KUALA LUMPUR (May 15): A total of 76 houses in Taman Matang Jaya, Sungai Buloh, Selangor, sustained various types of damage after being struck by flying gravel fragments from a nearby quarry during a blasting operation on Tuesday (May 13).

Quarry blasting causes damage to 76 houses in Sungai Buloh

The High Court has ruled that UK-based Serendib Capital Ltd must pay RM200,000 as security for costs in its lawsuit against Datuk Seri Mahmud Abu Bekir Taib, Sarawak Cable Bhd (KL:SCABLE), and six others.

High Court orders Serendib Capital to pay RM200,000 as security for costs or lose case against Sarawak Cable, Mahmud Abu Bekir

On May 28 last year, Prime Minister Datuk Seri Anwar Ibrahim announced the formation of an inaugural Malaysian social exchange. A social exchange provides a platform where social entities (SEs) such as non-governmental organisations (NGOs) can secure capital from impact investors and various othe...

MY Say: The case for a social exchange over traditional crowdfunding

Malaysia’s national oil company Petroliam Nasional Bhd, or Petronas, said it has signed a production sharing contract for gas and condensate fields in Turkmenistan.

Petronas signs contract for natural gas production in Turkmenistan

KUALA LUMPUR (May 15): The free trade agreement (FTA) negotiations between Malaysia and South Korea have now entered the final phase, to be finalised during the upcoming Asean Summit in Kuala Lumpurt, in October this year.

Zafrul: Malaysia-South Korea free trade agreement negotiations in final phase, to be finalised in October

Seventeen Republican lawmakers urged the Commerce Department to prohibit further sales of equipment from TP-Link Systems Inc, a Wi-Fi router maker whose links to China have raised concerns and prompted investigations in the US.

US lawmakers urge ban on China-linked router maker TP-Link

Singapore private home sales fell for a second month as demand for new projects dimmed at a time when trade tensions are fuelling unease about the economic outlook.

Singapore home sales fall for second month as demand weakens

Venture firm Spark Capital saw a gain of about US$530 million (RM2.27 billion) this week when eToro Group Ltd went public, according to people familiar with the matter — the culmination of an early bet it placed on the Israeli start-up 15 years ago.

eToro's IPO nets Spark Capital US$530m gain from early bet

PUTRAJAYA (May 15): Regardless of labels attached to the 2022 purported leaked “judgement” in Datin Seri Rosmah Mansor’s graft trial, the conclusion that she was guilty in the documents raises concerns and is pertinent in the dispensing of justice, the Court of Appeal (COA) heard on Thursday.

Research or opinion, ‘leaked documents’ on Rosmah’s graft trial should not have been in judgement format, defence argues

Hong Kong’s biggest property developer Sun Hung Kai Properties Ltd sold out the first batch of homes for a new project within hours, as the lowest mortgage rates in more than two years lured buyers.

Hong Kong’s top developer sells out homes in hours as rates fall

Jiangsu Hengrui Pharmaceuticals Co has started taking investor orders for a Hong Kong listing that could raise as much as HK$9.9 billion (US$1.3 billion or RM5.4 billion), the latest significant deal to boost the financial hub’s share-sale recovery.

Hengrui Pharma seeks up to US$1.3b in Hong Kong listing

Gold may retest its record high prices before the year ends as global macroeconomic uncertainty and lower US interest rates continue to drive demand for the safe haven assets, said UBS Investment Bank.

Gold may retest record high after short-term consolidation, says UBS strategist

The UK is drawing up plans for a special visa for foreigners who invest significant sums in Britain, as Prime Minister Keir Starmer’s government seeks to blunt the economic blow from recent tax hikes and wider curbs on work permits.

UK mulling new investor visa targeting key strategic industries, Bloomberg reports

Sanofi said it will invest at least US$20 billion (RM85.76 billion) in the US through 2030, joining other pharmaceutical companies boosting their American operations as US President Donald Trump threatens to impose tariffs and cut prices on drugs.

Sanofi to invest at least US$20b in US through 2030

Sunway Real Estate Investment Trust (KL:SUNREIT) rose on Thursday to a new record high, following a strong start to 2025 with a 20% year-on-year increase in its first-quarter net property income (NPI).&nbsp;

Sunway REIT climbs to new record high after 1Q surprise

KUALA LUMPUR (May 15): MSCI Malaysia Small Cap Index’s latest rebalancing could result in selldown of up to RM146 million in the six stocks to be removed, according to CIMB Securities’ estimates.

MSCI Malaysia Small Cap Index review could result in RM146m selldown — CIMB

Stocks in Asia fell on Thursday for the first time in five sessions as the rally on Wall Street sparked by US-China trade talks showed signs of exhaustion.

