Gas Malaysia Bhd has awarded engineering, procurement, construction and commissioning (EPCC) contracts for its biomethane purification plants in Trong and Air Kuning in Perak to MTC Orec Sdn Bhd and Enproserve (M) Sdn Bhd. Scheduled for completion within 13 months,…
Chinese ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from record highs. Alibaba rocketed 15 per cent following bumper results after hours on Friday, including a surge in…
Southern Cable Group Bhd’s strong performance this quarter is expected to sustain into the second half of 2025, boosted by capacity expansion and major project deliveries, Hong Leong Investment Bank Bhd (HLIB) said. The research house said the ramp-up of…
Petronas Chemicals Group Bhd recorded a dismal performance in the second quarter of 2025 due to internal and external disruptions to its operations. This comes amid heightened geopolitical tensions in the Middle East and tariff announcements, which affected crude oil…
RHB Investment Bank Bhd has maintained its “Overweight” rating on the construction sector, anticipating a stronger pipeline of development expenditure (DE) under the 13th Malaysia Plan (13MP), which was tabled in Parliament yesterday. In a research note, the firm said…
Asian shares and the yen held their ground on Monday as Japanese elections proved bad for the government but no worse than already priced in, while Wall Street futures braced for earnings from the first of the tech giants. Investors…
Stock markets mostly rose Thursday on optimism that governments would reach deals to avoid US tariffs, with London hitting a record high. London’s FTSE 100 index jumped one percent in morning trading, lifted also by a surge in mining stocks…
Some analysts expect Malaysia’s export growth to moderate between 2.0 per cent and 3.1 per cent this year, reflecting a cautious outlook in light of persistent trade uncertainties. MIDF Research projects export growth to slow to 2.0 per cent in…
Traders on Friday exchanged the most US$80 West Texas Intermediate (WTI) crude oil call options since January, expecting more upside to prices after Israeli airstrikes on Iran sparked fears of a wider Middle East conflict. Call options grant the holder…
Most emerging Asian equities rose on Monday ahead of the crucial trade talks between the US and China in London later in the day, while regional currencies remained subdued against a steady dollar. Top trade representatives from Washington and Beijing…
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