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This article first appeared as 'Food prices have come down, says minister' in The Edge Malaysia Weekly, on August 5, 2019 - August 11, 2019.
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WHEN Abim, the Muslim Youth Movement of Malaysia, joined Bersih, the Coalition for Clean and Fair Elections, in calling for the prime minister to put in place a clear transition plan for Datuk Seri An...
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WASHINGTON, Aug 24 ― US President Donald Trump sharply criticised Federal Reserve Chairman Jerome Powell yesterday and said he wouldn't try to stop the chief US central banker if he offered to resig...
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WASHINGTON, Aug 24 ― US President Donald Trump yesterday reiterated criticism of a French proposal to levy a tax aimed at big US technology companies and threatened again to retaliate by taxing Fren...
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Among the many people who have tried to change the world, you will find inventors, scientists, philosophers, humanitarians and the odd psychopath.
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IS the world turning upside down or is it real? Early this month, Denmark’s third largest bank, Jyske Bank, set the lending rate for mortgages at an unbelievable interest...
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WITH the current global economic uncertainties and sluggish Malaysian property market, real estate investment trusts (REITS) have become a favoured...
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KUALA LUMPUR (Aug 24): A short year since the first change in government gave the people hope for a resetting of the national direction, grave doubts about the pace of scope of reforms are clouding th...
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CHICAGO, Aug 24 ― Win Cramer thought his company was out of the firing line in the escalating Sino-US trade war after his “Made-in-China” wireless headphones, speakers and earbuds were taken off...
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KUALA LUMPUR, Aug 24 ― The ringgit is expected to remain stuck in a tight range as the market seeks more direction from key US economic data expected to be released next week.
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WASHINGTON, Aug 24 ― Hours after China announced retaliatory tariffs on US goods yesterday, President Donald Trump ordered US companies to “start looking for an alternative to China, including bri...
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TOKYO, Aug 24 ― The United States and Japan have reached the broad framework of a trade agreement, with Washington maintaining tariffs on Japanese autos but Tokyo cutting tariffs on US beef and pork...
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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to decline next week on profit-taking activities.
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Conventional economic theory presumes that when interest rates are brought down, households will tend to borrow more and spend on houses, cars and themselves...
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WASHINGTON, Aug 24 ― The world's two largest economies, China and the United States, yesterday exchanged blows in the latest escalation in their trade war that has roiled supply chains and whipsawed...
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JACKSON HOLE (Wyoming), Aug 24 ― Bank of England Governor Mark Carney took aim at the US dollar's “destabilising” role in the world economy yesterday and said central banks might need to join to...
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PARIS, Aug 24 ― Leaders of the G7 nations arrive in France today for a summit as a brewing US-China confrontation over protectionism highlighted President Emmanuel Macron's tough task in delivering ...
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SINGAPORE: Oil headed for its first back-to-back weekly gain since June on signs the United States and China could be edging closer to a trade deal and as a growing list of central banks start easing policy to shore up growth.
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MI TECHNOVATION Bhd (stock code: 5286) made a break out of a 11-month descending trend line it has been dwindling under in Friday trading, marking just the...
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REVIEW: The paralysis on the local market comes at a time when investors are weighing the negative impact of the trade war with the prospect of more stimulus and...
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PUTRAJAYA: Malaysia welcomed 13.35 million international tourists and recorded a 6.8% growth in tourist receipts, contributing RM41.69bil to the country’s...
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PETALING JAYA: DRB-Hicom Bhd has posted a net profit of RM46.21mil for the first quarter ended June 30,2019 (1Q19) from a net loss of RM66.59 mil a year ago due to...
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KUALA LUMPUR: Oil and gas service provider, Dayang Enterprise Holdings Bhd’s net profit for the second quarter ended June 30,2019 (Q2 2019) rose to...
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NEW YORK, Aug 24 ― Wall Street tumbled yesterday after the US-China trade war escalated in dramatic fashion, with President Donald Trump demanding that American companies seek alternatives to doing ...
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NEW YORK, Aug 24 ― FedEx Corp, United Parcel Service Inc and the US Postal Service said yesterday they are already working to stop traffickers from using their services after US President Donald Tru...
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LONDON, Aug 24 ― Britain wants to agree a post-Brexit trade deal with the United States quickly, but the terms have to work for both sides, a British spokeswoman said yesterday ahead of a meeting be...
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NEW YORK, Aug 24 ― Stocks, the dollar and oil prices fell yesterday while safe havens rose after President Donald Trump demanded US companies look at alternatives to China for manufacturing, followi...
