JPMorgan Chase & Co abandoned its buy recommendation for Chinese stocks, citing heightened volatility around the upcoming US elections in addition to growth headwinds and tepid policy support.

JPMorgan abandons recommendation to buy China stocks ahead of US election

Nomura Global Markets Research has upgraded Malaysian stocks to 'overweight' from 'neutral', as part of its equity strategy call that an imminent US rate cut will stoke a rally in emerging markets.

Time to add Malaysian stocks as Fed cuts rates, says Nomura

Investors are advised to prioritise productive assets over speculative ones, amid limited availability of shariah-compliant hedging instruments, according to Bursa Malaysia.

Investors should focus on productive assets amid limited shariah-compliant hedging — Bursa

Rakuten Trade Sdn Bhd raised its year-end target for the benchmark FBM KLCI to 1,730 points (from 1,660 previously), driven by an influx of foreign direct investment (FDI) in data centres, improved corporate earnings and domestic liquidity.

Rakuten Trade raises year-end KLCI target to 1,730, overweight on banking, construction, tech, telco, power and utilities

Hong Leong Investment Bank (HLIB) Research maintained its 'overweight' rating of the construction sector, and said domestic contract awards jumped 41% year-on-year to RM20.7 billion in the first half of the year (1H2024), driven by data centre (DC) awards.

HLIB sees sizeable public infrastructure projects materialising in 2H

Hong Leong Investment Bank (HLIB) Research has maintained its 'neutral' rating for the glove sector, and said it expects glove makers under its coverage to deliver sequentially stronger earnings in the coming quarters.

HLIB expects glove makers to deliver sequentially stronger earnings in coming quarters

Hong Leong Investment Bank (HLIB) retained its 'overweight' call on the construction sector for the second half of the year (2H2024), anticipating the roll-out of big-ticket infrastructure contracts.

HLIB upbeat on sizeable roll-outs in 2H, names Gamuda and SunCon as favourite contractors

Kenanga Research said real estate investment trusts (REITs) are not the best alternative to holding cash, while reiterating its 'neutral' call on the sector.

REITs not great alternative to cash, says Kenanga

TA Securities maintained its 'overweight' call on the semiconductor industry, after the global market saw robust sales growth in May, hitting US$49.1 billion (RM231.26 billion), up 4.1% month-on-month (m-o-m) and 19.3% year-on-year (y-o-y).

TA stays 'overweight' on semiconductor industry, Inari the top pick

The Malaysian stock market is seen maintaining its momentum and breaching the 1,700-point level by end this year, driven mainly by a stronger ringgit and robust domestic economic growth.

Analysts stay sanguine on local stock market, see KLCI breaching 1,700 level by year end

Kenanga Research has maintained its end-calendar year 2024 (CY2024) FBM KLCI target of 1,700 points, based on 16 times CY2024 earnings (+16.2%).

In a market strategy note on Friday, the research house projected KLCI’s earnings growth to moderate to 8.1% in CY2025.

KLCI earnings growth to moderate to 8.1% in 2025, says Kenanga

Malaysia and Indonesia are expected to be the prime beneficiaries of rising demand for data centres due to artificial intelligence (AI) growth, according to CGS International.

CGS says M'sia a prime beneficiary of data centre boom, names Gamuda, YTL, SunCon as top picks

Kenanga Research has maintained its 'neutral' rating for the utilities sector, and said the sector offers earnings defensiveness backed by regulated assets.

Utilities sector offers earnings defensiveness, says Kenanga Research

RHB Investment Bank has maintained its 'overweight' rating for the healthcare facilities and services sector, with IHH Healthcare Bhd (KL:IHH) as its top pick.

RHB IB sees stronger 2H for private healthcare, IHH the top pick

CAIRO (Sept 14): At least three people were killed and 49 others wounded in a collision between two passenger trains in Zagazig city northeast of Cairo, Egypt's health ministry said on Saturday.

