KUALA LUMPUR: The divestment of assets by government-linked companies (GLCs) and government-linked investment companies is expected to lead to the creation of new oligarchs, where the wealth would be concentrated in the hands of a few “well-connected people”, according to the Institute for Democr...

The ‘well-connected’ seen to benefit from GLCs’ divestments

KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad is still the “de facto” finance minister despite not officially holding the portfolio, as he has consolidated control over key statutory bodies and ministries in the country, according to Institute for Democracy and Economic Affairs (IDEAS) sen...

Dr Mahathir still de facto finance minister — IDEAS

Prime Minister Tun Dr Mahathir Mohamad is still "de-facto" finance minister despite not officially holding the portfolio, as he has consolidated control over key statutory bodies and ministries, says Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Edmund Terence Gomez.

KUALA LUMPUR: If one looks at the recently tabled Budget 2020 from the eyes of millennials and those of the Z generation or Gen Z, as they are called, there appears to be a decent chunk dedicated to them, so much so that Youth and Sports Minister Syed Saddiq Syed Abdul Rahman has termed it a “202...

What Budget 2020 has in store for millennials and Gen Z

Myanmar's junta leader attended a regional summit in Bangkok on Friday, a week after a massive earthquake devastated parts of the impoverished war-torn country, killing more than 3,100, and spurring an appeal for help by the United Nations chief.

Myanmar junta chief joins Bangkok regional summit as earthquake toll tops 3,100

Malaysia, as Asean chair this year, will prioritise the importance of deepening regional economic ties following the announcement of sweeping US tariffs on the bloc’s member nations as well as leading them in engaging Washington in talks to potentially reduce retaliatory tariffs on imports into America.

Amir Hamzah: Asean to seek talks with US on tariff cuts

KUALA LUMPUR (April 4): theedgemalaysia.com highlighted just one stock with negative momentum at Bursa Malaysia’ s noon break on Friday.

Stock with momentum on April 4, 2025: Pappajack

The World Bank set its “dollar-a-day” poverty line using data it published in 1990. Despite many doubts and criticisms, its poverty numbers fell until the Covid-19 pandemic began in 2020.

Cash measures

The Bank claimed credit for reducing poverty in the three decades before ...

My Say: Malnutrition not due to cash poverty alone

SINGAPORE (April 3): Malaysian Prime Minister Datuk Seri Anwar Ibrahim is poised to extend anti-graft commission head Tan Sri Azam Baki’s term, people familiar with the matter said, despite criticism by non-governmental organisations (NGOs) about the appointment process and allegations by politicians and others that the agency practices selective prosecution.

Anwar plans to extend MACC chief Azam Baki’s term — Bloomberg

After a robust FY2024, marked by two consecutive quarters of record revenue performance and a significant surge in share price that reflects strong investor confidence, KPJ Healthcare Bhd is charting a bold new course. Under the leadership of its president and managing director Chin Keat Chyuan, the group is solidifying its position as a leading healthcare provider in Malaysia and the region through focused expansion, innovative services and a strong emphasis on patient-centric care.

KPJ Chief Outlines Bold Plans To Drive Growth fuelled by innovation

Malaysia Smelting Corp (KL:MSC), one of the world’s biggest tin producers, has reported disruptions to deliveries from its Port Klang smelter after a pipeline explosion interrupted gas supply, exacerbating pressure on a market already grappling with global output upheaval.

Malaysia Smelting Corp warns of disrupted tin output after gas blast

Financial markets were gripped by recession fears as stocks extended a punishing global selloff on Friday in the wake of US President Donald Trump's sweeping tariffs, helping drive a rally in US Treasuries and supporting gold near a record peak.

Shares slide, US treasuries rally as Trump tariffs unleash recession fears

Malaysian banks could take a hit from the set of sweeping US tariffs if economic activity decelerates and drags on loan growth while disrupting firms’ cash flow, CIMB Securities warned on Friday.

US tariffs may weigh on Malaysian banks’ loan growth, raise provisions — CIMB Securities

The dollar has wiped out all of its gains since Donald Trump won the presidency in November as a new wave of tariffs upended global markets.

Dollar wipes out post-Trump rally as tariffs upend global growth

(April 3): Intel and Taiwan Semiconductor Manufacturing Co (TSMC) have reached a preliminary agreement to form a joint venture to operate the US chipmaker's factories, the Information reported on Thursday, citing two people involved in the discussions.

Intel, TSMC tentatively agree to form chipmaking joint venture — report

Shares of Greatech Technology Bhd (KL:GREATEC) fell on Friday and extended its decline into a third day amid earnings concerns, following the announcement of US reciprocal tariffs.

