ON Thursday, my portfolio declined while the broader market picked up.

The portfolio value went down by 0.74% to RM 109,306.48 while the FBM KLCI increased by 0.16%.

Total returns for the portfolio decreased from 10.1% to 9.3%.

The portfolio started on...

Tong Kooi Ong's Portfolio

ON Wednesday, my portfolio performed well while the broader market fell.

The portfolio value went up by 1.67% to RM110,124.31 while the FBM KLCI decreased by  0.01%.

Total returns for the portfolio increased from 8.3% to 10.1%.

The portfolio start...

Tong Kooi Ong's Portfolio 

MY portfolio declined yesterday,  while the broader market gained momentum.

MY portfolio registered a good performance last Friday, although the market was subdued.

MY portfolio lost traction yesterday, in line with the drop in the broader market.

MY portfolio ended the first trading day of the month with a slightly decreased position as compared to 29th August.

The recent high-profile kidnapping of a Chinese actor in Thailand has dented the country’s appeal among tourists just weeks before China’s biggest annual holiday.

Chinese travellers shun Thailand after actor’s abduction

PUTRAJAYA (Jan 13): Muar Member of Parliament Syed Saddiq Abdul Rahman was granted temporary access to his passport by the Court of Appeal on Monday, to allow him to travel to Singapore, and to Kota Kinabalu, Sabah.

Syed Saddiq granted temporary release of passport for travel to Singapore and Sabah

(Jan 13): Traders in the options market are preparing for the pound to tumble as much as 8% more as fiscal woes that prompted a painful selloff across UK markets last week weigh on the currency.

There’s sizable demand for contracts that pay out below $1.20 — around 1% lower than wh...

Pound traders are ready for another 8% slump after selloff

The Domestic Trade and Cost of Living Ministry has opened an investigation paper into a sandwich bread factory in Sunway Damansara, Petaling Jaya, Selangor for suspected misuse of the halal logo.

Its enforcement director-general, Datuk Azman Adam said in a statement on Monday that the factory is being investigated for suspected violations of Paragraph 4(1) of the Trade Description Act 2011 [Act 730], which is an offence under Paragraph 8(a) of the Trade Description Order (Halal Certification and Marking) 2011.

Domestic Trade Ministry opens investigation paper on bread factory suspected of misusing halal logo

(Jan 13): Citigroup has appointed Jeff Wu as head of markets sales for China, effective immediately, aiming to unify its sales efforts across all of its market products in the country, according to an internal memo seen by Reuters on Monday.

Citigroup names Jeff Wu as China markets sales head

(Jan 13): Pakistan is preparing to debut yuan-denominated bonds this year to shore up finances, its Finance Minister said, while the government remains optimistic of meeting the International Monetary Fund’s bailout loan terms.

The South Asian nation is planning to raise $200 million to...

Pakistan makes progress on first Panda bonds, Finance Chief says

Global stocks fell on Monday, while the dollar hit 26-month peaks following a bumper US jobs report that prompted investors to question if interest rates will fall at all this year, just as earnings season is about to get underway.

Stocks tumble as traders cast doubt on 2025 rate cut

Malaysian stocks were broadly lower on Monday led by construction and property companies, while the country’s benchmark index fell to a five-month low.

Investors in Asia reacted poorly to the latest jobs data in the US that pointed to a robust economy, threatening the prospects of rate cuts by the Federal Reserve. The ringgit also depreciated along with other emerging Asian currencies under pressure from a strengthening US dollar.

Malaysian stocks broadly lower as KLCI falls to five-month low, ringgit weakens

The police will record former Rembau Member of Parliament Khairy Jamaluddin’s statement on Monday over his claim on the existence of an additional document regarding former Prime Minister Datuk Seri Najib Tun Razak’s purported house arrest.

Police record Khairy's statement on Monday

PETALING JAYA (Jan 13): Malaysia will champion three transformative initiatives — energy decarbonisation, biodiversity protection and economic connectivity — to chart a bold course for the future of Asean in its journey towards realising the Sustainable Development Goals (SDGs).

Malaysia to lead Asean’s sustainable future with three key initiatives — Fadillah

Prospect Medical Holdings Inc, once an active buyer of cash-strapped hospitals, filed for bankruptcy after struggling with debt piles and soaring costs.

Private hospital owner Prospect Medical files for bankruptcy

Malaysian stocks were broadly lower on Monday led by construction and property companies, while the country’s benchmark index fell to a five-month low.

Investors in Asia reacted poorly to the latest jobs data in the US that pointed to a robust economy, threatening the prospects of rate cuts by the Federal Reserve. The ringgit also depreciated along with other emerging Asian currencies under pressure from a strengthening US dollar.

Global stocks fell on Monday, while the dollar hit 26-month peaks following a bumper US jobs report that prompted investors to question if interest rates will fall at all this year, just as earnings season is about to get underway.

