Shein Group Ltd lowered US retail prices this week after the Trump administration temporarily cut duties on Chinese imports, as the online fashion retailer moves to win back consumers scared away by recent tariff-induced price hikes.

Shein lowers prices to lure back US shoppers after tariff cut

Geely Automobile Holdings Ltd, the Hong Kong-listed unit of billionaire Li Shufu’s sprawling auto empire, said first-quarter profit surged as sales climbed and it continued on a cost-cutting drive to stay on top of China’s ultra-competitive car market.

Geely profits surge on record sales as reshuffle underway

Japan’s biggest carmakers are looking at a hit of more than US$19 billion (RM81.5 billion) from US President Donald Trump’s tariffs that have left the global auto industry reeling.

The industry’s top brands warned of a weaker financial performance this year, or withheld guidance altogether, as they tallied up the potential cost of Trump’s ever-changing policies on imports of cars and auto parts. The impact is likely to linger for years as the uncertainty spurs carmakers to re-think their North American investment and production.

Analysis: Japanese carmakers face US$19b hit from Trump’s tariffs

Seventeen Republican lawmakers urged the Commerce Department to prohibit further sales of equipment from TP-Link Systems Inc, a Wi-Fi router maker whose links to China have raised concerns and prompted investigations in the US.

US lawmakers urge ban on China-linked router maker TP-Link

Singapore private home sales fell for a second month as demand for new projects dimmed at a time when trade tensions are fuelling unease about the economic outlook.

Singapore home sales fall for second month as demand weakens

Venture firm Spark Capital saw a gain of about US$530 million (RM2.27 billion) this week when eToro Group Ltd went public, according to people familiar with the matter — the culmination of an early bet it placed on the Israeli start-up 15 years ago.

eToro's IPO nets Spark Capital US$530m gain from early bet

Hong Kong’s biggest property developer Sun Hung Kai Properties Ltd sold out the first batch of homes for a new project within hours, as the lowest mortgage rates in more than two years lured buyers.

Hong Kong’s top developer sells out homes in hours as rates fall

Jiangsu Hengrui Pharmaceuticals Co has started taking investor orders for a Hong Kong listing that could raise as much as HK$9.9 billion (US$1.3 billion or RM5.4 billion), the latest significant deal to boost the financial hub’s share-sale recovery.

Hengrui Pharma seeks up to US$1.3b in Hong Kong listing

The UK is drawing up plans for a special visa for foreigners who invest significant sums in Britain, as Prime Minister Keir Starmer’s government seeks to blunt the economic blow from recent tax hikes and wider curbs on work permits.

UK mulling new investor visa targeting key strategic industries, Bloomberg reports

Sanofi said it will invest at least US$20 billion (RM85.76 billion) in the US through 2030, joining other pharmaceutical companies boosting their American operations as US President Donald Trump threatens to impose tariffs and cut prices on drugs.

Sanofi to invest at least US$20b in US through 2030

Washington’s sanctioning of a Singapore-based oil-services company has sent ripples through the local trading community, while renewing a focus on the clandestine supply chain that moves Iranian oil to China.

US sanctions against oil-cargo inspector jolt Singapore traders

(May 15): US House Speaker Mike Johnson defended US President Donald Trump’s plans to receive a luxury jet from Qatar, saying he doesn’t think the gift raises ethics concerns.

House Speaker Johnson defends Trump’s plan to accept Qatar’s luxury plane

Apple Inc is developing a feature for its Vision Pro headset that lets users scroll through software with their eyes, aiming to enhance the device with a novel interface.

The eye-scrolling capability is being tested as part of visionOS 3, an upcoming version of the Vision Pro’s operating system, according to people with knowledge of the matter. Already, the headset lets users navigate the software by looking at objects and then selecting them by pinching their fingers.

Apple developing feature that lets Vision Pro users scroll with their eyes, Bloomberg reports

Economic growth in Thailand likely slowed in the first quarter, weighed down by subdued private investment, weaker household consumption and a drop in tourism, according to a Reuters poll of economists.