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PROTON Holdings Bhd has launched its first 4S (sales, service, spare parts and body and paint services) flagship dealership in Malaysia to meet rising customer demand...
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KUALA LUMPUR: Petronas Dagangan Bhd’s (PetDag) net profit slipped 45% to RM172.75mil for the second quarter ended June 30,2019 (2Q19) from RM314.42mil due to...
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PETALING JAYA: Motor Image, a wholly-owned subsidiary of Tan Chong International Ltd and the exclusive distributor of Subaru vehicles across eight...
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THE story of SDS Group Bhd, which is aiming to list on the ACE Market in October, began with a small traditional bakery in Tampoi, Johor in the 1970s, selling tau sar piah...
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Digitisation and automation in the global banking sector coupled with an environment of low interest rates and slow capital market activities have changed the way...
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After some delays, Malaysia is set to switch off its free-to-air analogue TV broadcasting service in less than two months.
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THE effect of having a cascading jackpot by Magnum Bhd is proving to be a recipe for its fight against illegal operators.
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BUENOS AIRES, Aug 24 ― South American trade bloc Mercosur reached a free trade agreement yesterday with four European countries, Argentine officials and Brazil's President Jair Bolsonaro said after ...
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BUENOS AIRES, Aug 24 ― The International Monetary Fund (IMF) said yesterday that a team will meet with the economic advisers to Argentina's main presidential contenders, incumbent Mauricio Macri and...
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WASHINGTON, Aug 24 ― US President Donald Trump yesterday lashed back at a new round of Chinese tariffs by heaping an additional 5 per cent duty on some US$550 billion (RM2.3 trillion) in targeted Ch...
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JACKSON HOLE, Wyo.: Federal Reserve Chair Jerome Powell said the central bank would "act as appropriate" to keep the U.S. economy healthy in a deteriorating global...
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NEW YORK: More investors are watching the shares of discount retailers like Dollar General Corp and Dollar Tree Inc , which perform better during economic downturns, in...
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Jakarta: An Indonesian man on Friday managed to complete the incredible feat of walking 800 kilometers in reverse, walking for more than month from his village in...
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NEW YORK: Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods including crude oil, another escalation of a...
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GEORGE TOWN (Aug 23): Provinces in the Indonesia, Malaysia and Thailand Growth Triangle (IMT-GT) can be models for economic progress if a balance can be struck between environmental protection and dev...
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KUALA LUMPUR (Aug 23): The Malaysian Society For Occupational  Safety and Health (MSOSH) has recommended eight guidelines for the authorities to consider before allowing motorcycle e-hailing services...
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SHAH ALAM (Aug 23): Selangor will have its own early disaster warning system by 2022 with the completion of a joint study between the state government and two universities, including one from Japan.
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KUALA LUMPUR (Aug 23): Police have warned all quarters to stop raising sensitive issues and to immediately cease all forms of action that can aggravate the situation, including planned peaceful assemb...
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PETALING JAYA (Aug 23): Prime Minister Tun Dr Mahathir Mohamad said the Government will study the claim made by United Nations human rights experts on the rate of poverty in the country.
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PETALING JAYA (Aug 23): A Malaysian-owned e-hailing service, MyCar, wants the Government to reconsider its decision to introduce the motorcycle taxi service or Gojek.
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KUALA LUMPUR (Aug 23): RAM Rating Services Bhd (RAM Ratings) has assigned an AA3/Stable rating to Press Metal Aluminium Holdings Bhd’s proposed Islamic medium-term notes (IMTN) programme of up to RM...
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KEPALA BATAS (Aug 23): The Transport Ministry is making changes to the existing driving licence test method to enable the implementation of e-testing.
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KUANTAN (Aug 23): The proposed introduction of motorcycle-based ride-hailing services like Go-Jek to Malaysia should take into account the views of all quarters before it can be implemented, said Paha...
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KUALA LUMPUR (Aug 23): As the systems outage at Kuala Lumpur International Airport hits its two-day or 48th hour mark, there have been concerns about how the situation at the key Malaysian airport wil...
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KUALA LUMPUR (Aug 23): V Ultimate Wellness Bhd, a beauty services company which has been growing exponentially since its establishment 14 years ago, is on track for a listing on Bursa Malaysia's ACE M...
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KUALA LUMPUR (Aug 23): London Biscuits Bhd, which defaulted on a RM9.8 million loan payment, has managed to place out its last tranche placement share at an average issue price of 32.4 sen per share, ...
