The strongest element in 2020 — the Year of the Metal Rat — is earth, said Datuk Joey Yap, chief consultant of Joey Yap Consulting Group, at The Edge-RHB Premier Investment Insights Dinner. The presence of this non-moving and safe element means this will be a sluggish year.

“People...

Opportunities and risks in the Year of the Metal Rat

Technology stocks in China and equities in Malaysia remain attractive amid a relatively stable investing environment, said Tan Jee Toon, chief investment officer at RHB Asset Management in Singapore, at The Edge-RHB Premier Investment Insights Dinner.

Tan, who oversees Asia-Pacific equi...

Chinese tech stocks and Malaysian equities attractive

What does the Year of the Metal Rat have in store for investors? Speakers at The Edge-RHB Premier Investment Insights Dinner offer their outlook for 2020.

 

The Year of the Metal Rat is expected to bring new opportunities for investors despite the lingering uncer...

Finding opportunities in the New Year

Equities, Singaporean real estate investment trusts (REITs), Asian credit and gold are expected to do well this year, according to Reginald Tan, head of multi-asset products for Southeast Asia at Schroders Investment Management.

During his presentation, “Top Predictions for 2020”, at Th...

Top predictions for 2020

The Ministry of Transport (MOT) fully supports Khazanah Nasional Bhd and the Employee Provident Fund’s (EPF) move to privatise Malaysia Airports Holdings Bhd (KL:AIRPORT), or MAHB, as it will enable the implementation of strategic decisions more expediently, according to its minister Anthony Loke Siew Fook.

MOT supports MAHB privatisation, to enable expedient strategic decisions — Loke

The public, particularly netizens, are urged to refrain from sharing unverified information concerning the early morning attack on the Ulu Tiram police station in Johor on Friday, said Communications Minister Fahmi Fadzil.

Fahmi: Avoid sharing unverified information about Ulu Tiram police station attack

China on Friday announced plans for local governments to buy "some" apartments, and pledged forceful efforts to deliver unfinished homes, as part of a new round of measures to stabilise the crisis-hit property sector.

China pledges to buy apartments and finish stalled housing projects

Wireless carrier Maxis Bhd (KL:MAXIS) said on Friday its net profit rose 10% year-on-year (y-o-y) in the first quarter, thanks to higher service revenue and cost control.

Maxis posts 10% rise in 1Q net profit on higher service revenue, declares four sen dividend

KUALA LUMPUR (May 17): Sarawak Cable Bhd (KL:SCABLE) said that the memorandum of agreement (MOA) between the company and Serendib Capital Ltd (Serendib) had been validly terminated.

Sarawak Cable says has found alternative white knight to Serendib

The Construction Research Institute of Malaysia (CREAM), a research institute by the Construction Industry Development Board of Malaysia (CIDB), has entered into a collaboration with fly ash supplier ACE Greencemt Sdn Bhd through a memorandum of agreement (MOA) to conduct a study, specifically on fly ash, to promote green concrete for a sustainable construction industry.

CIDB collaborates with ACE Greencemt to study sustainable construction material

(May 17): China kicked off issuance of this year’s special sovereign bonds with a 30-year auction that drew demand of 3.9 times the amount on offer.

China’s special bond sale sees demand in line with 2024 trend

(May 17): Gold’s record-setting rally may have captured the headlines this year, but it is silver that’s running harder and faster, as the less glamorous metal benefits from robust financial and industrial demand.

Hot commodity silver sets pace as demand, deficit spur rally

Shares in DKSH Holdings (Malaysia) Bhd (KL:DKSH) rose to their highest in nearly a year, after the products distribution company reported stronger-than-expected quarterly results.

DKSH rises to near one-year high on above-view 1Q

SAN FRANCISCO (May 16): Microsoft said on Thursday that it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete with components made by Nvidia, with details to be given at its Build developer conference next week.

Microsoft offers cloud customers AMD alternative to Nvidia AI processors

Malaysia’s economic growth accelerated faster than expected in the first three months of 2024, thanks to higher household spending, stronger investment activities, improvement in labour market conditions, and higher exports and tourist arrivals.

Malaysia's 1Q GDP beats consensus estimates, grows 4.2% y-o-y

Two policemen were killed and another was injured in an attack on the Ulu Tiram Police Station early on Friday morning.

State police chief Commissioner M Kumar confirmed the incident, stating that it occurred at 2.45am and involved a masked intruder armed with pistols and a machete.

Two policeman killed in attack at Ulu Tiram police station

The male suspect who was shot dead in the attack at the Ulu Tiram Police Station here earlier on Friday is believed to be a member of Jemaah Islamiyah.

Suspect in Ulu Tiram police station attack believed to be member of Jemaah Islamiyah, says IGP

KUALA LUMPUR (May 17): Shares of S P Setia Bhd (KL:SPSETIA) soared to their highest in nearly six years on Friday, as analysts continue to urge investors to buy the stock, even as its stock price has nearly doubled so far this year.

