BENGALURU (April 26): Most Asian currencies were subdued on Friday, as mixed US data solidified bets of fewer rate cuts, while regional stocks were on track to end the week higher due to gains in South Korea and Taiwan from global tech earnings.

Asian currencies subdued after mixed US data, stocks set for weekly gains

BENGALURU (April 25): The Philippine peso and South Korean won led losses on Thursday among subdued Asian emerging currencies, while stock markets in the region were pulled lower by a weak tech sector, after Facebook parent Meta Platforms disappointed with its forecasts.

Asian stocks slide on US tech earnings worries; currencies fall

Most emerging Asian equities rose on Monday as investors sought riskier assets amid easing fears of a wider conflict in the Middle East, while currencies were mixed as the dollar continued to cast a shadow.

Asian stocks rise as Middle East tensions recede; FX mixed

Emerging Asian equities and currencies were sharply lower on Friday as reports Israel attacked Iran in an escalation of tensions in the Middle East led investors to flee to safe-haven assets, including the US dollar.

Surging dollar pressures Asian FX; South Korean won leads losses

The Indonesian rupiah tumbled to a four-year low on Tuesday after a weeklong holiday, as persistent strength in the greenback after a hawkish repricing of Federal Reserve rate cut expectations continued to pressure Asian currencies.

Asia FX, stocks weaken as Fed rate cut bets shift; rupiah hits four-year low

Most Southeast Asian markets were subdued on Tuesday as rising tensions in the Middle East and a potential delay in interest rate cuts by the US Federal Reserve kept the dollar buoyant, triggering an aversion to riskier emerging market assets.

Asian currencies slip, stocks fall as Fed rate cut bets shift

Emerging market currencies eased on Friday, tracking global risk-off sentiment as investors scaled back bets for early Federal Reserve (Fed) rate cuts this year after a red-hot US inflation print this week.

Currencies touch two-month low as dollar rallies on Fed rate prospects

Investors exited risk-prone emerging Asian assets on Thursday, after a hotter-than-expected US inflation reading overnight poured cold water on expectations of a June interest rate cut from the Federal Reserve (Fed).

Asian assets sold off after hotter-than-expected US inflation

Most Asian currencies were muted on Tuesday as traders exercised caution ahead of this week's US inflation data and a flurry of regional central bank meetings.  

The crucial US consumer price index (CPI) data, scheduled for release on Wednesday, will take centre-stage for global markets as the timeline for US rate cuts has been gradually delayed.

Most Asian currencies subdued ahead of US CPI

Most Asian currencies were on the back foot on Monday, ahead of a week laden with central bank meetings, after a strong jobs report from the world's largest economy weighed on hopes of an interest rate cut in June.

Asian currencies tepid as traders brace for central bank meetings

Emerging Asian currencies were largely range-bound on Friday, although on track for weekly losses, as hawkish comments by some Federal Reserve officials tempered expectations of impending rate cuts and dampened risk sentiment.

Asian FX set for weekly losses as Fed comments dent risk sentiment

Most Asian stocks rose on Thursday, driven by optimism about potential US interest rate cuts, even as the timing of the move remained uncertain, while regional currencies were little changed.

Asian stocks gain on US rate cut prospects; FX subdued

Emerging Asian stocks fell on Wednesday, with Taiwan's benchmark index ending lower after the island witnessed its biggest earthquake in 25 years, while currencies remained under pressure from a sturdy dollar following a strong run of economic data.

Asian stocks slump, FX range-bound as Taiwan earthquake hits sentiment

Taiwan's stocks closed at a record high on Tuesday amid higher inflows into several Asian equities, while most regional currencies weakened against the dollar as strong economic data pushed back against bets on earlier US rate cuts.

Taiwan stocks close at record high; Asian currencies slump

Remy Cointreau's shares rose 6.8% on Friday after it reported a far smaller-than-expected fall in fourth-quarter sales, saying "significant growth" in China helped drive a surprise uptick at its cognac division.

Chinese cognac sales drive Remy Cointreau to 4Q sales beat

Meituan is planning to launch its international food-delivery platform in Saudi Arabia’s capital, making its first move outside of greater China as growth slows in its home market.

Meituan to debut in Riyadh in first expansion beyond China

MYAirline Sdn Bhd will continue to retain its nominated post holders as well as key personnel, while ensuring that its air operator’s certificate (AOC) documentation remains as current as possible.

MYAirline seeking multiple investors, to retain nominated post holders

Nestle (Malaysia) Bhd is slated to raise prices for 22 of its products starting July 1, according to the Federation of Sundry Goods Merchants Associations of Malaysia (FSGMAM).

Nestle Malaysia to adjust prices of 22 products starting July 1

MOSCOW (April 25): Russia is considering downgrading the level of its diplomatic relations with the United States if Western governments go ahead with proposals to confiscate its frozen assets, state news agency RIA quoted Deputy Foreign Minister Sergei Ryabkov as saying on Thursday.

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Russia says it may downgrade ties with US if its assets are confiscated

Unisem (M) Bhd kicked off the financial year with its first-quarter earnings down 14% compared to the year prior, dragged by a lower gross profit margin, foreign exchange losses, and lower income from scrap sales.

Unisem's 1Q net profit down 14% dragged by lower margin, foreign exchange losses

NEW YORK (April 26): As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last October.

Bond yields, which move inversely to prices, have climbed in recent weeks as signs of persistent inflation erode ex...

Investors brace for 5% Treasury yields as US inflation worries mount

KUALA LUMPUR (April 26): Software company Microlink Solutions Bhd said on Friday that it has secured a contract worth RM56.45 million to implement and maintain a new core banking system for Bank Islam Brunei Darussalam Bhd.

