Li Shufu, the billionaire behind one of the world’s largest automobile empires, has been doing some soul-searching.

Geely billionaire goes on a cost-cutting spree to catch rivals

Malaysia’s aviation industry is set to recover and establish a solid foundation for continued growth and expansion, in line with total recovery of the region’s airline sector.

Malaysia's aviation on solid foundation for expansion on back of 'total regional recovery', says PM

Trumpianomics: The Art of Coercion

theedgemalaysia.com highlighted five stocks with momentum. One stock showed positive momentum, and four stocks showed negative momentum at Bursa Malaysia's noon break on Friday.

Stocks with momentum on March 21, 2025: Seal, MMAG, Perak Transit, Pecca, Velocity Capital

Boeing Global president Brendan Nelson has announced that the company will increase its Malaysian workforce by 20% over the next two years, reinforcing its commitment to the country’s aerospace industry.

Boeing to increase Malaysian workforce by 20% as part of expanded partnership with Malaysia Airlines

Britain's Heathrow Airport said it would be closed all of Friday after a huge fire at a nearby electrical substation wiped out power, disrupting flight schedules around the world.

The London Fire Brigade said around 70 firefighters were tackling the blaze in the west of London, which caused a mass power outage at Heathrow, Europe's busiest and the world's fifth-busiest airport.

Huge fire closes UK's Heathrow Airport, global flight schedules disrupted

Malaysia Airlines’ parent Malaysia Aviation Group Bhd (MAG) is acquiring another 30 new Boeing aircraft for the second stage of its fleet renewal strategy.

Malaysia Airlines’ parent opts for 30 new Boeing aircraft for second stage of fleet renewal

(March 20): PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in China despite deep discounts and government stimulus to boost spending.

While government stimulus measures an...

Temu-owner PDD Holdings' revenues hit by intense China competition and challenges abroad

Nestlé (Malaysia) Bhd (KL:NESTLE) on Friday broke ground for a RM250 million integrated logistics hub in Port Klang.

The facility is designed to function as a regional hub, facilitating product exports to over 60 countries and sourcing imported raw materials, Nestle Malaysia said in a statement. The hub is expected to be fully operational by the first quarter of 2026 and create over 200 new jobs, it said.

Nestlé Malaysia breaks ground for RM250m regional logistics hub in Port Klang

(March 20): FedEx Corp lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as President Donald Trump imposes tariffs on trading partners.

"...

FedEx cuts full-year results forecast on 'uncertainty' in economy, bad weather

The US stock market’s downward trend appears to be continuing, with the Dow Jones Industrial Average and the S&P 500 down 4% and 6%, respectively, this year. And this is just one of many signals that should prompt any sensible business leader, investor, or policymaker to start preparing for a...

The New Global Economy: Signs of a US Recession

Shares of Lim Seong Hai Capital Bhd (KL:LSH) fell 17% on its first-ever trades on the ACE Market after the construction firm raised RM168.08 million as part of its transfer from the LEAP Market.

Lim Seong Hai Capital opens 17% lower on ACE Market debut

Top Glove Corporation Bhd (KL:TOPGLOV) will likely turn in smaller-than-expected profits for fiscal 2025, analysts said while flagging rising risk from Chinese rivals.

Top Glove faces rising risks from Chinese rivals, analysts flag after weaker-than-expected 2Q

Asian stocks inched lower on Friday in a subdued end to the week as deepening geopolitical worries and fears over US tariffs and their impact on the global economy curbed investors appetite for risk, keeping safe-haven gold near record highs.

Asian stocks slip as growth, tariff worries weigh

The Bank of Thailand, which has long resisted interest-rate cuts despite immense political pressure, may end up having to embark on the region’s most aggressive easing cycle as a sluggish economy takes a turn for the worse, according to analysts.

Thailand may yet embark on Southeast Asia's most aggressive rate cuts

Malaysia Airlines’ parent Malaysia Aviation Group Bhd (MAG) is acquiring another&nbsp;30 new Boeing aircraft&nbsp;for the second stage of its fleet renewal strategy.

Lembaga Tabung Haji declared a profit distribution rate of 3.25% after zakat for the financial year ended Dec 31, 2024 (FY2024), breaking its previous four-year streak of declaring 3.1%.

Tabung Haji declares 3.25% profit distribution for FY2024

South Korean chemicals companies are racing to tap new markets after racking up hundreds of millions of dollars in losses in the face of a deluge of capacity from China, their biggest market.

South Korean plastics giants struggle as China becomes a rival

Oil advanced after the US ramped up measures to hobble Iran’s crude exports, increasing pressure on Tehran amid a push for a new nuclear accord.

Oil advances as US ramps up sanctions against Iranian crude

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A fresh bout of instability gripped the stock market as concern around the potential impacts of a trade war outweighed the latest housing and jobs data showing the world’s largest economy is still holding up.

US stocks halt Fed-fuelled rally as trade fear lingers

For months, President Prabowo Subianto’s moves to chip away at Indonesia’s long-established economic guardrails have stoked anxiety in markets. This week’s sudden rout suggests investor patience is wearing thin.

Prabowo faces investor revolt over Indonesia’s economic path

GX Bank Bhd, Malaysia’s first digital bank, commands the largest share of customer deposits among operational digital banks with RM2.16 billion deposits as of September 2024, according to RAM Ratings.

GXBank tops digital banking sector deposits with RM2.16 bil as of September 2024 — RAM Ratings

Trump says people that get caught sabotaging Teslas will stand a very good chance of going to jail for up to 20 years, and that includes the funders — Truth Social post

Trump says people that get caught sabotaging Teslas will stand a very good chance of going to jail for up to 20 years, and that includes the funders — Truth Social post

Micron Technology forecast third-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for its high-bandwidth memory (HBM) chips used in AI models, sending its shares up 2% in after-hours trading.

Micron forecasts upbeat quarterly revenue on strong AI memory chip demand

Malaysia’s headline inflation slowed in February 2025 as food prices stabilised while housing and utilities costs moderated, according to official data released on Friday.

Malaysia's February inflation slows as housing, utilities costs moderate, official data show

MSB Global Group Bhd, an aftermarket automotive parts and components distributor, on Friday launched its initial public offering (IPO) that could raise up to RM41.4 million from the ACE Market.

Autopart distributor MSB Global sets ACE Market IPO price at 20 sen per share

Chinese consumer giants dominate next week’s earnings after a survey showed consumers are&nbsp;feeling&nbsp;increasingly optimistic and Beijing&nbsp;outlined plans&nbsp;to revive consumption by boosting incomes.

Pop Mart, Haidilao, Nongfu Spring to set tone for China consumption

Nestlé (Malaysia) Bhd (KL:NESTLE) on Friday broke ground for a RM250 million integrated logistics hub in Port Klang.

The facility is designed to function as a regional hub, facilitating product exports to over 60 countries and sourcing imported raw materials, Nestle Malaysia said in a statement. The hub is expected to be fully operational by the first quarter of 2026 and create over 200 new jobs, it said.

Australia's dominant supermarket chains have benefited from wider profit margins at a time of rapidly increasing shelf prices, the competition regulator said in a new report on Thursday, and called for measures to make the industry fairer.

Australia's supermarkets grew profit margins as living costs soared, says regulator

Britain's Heathrow Airport said it would be closed all of Friday after a huge fire at a nearby electrical substation wiped out power, disrupting flight schedules around the world.

The London Fire Brigade said around 70 firefighters were tackling the blaze in the west of London, which caused a mass power outage at Heathrow, Europe's busiest and the world's fifth-busiest airport.

Linda Lew & Rafaela Lindeberg