Here is a brief recap of some corporate announcements that made news on Wednesday: Axiata Group Bhd, Cahya Mata Sarawak Bhd, Berjaya Corp Bhd, Mega First Corp Bhd, QL Resources Bhd, Sarawak Oil Palms Bhd, PPB Group Bhd, PJBumi Bhd, Apex Healthcare Bhd, Boustead Heavy Industries Corporation Bhd, FGV Holdings Bhd, Supermax Bhd, Genetec Technology Bhd, Icon Offshore Bhd, Titijaya Land Bhd, Public Bank Bhd, KSL Holdings Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd, Pharmaniaga Bhd.

Axiata, CMSB, Berjaya Corp, Mega First, QL Resources, Sarawak Oil Palms, PPB, PJBumi, Apex Healthcare, Boustead Heavy, FGV, Supermax, Genetec, Icon Offshore, Titijaya, Public Bank, KSL, MHB, Pharmaniaga

Here is a brief recap of some corporate announcements that made the news on Tuesday involving Petronas Chemicals Group Bhd, Press Metal Aluminium Holdings Bhd, IOI Corp Bhd, KLCCP Stapled Group, KPJ Healthcare Bhd, Bank Islam Malaysia Bhd, Gas Malaysia Bhd, IGB Bhd, Hextar Technologies Solutions Bhd, Tropicana Corp Bhd, Leong Hup International Bhd, Farm Fresh Bhd and WCE Holdings Bhd.

PetChem, Press Metal, IOI, KLCCP, KPJ Healthcare, Bank Islam, Gas Malaysia, IGB, HexTech, Tropicana, Leong Hup, Farm Fresh, WCE Holdings

Here is a brief recap of some corporate announcements that made news on Monday: UMW Holdings Bhd, Spritzer Bhd, Velesto, Panda Ecosystem, GDEX Bhd, Tan Chong Motor Holdings Bhd, Guan Chong Bhd, UMediC Group Bhd, Perak Corp Bhd, Advancecon Holdings Bhd, Microlink Solutions Bhd, Keck Seng (M) Bhd, Heineken Malaysia Bhd, Tiong Nam Logistics Holdings Bhd, LKL International Bhd.

UMW Holdings, Spritzer, Velesto, Panda Eco System, GDex, Tan Chong Motor, Guan Chong, UMediC, Perak Corp, Advancecon, Microlink, Keck Seng, Heineken, Tiong Nam Logistics, Oppstar, LKL International 

Here is a brief recap of some corporate announcements that made news on Friday involving Leform Bhd, Malakoff Corporation Bhd, Apex Equity Holdings Bhd, MBSB Bank Bhd, Far East Holdings Bhd, Bintulu Port Holdings Bhd, Tenaga Nasional Bhd, ECM Libra Group Bhd, Sime Darby Plantation Bhd, Avaland Bhd, Sam Engineering & Equipment (M) Bhd, Al-Aqar Healthcare Real Estate Investment Trust’s (Al-Aqar REIT) and Sersol Bhd.

Leform, Malakoff, Apex Equity, MBSB, Far East, Bintulu Port, TNB, ECM Libra, Sime Darby Plantation, Avaland, Sam Engineering, Al-Aqar REIT and Sersol  

Here is a brief recap of some corporate announcements that made news on Thursday: Genting Bhd, Genting Malaysia Bhd (GenM), Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia), Jentayu Sustainables Bhd, Thong Guan Industries Bhd, Kanger International Bhd, S P Setia Bhd, AME Elite Consortium Bhd, Allianz Malaysia Bhd, DRB-Hicom Bhd, Petronas Dagangan Bhd (PetDag), Dayang Enterprise Holdings Bhd, YTL Corp Bhd, Kelington Group Bhd, TSH Resources Bhd, Telekom Malaysia Bhd, Petron Malaysia Refining & Marketing Bhd, Kerjaya Prospek Property Bhd, Fiamma Holdings Bhd, MSM Malaysia Holdings Bhd and Daythree Digital Bhd.

Genting, GenM, Syarikat Takaful, Jentayu Sustainables, Thong Guan, Kanger International, S P Setia Bhd, AME Elite, Allianz, DRB-Hicom, PetDag, Dayang, YTL Corp, Kelington, TSH Resources, TM, Petron, Kerjaya Prospek, Fiamma, MSM Malaysia and Daythree Digit

Here is a brief recap of some corporate announcements that made news on Wednesday involving Widad Group Bhd, Kawan Food Bhd, SkyWorld Development Bhd, Dutch Lady Milk Industries Bhd, Taliworks Corp Bhd, Malayan Banking Bhd (Maybank), Sunway Bhd, MST Golf Group Bhd, Malayan Flour Mills Bhd (MFlour), Pos Malaysia Bhd, Time Dotcom Bhd, Supercomnet Technologies Bhd, Boustead Plantation Bhd, Genting Plantations Bhd, AMMB Holdings Bhd, MISC Bhd and Hibiscus Petroleum Bhd.

