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Zuckerberg says Meta to spend up to US$65 bil on AI this year
(Jan 25): Meta Platforms Inc plans to invest as much as US$65 billion (RM288.56 billion) on projects...
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Developer disagrees over repayment conditions, debt owed to SCIB for scrapped Perak housing project
KUALA LUMPUR (Jan 24): Sarawak Consolidated Industries Bhd (KL:SCIB) on Friday said that the project...
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MAHB, Gamuda, MRCB, Scientex, Genting Plantations, TMC Life Sciences, Axis REIT, AmanahRaya REIT, Taghill, Chin Hin, Ajiya, TCS
KUALA LUMPUR (Jan 24): Here is a brief recap of some business news and corporate announcements that ...
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Crypto’s richest man turns VC firm into giant family office
(Jan 24): Changpeng “CZ” Zhao, a few months out of prison and worth US$70 billion (RM310.75 billion)...
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TMC Life Sciences issues profit warning due to contract issues
KUALA LUMPUR (Jan 24): TMC Life Sciences Bhd (KL:TMCLIFE) warned on Friday that it expects to report...
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EVENING 5: Five things you need to know today
EVENING 5: Aerotrain to resume in 2Q, earlier target ‘overambitious’ Here’s a quick look at some of ...
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Baltic Exchange shipping updates: Jan 24, 2025
A weekly round-up of tanker and dry bulk market (Jan 24, 2025) This report is produced by the Baltic...
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Chin Hin raises Ajiya stake by 12.27% to 66.4% for RM54.2 mil
KUALA LUMPUR (Jan 24): Building materials and construction engineering firm Chin Hin Group Bhd (KL:C...
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TCS sees emergence of new substantial shareholder with 11.9% stake as MD trims shareholding
KUALA LUMPUR (Jan 24): Building and infrastructure construction services provider TCS Group Holdings...
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EcoWorld Malaysia officially opens Tuah 1895 dining and lifestyle hub at Bukit Bintang City Centre
KUALA LUMPUR (Jan 24): Eco World Development Group Bhd (KL:ECOWLD)(EcoWorld Malaysia) has officially...
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Solid Automative subsidiary to acquire two land parcels in Klang for combined RM33 mil
KUALA LUMPUR (Jan 24): Solid Automotive Bhd's (SAB) wholly- owned subsidiary Part Center Sdn Bhd (PC...
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AmanahRaya REIT pursues new asset buy as its RM42.5 mil Cyberjaya property sale falls through
KUALA LUMPUR (Jan 24): AmanahRaya Real Estate Investment Trust (AmanahRaya REIT) has terminated its ...
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Bursa Malaysia, subsidiaries to close for CNY public holiday
KUALA LUMPUR (Jan 24): Bursa Malaysia Bhd and its subsidiaries will be closed on Jan 29 and 30 in co...
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Scientex buys Melaka land from Genting Plantations for RM333 mil cash
KUALA LUMPUR (JAN 24): Packaging manufacturer and developer Scientex Bhd (KL:SCIENTX) on Friday said...
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Gamuda-Ferrovial JV lands early role in Australian hydroelectric storage project
KUALA LUMPUR (Jan 24): A joint venture between Gamuda Bhd (KL:GAMUDA) and Ferrovial (GFJV) has inked...
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Tesla deploys fix to 1.2 million China EVs on safety concern
(Jan 24): Tesla Inc will release a software update to about 1.2 million cars in China — around half ...
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Bursa Malaysia suspends short-selling of Tanco's shares
KUALA LUMPUR (Jan 24): The intraday short selling (IDSS) of Tanco Holdings Bhd’s (KL:TANCO) shares h...
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MRCB forms JV with Melaka Corp for RM520m hospital project
KUALA LUMPUR (Jan 24): Malaysian Resources Corp Bhd (KL:MRCB) is partnering with Melaka Corp to deve...
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TikTok’s possible buyers, from Elon Musk to MrBeast
(Jan 24): TikTok’s Chinese parent company has just over two months to find a buyer for the app’s US ...
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TH Properties partners Affin Bank to offer flexible home financing solutions for fresh graduates, first-time homebuyers and women
KUALA LUMPUR (Jan 24): TH Properties and Affin Bank Bhd (KL:AFFIN) have entered into a strategic par...