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KUALA LUMPUR (Aug 23): Malaysia Airports Holdings Bhd (MAHB) has launched its annual shopping campaign ‘Licence to Win’, which runs from Aug 1 till Jan 31, 2020, in line with the airport operator'...
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KUANTAN (Aug 23): Indera Mahkota MP Datuk Saifuddin Abdullah is confident that the Cabinet had taken into account all considerations before deciding to extend the operating licence of Lynas Malaysia S...
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GEORGE TOWN (Aug 23): Transport Minister Anthony Loke today gave a commitment that the systems upgrade for the Penang ferry service will begin next year.
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KOTA KINABALU (Aug 24): Minister in the Prime Minister's Department P Waytha Moorthy today expressed hope that civil servants from Peninsular Malaysia who have served in Sabah for a long time and wish...
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BEIJING, Aug 23 — China said today it will impose retaliatory tariffs against about US$75 billion (RM314 billion) worth of US goods, putting as much as an extra 10 per cent on top of existing rates ...
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WASHINGTON, Aug 23 — Federal Reserve Chair Jerome Powell stressed today that the central bank will act to ensure the US economic expansion continues, even in the face of “significant risks” pose...
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NEW YORK, Aug 23 — Wall Street stocks opened lower today after China announced another round of tariffs on US goods, the latest escalation in the protracted trade war between the countries.
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PETALING JAYA (Aug 23): Prime Minister Tun Dr Mahathir Mohamad said tonight youths figure prominently in all aspects of the Government's new initiatives and programmes for the nation to move forward.
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KUALA LUMPUR (Aug 23): Nestle (M) Bhd has launched Starbucks at Home, a new range of premium coffee products — including Starbucks capsules — for consumers across Malaysia and Singapore.
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KUALA LUMPUR (Aug 23): Etiqa is paying out claims to policy holders of its travel insurance or takaful product who are affected by flight delays arising from a computer glitch at the Kuala Lumpur Inte...
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KUALA LUMPUR (Aug 23): The Ministry of Economic Affairs (MEA) is disappointed by the remarks made by United Nations special rapporteur on extreme poverty and human rights Professor Philip Alston, who ...
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KUALA LUMPUR (Aug 23): DRB-Hicom Bhd, whose share price soared to a 19-year high of RM2.95 today, posted a net profit of RM46.21 million for the three months ended June 30, 2019, versus a net loss of ...
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Hong Kong: Hong Kong stocks are poised for their worst quarter since 2015 and corporate earnings are unlikely to save them.
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KUALA LUMPUR (Aug 23): Sarawak Oil Palms Bhd suffered an 84% year-on-year fall in its net profit to RM1.68 million in its second quarter ended June 30, 2019 (2QFY19) from RM10.53 million before, as a ...
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WASHINGTON, Aug 23 — Deutsche Bank has agreed to pay more than US$16 million (RM67 million) to settle charges that it violated US corruption laws by hiring relatives of foreign government officials ...
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DUBLIN, Aug 23 — As wildfires rage through the Brazilian Amazon, Irish Prime Minister Leo Varadkar has said Dublin will vote against a trade deal between the European Union and South American trade ...
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LONDON, Aug 23 — With banks’ bond trading desks increasingly going electronic, another of the last bastions of old-school banking — the business of helping companies and countries raise capital ...
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KUALA LUMPUR: Petronas Dagangan Bhd, the country's biggest petrol station operator, said the retail market is expected to remain challenging amid rising numbers of energy efficient cars, as well as th...
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HONG KONG: Chinese smartphone maker Huawei Technologies said on Friday its business has been less impacted by U.S. trade restrictions than the company had...
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KUALA LUMPUR: Shares in companies linked to businessman Tan Sri Lim Kang Hoo - Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd rose in active trade...
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NEW YORK: Volkswagen AG is exploring potential investments in Chinese automotive suppliers as it seeks to secure access to key technology in the world’s largest car...
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TOKYO: A Japanese agency priced a bond with a negative yield for the first time, in a sign that such debt sales may increase in the nation amid the global tumble in interest...
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SINGAPORE: Singapore's core inflation eased to its slowest pace in more than three years in July, data showed on Friday, prompting authorities to downgrade their full-year forecast amid firming bets f...
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KUALA LUMPUR: The additional government borrowings of RM58bil in the first six months of this year are used to pay, among others, ongoing commitments made by the...
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KUALA LUMPUR: Bakery products manufacturer and distributor SDS Group Bhd, which expected to raise RM23.99mil from its proposed listing on the ACE...