Widad, Kawan Food, SkyWorld, Dutch Lady, Taliworks, Maybank, Sunway, MST Golf, MFlour, Pos Malaysia, Time DotCom, Supercomnet, Boustead Plantation, Genting Plantations, AMMB, MISC and Hibiscus Petroleum

KUALA LUMPUR (Nov 21): Here is a brief recap of some corporate announcements that made news on Tuesday: Mestron Holdings Bhd, Shangri-La Hotels (Malaysia) Bhd, LBS Bina Group Bhd, Hap Seng Consolidated Bhd, Berjaya Assets Bhd (BAssets), Sunway Construction Group Bhd, Star Media Group Bhd, Teo Seng Capital Bhd, Mega First Corp Bhd, Perdana Petroleum Bhd, Privasia Technology Bhd, Comfort Gloves Bhd, Kerjaya Prospek Group Bhd, Kumpulan Perangsang Selangor Bhd (KPS), AirAsia X Bhd (AAX).

Mestron, Shangri-La, LBS Bina, Hap Seng, Berjaya Assets, SunCon, Star Media, Teo Seng Capital, Mega First, Perdana Petroleum, Privasia, Comfort Gloves, Kerjaya Prospek, KPS, AAX

KUALA LUMPUR (Nov 20): Here is a brief recap of some corporate announcements that made news on Monday: Cape EMS Bhd,MyEG Services Bhd, Muhibbah Engineering (M) Bhd,Green Packet Bhd, CPE Technology Bhd,Mesiniaga Bhd, Eurospan Holdings Bhd,Petronas Gas Bhd,Mr DIY Group (M) Bhd, XL Holdings Bhd.

Cape EMS, MyEG, Muhibbah Engineering, Green Packet, CPE Tech, Mesiniaga, Eurospan, Petronas Gas, Mr DIY, XL Holdings Bhd

Here is a brief recap of some corporate announcements that made news on Thursday: Sunway Real Estate Investment Trust’s (Sunway REIT), Pecca Group Bhd, United Plantations Bhd, Formosa Prosonic Industries Bhd, Salutica Bhd, MAA Group Bhd, ELK-Desa Resources Bhd, Bumi Armada Bhd.

Sunway REIT, Pecca, United Plantations, Formosa Prosonic, Salutica, MAA Group, ELK-Desa, Bumi Armada

Here is a brief recap of some corporate announcements that made news on Wednesday: VSTECS Bhd, Dialog Group Bhd, Amway (Malaysia) Holdings Bhd, UEM Sunrise Bhd, Berjaya Corp Bhd, REDtone Digital Bhd, Berjaya Food Bhd, Kossan Rubber Industries Bhd, Malaysian Pacific Industries Bhd, Crescendo Corp Bhd, Plytec Holdings Bhd.

VSTECS, Dialog, Amway, UEM Sunrise, Berjaya, REDtone Digital, BJFood, Kossan Rubber, MPI, Crescendo, Plytec

Here is a brief recap of some corporate announcements that made the news on Tuesday: LBS Bina Group Bhd,TMC Life Sciences Bhd, Dialog Group Bhd,Ranhill Utilities Bhd, Reservoir Link Energy Bhd, Matrix Concepts Holdings Bhd, JF Technology Bhd, IHH Healthcare Bhd, Malakoff Corp Bhd, K Seng Seng Corporation Bhd.

LBS Bina, TMC Life, Dialog, Ranhill Utilities, Reservoir Link Energy, Matrix Concepts, JF Tech, IHH Healthcare, Malakoff, KSSC 

Here is a brief recap of some corporate announcements that made news on Friday involving Sime Darby Bhd, GuocoLand (Malaysia) Bhd, Hextar Industries Bhd (HIB), Advancecon Holdings Bhd, LBS Bina Group Bhd, Ibraco Bhd, SLP Resources Bhd, Asdion Bhd, Adventa Bhd, Maxis Bhd and Boustead Plantations Bhd.

Sime Darby, GuocoLand, Hextar Industries, Advancecon, LBS Bina, Ibraco, SLP Resources, Asdion, Adventa, Maxis and Boustead Plantations

Here is a brief recap of some corporate announcements that made news on Thursday: KNM Bhd, Mi Technovation Bhd, Southern Steel Bhd, Vestland Bhd, Sentral REIT, Westports Holdings Bhd.

