<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on November 1, 2018</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: Malaysia’s Producer Price Index (PPI) contracted for a second straight month in September, slipping 0.2% year-on-year (y-o-y) versus August’s 0.3% decline.</p></div>

<div class=newsTextDataWrapInner><p>PPI measures the average change over time in prices by producers for domestically produced commodities.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a statement yesterday, the Department of Statistics Malaysia chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the sectors which recorded a decrease in September were agriculture, forestry and fishing (-16.4%) and manufacturing (-1.7%).</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, the index that edged up were mining (+28.9%), electricity and gas supply (+1%) and water supply (+0.4%), he added.</p></div>

<div class=newsTextDataWrapInner><p>On a monthly basis, the PPI for local production grew 1.2% in September, the highest increase since rising 2% in January 2017, mainly due to the index of mining (+10.3%), manufacturing (+0.3%) and water supply (+0.2%).</p></div>

<div class=newsTextDataWrapInner><p>In a report yesterday, MIDF Research foresees producer price inflation to contract by 1% this year amid higher base effects.</p></div>

<div class=newsTextDataWrapInner><p>“We anticipate inflationary pressure from fuel-related items to pick up at steady pace, in tandem with steady gradual rise in global crude oil prices on top of the implementation of sales and service tax,” it added.</p></div>


KUALA LUMPUR: Malaysia’s Producer Price Index (PPI) contracted for a second straight month in September, slipping 0.2% year-on-year (y-o-y) versus August’s 0.3% decline.

PPI measures the average change over time in prices by producers for domestically produced commodities.

In ...

Producer Price Index down 0.2% y-o-y in September

PARIS (April 25): BNP Paribas (BNPP) reported a fall in first-quarter profit and revenue on Thursday but beat analyst forecasts, as lower expenses and a strong performance in its corporate banking business offset flat or falling revenues elsewhere.

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KUALA LUMPUR (April 25): theedgemalaysia.com highlighted nine stocks with momentum at Bursa Malaysia’s afternoon close on Thursday (April 25). One stock showed positive momentum, while eight stocks showed negative momentum.

The stock with positive momentum was:

  &nb...

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BEIJING (April 25): Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial intelligence training upgrades will enter a "super fast cycle" from May, and that it hopes the use of its platform will expand to other Asian countries and Europe.

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Malaysia’s consumer inflation came in lower than expected in March from a year earlier as prices of healthcare and food rose at a slower pace, official data on Thursday showed.

The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.

Malaysia’s inflation steady at 1.8% year-on-year in March

BENGALURU (April 25): The Philippine peso and South Korean won led losses on Thursday among subdued Asian emerging currencies, while stock markets in the region were pulled lower by a weak tech sector, after Facebook parent Meta Platforms disappointed with its forecasts.

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Deutsche Bank posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at its investment banking division.

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<p>KUALA LUMPUR (April 25): Mega First Corp Bhd shares have likely peaked following a recent rally to new all-time highs, and investors should stop buying the stock now, Maybank Investment Bank (Maybank IB) said and downgraded the stock to ‘hold’.</p>

<p>Maybank IB is the first from a total of fi...

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<p>KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.</p>


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<p>RHB Retail Research said NationGate Holdings Bhd is observing a technical breakout after climbing above the RM1.70 immediate resistance on surging trading volume.</p>


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<p>Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects of legacy offshore and marine assets was higher, boosted by strong performance in the global asset manager's infrastructure and connectivity segments.</p>


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<p>RHB Retail Research said Naim Holdings Bhd is likely to resume its uptrend after the recent consolidation above the 97.5 sen breakout level.</p>


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<p>Malaysia’s consumer inflation came in lower than expected in March from a year earlier as prices of healthcare and food rose at a slower pace, official data on Thursday showed.</p>

<p>The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.</p>


<p>Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the spectre of intervention from Tokyo.</p>


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<p>Benchmark S&amp;P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in Treasury yields amid positive corporate results particularly from technology giants.</p>


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<p>Visa Inc recently reported impressive fiscal second quarter 2024 results, with net revenue increasing by 10% and payments volume growing by 8%.</p>


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<p>The Court of Appeal has allowed a bid by Tan Sri Muhyiddin Yassin to have a bench of five judges to hear his review application to restore his acquittal by the High Court of four of his abuse of power charges last year.</p>

<p>His lawyer Chetan Jethwani said that Court of Appeal deputy registrar Muhammad Noor Firdaus Rosli informed the parties of the matter on Thursday morning during case management.</p>


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<p>Synergy House Bhd may trend higher after breaking out from its one-week bullish rectangular pattern two sessions ago, to a new all-time high.</p>
