ON Thursday, my portfolio declined while the broader market picked up.

The portfolio value went down by 0.74% to RM 109,306.48 while the FBM KLCI increased by 0.16%.

Total returns for the portfolio decreased from 10.1% to 9.3%.

The portfolio started on...

Tong Kooi Ong's Portfolio

ON Wednesday, my portfolio performed well while the broader market fell.

The portfolio value went up by 1.67% to RM110,124.31 while the FBM KLCI decreased by  0.01%.

Total returns for the portfolio increased from 8.3% to 10.1%.

The portfolio start...

Tong Kooi Ong's Portfolio 

MY portfolio declined yesterday,  while the broader market gained momentum.

MY portfolio ended the first trading day of the month with a slightly decreased position as compared to 29th August.

MY portfolio lost traction yesterday, in line with the drop in the broader market.

MY portfolio registered a good performance last Friday, although the market was subdued.

Microsoft on Tuesday announced a cost-effective, small language artificial intelligence model that can perform tasks such as content creation and create social media posts while using smaller amounts of data.

Microsoft introduces smaller AI model

Chinese bubble tea maker Sichuan Baicha Baidao Industrial Co plunged more than 38% in its trading debut in Hong Kong, the latest setback for the city as it attempts to revive its moribund financial markets.

Bubble tea maker Chabaidao slumps 38% in HK’s biggest debut this year

ATX Semiconductor Group, a globally renowned semiconductor provider from China, intends to ramp up investment to US$200 million (RM952 million) for its new manufacturing plant in Melaka over the next five years for its second-phase business expansion.

ATX Semiconductor to boost investment in Melaka to RM952m

Pavel Durov, billionaire founder and CEO of Telegram, said Apple's move last week to remove the chat app from its China app store had not caused any decrease in downloads from China and criticised Apple instead for its "walled garden" app policies.

Telegram founder says China downloads have not fallen since Apple move

German police have arrested an assistant to a European Parliament member on suspicion of "an especially severe case" of espionage for China, prosecutors said on Tuesday, appearing to refer to a staffer for the far-right Alternative for Germany.

Germany arrests EU parliamentary staffer on China spying charges

KUALA LUMPUR (April 23): Penang International Airport (PIA) saw a 5% month-on-month (m-o-m) rise in international travellers during the non-peak month of March 2024, according to Malaysia Airports Holdings Bhd (MAHB).

Penang International Airport saw 5% rise international arrivals in March, says MAHB

Cypark Resources Bhd said on Tuesday that its 100MW Large Scale Solar 3 (LSS3) hybrid solar plant project in Merchang, Terengganu, will transition to full commercial operations by next month.

In a statement, the group said the plant consists of 83MWac (megawatt, alternating current) ground-mounted solar photovoltaics and 32MWac floating solar photovoltaics.

Cypark's LSS3 solar plant in Terengganu set for commercial operations next month

British sportswear and sneaker retailer JD Sports Fashion Plc agreed to buy Hibbett Inc for about US$1.1 billion (RM5.2 billion) to speed up its US expansion.

JD Sports to buy Hibbett for US$1.1b to fuel US growth

NINJA Logistics Sdn Bhd (Ninja Van Malaysia) was one of the private venture-backed start-ups that burst onto the last-mile delivery scene and disrupted the long-standing business model of incumbent delivery companies with technologies that deliver products faster, cheaper and more efficiently tha...

Ninja Van Malaysia takes pole position with record growth pace

Crypto exchanges are eating into Binance’s share of bitcoin trading outside the US as overseas expansion efforts and changing regulations reshape the competitive dynamics of the digital-asset industry.

Binance’s rivals muscle in on bitcoin trading around the world

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 23)

Ten members of the Royal Malaysian Navy (RMN) were confirmed dead in an incident where two helicopters collided and crashed at the Royal Malaysian Navy (RMN) base in Lumut, Perak on Tuesday morning.

Two helicopters crash in Lumut, 10 confirmed killed — RMN

Shares of Topmix Bhd surged 32% in its trading debut on Tuesday after the surface decorative products company’s initial public offering (IPO) on the ACE Market raised RM31.7 million.

Topmix surges 32% on ACE Market debut

Healthcare stocks still have legs to run following the recent rally and investors should continue to buy hospital operators for their further earnings growth this year, analysts said.

