeted demand in first-tier cities drove a notable pickup in sales, helping to restore market expectations, experts say.
-
Corporate News
Canada’s US$43bil submarine choice: S. Korean or German make
South Korea's naval ambitions are facing their most significant overseas test yet as Hanwha Ocean vies for a deal that could be worth up to US$43bil.
-
Energy
Jakarta faces 20 million tonnes of coal shortfall
State electricity firm PT Perusahaan Listrik Negara (PLN) is short of 20 million tonnes of coal to meet its annual operational needs, even as the government has ordered producers to supply 190 million tonnes to shore up stocks, Energy and Mineral Resources Minister Bahlil Lahadalia says.
-
Nation
Data, AI to anchor 13MP framework, says Fadillah
KUALA LUMPUR: The National Statistical System (NSS) will be strengthened, while the use of data and artificial intelligence (AI) will be expanded as key pillars in decision-making to ensure the success of the 13th Malaysia Plan (13MP) 2026-2030.
