News Analytics
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Honda and Nissan mulling mutual production of vehicles, Kyodo reports
TOKYO (Dec 21): Honda and Nissan are considering producing vehicles in one another's factories as pa...
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MyCC warns stern action against cartel activities by associations
KUALA LUMPUR (Dec 21): The Malaysia Competition Commission (MyCC) has warned that it will take a fir...
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Google blasts Chrome sale as ‘extreme’ remedy at odds with law
(Dec 21): Alphabet Inc’s Google called a US Justice Department (DOJ) plan to force it to sell its we...
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Sony's Crunchyroll finds its early lead in anime under attack
(Dec 21): At first glance, Sony Group Corp’s US$1.2 billion (RM5.4 billion) acquisition of the anime...
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Samsung, Texas Instruments finalise Chips Act awards deals
(Dec 21): Samsung Electronics Co and Texas Instruments Inc completed final agreements to get billion...
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OpenAI unveils more advanced reasoning model in race with Google
(Dec 21): OpenAI is preparing to launch a new artificial intelligence (AI) model that it said is cap...
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VW, union agree to cut capacity and keep German plants open
(Dec 21): Volkswagen AG (VW) reached an agreement with labour leaders to cut capacity at its namesak...
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Qualcomm defeats Arm’s claim over chip design licence breach
(Dec 21): Qualcomm Inc prevailed at trial against Arm Holdings plc’s claim that it breached a licenc...
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Cathie Wood predicts wave of startup M&A after Trump election, ultra-bullish on bitcoin
(Dec 21): The election of Donald Trump will usher in a wave of private-company purchases that had pr...
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GDA maintains RM11 offer for MAHB, challenges independent directors’ rejection
KUALA LUMPUR (Dec 21): Gateway Development Alliance (GDA), the consortium proposing to privatise Mal...
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ECA Integrated invests in automated equipment manufacturer to expand presence in China
KUALA LUMPUR (Dec 20): ECA Integrated Solution Bhd (KL:ECA) has proposed to expand its presence in C...
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MAHB, Top Glove, Catcha Digital, Johor Plantations, Kawan Renergy, Mega First, PLB Engineering, Bahvest, Smile-Link
KUALA LUMPUR (Dec 20): Here is a brief recap of some business news and corporate announcements that ...
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Baltic Exchange shipping updates: Dec 20, 2024
A weekly round-up of tanker and dry bulk market (Dec 20, 2024) This report is produced by the Baltic...
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Bahvest buys mining equipment from Chinese firm to build new plant
KUALA LUMPUR (Dec 20): Bahvest Resources Bhd (KL:BAHVEST) has proposed to buy mining equipment from ...
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Bursa wraps up 2024 with 55 IPO listings, highest in nearly two decades
KUALA LUMPUR (Dec 20): Bursa Malaysia (KL:BURSA) saw a total of 55 initial public offerings (IPOs) t...
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Kawan Renergy posts all-time high earnings in FY2024
KUALA LUMPUR (Dec 20): ACE Market-listed Kawan Renergy Bhd (KL:KENERGY) reported an all-time high ea...
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PLB Engineering’s auditor flags material uncertainty over group’s ability to continue as going concern
KUALA LUMPUR (Dec 20): PLB Engineering Bhd’s (KL:PLB) external auditors, Grant Thornton Malaysia PLT...
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Nvidia gets unconditional EU nod to buy Israel’s Run:ai
(Dec 20): Nvidia Corp won unconditional European Union (EU) approval to buy Israeli startup Run:ai, ...
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Italy fines OpenAI €15m over privacy rules breach
MILAN (Dec 20): Italy's privacy watchdog said on Friday it fined ChatGPT maker OpenAI €15 million (U...
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Bitcoin pullback deepens as US ETFs suffer record daily outflow
(Dec 20): A Bitcoin slide from a record high earlier this week extended to more than 10%, as reduced...
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Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue
(Dec 20): Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue ...
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Cathay Pacific sees ‘stronger’ financial results in second half
(Dec 20): Cathay Pacific Airways Ltd projected “strong” financial results in the second half (2H) of...