, TH Properties and to the right Mohammad Fairuz Mohd Radi, Executive Director Group Community Bank, Affin Bank].jpg)
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Long road ahead for MRCB with Ipoh Sentral project, analysts say
KUALA LUMPUR (Jan 24): Malaysian Resources Corporation Bhd (KL:MRCB) will have a long road ahead in ...
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IGB REIT has little upside ahead, analysts say after weaker-than-expected 4Q
KUALA LUMPUR (Jan 24): Units of IGB Real Estate Investment Trust (KL:IGBREIT) will likely have littl...
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OpenAI releases AI agent that helps book flights, order food for users
(Jan 24): OpenAI is rolling out an artificial intelligence (AI) tool that can help book flights, pla...
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KLIA aerotrain to resume operations by 2Q, says MD of MAHB
KUALA LUMPUR (Jan 24): After almost two years of suspension, the automated people mover system (aero...
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Westports set for single-digit earnings growth this year; analysts see limited upside to stock price
KUALA LUMPUR (Jan 24): Westports Holdings Bhd (KL:WPRTS) is set to make single-digit earnings growth...
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YTL Corp, YTL Power shares down in active trade after plan to issue non-tradeable warrants
KUALA LUMPUR (Jan 24): Shares of YTL Corporation Bhd (KL:YTL) and YTL Power International Bhd (KL:YT...
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Mitsubishi Motors won’t join Honda, Nissan tie-up — report
(Jan 24): Mitsubishi Motors Corp won’t be a part of Honda Motor Co and Nissan Motor Co’s plans to co...
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Billionaire McCourt says open to teaming up on a TikTok bid
DAVOS (Jan 24): US businessman Frank McCourt is open to teaming up with other buyers on a bid to tak...
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Trump orders crypto working group to draft new regulations, explore national stockpile
(Jan 24): US President Donald Trump on Thursday ordered the creation of a cryptocurrency working gro...
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Boeing sales, profit hammered by two-month factory shutdown
(Jan 24): Boeing Co reported fourth-quarter revenue that missed analyst estimates after a bruising s...
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Penang-based Iconic Marjorie Hotel sets sights on MICE market
KUALA LUMPUR: Iconic Worldwide Bhd’s newly launched Iconic Marjorie Hotel in Bayan Lepas, Penang, is...
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DWSB hopes to wrap up sales of TuJu Residences by year-end
KUALA LUMPUR: Distinctive World Sdn Bhd (DWSB), the property developer behind the TuJu Residences pr...
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YTL Corp, YTL Power, MRCB, Westports, IGB REIT, IGB Commercial REIT, Axis REIT, KIP REIT, Destini, Citaglobal, T7 Global, Oriental Kopi, Econframe, Unitrade
KUALA LUMPUR (Jan 23): Here is a brief recap of some business news and corporate announcements that ...
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Furniture maker Rhong Khen to rake in RM16 mil gain from Vietnam indirect unit sale
KUALA LUMPUR (Jan 23): Furniture maker Rhong Khen International Bhd (KL:RKI) is selling its Vietname...
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EVENING 5: Five things you need to know today
EVENING 5: MRCB to jointly undertake RM6.25 bil GDV Ipoh Sentral Here’s a quick look at some of t...
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Econframe buys Ipoh-based wooden doors maker for RM56 mil
KUALA LUMPUR (Jan 23): Econframe Bhd (KL:EFRAME) is buying Ipoh-based manufacturer and seller of woo...
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Crypto’s richest man CZ turns VC firm into giant family office
(JAN 23): Changpeng 'CZ' Zhao, a few months out of prison and worth US$70 billion thanks to the rele...
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TikTok deal could stop short of full US sale, shareholder says
(JAN 23): ByteDance is exploring a deal to keep TikTok running in the US without selling its operati...
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Apple and Google hit by UK probe into mobile dominance
(Jan 23): Apple Inc and Alphabet Inc were hit with UK antitrust investigations over concerns their d...
