Global stock markets gained for a second day on Tuesday, spurred by increased optimism about economic stimulus and global recovery, while retail investors retreated from GameStop and their new-found interest in silver.

Global markets buoyant as US stimulus package debate looms

Kering reported on Wednesday a bigger-than-expected decline in first-quarter revenue, the latest set of disappointing results from the luxury group as its star label Gucci continues to struggle amid a worsening economic environment.

Kering reports 14% sales drop in first quarter as Gucci sales slide further 

Treasury Secretary Scott Bessent said that President Donald Trump hasn’t offered to take down US tariffs on China on a unilateral basis.

Bessent says no unilateral US offer to cut tariffs on China

Bank Negara Malaysia will support Malaysia’s Asean chairmanship theme of “Inclusivity and sustainability” by focusing on two areas: Financing for energy transition projects in Asean, and supporting small and medium enterprises (SMEs) in their journey on the low-carbon transition.

These ...

Finance: Bank Negara Malaysia to work with Asean on the green transition

Malaysia is not short of policies and plans to tackle climate change. However, for these initiatives to be effective, climate change and its related impacts must be considered in the country’s public financial management processes.

These are among the suggestions that Marco Larizza, sen...

Climate: World Bank: Malaysia has to strengthen institutions to adapt to climate change

Public-listed companies (PLCs) in Malaysia are now required to use Bursa Malaysia’s Centralised Sustainability Intelligence (CSI) platform as their official sustainability reporting channel. This follows the regulator’s late-March announcement that the CSI platform is fully equipped to support di...

Reporting: Bursa aims to address companies’ sustainability reporting burden

Malaysia’s passing of the Carbon Capture, Utilisation and Storage (CCUS) Bill in March has left many questions unanswered about the bill’s place in contributing to the country’s climate goals. Yet, it is a step forward in implementing a flagship catalyst project under the National Energy Transiti...

Cover Story: Who benefits from CCUS in Malaysia?

US President Donald Trump’s decision to impose tariffs on imports from all countries has sparked concerns about the future of the low-carbon energy transition, as products such as solar panels, battery storage and electric vehicles (EVs) rely heavily on global supply chains.

The global clean energy supply chain

Devoting years of one’s life to repopulating an endangered species, only to see the numbers dwindling until nothing was left, is a terrible outcome to witness.

This was the experience of John Payne, who was part of WWF-Malaysia’s programme to save the Sumatran Rhinoceros in the 1980s. T...

Biodiversity: Keeping the wild banteng alive

When asked how bad the pollution in Kota Kinabalu (KK) was, Marine Research Foundation (MRF) founder and executive director Dr Nicolas Pilcher could not find the words. Instead, he showed ESG a video of MRF’s boat sailing through the rivers of KK, pushing through plastic waste that encompassed th...

Waste: Ray of hope in cleaning up Malaysian seas

Toyota Motor Corp is planning to spend US$88 million (RM386.41 million) at an engine factory in West Virginia to boost production of gas-electric hybrid vehicles, an effort to widen its manufacturing footprint in the US as the Trump administration moves to impose tariffs on auto imports.

Toyota invests US$88m in West Virginia plant to boost hybrid vehicle output

A longtime board member of City Developments Ltd, the property giant controlled by Singapore’s wealthiest family, lashed out at several other directors on Wednesday over a recent feud that rocked the developer and the billionaire Kwek clan.

Singapore Kwek clan’s CDL investor meeting turns acrimonious

Malaysia lost billions in potential income — between 4.00% and 9.49% of its gross domestic product (GDP) in 2025 — by excluding non-citizen children born in the country from formal education, according to a joint policy paper by the Social Wellbeing Research Centre (SWRC) and Unicef Malaysia.

Malaysia lost billions by not educating non-citizens — study

The Kedah government has been alerted to an&nbsp;encroachment along a section of Petronas’&nbsp;gas pipeline route in the Pendang district, believed to have been taking place for several years.

Encroachment detected on Petronas gas pipeline route in Kedah — exco

foodpanda will cease its operations in Thailand next month after more than a decade of losses, local newspaper The Nation reported on Wednesday citing the food delivery platform social media post.

The Thai operations will cease on May 23, 2025, the newspaper reported citing the company’s Thai language post. foodpanda was reported as saying that Thailand’s current market conditions no longer align with the company’s long-term strategy.

foodpanda Thailand calls it quits after 13 years of losses — report

THE fight for control of Kuala Lumpur Tower (KL Tower), one of the world’s tallest telecom towers, has been getting attention lately, in part because its outgoing operator is preventing a smooth transition.