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Goh Nan Kioh's brother resigns as Mega First executive director after two decades
KUALA LUMPUR (Dec 20): Mega First Corp Bhd (KL:MFCB) announced that its executive director, Goh Nan ...
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Johor Plantations appoints JCorp unit as main infra contractor for Kota Tinggi palm oil project
KUALA LUMPUR (Dec 20): Johor Plantations Group Bh (KL:JPG) has appointed Tg Langsat Development Sdn ...
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Top Glove flags 'start of comeback' as sales volume seen growing 60% in FY2025
KUALA LUMPUR (Dec 20): Top Glove Corp Bhd (KL:TOPGLOV) expects further sales recovery and projects i...
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MCMC unveils code of conduct for internet messaging, social media platforms
PUTRAJAYA (Dec 20): The Malaysian Communications and Multimedia Commission (MCMC) has published the ...
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Tencent and Honor forge wide-ranging partnership on AI and cloud
(Dec 20): Tencent Holdings Ltd and Honor Device Co will engage in a long-term strategic cooperation ...
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ACE Market-bound CBH Engineering eyes larger projects, data centre jobs
KUALA LUMPUR (Dec 20): CBH Engineering Holding Bhd (KL:CBHB), which is set to be listed on the ACE M...
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MyNews turnaround to be sustained, with seasonal upside in 1Q2025, analysts say
KUALA LUMPUR (Dec 20): MyNews Holdings Bhd (KL:MYNEWS)’s turnaround in its latest financial year is ...
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ACE-bound CBH Engineering starts taking orders for RM83m IPO
(From left) CBH Engineering Holding Bhd chief financial officer Tang Wai Hoong, CBH project and engi...
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Catcha Digital expands into automotive digital media by investing in Drive 2 Digital
KUALA LUMPUR (Dec 20): Catcha Digital Bhd (KL:CATCHA), formerly known as Rev Asia Bhd, is acquiring ...
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Top Glove returns to profitability in 1Q on stronger sales
KUALA LUMPUR (Dec 20): Top Glove Corp Bhd (KL:TOPGLOV) returned to black with a net profit of RM5.47...
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Tencent, related stocks jump as WeChat gifting tool fuels rally
(Dec 20): Tencent Holdings Ltd and stocks linked to the company rallied on Friday, fuelled by invest...
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MAHB takeover: Advisor recommends acceptance but independent directors disagree
KUALA LUMPUR (Dec 20): Hong Leong Investment Bank, the independent adviser appointed to assess the R...
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Analysts cut Aeon Credit’s earnings, TPs, on higher credit costs
KUALA LUMPUR (Dec 20): Analysts cut Aeon Credit Service (M) Bhd’s (KL:AEONCR) earnings projections d...
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Southeast Asia has US$60b AI boom, but its own startups are missing out
(Dec 20): Southeast Asia is fast emerging as an investment hot spot for AI leaders like Nvidia Corp ...
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MACC clearance, Ofwat decision remove overhangs on YTL Power — TA Securities
KUALA LUMPUR (Dec 20): TA Securities said the Malaysian Anti-Corruption Commission clearing YTL Powe...
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Jury deliberates in Arm, Qualcomm trial after closing arguments wrap
DELAWARE/SAN FRANCISCO (Dec 19): A licence dispute between Arm Holdings and Qualcomm went before a j...
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MRCB, Pentamaster, UEM Sunrise, Mah Sing, S P Setia, Mynews, UWC, Aeon Credit, United Malacca, Vestland, Uzma, Bonia, Catcha Digital, Southern Steel
KUALA LUMPUR (Dec 20): Here is a brief recap of some business news and corporate announcements that ...
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US asks Nvidia to investigate how its chips ended up in China — report
(Dec 19): The US Department of Commerce has recently asked Nvidia to look into how the company's pro...
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Lotus Circular buys two waste recycling firms controlled by its major shareholder for RM100 mil
KUALA LUMPUR (Dec 19): Main-Market listed Lotus Circular Bhd (KL:LOTUSCIR) is acquiring two waste re...
