Malaysian banks have limited upside in profitability even as asset quality remains strong, though they are well placed to weather external headwinds, S&P Global Ratings said on Monday.

Malaysian banks have limited earnings upside, return on assets likely flat — S&P

The recent spike in crude palm oil (CPO) prices echoes the commodity boom of 2021/22, as supply constraints from lower palm oil production and robust consumer demand push prices up.

Good time to buy planters even as CPO rally seen losing steam soon — analysts

Analysts are positive on Malaysia’s pilot green power exports to Singapore using existing infrastructure in both countries, following establishment of the platform enabling cross-border trading of green electricity, the Energy Exchange Malaysia (Enegem).

Analysts positive on pilot green power exports to Singapore; name Tenaga, YTLP as top picks

TA Securities has maintained its 'overweight' stance on the technology sector, and said the sentiment of the semiconductor sector in Malaysia will improve gradually, underpinned by an anticipated recovery in global demand and increasing trade diversion opportunities as a result of the 'China Plus One' strategy.

TA Securities keeps 'overweight' on tech sector, top picks Inari, Elsoft and MPI

Investors should go long on Malaysian Government Securities, Standard Chartered (StanChart) said and recommended buying the issue maturing in 2027 on the ringgit’s expected outperformance and prolonged rate pause.

Go long on Malaysian govt bonds, StanChart tips

AmInvestment Bank Bhd has selected Hong Leong Bank Bhd, IOI Properties Group Bhd and Greatech Technology Bhd as its new top stocks to buy.

These three counters replaced its earlier picks namely CIMB Group Holdings Bhd, Mah Sing Group Bhd and Sunway Bhd, after their share prices have reached near or above the research house’s fair values, said AmInvestment Bank Bhd in a note released on April 2.

AmInvest names Hong Leong Bank, IOI Properties and Greatech as new top picks

Maybank Investment Bank (Maybank IB) maintained its 'neutral' rating for the plantation sector, and said the sector had played its part in ensuring food security, job security, and health security not just for the nation, but the world over during the Covid-19 pandemic.

Plantation sector contributed more than RM23b over past four years in various forms, says Maybank IB as it keeps 'neutral' call

RHB Investment Bank (RHB IB) Research has maintained its “overweight” rating on the healthcare facilities and services sector with KPJ Healthcare Bhd as its top pick.

RHB IB stays 'overweight' on healthcare sector; KPJ top pick

Analysts are positive on Axiata Group Bhd, and kept their ‘buy’ calls for the telecommunications group after its earnings beat expectations.

They are also positive on the group's decision to exit the Myanmar market by disposing of its telecommunications tower business there.

Analysts keep 'buy' on Axiata as FY2023 results beat expectations

PublicInvest Research has retained its “overweight” rating for the healthcare sector, and said it remains positive on Malaysia’s healthcare sector in the medium term, supported by the increasing trend of an ageing population, growth in medical tourism, as well as the overall increase in demand for medical services.

PublicInvest remains positive on healthcare sector, KPJ is top pick

CGS-CIMB Securities has upgraded Bursa Malaysia Bhd to “add” at RM7.47, with a higher target price of RM8.50 (from RM6.90), and said the stock market operator is the biggest beneficiary of the increased vibrancy of the equity market.

Bursa biggest proxy for vibrant equity market, says CGS-CIMB

The recent market sell-off among small-cap counters and penny stocks on Bursa Malaysia during the first three weeks of the year should not deter investor confidence in looking for good fundamental stocks, according to RHB Research.

Recent small-cap selling pressure should not deter investor confidence, says RHB Research

Malaysia's automotive industry is expected to be affected by the implementation of the high-value goods tax (HVGT) and higher service tax rates this year, according to Maybank Investment Bank (Maybank IB).

Local auto industry to be affected by high-value goods tax, higher service tax in 2024, says Maybank IB

Analysts are upbeat on the renewable energy (RE) sector following the recent announcements by the Ministry of Energy Transition and Public Utilities (Metpu), highlighting players in engineering, procurement, construction and commissioning (EPCC) as main winners.

Analysts upbeat on RE sector amid firm policies; EPCC players seen as winners

Farm Price Holdings Bhd on Wednesday began taking orders from investors for its initial public offering (IPO) on the ACE Market to raise up to RM32.4 million.

Farm Price starts ACE Market IPO to raise up to RM24.48 mil

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

Najib's 1MDB-Tanore trial live reporting (April 24)

A Myanmar rebel group has withdrawn its troops from a town along the Thai border following a counteroffensive by soldiers of the ruling junta from whom the rebels had this month wrested the key trading post, an official said on Wednesday.

Myanmar rebel group withdraws from key town on Thai border

Haily Group Bhd shares continued their uptrend on Wednesday to a near all-time high, after the construction outfit won a RM109.5 million contract for terrace houses in Pontian, Johor.

Haily shares near all-time high after securing RM109.5m housing job

German Chancellor Olaf Scholz and Finance Minister Christian Lindner both expressed scepticism on Tuesday about reforming the country's 'debt brake', but Bundesbank president Joachim Nagel said he saw scope for adjustments.

