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One of the most popular ETFs in emerging markets is quickly falling out of favour after a stellar two-year run as investors reassess the outlook amid global growth concerns and simmering trade tensions.

Hottest emerging ETF sees record outflows as China gains

Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday.

LSH Capital, Matrix Concepts, Symphony Life, Gamuda, Gas Malaysia, Kim Loong, United Malacca, MyNews, Marine & General, Dayang, Nestcon, Solarvest, Rohas Tecnic, Bintai Kinden

All citizens in this country must understand and respect each other and accept diversity to forge a united country.

National Unity Minister Datuk Aaron Ago Dagang said that instilling unity is not only the government's responsibility, but it is a shared responsibility.

People need to understand each other for a united nation

PMCK Bhd, a Kedah-based healthcare services provider, said on Wednesday that it has secured approval from Bursa Malaysia for its ACE Market listing.

Healthcare services company PMCK gets Bursa's nod for ACE Market listing

State-owned Agrobank, or Bank Pertanian Malaysia Bhd, announced on Wednesday its target for net financing growth of between RM1.5 billion and RM1.6 billion in 2025. This growth will be driven by increased support for agricultural sectors, in line with the National Agrofood Policy.

Agrobank targets stronger growth in 2025 with RM1.6b net financing expansion

With Malaysia taking on the Asean chairmanship for 2025, it has the opportunity to play a more proactive role in empowering disaster management in the region, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Malaysia can play more proactive role in strengthening disaster management, says Ahmad Zahid

Cuckoo International (MAL) Bhd, en route to the Main Market, is looking at double-digit growth in income from rental of its products partly backed by an expansion in its offerings.

Cuckoo International sees growth in product rental income as offerings expand

The benchmark S&P 500 and the tech-heavy Nasdaq declined in choppy trading on Wednesday, with investors exercising caution as they awaited economic data and clarity on the Trump administration's fresh tariffs that are expected to take effect next week.

S&P 500, Nasdaq decline as investors assess tariff outlook

US Defense Secretary Pete Hegseth texted the start time for a planned killing of a Houthi militant in Yemen on March 15 as well as other details of imminent waves of US airstrikes, according to a screenshot of a text chat released by The Atlantic on Wednesday.

Pentagon's Hegseth texted planned time of targeted killing of Yemeni militant

United Parcel Service Inc (UPS) is launching a new tool for online shoppers to automatically see the added cost of tariffs that are increasingly flummoxing international shippers.

UPS is launching a tool to make it easier for shoppers to see added cost of tariffs

Affin Bank Bhd (KL:AFFIN) may come under investors' microscope for its weakening capital position amid above-industry loan growth.

Affin Bank may come under investors' scrutiny for weakening capital position, RHB flags

PUTRAJAYA (March 26): The Court of Appeal (COA) has upheld on Wednesday the forfeiture of RM3.2 million worth of luxury cars, jewellery, handbags, watches, and foreign and local currency, worth more than RM3.2 million, from former Johor executive council member Datuk Abd Latif Bandi and eight others.

Appellate court upholds RM3.2m forfeiture of valuables from ex-Johor exco, real estate agent

(March 26):&nbsp;Billionaire Ong Beng Seng will&nbsp;plead guilty&nbsp;at a later date than originally expected in a case related to a former Singapore government minister who was jailed for obtaining gifts from the property tycoon.

Billionaire Ong’s Singapore guilty plea delayed on doctor’s report

Matrix Concepts Holdings Bhd’s (KL:MATRIX)&nbsp;long-serving group managing director Ho Kong Soon, 58, is resigning to pursue personal endeavours.

Matrix Concepts group MD Ho Kong Soon to step down on April 1

Singaporean ride and delivery firm Grab Holdings Ltd is in talks to raise a loan of as much as US$2 billion (RM8.85 billion) to back its potential takeover of Indonesia-based rival GoTo Group Inc, according to people familiar with the matter.

Grab seeks up to US$2 bil loan for potential takeover of GoTo

Gamuda Bhd (KL:GAMUDA) reported a 4.8% year-on-year increase in net profit for the second fiscal quarter thanks to domestic construction projects, particularly the Penang land reclamation works.

