Bursa Malaysia stocks climbed to a more than two-month high on Tuesday after weekend trade talks between the US and China resulted in a surprise de-escalation in tariffs for 90 days.

FBM KLCI hits over two-month high as surprise US-China deal lifts investor confidence

KUALA LUMPUR (May 13): Datin Seri Pamela Ling Yueh’s family lawyer has called for an independent and transparent probe into the Malaysian Anti-Corruption Commission’s (MACC) handling of her case. In a statement on Tuesday, Sangeet Kaur Deo said it has been 33 days since Pamela went missing, and the MACC has yet to explain its actions leading up to her disappearance.

Pamela Ling’s family lawyer wants an independent review of how the MACC handled Ling’s case

(May 12): Pakistan's stocks closed up 9.4% and its international bonds also recorded strong gains on Monday, after a ceasefire deal with neighbouring India agreed over the weekend fuelled a relief rally.

Pakistan's stocks, international bonds soar after ceasefire with India

(May 12): The US and China will temporarily lower tariffs on each other’s products in a dramatic ratcheting down of trade tensions that buys the world’s two largest economies three months to work towards a broader agreement.

US, China to slash tariffs in step back from decoupling brink

KUALA LUMPUR (May 12): This year’s Wesak Day celebration was marked with vibrant and harmonious gatherings, as Buddhist devotees filled temples nationwide to observe religious rites.

Harmonious and devout Wesak Day celebrations held nationwide

DUBAI (May 11): Fresh talks between Iranian and US negotiators to resolve disputes over Tehran's nuclear programme ended in Oman on Sunday with further negotiations planned, officials said, as Tehran publicly insisted on continuing its uranium enrichment.

Iran, US nuclear talks end in Oman, next round awaits capitals' nod

NEW DELHI, India/ MUZAFFARABAD, Pakistan (May 11): The Indian military sent a "hotline message" to Pakistan on Sunday about violations of a ceasefire agreed this week and informed it of New Delhi's intent to respond if it was repeated, a top Indian army officer said, while the Pakistan military's spokesman denied any violation of the ceasefire.

Indian military warns Pakistan against ceasefire violations

KUALA LUMPUR (May 12): His Majesty Sultan Ibrahim and Her Majesty Raja Zarith Sofiah, the King and Queen of Malaysia, have extended Wesak Day greetings to all Buddhists in the country.

King, Queen extend Wesak Day greetings

TAWAU (May 11): The 2025 PKR election should be considered a "fight among loyal friends" of the party, said Prime Minister Datuk Seri Anwar Ibrahim.

PKR election a fight among loyal friends, says Anwar

KUALA LUMPUR (May 11): Umno must not remain static or rigid but instead embrace a pragmatic approach in facing the dynamic political landscape and increasingly complex challenges of the times, said party president Datuk Seri Dr Ahmad Zahid Hamidi.

Ahmad Zahid: Umno must embrace pragmatism to navigate challenging political landscape

Police will record the statements of Datin Seri Pamela Ling Yueh's children in Singapore in the near future to assist in an investigation into the woman's kidnapping in Putrajaya on April 9.

Police seek Interpol's help to record statements of Pamela Ling's children in Singapore

The Malaysian Anti-Corruption Commission (MACC) is in the process of obtaining relevant documents for its investigation into the encroachment of land used for durian farming in Raub, Pahang.

MACC gathering documents in probe of Pahang durian land encroachment

Tan Sri Azam Baki has been reappointed as the chief commissioner of the Malaysian Anti-Corruption Commission (MACC) for another one-year term effective May 13.

Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar, in a statement on Friday, said the King, Sultan Ibrahim Sultan Iskandar, had granted consent to Azam's reappointment as the nation's top anti-graft officer.

Azam Baki reappointed as MACC chief for another year

Malaysia’s anti-graft authority may summon more people to assist in its investigation into alleged money-laundering activities involving Sapura Energy Bhd (KL:SAPNRG).

The Malaysian Anti-Corruption Commission (MACC) may recall the prominent corporate figure bearing the title of Tan Sri, as well as call for his family members and former board members of Sapura Energy for further statements.

MACC may call more people for Tan Sri probe; Sapura Energy says unaffected by investigation

Walt Disney Co said its new sports streaming platform will be called ESPN, the same as its popular cable-TV channel, and cost US$30 (RM128.81) a month.