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Self-proclaimed bitcoin inventor in contempt of court over US$1.2 tril UK lawsuit
LONDON (Dec 19): An Australian computer scientist who falsely claimed he invented bitcoin was on Thu...
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Daughter of Aset Kayamas founder is now Kanger’s largest shareholder
KUALA LUMPUR (Dec 19): Chai Woon Yun, daughter of Aset Kayamas founder Tan Sri Datuk Chai Kin Kong, ...
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Pentamaster, partner to privatise HK-listed unit; confirms The Edge’s report
KUALA LUMPUR (Dec 19): Pentamaster Corp Bhd (KL:PENTA) on Thursday proposed to privatise its 63.9%-o...
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Appellate court grants UEM Sunrise unit leave to challenge additional tax assessment
KUALA LUMPUR (Dec 19): The Court of Appeal has granted UEM Sunrise Bhd’s (KL:UEMS) wholly-owned unit...
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Losses from crypto hacks jump to US$2.2b in 2024 — report
(Dec 19): Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to US$2.2 bill...
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Tesla sounds out Austin officials about long-promised driverless fleets
(Dec 19): US Tesla Inc is in early discussions with the city of Austin about its autonomous vehicle ...
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Aeon Credit’s 3Q profit down 27% on associate’s loss, higher interest expense
KUALA LUMPUR (Dec 19): Aeon Credit Service (M) Bhd (KL:AEONCR) reported a 27.44% drop in net profit ...
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UWC's net profit rises 49% as revenue nearly doubles on increased semiconductor orders
KUALA LUMPUR (Dec 19): UWC Bhd's (KL:UWC) net profit rose 49.2% to RM6.5 million in the first quarte...
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United Malacca's net profit more than doubles to RM30.9 mil, its highest in four years
KUALA LUMPUR (Dec 19): United Malacca Bhd's (KL:UMCCA) net profit more than doubled for its second q...
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Winstar Capital ramping up capabilities to tap Large Scale Solar 5 opportunities
KUALA LUMPUR: Winstar Capital Bhd is accelerating its growth in the renewable energy and aluminium m...
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Fashion retailer Bonia ventures into health and wellness with investment in Macroverse
KUALA LUMPUR (Dec 19): Fashion retailer Bonia Corp Bhd (KL:BONIA) is venturing into the health and w...
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Malacca Securities advises Southern Steel shareholders to approve share issuance to Green Esteel
KUALA LUMPUR (Dec 19): Malacca Securities Sdn Bhd has advised minority shareholders of Southern Stee...
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Mynews plans more new stores after 4Q profit jumps nearly fourfold as sales climb
KUALA LUMPUR (Dec 19): Mynews Holdings Bhd (KL:MYNEWS) reported a significant jump in net profit to ...
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MRCB confirms withdrawal from Berjaya-led HSR consortium
KUALA LUMPUR (Dec 19): Malaysian Resources Corp Bhd (KL:MRCB) has confirmed it has withdrawn from a ...
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China Airlines orders US$11.9 bil worth of jets from Airbus, Boeing
(Dec 19): Taiwan’s China Airlines Ltd will order two dozen Boeing Co and Airbus SE long-range passen...
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MARC upgrades UEM Edgenta’s sukuk rating to AAIS
KUALA LUMPUR (Dec 19): MARC Ratings has upgraded UEM Edgenta Bhd’s (KL:EDGENTA) Islamic Medium-Term ...
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Fahmi vows extra measures against social media platforms that fail to enforce age restrictions
IPOH (Dec 19): The Communications Ministry will monitor and take additional measures if any social m...
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Sony to become top shareholder of media powerhouse Kadokawa
TOKYO (Dec 19): Sony Group said on Thursday it will invest about ¥50 billion (US$320 million or RM1....
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Nissan share rally burns traders in Asia’s most-shorted carmaker
(Dec 19): It’s been a painful week for traders betting against Nissan Motor Co, Asia’s most shorted ...
