The regulatory framework for attracting family offices to Malaysia will be announced by the government during this year's budget announcement, according to Securities Commission Malaysia (SC) chairman Datuk Seri Awang Adek Hussin.

Regulatory framework for setting up family offices to be unveiled in this year's budget announcement

The Securities Commission Malaysia (SC) running into a deficit in 2023 has pushed the regulator into questioning its financial sustainability and engaging the government towards a potential review of its fee structure to beef up its revenue.

SC in talks with govt to review fee structure in bid to address annual deficits 

The Securities Commission (SC) said it has begun to investigate unlisted companies and entities offering cash trust products and flagged concerns of potential violations of capital market laws.

SC probing firms offering cash trusts, flags concerns of possible law breaches

KUALA LUMPUR (March 25): The Securities Commission (SC) recorded its largest net operating deficit in at least a decade in 2023, amid weak market activity as expenses rose while other income, such as from penalties, was sharply lower from a year earlier.

SC posts widest operating deficit in over a decade amid weak market activity

Malaysian investment funds remain resilient to liquidity shock as their existing liquidity profile is enough to weather sustained large redemptions, according to the Securities Commission (SC).

Malaysian investment funds remain resilient to liquidity shock, says SC

The Securities Commission (SC) said it has raised supervision of Malaysian operators of digital asset exchanges amid declining daily trading volume of cryptocurrencies.

SC intensifies oversight on digital asset exchange operators even as daily trading volume dips

The Securities Commission Malaysia (SC) observed an increase in the number of complaints and enquiries in 2023, mainly about scams and unlicensed activities, according to the regulator's annual report released on Monday.

SC: Complaints about scams, unlicensed activities continued to rise in 2023

The domestic capital market is projected to remain orderly throughout 2024, supported by robust macroeconomic factors, abundant domestic liquidity, and a facilitative capital market framework, according to Securities Commission Malaysia (SC).

SC says Malaysia’s capital market to remain stable this year, but warns of volatility from external headwinds

The Securities Commission Malaysia (SC) reviewed 76 suspected breaches of securities law in 2023, 41% of which were related to disclosure breaches, securities fraud and unlicensed activities.

SC reviewed 76 suspected breaches of securities law in 2023 and initiated 19 probes

The Securities Commission (SC) is urging public-listed companies (PLCs) to make concerted transition efforts as advanced economies raise the number of environmental, sustainability, and governance (ESG) policies.

SC urges listed companies to make concerted transition efforts, flags rising ESG risks

KUALA LUMPUR (Nov 22): Master Builders Association Malaysia (MBAM) supports the Construction Industry Development Board (CIDB) Malaysia’s decision to retract its quality guidebook for homeowners, said MBAM president Oliver HC Wee.

MBAM supports CIDB’s decision to retract quality guidebook for homeowners

Stocks and bonds of India's Adani Group dropped for a second session on Friday after a US arrest warrant was issued for its billionaire founder Gautam Adani over an alleged US$265 million (RM1.2 billion) bribery scheme.

Adani Group stocks, bonds fall for a second day after founder's US indictment

Affin Bank Bhd (KL:AFFIN) said on Friday its net profit surged in the third quarter thanks to an increase in both interest and non-interest income, as well as impairment writeback and foreign exchange gains.

Affin Bank 3Q net profit surges on higher interest income; writeback, forex gain also provide boost

BENGALURU (Nov 21): Boeing said on Thursday that it has secured a US$2.38 billion (RM10.63 billion) contract from the US Air Force to build 15 additional KC-46A Pegasus aerial refuelling tankers under the Lot 11 procurement.

Boeing secures US$2.38b contract for 15 additional US Air Force KC-46A tankers

KUALA LUMPUR (Nov 22): Berjaya Hartanah Bhd, a wholly owned subsidiary of Berjaya Land Bhd (KL:BJLAND), officially launched on Friday, its latest condominium development named Oaka Residences at Bukit Jalil, Kuala Lumpur. The project has a gross development value (GDV) of RM373 million.

Berjaya Land launches RM373m Oaka Residences in Bukit Jalil

Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the US, dealing a blow to Europe's hopes that its most developed battery player would reduce Western car makers' reliance on Chinese rivals.

Sweden's Northvolt files for bankruptcy, in blow to Europe's EV ambitions

Inflation in Malaysia picked up slightly and was a tad faster than expected in October as prices of food and personal care products, including jewellery, rose, official data released on Friday showed.

Inflation in Malaysia picks up slightly in October, official data shows

US mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential buyers from the housing market in the near term.

US 30-year fixed-rate mortgage approaches 7%

GEORGE TOWN (Nov 22): Penang welcomed Hong Kong Express’ (HK Express) inaugural direct flight from Hong Kong on Friday, marking a milestone in the state’s tourism development.

Penang welcomes HK Express’ inaugural flight from Hong Kong

CapitaLand Investment Ltd, one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis.

CapitaLand warns of China losses as Singapore property investor cuts exposure

Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week. 

