UP to end-May, the returns achieved by Kumpulan Wang Persaraan (Diperbadankan) (KWAP) were about two percentage points more than the FBM KLCI’s, says its CEO Datuk Wan Kamaruzaman Wan Ahmad. However, he adds, the pension fund does not intend to take much profit yet.

Instead, KWAP is put...

Cover Story: KWAP shifts money into equities for higher returns  

DATUK Wan Kamaruzaman Wan Ahmad speaks fondly of the work of Fatah Taib, a recent graduate of Universiti Teknologi MARA (UiTM) School of Art. He personally paid RM5,000 for the “nationalistic” piece (in the background), which now hangs in the hallway leading to his office on level 36 of Integra T...

Cover Story: Looking at auction of art collection for charity

KUMPULAN Wang Persaraan (Diperbadankan) (KWAP) is setting up a property arm to undertake development projects as it chases higher returns by putting more money into real estate.

CEO Wan Kamaruzaman Wan Ahmad tells The Edge that the Ministry of Finance has approved the proposed special p...

Cover Story: Pension fund setting up property development arm  

A civil service pay hike is probably bittersweet to Datuk Wan Kamaruzaman Wan Ahmad, CEO of Retirement Fund Inc (KWAP), tasked with growing the fund meant to take over the government’s burgeoning pension liabilities. Every salary increment could negate what little progress KWAP has made in the pa...

Cover Story: A growing pension burden

MOSCOW (April 1): US billionaire tech entrepreneur Elon Musk has replaced French luxury goods tycoon Bernard Arnault as the world's richest billionaire in 2025, according to Forbes' fresh annual list published on Tuesday, reported Sputnik/RIA Novosti.

Musk becomes Forbes’ world’s richest billionaire of 2025

LONDON/TOKYO (April 1): Factories around the world, from Japan to Britain to the United States, saw activity slump in March as businesses braced for new US tariffs, though some saw a bounce in the race to get goods to customers before the new measures hit, global surveys showed on Tuesday.

Factories around the world brace for Trump tariffs

KUALA LUMPUR (April 1): The likelihood of a secondary explosion following the gas pipeline fire in Putra Heights, Subang Jaya on Tueday is very low, according to the Fire and Rescue Department (JBPM).

Gas pipeline blaze: Risk of secondary explosion very low, says Fire Dept chief

NEW YORK/BENGALURU (April 1): US stock indexes dropped on Tuesday, as investors sifted through economic data and braced for sweeping tariff announcements from the Trump administration.

Wall Street falls as tariff fears mount

KUALA LUMPUR (April 1): The Special Malaysia Disaster Assistance and Rescue Team (SMART) has recovered four bodies from the rubble caused by the earthquake in Myanmar's Sagaing region.

Malaysia’s Smart team recovers four bodies from Myanmar earthquake rubble

SUBANG JAYA (April 1): The initial report on the gas pipeline fire incident at Jalan Putra Harmoni, Putra Heights here is expected to be completed within 72 hours, said Selangor Menteri Besar Datuk Seri Amirudin Shari.

Selangor MB: Preliminary report on Putra Heights fire expected to be ready in 72 hours

(April 1): Xiaomi Corp confirmed that one of its SU7 electric vehicles (EVs) was involved in an accident on an expressway in China. Local media reported that three people died in the incident that’s likely to spark scrutiny over the smart driving software deployed in many of today’s cars.

Xiaomi car with driver assistance crashes, three reported dead

SERDANG (April 1): The gas pipeline fire incident on Jalan Putra Harmoni, Putra Heights, Subang Jaya has not involved any fatalities so far, said Health Minister Datuk Seri Dr Dzulkefly Ahmad.

Gas pipeline blaze: No deaths reported — Dzulkefly

(April 1): Newsmax Inc’s debut as a public company has given founder and chief executive officer Christopher Ruddy a fortune of about US$3.3 billion (RM14.64 billion) after its shares surged 735%.

Newsmax founder and ex-NY Post journalist Christopher Ruddy is now a billionaire

KUALA LUMPUR (April 1): The increase in the amount of Sumbangan Asas Rahmah (Sara) financial assistance to RM2,100 that was credited to eligible recipients on Tuesday, compared to RM1,200 last year, has been described as a "Syawal gift".

Sumbangan Asas Rahmah credited on April 1, recipients describe it as Syawal windfall

KUALA LUMPUR (April 1): The increase in the amount of Sumbangan Asas Rahmah (Sara) financial assistance to RM2,100 that was credited to eligible recipients on Tuesday, compared to RM1,200 last year, has been described as a "Syawal gift".

SINGAPORE (April 1): Singapore-listed Capital World Ltd has asked the Malaysian Anti-Corruption Commission (MACC) to release the bank accounts of its subsidiary Capital City Property Sdn Bhd (CCP) that had been frozen to facilitate ongoing investigations, just over a week after it said three employees had been asked to assist investigations.

Singapore’s Capital World says MACC froze its unit CCP’s bank accounts to facilitate ongoing investigations

PUTRAJAYA (April 1): In what is being held as a landmark decision, the Court of Appeal unanimously ruled that company directors who are eligible for re-election, cannot be automatically retired without holding an annual general meeting (AGM), even if the directorship timeframe has lapsed.