Disney unveils new ESPN streaming service for US$30 a month

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

CelcomDigi, Maxis, YTL Power, DKSH, Kerjaya Prospek, Yong Tai, HLT Global, UEM Sunrise, Nestcon, DNeX, Nextgreen and OM Holdings

President Donald Trump said Saudi Arabia would commit to investing US$1 trillion (RM4.29 trillion) in the US, a key goal of his first scheduled foreign trip since returning to office.

Trump says Saudi Arabia will boost US investments to US$1 tril

Egg prices pulled back 18% from a record high last month, offering some relief as supplies recovered from bird flu shock.

Shoppers paid US$5.122 (RM22) per dozen for large eggs on average in April, falling from two straight months of record highs that brought prices above US$6, the US Bureau of Labor Statistics said on Tuesday.

US egg prices fall to US$5 a dozen from record highs

Pakistan said on Tuesday that it remains committed to the truce with India, agreed after four days of intense fighting last week, but vowed to respond to any future aggression by New Delhi with full resolve.

Pakistan says committed to ceasefire with India but vows to respond to aggression

The US took a fresh step seeking to curb Iran’s oil revenues with sanctions on an international network that it said facilitates the shipment of millions of barrels to China, an effort by the Trump administration to further pressure Tehran while negotiating over its nuclear programme.

US slaps sanctions on network shipping Iranian oil to China

New Intel Corp chief executive officer Lip-Bu Tan is focused on improving the execution of the chipmaker’s existing strategy rather than making sweeping changes, according to his head of finance.

“The strategy is the strategy — we’ve got to execute better,” chief financial officer Dave Zinsner said at a JPMorgan Chase & Co technology conference.

Intel’s new CEO to focus on executing its existing strategy

Distributor of products for Fortune 500 companies, DKSH Holdings Malaysia Bhd (KL:DKSH) reported a net profit of RM48.17 million for the first quarter ended March 31, 2025 (1QFY2025), its second-highest quarterly profit.

DKSH posts RM48.2m profit in 1Q on record revenue and cost savings

Canadian Prime Minister Mark Carney, who won an election last month promising to stand up to US President Donald Trump, unveiled a new cabinet on Tuesday that he said would help define a new relationship with the US.

Carney unveils cabinet aimed at resetting US-Canada ties

Microsoft is laying off 3% of its workforce, or roughly 7,000 employees, CNBC reported on Tuesday, as the technology giant looks to rein in costs while funnelling billions of dollars into its ambitious bet on artificial intelligence (AI).

Microsoft to lay off 3% of workforce, CNBC reports

KUALA LUMPUR (May 13): The US-China tariff deal is seen as negative for Malaysian glove makers, as it makes Chinese gloves cheaper and more competitive, potentially hurting demand for local products.

Analysts say US-China tariff cuts are negative for Malaysian glove makers

KUALA LUMPUR (May 13): Starting May 11, 2025, Malaysia will impose five-year anti-dumping duties on flat-rolled products of iron or non-alloy steel, and tinplate from China and other Asian nations, following an investigation on the imports of the products.

Malaysia imposes anti-dumping duties on steel, tinplate from China and other Asian nations

As U Mobile Sdn Bhd has been appointed to roll out the second 5G network in the country, its stake in Digital Nasional Bhd (DNB) will be taken over by CelcomDigi Bhd (KL:CDB), Maxis Bhd (KL:MAXIS), YTL Power International Bhd (YTLPOWR) and the Minister of Finance Inc (MOF Inc).

U Mobile stake in DNB to be taken over by CelcomDigi, Maxis, YTL Power, MOF Inc

When Lucas Silva Ferreira needed a new air conditioner to cool his Rio de Janeiro home in the sweltering February heat, he decided to go with a Chinese model instead of old standbys like LG or Whirlpool.

Half-price air conditioners are sparking frenzy for China brands in Brazil

AS geopolitical tensions between the US and China continue to disrupt global supply chains, Taiwan-based Advanced Semiconductor Engineering Inc (ASE Inc) — the world’s largest outsourced semiconductor assembly and test (OSAT) player — is doubling down on Malaysia with the opening of its fifth pla...

Taiwanese OSAT giant ASE doubles down on Malaysia amid US-China trade war

The RM892 million Dawn KLCC, a development by Dawn Land Sdn Bhd, has achieved a take-up rate of 91% since its launch in April last year. The development is a 70:30 joint venture between Chin Hin Group Property Bhd (KL:CHGP) and Fiamma Holdings Bhd (KL:FIAMMA). Chin Hin Group Property and Fiamma s...

