Nippon Steel Corp shares slumped on Friday on a report that the company is considering investing as much as US$7 billion (RM31.03 billion) to upgrade US Steel Corp facilities if it wins approval for its proposed US$14.1 billion takeover.

Nippon Steel slumps on report it could invest US$7b in US Steel facilities

(March 2): Languishing global prices today mask a very different future for the world’s most-consumed source of power.

Coal’s four-year lows hide a coming global supply squeeze

Constellation Energy Corp surged after it agreed to acquire closely held Calpine Corp for US$16.4 billion (RM73.83 billion) to create the largest fleet of US power stations.

Shares of Constellation climbed as much as 23% in New York trading. Constellation will pay a mixture of cash and stock, and assume about US$12.7 billion of Calpine’s net debt in the deal, the companies said on Friday in a statement.

Constellation Energy surges after agreeing to buy Calpine for US$16.4 bil

Constellation Energy Corp has signed a pair of deals with the US government to provide more than US$1 billion (RM4.47 billion) of electricity and services, enough to fund upgrade projects that will boost capacity at the country’s biggest nuclear fleet. The shares surged.

Constellation Energy signs US$1 bil power deal with US govt

Nintendo Co shares have soared to a series of records in anticipation of its Switch 2 console, making the upcoming reveal of the gadget’s details a potential watershed.

Stakes high for Switch 2 after Nintendo’s stock valuation surges

KUALA LUMPUR (April 2): theedgemalaysia.com highlighted five stocks with momentum. Three stocks showed positive momentum while two stocks showed negative momentum at Bursa Malaysia's noon break on Wednesday.

The stocks with positive momentum were:


	Pappajack Bhd (KL:P...

Stocks with momentum on April 2, 2025: Pappajack, MHC Plantations, Malaysia Smelting Corp, Leong Hup, Velocity Capital

KUALA LUMPUR (April 2): Telecommunications network solutions provider OCK Group Bhd (KL:OCK), whose share price dropped to its lowest in more than one year last Friday (March 28), said the recent earthquake in Myanmar has only caused limited damage to its tower network, with only four sites affected and no disruption to service.

OCK Group says Myanmar quake caused minimal damage, only four towers affected

China kicked off its first-ever sale of a green sovereign bond, as it looks to raise as much as RMB6 billion (RM3.67 million) in an offering it plans to list in London.

China’s government is selling its first sovereign green bond

Professional bodies on Wednesday urged a comprehensive review of safety measures for fire-prone facilities near residential areas, following a Petronas gas pipeline breach that caused a massive blaze on Tuesday, injuring hundreds and damaging numerous properties.

Gas pipeline blaze: Professional bodies call for thorough review of safety measures, better risk management 

A focus on growing revenue has paid off for Duopharma Biotech Bhd (KL:DPHARMA), which reported its highest annual revenue on record last year.

After rising costs and softer demand sent its net profit down 25% in 2023, the country’s largest generic drug manufacturer by market share is ba...

Duopharma Biotech back on growth path as focus on revenue pays off

Asian stocks wavered on Wednesday, while safe-haven gold held near record highs as a nervous world awaited details of US President Donald Trump's tariff plans and investors fretted about the risks of an intensifying global trade war.

Stocks tread with caution as Trump's tariff plans loom 

China highlighted US farmers and tech companies as beneficiaries of economic ties in the ruling Communist Party’s official newspaper, in an apparent appeal to cool trade tensions on the eve of Donald Trump’s expected announcement of new global tariffs.

China touts trade benefits for US in last-ditch tariff appeal

Kotak Alternate Asset Managers Ltd aims to raise up to US$2 billion (RM8.9 billion) for a new private credit fund to tap the growing demand for such products in India, according to its CEO.

India’s Kotak targets US$2b for new private credit fund

The Trump administration’s plan to challenge China’s maritime dominance and usher through a change in the shipbuilding industry will likely be a decades-long effort, according to the chief of the Port of Los Angeles.

Trump’s bid to weaken China’s maritime heft may take ‘decades’

Petronas Gas Bhd (KL:PETGAS) and Gas Malaysia Bhd (KL:GASMSIA) opened marginally lower after a trading halt on the shares were lifted, following the gas leak fire that occurred in Putra Heights, Selangor, on Tuesday.

Gas pipeline blaze: Petronas Gas, Gas Malaysia’s shares open marginally lower after trading halt 

KUALA LUMPUR (April 2): An analyst has flagged a minimum RM18 million impact to Petronas Gas Bhd (KL:PETGAS) following a gas leak fire in Putra Heights on Tuesday. As a result, trading in Petronas Gas shares was halted for an hour until 10am on Wednesday.&nbsp;

Gas pipeline blaze: MIDF flags potential RM18m impact to Petronas Gas

KUALA LUMPUR (April 2): T7 Global Bhd's (KL:T7GLOBAL) shares dropped to a two-year low on Wednesday, prompting a suspension of intraday short-selling after the oil and gas services firm announced the departure of its executive deputy chairman.