After 29 years, Menara Kuala Lumpur Sdn Bhd (MKLSB) was supposed to cease runnin...

Who will win the tussle over KL’s iconic tower?

Malaysian stocks rose on Wednesday with the benchmark index retaking a key psychological level as potential US tariff relief injected hope of easing trade tensions into Asian markets.

Malaysian stocks climb, KLCI retakes key level amid hope for easing trade tensions

Singapore's PSA International is exploring the sale of its 20% stake in CK Hutchison's ports business, two people with knowledge of the matter said, joining the Hong Kong conglomerate in its controversial plans to sell.

Singapore's PSA weighs selling 20% stake in CK Hutchison's ports business — Reuters

Part of the wall of an international school in Taman Tun Dr Ismail (TTDI) here collapsed following a landslide on Wednesday morning.

Kuala Lumpur Fire and Rescue Department&nbsp;operations commander Azkhan Hamdan said no one was injured in the incident.

School wall collapses in TTDI landslide

Chinese investors sold a near-record amount of Hong Kong stocks on Wednesday, reducing holdings after hopes of easing in trade tension spurred a relief rally.

Chinese investors dump US$2b Hong Kong stocks in rare move

IGB REIT and IGB Commercial REIT reported higher earnings in the first quarter ended March 31, 2025, but warned investors of challenges ahead.

IGB REITs report higher 1Q earnings but warn of challenges ahead

Apple was fined €500 million (US$570 million or RM2.5 billion) on Wednesday and Meta €200 million, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.

Apple, Meta fined as EU presses ahead with tech probes 

Putrajaya Holdings Sdn Bhd, the master developer of Putrajaya, is partnering with Sunway Healthcare Holdings Sdn Bhd, the healthcare arm of conglomerate Sunway Bhd (KL:SUNWAY), to develop a multi-speciality tertiary medical centre in Putrajaya.

Putrajaya Holdings partners Sunway Healthcare to develop advanced medical centre

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

Ramssol, MCE, MN, United Plantations, IGB REIT, IGB Commercial REIT, Axis REIT, AME REIT, Sarawak Consolidated Industries, Iconic Worldwide

United Plantations Bhd's (KL:UTDPLT) net profit rose 22.87% to RM163.26 million in the first quarter ended March 31, 2025 (1QFY2025) from RM132.87 million a year earlier, on higher prices and production enjoyed in the plantation segment.

United Plantations 1Q profit up 22% on upstream boost

Prosecutors in Datuk Kevin Morais' murder case told the Federal Court here that former army doctor Dr R Kunaseegaran was involved in the murder of the deputy public prosecutor, saying witness testimonies presented during the trial had pointed towards his involvement, with revenge as motive.

Witnesses point to doctor's role in Kevin Morais murder, court told

KUALA LUMPUR (April 22): Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday:

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FBM KLCI closes above 1,500-level on April 23, 2025

MN Holdings Bhd (KL:MNHLDG) said it has&nbsp; been appointed by Sunview Group Bhd (KL:SUNVIEW) to supply interconnection facilities for two solar power plant projects in Sungai Petani, Kedah.

MN Holdings to undertake interconnection job for solar power plants in Sungai Petani

The Penang property market was stable in the fourth quarter of 2024 (4Q2024), according to Nawawi Tie Leung Property Consultants Sdn Bhd executive director Saleha Yusoff in presenting The Edge Malaysia | Nawawi Tie Leung Property Consultants Penang Housing Monitor 4Q2024.

“In 4Q2024, th...

The Edge Malaysia | Nawawi Tie Leung Property Consultants Penang Housing Monitor 4Q2024: Market sees stable performance in 4Q2024,   driven by residential sector

KUALA LUMPUR (April 23): The High Court has on Wednesday fixed May 27 to hear an application by several Opposition members of Parliament (MPs), who want to hold a watching brief in the hearing of the merits of former prime minister Datuk Seri Najib Razak’s purported royal addendum that allegedly allows him to serve the remainder of his prison sentence under house arrest.

May 27 hearing for Opposition MPs to hold watching brief in Najib’s addendum hearing

India has started raising&nbsp;palm&nbsp;oil purchases after a lull of five months as a correction in prices has made the tropical oil cheaper than rival soyoil, encouraging refiners to place orders to replenish inventories, four dealers told Reuters.

Tom Arnold & Kane Wu