Scholz and Lindner sceptical about reforming German debt brake

Fisker may have to file for bankruptcy protection within 30 days if it does not get adequate relief from its creditors and enough liquidity to meet its current debt obligations, it disclosed in a regulatory filing on Tuesday.

Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations

The People’s Bank of China (PBOC) ramped up its verbal pushback against the rally in long-term government bonds, warning of a reversal and hinting that a mismatch between market prices and the economic outlook will be corrected.

PBOC warns of rally in long-end government bonds

The US Federal Trade Commission (FTC) voted Tuesday to adopt a near-total ban on non-compete provisions that prohibit workers from switching jobs within an industry, a rule the Chamber of Commerce vowed to immediately challenge in court.

FTC issues worker non-compete ban as chamber lawsuit looms

In the third and fourth instalments of our four-part series on the economy, we are focusing on mission-based policy packages that Malaysia can embark on to realise our vision of Malaysia Madani. As a recap, the first article — “Taking a systems approach to fuel subsidies” (Issue 1515, March 18) —...

My Say: Mission Madani: Now is not the time to work in silos

E-government services provider MyEG Services Bhd has inked an agreement to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.

MyEG inks partnership to launch Hong Kong virtual assets

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

With Malaysia’s 5G outdoor coverage having reached the 80% target for coverage of populated areas (CoPA) at the end of 2023 and after the signing of the share subscription agreements (SSAs) by five mobile network operators (MNOs) on Dec 1, 2023, what’s next for the next stage of 5G deployment in Malaysia?

What’s next for 5G deployment in Malaysia?

Rakuten Trade said NationGate Holdings Bhd may extend its upward trajectory after breaking out from its one-month rectangular pattern on Tuesday.

NationGate may extend upward trajectory, says Rakuten Trade 

Tesla Inc is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.

Tesla to accelerate launch of cheaper cars after sales miss

US stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks.

Wall Street closes higher as investors digest earnings, megacap outlook

Bursa Malaysia opened higher on Wednesday, tracking Wall Street's upbeat overnight performance, as confidence was buoyed by a spate of solid corporate earnings that many see as a precursor of those from the mega caps which will be reported over the next few days, said an analyst.

Bursa opens higher, tracking overnight Wall Street

E-government services provider MyEG Services Bhd has inked an agreement to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.

Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the US megacaps, and the yen tumbled to multi-year lows against the dollar and the euro.

Stocks gear up for Big Tech earnings; yen touches multi-year lows

Shares of DXN Holdings Bhd surged on Wednesday to its highest in more than a month as analysts continued to urge investors to buy the stock after the health supplement company’s fourth-quarter (4Q) results.

DXN climbs over one-month high, analysts see positive outlook

RHB Retail Research said Censof Holdings Bhd is observing a technical breakout after climbing above the 26.5 sen immediate resistance on surging trading volume.

Censof observing technical breakout, says RHB Retail Research 

The ringgit rebounded in early trade on Wednesday as the US dollar retreated after S&amp;P Purchasing Managers' Index (PMI) data disappoint.

Ringgit rebounds on softer US dollar after PMI data

Meta Bright Group Bhd said its wholly owned subsidiary FBO Land (Serendah) Sdn Bhd and Doople Tech Sdn Bhd have entered a solar supply agreement with Cherengin Hills Sdn Bhd, following its recent collaboration with Doople to form a joint venture (JV) company to bid for renewable energy (RE) projects with a Bumiputera equity requirement.

Meta Bright lands solar supply deal after forming JV company with Doople

Mergers and acquisitions (M&amp;A) activities fell to the lowest in a decade in 2023. According to the “Global M&amp;A Report” published by Bain &amp; Co, the total M&amp;A market fell by 15% year on year last year to US$3.2 trillion, the lowest in a decade.

M&A activities hit a low in 2023, pickup expected this year

(April 24): JPMorgan Chase CEO Jamie Dimon said the U.S. economy was booming and consumer spending continued to be resilient.

The U.S. economic boom is "unbelievable," Dimon told the Economic Club of New York on Tuesday. "Even if we go into recession, the consumer's still in good shape,...

JPMorgan CEO Dimon says US economy is booming

Shares of construction and engineering contractor Crest Builder Holdings Bhd climbed on Wednesday after bagging a RM486 million condominium project in Mont Kiara.

Crest Builder rises 6% after bagging RM486m condominium project

RHB Retail Research said YBS International Bhd is set to resume its uptrend after climbing above the 80.5 sen immediate resistance, surpassing the 21-day simple moving average line.

YBS International set to resume uptrend, says RHB Retail Research 

Digital payments company Block Inc, formerly known as Square, has finished the development of its Bitcoin mining chip as chief executive Jack Dorsey continues to advocate for a more accessible and decentralised system — an effort he’s championed since 2021.

Jack Dorsey’s block finishes development of Bitcoin mining chip

Tesla&nbsp;said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle (EV) maker's strategy to combat slowing demand and falling margins.

Tesla to cut more than 6,000 jobs in Texas, California, notices show

Sunway Putra Hotel Kuala Lumpur marked the commencement of its lobby area refurbishment with a ground-breaking ceremony.

Sunway Putra Hotel KL commences refurbishment of its lobby

This was supposed to be the year that Vietnam reaped the benefits from one of its largest natural gas discoveries.

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