US and Iran both deny report of nearing interim nuclear deal

Oil prices headed for second straight weekly loss on demand fears

Pentagon dismisses WSJ report on China spy station in Cuba

Cypark claims RM61m from govt for loss and expenses through arbitration

Kenanga stays ‘overweight’ on autos after 1Q earnings accelerated

EPF records RM15b investment income for 1QFY2023, up 3% y-o-y

my Say: The time has come for GovTech

Uniten, Heitech Padu inks collaboration on cybersecurity research, education

TikTok-owner tests ChatGPT-style bot after joining China AI race

MIDF positive on consumer sector on end of chicken, egg price controls from July

Proton, MSM, Borneo Oil, Tropicana, Sapura, YTL, Bina Puri, Revenue Group, Sentral REIT, PBA, DEHB, Sunway, UOB and Ge-Shen

Consumer spending seen softening in coming months as inflation, economic concerns weigh

Consumer stocks: Uninspiring 1Q earnings but share price weakness may present bargain-hunting opportunities

QT will soon begin to bite with 10% hit to liquidity, BNP warns

Asian stocks to rise as S&P 500 enters bull market

Bursa Malaysia rebounds on stronger Wall Street

DBS: Premature to conclude one-way fall in ringgit against Singapore dollar after fresh lifetime low

Timber product exports up 33-fold to top RM25 bil under MTIB's leadership — Fadillah

Sapura Energy top active on RM1.4b wins, but analyst cautions against liquidity constraints to execute jobs

Rishi Sunak’s government is looking at ways it can avoid a court showdown with the UK’s official inquiry into the Covid-19 pandemic, amid accusations the prime minister is trying to keep key information secret.

Sunak seeking to avoid court showdown over Covid-19 probe

Merck & Co is suing the US over a law that will allow the government to negotiate prescription-drug prices with pharmaceutical companies — a reform aimed at cutting costs for elderly and disabled Medicare patients that the healthcare giant says is tantamount to extortion.

Merck sues US over law aimed at cutting prescription drug prices

Wheat surged after fighting between Russia and Ukraine escalated, with the destruction of a giant dam and damage to an ammonia pipeline that Moscow sees as key in talks about maintaining a safe corridor for Ukrainian grain shipments.

Wheat jumps on dam blast as fighting escalates in Ukraine

European Central Bank President Christine Lagarde said inflation pressures remain powerful and borrowing costs will be raised further to tackle them — cementing expectations for another interest-rate hike at next week’s meeting.

Lagarde says inflation is strong, ECB to hike further

Safran SA is in talks to acquire an arm of Raytheon Technologies Corp that makes products including flight controls, in what could be its biggest purchase in six years.

Safran in talks for US$1b Raytheon flight control unit

Thailand’s prime minister front runner Pita Limjaroenrat said he is prepared to fight a legal complaint over ownership of shares in a defunct media firm, which some analysts say can derail his bid to become the country’s next leader.

Thai PM front runner Pita unfazed by media share controversy

Sequoia Capital, a venture capital powerhouse, is breaking up into three entities across the globe, splitting the Chinese and US operations as tensions grow between the world’s two largest economies.

Sequoia splits into three entities, makes China stand-alone firm

Formula One (F1) mogul Bernie Ecclestone pleaded not guilty to a criminal fraud charge for failing to tell British authorities about assets held in a Singapore bank of around US$650 million (RM2.99 billion).

F1 mogul Ecclestone pleads not guilty for failing to declare US$650m

French unions are holding a fresh day of strikes against Emmanuel Macron’s pension reform in a test of whether the president has succeeded in getting much of the country to move on from the politically damaging fight.

French unions hold new strikes against Macron pension reform

Asian family offices are turning more bearish on property than any other asset class, as interest rates rise and a potential recession looms, according to a Preqin survey.

Among more than 50 single and multi-family offices across the Asia-Pacific region polled by Preqin, 42% expect to cut their real estate capital allocation for the next 12 months, while 63% believe their property portfolio will perform worse over the coming year.

Bloomberg

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Bloomberg

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