<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 15): Microsoft chairman and CEO Satya Nadella's first visit to Malaysia has been postponed with the rescheduling of its Microsoft Build AI Day in Kuala Lumpur.</p></div>

<div class=newsTextDataWrapInner><p>"We appreciate your understanding, and we are actively working to secure a new date for the event. As soon as we have the details, we will communicate them. We apologise once again for any inconvenience and appreciate your continued support," said the company in an emailed statement to the media.</p></div>

<div class=newsTextDataWrapInner><p>Nadella was supposed to give the opening keynote speech at the event.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"Satya will talk about the new era of AI, and the opportunity for every organisation in the region to apply advances in technology to shape what comes next for them, for Kuala Lumpur, Malaysia, and for society more broadly," said Microsoft in its website before the postponement.</p></div>

<div class=newsTextDataWrapInner><p>The Microsoft Build: AI Day is an event that gathers developers, data scientists, and technologists, giving them the opportunity to learn about the latest innovations and opportunities within the AI space, with a focus on generative AI and Microsoft's own Azure OpenAI and GitHub Copilot.</p></div>


Microsoft chairman and CEO Satya Nadella's first visit to Malaysia has been postponed with the rescheduling of its Microsoft Build AI Day in Kuala Lumpur.

Microsoft CEO Satya Nadella's first visit to Malaysia postponed

Al Rajhi Banking & Investment Corporation (Malaysia) Bhd has named Mohd Syahrul Ishak as chief executive officer effective Monday.

Al Rajhi Bank Malaysia names former CIMB exec Mohd Syahrul Ishak as CEO

(May 12): US Senate majority leader Chuck Schumer urged on Sunday for the Federal Trade Commission (FTC) to "pump the breaks" on Chevron Corp's proposed US$53 billion acquisition of Hess Corp.

Schumer urges US Federal Trade Commission to hit the brakes on US$53b Chevron-Hess merger

SYDNEY (May 13): Australian business conditions softened in April, as gains in sales and employment slowed in the face of decade-high interest rates, a survey showed on Monday, while price pressures showed further signs of abating.

Australia business conditions soften in April as employment growth slows

Quarterly earnings reports from Chinese e-commerce giants Alibaba and JD.com this week will be closely watched as barometers for the mood of consumers in the world's second-largest economy.

Chinese e-commerce giants face delicate balance between discounts, profit

China's finance ministry said on Monday it will start the long-awaited sales of long-term treasury bonds that Beijing hopes will help stimulate key sectors of a flagging economy this week.

China to kick off US$138b stimulus bond issues this week

The government of Justin Trudeau pulled back on a threat to hit some real estate investment trusts in Canada with a new tax regime after opposition from the industry.

Canada’s Trudeau backs away from tax threat on apartment owners

Shares of Mi Technovation Bhd (KL:MI) surged to their highest in more than two years after the semiconductor company reported an over four-fold jump in first-quarter net profit.

Mi Technovation surges to over two-year high after 1Q net profit more than quadruples

Pharmaniaga Bhd (KL:PHARMA), the company that holds a dominant position in the supply of pharmaceutical products to government hospitals, is confident it will be nursed back to health by the end of this year.

Frankly Speaking: Air of caution hanging over Pharmaniaga

The US International Trade Commission (USITC) has determined that there is a reasonable indication that an industry in the US is threatened by the import of ferrosilicon from Brazil, Kazakhstan, Malaysia, and Russia.

US investigating sale of ferrosilicon from Malaysia, other countries

The biggest US tech stocks are not only a bet on innovation but also a possible hedge against inflation, according to some respondents in the latest Bloomberg Markets Live (MLIV) Pulse survey.

Nvidia rivals gold as shield against inflation, survey shows

<p>Shares of AwanBiru Technology Bhd (KL:AWANTEC) surged 73% on Monday to their highest in nearly two months as trading resumed with a sharp spike in volume after the company shed its affected listed issuer status.</p>


Awantec surges 73% as trading resumes after shedding affected issuer status

<p>Al Rajhi Banking &amp; Investment Corporation (Malaysia) Bhd has named Mohd Syahrul Ishak as chief executive officer effective Monday.</p>


<p>Shares of Mi Technovation Bhd (KL:MI) surged to their highest in more than two years after the semiconductor company reported an over four-fold jump in first-quarter net profit.</p>


<p>Superpowers led by the US and European Union have funneled nearly US$81 billion (RM384.22 billion) towards cranking out the next generation of semiconductors, escalating a global showdown with China for chip supremacy.</p>


