KUALA LUMPUR (Oct 27): Facing a tough election battle ahead of him, Malaysian Prime Minister Najib Razak has a good story to tell on the economy when he unveils his budget on Friday.

Stronger economic growth and rising oil prices mean higher tax revenue, which Najib is expected to use t...

Malaysia budget-day guide: It’s all about the upcoming election

PUTRAJAYA (OCT 26): Malaysia's Budget 2018 will be mildly expansionary and "very inclusive", where all groups of people will be taken into consideration based on priorities and what the government deems needs to be done.

Prime Minister Datuk Seri Najib Tun Razak said this during a pre-b...

PM Najib: Malaysia's Budget 2018 mildly expansionary

KUALA LUMPUR (Oct 13): The national budget to be tabled on Oct 27 is most likely to be modestly expansionary amid revenue challenges as the government maintains fiscal discipline, says UOB Kay Hian Securities.

"Budget 2018 will reaffirm high infrastructure spending, promote growth areas...

Budget 2018 to be modestly expansionary, says UOB Kay Hian

KUALA LUMPUR (Oct 6): Budget 2018 is expected to benefit the civil service, lower income households, and the construction and building sector, according to analysts.

"Bread-and-butter issues continue to rank at the top of Malaysians' concerns and, against the backdrop of a looming GE14,...

Civil service, construction sector to benefit from Budget 2018 — analysts

KUALA LUMPUR (Oct 5): The government is unlikely to increase gaming taxes for casino and lottery operators under gaming activities, according to AmBank Research.

In his 2018 Budget Preview today, AmBank group chief economist Anthony Dass said he believes Genting Malaysia Bhd has scored ...

No gaming tax hike; tobacco tax boost unlikely, says AmBank Research

KUALA LUMPUR (Oct 5): AmBank Research says the Malaysian automotive sector, hurt by high input costs due the ringgit's weakness, could get relief in the form of further tax exemption for localisation, and a reduction in excise duties and/or import duties in the upcoming Budget 2018.

In ...

Auto sector could get relief in Budget 2018, says AmBank Research 

KUALA LUMPUR (Oct 5): AmBank Research has projected Malaysia’s 2017 full year gross domestic product (GDP) to hover around 5.7% – 5.9%, hence expecting an upwards revision to around 5.5% – 6.0% in Budget 2018.

In its Budget 2018 preview, AmBank group chief economist Anthony Dass said he...

AmBank Research projects Malaysia 2017 GDP to hover around 5.7%-5.9%; 5.5%-6% in Budget 2018

KUALA LUMPUR (Oct 3): UOB Global Economics & Market Research is projecting real gross domestic product (GDP) growth of 5.2% for 2017 and 5% in 2018.

In a Budget 2018 preview flash note today, UOB Malaysia economist Julia Goh said given this is the final budget before the next genera...

UOB Research projects Malaysia's GDP to grow 5.2% this year, 5% in 2018

KUALA LUMPUR (Sept 29): Second Finance Minister Datuk Seri Johari Abdul Ghani assured the government has no plans to raise taxes in the 2018 National Budget, considering the high cost of living presently faced by the public.

"We have no plan to tax the people further, I think the people...

No tax hike in Budget 2018, says minister

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

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

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

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

FRANKFURT/BERLIN/PRAGUE (April 26): Thyssenkrupp will sell a 20% stake in its steel business to the energy holding controlled by Czech billionaire Daniel Kretinsky, a major breakthrough for the German conglomerate after years of unsuccessful attempts to divest the unit.

Thyssenkrupp sells stake in steel unit to Czech billionaire Kretinsky

Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.

BCorp, Capital A, AAX, YNH, Sam Engineering, Turiya, Gadang, Microlink, Nestle, Wiradani, D&O, Homeritz, Unisem

KNM Group Bhd said it is seeking court sanction for a new scheme of arrangement with its creditors. The PN17 group is also seeking a further extension of time to submit its regularisation plan.

KNM seeks fresh scheme of arrangement with creditors

<div class="ceonothumb mx-auto pb-5">
<div>
<div class="iframe-w100-wrapper"><iframe allowfullscreen="" frameborder="0" height="500" src="https://www.youtube.com/embed/l56K3zFsPTk?si=EJn8MQBYV-CAV27h&amp;rel=0&amp;autoplay=1&amp;mute=1" width="840"></iframe></div>
</div>

E...

EVENING 5: Five things you need to know today

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.

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.

(April 26):&nbsp;HSBC Holdings Plc successfully fought off a London court&nbsp;claim&nbsp;brought by a group of investors in a £1.3 billion (US$1.6 billion) lawsuit over tax breaks linked to Walt Disney Co&nbsp;film financing.

HSBC wins £1.3 bil suit over Disney film finance scandal

KUALA LUMPUR (April 26):&nbsp;KPJ Healthcare Bhd, through its premier educational institution&nbsp;KPJ Healthcare University (KPJU),&nbsp;has entered into a memorandum of understanding (MOU) on Friday with Trusx Malaysia Sdn Bhd (Trustr), a global digital health organisation, as an initiative to revolutionise&nbsp;healthcare.

KPJ Healthcare, Trusx Malaysia collaborate for AI-driven healthcare solutions

KUB Malaysia Bhd has extended the deadline for its mandatory general offer for Central Cables Bhd (CCB) a second time to May 20 from April 30, according to its latest filing on Bursa Malaysia.

KUB extends deadline for CCB MGO a second time

Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from Alphabet pushed its market value over US$2 trillion (RM9.5 trillion), while an in-line inflation reading calmed interest rate jitters.

Wall Street rises as Big Tech charges higher

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.

US equity funds registered their fourth successive weekly outflows in the week ended April 24, hit by fading expectations for rate cuts this year.

US equity funds see fourth straight week of outflows amid rate cut reassessment

HULU SELANGOR (April 28): The Ministry of Health (MOH) stands by its decision to amend the Medical Act 1971 (Act 50) to bridge the gap between the parallel pathway programme (PPP) and the local medical degree programme, despite objections from some parties.

Health Ministry stands by decision to amend Medical Act 1971

FRANKFURT/BERLIN/PRAGUE (April 26): Thyssenkrupp&nbsp;will sell a 20% stake in its steel business to the energy holding controlled by Czech billionaire Daniel&nbsp;Kretinsky, a major breakthrough for the German conglomerate after years of unsuccessful attempts to divest the unit.

WASHINGTON (April 26):&nbsp;Ukrainian President Volodymyr Zelenskiy called on Friday for additional air defence systems to be sent to Kyiv to help protect against Russian strikes, adding that a pause in US&nbsp;funding had helped Moscow seize the initiative.

Ukraine's Zelenskiy calls for air defence systems as allies meet

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).

A weekly round-up of tanker and dry bulk market (April 26, 2024)

Baltic Exchange shipping updates: April 26, 2024

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.

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.

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;

Budget-2018-preview

‌
‌

Budget-2018-preview

‌‌

‌
‌