Thai growth likely slowed in first quarter on weak investment and consumption

Russian President Vladimir Putin criticised a United Nations probe that found his country culpable for the downing of Malaysia Airlines flight MH17, which killed all 298 passengers and crew in 2014.

Putin criticises MH17 probe in meeting with Anwar

theedgemalaysia.com highlighted six stocks with momentum. Two stocks showed positive momentum, and four stocks showed negative momentum at Bursa Malaysia's noon break on Thursday.

Stocks with momentum on May 15, 2025: Trive Property, GIIB, Harvest Miracle Capital, Steel Hawk, FGV, Magma

The High Court on Thursday struck out an originating summons (OS) by former Malaysian Merchant Marine Bhd (MMM) executive deputy chairman Datuk Ramesh Rajaratnam, who was challenging the constitutionality of several provisions of the Capital Market Services Act 2007 (CMSA).

High Court strikes out ex-MMM deputy chairman’s originating summons to challenge constitutionality of Capital Market Services Act

Police have arrested Datin Seri Pamela Ling Yueh’s husband to assist in investigations over her disappearance but failed to get a remand order for him from the courts.

Police arrest husband of abducted Pamela Ling

IN the wee hours of the morning on April 24, hours before the market opened at Bursa Malaysia, a WhatsApp message on Bina Puri Holdings Bhd (KL:­BPURI) was being circulated. The message read, “Bank suing, originating summons on Bina Puri. Exim RM20 million. Can’t settle.”

That Thursday ...

Cover Story: Bina Puri in the spotlight

BINA Puri-Warrant B is generally thinly traded, with periods of no transactions being a common occurrence. This trend persisted for most of the first quarter this year.

In late April, however, after seeing 12 consecutive sessions of inactivity, the warrants experienced a sudden surge in...

Cover Story: What happened in the trading of Bina Puri shares and Warrant B on April 24 

ACCORDING to the electronic records that Datuk Z provided to The Edge, the fraudulent trades were executed primarily as the market opened on March 11, targeting two Hang Seng Index put warrants: HSI-PWD4 and HSI-PWDU.

According to a public notice from their issuer — the same foreign inv...

Cover Story: How the March 11 trades made using Datuk Z’s online trading account unfolded 

(May 15): The Malaysian government has asked Bangladesh to review and withdraw “unsubstantiated allegations” of wrongdoing in labour migration between the two countries, to improve Malaysia’s rating in an annual US report on human trafficking.

Malaysia asks Bangladesh to withdraw probes on ‘unsubstantiated allegations’ of migrant labour issues — Bloomberg

Sunway Real Estate Investment Trust (KL:SUNREIT) rose on Thursday to a new record high, following a strong start to 2025 with a 20% year-on-year increase in its first-quarter net property income (NPI).&nbsp;

Sunway REIT climbs to new record high after 1Q surprise

KUALA LUMPUR (May 15): MSCI Malaysia Small Cap Index’s latest rebalancing could result in selldown of up to RM146 million in the six stocks to be removed, according to CIMB Securities’ estimates.

MSCI Malaysia Small Cap Index review could result in RM146m selldown — CIMB

Crude palm oil (CPO) prices and Malaysian palm oil refiners could see gains following Indonesia’s decision to raise its CPO&nbsp;and refined palm oil export levies, according to RHB Investment Bank.

CPO prices, Malaysian refiners may gain from Indonesia’s palm oil export levy hike — RHB

KUALA LUMPUR (May 15): Malaysian banks can absorb potential credit risks from US tariffs on borrowers, with a “hefty” RM4.86 billion management overlay — a key buffer used by banks to guard against future loan losses — serving as a shield, according to CGS International.

Malaysian banks have RM4.86b buffer to withstand credit risks from US tariffs — CGS International

Thailand's&nbsp;ambassador to Malaysia, Lada Phumas, has suggested that the East Coast Rail Link (ECRL) project, which starts in Kota Bharu, be extended to the Sungai Golok border to enhance rail connectivity between Malaysia and Thailand.