Global chips battle intensifies with US$81b subsidy surge

<p>RHB Investment Bank (RHB IB) Research said that based on the latest market capitalisation rankings of eligible stocks, Sunway Bhd (KL:SUNWAY) is ranked at 24 and will be eligible for inclusion into the list of component stocks of the FBM KLCI if the ranking remains at the cut-off date.</p>


Sunway will be eligible for inclusion as KLCI component stock at AMMB's expense, says RHB IB

<p>The Securities Commission Malaysia (SC) has updated its Investor Alert List.</p>


SC adds five entities to Investor Alert List, three being potential clones

<p>TA Securities has valued ACE Market-bound engineering solutions provider Kawan Renergy Bhd at 12 times calendar year 2025 (CY2025) earnings per share (EPS), arriving at a fair value of 55 sen.</p>


TA Securities values ACE Market-bound Kawan Renergy at 55 sen 

<p>KUALA LUMPUR (May 13): Hong Leong Investment Bank (HLIB) Research has upgraded Press Metal Aluminium Holdings Bhd (KL:PMETAL) to “buy” at RM5.34, with a higher target price (TP) of RM6 (from RM4.65), and said that although aluminium demand has been somewhat dragged by the property slump in China ...

 HLIB: Press Metal set to achieve solid double-digit earnings growth in FY2024

<p>RHB Retail Research said Careplus Group Bhd (KL:CAREPLS) is set for an uptrend reversal after rebounding above the 21-day simple moving average line while surpassing the 31.5 sen immediate resistance last Friday on stronger trading volume.</p>


Careplus set for uptrend reversal, says RHB Retail Research 

<p>Shares of Sungei Bagan Rubber Co (Malaya) Bhd (KL:SBAGAN) and its related companies extended their gains on Monday as investors continued to bid up the stocks on news of buyout of Singapore’s Great Eastern Holdings Ltd.</p>


Sungei Bagan Rubber, related companies extend rally to near two-decade high

<p>KUALA LUMPUR (May 13): Trading of securities in AME Elite Consortium Bhd (KL:AME) has been suspended on Monday, ahead of a material announcement.&nbsp;</p>


Trading of securities in AME Elite suspended ahead of material announcement

<p>Foreign buying of Malaysian equities extended for the third consecutive week, albeit at a slight moderation of 9.3% to RM961.1 million last week from RM1.06 billion the prior week.</p>


Foreign buying of local equities moderated to RM961m last week, says MIDF

<p>President Joe Biden will double, triple and quadruple tariffs on some Chinese goods this week, unveiling the measures at a White House event framed as a defence of American workers, people familiar with the matter say.</p>


Biden’s China tariffs salvo to range from doubling to quadruple, Bloomberg reports

<p>Prime Minister Datuk Seri Anwar Ibrahim is kicking off his latest mission to woo new investments from West Asia with his first official visit to the capital city of Qatar.</p>


Anwar to meet captains of industries, state leaders in Doha

<p>The US International Trade Commission (USITC) has determined that there is a reasonable indication that an industry in the US is threatened by the import of ferrosilicon from Brazil, Kazakhstan, Malaysia, and Russia.</p>


<p>Rakuten Trade said REDtone Digital Bhd (KL:REDTONE) may trend higher after breaking out from its downward channel pattern a few sessions ago.</p>


REDtone may trend higher, says Rakuten Trade 

<p>The Malaysian Bar’s bid to seek a judicial review of the Federal Territories Pardons Board’s decision to cut former prime minister Datuk Seri Najib Razak’s jail term and fine for his conviction in the SRC International case gives hope to the court of public opinion.</p>


Alternative Views: Malaysian Bar gives hope to court of public opinion

<p>Asian share markets made a cautious start on Monday in a week where inflation figures could make or break hopes for earlier US rate cuts, while Chinese activity data will test optimism about a sustained recovery in the world's No 2 economy.</p>


Asia stocks brace for US inflation test, China data

<p>On May 8, the Ministry of Home Affairs (KDN) inked 14 contracts worth RM2.156 billion with local companies in conjunction with the Defence Services Asia (DSA) Exhibition &amp; Conference 2024 and National Security (NATSEC) Asia 2024. The contracts signed include those for information technology, logistics as well as asset upgrade, Home Minister Datuk Seri Saifuddin Nasution Ismail reportedly said.</p>


Frankly Speaking: More details of these 14 contracts, please

<p>Manchester United Women can be one of the elite teams in the game with the backing of the club's new owners Ineos, manager Marc Skinner said after they won their first FA Cup on Sunday.</p>
