Maxis Bhd’s (KL:MAXIS) intention to build a second fifth-generation (5G) network could potentially put the group’s financial position and future earnings under pressure, according to analysts.

Maxis' financial position could face pressure from proposed second 5G network, say analysts

While the tariff hike for Chinese-made gloves in the US presents an opportunity for Malaysian exporters to capture a larger share of the US market, the benefits are not expected to be immediate, as the import tariff hike only comes in 2026, according to the Malaysian Rubber Glove Manufacturers Association (Margma).

US tariff hike for Chinese gloves bodes well for M'sian glove makers, but no immediate gains — Margma

Pakatan Harapan’s (PH) victory in the Kuala Kubu Baharu (KKB) state by-election was widely expected by political analysts. 

Even so, they had expected it to be closer fought.

PH's victory margin wider than expected in Kuala Kubu Baharu by-election, say analysts

The regular market for US equities runs for 390 minutes on a standard trading day. But at the rate things are going, eventually the last 10 might be the only ones that matter.

Increasingly, only last 10 minutes of US stock trading matter

High crude oil prices caused by tension in the Middle East will help to boost Malaysia's oil and gas exports. However, escalated fuel prices will dampen the country’s economic growth, according to the Socio-Economic Research Centre (SERC).

SERC: Escalated oil price boon and bane for Malaysia

Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive April 5 Reuters report that Tesla had scrapped its plans for a US$25,000 “Model 2” electric vehicle.

“Reuters is lying,” Musk wrote in one post that day, without identifying any inaccuracies.

Wall Street wants answers from Musk on Tesla's affordable car

US Federal Reserve (Fed) chair Jerome Powell is making life tougher for his peers around the world, as the prospect of higher-for-longer US interest rates reduces room for easier policy elsewhere.

Powell's higher-for-longer US rate warning means headaches for rest of the world

Washington and London on Friday prohibited the London Metal Exchange (LME), Chicago Mercantile Exchange (CME) and other metal exchanges from accepting new aluminium, copper and nickel produced by Russia.

The two countries also barred the import of the metals into the United States and Britain.

Washington, London ban exchange trading of new Russian metal

Republican presidential candidate Donald Trump is set to stand trial in New York on Monday on charges that he illegally covered up a hush money payment to a porn star.

But what happens if the jury convicts the former US president and the judge imposes a sentence before the November election?

Why Donald Trump could be president again despite his legal troubles

Since Meta blocked links to news in Canada last August to avoid paying fees to media companies, right-wing meme producer Jeff Ballingall says he has seen a surge in clicks for his Canada Proud Facebook page.

When Facebook blocks news, studies show the political risks that follow

After rising power by embracing uncompromising and sometimes combative politics, South Korea's President Yoon Suk Yeol may have to rethink his signature style if he hopes to protect his legacy and party after a crushing election defeat.

After election rout, compromise may better serve South Korea's combative president

Young Jin Yee quit her last job after less than six months to take on one of the hardest tasks in private banking — combining the Asian operations of UBS Group AG and Credit Suisse.

Now almost 10 months into her new role as UBS’ co-head of Asia-Pacific wealth management, the former international gymnast is making a mark.

Wealth management’s rising star in Asia has tricky task at UBS

US Treasury Secretary Janet Yellen’s mission to address the threat of cheap Chinese exports is set to increase pressure on the nation’s makers of solar panels, electric cars and batteries.

A trader’s guide to Chinese stocks in focus as Yellen visits

Exchange-traded funds, more commonly known as ETFs, are a basket of securities that can be easily traded like an individual stock.

Why are ETFs so important and why they are becoming a staple in investment portfolios

Shares of Supercomnet Technologies Bhd (KL:SCOMNET) fell on Tuesday and may be on course for its worst day in 15 months after the medical device manufacturer reported a weaker-than-expected first quarter.