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KUALA LUMPUR: The FBM KLCI was en route to ending the week above the 1,600 mark after making little headway over the week ahead of US Federal Reserve...
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KUALA LUMPUR: Maybank Investment Bank Research has upgraded AmBank to buy with a higher target price of RM4.75 after its stronger operating growth in the first...
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KUALA LUMPUR: AmInvestment Research expects an even better second half for Kossan Rubber Industries...
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KUALA LUMPUR: Public Bank’s unit Public Mutual launched the PB Global Opportunities Fund (PBGOPF) on Thursday.
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KUALA LUMPUR (Aug 23): Pharmaniaga Bhd’s net profit for the second quarter ended June 30, 2019 (2QFY19) ballooned 72%, on the back of higher demand for its products in Indonesia and a lower tax bill...
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KUALA LUMPUR (Aug 23): Wellcall Holdings Bhd net profit increased 21.3% to RM9.45 million in the third quarter ended June 30, 2019 (3QFY19) from RM7.79 million thanks to lower input costs, it said in ...
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KUALA LUMPUR (Aug 23): The FBM KLCI closed up 6.86 points or 0.43% after an 11th-hour spike as global stock markets rose ahead of US Federal Reserve chair Jerome Powell's speech, which will offer clue...
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WASHINGTON, Aug 23 — US toymaker Hasbro announced yesterday that it is acquiring studio Entertainment One, which owns popular cartoon series Peppa Pig among other children’s content, for approxima...
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STOCKHOLM, Aug 23 — The Swedish Financial Supervisory Authority (FSA) will publish the conclusions of its probe into alleged money laundering in the Baltics by the beginning of next year, it said to...
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THE policy torpor in Bangkok is over. After sitting out interest-rate cuts and growth warnings that have swept both the developed world and emerging markets for...
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KUALA LUMPUR: Asia’s cocoa industry is scouring for ways to boost local bean supplies as the region’s chocoholics munch through more candy than ever.
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HELSINKI: One of the Nordic region’s biggest pension funds is busy reducing its stash of government bonds as it hunts for far less liquid assets in the hope of generating higher returns.
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KUALA LUMPUR (Aug 23): The High Court has fixed next Wednesday (Aug 28) morning to start the trial on former Prime Minister Datuk Seri Najib Razak's alleged involvement in the 1Malaysia Development Bh...
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KUALA LUMPUR (Aug 23): The retail price of RON97 will rise by 2 sen to RM2.51 a litre for the week of Aug 24-Aug 30, while the pump prices of RON95 and diesel will stay the same, according to the Fina...
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KUALA LUMPUR, Aug 23 — Bursa Malaysia ended at an intra-day high backed by institutional support in selected heavyweights, especially government-linked counters at the eleventh hour.
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Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB) trial is set to start at 9.30am on Wednesday (Aug 28).
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KUALA LUMPUR (Aug 23): Bursa Malaysia said today its FBM KLCI price feed has resumed disseminating prices since 4:25pm following nearly an one-hour long interruption.
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FBM KLCI closes up 6.86 points at 1,609.33
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GEORGE TOWN (Aug 23): DAP’s Central Executive Committee (CEC) has yet to meet and discuss the matter involving Perak state executive councillor (exco) Paul Yong, the party’s organising secretary A...
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KUALA LUMPUR (Aug 23): The investigating officer in Datuk Seri Najib Razak's SRC International Sdn Bhd case admitted that there were inconsistencies in former SRC International Sdn Bhd director Datuk ...
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KUALA LUMPUR (Aug 23): The Malaysian National News Agency (Bernama) today announced the promotion of Datuk Mokhtar Hussain as its editor-in-chief with immediate effect.
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SEPANG (Aug 23): Despite the ongoing systems disruption at the Kuala Lumpur International Airport which has caused flight delays, Transport Minister Anthony Loke Siew Fook successfully boarded his fli...
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KUALA LUMPUR (Aug 23): Malaysia is expected to attract quite a healthy inflow of investments from Chinese companies in the second half of the year, Deputy International Trade and Industry Minister Ong...
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LONDON, Aug 23 — European shares inched higher early today, with all eyes on a speech by US Federal Reserve Chief Jerome Powell for signs that the central bank is on course to deliver another cut in...
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LONDON, Aug 23 — The pound today gave back some of the gains it made the day before as investors reassessed whether British Prime Minister Boris Johnson had made any progress in convincing the Europ...
