Xiaomi Corp raised about US$5.5 billion (RM24.4 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

Chinese IT services company Unisplendour Corp has picked BNP Paribas SA, China Merchants Bank International and CSC Financial Co for its planned second listing in Hong Kong, people familiar with the matter said.

Unisplendour said to tap banks for US$1 bil Hong Kong listing — Bloomberg

Contemporary Amperex Technology Co Ltd (CATL) is poised to hire Bank of America Corp, China International Capital Corp (CICC), CSC Financial Co, and JPMorgan Chase & Co as lead arrangers for a second listing in Hong Kong this year, according to people familiar with the matter.

EV battery maker CATL poised to pick banks for US$5b Hong Kong share sale

THE ringgit’s outperformance among Asian currencies last year may be harder to repeat this year, with some currency traders weighing the possibility of Bank Negara Malaysia trimming interest rates to bolster growth dragged lower by US-led retaliatory tariffs. That is despite a consensus still fir...

The State of the Nation: Ringgit watchers weigh odds of Fed rate and OPR cuts in 2025 

CoreNet Global, a US-based non-profit association for corporate real estate professionals headquartered in Atlanta, Georgia, has appointed a new CEO to lead the organisation. CoreNet Global represents nearly 10,000 members in 50 countries, including Malaysia, with strategic responsibility for the...

CoreNet Global’s new CEO aims to drive digital transformation, growth

HOLIDAY Villa Hotels & Resorts Sdn Bhd recently purchased Crown Regency Serviced Suites Kuala Lumpur, sources say. The Edge has been given to understand that Holiday Villa acquired 82% of the strata units within the 31-storey building for an undisclosed amount from a sole vendor who has not b...

Holiday Villa buys Crown Regency serviced suites, say sources

COMPETITION for the contract to develop and operate the Johor Bahru (JB) elevated autonomous rapid transit (e-ART) is set to heighten as another consortium is said to be throwing its hat into the ring.

SMH Rail Sdn Bhd, a producer of train locomotives in Malaysia, is believed to have pa...

Bidding for Johor Bahru’s e-ART intensifies with SMH Rail poised to join the fray

Perak has emerged as Malaysia’s number one producer of sweet corn for two years, with a production of 17,716 metric tons in 2023, Perak Agriculture Department director Norsiyenti Othman said.

Perak emerges as Malaysia's No 1 sweet corn producer

Local authorities (PBTs) and petty traders must play their respective roles with full trust and responsibility for the sake of harmony and mutual interests, said Minister of Housing and Local Government Nga Kor Ming.

Local authorities, petty traders must follow the law for mutual benefit, says Nga

BURSA Malaysia Securities Bhd will be bustling this week, with delegations from three companies making their debut, starting with Wawasan Dengkil Holdings Bhd on Tuesday (March 25), followed by Chemlite Innovation Bhd the following day and HI Mobility Bhd on Friday (March 28).

Wawasan D...

IPO Watch: A busy week for Bursa with three IPOs lined up

A company auditor lost RM1.29 million after falling victim to a non-existent investment scheme offered via WhatsApp, said Pahang police chief Datuk Seri Yahaya Othman.

Company auditor loses RM1.29m to investment scam

CK Hutchison Holdings Ltd shares dropped the most in nearly two weeks after reports that Hong Kong billionaire Li Ka-shing is considering delaying the signing of a controversial deal to sell the company’s Panama Canal ports to a consortium including BlackRock Inc.

CK Hutchison shares fall as Li Ka-shing said to mull Panama ports deal delay

EXCHANGE-traded funds (ETFs) have garnered widespread popularity in developed markets like the US and Europe, thanks to their cost-effectiveness, liquidity and diversification benefits.

In Malaysia, ETFs are still a relatively underutilised investment option. The first ETF listed on Bur...

Why ETFs are unpopular in Malaysia

CK Hutchison Holdings Ltd&nbsp;shares dropped the most in nearly two weeks after reports that Hong Kong billionaire Li Ka-shing is considering delaying the signing of a controversial deal to sell the company’s Panama Canal ports to a consortium including BlackRock Inc.

Thai police on Sunday arrested four Chinese nationals for unlawfully entering the site of an under construction building that collapsed after a powerful earthquake in the Chatuchak district&nbsp;here, in an attempt to retrieve documents.

Four Chinese nationals detained for illegally entering Bangkok disaster zone to 'retrieve documents'

Volvo Car AB tapped its long-time chief executive officer Hakan Samuelsson to retake the helm, as the Swedish automaker tries to navigate its way out of a malaise worsened by looming US tariffs.

