LONDON (March 10): After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality for the global economy — or instead take investors into a whole new round of uncertainty.

On the face of it, Wednesday's expected interest rate h...

Crunch week as Fed meets on rates, Trump team joins G20

LONDON (March 17): Americans angry with their lot elected the anti-establishment Donald Trump despite a US economy running at an annual rate of around 3.5% and unemployment at a meagre 4.6%.

Britons believing they were being left hanging voted to leave the wealthy European Union trading...

Three votes down — now for the French

DUBLIN (March 24): The nine-month Brexit "phoney war" is set to come to an end next week when British Prime Minister Theresa May notifies the European Union of Britain's intention to leave, starting two years of unprecedented negotiations.

May will send a letter to European Co...

Britain to fire starting gun on Brexit talks

FRANKFURT (March 6): Two of the world's biggest central banks are likely to find themselves with a bigger policy gap by the end of the coming fortnight

The European Central Bank on Thursday will resist calls to start tightening policy against surging inflation but robust US jobs data on...

Fed and ECB go their separate ways

LONDON (Jan 13): European Central Bank officials are unlikely to make any change in policy on Thursday, while data from the United States will help the Federal Reserve decide whether to immediately follow December's rate increase with another.

Recent data from the euro zone suggests the...

ECB to hold steady, Trump takes office

LONDON (Oct 30): Several of the world's top central banks will meet in the coming week, but only one, the US Federal Reserve, is set to start a final countdown on the second most anticipated event of the year after the Presidential Election.

Fed Chair Janet Yellen and the rest of the Fe...

Warmup begins for the Great US Rate Hike of 2016

FRANKFURT (Nov 2): US jobs data due in the coming week may hold the key to whether the Federal Reserve will raise interest rates for the first time since 2006 in December, signalling its intention to end an era of almost-free dollars.

An increase in Fed rates would have conseq...

US jobs data to hold key to Fed's rate plans

The euro zone's struggle to avoid another recession will take centre stage in the coming week in the absence of major U.S. data, as investors mull whether the ECB's new asset-buying plan is a prelude to even more radical steps.

Searching for growth in Europe, clarity in China

(May 3): Apple's AAPL.O quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up almost 7% in extended trade.

Apple increas...

Apple unveils record $110 billion buyback as results beat low expectations

Ankara (May 3) : Turkey stopped all exports and imports to and from Israel as of Thursday, the Turkish trade ministry said, citing a "worsening humanitarian tragedy" in the Palestinian territories.

"Export and import transactions related to Israel have been stopped, covering all pr...

Turkey halts all trade with Israel, cites worsening Palestinian situation

(May 3): Fresh data on the Federal Reserve’s various accounts hints at two potential ways Japanese policy makers may have funded currency interventions this past week to bolster the beleaguered yen. 

One source may have been a Fed facility where central banks stash overnight c...

Market hunts for signs of Japan Yen intervention in Fed accounts

(May 3): The rally in tech heavyweights extended into late hours after better-than-estimated results from Apple Inc., with the iPhone maker also raising its dividend and announcing plans to buy back more stock.

A $250 billion exchange-traded fund tracking the Nasdaq 100 powered hig...

Tech jumps in late hours on Apple’s solid outlook

Wall Street's main indexes advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and signaled a dovish tilt, with focus moving to a crucial job report later in the week.

While Fed Chair Jerome Powell indicated that stubbornly high inflation would see a long-expected US rate cut pushed back, he refused to entertain talk that rates might actually need to go up again.

Wall Street gains on Fed's dovish signals

The presence of and commitment shown by the Unity Government party machinery campaigning in the Kuala Kubu Baharu (KKB) state by-election to ensure victory for its candidate is clear proof of the government's integrity.

KKB polls: Presence of party machinery is proof of Unity Government's togetherness — Zambry

Technical and Vocational Education and Training (TVET) programmes are set to be enhanced to address the shortage of 30,000 engineers in the country, said Prime Minister Datuk Seri Anwar Ibrahim.

He also emphasised the importance of focusing on Artificial Intelligence (AI) technology to keep pace with current demands.

TVET in Malaysia to be enhanced to address shortage of 30,000 engineers — PM

KUALA LUMPUR (May 2): Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:

Yinson Holdings Bhd has closed the limited recourse term loan facility of up to US$1.3 billion (RM6.2 billion) for the financing of its Ago...

Yinson, Protasco, LCTitan, Westports, UOA REIT, Frontken, Pasukhas, BHIC, JAKS, Epicon, Sarawak Cable, Annum, Aldrich, Ajinomoto, Ageson and SMI

Ageson Bhd said Virdos Lima Consultancy (M) Sdn Bhd (VL Consultancy) is in the final stage of completing its independent assessment report on the matters raised by its external auditor in its financial statements for the 18-month financial period ended Dec 31, 2022 (FPE2022).

Ageson says independent review of audit issues raised by its auditor now in final stages

The Penang government plans to hold a workshop with stakeholders to finalise the Penang Mutiara Line Light Rail Transit (LRT) Project following minor amendments to the original plan.

Chief Minister Chow Kon Yeow said the workshop is expected to be held within a week or two so that further work involving the transformative infrastructure project can be carried out.

Penang to hold workshop with stakeholders to finalise Mutiara Line LRT alignment

DBS Group Holdings Ltd was hit by renewed disruptions to its Internet banking and payment services in Singapore on Thursday, days after a six-month ban by the island’s central bank over similar glitches ended.

