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Sentiment

States to sue over Trump’s US$100,000 H-1B application fee

(Dec 13): A group of states announced they are suing the Trump administration to block a US$100,000 ...

Source: TheEdge

Sentiment

SpaceX sets US$800b valuation, confirms IPO plans

(Dec 13): SpaceX has authorised an insider share sale that values Elon Musk’s rocket and satellite m...

Source: TheEdge

Sentiment

Positioning SD Guthrie for next stage of growth

KUALA LUMPUR (Dec 13): Since its rebrand last year, SD Guthrie Bhd (KL:SDG) has been laying the grou...

Source: TheEdge

Sentiment

EP Manufacturing, Hume Cement, YTL, Kerjaya Prospek, Econpile, AWC, Gamuda, Berjaya Land, Yinson, Capital A, Mytech, EWI Capital

KUALA LUMPUR (Dec 12): Here is a brief recap of some business news and corporate announcements that ...

Source: TheEdge

Sentiment

Geely launches US$284 million facility providing automotive safety tests

SHANGHAI (Dec 12): China's Geely Auto on Friday launched a US$284 million facility providing safety ...

Source: TheEdge

Sentiment

Pakistan to allow Binance to explore 'tokenisation' of up to US$2 billion of assets

KARACHI (Dec 12): Pakistan has signed a Memorandum of Understanding with crypto exchange Binance to ...

Source: TheEdge

Sentiment

Nvidia considers increasing H200 chip output due to robust China demand, sources say

(Dec 12): Nvidia has told Chinese clients it is evaluating adding production capacity for its powerf...

Source: TheEdge

Sentiment

Hume Cement exits concrete business with RM215 mil sale to YTL, books one-off gain of RM185.7 mil

KUALA LUMPUR (Dec 12): Hume Cement Industries Bhd (KL:HUMEIND), which is 72%-owned by the Hong Leong...

Source: TheEdge

Sentiment

EU to impose €3 duty on e-commerce parcels from July 2026

BRUSSELS (Dec 12): European Union finance ministers agreed on Friday to set a €3 (US$3.52 or RM14.41...

Source: TheEdge

Sentiment

EWI Capital posts RM405m loss in 4Q on impairments, asset write-downs

KUALA LUMPUR (Dec 12): EWI Capital Bhd (KL:EWICAP), formerly Eco World International Bhd, reported a...

Source: TheEdge

Sentiment

Yinson issues RM1.18 bil sukuk wakalah

KUALA LUMPUR (Dec 12): Yinson Holdings Bhd (KL:YINSON) has issued RM1.175 billion worth of dual-tran...

Source: TheEdge

Sentiment

China issues draft guidelines on auto sector price irregularities

BEIJING (Dec 12): China's market regulator on Friday announced draft guidelines intended to crack do...

Source: TheEdge

Sentiment

Asia’s surge in tech dealmaking to extend into 2026, UBS says

(Dec 12): Dealmaking activity in the Asia-Pacific technology sector is likely to continue its strong...

Source: TheEdge

Sentiment

China preparing as much as US$70b in chip sector incentives — Bloomberg

(Dec 12): China is considering a package of incentives worth as much as US$70 billion (RM286.5 billi...

Source: TheEdge

Sentiment

Xpeng to partner with EPMB to start EV production in Malaysia in 2026

SHANGHAI (Dec 12): Xpeng said on Friday that it has partnered with EP Manufacturing Bhd (KL:EPMB) to...

Source: TheEdge

Sentiment

AWC bags RM42.3 mil job from Gamuda for data centre works

KUALA LUMPUR (Dec 12): AWC Bhd (KL:AWC) has secured a RM42.3 million subcontract from Gamuda Enginee...

Source: TheEdge

Sentiment

Japan’s auto workers' union seeks higher wage gains as BOJ watches trends

(Dec 12): Japan’s car industry union will seek a slightly more ambitious wage hike goal in the upcom...

Source: TheEdge

Sentiment

Econpile bags RM66.34m piling job

KUALA LUMPUR (Dec 12): Econpile Holdings Bhd (KL:ECONBHD) has secured a RM66.34 million contract for...

Source: TheEdge

Sentiment

Rivian tumbles after unveiling AI chip for self-driving push

(Dec 12): Rivian Automotive Inc shares fell after the company unveiled its own artificial intelligen...