Directors cannot be automatically retired without an AGM, Court of Appeal rules

SUBANG JAYA (April 1): Prime Minister Datuk Seri Anwar Ibrahim has announced an immediate financial aid of RM5,000 to owners of homes that were completely destroyed as a result of the gas pipeline fire along Jalan Putra Harmoni Putra Heights, Subang Jaya on Tuesday morning.

Gas pipeline blaze: Immediate financial aid for over 100 affected residents, says PM

KUALA LUMPUR (April 1): Kuala Lumpur Tower concessionaire Lim Seong Hai Capital Bhd (KL:LSH) said its unit LSH Service Master Sdn Bhd (LSHSM) has on Tuesday officially assumed the operation, management, and maintenance of the city’s landmark, which it said remains fully owned by the Malaysian government.

LSH unit assumes management of KL Tower for 20 years until end-March 2045

KUALA LUMPUR (April 1): The second day of the Aidilfitri celebration was disrupted by a gas pipeline fire on Jalan Putra Harmoni, Putra Heights, Subang Jaya on Tuesday, which damaged 190 homes.

Gas pipeline blaze: 190 houses, 159 vehicles damaged

KUALA LUMPUR (April 1): Electricity supply in the Subang Jaya area, Selangor, which was disrupted due to the gas pipeline fire in Putra Heights, has been fully restored.

Gas pipeline blaze: Power supply fully restored in Subang Jaya — TNB

SHAH ALAM (April 1): Selangor Menteri Besar Datuk Seri Amirudin Shari said that 82 victims, including 12 injured, have been rescued in the gas pipeline blaze in Putra Heights, Subang Jaya.&nbsp;

Gas pipeline blaze: 82, including 12 injured rescued — Selangor MB

SINGAPORE (April 1): RHB Singapore, part of Malaysia's fourth biggest bank group RHB Bank Bhd (KL:RHBBANK), said on Tuesday that it has appointed Goh Ken-Yi as its new chief executive officer effective immediately, according to a statement.

RHB Singapore appoints Goh Ken-Yi as CEO

KUALA LUMPUR (April 1): Prime Minister Datuk Seri Anwar Ibrahim has urged the Selangor government and&nbsp;relevant agencies to provide appropriate assistance to those affected by Tuesday morning's gas pipeline blaze in Jalan Putra Harmoni, Putra Heights in Subang Jaya, Selangor.

Gas pipeline blaze: PM urges state govt, relevant agencies to provide assistance

KUALA LUMPUR (April 1): The Civil Aviation Authority of Malaysia (CAAM) has imposed a ban on drone flights in the vicinity of the gas pipeline fire in Putra Heights, Puchong, Selangor.

CAAM: No drones allowed in Putra Heights fire area

(April 1):&nbsp;Xiaomi Corp confirmed that one of its SU7 electric vehicles (EVs) was involved in an accident on an expressway in China. Local media reported that three people died in the incident that’s likely to spark scrutiny over the smart driving software deployed in many of today’s cars.&nbsp;

<h3>Greatech Technology Bhd</h3>

Target price: RM1.95 &nbsp;BUY

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Brokers Digest: Local Equities - Greatech Technology Bhd, Alliance Bank Malaysia Bhd, Kuala Lumpur Kepong Bhd, Malaysian Resources Corp Bhd

LONDON/TOKYO (April 1): Factories around the world, from Japan to Britain to the United States, saw activity slump in March as businesses braced for new US&nbsp;tariffs, though some saw a bounce in the race to get goods to customers before the new measures hit, global surveys showed on Tuesday.

KUALA LUMPUR (April 1): The Department of Environment (DOE) will carry out air quality monitoring following Tuesday morning's gas pipeline fire at Jalan Putra Harmoni in&nbsp;Putra Heights, Subang Jaya, Selangor.

Gas pipeline blaze: Environment Dept to monitor air quality

KUALA LUMPUR (April 1): PLUS Malaysia Bhd (PLUS) has reopened the route from Seafield to Bandar Saujana Putra on the ELITE Highway, which was closed on Tuesday morning following a gas pipeline fire on Jalan Putra Harmoni, Putra Heights, Subang Jaya, Selangor.

Gas pipeline blaze: PLUS reopens Seafield to Bandar Saujana Putra route

<h2>Notable filings</h2>

Notable filings on shareholding changes between March 10 and 14 included that at Kanger International Bhd (KL:KANGER), which saw executive director Wu Wai Kong ceasing to be a substantial shareholder, with the disposal of 51.17 million shares, or a 7% ...

Insider Moves: Kanger International Bhd, HHRG Bhd, EG Industries Bhd, T7 Global Bhd, Sin Heng Chan (Malaya) Bhd 

ALLEGATIONS circulating online against IJM Corp Bhd (KL:IJM) and its leadership last week further weighed on the conglomerate’s share price that was already battered by a heavy sell-off in data centre-linked stocks.

Following last week’s hammering, value appears to have emerged in IJM, ...

Value seen in IJM Corp amid allegations

(April 1): Newsmax Inc’s debut as a public company has given founder and chief executive officer Christopher Ruddy a fortune of about US$3.3 billion (RM14.64 billion) after its shares surged 735%.&nbsp;

Cindy Yeap and Khairie Hisyam Aliman