Gamuda says to sign several 'imminent' large contracts, as 2Q profit grows 4.8%

At least two research&nbsp;houses upgraded their call on Alliance Bank Malaysia Bhd (KL:ABMB), after its share price dropped to a more attractive valuation, amid a proposed rights issue aimed at supporting the banking group's growth.

Analysts upgrade Alliance Bank, say selldown 'overdone' amid proposed rights issue

KUALA LUMPUR (March 26):&nbsp;China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has honoured 18 local vendors, including consultants and subcontractors, with the Excellence Award 2024, in recognition of their outstanding contributions to the East Coast Rail Link project (ECRL).

CCC-ECRL recognises excellence of 18 local vendors for outstanding contributions to ECRL project

UOB Kay Hian Securities (M) Sdn Bhd has appointed Anne Leh as its new CEO effective March 28.

UOB Kay Hian appoints Anne Leh as new CEO

KUALA LUMPUR (March 26): Hong Leong Investment Bank (HLIB) sees the ban on online optical device and contact lens sales in Malaysia as a boost for Focus Point Holdings Bhd (KL:FOCUSP).&nbsp;

Online sales ban on eyewear to benefit Focus Point, says HLIB

Malaysia Airports Holdings Bhd (MAHB), which was taken private earlier this year, is reviewing the Kuala Lumpur International Airport (KLIA) Master Plan and putting brick-and-mortar expansion on hold in favour of rebuilding older assets to eke out capacity.

KLIA Master Plan under review, brick-and-mortar expansion on hold — MAHB

Indonesian authorities will hand over more land that has been seized in probes into illegal palm plantations to the new state company Agrinas Palma Nusantara, officials said on Wednesday, as part of a push to clean up the industry's global image.

Indonesia steps up handing confiscated palm plantations to state company

FIVE years have passed since the Covid-19 pandemic rattled the world, with lockdowns starting in March 2020 that brought almost all economic activities to a standstill.

The unprecedented global health crisis triggered panic and equity routes. On March 19, &nbsp;a day after the first mov...

Special Report: Penny stock fever rose as billions poured into market

Gas Malaysia Bhd (KL:GASMSIA) has announced a final dividend of 10.28 sen per share, payable on June 26, 2025, following a 15.12% increase in its annual net profit to RM441.39 million for the financial year ended Dec 31, 2024.

Gas Malaysia declares final dividend of 10.28 sen per share 

Solarvest&nbsp;Holdings&nbsp;Bhd’s&nbsp;(KL:SLVEST) unit Atlantic Blue Sdn&nbsp;Bhd&nbsp;has&nbsp;secured an engineering, procurement, construction, and commissioning (EPCC) contract from SV Flux Sdn&nbsp;Bhd,&nbsp;an indirect unit of Penang Development Corp (PDC),&nbsp;worth RM103.08 million.

Solarvest secures RM103m EPCC contract from Penang Development Corp unit

Property developer and construction firm Lim Seong Hai Capital Bhd (LSH Capital) (KL:LSH) on Wednesday said it plans to rejuvenate the 10-acre area around KL Tower into an integrated destination for tourism, retail and cultural engagement.

LSH Capital plans to transform 10-acre KL Tower area into a tourism, retail and cultural destination

The Johor-Singapore Special Economic Zone (JS-SEZ) marks a historic milestone in Malaysia-Singapore relations, aiming to create a seamless economic corridor between the two nations, encompassing key districts in Johor including Johor Bahru, Iskandar Puteri, Pasir Gudang, Pontian, Kulai, and Kota Tinggi. The JS-SEZ is strategically positioned to enhance cross-border trade, investment, and innovation.

Johor-Singapore Special Economic Zone as a regional growth catalyst

Cuckoo International (MAL) Bhd, en route to the Main Market, is looking at double-digit growth in income from rental of its products partly backed by an expansion in its offerings.

China is running a trade surplus that the world economy can’t “live with,” former US president Bill Clinton’s top trade official said, warning its exports would face new roadblocks without fixing the domestic causes fuelling the imbalances.

China’s trade surplus too big to accept, ex-top US official says

Concerns are mounting over potential US restrictions on semiconductor exports, which could disrupt supply chains and impact Malaysia’s trade balance, according to the Asean+3 Macroeconomic Research Office (AMRO).

Timothy Achariam, Tarani Palani, Izzul Ikram & Hafiz Yatim

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