Asian stocks, US futures fall as rally loses steam

Genting Singapore has reported earnings of S$145 million (RM479.17 million) for the first quarter ended March 31, 2025 (1QFY2025), down 41% year-on-year (y-o-y). Quarter-on-quarter (q-o-q), earnings grew 2%.

Genting Singapore’s 1Q earnings down 41% to S$145m; CEO Tan Hee Teck retires

KUALA LUMPUR (May 15): Malaysian banks can absorb potential credit risks from US tariffs on borrowers, with a “hefty” RM4.86 billion management overlay — a key buffer used by banks to guard against future loan losses — serving as a shield, according to CGS International.

Malaysian banks have RM4.86b buffer to withstand credit risks from US tariffs — CGS International

Thailand's&nbsp;ambassador to Malaysia, Lada Phumas, has suggested that the East Coast Rail Link (ECRL) project, which starts in Kota Bharu, be extended to the Sungai Golok border to enhance rail connectivity between Malaysia and Thailand.

Thai envoy suggests extending ECRL to Sungai Golok to boost trade

Crude palm oil (CPO) prices and Malaysian palm oil refiners could see gains following Indonesia’s decision to raise its CPO&nbsp;and refined palm oil export levies, according to RHB Investment Bank.

CPO prices, Malaysian refiners may gain from Indonesia’s palm oil export levy hike — RHB

Prime Minister Datuk Seri Anwar Ibrahim said Russia is ready to assist in an independent investigation into the downing of Malaysia Airlines flight MH17 after the United Nation’s aviation council&nbsp;blamed it&nbsp;for the tragedy.

Anwar says Putin is ready to help in independent MH17 probe

Malaysia’s national oil company Petroliam Nasional Bhd, or Petronas, said it has signed a production sharing contract for gas and condensate fields in Turkmenistan.

Oil prices lost nearly US$1 (RM4.29) in early trade on Thursday on expectations of a potential US-Iran nuclear deal, while an unexpected build in US&nbsp;crude oil inventories last week heightened investor concerns about oversupply.

Oil falls more than 1% on expectations for US-Iran nuclear deal

Wall Street’s epic rebound from April’s meltdown is showing signs of exhaustion on speculation stocks have run too fast amid risks stemming from a trade war to an economic slowdown and sticky inflation.

S&P 500 rally wavers as buyer fatigue kicks in

Britain plans to allow state-owned investors to own up to 15% of British newspaper publishers, the government said on Thursday, as part of media reforms that could end long-running uncertainty over ownership of the Telegraph newspaper.

UK to allow foreign states to own a 15% stake in newspapers

The White House said US President Donald Trump had secured deals totalling more than US$243.5 billion (RM1.04 trillion) with Qatar, laying the groundwork for a bigger US$1.2 trillion economic pledge with the tiny Gulf country.

US announces more than US$243b in deals with Qatar

HSBC plans to cut 348 jobs in France through a voluntary redundancy scheme, amounting to about 10% of its workforce in the country, the bank said on Wednesday.

HSBC to cut 10% of its workforce in France

Starbucks Corp&nbsp;has contacted private equity firms, technology companies and others as it considers options for its China business, including a possible stake sale, according to people familiar with the matter.

Starbucks said to start process to revamp vast China business

PUTRAJAYA (May 15): Regardless of labels attached to the 2022 purported leaked “judgement” in Datin Seri Rosmah Mansor’s graft trial, the conclusion that she was guilty in the documents raises concerns and is pertinent in the dispensing of justice, the Court of Appeal (COA) heard on Thursday.

(May 15):&nbsp;Trade chiefs from some of the world’s biggest economies are competing for access to US Trade Representative Jamieson Greer, as they seek to advance negotiations with Washington at a conference in South Korea.&nbsp;

Trade chiefs jostle for time with US Trade Representative Greer at Apec meeting in South Korea

Although the air strikes and artillery fire between India and Pakistan have mostly fallen silent, Pakistan Prime Minister Shehbaz Sharif took aim at his counterpart over the border on Wednesday, accusing Narendra Modi of fanning instability and vowing a harsh response to future attacks.

Pakistan and India shift to war of words after shooting stops

Spain's BBVA could cut up to 2,500 jobs after the acquisition and a subsequent integration of smaller rival Sabadell, newspaper Expansion reported on Wednesday.

The preliminary calculations from BBVA would be equivalent to slightly less than 6% of the current combined workforce of around 42,000 employees in Spain, according to unidentified sources cited by the paper.

Spain's BBVA could cut up to 2,500 jobs after Sabadell integration, Expansion says

Gold may retest its record high prices before the year ends as global macroeconomic uncertainty and lower US interest rates continue to drive demand for the safe haven assets, said UBS Investment Bank.

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