KUALA LUMPUR (Sept 8): South Korea's biggest total cargo delivery company CJ Korea Express Asia Ptd Ltd has emerged as the largest shareholder in Century Logistics Bhd, after the former acquired 120.54 million shares, translating into 31.44% stake in the latter, confirming a report published in T...

South Korea’s CJ Korea Express emerges as largest shareholder in Century Logistics after buying 31.44% stake

With the return of Malaysia’s Healthiest Workplace by AIA Vitality 2018 — a comprehensive survey of the health and well-being of employees in Malaysia for the second year — AIA Bhd aims to help employers identify effective interventions so that a healthier environment could be created for Malaysi...

AIA’s survey on health and well-being aims to provide employers with insights into employees’ needs and wants

AirAsia Group again saw impressive earnings for the financial year ended Dec 31, 2017 (FY2017). The budget airline recorded a net profit of RM1.63 billion on revenue of RM9.71 billion, which is a 42% increase over FY2016. It is the group’s ninth consecutive financial year of profit since it last ...

BIG CAP COMPANIES — RM10 BILLION TO RM40 BILLION MARKET CAPITALISATION / HIGHEST RETURNS TO SHAREHOLDERS & GROWTH IN PROFIT AFTER TAX OVER THREE YEARS: CONSUMER PRODUCTS & SERVICES: AirAsia Group Bhd - Soaring Higher Despite Challe

While the entry of ride-sharing platforms such as Grab and Uber is disrupting and redefining the taxi industry, Rakuten Trade Sdn Bhd is hoping to do the same, but in stock trading.

It has been three months since the low-cost online equity broker introduced its services here and it has ...

Rakuten Trade looking at disrupting the stock trading industry

ANYONE who has ever attended an annual general meeting of a listed company knows that one of the biggest headaches is the voting process for resolutions and the length of time it takes for the votes to be counted.

VotesApp.co aims to disrupt traditional poll voting by accelerating the w...

Tech: VotesApp speeds up AGMs, shareholder polls

THE US-China trade war may offer a convenient reason — or excuse — for the recent global market jitters.

But closer to home, the tepid first quarter corporate performance has set off alarm bells. As at the time of writing, about half of the 91 companies that have announced January to Ma...

After tepid 1Q earnings, analysts look to second half

Investors will see a slow start to the week with Wesak day falling on Monday and Nuzul Quran on Wednesday. But, after the long weekend, it will be a busy week for most market participants as the earnings season kicks off.

Petronas Chemicals Group Bhd is one of the first few companies th...

The Week Ahead: Earnings season to kick off after the public holidays

NOTABLE off-market trades during the period under review included a direct transaction of 24.8 million shares or a 13.5% stake in Ideal United Bintang International Bhd on April 22. According to data from Bloomberg, the transactions were done in six tranches at an average price o...

Off-Market Trades: Ideal United Bintang International Bhd, Xian Leng Holdings Bhd,  Ire-Tex Corp Bhd, SMTrack Bhd, Genting Bhd

OIL and gas-related counters have yielded an average total return of 53.4% year to date, vastly outperforming the local equity benchmark, which declined 1.9%. The sector’s improvement so far this year has also been huge compared with the meagre 0.9% increase a year ago.

Not surprisingly...

Oil and gas rally: New dawn or false start? 

A weaker ringgit may have benefited exporters in 2017, but is not expected to have the same positive effect now, amid slowing global trade and demand.

Compounding matters, a weaker ringgit is likely to further erode the margins of manufacturers that import raw materials, which ultimatel...

Lead Story: Weak global demand tamps down softer ringgit benefit

Four-cornered fight for Kuala Kubu Baharu state constituency — EC

The nomination centre for the Kuala Kubu Baharu state by-election closed at 10am on Saturday.

The announcement was made by returning officer Yuhanas Auree Kamaruddin at the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Nomination centre for Kuala Kubu Baharu by-election closes at 10am

Alphabet Inc closed decisively above a US$2 trillion (RM9.54 trillion) market capitalisation for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence (AI).

Alphabet joins US$2 trillion club as results show AI strength

Candidates contesting the upcoming Kuala Kubu Bharu by-election, a semi-urban seat located in the Hulu Selangor district, have started executing their campaign strategies over the weekend. The by-election is being held following the demise of its incumbent, Lee Kee Hiong from DAP, on March 21 due to cancer.

The Week Ahead: Attention on KKB by-election, FOMC decision, trade data in Asia

Richly valued US stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report.

Lofty US stocks leave investors punishing earnings disappointments

Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.

The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.

Taiwan rattled by quakes again, no immediate reports of damage

Nomination for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Nomination opens at 9am for Kuala Kubu Baharu by-election

US regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp (FDIC) said on Friday, underscoring the challenges facing regional banks a year after the collapse of three peers.

US regulators seize troubled lender Republic First, sell it to Fulton Bank

Apple Inc has renewed discussions with OpenAI about using the start-up’s technology to power some new features coming to the iPhone later this year, according to people familiar with the matter.

Apple intensifies talks with OpenAI for iPhone generative AI features

The Perak government is expected to establish cooperation with Star Group Industries (SGI), a leading South Korean company with experience in the production of downstream products of rare earth elements (REE).

Perak to collaborate with rare earth elements company from South Korea, says MB

The creation of Flexible Account 3 for anytime withdrawals from May 11 means Employees Provident Fund (EPF) members can choose to take out up to a third of the balance in their existing Wellbeing Account 2.

Who pays for anytime EPF withdrawals?

China passed a law on Friday strengthening its trade defence capabilities as the US and the European Union take aim at Beijing over excess industrial capacity.

China passes tariff law amid tensions with trading partners

Global&nbsp;stocks were higher on Friday, as Big Tech gains lifted Wall Street shares, while Japan's yen&nbsp;sank to a&nbsp;34-year low after the Bank of Japan (BOJ)&nbsp;kept&nbsp;monetary policy loose.

Global stocks gain on Big Tech lift; yen slides to 34-year low

The Perak government is expected to establish cooperation with Star Group Industries (SGI), a leading South Korean company with experience in the production of downstream products of rare earth elements (REE).

Richly valued US&nbsp;stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report.

Alphabet Inc&nbsp;closed decisively above a US$2 trillion (RM9.54 trillion) market capitalisation for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence (AI).

US&nbsp;regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp (FDIC) said on Friday, underscoring the challenges facing regional banks a year after the collapse of three peers.

The nomination centre&nbsp;for the Kuala Kubu Baharu state by-election closed at 10am on Saturday.

The announcement was made by returning officer Yuhanas Auree Kamaruddin&nbsp;at the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Nomination&nbsp;for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at&nbsp;the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Candidates contesting the upcoming Kuala Kubu Bharu by-election, a semi-urban seat located in the Hulu Selangor district, have started executing their campaign strategies over the weekend. The by-election is being held following the demise of its incumbent, Lee Kee Hiong from DAP, on March 21 due to cancer.

Apple Inc&nbsp;has renewed discussions with OpenAI about using the start-up’s technology to power some new features coming to the iPhone later this year, according to people familiar with the matter.&nbsp;

More to come
...

Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.

The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.

Billy Toh

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Billy Toh

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