Thai envoy suggests extending ECRL to Sungai Golok to boost trade

Stocks in Asia fell on Thursday for the first time in five sessions as the rally on Wall Street sparked by US-China trade talks showed signs of exhaustion.

Asian stocks, US futures fall as rally loses steam

Police have arrested Datin Seri Pamela Ling Yueh’s husband to assist in investigations over her disappearance but failed to get a remand order for him from the courts.

Malaysia’s national oil company Petroliam Nasional Bhd, or Petronas, said it has signed a production sharing contract for gas and condensate fields in Turkmenistan.

Petronas signs contract for natural gas production in Turkmenistan

Russian President Vladimir Putin criticised a United Nations probe that found his country culpable for the downing of Malaysia Airlines flight MH17, which killed all 298 passengers and crew in 2014.

Genting Singapore has reported earnings of S$145 million (RM479.17 million) for the first quarter ended March 31, 2025 (1QFY2025), down 41% year-on-year (y-o-y). Quarter-on-quarter (q-o-q), earnings grew 2%.

Genting Singapore’s 1Q earnings down 41% to S$145m; CEO Tan Hee Teck retires

Oil prices fell by about US$2 on Thursday on expectations of a potential US-Iran nuclear deal that could result in sanctions easing, while a surprise build in US crude oil inventories last week heightened investor concerns about oversupply.

Oil slides 3% on expectations for US-Iran nuclear deal

PUTRAJAYA (May 15): Regardless of labels attached to the 2022 purported leaked “judgement” in Datin Seri Rosmah Mansor’s graft trial, the conclusion that she was guilty in the documents raises concerns and is pertinent in the dispensing of justice, the Court of Appeal (COA) heard on Thursday.

Research or opinion, ‘leaked documents’ on Rosmah’s graft trial should not have been in judgement format, defence argues

KUALA LUMPUR (May 15): A total of 76 houses in Taman Matang Jaya, Sungai Buloh, Selangor, sustained various types of damage after being struck by flying gravel fragments from a nearby quarry during a blasting operation on Tuesday (May 13).

Quarry blasting causes damage to 76 houses in Sungai Buloh

The White House said US President Donald Trump had secured deals totalling more than US$243.5 billion (RM1.04 trillion) with Qatar, laying the groundwork for a bigger US$1.2 trillion economic pledge with the tiny Gulf country.

US announces more than US$243b in deals with Qatar

Wall Street’s epic rebound from April’s meltdown is showing signs of exhaustion on speculation stocks have run too fast amid risks stemming from a trade war to an economic slowdown and sticky inflation.

S&P 500 rally wavers as buyer fatigue kicks in

Discussions between Malaysia and the US regarding reciprocal tariffs have so far proceeded smoothly, with many issues being resolved while some require further scrutiny, particularly those related to the country’s strategic sectors.

Malaysia-US tariff negotiations going smoothly, many issues can be resolved, says Zafrul

Starbucks Corp&nbsp;has contacted private equity firms, technology companies and others as it considers options for its China business, including a possible stake sale, according to people familiar with the matter.

Starbucks said to start process to revamp vast China business

Britain plans to allow state-owned investors to own up to 15% of British newspaper publishers, the government said on Thursday, as part of media reforms that could end long-running uncertainty over ownership of the Telegraph newspaper.

UK to allow foreign states to own a 15% stake in newspapers

HSBC plans to cut 348 jobs in France through a voluntary redundancy scheme, amounting to about 10% of its workforce in the country, the bank said on Wednesday.

HSBC to cut 10% of its workforce in France

(May 15):&nbsp;The Malaysian government has asked Bangladesh to review and withdraw “unsubstantiated allegations” of wrongdoing in labour migration between the two countries, to improve Malaysia’s rating in an annual US&nbsp;report&nbsp;on human trafficking.

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