Thailand unveiled draft legislation to create a special economic zone in the south of the country that would pave the way for a multibillion-dollar transport project linking the Indian and Pacific Oceans.

Thailand drafts law to speed up US$29 bil transport link

Five Malaysians and two Taiwanese have been criminally charged in the US for alleged roles in a ‘pump-and-dump’ investment fraud scheme involving Nasdaq-listed China Liberal Education Holdings Ltd (CLEU) that resulted in the US government’s seizure of US$214 million (RM946 million).

Five Malaysians charged in ‘pump-and-dump’ stock fraud scheme with US$214 mil seized

The Agriculture and Food Security Ministry has assured that there is ample supply of eggs in Malaysia to meet domestic needs.

Ample supply of eggs to meet domestic demand — Mohamad Sabu

Before President Donald Trump took office for a second time, European officials thought they had him figured out. He was transactional, they said, a man motivated by a good deal.

Trump’s makeover of US diplomacy leaves many allies at a loss

Tesla Inc’s stock is in a freefall. Its sales are plunging around the world. Even its most avid Wall Street bulls are turning cautious. But one group is buying the electric-vehicle maker’s shares like never before: chief executive officer Elon Musk’s fans.

Tesla’s retail fans buy the stock at a pace never seen before

The Malaysian Anti-Corruption Commission (MACC) is seeking Mak Siew Wei, a suspended executive director of Erdasan Group Bhd (KL:ERDASAN), to assist in an investigation.

MACC seeking Erdasan's suspended ED Mak Siew Wei to assist in investigation

Barisan Nasional (BN) has changed the date for announcing its candidate for the Ayer Kuning state by-election from April 5 to April 7, according to Perak BN chairman Datuk Seri Saarani Mohamad.

BN moves date to announce candidate for Ayer Kuning polls to April 7

Malaysia Aviation Group’s (MAG) purchase of new Boeing aircraft is an investment which will strengthen Malaysia’s position as a key player in the global aviation industry.

MAG's purchase of new Boeing aircraft strengthens Malaysia's position in global aviation industry — Zafrul

London's Heathrow Airport resumed full operations on Saturday, a day after a fire knocked out its power supply and shut Europe's busiest airport, causing global travel chaos.

Heathrow resumes operations as global airlines scramble after shutdown

Elon Musk’s X plans to buy back the last remaining piece of debt tied to the buyout of the social network that Wall Street banks have been stuck holding for years, according to a person with knowledge of the matter.

X plans purchase of last US$1.2 bil buyout debt held by banks

The slew of special dividends announced by Bursa Malaysia companies towards end-2024 has certainly given the impression that listed companies declared and paid out more dividends to their shareholders for the financial year 2024 (FY2024) than in previous years.

Who paid the highest dividends in FY2024?

The Malaysian Anti-Corruption Commission (MACC) is seeking Mak Siew Wei, a suspended executive director of Erdasan Group Bhd (KL:ERDASAN), to assist in an investigation.

The Trump administration will revoke temporary legal status from potentially more than half a million migrants who entered the US legally under a Biden-era programme, according to a notice posted Friday in the Federal Register.

Trump to strip legal status from 532,000 migrants living in US

Tesla Inc’s stock is in a freefall. Its sales are plunging around the world. Even its most avid Wall Street bulls are turning cautious. But one group is buying the electric-vehicle maker’s shares like never before: chief executive officer Elon Musk’s fans.

Even as US stocks seek to regain their footing, weakness in a closely followed index of transportation shares is a sign of growing investor worries about the economy.

Dow transports index slump poses trouble spot as investors seek stocks stability

Turkish stocks were set for their worst week since the aftermath of 2008's Lehman Brothers collapse on Friday as concerns about this week's detention of President Tayyip Erdogan's main political rival refused to subside.

Türkiye's market rout worsens amid protests, worst stock slump since 2008

Five Malaysians and two Taiwanese have been criminally charged in the US for alleged roles in a ‘pump-and-dump’ investment fraud scheme involving Nasdaq-listed China Liberal Education Holdings Ltd (CLEU) that resulted in the US government’s seizure of US$214 million (RM946 million).

Prime Minister Mark Carney on Friday said Canada could offset the effects of any US tariffs by removing internal trade barriers and that he aimed for free trade within the country by July 1, after meeting provincial and territorial leaders.

Canada aims for free internal trade that can offset any US tariffs, PM Carney says

The top diplomats from Japan, China and South Korea met in Tokyo on Saturday, seeking common ground on East Asian security and economic issues amid escalating global uncertainty.

Japan, China, South Korea meet at geopolitical 'turning point in history'

Malaysia Aviation Group’s (MAG) purchase of new Boeing aircraft is an investment which will strengthen Malaysia’s position as a key player in the global aviation industry.

Elon Musk’s X plans to buy back the last remaining piece of debt tied to the buyout of the social network that Wall Street banks have been stuck holding for years, according to a person with knowledge of the matter.

Before President Donald Trump took office for a second time, European officials thought they had him figured out. He was transactional, they said, a man motivated by a good deal.

Barisan Nasional (BN) has changed the date for announcing its candidate for the Ayer Kuning state by-election from April 5 to April 7, according to Perak BN chairman Datuk Seri Saarani Mohamad.

The effects of falling birth rates and rising life expectancy are increasingly evident in advanced economies like Germany, Italy, and Japan. Labor markets are tightening, worker shortages are worsening, and families are struggling to find care for aging parents. In some areas, declining student n...

Frontiers of Growth: Emerging Economies Must Get Rich Before They Get Old

The Agriculture and Food Security Ministry has assured that there is ample supply of eggs in Malaysia to meet domestic needs.

Thailand unveiled draft legislation to create a special economic zone in the south of the country that would pave the way for a multibillion-dollar transport project linking the Indian and Pacific Oceans.

Bursa Malaysia Bhd
(April 15, RM8.70)
Maintain hold, with a revised target price (TP) of RM8.30. We are expecting Bursa Malaysia to report earnings growth of 9% year-on-year (y-o-y) in the first quarter of 2015 (1Q15) on the back of fairly strong derivatives contrac...

Bursa’s trading value up on recovery in 1Q15 sentiment

RHB Capital Bhd
(April 14, RM7.96)
Maintain hold with a target price (TP) of RM8.30. As expected, RHB Capital Bhd (RHBCap) announced its widely-anticipated internal reorganisation and rights issue to raise up to RM2.5 billion. The proposed corporate exercise will be...

No surplus cash distribution by RHBCap to shareholders

Sunsuria Bhd
(April 13, RM1.51)
Upgrade to buy, with a target price of RM3: Sunsuria is enlarging its effective land bank on hand from 4.7 acres  (1.9ha) to 206.23 acres with a RM350 million acquisition. Its total effective gross development value (GDV) grows t...

Sunsuria acquiring land in Klang Valley, Iskandar

IJM Corp Bhd
(Nov 26, RM6.81)
Maintain “buy” with a target price (TP) raised to RM7.60: IJM Corp’s first half of financial year 2015 ended Sept 30 (1HFY15) core net profits, after adjusting for one-offs, came in below our and consensus’ full-year estimates.

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IJM’s 1HFY15 results reflect lacklustre growth

Sime Darby Bhd
(Nov 17, RM9.65)
Maintain “hold” with a target price (TP) of RM8.30: According to media highlights, Sime Darby’s (Sime) automotive arm is set to list in the second half of 2015 (2H15) and one potential sweetener in the pipeline is the assembly of Brit...

UOB KayHian Research