KNM, Mi Technovation, Southern Steel, Vestland, Sentral REIT, Westports

Here is a brief recap of some corporate announcements that made the news on Wednesday, involving: Swift Haulage Bhd, Fraser & Neave Holdings Bhd (F&N), Hup Seng Industries Bhd, AME Real Estate Investment Trust (AME REIT), Duopharma Biotech Bhd and UEM Sunrise Bhd.

Swift, F&N, Hup Seng, AME REIT, Duopharma, UEM Sunrise

SEOUL (Nov 30): North Korea said it would never negotiate its sovereignty with the United States, criticising Washington as "double-faced" for offering talks, while ramping up military activities in the region, state media KCNA reported on Thursday.

North Korea says it will not negotiate sovereignty with 'double-faced' US

KKR & Co will pay about US$2.7 billion (RM12.56 billion) in cash to acquire the remaining 37% of Global Atlantic that it doesn’t already own, broadening its bet on insurance to fuel asset and fee growth.

KKR to pay US$2.7b for rest of insurer Global Atlantic

Shares in Pharmaniaga Bhd fell in early trade on Thursday, after the pharmaceutical group proposed a regularisation plan that consists of a capital reduction exercise, renounceable rights issue of news shares plus private placement, to raise up to RM654.61 million to pare down debts.

Pharmaniaga slips on 3Q net loss, opaque outlook

KUALA LUMPUR (Nov 30): The revival of several mega infrastructure projects has provided the much-needed impetus to the Malaysian construction sector, driving the construction stocks index on Bursa Malaysia to a two-year high by 20.74% year-to-date (as of Nov 27), as well as the industry to post stronger growth.

Revival of mega infrastructure projects sparks construction sector growth, sustainability at work

Activity in China’s manufacturing and services sectors shrank in November, adding to expectations for additional government support for the economic recovery, as it struggled to regain steam.

China's factory, services activity shrinks in sign of recovery woes

How many times have we bought a cup of coffee much larger than what we need simply because it was only slightly more expensive? Or looked at our long “to-do” lists and decide that the next course of action would be to take a quick nap?

These are just some of the many behavioural biases ...

My Say: Behavioural interventions: Nudging Malaysia towards retirement adequacy

For two hours on an early February morning, Sunac China Holdings Ltd chief financial officer Gao Xi delivered a tirade against bondholders — hitting the table as he told them the distressed developer had already made its best offer.

China’s shattered property bond market finds hope in Sunac deal

Hong Leong Investment Bank (HLIB) Research has upgraded Kimlun Corp Bhd to a "hold" from a "sell", and raised its target price (TP) to 79 sen from 72 sen, despite the engineering and construction outfit's results for the nine months ended Sept 30, 2023 (9MFY2023) missing expectations.

HLIB Research upgrades Kimlun to 'hold', TP to 79 sen

In a year in which little has gone right in the US bond market, November turned out to be a month for the record books.

Investors frantically bid up the price of Treasuries, agency and mortgage debt, sparking the best month since the 1980s and igniting a powerful pan-markets rally in everything from stocks to credit to emerging markets. Even obscure cryptocurrencies, the sort of speculative, uber-risky assets that struggled when yields were soaring, posted big gains.

Bond market's best month since 1980s sparks cross-asset rally

Elon Musk, the billionaire owner of X, said the advertisers that had stopped spending on the platform due to his endorsement of an antisemitic post can “f——” themselves.

Elon Musk, slinging expletives, says advertiser boycott on X may kill it

Here is a brief recap of some corporate announcements that made news on Wednesday: Axiata Group Bhd, Cahya Mata Sarawak Bhd, Berjaya Corp Bhd, Mega First Corp Bhd, QL Resources Bhd, Sarawak Oil Palms Bhd, PPB Group Bhd, PJBumi Bhd, Apex Healthcare Bhd, Boustead Heavy Industries Corporation Bhd, FGV Holdings Bhd, Supermax Bhd, Genetec Technology Bhd, Icon Offshore Bhd, Titijaya Land Bhd, Public Bank Bhd, KSL Holdings Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd, Pharmaniaga Bhd.

UEM Sunrise Bhd said its former Canadian unit has been sued for defects in one of its buildings in the mixed residential and commercial use complex located in the province of British Columbia, known as Quintet Tower D.

UEM Sunrise's Canadian unit sued for defects in building

KUALA LUMPUR (Nov 29): Rapid KL has denied a viral post that there was an explosion or fire involving a Mass Rail Transit (MRT) train along the Kajang route this afternoon.

Rapid KL in a statement on Wednesday informed that the incident only involved the sound of a spark from train numb...

Rapid KL denies explosion involving MRT train

Oil and gas (O&amp;G) services provider Velesto Energy Bhd's net profit for the third quarter ended Sept 30, 2023 (3QFY2023) dropped 91.9% to RM1.22 million from RM14.97 million in the corresponding quarter a year ago, despite higher revenue, as it incurred higher operating and finance costs.

