The earnings of Malaysia Smelting Corporation Bhd (MSC) are expected to be stronger on a quarterly basis in the second quarter of financial year 2024 (2QFY24), though its smelting business remains impacted, said Affin Hwang Investment Bank (Affin Hwang). The…
The Sarawak government’s plan to increase its stake in Affin Bank Bhd to around 30 per cent from the current 4.8 per cent could be a ‘double win’, realising high or reasonable returns from its investment. Reorienting the bank’s lending…
The Malaysia Productivity Corporation (MPC) has launched the public consultation on the electric vehicle battery management (EVBM) guidelines to promote industry self-regulation in the rapidly growing electric vehicle (EV) industry. MPC said the EVBM guidelines aim to ensure the safe,…
A Tesla shareholder filed a lawsuit on Thursday accusing chief executive officer Elon Musk of insider trading when he sold over US$7.5 billion (RM35.3 billion) of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold…
U.S. bond giant PIMCO said on Wednesday it is increasing its bond exposure in developed markets outside the United States as inflation could complicate the shift of the Federal Reserve to lower interest rates. The $1.9 trillion asset manager expects…
Tesla CEO Elon Musk faces heightened pressure with Tuesday’s earnings report to reassure investors that recent stumbles are simply unexpected speed bumps – and not indications of a road to decline. The electric car maker, which enjoyed scorching growth for…
Under mulberry trees at a bee farm in Taipei’s suburbs, students watched intently as instructor Tsai Ming-hsien wafted smoke over a hive box, explaining to aspiring apiarists how to keep the insects happy in an urban setting. His audience included…
Few venues may seem more IRL than a gas station pump, but soon you’ll be able to catch up with — if not actually enter — the metaverse while filling up your car, thanks to a partnership being announced today…
While an earnest apple and a snarky bunch of purple grapes may not be on every marketer’s dream team, Fruit of the Loom is re-enlisting the Fruit People for its latest launch. It’s all part of an integrated campaign for…
WPP-backed The&Partnership is has formally merged with media planning and buying agency mSix&Partners to become “T&Pm,” an integrated full-service agency emphasizing “AI at its heart.” “Looking back, I’m not sure whose idea it was for our industry to separate creative…
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