Dawn KLCC is 91% sold

HSBC Global Research has revised its year-end forecast for the ringgit from 4.45 to 4.20 against the US dollar, as the heightened external volatility has slightly tipped the balance in favour of the ringgit&nbsp;over the medium term.

HSBC raises year-end USD-MYR forecast to 4.20, citing external volatility favouring ringgit

KUALA LUMPUR (May 13): ICT Zone Asia Bhd, a tech financing solutions provider, has launched its initial public offering (IPO) as part of its transfer from the LEAP Market to the ACE Market, aiming to raise RM26.6 million.

ICT Zone Asia sets ACE Market IPO price at 20 sen, aiming to raise RM27m for ICT asset purchase

SINCE news of her abduction a month ago broke last week, many questions have been asked about 42-year-old Datin Seri Pamela Ling Yueh: What has happened to her? And what was the motivation behind her disappearance?

Kidnapped Pamela Ling’s application for a judicial review against MACC money laundering probe provides some context but also raises more questions

Kerjaya Prospek Group Bhd (KL:KERJAYA) said an adjudicator has ordered Yong Tai Bhd (KL:YONGTAI) to pay the construction outfit RM75.46 million over an alleged unpaid contract for a mixed development project in Melaka, known as “The Apple”.

Kerjaya Prospek wins RM75.46m adjudication award in dispute with Yong Tai

Bank Negara Malaysia’s (BNM) move to lower the statutory reserve requirement (SSR) has set the stage for a possible overnight policy rate (OPR) cut, but according to Moody’s Analytics, two key conditions must first be met.&nbsp;

Moody’s: BNM likely to hold OPR at 3%, September cut dependent on inflation and Fed's move

WM Senibong Sdn Bhd has achieved a 100% take-up rate for Kew Green 1, the maiden precinct in its 38-acre master plan named The Kews, within three months of its launch in December 2024.

WM Senibong sells out Kew Green 1 within three months

CRUDE palm oil (CPO) exporter Pacific Inter-Link Sdn Bhd (PIL) expects the discount of palm oil to soybean oil to persist for the next six to 12 months, due to tight soybean oil supply from the US and South America and a gradual rise in palm oil production.

This will enhance palm oil’s ...

CPO discount to soybean oil seen lasting up to one year, says Pacific Inter-Link

Distributor of products for Fortune 500 companies, DKSH Holdings Malaysia Bhd (KL:DKSH) reported a net profit of RM48.17 million for the first quarter ended March 31, 2025 (1QFY2025), its second-highest quarterly profit.

Frozen and dried food distributor Guan Huat Seng Holdings Bhd is preparing to list on the ACE Market of Bursa Malaysia to secure funding for its expansion plans, according to its draft prospectus filed with the exchange.

Frozen, dried food distributor Guan Huat Seng plans ACE listing

Oxford Innotech Bhd, a Penang-based engineering solutions company, has received approval from Bursa Malaysia for its initial public offering (IPO) on the ACE Market.

Oxford Innotech gets approval for ACE Market IPO, plans new factory in Penang

Malaysians spent more in March ahead of Ramadan, thanks to government cash aid and festive deals — lifting retail, wholesale, and even car sales, official data showed.

Malaysia’s distributive trade — which includes wholesale, retail, and vehicle sales — grew 5.7% year-on-year (y-o-y) in March to RM154 billion, according to the Department of Statistics Malaysia (DOSM). This is the highest growth in three months and stronger than February’s 5.2% rise. On a month-on-month (m-o-m) basis, trade increased by 3.7%.

Malaysia’s wholesale and retail sales grew faster in March, driven by festive season, cash aid — official data

An agreement between Petroliam Nasional Bhd (Petronas) and Sarawak's state-owned Petroleum Sarawak Bhd (Petros) on the management of natural gas in the state would be announced in "two more days", according to Borneo Post, quoting Sarawak Premier Tan Sri Abang Johari Tun Openg.

Abang Jo says Petronas-Petros agreement coming in 'two more days' — report

Sentoria Group Bhd (KL:SNTORIA) said its external auditor Messrs Kreston John &amp; Gan had expressed a disclaimer of opinion on the group's audited financial statements for the 15-month period ended Dec 31, 2024, due to insufficient audit evidence.

Sentoria’s external auditor issues disclaimer of opinion on financial statements; shares to resume trading on May 14 after filing annual report

Keyfield International Bhd (KL:KEYFIELD) has secured a contract from Petronas Carigali Sdn Bhd to provide an accommodation work boat for offshore activities. &nbsp;

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