Source: TheEdge

Sentiment

Johor-based construction firm SLGC files for ACE Market listing

KUALA LUMPUR (Dec 12): Construction services firm SLGC Bhd plans to list on the ACE Market of Bursa ...

Source: TheEdge

Sentiment

Capital A's long-serving executive Aireen Omar resigns after two decades

KUALA LUMPUR (Dec 12): Capital A Bhd (KL:CAPITALA) announced on Friday that its long-serving senior ...

Source: TheEdge

Sentiment

Bank Islam extends outgoing group CEO Mohd Muazzam’s service by two weeks until year-end

KUALA LUMPUR (Dec 12): Bank Islam Malaysia Bhd (KL:BIMB) said on Friday Datuk Mohd Muazzam Mohamed w...

Source: TheEdge

Sentiment

Intel tested chipmaking tools from firm with sanctioned China unit — Reuters

WASHINGTON/ SAN FRANCISCO (Dec 12): Chipmaker Intel, has tested chipmaking tools this year from a to...

Source: TheEdge

Sentiment

Cathay passenger arrested after trying to open door mid-flight from Boston to Hong Kong

HONG KONG (Dec 12): Hong Kong police said on Friday they had arrested a passenger who was on Cathay ...

Source: TheEdge

Sentiment

Mytech chairman launches 30-sen-per-share takeover bid after buying almost 18% stake from Zetrix’s TS Wong and one other at a discount

KUALA LUMPUR (Dec 12): Mytech Group Bhd (KL:MYTECH) has received a conditional mandatory takeover of...

Source: TheEdge

Sentiment

Yinson’s 3Q net profit rises 19.5%; declares one sen dividend

KUALA LUMPUR (Dec 12): Yinson Holdings Bhd (KL:YINSON) posted a 19.5% increase in net profit for the...

Source: TheEdge

Sentiment

Sunway Square Mall officially opens with 95% shops operating

PETALING JAYA (Dec 12): Sunway Malls, the retail arm of Sunway Bhd (KL:SUNWAY), has officially opene...

Source: TheEdge

Sentiment

Managepay to provide mobile wallet, prepaid card for defence community via Perwira Super App tie-up

KUALA LUMPUR (Dec 12): Managepay Systems Bhd (KL:MPAY) on Friday announced that it has partnered wit...

Source: TheEdge

Sentiment

Berjaya Air to launch commercial operations in February 2026 with five regional routes

KUALA LUMPUR (Dec 12): Berjaya Air, part of Berjaya Land Bhd (KL:BJLAND), will begin commercial flig...

Source: TheEdge

Sentiment

CTOS Digital names CIMB’s Ankur Sehgal as new group CEO

KUALA LUMPUR (Dec 12): Credit reporting firm CTOS Digital Bhd (KL:CTOS) has appointed Ankur Sehgal a...

Source: TheEdge

Sentiment

Kerjaya Prospek wins RM225 mil construction contract in JB

KUALA LUMPUR (Dec 12): Kerjaya Prospek Group Bhd (KL:KERJAYA) has secured a RM225 million contract f...

Source: TheEdge

Sentiment

Batik Air launches new Subang routes to Singapore, Jakarta, Johor Bahru & Langkawi

SUBANG (Dec 12): Batik Air has launched four new routes from Sultan Abdul Aziz Shah Airport in Suban...

Source: TheEdge

Sentiment

Vantris climbs to near one-month high after RM4.47b debt-forgiveness boost

KUALA LUMPUR (Dec 12): Vantris Energy Bhd (KL:VANTNRG) rose on Friday to its highest level in nearly...

Source: TheEdge

Sentiment

SoftBank’s Son eyes data centre group Switch to expand in AI — Bloomberg

(Dec 12): SoftBank Group Corp is studying potential acquisitions including data centre operator Swit...

Source: TheEdge

Sentiment

Penang CM officiates launch of Gurney Bridge, enhancing access to E&O’s Andaman Island

KUALA LUMPUR (Dec 12): Penang Chief Minister Chow Kon Yeow officiated the opening of the Gurney Brid...

Source: TheEdge

Sentiment

Tesla US sales drop to nearly 4-year low in November

SAN FRANCISCO (Dec 11): Tesla's U.S. sales dropped to a near four-year low in November, despite the ...

