The decision announced yesterday that managers and supervisors of businesses in areas under the conditional movement control order (CMCO) must work from home, while other staff can work in the office but must pass a Covid-19 test, is both discriminatory and flawed.

The Edge says: Latest work-from-home order a flawed and discriminatory decision

MUMBAI (Feb 10): It’s hard to shrug off a big mess, and that’s an awkward lesson India is learning. The latest vote of no confidence in Gautam Adani’s eponymous infrastructure empire comes from a global index provider. MSCI has cut the free-float status of four Adani stocks which will reduce...

Breakingviews: MSCI’s Adani cut signals fat tail risks for India

WITH the dissolution of Parliament, GE15 is set to be announced over the next 60 days, notwithstanding floods and festivities. The usual excitement is in the air, political parties’ flags are set to fly across the peninsular and East Malaysia.

Pitfalls & Pitch Calls: Parliament dissolved, GE15 is on

Below are excerpts of Petroliam Nasional Bhd (Petronas) chairman Tan Sri Mohd Bakke Salleh's letter to stakeholders.

Petronas chairman: Be prepared to pivot when faced with the unexpected

Media statement by Dr Ong Kian Ming, the Member of Parliament for Bangi, DAP spokesperson for international trade and industry, and a member of the Parliamentary Select Committee on Finance and the Economy, issued on June 30, 2022.

Managing the economy — Part 2: Pursuing a stronger exchange rate regime

There seems to be no ending to the Serba Dinamik Holdings Bhd saga whereby the global integrated oil and gas outfit — to the dismay of the investing fraternity and corporate governance proponents — blatantly disregarded and challenged enforcement actions by the regulators to keep an orderly market.

Is there a light — even a dim light — at the end of the tunnel for Serba Dinamik?

A multipolar nuclear regional balance will freeze the existing configuration of the Indo-Pacific, preventing its domination by any single major power. A multipolar Indo-Pacific maximises manoeuvre space for ASEAN and other small countries.

China’s strategic dilemmas

Media Statement by Dr. Ong Kian Ming, Member of Parliament for Bangi, on March 22, 2022

Comprehensive Labour Market Policy Reforms need to be introduced together with the RM1500 minimum wage

The announcement by the Prime Minister Datu...

Labour Market Policy Reforms need to be introduced together with the RM1,500 minimum wage

As a strong proponent of the anti-hopping law (AHL), I am disheartened at the Cabinet’s decision to postpone the tabling of the AHL in this parliamentary session. As I attempt to understand the Cabinet’s concerns, a few questions beg to be answered.

A recall law will settle the loyalty of frogs

First of all, I would like to express my sincere appreciation to all delegates who have attended the DAP National Congress today (Sunday, March 20) and cast their votes for me.  I am extremely grateful for the support.

Statement by Tony Pua on DAP National Congress 2022

Media statement by Dr Ong Kian Ming, the Member of Parliament for Bangi and the assistant political education director for the Democratic Action Party (DAP) on March 1, 2022:

How Russian invasion of Ukraine will affect the average M'sian and how this should shape M'sian govt response

In the near term, we think that bond investors could go overweight on Malaysian bonds to seek cover. Malaysia is the only Asian economy with a positive oil trade balance, and so would marginally benefit from higher oil prices via higher terms of trade. Yield sensitivities to US rates are also low among Asia bonds. Though foreign ownership of Malaysian Government Securities/Malaysian Government Investment Issues (MGS/MGIIs) is high (20+%), a significant portion of foreign holdings is held by foreign central banks and governments, which is expected to be more sticky and less susceptible to swings in global risk sentiments. We think that Malaysian bonds offer the best profile to ride out the Russia-Ukraine conflict.

DBS thinks Malaysian bonds offer best profile to ride out Russia-Ukraine conflict

Following the Asian financial crisis of 1997, competition law was passed as legislation within the top ASEAN economies in the first half of the past two decades. In Malaysia, the Competition Act 2010 came into force in 2012, with the Malaysia Competition Commission (MyCC) tasked by Parliament with implementing and enforcing competition law. The MyCC plays the important role of not only enforcing competition law, but in public advocacy and education of this piece of legislation to the Malaysian public in appreciating the benefits of competition against the restraints of past industrial practices of direct dealings and monopolistic "state champions".