Supercomnet shares log worst day in 15 months after below-view 1Q

Automotive seat manufacturer Feytech Holdings Bhd (KL:FEYTECH) ended its maiden trading day on Bursa Malaysia's Main Market with a 37.5% gain on Tuesday.

Feytech ends maiden trading day with 37.5% gain on Main Market

The Cabinet on Tuesday expressed condolences over the loss of Iranian President Ebrahim Raisi, who was killed in a helicopter crash in northwest Iran on Sunday, said Communications Minister Fahmi Fadzil.

Cabinet expresses condolences over passing of President Raisi

SEATTLE (May 20): Microsoft on Monday debuted a new category of personal computers with AI features as it rushes to build the emerging technology into products across its business and compete with Alphabet and Apple.

At an event on its campus in Redmond, Washington, Chief...

Microsoft debuts 'Copilot+' PCs with AI features

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

FBM KLCI drops 0.33% to 1,622.09 on May 21, 2024

The Health Ministry (MOH) will administer the human papillomavirus (HPV) vaccine to 719,236 female students in the 2021 cohort up to this year who have yet to be vaccinated.

MOH to clear HPV vaccination backlog by end of 2024 school session

A UK watchdog has decided to forgo setting price caps on certain Visa Inc and Mastercard Inc’s fees, even after it found that the two do not face effective competition when dealing with merchants.

UK watchdog forgoes setting price caps on some Visa, Mastercard fees

The Malaysian Communications and Multimedia Commission (MCMC) and the Malaysian Investment Development Authority (Mida) will sign a memorandum of understanding (MOU) to help micro, small and medium enterprises (MSMEs) adopt and implement the use of 5G networks for their businesses, Communications Minister Fahmi Fadzil said.

MCMC, Mida to sign MOU to help MSMEs adopt, utilise 5G — Fahmi

Pos Malaysia Bhd (KL:POS) said on Tuesday it is selling its ship chartering unit that mainly deals with bulk cargoes for RM123.21 million as part of a move to shed non-core businesses.

Pos Malaysia to sell non-core shipping unit for RM123m

Israeli Defence Minister Yoav Gallant described on Tuesday a request by the International Criminal Court (ICC) prosecutor for arrest warrants against him and Prime Minister Benjamin Netanyahu as a "disgraceful" bid to interfere in the Gaza war.

Israel defence minister calls ICC prosecutor moves against him and Netanyahu 'disgraceful'

Northcape Capital Ltd said a bid by major shareholders to take Malaysia Airports Holdings Bhd private may face opposition due to the low valuation offered.

Malaysia Airports shareholder expresses doubt on takeover bid

Public Bank Bhd (KL:PBBANK), Malaysia’s third-largest bank by assets, is on course to achieve an earnings forecast of RM6.96 billion for the financial year ending Dec 31, 2024 (FY2024), with its first-quarter results aligning with analysts’ expectations.

Public Bank on course to hit FY2024 earnings target on better outlook, say analysts

Malaysia and Japan are set to confirm their cooperation in strengthening semiconductor supply chains at a meeting later this week, according to Japanese daily The Mainachi.

Malaysia, Japan set to confirm semicon supply chain tie-up — report

Hartalega Holdings Bhd (KL:HARTA) notched a turnaround in its final quarter thanks partly to a provision reversal that also helped to bring the world’s second-largest glovemaker by volume back into the black for the year.

Hartalega returns to the black for 4QFY2024

RHB Banking Group has launched Apple Pay for its customers in Malaysia.

RHB brings Apple Pay to customers in Malaysia

The Federation of Investment Managers Malaysia (FIMM) recently reprimanded eight former unit trust scheme (UTS) and/or private retirement scheme (PRS) consultants for their misconducts/breaches of the FIMM’s Consolidated Rules (FCR), Code of Ethics and Rules of Professional Conduct (Second Edition), or&nbsp;Code of Ethics (Third Edition).