Microlink gets RM56.45 mil contract from Bank Islam Brunei

US Secretary of State Antony Blinken will meet with President Xi Jinping in Beijing, as the world’s biggest economies spar on trade complaints and China’s continued support for Russia.

Blinken to meet Xi in Beijing for talks to steady ties

Analysts believe Capital A Bhd's proposed restructuring plan will help the group exit the Practice Note 17 (PN17) status and enhance its competitiveness, as well as provide benefits to AirAsia X Bhd's (AAX) shareholders in terms of free warrants and improved company valuation post restructuring.

Analysts positive restructuring plan will uplift Capital A 's PN17 status, benefit AirAsia X shareholders

The Inland Revenue Board (IRB) has extended the deadline for non-business taxpayers to submit their tax return form for the year of assessment 2023 via e-Filing from April 30 to May 15.

e-Filing: Tax return form submission deadline extended to May 15 for non-business taxpayers

Berjaya Corp&nbsp;Bhd (BCorp) has denied that its founder Tan Sri&nbsp;Vincent Tan Chee Yioun participated in talks to revive a US$100 billion (RM477.60 billion)&nbsp;Forest City casino resort as reported recently.

Berjaya Corp denies participation in talks to revive Forest City casino resort

Maxis Bhd could work with another consortium partner to lower the cost of deploying the second 5G network, even after the recapitalisation of Digital Nasional Bhd (DNB), said RHB Research in a note on Friday.

Maxis could lead second 5G network roll-out with new consortium partner, says RHB Research

Analysts believe Capital A Bhd's proposed restructuring plan will help the group exit the Practice Note 17 (PN17) status and enhance its competitiveness, as well as provide benefits to AirAsia X Bhd's (AAX) shareholders in terms of free warrants and improved company valuation post restructuring.

Doctor-turned-businessman Tan Sri Mohan MK Swami and his partner Datuk Seri Dr Shamir Kumar Nandy agreed on Friday to acquire a 58% stake in property management company Turiya Bhd for RM52.86 million from MAA Group Bhd.

Mohan Swami, partner agree to buy 58% of Turiya for RM52.86m from MAA Group

The Securities Commission Malaysia (SC) has updated its Investor Alert List.

SC adds four entities to Investor Alert List, two being potential clones

Shares of ViTrox Corp Bhd are headed for its worst day in 18 months as first-quarter (1Q) results disappointed investors while analysts turned increasingly cautious on the semiconductor company’s near-term prospects.

ViTrox shares on pace for worst day in 18 months as 1Q disappoints

The corporate exercise to merge the AirAsia airline businesses under AirAsia X Bhd (AAX) is apparently sufficient to offset all of the RM8.7 billion negative equity in Capital A Bhd, according to chief executive officer Tan Sri Tony Fernandes.

Merger of airlines alone enough to reverse all of Capital A's negative equity, says Fernandes

Mercury Securities Sdn Bhd has valued ACE Market-bound Sin-Kung Logistics Bhd at 14 sen based on a 14 times financial year 2025 (FY2025) earnings per share forecast of one sen.

Mercury Securities values ACE Market-bound Sin-Kung Logistics at 14 sen

Uday Kotak built his Kotak Mahindra Bank Ltd over decades to become Asia’s richest banker. After India’s regulator slapped his firm with a surprise ban, he’s facing one of his biggest tests yet — and a dip in wealth.

Asia’s richest banker loses US$1.2 bil after RBI ban

RHB Retail Research said YTL Corp Bhd is eyeing to extend the upside movement after it staged a bullish breakout.

YTL Corp eyeing to extend upside movement, says RHB Retail Research 

Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected US economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms.

Wall Street stocks fall as weak GDP growth spreads rate-cut gloom

The country’s&nbsp;fifth-generation (5G) network&nbsp;adoption rate has reached nearly 36% as of mid-April, while the service coverage rate stood at 80.3% in February.

Fahmi: 5G adoption rate almost 36%, coverage 80.3%, second network unveiling next week

RHB Retail Research said VS Industry Bhd is poised to continue the bullish trajectory after it broke past the key resistance on high volume.

VS Industry poised to continue bullish trajectory, says RHB Retail Research 

The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen.

China’s upstart electric brands, and even its state-owned, legacy automakers, are racing to pack technology and features once considered premium into electric vehicles (EVs) as cheap as US$20,000 (RM95,525) — less than half the cost of an average new car in the US, now more than US$48,000.

Battle for 'tech luxury' in China as EVs get smarter — and cheaper

The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise £250 billion (RM1.28 trillion) a year for the global fight against poverty, inequality and global heating, ministers from four leading economies have suggested.

World’s billionaires should pay minimum 2% wealth tax, say G20 ministers

The Tesla Inc shareholder who won a court order in Delaware killing co-founder Elon Musk’s US$56 billion (RM267.54 billion) pay package is premature in asking the judge to bar the billionaire from moving the executive-compensation dispute to Texas, the car company’s lawyers argue.

Tesla fires back at investor who doesn’t want pay fight in Texas

Anyone called in by the Malaysian Anti-Corruption Commission (MACC), either as a witness or subject of investigation, is given ample opportunity to provide additional, detailed information as they please, and this includes imprisoned former prime minister Datuk Seri Najib Razak.

MACC officer says Najib given ample opportunity to elaborate while statements were recorded

European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record US$8.8 billion (RM42.03 billion) in net withdrawals from the products in the US.

Record US$8.8 bil pulled from US sustainable funds in 1Q

Pavilion Real Estate Investment Trust rose to its highest in more than a month&nbsp;after the release of its first-quarter results, while analysts expect the REIT, which mainly manages shopping malls, to benefit further from higher tourist arrivals.

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