A weekly round-up of tanker and dry bulk market (March 21, 2025)

Baltic Exchange shipping updates: March 21, 2025

A weekly round-up of tanker and dry bulk market (March 14, 2025)

Baltic Exchange shipping updates: March 14, 2025

A weekly round-up of tanker and dry bulk market (March 7, 2025)

Baltic Exchange shipping updates: March 7, 2025

A weekly round-up of tanker and dry bulk market (Feb 28, 2025)

Baltic Exchange shipping updates: Feb 28, 2025

A weekly round-up of tanker and dry bulk market (Jan 31, 2025)

Baltic Exchange shipping updates: Feb 21, 2025

A weekly round-up of tanker and dry bulk market (Feb 14, 2025)

Baltic Exchange shipping updates: Feb 14, 2025

A weekly round-up of tanker and dry bulk market (Feb 7, 2025)

Baltic Exchange shipping updates: Feb 7, 2025

Baltic Exchange shipping updates: Jan 31, 2025

A weekly round-up of tanker and dry bulk market (Jan 24, 2025)

Baltic Exchange shipping updates: Jan 24, 2025

A weekly round-up of tanker and dry bulk market (Jan 17, 2025)

Baltic Exchange shipping updates: Jan 17, 2025

WHILE bus operators may be perceived to be operating in a sunset industry, especially given the lower number of active vehicle permits for buses in 2023 compared to pre-pandemic levels, certain companies are not only enduring but even continue to thrive.

Main Market-bound HI Mobility Bh...

HI Mobility seen to thrive in efforts to boost cross-border transport in Greater Johor and beyond 

HSBC Holdings plc expects to double down on investment banking operations in Asia and the Middle East after exiting key business in Europe and the US, chief executive officer Georges Elhedery said.

HSBC CEO targets Asia, Middle East growth after revamp

Ever since AstraZeneca plc shocked investors in October with news its China chief was under investigation, the British pharmaceutical giant has tried to maintain a business-as-usual stance in its second-biggest market.

AstraZeneca seeks to move past China probe with Beijing R&D hub

Japan's cabinet has decided to impose a 95.2% anti-dumping duty on China's graphite electrode exports for four months as a provisional measure effective on March 29, the government announced on Tuesday.

Japan to put 95.2% duty on China graphite electrodes from Saturday

Oil prices rose on Tuesday for a fifth day on concerns global supply will tighten after the US announced tariffs on countries that buy Venezuelan crude.

Oil rises for fifth day on supply concerns after Venezuela tariffs

China and India are likely to try to interfere in the Canadian general election on April 28, while Russia and Pakistan have the potential to do so, the country's spy service said on Monday.

Canada says China and India may seek to meddle in election

PUTRAJAYA (March 25): The Ministry of Communications on Tuesday announced a one-time Rahmah incentive rebate for more than 127,000 Royal Malaysia Police (PDRM) personnel, in conjunction with the 218th Police Day celebration.

Communications Ministry collaborates with telco providers to offer one-time Rahmah rebate for police officers

A Tokyo court ordered the dissolution of a religious group whose fundraising methods and ties with ruling party politicians came under scrutiny following the assassination of former Prime Minister Shinzo Abe more than two years ago.

Tokyo court orders dissolution of church linked to Abe Murder

South Korea's Hyundai Steel will invest US$5.8 billion (RM25.7 billion) along with Hyundai Motor Group to build a steel plant in the US state of Louisiana with an annual capacity of 2.7 million tonnes, the company said in a regulatory filing on Tuesday.

Hyundai Steel unveils US factory plan, shares skid

China has narrowed the artificial intelligence (AI) development gap with the US to just three months in some areas, because firms such as DeepSeek have worked out how to use chips and apply algorithms more efficiently, Lee Kai-fu, the chief executive officer of Chinese start-up 01.AI, said.

DeepSeek narrows AI gap with US to three months, ex-Google China head says

SINGAPORE (March 25):&nbsp;A Singapore luxury mansion has been purchased at a record price per square foot by a scion of the family which backs one of Malaysia’s largest banks.

Public Bank heir buys Singapore mansion for record US$70m — Bloomberg

Construction services firm Wawasan Dengkil Holdings Bhd (KL:DENGKIL) fell nearly immediately below its initial public offering (IPO) price in its ACE Market trading debut on Tuesday.

Wawasan Dengkil slips after flat open on ACE Market debut

YTL Communications Sdn Bhd signed a memorandum of understanding (MOU) with laser communications technology company Transcelestial to bring cutting-edge technology solutions to businesses in Malaysia by enhancing connectivity and artificial intelligence (AI) capabilities across the nation.

YTL Communications collaborates with Transcelestial to bring laser-based wireless technology to Malaysia

(March 25):&nbsp;Samsung Electronics Co, Ltd&nbsp;co-chief executive officer Han Jong-Hee, who is credited for growing the Korean conglomerate into the world’s top electronics company, has passed away. He was 63.

