KUALA LUMPUR: The ringgit rebounded against the US dollar at Friday's open as persistent uncertainties in the United States continued to weigh on the greenback, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said.

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KUALA LUMPUR: Malacca Securities has pegged a target price of 66 sen on Hock Soon Capital Bhd, representing a 10% premium over the initial public offering (IPO) price of the company, which is slated to make its debut on the Main Market of Bursa Malaysi...

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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

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WASHINGTON: President Donald Trump said on Thursday he intends to announce his pick to replace Federal Reserve Chair Jerome Powell next week, as speculation intensifies over who will lead the U.S. central bank after Powell steps aside from the job in M...

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India’s data centre investments are set to top US$100 billion by 2027, even as water, power and environmental concerns slow expansion elsewhere. In part two of CNA’s series on India’s AI push, we look at what’s driving the boom - and the lessons ahead.

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South Korea is stress-testing how an advanced economy can roll out AI without letting scams, deepfakes and slop wallop public trust, says Catherine Thorbecke for Bloomberg Opinion.

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Orkim Bhd's wholly-owned subsidiaries, Orkim Leader Sdn Bhd and Orkim Power Sdn Bhd, have entered into side letters to extend their respective existing consecutive voyage charter (CVC) contracts with Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn B...

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Ambest Group Bhd's initial public offering (IPO) was oversubscribed by 46.07 times for the Malaysian public portion ahead of its listing on the ACE Market of Bursa Malaysia.

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Bank Negara Malaysia (BNM) has taken enforcement actions, with penalties and compounds imposed, on two financial institutions and two firms for their failures to comply with anti-money laundering and countering financing of terrorism (AML/CFT) requirem...

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Sunway real estate investment trust (Sunway-REIT) remains cautiously optimistic on its outlook.

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KLCCP Stapled Group, which consists of KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, saw its net profit for the fourth quarter ended Dec 31, 2025 rise to RM669.3mil from RM430.91mil in the previous corresponding period.

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Pavilion Real Estate Investment Trust's (Pavilion-REIT) net profit for its fourth quarter ended Dec 31, 2025 (4Q25) rose to RM203.25mil from RM180.69mil in the previous corresponding quarter, supported by strong retail fundamentals, contributions from ...

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Petroliam Nasional Bhd (PETRONAS) seeks to sustain domestic hydrocarbon production close to two million barrels of oil equivalent per day (boe/d), amid maturing fields, rising costs and growing energy security concerns.

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The ringgit closed lower against the US dollar yesterday following the United States Federal Reserve's (Fed) decision to keep interest rates unchanged, which supported the greenback.

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Ireka Corp Bhd's non-executive director, Wai Shan Yuen, has been redesignated as the company's group managing director (MD).

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Pantech Group Holdings Bhd's earnings forecasts have been trimmed by two research houses on assumptions of margin pressure and possible softer stainless-steel average selling prices (ASPs).

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If you have been keeping an eye on the construction sector, Sunway Construction Group Bhd is set to stay in the fast lane.

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Steady tenant demand, expected footfall uplift from Visit Malaysia Year 2026 (VM2026) and growing industrial as well as logistics exposure are expected to support CapitaLand Malaysia Trust's earnings growth.

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Economists believe that gold, which is back lingering around its all-time high in recent weeks, will not be losing its lustre any time soon, due to a "confluence of reasons" which of course included the weakening of the US dollar.

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Fears sparked by a MSCI Inc warning of a possible market downgrade have rippled through Indonesia's markets, driving benchmark stocks to their worst two-day rout in nearly three decades before regulators stepped in.

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Bursa Malaysia Bhd will focus on the quality and size of initial public offerings (IPOs) this year and has set a target of attracting RM28bil in total IPO market capitalisation, slightly higher than the RM27.4bil achieved last year.

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Econpile Holdings Bhd has secured a sub-contract for piling and sub-structure works for an apartment in Gombak, Selangor, from Al-Ambia Sdn Bhd worth RM24mil.

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The economy's positive growth momentum is expected to continue into 2026 from last year, following the better-than-expected growth numbers announced recently.

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Singapore has left its monetary policy settings unchanged for a third straight review, but has raised its forecast for inflation in a sign price-pressure risks will remain in focus for its next decision in April.

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The Hanoi People's Committee has approved a resolution adjusting the capital city's housing development programme through 2030, with an aim of reducing population growth in the inner city while promoting green and smart housing to improve residents' qu...

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