PETALING JAYA: Following its recent visit to Sime Darby Bhd's Caterpillar plant in Puchong, Hong Leong Investment Bank (HLIB) Research has turned "more positive" on the group's industrial segment outlook.

The Star 2 hours ago

WASHINGTON: A key question for investors this week is whether Federal Reserve (Fed) officials push back against market bets on a series of interest-rate cuts extending into next year.

The Star 2 hours ago

NEW YORK: US funding markets, which have been awash with easily accessible and cheap cash for nearly two decades, appear to be entering a new phase of higher borrowing costs posing a worry for investors and policymakers. 

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JAKARTA: Growing concern about debt levels in developed economies could see some bond investors look to emerging market issuances as an alternative, but in Indonesia, they will want answers about the new finance minister and the burden-sharing scheme w...

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Canberra: Australia is on track to overshoot its 2030 rooftop solar targets, with enthusiasm for panels and batteries offsetting drops in broader renewable investment and large projects.

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SHANGHAI: China is making moves to rein in the increasingly chaotic online ecosystem surrounding its auto industry, launching a three-month campaign to curb practices that regulators say distort competition and mislead consumers.

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PETALING JAYA: The gross written premiums (GWP) for the local general insurance sector are expected to grow by 4% to 5% in 2025, aligning closely with the country's projected gross domestic product growth, according to TA Research.

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Suppliers say customers are stretching payment terms from 30 days to as long as four months, putting their cash flow under strain.

Channel News Asia 3 hours ago

The Japanese investor's foray into generative AI brings back memories of WeWork, says Shuli Ren of Bloomberg Opinion.

Channel News Asia 3 hours ago

NEW YORK: Wall Street stocks advanced on Monday with the S&P 500 and Nasdaq Composite reaching new all-time highs amid growing anticipation of a Federal Reserve interest rate cut.Investor optimism was further bolstered by positive developments from...

The Sun Daily 8 hours ago

PETALING JAYA: US tariffs and other short-term trade issues won’t affect Amazon Web Services’ (AWS) Malaysia strategy, said AWS managing director for Asean, Jeff Johnson.He also said AWS’s pricing philosophy is to “relentlessly drive efficiencies” in i...

The Sun Daily 8 hours ago

Hong Kong: Arrowpoint Investment Partners aims to raise as much as US$400mil of fresh capital by the first quarter, as the multistrategy hedge fund firm expands the number of investment teams, says a person with knowledge on the matter.

The Star 9 hours ago

HANOI: Experts have supported Vietnam's Finance Ministry's proposal to apply a 17% personal income tax on profits of a number of business individuals and households as the policy change creates fairness while transforming companies into viable enterpri...

The Star 9 hours ago

PETALING JAYA: AME Elite Consortium Bhd looks set to sustain its growth trajectory as strong property sales and construction orderbook underpin earnings visibility in the coming quarters, analysts say.

The Star 9 hours ago

SINGAPORE: Singapore's GIC Pte is in talks to sell its stake in US landlord Yes! Communities Inc to Brookfield Asset Management in what could be one of the biggest exits for the sovereign wealth fund in years, according to a source.

The Star 9 hours ago

PETALING JAYA: Kimlun Corp Bhd is poised to see better growth premised on its strong orderbook of more than RM3bil, composed of 77% building works and 23% infrastructure projects.

The Star 9 hours ago

Ottawa: Canadian miner Alamos Gold says it will sell its Turkyish subsidiary for US$470mil to a Middle East-based mining company, ending a years-long US$1bil legal battle.

The Star 9 hours ago

PETALING JAYA: Early last month, real estate titan SP Setia Bhd made headlines when it announced that the latest phase of its Nadi commercial square, Nadi Phase 3A at Setia EcoHill 2 in Semenyih, had achieved a 70% take-up during the launch weekend on ...

The Star 9 hours ago

BEIJING: China's new home prices fell 0.3% in August from the previous month, according to official data, as weakness in demand persisted, indicating that the housing market remained a drag on growth.

The Star 9 hours ago

SYDNEY: Authorities in Sydney approved construction of data centres without requiring measurable plans to cut water use, raising concerns the sector's rapid growth will leave residents competing for the resource.

The Star 9 hours ago

BEIJING: China's economic performance held steady in August amid headwinds and uncertainties, with major indicators maintaining stable growth momentum, according to official data.

The Star 9 hours ago

PETALING JAYA: Vantris Energy Bhd's proposed regularisation plan (PRP) is advancing, with the group on track to complete its restructuring within the stipulated timeframe, according to BIMB Research.

The Star 9 hours ago

PETALING JAYA: Medical device manufacturer UMediC Group Bhd's profit forecasts for the financial year ending July 31, 2026 (FY26) and FY27 have been raised by 16% and 12%, respectively, by Hong Leong Investment Bank Research.

The Star 9 hours ago

MANILA: For the third straight year, South-East Asia is still seen as a source of growth momentum for European businesses.

The Star 9 hours ago

Auckland: New Zealand's services industry contracted for an 18th straight month in August, suggesting that an economic rebound in the third quarter could be more sluggish than expected.

The Star 9 hours ago