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Ontario’s premier repeated that he’s willing to shut off electricity exports to the US to send a message to the White House after President Donald Trump said he’ll double tariffs on Canadian steel and aluminium to 50%.

Ontario premier says he’ll cut power exports to US if necessary

American manufacturers are paying much higher prices for aluminium, steel and copper than rival plants overseas, in a trend that’s sapping business confidence and stoking worries about inflation even before tariffs on metals come into effect.

Tariff turmoil leaves US factories paying more for metal than overseas rivals

Communications Minister Datuk Fahmi Fadzil clarified that the RM250,000 compound issued against Maestra Broadcast Network System Sdn Bhd was granted by the deputy public prosecutor under the amended Communications and Multimedia Act 1998 (Act 588), which took effect on Feb 11.

Compound issued to Maestra Broadcast Network System under amended Act 588, says Fahmi

The draft amendments to the Orang Asli Act 1954 (Act 134) are nearly complete and expected to be tabled in Parliament by the middle of next year at the latest, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Amendments to Orang Asli Act expected to be tabled by the middle of next year — Ahmad Zahid

Silver Ridge Holdings Bhd (KL:SRIDGE) said on Tuesday that it is not aware of any corporate development that would have caused the unusual market activity (UMA) in its shares.

Silver Ridge says not aware of reason behind UMA 

Ex-Barclays boss Jes Staley on Tuesday insisted he was shocked by serial paedophile Jeffrey Epstein's 2019 arrest for sex trafficking, though Britain's Financial Conduct Authority (FCA) said that contradicted his evidence in a separate case.

Ex-Barclays CEO Staley insists he was 'shocked' by Epstein's arrest

Oil prices rose less than 1% on Tuesday, helped by weakness in the dollar, although gains were capped as concerns mounted over a US slowdown and the impact of tariffs on global economic growth.

Oil edges higher, but recession fears and tariffs limit gains

Two of the biggest US airlines slashed their financial forecasts and a host of major retailers warned of consumer weakness ahead, adding to concerns about a marked slowdown in spending.

US airlines, retailers provide bleak outlook for consumer demand

The European Commission aims to reduce the European Union's (EU) heavy reliance on countries such as China and India for antibiotics and other widely-used drugs under plans unveiled on Tuesday, though officials said it would be a tough task given cost pressures.

EU plans to cut reliance on Asia for antibiotics, other critical drugs

A brief recap of some business news and corporate announcements that made the headlines on Tuesday.

Sapura Energy, FGV, Capital A, ES Sunlogy, Erdasan, SEGi, KESM, Scientex Packaging, Saliran, Globaltec

Debt-laden Sapura Energy Bhd (KL:SAPNRG) has received a lifeline in the form of a RM1.1 billion investment from the Minister of Finance (Inc) through its special purpose vehicle Malaysia Development Holding Sdn Bhd (MDH).

MOF injects RM1.1 bil to settle Sapura Energy's debts

The Industrial Court has ruled that a company linked to scandal-plagued MYAirline's co-founder Datuk Allan Goh Hwan Hua unjustly dismissed its former chief financial officer (CFO).

Firm linked to MYAirline co-founder Allan Goh unjustly dismissed ex-CFO, rules court

Shares of Pharmaniaga Bhd (KL:PHARMA) have come under&nbsp;selling pressure, with the stock plunging 40% year-to-date, ahead of its shareholders’ meeting on March 20.

Pharmaniaga shares slide amid cash call exercise

Teleport, the logistics arm of Capital A Bhd (KL:CAPITALA), said it is actively seeking funds from private investors to boost its finances for expansion before embarking on an initial public offering (IPO).

Capital A's logistics arm Teleport seeking private funds to support expansion ahead of IPO, says CEO

KUALA LUMPUR (March 11): The Transport Ministry (MOT) has extended the commercial vehicle inspection period to 30 days before the motor vehicle licence (MVL) expiry, up from 14 days, to reduce congestion at inspection centres.

MOT extends commercial vehicle inspection window to 30 days — Loke

FGV Holdings Bhd (KL:FGV) said Bursa Securities has rejected the plantation group's application for a further six-month extension to comply with the public shareholding spread requirement.

Bursa rejects FGV's eighth public spread extension application, sets Sept 10 deadline for compliance

What had been a steady pullback from the US stock market accelerated sharply Monday as investors retreated from virtually every type of risk and economic fear raced across Wall Street.

Markets rocked as Wall Street frets over Trump’s economic impact

Prime Minister Datuk Seri Anwar Ibrahim received a courtesy call from the US ambassador to Malaysia Edgard D Kagan, in Putrajaya on Tuesday evening, where they discussed the long-standing bilateral relations between both nations.

Anwar receives courtesy call from US ambassador

A summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday.

FBM KLCI down 1.06% to 1,520.15 on March 11, 2025

Silver Ridge Holdings Bhd (KL:SRIDGE) said on Tuesday that it is not aware of any corporate development that would have caused the unusual market activity (UMA) in its shares.

Emerging market stocks across Asia dropped in a broad-based selloff on Tuesday, with shares in the Philippines and Singapore leading the decline, as concerns over a US slowdown and potential recession deepened.

Asia stocks fall as US slowdown fears mount

A brief recap of some business news and corporate announcements that made the headlines on Tuesday.

The first stage of Sime Darby Property Bhd's (KL:SIMEPROP) The Nine, Elmina Green, comprising 93 units of freehold double-storey linked houses over ten acres, in the City of Elmina, Shah Alam, have been fully taken-up during a weekend preview held on March 8 and 9.

First stage of Sime Darby Property's The Nine, Elmina Green landed homes fully taken up at preview

Flexible plastic packaging provider Scientex Packaging (Ayer Keroh) Bhd (KL:SCIPACK) posted a 16.61% year-on-year increase in net profit for the second quarter, driven by stronger export sales and an improved sales mix.

Scientex Packaging’s 2Q net profit rises 17% on higher exports and better sales mix

Wall Street's main indices fell in choppy trading on Tuesday after US President Donald Trump announced fresh tariffs on Canada, adding to investor unease that his trade policies could trigger an economic slowdown.

Wall Street declines after Trump's fresh tariffs on Canada

President Donald Trump said he was increasing the steel and aluminium tariff on Canadian goods to 50% to retaliate against Ontario’s move to place a levy on electricity sent to the US.

Trump says he’s doubling tariffs on Canadian steel, aluminium

Erdasan Group Bhd (KL:ERDASAN), formerly known as AT Systematization Bhd, has suspended its executive director, Mak Siew Wei, pending an investigation into possible questionable transactions that occurred in 2020 and 2021.

Erdasan suspends executive director amid probe into dubious transactions

ES Sunlogy Bhd's (KL:SUNLOGY) has been awarded a contract worth RM34 million to develop a 29.99 megawatt (MWac) large-scale solar photovoltaic (LSSPV) system under the Corporate Green Power Programme.

ES Sunlogy secures RM34m contract for 29.99MWac solar project

KESM Industries Bhd (KL:KESM), the world’s largest independent burn-in and test service provider, posted its third straight quarterly net loss of RM2.99 million, or loss per share of 6.95 sen, in the second quarter ended Jan 31, 2025 (2QFY2025), due to continued weak demand for automotive chips.

KESM reports third consecutive net loss in 2QFY2025 due to ongoing weak automotive chip demand

A Member of Parliament is entitled to a fixed allowance of RM25,700 monthly, as well as other allowances and claims depending on their eligibility, according to the Prime Minister’s Office (PMO).