Source: TheEdge

Sentiment

Capital A teams up with Standard Chartered Malaysia to explore ringgit-backed stablecoin

KUALA LUMPUR (Dec 12): Capital A Bhd (KL:CAPITALA) and Standard Chartered Bank Malaysia have signed ...

Source: TheEdge

Sentiment

Apple wins partial reversal of sanctions in Epic Games antitrust lawsuit

WASHINGTON (Dec 11): Apple persuaded a US appeals court on Thursday to reverse parts of a court orde...

Source: TheEdge

Sentiment

Gerbang Nusajaya Interchange opens, enhancing JS-SEZ access, cross-border connectivity

KUALA LUMPUR (Dec 12): UEM Sunrise Bhd (KL:UEMS) has launched the Gerbang Nusajaya Interchange, enha...

Source: TheEdge

Sentiment

Terraform Labs co-founder gets 15 years for US$40b crypto fraud

(Dec 12): Terraform Labs Pte Ltd co-founder and onetime fugitive Do Kwon was sentenced to 15 years i...

Source: TheEdge

Sentiment

Reddit challenges world’s first teen social media ban in court

(Dec 12): Reddit Inc is asking Australia’s highest court to overturn the nation’s social media ban f...

Source: TheEdge

Sentiment

Broadcom sees dip in quarterly margins due to AI, shares fall

MEXICO CITY (Dec 11): Broadcom projected first-quarter revenue above Wall Street estimates on Thursd...

Source: TheEdge

Sentiment

EU mulls five-year respite from combustion ban for hybrids

(Dec 12): The European Union (EU) is weighing a five-year reprieve from its effective ban on the com...

Source: TheEdge

Sentiment

Bursa Malaysia, Critical Holdings, Farm Fresh, Vantris Energy, Wasco Greenergy, Texchem, AGX Group, RHB

KUALA LUMPUR (Dec 11): Here is a brief recap of some business news and corporate announcements that ...

Source: TheEdge

Sentiment

Disney to invest US$1b in OpenAI and bring characters to Sora

(Dec 11): Walt Disney said on Thursday it will make a US$1 billion (RM4.1 billion) equity investment...

Source: TheEdge

Sentiment

Genting Bhd to be included in three FTSE4GOOD indices effective Dec 22

KUALA LUMPUR (Dec 11): Genting Bhd (KL:GENM) will be included for the first time in three of the FTS...

Source: TheEdge

Sentiment

Vantris Energy reports over RM4b profit on debt forgiveness, but ops remain loss-making

KUALA LUMPUR (Dec 11): Vantris Energy Bhd (KL:VANTNRG), formerly Sapura Energy Bhd, posted a third-q...

Source: TheEdge

Sentiment

Farm Fresh co-founder Loi Tuan Ee sells RM132.5m stake as shares hit record high

KUALA LUMPUR (Dec 11): Farm Fresh Bhd's (KL:FFB) co-founder and group managing director Loi Tuan Ee ...

Source: TheEdge

Sentiment

Broadcom ‘primed for disappointment’ after blistering 180% rally

(Dec 11): Broadcom Inc has been one of the hottest stocks in the market this year, driven by the ent...

Source: TheEdge

Sentiment

OpenAI and Microsoft sued over murder-suicide blamed on ChatGPT

(Dec 11): OpenAI and its investor Microsoft were sued over a Connecticut murder-suicide in the lates...

Source: TheEdge

Sentiment

Wall Street futures slide as Oracle's forecast revives AI bubble fears

(Dec 11): US stock index futures tumbled on Thursday after Oracle's forecasts raised fresh concerns ...

Source: TheEdge

Sentiment

Paris Airports Group rises on €8.4 bil plan to stay competitive

(Dec 11): Shares in the operator of Paris’ main airports rose by the most since April after the grou...

Source: TheEdge

Sentiment

Critical Holdings clinches RM40.8m M&E contract for data centre in Bukit Jalil

KUALA LUMPUR (Dec 11): Critical Holdings Bhd (KL:CHB) has bagged a RM40.8 million contract to undert...

Source: TheEdge

Sentiment

Fistfights erupt between China officials, PDD staff during audit

(Dec 11): At least two fistfights broke out last week between PDD Holdings Inc employees and Chinese...

