Bursa Malaysia had today issued an unusual market activity (UMA) query on the sharp rise in the share price and volume of retail and distribution management firm Macpie Bhd.

“We draw your attention to the sharp rise in price and volume of your company’s shares recently,” Bursa said.

Bursa queries Macpie on share price, volume surge

Global Oriental Bhd has teamed up with a South Korean firm to explore opportunities for the distribution of the latter’s nano bubble products in Malaysia and Singapore.

The group’s wholly-owned unit Global Nano Innovation Sdn Bhd today entered into a memorandum of understanding (MoU) with Fawoo Nanotech Co Ltd for the matter, it said in a bourse filing.

Global Oriental teams up with South Korean firm to distribute nano bubble products in Malaysia, Singapore

Based on corporate announcements and news flow today, stocks in focus on Monday (Sept 14) may include: Mesiniaga Bhd, MSM Malaysia Holdings Bhd, Rubberex Corp (M) Bhd, Axiata Group Bhd, QES Group Bhd, Dialog Group Bhd, Dagang NeXchange Bhd, RHB Bank Bhd, Genting Malaysia Bhd, MMAG Holdings Bhd, Malaysia Airports Holdings Bhd and Luster Industries Bhd

Mesiniaga, MSM, Rubberex, Axiata, QES, Dialog, DNeX, RHB, Genting, MMAG, MAHB and Luster

Luster Industries Bhd has proposed a private placement to raise between RM30.35 million and RM47.19 million for general working capital, including for the purchase of raw materials.

Luster to raise up to RM47m via private placement for manufacturing business

Dialog Group Bhd plans to raise up to RM3 billion via perpetual sukuk to fund its investments, acquisitions, debt refinancing as well as working capital requirements.

Dialog plans to raise up to RM3b via sukuk

Malaysia Airports Holdings Bhd's network of airports recorded 3.3 million passengers for August, a decline of 74.4% compared with the same month last year.

MAHB records 3.3 million passengers for August, driven by domestic segment

Affin Bank Bhd's largest shareholder, Lembaga Tabung Angkatan Tentera, has acquired 35.91 million Affin shares under the bank's dividend reinvestment plan.

LTAT acquires 36 million shares in Affin via dividend reinvestment

Based on corporate announcements and news flow today, stocks in focus tomorrow may include DRB-Hicom Bhd, Gets Global Bhd, Tasco Bhd, Top Glove Corp Bhd, Bermaz Auto Bhd, Tenaga Nasional Bhd and Radiant Globaltech Bhd.

DRB-Hicom, Gets Global, Tasco, Top Glove, Bermaz, TNB and Radiant

Malaysia has loosened its travel entry ban by allowing visit pass holders from the affected 23 countries to enter.

Malaysia loosens entry ban for visit pass holders

LOW productivity, an ageing smallholder population and uneconomic farm sizes — these are some of the major issues faced by rubber farmers, who collectively produce 95% of the country’s natural rubber, according to the Association of Bumiputera Rubber Entrepreneurs Malaysia (PUGBM).

Its ...

Cover Story: The plight of Malaysia’s rubber smallholders

Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

Approved logistics players to get diesel fleet cards amid subsidy rationalisation

PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.

No specific names discussed for Sabah PKR State Leadership Council head, says Fahmi

Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...

The Frontiers Of Growth : How to Govern the Bretton Woods Institutions Better

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

Bitcoin ‘halving’ cuts supply of new tokens in threat to miners

A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.

Philippines wants US, Japan to take over rail deal eyed by China

The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.

World Bank wins US$11b in pledges to boost lending for climate, global crises

Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.

IMF concerned about debt, fiscal challenges facing low-income countries

The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.

Ringgit likely to trade around 4.78 versus greenback next week

Attention this week will be on the March inflation rate, with the Department of Statistics Malaysia (DOSM) slated to put out Consumer Price Index (CPI) — the key gauge for inflation — data on Thursday.

Inflation edged up by a higher-than-expected 1.8% i...

The Week Ahead: Eyes on March inflation, US 1Q GDP and tech earnings

Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's (Fed) latest survey of US central bank contacts, with geopolitical troubles and the 2024 US presidential election also mentioned as "a potentially significant source of shocks".

Fed survey cites inflation, US election as key financial stability risks

Former inspector general of police Tun Mohammed Hanif Omar died at 2.15am on Saturday. He was 85.

Former IGP Tun Hanif Omar passes away

The long-awaited Energy Exchange Malaysia (Enegem) has finally been introduced, along with guidelines on cross-border electricity sales announced by the Ministry of Energy Transition and Water Transformation (Petra) last Monday for exports of green electricity from Malaysia to Singapore and Thailand.

Enegem: Malaysia edges closer to RE exports

Prime Minister Datuk Seri Anwar Ibrahim arrived in Kota Kinabalu on Friday night for a one-day working visit to the state.

Anwar's plane landed at Terminal Two, Kota Kinabalu International Airport at 11.40pm, where he was greeted by Chief Minister Datuk Seri Hajiji Noor.

Anwar arrives in Kota Kinabalu for one-day visit

Attention this week will be on the March inflation rate, with the Department of Statistics Malaysia (DOSM) slated to put out Consumer Price Index (CPI) — the key gauge for inflation — data on Thursday.

Inflation edged up by a higher-than-expected 1.8% i...

The Nasdaq and the S&amp;P 500 ended lower on Friday as Netflix shares weighed, but American Express (AmEx) kept the Dow afloat after quarterly earnings from both companies, while growing pessimism that the Federal Reserve (Fed) would cut interest rates soon also dented sentiment.

Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow

Israel's apparent strike on Iran after days of vacillation was small and appeared calibrated to dial back risks of a major war, even if the sheer fact it happened at all shattered a taboo of direct attacks that Tehran broke days earlier.

Prime Minister Benjamin Netanyahu's war cabinet had initially approved plans for a strike on Monday night inside Iranian territory to respond forcefully to last Saturday's missile and drones from Iran, but held back at the last-minute, three sources with knowledge of the situation said.

Israel's Iran attack carefully calibrated after internal splits, US pressure