Shares of Top Glove Corp Bhd fell as much as 24 sen or 4.7% today, after the group priced US$200 million (about RM814 million) in principal amount of exchangeable bonds yesterday.

Top Glove shares fall 4.7% after pricing US$200m exchangeable bonds

Fitch Ratings has affirmed Malaysia's long-term foreign-currency issuer default rating or IDR at 'A-', which reflects higher growth rates than its peer median and a net external creditor position that is supported by steady current account surpluses and large external assets.

Fitch affirms Malaysia's 'A-' rating, with outlook kept at stable

KUALA LUMPUR: Ahmad Zaki Resources Bhd’s (AZRB) wholly-owned subsidiary has secured RM150.5 million worth of projects including the proposed refurbishment and upgrading of Petronas office and operation complexes in Kertih, Terengganu.

In a statement to Bursa Malaysia, AZRB said Ahmad Za...

AZRB unit wins RM150.5m worth of Petronas jobs in Kertih

Ahmad Zaki Resources Bhd's (AZRB) wholly-owned subsidiary Ahmad Zaki Sdn Bhd has secured RM150.5 million worth of projects, which include the proposed refurbishment and upgrading of Petronas office and operation complexes in Kertih, Terengganu.

AZRB subsidiary bags RM150.5m worth of Petronas jobs in Kertih

CIMB Research said today it raised its KPJ Healthcare Bhd share target price to RM1.28 from RM1.27 after the hospital operator reported full-year core net profit which was in line with expectation.

CIMB ups KPJ target price, says FY18 profit in line with expectation

KUALA LUMPUR: After a decline last year, global sovereign and supranational sukuk issuance is expected to recover in 2019 and surpass its record high by 2020 — if not sooner — should oil prices remain moderate, said Moody’s Investors Service in a report yesterday.

Global gross sovereign...

Global sovereign sukuk issuance to recover in 2019 — Moody’s

After a decline last year, global sovereign and supranational sukuk issuance will recover in 2019 and surpass its record-high volumes by 2020 — and possibly sooner — if oil prices remain moderate, Moody's Investors Service said today.

Global sovereign sukuk issuance to recover in 2019, says Moody's

Media Prima Television Networks' (MPTN) combined audience share for its four channels — TV3, ntv7, 8TV, and TV9 — increased from 34% to 37% in January 2019 after TV3 and 8TV viewership rose in recent years, Media Prima Bhd said today, quoting research company Nielsen.

Media Prima Television Networks audience share up at 37% in Jan 2019

KUALA LUMPUR (Feb 15): BMW Credit (Malaysia) Sdn Bhd and BMW Lease (Malaysia) Sdn Bhd (BMW Group Financial Services Malaysia) have introduced a flexible financing solution called Easy Drive for BMW customers.

“We are always working towards identifying new trends early and translating th...

BMW offers customers flexible financing solution

Former Goldman Sachs banker Roger Ng Chong Hwa, who is facing charges linked to 1Malaysia Development Bhd (1MDB) in the US and Malaysia, has decided not to challenge the US Department of Justice's (DoJ) application for him to be extradited to the US.

Ex-Goldman banker Roger Ng asks to be extradited after agreeing to DoJ bail terms

The Kuala Kubu Baharu (KKB) state by-election will see a four-cornered fight between the candidates of Pakatan Harapan (PH), Perikatan Nasional (PN), Parti Rakyat Malaysia (PRM), and an independent.

A four-way bout in Kuala Kubu Baharu by-election

China's industrial profits posted smaller gains for the first quarter compared to the first two months, official data showed on Saturday, adding to evidence of an uneven recovery for the world's second-biggest economy.

China's first-quarter industrial profits rise at slower pace

Last December, the European Union set a global precedent by finalizing the Artificial Intelligence Act, one of the world’s most comprehensive sets of AI rules. Europe’s landmark legislation could signal a broader trend toward more responsive AI policies. But while regulation is necessary, it is i...

The Visible Hand: Governments must shape AI’s future

Singapore will introduce a new law this year that will help so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.

Singapore plans law to support gig workers’ retirement needs

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

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?

The Kuala Kubu Baharu (KKB) state by-election will see a four-cornered fight between the candidates of Pakatan Harapan (PH), Perikatan Nasional (PN), Parti Rakyat Malaysia (PRM), and an independent.

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).

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

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).

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.

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.

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.

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.

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

Singapore will introduce a new law this year that will help so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.

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.

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.

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;

Apple intensifies talks with OpenAI for iPhone generative AI features

China's industrial profits posted smaller gains for the first quarter compared to the first two months, official data showed on Saturday, adding to evidence of an uneven recovery for the world's second-biggest economy.

Samuel Lim

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Samuel Lim

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