KPJ near record high, IHH surges as analysts bet on more upside

Brazil's government said on Monday that four additional poultry plants have been cleared to sell halal products to Malaysia, a move it hopes will allow exports to the Asian country to double when compared to last year's levels.

Brazil says Malaysia clears four more halal poultry plants for export

Eight contractors face possible Malaysia Competition Commission (MyCC) fines for alleged bid rigging in 2019, in respect of two tenders of the Public Works Department (JKR) and one tender of the Department of Drainage and Irrigation.

Eight contractors face possible MyCC fines for bid rigging in tenders worth RM473m

Malaysia’s construction tender prices are&nbsp;expected to grow by 3% in 2024, compared to the previous year, driven by various factors such as project type, industry procurement strategy and currency fluctuations, according to a report by global professional services company Turner &amp; Townsend.

Malaysia’s construction tender prices to grow by 3% in 2024, says Turner & Townsend

Former Umno Supreme Council member Hizatul Isham Abdul Jalil or better known as Isham Jalil has offered to make an unreserved apology to bring an end to his contempt of court proceedings.

Ex-Umno leader ready to apologise in contempt of court case

Indonesian President Joko Widodo and his son, incoming vice-president Gibran Rakabuming Raka, are no longer members of the country's largest party after they backed rival candidate and election winner Prabowo Subianto, a party official said on Tuesday.

Indonesia's biggest party confirms President Jokowi no longer a member after backing Prabowo

Asian shares extended gains on Tuesday, taking cues from Wall Street as investors' focus shifts to earnings reports from US tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows.

Asian shares extend gains ahead of tech earnings, yen fragile

Swatch Group (M) Sdn Bhd&nbsp;said the seizure of its 172 rainbow-themed watches had caused much grief to its international reputation, as the renowned Swiss watch maker had always been dutiful citizens of any state where the watches were sold.

Swatch says advocating compassion for LGBTQ is not a crime, seizure illegal

Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence (AI) chips through resellers, despite the US widening a ban last year on the sale of such technology to China.

China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

Datin Seri Rosmah Mansor's appeal against her guilty conviction and sentence over all three counts of graft pertaining to the RM1.25 billion solar hybrid project for 369 rural schools in Sarawak will be heard in October.

October hearing for Rosmah's appeal in solar project graft trial

Hong Leong Investment Bank (HLIB) has a “trading buy” rating on SDS Group Bhd and said with 33 of its F&amp;B outlets situated across Johor state, and a wholesale segment that is focusing in this region, SDS appears strategically positioned to leverage the burgeoning vibrancy in Johor, propelled further by the continuous influx of visitors from Singapore.

SDS strategically positioned to leverage burgeoning vibrancy in Johor, says HLIB 

Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is still in the pre-qualification stage for the acquisition of national carrier SriLankan Airlines.&nbsp;

However, AirAsia Consulting has yet to submit any price bid since due diligence has not been carried out, its chief executive officer Subashini Silvadas told The Edge on Tuesday.

Capital A’s unit in RFQ process for SriLankan Airlines, no price bid yet

Malton Bhd has unveiled the final tower (Block B) of River Park, following the successful launch of its previous Tower A and Tower C blocks with more than 70% take-up rate.

Malton unveils River Park's final tower

Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s better performance overnight, as sentiment improves after Iran said it will not escalate the conflict with Israel, said an analyst.

Bursa up in early trade, tracking Wall Street overnight

ATX Semiconductor Group, a globally renowned semiconductor provider from China, intends to ramp up investment to US$200 million (RM952 million) for its new manufacturing plant in Melaka over the next five years for its second-phase business expansion.

The two helicopters which collided and crashed at the Royal Malaysian Navy (RMN) Base were undergoing a rehearsal for the third time in conjunction with RMN Fleet Open Day celebration scheduled on Saturday (April 27).

RMN helicopters involved in third rehearsal before incident — Khaled Nordin

Rakuten Trade has a “buy” rating on ACE Market-bound surface decorative products company Topmix Bhd at an initial public offering (IPO) price of 31 sen, with a fair value of 40 sen based on financial year 2024 (FY2024) forecast price-earnings (PE) of 15x, in line with industry peers.

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