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HONG KONG, Aug 23 — Cathay Pacific Airways , which is caught in the crosswinds between authorities in Beijing and anti-government protesters in Hong Kong, must put an end to “all forms of white te...
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HONG KONG, Aug 23 — Hong Kong shares ended the week with a healthy rise today as investors look ahead to a key speech later in the day by Federal Reserve boss Jerome Powell hoping for hints at furth...
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LONDON, Aug 23 ― London's FTSE 100 bounced back today ahead of US Federal Reserve Chairman Jerome Powell's much-anticipated speech, while Peppa Pig owner Entertainment One rose to a life high after ...
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MUMBAI, Aug 23 ― When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-time highs as investors anticipated big bang pro-business reform...
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THIS monthly report is compiled and briefly summarised by a group of lawyers on a voluntary basis for the benefit of readers of The Edge.
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"KHAT” as defined by Merriam-Webster is “a shrub of the staff tree family that is cultivated in the Middle East and Africa for its leaves and buds, which are a source of a habituating stimulant wh...
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KUALA LUMPUR (Aug 23): The Samsung Galaxy Note10 and Note10+ smartphones are finally on sale in Malaysia, in conjunction with Samsung Malaysia Electronics's nationwide roadshow.
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KUALA LUMPUR (Aug 23): Malaysia's third largest cinema chain MBO Cinemas and storytelling app Me Books Asia are collaborating to produce a series of storybooks for children.
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KUALA LUMPUR (Aug 23): Malaysian authorities on Friday said they had seized nearly 3.7 tonnes of ketamine and cocaine worth about US$161 million in the country's biggest drugs haul to date.
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KUALA LUMPUR (Aug 23): The network issue at Kuala Lumpur International Airport (KLIA) which began on Wednesday night remains unresolved.
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KUALA LUMPUR (Aug 23): AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes said today ancillary business growth will compensate for the loss in the budget airline's income from the ...
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KUALA LUMPUR (Aug 23): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon close today.
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KUALA LUMPUR (Aug 23): Shareholders of LTKM Bhd have been advised to accept the takeover offer extended by the company's managing director Datuk Tan Kok and his family.
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JAKARTA, Aug 23 ― Indonesia, the world's top palm oil producer, has told some retailers in Jakarta to remove food products with “palm oil-free” labels from their shops, a government official sai...
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MOSCOW, Aug 23 ― Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers ...
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“Ask not what your country can do for you — ask what you can do for your country.” — John F Kennedy, (1917-1963) 35th president of the US There we were on Aug 4, a motley crew — five undergr...
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KUALA LUMPUR (Aug 23): Perak Transit is a great buying opportunity as a domestic play that is unsusceptible to the U.S.-China trade conflict, TA Securities says.
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KUALA LUMPUR (Aug 23): Share prices of satellite television provider, Astro Malaysia Holdings Berhad fell in early trading after it suffered another data breach, the second known leak in the span of 1...
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KUALA LUMPUR (Aug 23): The additional debt of RM58.05 billion incurred by the Pakatan Harapan government in the first half of the year was made to service the existing commitments by the federal gover...
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KUALA LUMPUR (Aug 23): Prime Minister Tun Dr Mahathir Mohamad today dismissed as baseless the claims linking palm oil to deforestation, saying they are unfair and unjustified.
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KUALA LUMPUR (Aug 23): Analysts have revised downwards their earnings projections for AirAsia X Bhd (AAX) after its just-announced "whopping quarterly loss", taking into account of a more conservative...
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TOKYO, Aug 23 ― Asian shares struggled to make any headway today as weak US manufacturing activity and uncertainty over how much further the Federal Reserve would cut rates added to the general air ...
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KUALA LUMPUR (Aug 23): Grab said today it strongly recommends that Malaysia's Public Service Vehicle (PSV) regulations mandate the development of a separate set of stringent, motorcycle-specific safet...
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KUALA LUMPUR (Aug 23): Media Prima Bhd has been downgraded to "reduce" by CGS-CIMB Research with more losses projected going forward, regardless of whether a mandatory general offer (MGO) — the only...
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KUALA LUMPUR (Aug 23): The ringgit opened slightly higher against the US dollar as investors squared off their position from holding the greenback ahead of US Federal Reserve chairman Jerome Powell sp...
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KUALA LUMPUR, Aug 23 ― Bursa Malaysia slipped lower at the opening as heavyweight financial counters led the sell-off ahead of the widely anticipated speech by the US Federal Reserve Chair Jerome Po...

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