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Unitrade Industries' unit buys controlling stake in metal recycler Kien San for RM42 mil
KUALA LUMPUR (Jan 23): Unitrade Industries Bhd (KL:UNITRAD), a building material wholesaler and dist...
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Oracle takes run at cloud’s big three with Trump-backed AI pact
(Jan 23): Oracle Corp has charged out of the gate in 2025, after its best year in a quarter-century....
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TikTok owner ByteDance plans US$20b capex in 2025, mostly on AI, Reuters reports
BEIJING (Jan 23): ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan (US$20...
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Volkswagen sees €1.5b cost from EU emissions rules
(Jan 23): Volkswagen AG estimated it will take a €1.5 billion (US$1.6 billion or RM6.9 billion) hit ...
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Destini posts second straight quarterly profit in 2Q
KUALA LUMPUR (Jan 23): Destini Bhd (KL:DESTINI) has managed to stay in the black for a second consec...
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Oriental Kopi makes strong debut on ACE Market
KUALA LUMPUR: Food and beverage (F&B) services cafe chain operator, Oriental Kopi Holdings Berhad, y...
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AIA Singapore partnering with Raffles Hospital to boost accessibility of quality healthcare in Singapore
SINGAPORE - Media OutReach Newswire - 23 January 2025 - AIA Singapore and Raffles Hospital today sig...
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KWAP awards accounting system replacement project to Censof
KUALA LUMPUR (Jan 23): The Retirement Fund Inc (KWAP) has awarded a RM4.27 million contract to Censo...
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Aneka Jaringan posts 35% growth in income in Q1’25
KUALA LUMPUR: Aneka Jaringan Holdings Bhd, a basement and foundation construction specialist, record...
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IGB REIT reports dips in 4Q net property incomes amid upgrades
KUALA LUMPUR (Jan 23): Maintenance and upgrading works led to a decline in net property income (NPI)...
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Infomina: First-half FY25 ‘satisfactory’
KUALA LUMPUR: Infomina Bhd, a regional technology solutions provider, recorded revenue of RM46.6 mil...
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YTL Corp, YTL Power plan free warrants; exercise prices at discount
KUALA LUMPUR (Jan 23): YTL Corp Bhd (KL:YTL) and YTL Power International Bhd (KL:YTLPOWR) have each ...
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Singapore's StarHub, Nokia team up to drive development of 4G and 5G vertical apps
SINGAPORE (Jan 23): StarHub has partnered with Nokia on network application programming interfaces t...
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Citaglobal wins two subcontracts for Kuching Urban Transportation System worth RM36.26 mil
KUALA LUMPUR (Jan 23): Citaglobal Bhd (KL:CITAGLB) has secured two subcontracts worth a combined RM3...
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E-invoicing system eases transition for small businesses, says expert
KUALA LUMPUR (Jan 23): Malaysia's e-invoicing system offers a streamlined adoption process for small...
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Sime Darby Property secures five anchor tenants for KLGCC Mall
KUALA LUMPUR (Jan 23): Sime Darby Property Bhd (KL:SIMEPROP) has signed five anchor tenants for its ...
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Cahya Mata Sarawak’s unit expects to double clinker production with new facility
KUCHING (Jan 23): Cahya Mata Cement Sdn Bhd, a wholly-owned subsidiary of Cahya Mata Sarawak Bhd (KL...
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Trump downplays threat of China using TikTok to spy on Americans
(Jan 23): US President Donald Trump downplayed the national security risk posed by TikTok in an inte...
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KIP REIT remains in acquisition mode, says CEO
KUALA LUMPUR (Jan 23): KIP Real Estate Investment Trust (KL:KIPREIT) said it remains in acquisition ...
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StashAway brings Bitcoin and Ethereum ETFs to its platform
KUALA LUMPUR (Jan 23): Digital investment platform StashAway will be offering Bitcoin and Ethereum e...
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Cover Story 2: Investing ideas for 2025
This article first appeared in The Edge Malaysia Weekly on January 13, 2025 - January 19, 2025 LAST ...
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Australia's Fortescue to invest in green hydrogen alternative energy in Sarawak, says Anwar
DAVOS, Switzerland (Jan 23): Australia’s global metal mining company Fortescue has agreed to invest ...
