Apple is losing more than US$1 billion (RM4.4 billion) a year on its streaming service Apple TV+, the Information reported on Thursday, citing two people familiar with the matter.

Apple losing over US$1b a year on streaming service — report

President Donald Trump's plan to revitalise the US shipbuilding industry is likely to backfire because it relies on proposed fees on China-linked vessels that will hurt domestic ship operators and ports, industry executives will tell the US Trade Representative at hearings this week.

Trump's fees on Chinese ships will hurt US companies, maritime executives to tell hearing

Technology stocks led Wall Street's surge on Monday after signs the Trump administration is taking a measured approach on tariffs against its trading partners.

Wall Street surges as tariff optimism boosts tech stocks

Dayang Enterprise Holdings Bhd (KL:DAYANG) said the group has secured three work orders from Petronas Carigali Sdn Bhd for the provision of accommodation workboat vessels.

Dayang wins workboat jobs from Petronas Carigali; EPF reemerges as substantial shareholder

President Donald Trump will tout plans by Hyundai Motor Co to invest US$20 billion (RM88.68 billion) in the US, as the South Korean automaker moves to boost production on American soil and avoid his tariff threats, according to a person familiar with the matter.

Trump to highlight Hyundai plans for US$20 bil US investment, Bloomberg reports

US President Donald Trump's administration is likely to exclude a set of sector-specific tariffs while applying reciprocal levies on April 2, Bloomberg News and the Wall Street Journal reported, citing officials.

US may exclude sector-specific tariffs on April 2, reports say, but situation fluid

US business activity picked up in March, but growing fears over import tariffs and deep government spending cuts continued to weigh on sentiment and prospects for the rest of the year.

US business activity rises in March, but sentiment deteriorates further

Capital A Bhd (KL:CAPITALA) on Monday said the cut-off date to dispose of its short-haul aviation business worth RM6.8 billion to its sister company AirAsia X Bhd (KL:AAX) has been extended for the second time, to May 30.

Cut-off date for AAX's takeover of Capital A’s aviation assets extended again, to May 30

The Indonesian government confirmed a US$20 billion (RM88.67 billion) commitment from rich nations to help it shut polluting coal plants and transition to cleaner energy sources remains in place, despite the US exit from the agreement.

Indonesia confirms US$20 bil climate deal despite US exit

The government is drafting a robust national strategy to face any eventualities, including the establishment of the National Geoeconomic Command Centre (NGCC), said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Zafrul: Govt drafting national strategy, including establishment of geoeconomic command centre to strengthen economy 

Kawan Renergy Bhd (KL:KENERGY) reported a 17.3% year-on-year (y-o-y) increase in net profit for the first quarter ended Jan 31, 2025 (1QFY2025), rising to RM4.93 million from RM4.2 million last year, mainly driven by higher gross margins in its industrial process plants.

Kawan Renergy kicks off FY2025 with 17% net profit growth on improved margins

Ge-Shen Corp Bhd (KL:GESHEN) and Tex Cycle Technology (M) Bhd (KL:TEXCYCL) were among top losers in Monday’s morning session.

Counters related to businessman Keh Chuan Seng under selling pressure

Bank Negara Malaysia (BNM) is set to pay a record RM5.25 billion dividend to the government this year, following a surge in net profit to RM13.16 billion for the financial year ended Dec&nbsp;31, 2024 — the highest on record since 1997.

BNM to pay record RM5.25b dividend to govt as profits hit 27-year high in 2024

Shares in Hong Kong billionaire Li Ka-shing’s CK Hutchison Holdings Ltd&nbsp;rallied after one of his sons was invited to a high-profile summit in Beijing over the weekend amid the company’s controversial sale of its ports in Panama.&nbsp;

CK Hutchison stock jumps as Li Ka-shing’s son gets China invite

Shares of Zensho Holdings Co, which operates Japanese restaurant chain Sukiya, fell as much as 7.1% on Monday, the most since Feb&nbsp;13, after the firm said a customer had found a dead rodent in its miso soup.

Rodent found in miso soup prompts plunge in Sukiya owner’s stock in Japan

Malaysia is planning to tighten regulations on semiconductors under pressure from the US, the Financial Times reported citing Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia to tighten semiconductor trade regulations under US pressure, Zafrul says in FT interview

IJM Corp Bhd (KL:IJM) remains positive about its business outlook and the potential to secure tendered projects, according to its chief financial officer (CFO) Datuk Edward Chong Sin Kiat, despite recent online allegations casting a pall over the company.