Source: TheEdge

Sentiment

Bursa Malaysia finishes 2025 with two-decade high listings, more in queue

KUALA LUMPUR (Dec 11): Malaysia's stock exchange capped the year with the most number of listings in...

Source: TheEdge

Sentiment

Japanese sauce maker opens RM50 mil halal-certified factory in Negeri Sembilan

KUALA LUMPUR (Dec 10): Japanese sauce maker Otafuku has officially opened its RM50 million halal-cer...

Source: TheEdge

Sentiment

Bitcoin dips below US$90,000 as AI worries dent risk appetite

SINGAPORE (Dec 11): Cryptocurrencies tumbled on Thursday and bitcoin fell back below the US$90,000 (...

Source: TheEdge

Sentiment

Gemas-Johor Bahru electrified double-track line launched, revolutionising national transport

Regent of Johor, Tunku Mahkota Ismail Sultan Ibrahim (centre) takes a group photo with Prime Ministe...

Source: TheEdge

Sentiment

Stocks with momentum on Dec 11, 2025: JHM, Paragon Union, Betamek, KGW Group and Mega Fortris

KUALA LUMPUR (Dec 11): theedgemalaysia.com highlighted five stocks with momentum at Bursa Malaysia’s...

Source: TheEdge

Sentiment

Chinese AI unicorns MiniMax and Zhipu said to target Hong Kong IPOs soon — Bloomberg

(Dec 11): Two Chinese artificial-intelligence (AI) startups seen as possible rivals to OpenAI aim to...

Source: TheEdge

Sentiment

China's ZTE may pay more than US$1 bil to the US over foreign bribery allegations — Reuters

NEW YORK/WASHINGTON (Dec 10): Chinese telecom equipment maker ZTE Corp may pay more than US$1 billio...

Source: TheEdge

Sentiment

Wasco Greenergy seeks clearer Indonesian regulations before going big on biomass systems post-listing

KUALA LUMPUR (Dec 11): Renewable-energy machinery supplier Wasco Greenergy Bhd (KL:GENERGY) said on ...

Source: TheEdge

Sentiment

Ford suppliers receive China's new streamlined rare-earth licenses

(Dec 10): Chinese rare-earth magnet suppliers to U.S. automaker Ford Motor were included in the firs...

Source: TheEdge

Sentiment

Big Tech warned over AI 'delusional' outputs by US attorneys general

WASHINGTON (Dec 10): Microsoft, Meta, Google and Apple were among the 13 companies that received a w...

Source: TheEdge

Sentiment

Porsche works council: one in four jobs at Porsche AG at risk

FRANKFURT (Dec 10): One in four jobs at German sports car maker Porsche is at risk, warned worker re...

Source: TheEdge

Sentiment

Subscriber erosion and soft adex keep outlook muted for Astro — analysts

KUALA LUMPUR (Dec 11): Analysts remained cautious on Astro Malaysia Holdings Bhd (KL:ASTRO), as the ...

Source: TheEdge

Sentiment

Australia leader defends social media ban as teens brag about staying online

SYDNEY (Dec 11): Australian Prime Minister Anthony Albanese acknowledged some young people were stil...

Source: TheEdge

Sentiment

Gamuda hits five-month low after lacklustre first quarter

KUALA LUMPUR (Dec 11): Gamuda Bhd (KL:GAMUDA) shares hit a five-month low in early trading after pos...

Source: TheEdge

Sentiment

Oracle drops on disappointing cloud sales, more AI spending

(Dec 11): Oracle Corp shares fell more than 10% in extended trading after the company reported a jum...

Source: TheEdge

Sentiment

Wasco Greenergy slips 5% below IPO price on ACE Market debut

KUALA LUMPUR (Dec 11): Renewable-energy machine supplier Wasco Greenergy Bhd (KL:GENERGY) traded low...

Source: TheEdge

Sentiment

Musk hints at possible SpaceX IPO in X post after media reports

BENGALURU (Dec 10): Billionaire Elon Musk on Wednesday hinted at a possible SpaceX initial public of...

Source: TheEdge

Sentiment

Intel, AMD accused of allowing chips in Russian missiles

(Dec 11): Microchip manufacturers Intel Corp, Advanced Micro Devices Inc (AMD) and Texas Instruments...

Source: TheEdge

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72 News articles

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