The Covid-19 pandemic has been bad for the economy but glove makers have seen a bonanza. The share prices of the big four glove makers listed on Bursa Malaysia have surged between 116% and 539% in the first five months of the year, lifting their stock valuations to all-time highs.

Crazy rich glove makers

SINCE the start of the Covid-19 outbreak early this year, listed rubber glove makers have been hogging most of the limelight in the market.

Their superb share price performance has greatly increased the fortunes of Kuan Kam Hon, Tan Sri Dr Lim Wee Chai, Tan Sri Lim Kuang Sia and Datuk S...

Cover Story: Two men with the Midas touch

THE ample liquidity in the global financial system has distorted investors’ risk tolerance, leading to stock valuations reaching nosebleed territory, given the still-weak fundamentals. Many commentators have now labelled the rise in stock prices as the FOMO (fear of missing out) rally.

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Cover Story: Stretched

KUALA LUMPUR, (March 16): PKR information chief Datuk Fahmi Fadzil announced his candidacy on Sunday for the party’s vice-president post in the party elections in May.

Fahmi to contest PKR vice-president post

SINGAPORE (March 16): Singapore has established a taskforce to help Singaporeans and local businesses seize opportunities and reap the benefits of the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link.

Singapore sets up taskforce to seize opportunities from RTS Link

KUALA LUMPUR (March 16): Prime Minister Datuk Seri Anwar Ibrahim has urged the Economy Ministry to prioritise 10 key projects in Negeri Sembilan, particularly those related to flood mitigation.

Anwar urges focus on key projects in Negeri Sembilan, including Tuanku Jaafar Hospital 2

KUCHING (March 16): The interpretation of the law, including the quota of parliamentary seats in Sabah and Sarawak and the continental shelf, is expected to be finalised at the Malaysia Agreement 1963 Implementation Action Council  (MTPMA63) this May.

MA63: Interpretation of parliamentary seat quota, continental shelf to be finalised in May — Fadillah

KUALA LUMPUR (March 16): A civil servant was arrested in Ops Outlander, an operation targeting a syndicate involved in late birth registration, on suspicion of accepting bribes ranging from RM10,000 to RM15,000 for each birth certificate issued.

Ops Outlander: Civil servant held for receiving bribes of up to RM15,000 for birth certificates

PARIS (March 16): The stationing of peacekeeping troops in Ukraine, as proposed by Britain and France as part of a ceasefire agreement with Russia, is a question for Kyiv to decide and not Moscow, French President Emmanuel Macron said in an interview.

Not for Russia to decide on peacekeepers in Ukraine, Macron says

ATLANTA/BENGALURU (March 16): Tornadoes killed at least 33 people across several states in the US Midwest and Southeast on Saturday (March 15) night, CNN reported.

Tornadoes strike US South, killing 33 people amid rising risk, CNN says

3R issues: Police to submit investigation paper to AGC on Monday

3R issue: Police to submit investigation paper to AGC on Monday 

Nestled in the heart of Kuala Lumpur, TRX Residences is setting unprecedented standards for world-class, integrated urban living with a seamless blend of convenience, sustainability and connectivity.

TRX Residences: A masterpiece of integrated urban living in Kuala Lumpur

SHAH ALAM (March 16): DAP hopes that the government would amend the Federal Constitution within the next two years, to limit the tenure of the prime minister to 10 years.

Loke: DAP wants Federal Constitution to be amended to limit PM’s tenure to 10 years

SHAH ALAM (March 16): Bagan member of Parliament (MP) Lim Guan Eng has been named the Democratic Action Party’s (DAP) adviser after securing a seat in the party’s Central Executive Committee (CEC) in what was widely regarded as one of the fiercest contests in the party’s history.

Guan Eng named DAP adviser, Gobind Singh appointed party’s national chairman

SHAH ALAM (March 16): DAP will relax the conditions on its elected representatives to receive awards or honours from sultans or state governors.

DAP to ease conditions on accepting awards, titles for elected reps, says Loke

SINGAPORE (March 16): With the legal fight within the board of City Developments Ltd (CDL) put behind, the company will give shareholders a proper account, according to group chief executive officer Sherman Kwek.

CDL will give shareholders a proper account, says group CEO Sherman Kwek

HONGKONG/BEIJING/BENGALURU (March 16): Chinese President Xi Jinping has declined an invitation to visit Brussels for a summit to mark the 50th anniversary of EU-China diplomatic ties, the Financial Times (FT) reported on Sunday.

China's Xi declines EU invitation to anniversary summit, FT reports

WASHINGTON/ADEN, Yemen (March 15): US&nbsp;President Donald Trump launched large-scale military strikes against Yemen's Iran-aligned Houthis on Saturday over the group's attacks against Red Sea shipping, killing at least 31 people at the start of a campaign expected to last many days.

Trump launches large-scale strikes on Yemen's Houthis, at least 31 killed

KUALA LUMPUR (March 16): The "major reshuffle" of the Democratic Action Party (DAP) Central Executive Committee (CEC) was aimed at giving more leaders the opportunity to showcase their abilities, said party secretary general Anthony Loke Siew Fook.

DAP leadership’s 'major reshuffle' aims to showcase more party leaders, says Loke

KUALA LUMPUR (March 16): The government remains committed to implementing the institutional reform agenda, including a proposed amendment to the Federal Constitution to cap the prime minister's term at 10 years.

Anwar: Reform agenda to be implemented carefully, to avoid failure due to haste

SHAH ALAM (March 16): DAP&nbsp;hopes that the government would amend the Federal Constitution within the next two years, to limit the tenure of the prime minister to 10 years.

FRANKFURT (March 16): The pay package of UBS chief executive officer&nbsp;Sergio Ermotti came in just above 15 million Swiss francs (US$17 million, or RM75.56 million) in 2024, Swiss daily Blick reported, not citing where it obtained the information.

UBS CEO Ermotti to receive US$17 mil paycheque for 2024, Swiss daily Blick reports

PARIS (March 16): The stationing of peacekeeping troops in Ukraine, as proposed by Britain and France as part of a ceasefire agreement with Russia, is a question for Kyiv to decide and not Moscow, French President Emmanuel Macron said in an interview.

ATLANTA/BENGALURU (March 16): Tornadoes killed at least 33 people across several states in the US&nbsp;Midwest and Southeast on Saturday (March 15) night, CNN reported.

3R issues: Police to submit investigation paper to AGC on Monday&nbsp;

KUALA LUMPUR, (March 16): PKR information chief Datuk Fahmi Fadzil announced his candidacy on Sunday for the party’s vice-president post in the party elections in May. &nbsp;

KUALA LUMPUR (March 16): A civil servant was arrested in Ops Outlander, an operation targeting a syndicate involved in late birth registration, on suspicion of accepting bribes ranging from RM10,000 to RM15,000 for each birth certificate issued.

SINGAPORE (March 16): Singapore has established a taskforce to help Singaporeans and local businesses seize opportunities and reap the benefits of the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link.

KUALA LUMPUR (March 16): Prime Minister Datuk Seri Anwar Ibrahim has urged the Economy Ministry to prioritise 10 key projects in Negeri Sembilan, particularly those related to flood mitigation.

KUCHING (March 16): The interpretation of the law, including the quota of parliamentary seats in Sabah and Sarawak and the continental shelf, is expected to be finalised at the Malaysia Agreement 1963 Implementation Action Council &nbsp;(MTPMA63) this May.

Lee Weng Khuen, Liew Jia Teng and Jenny Ng