IJM remains confident in project prospects despite online allegations, says CFO

Shares of MMAG Holdings Bhd (KL:MMAG) tumbled as much as 17.5 sen or 22.44% to 60.5 sen in evening trade on Monday, triggering Bursa Malaysia Securities' suspension of intraday short selling for the remainder of the day.

MMAG's share price plunges more than 15%, intraday short selling suspended

PENANG Turf Club (PTC) — the largest piece of prime real estate on the island — is to be broken into several parcels and sold separately to make it more feasible, as well as to attract a bigger pool of potential purchasers, sources tell The Edge.

A previous bid to sell PTC via a call fo...

Penang Turf Club to be sold in parcels — sources

Jack Ma-backed Ant Group Co&nbsp;used Chinese-made semiconductors to develop techniques for training artificial intelligence (AI)&nbsp;models that would cut costs by 20%, according to people familiar with the matter.

Jack Ma-backed Ant touts AI breakthrough on Chinese chips, Bloomberg reports

Malaysia may face heightened and recurring supply shocks going forward, the central bank warned, but argued that any monetary policy response is only needed if the risks worsen or intensify.

Malaysia may face heightened and recurring supply shocks, BNM flags

Malaysian retail group Macrovalue is set to acquire all Cold Storage and Giant supermarkets in Singapore in a deal valued at S$125 million (RM414 million).

Malaysia's Macrovalue to acquire Cold Storage and Giant supermarkets in Singapore for RM414 mil

Analysts are positive&nbsp;that Resorts World Las Vegas (RWLV), a subsidiary of Genting Bhd (KL:GENTING), will retain its non-restricted gaming licence after paying a hefty fine&nbsp;to the Nevada Gaming Control Board (NGCB).

Analysts positive on Resorts World Las Vegas retaining licence despite hefty Nevada fine

The Court of Appeal on Monday has recorded a consent judgment between the federal government and AwanBiru Technology Bhd’s unit Prestariang Skin Sdn Bhd, where the government has agreed to pay Prestariang a sum of RM201.477 million within three months and withdraw its appeal for a stay of the Kuala Lumpur High Court’s decision last year that ordered it to pay RM231.55 million.

Government settles with Awantec subsidiary Prestariang Skin, agrees to pay RM201m over termination of immigration control system project

Artificial intelligence (AI) advances are fuelling a funding frenzy for data centres in Asia, spawning a series of record-breaking loans and filling the pipeline with even more potential deals.&nbsp;

AI boom turns Asian data centres into magnets for loan deals

DBS Group's incoming CEO Tan Su Shan is open to "bolt-on" acquisitions, and will focus on boosting the Singaporean lender's high-return businesses such as wealth and transaction banking.

DBS' new CEO Tan open to 'bolt-on' acquisitions

VS Industry Bhd’s (KL:VS) earnings are likely to decline this year amid subdued consumer electronics demand, which is expected to persist, and delays in earnings contributions from its Philippines venture, analysts flagged.

VS Industry faces earnings decline amid weak demand and delays in contributions from Philippine venture — analysts

Borneo Oil Bhd (KL:BORNOIL) said its indirect subsidiary Borneo Oil (Sabah) Sdn Bhd (BOS) has secured a licence from Petroliam Nasional Bhd (Petronas) as a Sabahan vendor.

Borneo Oil chosen as Petronas’ Sabah vendor, teams up with Chinese firm to bid for drilling projects

Former director general of Public Service (KPPA) Tan Sri Mohd Khairul Adib Abd Rahman has emerged as a substantial shareholder in NexG Bhd (KL:NEXG) — formerly Datasonic Group Bhd — with a 6.11% indirect stake.

Former Public Service DG emerges as substantial shareholder in NexG, chairman Hanifah now largest shareholder

KUALA LUMPUR (March 24): Moody’s Ratings has assigned an A2 rating to Petronas Capital Ltd’s proposed US dollar-denominated senior unsecured notes under its medium-term note (MTN) programme, which is guaranteed by national oil company Petroliam Nasional Bhd (Petronas).

Moody’s assigns A2 rating to Petronas Capital’s US dollar notes, citing strong credit profile

Construction and infrastructure giant IJM Corp Bhd (KL:IJM) is a well-managed company not known for courting controversy. It was, therefore, a big surprise when social media posts and a UK-based news portal made allegations connecting it to the Malaysian Anti-Corruption Commission (MACC) investigation into former prime minister Datuk Seri Ismail Sabri Yaakob over the discovery of RM170 million kept in a safe house.

Akash Sriram & Harshita Mary Varghese