Gamuda Bhd (KL:GAMUDA) said its consortium has been appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit project.

Gamuda gets first package worth over RM8 bil of Penang LRT project

The government on Monday wants to apply for a gag and prohibitive order to refrain the public from discussing issues pertaining to a purported addendum allowing former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence under house arrest, as it involves sensitive matters.

Govt wants prohibitive and gag order on addendum

City Motors Group has officially opened its 42-storey Alfa Bangsar mixed-use development located at the intersection of Jalan Maarof and Jalan Tandok in Bangsar, Kuala Lumpur, last Friday (Jan 10).

City Motors Group officially opens Alfa Bangsar and Holiday Inn Kuala Lumpur Bangsar

KUALA LUMPUR (Jan 13): Tun Dr Mahathir Mohamad failed in his judicial review application to challenge the Pulau Batu Puteh Royal Commission of Inquiry’s decision not to allow the presence of his lawyers during the proceedings.

Court dismisses Dr M’s bid to challenge decision to not allow his lawyers to be at Batu Puteh RCI

KUALA LUMPUR (Jan 13): Rising production and delays in implementing biodiesel mandates in Indonesia may weaken palm oil prices beyond the first quarter of 2025, even as latest data show a 19-month low stockpile, analysts say.

Rising production, Indonesia’s biodiesel delays likely to weaken CPO prices — analysts

CAPE EMS Bhd (KL:CEB), which started its Bursa Malaysia journey on a high note in 2023, has found itself in the midst of a corporate storm this year.

A sequence of financial missteps, margin calls and declining investor confidence has left the electronics manufacturing services (EMS) pr...

Turkeys Of The Year: Cape EMS’ dramatic fall from grace

Europe’s largest pension fund sold its entire €571 million (US$585 million or RM2.63 billion) stake in Tesla Inc&nbsp;in the third quarter, partly due to disagreement with Elon Musk’s remuneration package.

Europe’s largest pension fund sold Tesla stake over Musk’s pay

(Jan 13): The UK is planning special districts for constructing data centres and will explore dedicating nuclear energy to the sites as part of a Labour government project to boost technology growth and the ecosystem for artificial intelligence (AI).

UK will explore nuclear power for new AI data centre plan

Allianz Malaysia Bhd’s (KL:ALLIANZ) earnings outlook is clouded by uncertainties over future premium increases, Maybank Investment Bank said and downgraded the country’s largest general insurer.

Allianz Malaysia's earnings outlook clouded by premium uncertainties, Maybank says in downgrade to 'hold'

Local institutions supported Bursa Malaysia for the 12th consecutive week, with net purchases of RM281.9 million, according to MIDF Amanah Investment Bank Bhd.

MIDF: Local institutions back Bursa Malaysia for 12th straight week

Malaysia’s wholesale and retail trade growth decelerated to 4.7% year-on-year in November, largely driven by sales in non-specialised and specialised stores, official data on Monday showed.

Malaysia's wholesale and retail trade growth slows in November, official data show

DATA centres (DCs), which have grown in importance in the age of digitalisation, took centre stage in 2024 owing to the massive foreign direct investments (FDI) into the sector and Putrajaya’s recent approval of a total DC capacity of 4gw, making Malaysia a “DC powerhouse” in the region and a pro...

Stories Of The Year: Can Malaysia capitalise on its data centre ambitions?

KUALA LUMPUR (Jan 13): Former prime minister Datuk Seri Najib Razak said that he returned the purported Arab donation, because the 13th general elections were over and he didn’t need a large sum of money.

1MDB-Tanore: Najib says GE13 over, no need for such large sum, returned monies

Al-Salam Real Estate Investment Trust (KL:ALSREIT) will see “significant” rental growth from this year onwards thanks to higher occupancy at its most valuable property, BIMB Securities said.

Al-Salam REIT to see significant rental growth in 2025 onwards, BIMB says in starting coverage with 'buy' call

SINGAPORE/BANGALORE (Jan 13):&nbsp;Oil prices extended gains for a third session on Monday, with Brent rising above US$80 (RM360.63) a barrel to its highest in more than four months, as wider US sanctions are expected to affect Russian crude exports to top buyers China and India.

Oil jumps as new US sanctions to curb Russian supply to China, India

For years it’s seemed like nothing could stop the stock market’s inexorable march higher, as the S&amp;P 500 Index soared more than 50% from the start of 2023 to the end of 2024, adding US$18 trillion (RM81.16 trillion) in value in the process. Now, however, Wall Street is seeing what can ultimately derail this rally: treasury yields above 5%.

S&P’s US$18 trillion rally threatened by psychology of 5% yields

For those unsettled by the relentless rise in government bond yields in the US and across much of the world lately, the message from markets is getting clearer by the day: Get used to it.

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