US corporate debt binge could be hard to sustain

CC Puan declared bankrupt for failing to settle RM31m owed to Medinis, Everegion

AI boom gets fresh gut check as Nvidia drops most since January

McCarthy's moment: Debt ceiling win secures Republican US House speaker's standing

Stocks rise on China data surprise, Fed pause talk

IMF urges BOJ to keep ultra-low rates, but be ready to shift course

Bahvest shares traded actively, share price rises on boardroom changes

NCT Alliance posts RM7m net profit in 1Q

Asia’s super rich plan to invest more in Greater China, UBS says

Fadillah visits Belgium’s Port of Antwerp-Bruges

CIMB, HLB, PPB, IHH, Capital A, Leong Hup, Guan Chong, Takaful, Duopharma Biotech, Bintulu, EG, Ekovest, Datasonic, Samchem, Radium and YNH

Serba Dinamik says couldn’t release 3Q results by May 31 due to 'significant loss of manpower'

50 richest Malaysians added US$1.1 bil to wealth last year, says Forbes

Why 40°C is bearable in a desert but lethal in the tropics

Global money is fast chasing alternatives in Asian equities as China anxiety grows

Contaminated drugs, shredded papers: US FDA uncovers failures in India pharma factories

Affin Bank names JP Morgan’s Nurjesmi as new CEO of Affin Hwang Investment Bank, confirms The Edge report

Business conditions remain challenging, PMI dipped to 47.8 in May

US debt ceiling bill passes House with broad bipartisan support

Wall St falls as labor data spurs rate hike jitters before debt ceiling vote

Tesla Inc chief executive Elon Musk departed Shanghai Thursday morning, wrapping up a two-day trip to China in which he met government ministers, a key battery supplier and visited the automaker's biggest production hub.

Elon Musk wraps up whirlwind China trip

NEW YORK (June 1): Large U.S. companies have been on a bond issuance binge but this rapid pace in supply may be hard to sustain ahead of expected volatility related to extending the U.S. debt ceiling and another possible move higher in interest rates.

Investment-grade rated compani...

WASHINGTON (May 31): Kevin McCarthy earned his stripes as Republican speaker of the US House of Representatives on Wednesday, navigating fierce hardline opposition to pass a debt ceiling bill containing federal spending limits that President Joe Biden for months vowed to resist.

TOKYO (June 1): The Bank of Japan must keep monetary policy ultra-loose as it will take time to re-anchor inflation expectations to its 2% target, International Monetary Fund's chief economist Pierre-Olivier Gourinchas told Reuters.

But the central bank must be vigilant to the ...

Most Asia-Pacific stock markets rose on Thursday amid receding bets for a US rate hike this month and relief over the passage of the US debt ceiling bill through the House.

Asia stocks gain as Fed hike bets recede, debt vote eases nerves

WASHINGTON (May 31): A divided US House of Representatives passed a bill to suspend the US$31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hardline conservatives and avoid a catastrophic default.

China's factory activity unexpectedly swung to growth in May from decline, a private sector survey showed on Thursday, driven by improved production and demand, helping struggling firms that have been hit by slumping profits.

China's factory activity swings to surprise growth in May — Caixin PMI

BENGALURU (May 31): Indonesia and Malaysia will delay trade talks with the European Union (EU) while they seek fairer treatment for small palm oil producers, the Financial Times reported on Wednesday.

Indonesia, Malaysia freeze trade talks with EU over palm oil — FT

(June 1): U.S. stocks closed down on Wednesday as a deal to raise the federal debt ceiling headed for a crucial vote in Congress, while unexpectedly strong labor market data rattled investors who fear the Federal Reserve might hike interest rates again in June.

The House of Representati...

NEW YORK (June 1): Global equities and U.S. Treasury yields were lower on Wednesday as risk-off sentiment dominated markets, with investors focused on a much-anticipated vote in Congress on raising the U.S. debt ceiling.

The U.S. House of Representatives is set to vote on Wednesday on a...

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