Most read this week

AirAsia hopes to emulate Dubai’s success in connecting the world, but in a low-cost format from places like Bangkok and Kuala Lumpur as the discount carrier looks to move on from its tumultuous pandemic years.

AirAsia founder plots low-cost Dubai-like hub in Bangkok, KL

KUALA LUMPUR (Nov 22): Globetronics Technology Bhd (KL:GTRONIC) surged as top most-actively-traded stocks on Friday morning, after the company secured a RM145 million contract to provide integrated circuit (IC) product packaging, testing, and backend services to Taiwan-based ChipMOS Technologies Inc. &nbsp;

Globetronics shares surge on RM145m contract win with Taiwan’s ChipMOS

China’s richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and instigating a price war that wiped out tens of billions of market value for his bottled-water empire.

China’s richest man berates PDD, ByteDance for months of misery

US President-elect Donald Trump said on Thursday he would nominate former Florida attorney general and loyalist Pam Bondi to be US attorney general, moving swiftly to replace his former nominee Matt Gaetz after the embattled former congressman withdrew from consideration.

Trump picks Pam Bondi for US attorney general after Gaetz withdraws

KUALA LUMPUR (Nov 22): Shares of DRB-Hicom Bhd (KL:DRBHCOM) fell on Friday to their lowest in more than four years, after the automotive-to-banking conglomerate reported weaker than expected quarterly results.

DRB-Hicom shares fall to over four-year low, analysts divided over outlook after 3Q

Nvidia Corp assured investors that its new product lineup will continue to fuel an artificial intelligence-driven growth run, while also signaling that the rush to get chips out the door is proving costlier than expected.&nbsp;

Nvidia says new chip remains on track, helping soothe investors

TOKYO (Nov 22): Nissan&nbsp;Motor&nbsp;will cut or transfer about 1,000 jobs in Thailand, as it shrinks production in Southeast Asia, part of its recently announced global workforce reduction plan, two sources familiar with the matter told Reuters on Friday.

Nissan to cut or transfer about 1,000 jobs in Thailand — Reuters

Now is an opportune time to accumulate Dayang Enterprise Holdings Bhd (KL:DAYANG) shares given its undemanding valuations, said CGS International.

Good opportunity to accumulate Dayang shares — CGS

KUALA LUMPUR (Nov 22): TSH Resources Bhd (KL:TSH) reported a 12.19% increase in its net profit for the third quarter spanning July to September 2024 (3QFY2024), despite a drop in revenue, as it recorded reduced non-controlling interests, which resulted in the larger share of profit attributable to the owners of the company.

TSH Resources reports 12% rise in 3Q net profit, pays 2.5 sen dividend

Gold was headed for its largest weekly gain in nearly eight months on Friday and the euro hovered at a 13-month low as Russia lowered its threshold for using nuclear weapons and fired a hypersonic ballistic missile at Ukraine.

Gold surges and euro sags as broader war risks rise 

Australia’s flagship carrier Qantas Airways Ltd is the top-performing airline stock in Asia over the past year, and is seen as set to extend its climb with help from declining fuel prices.

Qantas tops Asian airline stocks on cheap fuel, rival’s demise

Stocks ended the day higher as traders contemplated a new US administration keen on deregulation. Bitcoin blew past US$98,000 (RM438,868) while the dollar gained and treasury yields rose.

Trump trade boosts stocks, bitcoin run at US$100,000

KUALA LUMPUR (Nov 22): Damansara REIT Managers Sdn Bhd, the manager of Al-`Aqar Healthcare REIT &nbsp;(KL:ALAQAR)&nbsp;and Al-Salam REIT&nbsp;(KL:ALSREIT), has appointed Zulhilmy Kamaruddin as its new chief executive officer (CEO) as of Thursday (Nov 21).

Damansara REIT Managers appoints Zulhilmy Kamaruddin as its new CEO

SEC Chair Gary Gensler, whose ambitious agenda drew fierce resistance from Wall Street and the crypto industry, plans to step down on Jan 20.

Gary Gensler plans to step down from SEC in January

CapitaLand Investment Ltd, one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis.

NEW YORK (Nov 22): US&nbsp;stocks are extending their lead over&nbsp;global&nbsp;peers and some investors believe that dominance could grow if President-elect&nbsp;Donald Trump&nbsp;can implement his economic platform without becoming mired in a full-blown trade war, or ballooning the federal deficit.

Trump's return could extend US stocks' dominance over global rivals

ChatGPT-creator OpenAI has recently considered developing a web browser that would combine with its chatbot and separately discussed or struck deals to power search features, the Information reported on Thursday.

OpenAI considers taking on Google with browser — report

Mercedes-Benz plans to cut costs by several billion euros per year in the coming years, the Handelsblatt newspaper reported on Thursday, citing a spokesperson for the German carmaker.

Mercedes plans to cut costs by several billion euros per year — report

More to come
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SC 2023 Annual Report

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SC 2023 Annual Report

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