IBM beat Wall Street estimates for fourth-quarter revenue and profit on Wednesday, as the rapid adoption of AI boosts demand for its software services, ranging from managing vast amounts of data to automating IT processes.

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SEOUL: Samsung Electronics said its operating profit more than tripled to a record high in the fourth quarter and forecast strong chip demand ahead, as the race to build artificial intelligence strains chip supply and boosts prices.

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The Nasdaq rose slightly with a boost from chip stocks while the S&P 500 closed virtually unchanged on Wednesday as investor reactions were muted after the Federal Reserve kept interest rates unchanged as expected and gave little indication when borrow...

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The sprawling trade deal sends a positive message in support of rules-based global trade at a time when that appears to be increasingly under strain, says Amitendu Palit from the National University of Singapore.

Channel News Asia 3 hours ago

Officials vote 10-2 to keep rates at 3.50�"3.75 per cent, awaiting more economic data.

Channel News Asia 3 hours ago

Hong Kong banks, led by HSBC Holdings Plc and Bank of China (Hong Kong), could see wealth fees grow more than 20% this year, driven by fund sales, brokerage income and bancassurance, according to Bloomberg Intelligence. 

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As Malaysia continues to celebrate the appreciation of the ringgit, especially since the local note has whizzed below the psychological RM4.00 to US$1 barrier earlier this week, it is perhaps sobering to consider what this means on a more practical lev...

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The declining trend of the country's producer price index (PPI) may be near its trough, with a gradual normalisation likely over the course of this year, says an economist.

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OCK Group Bhd has entered into a distributorship agreement with Japan-based Fujikura Ltd to distribute the latter's wrapping tube cable (WTC) series.

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Axis real estate investment trust (Axis-REIT) remains optimistic of its performance in the year ahead, underpinned by high occupancy rates, stable rental income and prudent asset management.

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Capitaland Malaysia Trust (CLMT) released its results for the fourth quarter (4Q25) and financial year ended Dec 31, 2025 (FY25) yesterday and posted a 4Q25 revenue of RM124.6mil, representing a 3.9% year-on-year (y-o-y) growth.

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Geohan Corp Bhd has accepted two separate letters of award (LOA) from subsidiaries of Sunway Group, with a combined contract value of RM32.2mil.

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RAM Ratings has upgraded the long-term rating of YTL Corp Bhd's debt programmes. Concurrently, the outlook on the facilities has been revised to stable from positive.

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Chin Teck Plantations Bhd expects the current trend in average selling prices of crude palm oil (CPO) to remain.

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IGB real estate investment trust (IGB-REIT) expects the retail operating environment entering 2026 to remain broadly supportive, underpinned by resilient domestic consumption, improving consumer purchasing power and a stable monetary backdrop.

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Powerwell Holdings Bhd has received a purchase order (PO) in relation to a data centre (DC) in Selangor, worth RM68.47mil.

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MN Holdings Bhd is expected to sustain its earnings momentum into the second quarter of the financial year ending June 30, 2026 (FY26), supported by the anticipated completion of several data centre (DC) projects.

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Velesto Energy Bhd's outlook is anticipated to be supported by a recovery in global demand for jack-up rigs this year, as well as a definitive timeline for the disposal of the Naga 3 rig.

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Financial services firm RCE Capital Bhd remains cautious on the outlook for financing receivables, but is more upbeat on non�'performing (NPF) ratios and credit costs, according to Maybank Investment Bank Research (Maybank IB).

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ISF Group Bhd is set to ride Malaysia's booming data centre sector following its initial public offering (IPO).

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Indonesian stocks have tumbled after MSCI Inc raised concerns about their investability and warned of a potential downgrade to frontier-market status.

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IOI Corp Bhd may get strong support from its upstream segment in its second quarter of the financial year 2026 (2Q26).

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Kinergy Advancement Bhd has formalised a strategic partnership with Thailand's B.Grimm Power Public Co Ltd, which will be investing RM41.52mil to acquire a 49% stake in Kinergy's investment vehicle, Jati Cakerawala Sdn Bhd, for a proposed gas turbine p...

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The strong electric vehicle (EV) momentum is not expected to continue this year with the expiry of tax incentives and lack of infrastructure to support the trend.

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Going global is no longer an option for Chinese enterprises but has become a necessity for their growth and development, according to a recent report.

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