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Top 20 Best Places to Work in the Asia-Pacific Region for 2024 revealed
SINGAPORE - Media OutReach Newswire - 19 December 2024 - The 2024 rankings for the Top 20 Best Place...
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HLIB: Consumer trends shift to local fast-moving consumer goods as boycotts persist
KUALA LUMPUR (Dec 19): There is noticeable shift towards local fast-moving consumer goods amid prolo...
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Winstar eyes sales growth amid China tax shift, LSS5 opportunities
KUALA LUMPUR (Dec 19): Aluminium products maker Winstar Capital Bhd (KL:WINSTAR) is expecting sales ...
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Catcha Digital acquires 70% stake in Tastefully to tap into consumer food expo sector
KUALA LUMPUR (Dec 19): Catcha Digital Bhd (KL:CATCHA) has announced its acquisition of a 70% stake i...
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Cover Story: PLUS’ concession not as lucrative as perceived, says UEM Group MD
This article first appeared in The Edge Malaysia Weekly on December 9, 2024 - December 15, 2024 THE ...
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Bitcoin tests US$100,000 after Fed spurs worst drop since September
(Dec 19): Bitcoin sank below US$100,000 (RM450,441) as part of a wider retreat in speculative invest...
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Cover Story: Sleeping Giant UEM Group Stirs
This article first appeared in The Edge Malaysia Weekly on December 9, 2024 - December 15, 2024 UEM ...
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TM, Petronas and Gentari ink MOU to drive digital transformation for industries
KUALA LUMPUR (Dec 19): Telekom Malaysia Bhd (KL:TM) has signed a memorandum of understanding (MOU) w...
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Apple in talks with Tencent, ByteDance to roll out AI features in China — Reuters
BEIJING (Dec 19): Apple is in talks with Tencent and TikTok owner ByteDance about integrating their ...
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Stocks with momentum on Dec 19, 2024: Bertam, JF Technology
KUALA LUMPUR (Dec 19): theedgemalaysia.com highlighted one stock with positive momentum and one stoc...
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Analysts expect Scientex's property division to see better earnings amid challenges at packaging segment
KUALA LUMPUR (Dec 19): Analysts expect Scientex Bhd (KL:SCIENTX) to see better earnings from the pro...
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Micron shares tumble as quarterly forecast signals sluggish consumer demand
BENGALURU (Dec 18): Micron Technology forecast quarterly revenue and profit below Wall Street estima...
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Indonesian arm of Mr DIY slumps on market debut
JAKARTA/SINGAPORE (Dec 19): The Indonesian arm of Malaysia-based home improvement retailer Mr DIY Gr...
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MRCB slips to four-month low after group was said to have withdrawn from HSR-bidding consortium
KUALA LUMPUR (Dec 19): Shares of Malaysian Resources Corporation Bhd (KL:MRCB) slipped to a four-mon...
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Winstar Capital rises 40% on ACE Market debut
KUALA LUMPUR (Dec 19): Aluminproducts maker Winstar Capital Bhd (KL:WINSTAR) rose 40% on its ACE Mar...
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YTL Corp, YTL Power soar in early trade after saying MACC clears from any wrongdoing in 1BestariNet project
KUALA LUMPUR (Dec 19): Shares of YTL Corporation Bhd (KL:YTL) and its associate YTL Power Internatio...
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Collaborative C-suite leadership in cyber can unlock AI-driven innovation for growth
AS we embark on a transformative era defined by technological progress, artificial intelligence (AI)...
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MRCB, Berjaya Corp, YTL Power, SD Guthrie, Eco World, Supermax, Scientex, YNH Property, T7 Global, PTT Synergy, RHB Bank, Ge-Shen, Aeon, Pestech, Quality Concrete and Advancecon
KUALA LUMPUR (Dec 18): Here is a brief recap of some business news and corporate announcements that ...
Daily Sentiments
78 News articles
32
Positive
31
Neutral
15
Negative
78 News articles
Positive
32
Neutral
31
Negative
15