A missed opportunity of a judicial review for Malaysia Competition Commission

The Malaysian Bar is perturbed by the recent events that have unfolded regarding the Malaysian Anti-Corruption Commission (MACC) and its leaders. Allegations have surfaced about MACC chief commissioner Tan Sri Azam Baki's alleged extensive ownership of shares in a public listed company and that his share trading account was used by his brother to trade in shares. On Jan 5, 2022, MACC Anti-Corruption Advisory Board (ACAB) chairman Tan Sri Abu Zahar Ujang stated during a press conference that the ACAB had absolved Azam of any wrongdoing.

Malaysian Bar president weighs in on allegations concerning MACC transparency

Maxis Bhd could work with another consortium partner to lower the cost of deploying the second 5G network, even after the recapitalisation of Digital Nasional Bhd (DNB), said RHB Research in a note on Friday.

Maxis could lead second 5G network rollout with new consortium partner, says RHB Research

KUALA LUMPUR (April 25): Malaysia requires an annual allocation of at least RM10 billion for the next three years, which is crucial to boost water infrastructure amid below-cost tariffs and high wastage, the National Water Services Commission (SPAN) said on Thursday.

Malaysia needs RM10 bil each year till 2026 to upgrade water infrastructure — SPAN

SINGAPORE (April 26): The yen was parked by a 34-year low on the dollar and decade lows on other crosses ahead of a Bank of Japan meeting where interest rates are expected to stay low, while the dollar dipped elsewhere on softer-than-expected U.S. growth data.

The euro rose 0.3% overnig...

Yen at its weakest in decades as BOJ meets

Kiribati's parliament has voted to remove Australian-born High Court Judge David Lambourne, who said on Friday the move was politically motivated and an attack on the independence of the Pacific Island nation's judiciary.

Kiribati parliament votes to remove Australian-born high court judge

Large-scale land and forest fires regularly impact 30 million to 50 million hectares of land in Southeast Asia. These fires can generate smoke clouds covering hundreds of millions of hectares for months at a time, resulting in transboundary smoke haze that has severely impacted parts of all 10 As...

Climate And Environmental Governance: Stopping fires and transboundary haze in Southeast Asia

BEIJING (April 25): The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen.

China’s upstart electric brands, and even its state-owned, legacy automakers, are racing to pack tech...

Battle for 'tech luxury' in China as EVs get smarter - and cheaper

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) has signed a memorandum of understanding (MOU) with Beijing Zhongguancun Science City Innovation Development Co Ltd to collaborate on several strategic initiatives aimed at fostering significant advancements in technology and innovation.

MRANTI inks deal with Beijing Zhongguancun Science City to explore strategic collaboration areas

Property values in London's Canary Wharf financial district fell by €1.2 billion (US$1.5 billion) over the past year, led by a decline in the value of its office buildings, the landlord said in annual results published on Thursday.

London's Canary Wharf sees US$1.5 bil slashed from property values

Top Amazon.com Inc executives including founder Jeff Bezos and chief executive officer Andy Jassy destroyed text messages discussing business, the Federal Trade Commission (FTC) alleged, erasing evidence the agency could have used in its antitrust case against the retail giant.

Amazon’s Bezos, Jassy deleted chats amid FTC antitrust probe

European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record US$8.8 billion (RM42.03 billion) in net withdrawals from the products in the US.

Record US$8.8 bil pulled from US sustainable funds in 1Q

Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:

AirAsia X, Capital A, ViTrox, PavREIT, Luxchem, Chin Teck, MKHOP, TAS Offshore, Inta Bina, Heineken, Pantech and Infoline Tec 

Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected US economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms.

Wall Street stocks fall as weak GDP growth spreads rate-cut gloom

Mercury Securities Sdn Bhd has valued ACE Market-bound Sin-Kung Logistics Bhd at 14 sen based on a 14 times financial year 2025 (FY2025) earnings per share forecast of one sen.