Greatech down 7.7% after being flagged as biggest loser in tech stocks following Trump’s new tariffs

WASHINGTON/OTTAWA (April 3): Countries around the world threatened to ratchet up a trade war with the United States on Thursday, as US President Donald&nbsp;Trump's sweeping tariffs ignited fears of steep price&nbsp;increases&nbsp;in the world's largest consumer market.

Trump tariffs provoke world condemnation and fears of a US$2,300 iPhone

New Civil Liberties Alliance, a conservative legal group, on Thursday filed what it said was the first lawsuit seeking to block Donald Trump's tariffs on Chinese imports, saying the US president overstepped his authority.

Trump administration sued over Chinese import tariffs

Financial markets were gripped by recession fears as stocks extended a punishing global selloff on Friday in the wake of US President Donald Trump's sweeping tariffs, helping drive a rally in US Treasuries and supporting gold near a record peak.

KUALA LUMPUR (April 4): Malaysia’s economy may expand at a slower pace than expected this year, as the latest US tariff measures hurt export-oriented factories in the country.

Malaysia’s economy to expand at slower pace, economists race to cut growth forecasts

(April 3): US President Donald Trump on Thursday said that he would consider a deal for&nbsp;TikTok&nbsp;where China&nbsp;agrees to approve&nbsp;the sale of the short video app&nbsp;owned by Byte Dance, in&nbsp;exchange for relief from US tariffs on Chinese imports.

Trump says China could get tariff relief if it approves TikTok deal

WASHINGTON (April 3): Sweeping tariffs announced on Wednesday by US&nbsp;President Donald Trump pose a significant risk to the global economy, at a time when growth has been sluggish, the head of the International Monetary Fund (IMF) said in a statement on Thursday.

IMF chief says US tariffs represent significant risk to global outlook

KUALA LUMPUR (April 4): A slowdown in demand for goods due to US President Donald Trump’s sweeping tariffs is a key downside risk for Westports Malaysia Bhd (KL:WPRTS) in 2025, according to CGS International.

Trump’s tariffs could significantly slow demand for goods, posing downside risk to Westports in 2025 — CGS International

Asia is bearing the brunt of new US tariffs which will drag on regional growth through weaker business investment and sentiment, requiring central banks to step in with more interest-rate cuts, economists reckon.

Asia bears brunt of Trump tariffs, needs monetary policy easing — economists

South Korean President Yoon Suk Yeol was ousted by the Constitutional Court on Friday, which upheld parliament's impeachment motion over his imposition of martial law last year that sparked the country's worst political crisis in decades.

South Korea's President Yoon ousted as court upholds impeachment after martial law 

Malaysian banks could take a hit from the set of sweeping US tariffs if economic activity decelerates and drags on loan growth while disrupting firms’ cash flow, CIMB Securities warned on Friday.

(April 4): Shares in Ansell reversed course on Friday after having tumbled 25% from their February highs in the previous session, as the company unveiled plans to fully offset the tariff increases through pricing.

Aussie glove maker Ansell stands to lose most with Trump's 'Liberation Day' tariffs

KUALA LUMPUR (April 3): A company director lost RM5.5 million after allegedly falling victim to a foreign exchange (forex) transaction scam.&nbsp;

Forex transaction scam: Company director loses RM5.5m

The dollar has wiped out all of its gains since Donald Trump won the presidency in November as a new wave of tariffs upended global markets.

NEW YORK/BENGALURU (April 3): Wall Street benchmarks slumped on Thursday, ending with the largest single-day percentage losses in years, as US President Donald Trump's&nbsp;sweeping tariffs&nbsp;ignited fears of an all-out trade war and a global economic recession.

Wall Street ends with heavy losses as Trump tariffs ignite global recession fears

Blackstone Inc is considering selling of a pair of AirTrunk data centres in Sydney and Melbourne, following its acquisition of the company in December, according to people with knowledge of the matter.

Blackstone said to be mulling sale of two AirTrunk data centres

SHAH ALAM (April 4): Selangor police are investigating an individual for unlawfully using the honorary title Darjah Kebesaran Sultan Selangor "Datuk Seri", said Selangor police chief Datuk Hussein Omar Khan.

Police investigating individual using ‘Datuk Seri’ title on social media

The yield on benchmark treasuries fell briefly below 4% for the first time since October as Wall Street fretted that the US economy will end up worse off from President Donald Trump’s trade war.

US 10-year yield drops below 4% for first time since Trump won

Prices of rice shipped from Thailand declined to an over three-year low this week due to US President Donald Trump's move to impose import tariffs and an existing market surplus, while India's export prices neared a two-year low on subdued demand.

Arjuna Chandran Shankar & Cameron Chong