T7 Global drops to two-year low, triggers short-selling halt after deputy chairman's departure

Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.

Digital banks in Malaysia urged to re-examine strategies to better serve B40 segment

KUALA LUMPUR (April 1): The police will look into allegations that the gas pipeline fire at Jalan Putra Harmoni, Putra Heights Subang Jaya, Selangor was caused by digging at the Petroliam Nasional Bhd (Petronas) reserve land.

Police to look into allegations that digging caused gas pipeline fire

KUALA LUMPUR (April 2): Yinson Holdings Bhd’s (KL:YINSON) slipped on Wednesday after the oil and gas services firm announced weaker than expected results, while analysts tamper their optimism for the stock’s upside.

Yinson's shares slip, analysts tell investors to look past underwhelming results

Malaysia’s manufacturing conditions moderated slightly in March as new orders eased the most in a year and production fell, latest data showed.

Malaysia's manufacturing conditions moderate slightly in March amid muted demand, PMI data shows

KUALA LUMPUR (April 1): The scene at Putra Heights, Subang Jaya, resembled a war zone following a gas pipeline fire that broke out at 8.10am on Tuesday.

Putra Heights gas fire scene like a war zone

SINGAPORE (April 2): The Land Transport Authority (LTA) has awarded a street-hail service operator licence (SSOL) to GrabCab, a subsidiary of Grab Rentals and sister company of GrabCar, which holds a ride-hail service operator licence (RSOL) and a car-pool service operator licence (CSOL). &nbsp; &nbsp;

Grab obtains Land Transport Authority licence to operate taxis in Singapore

(April 2): China Inc’s outlook has brightened after a campaign to revive consumption delivered a strong earnings season, one that may offer local stocks a much-needed cushion as they brace for US tariffs.

China’s improving profits may help soften tariff blow for stocks

KUALA LUMPUR (April 1): Petroliam Nasional Bhd (Petronas) has committed to working closely with relevant ministries and agencies to channel timely and meaningful support to the families impacted by the fire incident near Putra Heights, Puchong, Selangor.

Petronas to work with authorities to support those affected by Putra Heights fire incident

(April 2): A rally in the world’s largest tech companies lifted stocks as investors brushed off weak economic readings to focus on prospects for interest-rate cuts ahead of US President Donald Trump’s tariff rollout.

US stocks get late boost from tech as tariffs loom

WASHINGTON (April 2): US Defense Secretary Pete Hegseth has reinforced US&nbsp;military capability in the Middle East with more warplanes, the Pentagon said on Tuesday, amid a more than two-week-old US bombing campaign in Yemen and mounting tensions with Iran.

As Iran tensions build, US military moves warplanes to reinforce Middle East

Asian stocks wavered on Wednesday, while safe-haven gold held near record highs as a nervous world awaited details of US President Donald Trump's tariff plans and investors fretted about the risks of an intensifying global trade war.

Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India, according to the Malaysian Palm Oil Council (MPOC).

MPOC sees palm oil prices stabilising in near term amid rising demand from India 

(April 2): The race is far from over, but the Asia Pacific (Apac) has come out of the blocks much faster than the US and Europe in dealmaking activity this year.

Bankers get boost in Asia Pacific as M&A growth tops US, Europe

Australian Foreign Minister Penny Wong urged universities to seek greater research cooperation with partners outside the US following the Trump administration’s threat of funding cuts to the sector.

At least seven Australian universities are facing a potential reduction in funding after they received lengthy questionnaires from the US government asking how their projects aligned with President Donald Trump’s domestic and foreign policy priorities. Industry group Universities Australia said the change could affect as much as A$600 million ($377 million) in research funding.

Australia urges universities to diversify research away from US

Chicago Federal Reserve Bank president Austan Goolsbee on Tuesday said while the "hard" data show the underlying US economy is solid, the labour market strong, and inflation down from its peak in 2022, the imposition of a broad new set of tariffs under President Donald Trump could lead to renewed inflation or an economic slowdown.

Hard data shows US economy solid, but there is fear around tariffs — Fed's Goolsbee

Al-Aqar Healthcare Real Estate Investment Trust (KL:ALAQAR) faces risks of an earnings decline with the proposed renewal of leases for five key properties, CIMB Securities flagged on Wednesday.

Al-Aqar REIT faces earnings risks with lease renewal of key properties, acquisition — analysts

(April 2):&nbsp;Walmart Inc&nbsp;is continuing to push Chinese suppliers to cut prices to offset US President Donald Trump’s tariffs,&nbsp;even after Beijing officials&nbsp;summoned&nbsp;the US retailer’s executives last month to discuss the issue, according to people familiar with the matter.

Will Wade

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Will Wade

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