S P Setia soars to near six-year high as analysts bet on extended rally

Hong Leong Investment Bank (HLIB) Research said the anticipated rebound in construction activities, particularly in railway projects, is expected to generate more contract opportunities for companies like Econpile Holdings Bhd (KL:ECONBHD).

Econpile to ride on construction upcycle, says HLIB 

BWYS Group Bhd has signed an agreement with M&amp;A Securities Sdn Bhd to underwrite the sheet metal products manufacturer and scaffoldings supplier's upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

BWYS Group signs underwriting agreement with M&A Securities for ACE Market IPO

The International Monetary Fund (IMF) criticised the Biden administration’s decision to aggressively raise tariffs on some Chinese goods, underscoring its warning that tensions between the world’s top two economies risk hurting global trade and growth.

IMF knocks Biden’s China tariffs as risk to US, world growth

Asian stocks inched lower on Friday as traders pondered the near term US monetary policy path after Federal Reserve (Fed) officials suggested that interest rates may need to stay higher for longer even as inflation shows early signs of easing.

Asian stocks ease on uncertainty over timing of US rate cuts

KUALA LUMPUR (May 17): Shares of Hong Leong Industries Bhd (KL:HLIND), or HLI, climbed to near their record high on Friday, after the motorcycle assembler reported a 51% year-on-year jump in net profit for the three months ended March 31, 2024.

Hong Leong Industries’ shares retest all-time high after profit jump

Shares of Hup Seng Industries Bhd (KL:HUPSENG) climbed to their highest in nearly three years after the biscuit maker reported that its net profit surged 45% year-on-year in the first quarter.

Hup Seng shares climb to near three-year high after 1Q profit surge

KUALA LUMPUR (May 17): Shares of Malaysian Pacific Industries Bhd (KL:MPI) climbed to their highest in 15 months, as analysts flagged stronger quarters ahead following the semiconductor company’s return to the black.

Malaysian Pacific Industries climbs to 15-month high on return to profit

Rakuten Trade said Poh Kong Holdings Bhd (KL:POHKONG) is back on the radar after it pushed out from the pennant pattern with a long white candle on Thursday.

Poh Kong back on the radar, says Rakuten Trade 

The Dow reached an intra-day high of 40,000 for the first time on Thursday, but it ended lower after paring earlier gains, as investor hopes of interest-rate cuts by the Federal Reserve (Fed) were buoyed by data showing inflation slowdown, as well as strong corporate earnings results.

Dow hits milestone 40,000 mark as rate-cut hopes fuel rally

A suitable list of names for the position of the Election Commission (EC) chairman should be submitted to the Special Parliamentary Select Committee on Human Rights, Elections, and Institutional Reform for vetting before being proposed to the Yang di-Pertuan Agong (YDPA) for consideration as per Article 114 of the Federal Constitution.

List of EC chairman candidates must be vetted before being submitted to Agong

Noland Arbaugh still doesn’t quite know what happened. He doesn’t know many of the key details about how his life took such a drastic and now extraordinary turn. How he became Noland Arbaugh, celebrity cyborg.

Neuralink’s first patient: ‘It blows my mind so much’

Shut out of US markets and under fire in Europe, China’s electric carmakers are zeroing in on the countries where they’re welcome. One of the big ones is Brazil.

Chinese EV giants hammered by Biden tariff are welcome in Brazil

Kedah Menteri Besar Datuk Seri Muhammad&nbsp;Sanusi&nbsp;Md&nbsp;Nor's sedition trial will proceed in the High Court here in July.

This follows deputy public prosecutor (DPP) Datuk Masri Mohd Daud informing judge Datuk Aslam Zainuddin that the Perikatan Nasional election director’s representation letter has been rejected.

Kedah MB Sanusi's representation bid fails, sedition trial to proceed in July

KUALA LUMPUR (May 17): Sarawak Cable Bhd (KL:SCABLE) said that the memorandum of agreement (MOA) between the company and Serendib Capital Ltd (Serendib) had been validly terminated.

China's factory output topped forecasts in April, helped by improving external demand, although retail sales unexpectedly slowed and the property sector remained a drag on the economy, piling pressure on Beijing to do more to support growth.

China's factories fire up but consumer, property weakness persists

WASHINGTON (May 16): US President Joe&nbsp;Biden&nbsp;signed on Thursday a&nbsp;sweeping aviation legislation that will boost US air traffic controller staffing, increase funding to avert runway close-call incidents, and speed up refunds for cancelled flights.

THE EDGE-RHB PREMIER INVESTMENT INSIGHTS DINNER

‌
‌

THE EDGE-RHB PREMIER INVESTMENT INSIGHTS DINNER

‌‌

‌
‌