News
Stocks skid in Asia, bonds buckle as oil climbs
8+ hour, 42+ min ago (908+ words) SYDNEY: Asian share markets were on the skids on Monday as fresh drone attacks in the Gulf shoved oil prices and bond yields higher, while the AI boom is set to be tested by earnings from Nvidia this week. A…...
MKH addresses UMA query, denies corporate exercise plans
1+ hour, 46+ min ago (270+ words) KUALA LUMPUR: MKH Bhd has clarified that its major shareholder, Chen Choy & Sons Realty Sdn Bhd, is periodically engaged in discussions with external parties, although no definitive agreement or transaction has been reached at this stage. The clarification was made…...
Strong ecosystem, semiconductor demand to sustain Malaysia's growth momentum, says Amir Hamzah
36+ min ago (628+ words) GEORGE TOWN: Malaysia's resilient investment ecosystem, robust domestic spending and continued expansion in the semiconductor and artificial intelligence (AI) industries are expected to sustain the country's growth momentum this year, Finance Minister II Datuk Seri Amir Hamzah Azizan said. Expressing…...
The Week Ahead: Malaysia's April inflation and trade data in focus
7+ hour, 28+ min ago (339+ words) This article first appeared in The Edge Malaysia Weekly on May 18, 2026 - May 24, 2026 On May 20, April trade will be released, and UOB projects exports at 9% y-o-y while Bloomberg's estimates are higher at 11% y-o-y, from 8. 3% in March. For imports, UOB estimates -2. 5% and…...
Kenanga initiates coverage on Skye Chip with
1+ hour, 47+ min ago (351+ words) KUALA LUMPUR: Kenanga Research has initiated coverage on Skye Chip Bhd with an "Outperform" rating and a target price of RM2, more than double the company's initial public offering (IPO) price of 88 sen. It said the valuation is justified, as Skye…...
Ringgit opens slightly higher against US$ amid cautious market sentiment
7+ hour, 42+ min ago (132+ words) KLSE Screener Ringgit opens slightly higher against US$ amid cautious market sentiment KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on Monday although cautious sentiment persisted amid escalating geopolitical tensions in West Asia. At 8 am, the local…...
Skye Chip gets RM2 target from Kenanga in most bullish call, more than double IPO price ahead of listing
4+ hour, 26+ min ago (685+ words) KUALA LUMPUR (May 18): Kenanga Research has initiated coverage on Main Market-bound Skye Chip Bhd with an "outperform" call and a target price of RM2. 00, more than double the semiconductor design firm's initial public offering (IPO) price of 88 sen. This is the…...
GX Bank, CGC Digital to offer credit access up to RM150, 000 to MSMES
1+ hour, 35+ min ago (295+ words) KUALA LUMPUR (May 18): Digital bank GX Bank Bhd and CGC Digital have formed a strategic collaboration to offer micro, small and medium enterprises (MSMEs) digital guarantees for credit access of up to RM150, 000." CGC Digital is the financial technology (fintech) arm…...
Frankly Speaking: YTL Corp's next move closely watched
4+ hour, 1+ min ago (308+ words) This article first appeared in The Edge Malaysia Weekly on May 18, 2026 - May 24, 2026 YTL Cement Bhd, a subsidiary of YTL Corp Bhd (KL: YTL), has raised its stake in Concrete Engineering Products Bhd (KL: CEPCO) to 70. 22% from 53. 49% previously, following the closing…...
Mapping Malaysia's structural shift in ageing preparedness
5+ hour, 5+ min ago (1427+ words) This article first appeared in The Edge Malaysia Weekly on May 18, 2026 - May 24, 2026 As Malaysia hurtles towards aged nation status, the government is shifting its gaze from social welfare to structural reform. Central to this transition is the National Ageing Blueprint…...