Volvo Car brings back Samuelsson as CEO to steer turnaround

A company auditor lost RM1.29 million after falling victim to a non-existent investment scheme offered via WhatsApp, said Pahang police chief&nbsp;Datuk Seri Yahaya Othman.

US President Donald Trump said he wouldn’t rule out seeking a third term in the White House, telling NBC News in a phone interview on Sunday that “there are methods” that would&nbsp;allow him to do so.&nbsp;

Trump won’t rule out seeking third term as US president, says there are ways

US President Donald Trump said he plans to start his reciprocal tariff push with “all countries”, tamping down speculation that he could limit the initial scope of tariffs set to be unveiled on Wednesday, April 2.&nbsp;

Trump says reciprocal tariffs set to start with all countries

Thai Prime Minister Paetongtarn Shinawatra topped the list of the citizens’ choice for running the country as most locals support the ruling Pheu Thai Party’s policies, according to an opinion poll.

Thai PM Paetongtarn’s support climbs to 30.9% in poll

Gold started the week with a fresh record high, ahead of US President Donald Trump’s expected latest tariff barrage that’s heightened concern of a global trade war.

Gold rises to record as trade-war concerns drive haven demand

Human Resources Minister&nbsp;Steven Sim Chee Keong has never appointed any individual as his adviser.

Sim denies having adviser with 'Tan Sri' title

Asian leaders face tough decisions as US President Donald Trump’s&nbsp;reciprocal tariffs&nbsp;pose a generational challenge to a region whose economies were built around exports to the US and a world of low trade barriers.

Asia braces for historic test of export model from Trump tariffs

US&nbsp;President Donald Trump said he is considering “secondary tariffs” on Russian oil if Vladimir Putin refuses a ceasefire with Ukraine, while saying he doesn’t think the Russian president will “go back on his word”.

Trump threatens Russian oil penalties in bid to persuade Putin to accept ceasefire

World share&nbsp;markets&nbsp;were in a tailspin on Monday after US&nbsp;President Donald Trump said tariffs would essentially cover&nbsp;all countries, stoking worries a&nbsp;global&nbsp;trade war could lead to a recession.

Stocks, oil slide, bonds and gold buoyed as tariffs fan recession fears

Goldman Sachs Group Inc&nbsp;economists now expect the Federal Reserve (Fed) will cut interest rates three times this year as US President Donald Trump’s tariffs weigh on economic growth and drive up unemployment.

Goldman sees more Fed cuts this year as tariffs dent growth

GLOBAL financial markets have not been in a good shape since the start of the year. And for more than five months now, foreigners have been net sellers of equities on Asian emerging markets. Last week, a sudden sharp fall in Indonesian stocks raised the alarm about the faltering economic outlook ...

Weak regional sentiment to linger amid Indonesian and Thai market rout, say analysts

US President Donald Trump said a deal with TikTok's Chinese parent ByteDance to sell the short video app used by 170 million Americans would be struck before a deadline on Saturday, April 5.

Trump says TikTok sale deal to come before April 5 deadline

As South Korea prepares to lift a 17-month ban on short selling, market watchers are expressing confidence that long-term benefits from the resumption of the popular trading practice will far outweigh any near-term volatility.

South Korea's short-selling resumption set to entice global funds

The King, Sultan Ibrahim Sultan Iskandar, and&nbsp;the Queen,&nbsp;Raja Zarith Sofiah, performed Aidilfitri prayers at the Federal Territory Mosque in Kuala Lumpur&nbsp;on Monday, in conjunction with the Hari Raya Aidilfitri&nbsp;1446H/2025M celebrations.

King, Queen perform Aidilfitri prayers at Federal Territory Mosque

BURSA Malaysia Securities Bhd will be bustling this week, with delegations from three companies making their debut, starting with Wawasan Dengkil Holdings Bhd on Tuesday (March 25), followed by Chemlite Innovation Bhd the following day and HI Mobility Bhd on Friday (March 28).

Wawasan D...

US President Donald Trump said he expects consumers to migrate to US-made cars if automakers raise prices in response to the 25% tariffs on all imported vehicles and parts that he has vowed to impose.&nbsp;

Trump hopes new tariffs send buyers to American cars

The deadly&nbsp;Myanmar earthquake&nbsp;is set to hurt foreign tourist arrivals to Thailand in the coming weeks, the latest blow to an industry already reeling from dwindling Chinese visitors worried about travel safety.

Julia Fioretti & Dave Sebastian