This week’s upheaval in global equities is prompting investors in Asian stocks to turn their attention to markets where their ownership has been falling in recent years, with China and Malaysia fitting the bill.

Stock meltdown turns EM Asia’s spotlight on China, Malaysia

Information technology company MDT Innovations Sdn Bhd's founder Liew Choon Lian has ceased to be a substantial shareholder in Systech Bhd (KL:SYSTECH).

Liew Choon Lian ceases to be substantial shareholder in Systech

A dollar gauge is on track for its worst performance during the first 100 days of a US presidency in data going back to the Nixon era, when America abandoned the gold standard and switched to a free-floating exchange rate.

Dollar poised for worst first 100 days of presidency since Nixon

Wall Street's main indices were on track for weekly gains on Friday, though they struggled for direction on the day as investors navigated contradictory messages on US-China trade and a mixed spate of corporate earnings.

Wall Street set for weekly gains with trade signals, earnings in focus

Prime Minister Datuk Seri Anwar Ibrahim urged Malaysians not to be affected by negative rhetoric, including during the Ayer Kuning state by-election, but to instead focus on the nation’s growing achievements and its future prospects.

Anwar urges Malaysians to focus on nation’s future, not be affected by negative rhetoric

The Malaysian Anti Corruption Commission (MACC) seized, froze and forfeited assets and issued compounds worth over RM285 million last year in an effort to combat crimes involving corruption.

MACC seized, froze and forfeited assets worth over RM285 mil last year — Azam Baki

Pahang Menteri Besar Datuk Seri Wan Rosdy Wan Ismail is optimistic that Barisan Nasional (BN) will emerge victorious at Saturday’s by-elections and retain the Ayer Kuning state seat.

Pahang MB optimistic about BN retaining Ayer Kuning seat

Singapore Prime Minister Lawrence Wong made a personal appeal to Singaporeans, urging them to vote for candidates who will prioritise the nation and its people above all else, and to choose the best team capable of leading the country through a period of global uncertainty.

Singapore GE2025: PAP, oppositions make pitches in first political broadcasts

The UK has agreed to collaborate with Malaysia in various fields, including technology and new energy management, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

UK agrees to assist Malaysia in technology, new energy — Fadillah

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

Bina Puri, Pos Malaysia, Petronas Gas, Sarawak Oil Palms, Chin Teck Plantations, CTOS Digital, UEM Edgenta, Taghill, Catcha Digital, Astro Malaysia, Iskandar Waterfront City Bhd and Key Alliance

Congress will likely exert more authority over US trade policy if the White House doesn’t demonstrate “significant progress” in the ongoing tariff negotiations with dozens of countries in the coming weeks, says New York Republican Representative Mike Lawler.

Lawler says Congress should intervene if Trump trade war drags on

The Ministry of Plantation and Commodities announced on Friday that all licensed exporting companies under the Malaysian Rubber Board (MRB) are only permitted to export gloves sourced from local manufacturing facilities. The directive will take immediate effect.

Malaysia bans export of non-locally made rubber gloves, with immediate effect

The newly upgraded terminal building of the Sultan Azlan Shah Airport (LTSAS)&nbsp;is now larger and equipped with more efficient, comfortable facilities, increasing its passenger handling capacity to&nbsp;700,000 passengers a year,&nbsp;compared with 500,000 previously.

Ipoh's Sultan Azlan Shah Airport can now accommodate up to 700,000 passengers a year — MAHB

Chinese investments in Southeast Asian manufacturing are likely much higher than official data showed, underscoring the difficulty of any US attempt to box in Beijing or exclude Chinese-made goods from its supply chains.

China’s investments in Southeast Asia snarl US plans for supply chains

Oasis Home Holding Bhd began accepting orders for its initial public offering on Friday, aiming to raise up to RM42 million with shares priced at 28 sen on the ACE Market.

Oasis Home prices ACE Market IPO at 28 sen a share to raise up to RM42 mil

Bursa Malaysia Bhd (KL:BURSA) has clarified that the recent hacking incident involving stock trading accounts was limited to a small number of client accounts from a few brokers, rather than being widespread.