Velesto Energy's 3Q profit drops 91%, dragged by higher costs

Malaysia Building Society Bhd’s (MBSB) net profit dropped 44.3% to RM32.84 million or 0.46 sen for the third quarter ended Sept 30, 2023 (3QFY2023), from RM58.96 million or 0.82 sen a year earlier.

MBSB's 3Q net profit down 44% on higher opex, impairment

Shares in Pharmaniaga Bhd fell in early trade on Thursday, after the pharmaceutical group proposed a regularisation plan that consists of a capital reduction exercise, renounceable rights issue of news shares plus private placement, to raise up to RM654.61 million to pare down debts.

Analysts lowered their target prices (TPs) for Axiata Group Bhd, after the telecommunications company’s net loss widened to RM797.41 million for the third quarter ended Sept 30, 2023 (3QFY2023), from RM52.4 million a year ago, mainly due to asset impairment and lower share of results from subsidiary CelcomDigi Bhd.

Analysts lower target prices for Axiata on wider 3Q net loss, frontier market risks

KUALA LUMPUR (Nov 30): Shares in Supermax Corp Bhd fell 7.77% in the morning session on Thursday, after the glovemaker logged a net loss of RM2.05 million in the first quarter ended Sept 30, 2023 (1QFY2024), marking the group’s fourth straight loss-making quarter, as revenue shrunk amid weaker demand and persistent lower selling prices. Its quarterly loss narrowed from the preceding three quarters.

Supermax slides 7.77% after fourth straight loss-making quarter

Warren Buffett’s Berkshire Hathaway Inc&nbsp;said the billionaire former owner of Pilot Travel Centers sought to influence Pilot executives’ business decisions in order to juice the company’s quarterly earnings and pump up the value of his remaining stake in the truck stop chain.

Buffett's Berkshire says billionaire Haslam promised illicit payments to juice Pilot’s profit

Singapore and Zurich surpassed New York to become the&nbsp;world’s most expensive cities to live in this year, according to a new global survey.

Singapore, Zurich surpass New York to become world’s most expensive cities to live in — survey

MSCI's global equities index crept higher on Wednesday, while Treasury yields fell, as third-quarter data provided encouraging signs for the economy even as US&nbsp;Federal Reserve (Fed) officials provided mixed messages on monetary policy.

Equities gain while Treasury yields fall on data, talk of Fed rate cuts

As a rush of Wall Street strategists call for all-time highs in US stocks in the year ahead, JPMorgan Chase &amp; Co&nbsp;stands apart, releasing the gloomiest forecast so far among its peers.

JPMorgan’s S&P 500 outlook for 2024 is grimmest on Wall Street

US&nbsp;stocks edged lower on Wednesday as a robust upward gross domestic product (GDP) revision eased recession fears, while Federal Reserve (Fed) officials' remarks raised questions about the duration of the central bank's restrictive policy.

S&P 500 ends lower on mixed Fed messages, PCE on deck

Elon Musk, the billionaire owner of X, said the advertisers that had stopped spending on the platform due to his endorsement of an antisemitic post can “f——” themselves.

The Kemaman by-election is crucial to ensure the continued strength of the unity government, and its ability to carry out various efforts to safeguard the welfare of the people, said Prime Minister Datuk Seri Anwar Ibrahim.

Kemaman by-election on Saturday crucial to ensure unity govt's strength, says Anwar

Bursa Malaysia opened lower on Thursday, extending Wednesday's selling activities in most indices, following a mixed performance on Wall Street overnight, a dealer said.&nbsp;

Bursa opens lower following mixed performance on Wall Street

TA Securities sees a positive outlook for Malaysia Airports Holdings Bhd (MAHB), against the backdrop of the pending signing of a new operation agreement (OA) and the announcement of the new passenger service charge (PSC) for 2024, and the impairment of receivables comprising mainly RM27.4 million from MyAirline&nbsp;suspension. &nbsp;

TA Securities upgrades MAHB to 'hold', raises target price amid strong recovery prospects

The ringgit opened lower against the US dollar on Thursday, as the greenback climbed, after data showed that the US economy grew faster in the third quarter, amid rising concerns of an early US interest rate cut, said an analyst.

Ringgit opens lower against US dollar in early trade

Nvidia Corp chief executive officer Jensen Huang, who runs the semiconductor industry’s most valuable company, said the US is as much as 20 years away from breaking its dependence on overseas chipmaking.

Nvidia CEO says US will take years to achieve chip independence

The Indian economy is likely to continue its strong growth in the quarter to end of September, helped by a solid urban consumption and government spending, outpacing a slowing global economy squeezed by elevated interest rates and higher energy prices.

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