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News
AI-linked Asian stocks slump after top lab CEOs call for slowing down technology's development
7+ hour, 21+ min ago (412+ words) SINGAPORE (Sept 14): AI-connected stocks fell sharply in early Asian trading on Monday after the CEOs of the companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity. Anthropic CEO Dario Amodei…...
Analysts see Bermaz Auto’s 1Q beat as start of FY2027 recovery
3+ day, 9+ hour ago (446+ words) KUALA LUMPUR (Sept 11): Analysts turned bullish on Bermaz Auto (KL:BAUTO) after a rebound in 1Q earnings, prompting upgrades to reflect better-than-expected growth for FY2027. RHB Research upgraded Bermaz Auto to "buy" from "neutral", with a higher RM1.15 target price from RM1.00, implying 24% upside,…...
Buying opportunity after sell-off at breweries?
5+ day, 4+ hour ago (1400+ words) This article first appeared in The Edge Malaysia Weekly on August 31, 2026 - September 6, 2026 THE country’s two listed breweries — Heineken Malaysia Bhd (KL:HEIM) and Carlsberg Brewery Malaysia Bhd (KL:CARLSBG) — saw a sell-off of their shares this month. It started after…...
Tomei’s GoldNow Expands with New Gold Gifting, Savings Features.
3+ day, 12+ hour ago (340+ words) The latest enhancements are designed to help users accumulate and use their gold with greater purpose, whether for important goals such as performing Umrah, funding their children's education, saving for a wedding, planning future travels, or purchasing a new home,…...
Glencore’s billionaire ex-oil head Beard pleads not guilty to bribery charges
4+ day, 35+ min ago (327+ words) (Sept 10): Alex Beard, the billionaire ex-head of oil at Glencore plc, pleaded not guilty to bribery and corruption at court in London, setting up a highly anticipated trial next year. Beard and his former colleague Andy Gibson, ex-head of oil…...
Higher associate contributions, strong Mazda sales lift Bermaz Auto’s 1Q profit nearly fivefold
4+ day, 59+ min ago (273+ words) KUALA LUMPUR (Sept 10): Higher contributions from associate companies and stronger Mazda sales lifted Bermaz Auto Bhd’s (KL:BAUTO) net profit nearly fivefold in the first quarter. Net profit for the first quarter ended July 31, 2026 (1QFY2027) rose to RM40.51 million from RM8.28 million a…...
HSBC's first female CFO Pam Kaur to step down in 2027
4+ day, 1+ hour ago (162+ words) (Sept 10): HSBC chief financial officer Pam Kaur plans to step down in 2027, the latest high-profile executive departure at the Asia-focused lender. Kaur will not stand for re-election as a director at the lender's 2027 annual general meeting, the bank said on…...
Grab in talks to buy SoftBank-backed fintech firm Atome — Bloomberg
4+ day, 4+ hour ago (260+ words) (Sept 10): Grab Holdings Ltd, the biggest ride-hailing and food-delivery firm in Southeast Asia, is in talks to buy a majority stake in Singapore-based buy-now-pay-later platform Atome Financial, according to people familiar with the matter. A transaction could value the unit…...
Cover Story: Full steam ahead for KTMB’s turnaround plans
4+ day, 5+ hour ago (1684+ words) This article first appeared in The Edge Malaysia Weekly on August 31, 2026 - September 6, 2026 DATUK Azlan Shah Al Bakri is a man in a hurry. The new group CEO of Keretapi Tanah Melayu Bhd (KTMB) has given himself two years to turn…...
Tech: The economics of data centres
4+ day, 4+ hour ago (221+ words) This article first appeared in The Edge Malaysia Weekly on August 31, 2026 - September 6, 2026 ON Nov 3, Americans will vote in the midterm elections. The top issue is not US President Donald Trump, inflation and affordability, the Iran war or tariffs on trading…...