Trading account breach not widespread — Bursa Malaysia

CTOS Digital Bhd (KL:CTOS) announced that its group chief executive officer (GCEO) Erick Hamburger will be stepping down in September, while it reported a 30.64% decline in net profit for the first quarter ended March 31, 2025 (1QFY2025).

CTOS Digital group CEO Erick Hamburger to step down in September, 1Q net profit falls 31%

Bank of America Corp strategists said investors should sell into rallies in US stocks and the dollar, cautioning that the conditions for sustained gains are missing.

BofA’s Hartnett warns sell the rebound in US stocks, dollar

BYD Co’s net income in the first quarter jumped to 9.15 billion yuan (US$1.3 billion or RM5.7 billion), overtaking Tesla Inc on another key metric and signalling a robust start to the year for China’s number one selling car brand.

BYD 1Q profit soars, beating Tesla on another metric

Private equity firm Creador announced on Friday that it has acquired a 13% stake in FPT Long Chau Investment JSC, one of Vietnam’s largest pharmacy chains, for an undisclosed sum.

Creador acquires 13% stake in Vietnam’s pharmacy chain Long Chau

While much of the world is focused on a volatile international trade war, two of China’s largest internet companies are inflicting greater damage on each other at home.

JD.com’s delivery clash with Meituan may worsen US$70b rout

Taghill Holdings Bhd (KL:TAGHILL), formerly known as Siab Holdings Bhd, announced on Friday that it has secured a RM494 million construction contract in Bandar Sri Damansara, Selangor.

Taghill bags RM494m construction contract in Bandar Sri Damansara

Intel Corp's Malaysian-born&nbsp;chief executive officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, along with the sense that it will take a while to fix them.

Intel CEO’s bid to revive company overshadowed by bleak outlook

Foreign investors have sold US$63 billion (RM275.8 billion) of US equities since the start of March, Goldman Sachs strategists estimate, noting that the data from high-frequency fund flows suggest that European investors have been driving the selling, while other regions have continued to buy US stocks.

Foreign investors dumped US$63b in US equities, Goldman says

China vowed to “fully prepare” emergency plans to ward against increasing external shocks, taking a patient approach in defending growth as a deepening trade war with Donald Trump piles pressure on the world’s number two economy.

China vows to ready emergency plans, signals calm amid trade war 

Audi's flagship sport utility vehicle (SUV), the Q7, has officially started production in Malaysia, the first Audi model in this segment to be locally assembled in the Southeast Asian region.&nbsp;

Audi Q7 starts local production in Malaysia, priced from RM469,000

PUTRAJAYA (April 25): The Court of Appeal (COA) has on Friday reinstated the Shah Alam Sessions Court’s decision, sentencing a former Sessions Court judge to six months’ imprisonment and imposing a RM25,000 fine for accepting bribes in connection with court proceedings.

Court of Appeal reinstates ex-judge’s six-month jail term, RM25,000 fine for bribery

Former prime minister Tun Dr Mahathir Mohamad has issued a legal notice to Umno president Datuk Seri Dr Ahmad Zahid Hamidi, demanding a public and written apology.

Dr M demands public apology from Zahid over defamatory statement on Seri Pacific Hotel land

Bursa Malaysia stocks remained above the key 1,500-point psychological level for a second consecutive day on Friday, despite reports of unauthorised access and trading activity involving several online trading accounts.

KLCI stays steady above 1,500 points despite hacking incident, with tech stocks leading gains

In efforts to restore gas supply in areas affected by the Putra Heights’ blaze three weeks ago, Petronas Gas Bhd (KL:PETGAS) said it has resumed operations at the Puchong City Gate.&nbsp;

Petronas Gas resumes operations at Puchong City Gate in bid to restore gas supply

Bursa Malaysia Securities Bhd has publicly reprimanded Reach Energy Bhd (KL:REACH) and seven directors, for failing to promptly announce that the company had triggered the Practice Note 17 (PN17) criteria under listing rules, after its auditors raised concerns about its ability to continue as a going concern.

Abhishek Vishnoi, John Cheng & Winnie Hsu