Singapore DBS’ digital services hit days after MAS ban ends

Construction outfit and bus operator Epicon Bhd will exit Practice Note 17 (PN17) status on Friday following the completion of its regularisation plan.

Epicon, formerly Konsortium Transnasional, exits PN17 status

Ajinomoto (M) Bhd’s RM2.12 special dividend announced in July last year in conjunction with a land disposal exercise will go ex on May 15.

Ajinomoto’s special dividend of RM2.12 goes ex on May 15

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EVENING 5: Five things you need to know today

Lotte Chemical Titan Holdings Bhd (LCTitan) logged a net loss of RM178.03 million in the first quarter ended March 31, 2024 (1QFY2024), making the group's eighth straight loss-making quarter.

LCTitan posts 8th straight quarterly loss ahead of planned plant turnaround

JAKS Resources Bhd's unit has signed a memorandum of understanding (MOU) with China-based CALB Group Co Ltd to explore opportunities in the battery energy storage system (BESS) market, with a particular focus on the Southeast Asia region.

JAKS partners CALB to tap into SE Asia's battery energy storage systems market

KUALA LUMPUR (May 2): Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:

Yinson Holdings Bhd has closed the limited recourse term loan facility of up to US$1.3 billion (RM6.2 billion) for the financing of its Ago...

Sarawak Cable Bhd (SCB) has once again obtained a time extension to submit its Practice Note 17 (PN17) regularisation plan from Bursa Malaysia.

The deadline has now been extended by another six months to Sept 30 from March 31, its bourse filing on Thursday showed. The original deadline was Nov 1, 2023.

Sarawak Cable gets another time extension to submit PN17 exit plan

Loss-making Annum Bhd said on Thursday it has received a show-cause notice from Bursa Malaysia over the company's failure to issue its annual report for the financial period ended June 30, 2023 (FY2023), which was due on Oct 31, 2023.

Annum still fails to issue annual report after landing auditor following 31 rejections; hit by Bursa show-cause notice

Former attorney general Tan Sri Mohamed Apandi Ali's special officer could have won her defamation suit against Sarawak Report editor Clare Rewcastle-Brown, if not for a technicality — that all court pleadings must be filed in Bahasa Melayu, according to the High Court judicial commissioner who presided over the case.

Court says Apandi's former aide could have won defamation suit against Sarawak Report editor if not for a technicality

A former Hong Kong-based Societe Generale SA (SocGen) trader claimed he was fired and said the French lender should share the blame for failing to detect his wagers.

Ex-SocGen trader says he was fired after bank failed to detect his bets

Datuk Seri Anwar Ibrahim on Thursday reprimanded the Immigration Department over congestion issues at the country’s borders, particularly in airports.

Describing the rebuke as akin to "parental love" to improve congestion issues at counters handling entry of tourists, the prime minister said tourists would not accept excuses for delays, and hoped the issue could be dealt with effectively.

PM rebukes Immigration Dept over tourist entry congestion

Hong Kong's securities regulator started an insider dealing prosecution against hedge fund Segantii Capital Management, its founder and a former trader, the watchdog said on Thursday.

The Hong Kong Securities and Futures Commission (SFC) said it had started criminal proceedings against Segantii, its founder and chief investment officer Simon Sadler, and former trader Daniel La Rocca for insider dealing in the shares of a Hong Kong-listed company prior to a block trade in June 2017.

Insider dealing charges brought against Segantii and its founder in Hong Kong

Chinese President Xi Jinping heads to Europe for the first time in five years next week in a visit that may lay bare European divisions over trade with Beijing and how the continent positions itself as a pole between the United States and China.

Xi's trip to Europe may lay bare West's divisions over China strategy

Boustead Heavy Industries Corp Bhd (BHIC), which is 64.99%-indirectly owned by the Armed Forces Fund Board (LTAT), has secured a contract worth RM43.6 million from the Ministry of Defence for the in-service support for its Royal Malaysian Navy Prime Minister Class submarines.

BHIC secures RM43 mil contract for navy submarine in-service support

Aldrich Resources Bhd said it is reconsidering an earlier plan to diversify into dolomite and gold mining, and has suspended these operations for the time being.

Aldrich Resources suspends mining venture after one year

Prime Minister Datuk Seri Anwar Ibrahim held a closed-door meeting on Thursday with Kelantan Menteri Besar Datuk Mohd Nassuruddin Daud regarding the development of the state.

It is understood that the briefing on this matter was delivered by Mohd Nassuruddin

Anwar holds closed-door meeting with Kelantan MB

South Malaysia Industries Bhd (SMI) has appointed Leow Thang Fong as its new chief executive officer, effective May 1, two months after a group of shareholders rejected him from being re-elected executive director at its annual general meeting (AGM).

SMI makes Leow Thang Fong CEO after his reappointment as ED rejected at AGM

The number of Americans filing new claims for unemployment benefits held steady at lower levels last week as the labour market remains fairly tight.

Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 208,000 for the week ended April 27, the Labor Department said on Thursday.

US weekly jobless claims unchanged; layoffs decline in April

The Federal Government agrees with the Kelantan government's proposal to extend the runway at the Sultan Ismail Petra Airport by 400 metres for it to become an international airport.

Prime Minister Datuk Seri Anwar Ibrahim said he had asked Transport Minister Anthony Loke Siew Fook to expedite the ongoing construction of the airport.

Global Economy Weekahead

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Global Economy Weekahead

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