At least three killed, 49 injured in Egypt train collision

KUALA LUMPUR (Sept 15): Inspired by the ongoing “Naomi: In Fashion” exhibition at the Victoria & Albert museum in London, we take a look at some of the most unforgettable moments in the groundbreaking model, cultural icon and activist’s 40-year (and counting) career history, starring Suganya Bala Subramaniam.

Super trouper

KUALA LUMPUR (Sept 15): Malaysia’s thriving building and construction industry is central to the country’s economic development and plays a pivotal role in nation-building. In conjunction with Malaysia Day this year, some of the country’s top property developers and key real estate associations share their thoughts on what being Malaysian means to them and their organisations, as well as their hopes for the country.

Building together

PAS' 70th muktamar on Saturday unanimously approved seven proposed amendments to the party's constitution, including the creation of clear and strict anti-party-hopping provisions.

PAS amends constitution; those joining, supporting another party automatically lose membership

The Selangor Islamic Religious Department (JAIS) has been ordered to conduct an immediate investigation into all welfare homes and Islamic schools in the state associated with Global Ikhwan Services and Business (GISB) Holdings and its network, according to the Selangor Islamic Religious Council (MAIS).

JAIS to probe welfare homes, religious schools linked to GISB over purported teachings that deviate from Islam

Permanent and pensionable civil servants who opt for the Public Service Remuneration System (SSPA) will not only have a permanent and unaffected pension, but will also receive salary adjustments.

Permanent civil servants opting for new remuneration system to keep pension, get salary adjustments

The chief executive officer of the Malaysian Palm Oil Council (MPOC), Belvinder Kaur Sron, on Saturday called on the European Union to delay the implementation of its Deforestation Regulation (EUDR), in order to address flaws of the policy.

MPOC calls on EU to delay implementation of its deforestation regulation

Wars, disease, famine, pestilence and weather disturbances have marked 6,000 years of man’s recorded history. Yet mankind survived. The dropping of atomic bombs in 1945, followed by the proliferation of nuclear weapons have ironically not made the world less safe in the 80 years after the Second World War. The ravaging impact of climate change, on the other hand, has so far not spared any country or continent. Hence, unlike earlier threats to civilisation which were localised within a country or continent — even the Second World War was essentially a European and Asian conflict — global warming and climate change affect the entire world. It is a global crisis requiring global response. In consequence, climate crisis has emerged as the greatest existential threat, not just to mankind, but to our very Earth.

Practitioners of the law must be fully immersed in climate governance

The police carried out six months of intelligence and investigations before raiding 20 care homes linked to Global Ikhwan Services and Business (GISB) Holdings over allegations of child exploitation and abuse.

Care homes raided following six months of intelligence, probe — IGP

PAS has refuted that the party is related to a company that allegedly exploited children and religion, following raids on 20 charity homes around Selangor and Negeri Sembilan and the arrest of 171 individuals recently.

PAS denies link with company suspected of exploiting children, religion

PAS' 70th muktamar on Saturday unanimously approved seven proposed amendments to the party's constitution, including the creation of clear and strict anti-party-hopping provisions.

KUALA LUMPUR (Sept 15): Malaysia’s thriving building and construction industry is central to the country’s economic development and plays a pivotal role in nation-building. In conjunction with Malaysia Day this year, some of the country’s top property developers and key real estate associations share their thoughts on what being Malaysian means to them and their organisations, as well as their hopes for the country.

KUALA LUMPUR (Sept 15): Inspired by the ongoing “Naomi: In Fashion” exhibition at the Victoria &amp; Albert museum in London, we take a look at some of the most unforgettable moments in the groundbreaking model, cultural icon and activist’s 40-year (and counting) career history, starring Suganya Bala Subramaniam.&nbsp;

CAIRO (Sept 14): At least three people were killed and 49 others wounded in a collision between two passenger trains in Zagazig city northeast of Cairo, Egypt's health ministry said on Saturday.

Strategy

‌
‌

Strategy

‌‌

‌
‌