Samsung Electronics co-CEO passes away of heart attack at 63

Prime Minister Datuk Seri Anwar Ibrahim on Tuesday revealed that the digital system of Malaysia Airports Holdings Bhd (MAHB) was recently attacked by hackers demanding a ransom payment of US$10 million (RM44.39 million).

PM reveals attack on MAHB digital system with hackers demanding US$10 mil

Alibaba Group Holding Ltd chairman Joe Tsai warned of a potential bubble forming in data centre construction, arguing that the pace of that build-out may outstrip initial demand for artificial intelligence (AI) services.

Alibaba’s Tsai warns of ‘bubble’ in AI data centre build-out

Analysts have flagged US “Liberation Day” reciprocal tariffs as a key risk to Malaysia’s economic outlook after Bank Negara Malaysia’s (BNM) better-than expected projections for the economy.

US 'Liberation Day' tariffs a key risk to Malaysia’s economic outlook — analysts

Asian stocks rose on Tuesday, taking cues from the Wall Street, as the prospect of narrower-than-feared&nbsp;US&nbsp;tariffs&nbsp;boosted risk appetite, while the dollar hovered near three-week highs after upbeat&nbsp;economic data&nbsp;provided some comfort.

Asian stocks rise on easing tariff worries; dollar perks up

Xiaomi Corp&nbsp;raised about US$5.5 billion (RM24.4&nbsp;billion) in an upsized share sale, as the Chinese tech firm capitalises on a surge in its stock price to help raise funds to expand its electric-vehicle (EV) business.

Xiaomi raises US$5.5 billion in upsized follow-on share sale in Hong Kong

KUALA LUMPUR (March 25): Cypark Resources Bhd (KL:CYPARK) is poised for a significant revenue boost in its fourth quarter after receiving government approval to nearly triple the tipping fee at its Negeri Sembilan waste-to-energy (WTE) facility.&nbsp;

The Ministry of Housing and Local G...

Cypark set for 4Q bumper revenue after securing landmark tipping-fee hike — analysts

KUALA LUMPUR (March 25): Indonesia will likely charge ahead with its biodiesel mandate, which will keep palm oil prices elevated this year as supply in the market shrinks, said RHB Research.

Indonesia unlikely to back down on B40 biodiesel mandate, helping sustain elevated palm oil prices, says RHB

Nearly four years after Cahya Mata Sarawak Bhd (KL:CMSB) conducted an independent review of certain projects and investments that cleared current deputy chairman Datuk Seri Mahmud Abu Bekir Taib and former chief information officer Karl Vink @ Khalid Abdullah of any conflict of interest, the two are once again in the spotlight. This time, they are named in a lawsuit filed by the company.

Cahya Mata Sarawak suit: Abu Bekir Taib-Karl Vink connection back in the spotlight

HSBC Holdings plc expects to double down on investment banking operations in Asia and the Middle East after exiting key business in Europe and the US, chief executive officer Georges Elhedery said.

HOUSTON/NEW YORK (March 24): A liquefied natural gas (LNG)&nbsp;tanker&nbsp;is expected to arrive in Canada on April 1,&nbsp;to start cooling down LNG Canada's plant in Kitimat, British Columbia, considered the final step before the plant begins production of the superchilled gas.

Petronas’ joint venture LNG Canada to start cooldown of plant next week in final step before first LNG

KUALA LUMPUR (March 25): Tradeview Capital Sdn Bhd — a boutique fund management company licensed by the Securities Commission Malaysia (SC) — has on Tuesday announced a distribution of a 7.03 sen dividend per unit for its flagship fund, the Tradeview Sustainability Fund (TSF), after logging an 18.8% return in the financial year ended Dec 31, 2024.

Tradeview Capital delivers 18.8% return on ESG fund in 2024, announces 7.03 sen dividend

Stocks saw one of their best sessions of the year, with the Nasdaq 100 adding 2.2%, amid signs US trade sanctions will be narrower than feared, including a suggestion by US President Donald Trump that some countries will get breaks. Bonds fell alongside gold. The dollar wavered.

US stocks power risk-on rally on Trump tariff signals

AHAM Asset Management Bhd (AHAM Capital) announced that Bursa Malaysia had approved its request to suspend trading of two of its exchanged traded funds (ETF), which will take effect on Wednesday, March 26.

Bursa approves AHAM Capital's request to suspend trading of two ETFs for delisting

Shares of Master-Pack Group Bhd (KL:MASTER), a paper packaging manufacturer, rallied to a new record high on Tuesday in highly active trade.

Master-Pack extends rally to new record high in active trade

Vietnamese tycoon Truong My Lan is working to pay back hundreds of millions in stolen bank funds as her appeal hearing against a life sentence for charges including money laundering gets underway on Tuesday.

Vietnamese mogul scrambles to pay back bondholders as appeal against life sentence starts

Cathie Wood’s Ark Investment Management LLC remains bullish on Tesla Inc&nbsp;and expects the stock will hit US$2,600 (RM11,541.40) in five years, or almost 10 times its current price.