Mercury Securities values ACE Market-bound Sin-Kung Logistics at 14 sen

The Securities Commission Malaysia (SC) has updated its Investor Alert List.

SC adds four entities to Investor Alert List, two being potential clones

Harvey Weinstein's 2020 conviction for sexual assault and rape was overturned by New York's highest court, reopening the landmark case that fuelled the #MeToo movement and highlighting the challenges of holding powerful men accountable.

Harvey Weinstein's rape conviction overturned by top New York court

EUPE Corp Bhd's net profit surged by 28.9% to RM14.54 million in the fourth quarter ended Feb 29, 2024 (4QFY2024) from RM11.28 million a year ago, underpinned by a higher contribution from the property development division.

EUPE Corp net profit surges 28.9% in 4Q, driven by strong property sales

Shares of ViTrox Corp Bhd are headed for its worst day in 18 months as first-quarter (1Q) results disappointed investors while analysts turned increasingly cautious on the semiconductor company’s near-term prospects.

Vitrox shares on pace for worst day in 18 months as 1Q disappoints

RHB Retail Research said YTL Corp Bhd is eyeing to extend the upside movement after it staged a bullish breakout.

YTL Corp eyeing to extend upside movement, says RHB Retail Research 

Hulu Selangor Bersatu action division head has been named as Perikatan Nasional's (PN) candidate for the Kuala Kubu Baharu (KKB) state by-election on May 11.

PN names Hulu Selangor Bersatu acting division head as candidate for KKB by-election

RHB Retail Research said VS Industry Bhd is poised to continue the bullish trajectory after it broke past the key resistance on high volume.

VS Industry poised to continue bullish trajectory, says RHB Retail Research 

The Tesla Inc shareholder who won a court order in Delaware killing co-founder Elon Musk’s US$56 billion (RM267.54 billion) pay package is premature in asking the judge to bar the billionaire from moving the executive-compensation dispute to Texas, the car company’s lawyers argue.

Tesla fires back at investor who doesn’t want pay fight in Texas

Former president Donald Trump’s economic advisers are considering ways to actively stop nations from shifting away from using the dollar — an effort to counter budding moves among key emerging markets to reduce exposure to the US currency, according to people familiar with the matter.

Trump advisers discuss penalties for nations that move away from the dollar

European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record US$8.8 billion (RM42.03 billion) in net withdrawals from the products in the US.

Alphabet announced its first-ever dividend on Thursday and a US$70 billion (RM334.43 billion) stock buyback, cheering investors who sent the stock surging nearly 16% after the bell.

Google parent Alphabet announces first-ever dividend, shares soar

Asian shares rose cautiously on Friday as markets sobered up to the idea that US rate cuts were most likely some time away, while the yen and Japanese government bonds struggled ahead of a closely watched policy decision by the Bank of Japan (BOJ).

Asia stocks, yen tentative with eyes on BOJ decision

China is preparing a United Nations General Assembly resolution that it says is intended to help close gaps between rich and developing countries in the advance of artificial intelligence (AI), an initiative that follows an extensive and ambitious campaign by the US, its biggest AI competitor.

China prepares UN resolution to tap AI for good

Foreign states are using UK universities to “steal advantage” by covertly acquiring British intellectual property, the government warned, saying it would explore proposals to protect cutting-edge research and technology.

UK warns universities about research threat from foreign states

One fixture lurking like a troll in Arsenal's Premier League title run-in has probably consumed the thoughts of the club's fans more than any other — Sunday's short trip to arch-rivals Tottenham Hotspur.

Arsenal face derby test with title up for grabs

The Federal Communications Commission (FCC) said on Thursday it is ordering the US units of China Telecom, China Unicom and China Mobile to discontinue fixed or mobile broadband internet operations in the US.

Agency bars Chinese telecom carriers from offering US broadband services

Intel forecast second-quarter revenue and profit below market estimates on Thursday, sending its shares tumbling roughly 8% as it faces weak demand for its traditional data centre and PC chips and trails in the surging market for artificial intelligence (AI) components.

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