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MRCB to jointly undertake RM6.25b GDV Ipoh Sentral development project
KUALA LUMPUR (Jan 23): Malaysian Resources Corp Bhd (KL:MRCB) is partnering Ipoh Sentral Sdn Bhd (IS...
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BYD outsells Toyota to becomes Singapore’s most popular car
(Jan 23): BYD Co has beaten out Toyota Motor Corp to take the title of most popular car brand in Sin...
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Cathay Pacific to cut profit-share payout to staff by around 50%
(Jan 23): Cathay Pacific Airways Ltd is planning to slash its profit share payout to its workers by ...
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T7 Global secures pan-Malaysian services contract from Hess Exploration
KUALA LUMPUR (Jan 23): T7 Global Berhad (KL:T7GLOBAL) has secured a contract with Hess Exploration a...
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Westports books record revenue and profit for FY2024, declares 10.86 sen dividend
KUALA LUMPUR (Jan 23): Westports Holdings Bhd (KL:WSPRTS) reported a record-high net profit of RM256...
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KIP REIT unitholders approve RM98m industrial properties buy from Eddie Ong
KUALA LUMPUR (Jan 23): KIP Real Estate Investment Trust (KL:KIPREIT) unitholders have approved the a...
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Tesla to significantly raise prices of all cars in Canada, website shows
BENGALURU (Jan 22): Tesla will raise prices of all its cars in Canada from Feb 1, according to notic...
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Gadang shares may rally on strong earnings growth, says TA Securities in upgrade to 'buy'
KUALA LUMPUR (Jan 23): The share price of Gadang Holdings Bhd (KL:GADANG) may rally on the back of s...
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Oriental Kopi aims to launch over 20 fast-moving consumer goods by year-end
KUALA LUMPUR (Jan 23): Café chain operator Oriental Kopi Bhd (KL:KOPI), which debuted on the ACE Ma...
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Binastra could issue dividend as early as FY2025 — Phillip Capital
KUALA LUMPUR (Jan 23): Binastra Corporation Bhd (KL:BNASTRA) may introduce a dividend payout earlier...
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Ryanair curbs investment in Rome in Jubilee year due to rising costs
ROME (Jan 23): Ryanair on Wednesday said it would remove an aircraft from Rome Fiumicino and curb ex...
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Rental reversion, improved occupancy to boost Sentral REIT’s FY2025 earnings — analysts
KUALA LUMPUR (Jan 23): Sentral Real Estate Investment Trust (KL:SENTRAL) is poised for modest earnin...
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OpenAI, SoftBank each commit US$19b to Stargate AI data centre — report
(Jan 23): OpenAI and Japanese conglomerate SoftBank will each commit US$19 billion to fund Stargate,...
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Oriental Kopi hits opening gong with 71% premium on ACE Market debut
KUALA LUMPUR (Jan 23): Oriental Kopi Holdings Bhd (KL:KOPI) surged more than 70% during its trading ...
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Nvidia supplier SK Hynix posts record quarterly profit on AI chip demand
SEOUL (Jan 23): South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia su...
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Samsung unveils Galaxy S25 phone with Qualcomm chips, enhanced AI features
SEOUL (Jan 23): Samsung Electronics on Wednesday unveiled its newest flagship smartphone, powered by...
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Microsoft poised to benefit from Stargate JV with zero money
(Jan 23): When President Donald Trump joined tech executives on Tuesday to tout a multi-billion-doll...
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Musk and Altman spar over US$100b AI venture hyped by Trump
(Jan 23): Elon Musk openly questioned whether companies that joined President Donald Trump’s announc...
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Hong Kong’s Premier International Intercollegiate Tech Event “Hong Kong Techathon+ 2025”
HONG KONG SAR - Media OutReach Newswire - 22 January 2025 - The annual flagship event in the innovat...
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CPA Australia calls on Hong Kong government to increase revenue and reduce expenditure
HONG KONG SAR - Media OutReach Newswire - 22 January 2025 - With CPA Australia estimating a fiscal d...
Daily Sentiments
81 News articles
34
Positive
37
Neutral
10
Negative
81 News articles
Positive
34
Neutral
37
Negative
10