FIMM reprimands eight former unit trust and private retirement scheme consultants

Shares of Menang Corp (M) Bhd (KL:MENANG) rose to its highest in nearly nine months after the property development and management company declared a special dividend amid six-year high quarterly earnings.

Menang shares close in on nine-month high on special dividend, earnings

Automotive seat manufacturer Feytech Holdings Bhd (KL:FEYTECH) ended its maiden trading day on Bursa Malaysia's Main Market with a 37.5% gain on Tuesday.

The proposed fuel subsidy rationalisation by the government could impact the local automotive market, which houses its major customers, primarily consisting of automotive vehicle original equipment manufacturers (OEMs), according to automotive seat manufacturer Feytech Holdings Bhd (KL:FEYTECH).

Feytech expects proposed subsidy rationalisation to impact automotive market

Affin Bank Bhd (KL:AFFIN), the financial services arm of the Armed Forces Fund&nbsp;Board (LTAT), said on Tuesday its net profit down was 26% lower year-on-year (y-o-y) in the first quarter, on lower net interest income and other income.

Affin Bank's 1Q net profit down 26% as net interest income falls

KTI Landmark Bhd expects to raise RM48&nbsp;million under its listing exercise on the ACE Market of Bursa Malaysia.

In a statement on Tuesday, the Sabah-based integrated property developer said it plans to use RM20.7 million (43.1%) of the proceeds raised from the initial public offering (IPO) to supplement its general working capital requirements for The Logg&nbsp;project, which include construction cost (building and infrastructure cost), consultants’ and professional fees, and local authority fees for the ongoing projects.

KTI Landmark to raise RM48m from ACE Market IPO

Rakuten Trade said Bahvest Resources Bhd (KL:BAHVEST) is poised for a potential bullish breakout from the U-shape pattern, targeting to surpass the neckline of 61 sen.

Bahvest poised for potential bullish breakout, says Rakuten Trade 

Shares of Pintaras Jaya Bhd (KL:PTARAS) rose to its highest in 11 months after the construction company’s third-quarter earnings announcement.

Pintaras Jaya rises to 11-month high after announcing 3Q results

Crypto prices have surged on signs of momentum toward US approval of exchange-traded funds investing directly in second-largest token Ether, a shift from a more downbeat outlook as recently as last week.

Crypto lifted by ether’s biggest jump since 2022 on ETF outlook

Tencent Holdings Ltd suspended the highly anticipated Dungeon &amp; Fighter Mobile within an hour of its Chinese debut Tuesday, suggesting strong initial demand for a blockbuster title that investors hope will drive revenue growth in 2024.

Tencent suspends blockbuster game within an hour of China debut

Sunway Construction Group Bhd (KL:SUNCON) retreated on Tuesday from its all-time high amid weaker-than-expected results and growing market concerns that its shares may have peaked after beating the consensus target price.

SunCon shares off record high after below-view 1Q amid analyst downgrades

Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, US options markets show.

Nvidia earnings could spark US$200b swing in shares, options show

Shares of Supercomnet Technologies Bhd (KL:SCOMNET) fell on Tuesday and may be on course for its worst day in 15 months after the medical device manufacturer reported a weaker-than-expected first quarter.

Hibiscus Petroleum Bhd's [KL:HIBISCS] net profit climbed by 42.37% to RM101.81 million in the third quarter ended March 31, 2024 (3QFY2024), from RM71.51 million a year ago, driven by strong oil and condensate prices of over US$90 (RM421.68) per barrel.

Hibiscus' 3Q net profit climbs 42%, driven by strong oil and condensate prices

Bank Islam Malaysia Bhd (KL:BIMB), Malaysia's largest full-fledged Islamic bank, said on Tuesday its net profit increased 9.4% for the first quarter ended March 31, 2024 (1QFY2024) from a year earlier, mainly driven by higher net fund-based income and lower net allowances for impairment on financing.&nbsp;

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