China’s latest inflation data reveals a clear shift beneath the surface, the AI-driven industrial cycle is now feeding into price pressures , even as consumer demand remains subdued. Key Takeaway China's producer prices rose at the fastest pace in nearly four years, driven by stronger demand for AI-related electronics, computing infrastructure and industrial metals. However, soft consumer inflation suggests domestic demand remains weak, highlighting a growing divergence between industrial activity and consumer spending. AI Demand Is Driving Factory Inflation Producer prices (PPI) rose 3.9% YoY Strong demand from: AI infrastructure buildout Electronics and semiconductors Industrial metals like copper and aluminium The global AI spending wave, especially data centre expansion is now directly influencing China’s upstream pricing power. Consumer Demand Still Lagging CPI grew only 1.2% YoY , below expectations Core inflation softened to 1.1% Weak consumption rem...
Capital A Bhd has secured a US$443 million revenue bond to refinance AirAsia Bhd's lease liabilities, cover aircraft maintenance costs, and support working capital. The bond is issued in two tranches, due in 2026 and 2028.
Bumi Armada Bhd reported a strong 2QFY2024 net profit of RM265.96 million, more than doubling from the previous year, supported by higher margins and contributions from FPSO vessels. Quarterly revenue rose 31% year-on-year.
Matrix Concepts Holdings Bhd posted a net profit of RM60.7 million for 1QFY2025, a 6% decline from the previous year, with revenue dropping nearly 16% due to reduced revenue recognition from its flagship Sendayan Developments. The company declared a 2.5 sen per share interim dividend.
Sime Darby Property Bhd more than doubled its net profit to RM161.96 million in 2QFY2024, driven by land sales and increased sales of industrial and high-rise homes. The company declared a 1.5 sen per share dividend and raised its sales target for the year.
Eupe Corp Bhd announced that a recently acquired 2.46-acre land in Bangsar, Kuala Lumpur, is expected to generate a GDV of RM300 million, with a planned high-rise residential project launch in 2026.
7-Eleven Malaysia Holdings Bhd recorded a 5.9% increase in net profit to RM20.49 million for 2QFY2024, driven by higher revenue and lower expenses. Quarterly revenue rose 3.3%, supported by new store openings and festive season spending.
Focus Point Holdings Bhd saw a 16.5% rise in net profit to RM8.43 million for 2QFY2024, underpinned by higher optical business revenue and a turnaround in its food & beverage segment.
Tomei Consolidated Bhd reported a 16.8% increase in net profit to RM19.9 million for 2QFY2024, supported by higher revenue from its retail segment. Quarterly revenue climbed 19.5% year-on-year.
Kerjaya Prospek Group Bhd's subsidiary is suing Yong Tai Bhd's unit, Apple 99 Development Sdn Bhd, for an outstanding contract sum of RM105.14 million, seeking payment and specific performance of settlement agreements.
Kossan Rubber Industries Bhd posted a net profit of RM31.34 million for 2QFY2024, a significant turnaround from a net loss a year ago, driven by higher contributions across all business segments.
AEON Credit Service (M) Bhd has launched its sixth senior sukuk under its RM2 billion sukuk wakalah programme, raising RM350 million to fund financing disbursements and refinance existing loans.
Pan Malaysia Holdings Bhd plans to diversify into interior design and fit-out services and change its name to Exsim Hospitality Bhd, reflecting its new focus.
Mega First Corp Bhd recorded an 18.9% increase in net profit to RM150.36 million for 2QFY2024, driven by better performances across all operating segments.
MSM Malaysia Holdings Bhd reported a net loss of RM32.40 million for 2QFY2024, reversing two previous quarters of profit, due to increased raw sugar prices and higher operating costs.
UEM Sunrise Bhd saw a 23.71% decline in net profit to RM18.84 million for 2QFY2024, attributed to higher operating expenses and lower contributions from joint ventures.
Sunway Construction Group Bhd posted a 17.8% rise in net profit to RM38.87 million for 2QFY2024, supported by improved contributions from all segments. The group declared a 3.5 sen per share interim dividend.
REDtone Digital Bhd reported a more than doubled net profit to RM29.5 million in 4QFY2024, driven by increased fair value gains from investments and growth in managed telecommunication network services.
Bintulu Port Holdings Bhd recorded a 67.8% increase in net profit to RM23.75 million for 2QFY2024, supported by higher sales and lower finance costs. The group declared a four sen per share dividend.
Dayang Enterprise Holdings Bhd reported a net profit of RM131.44 million for 2QFY2024, more than doubling from the previous year, due to higher vessel utilization rates and improved daily charter rates.
Hextar Retail Bhd has partnered with Hong Kong’s Tam Jai International to introduce the Tam Jai noodle chain in Malaysia, with the first outlet expected to open in Kuala Lumpur in early 2025.
LBS Bina Group Bhd reported a 4.9% increase in net profit to RM34.64 million for 2QFY2024, supported by key property development projects.
Far East Holdings Bhd posted an eightfold increase in net profit to RM51.35 million for 2QFY2024, driven by higher profits from associates and increased prices and volume.
Greatech Technology Bhd recorded a 26.3% rise in net profit to RM48.39 million for 2QFY2024, supported by cost optimization and timely project completion.
TSH Resources Bhd saw its net profit nearly double to RM20.63 million in 2QFY2024, driven by higher profits from palm products and lower corporate expenses.
Magnum Bhd reported a 12.1% increase in revenue to RM601.89 million for 2QFY2024, driven by higher gaming revenue, although net profit only rose 4.1% due to higher operating expenses.
WCE Holdings Bhd logged its fifth consecutive quarterly net loss, narrowing to RM25.86 million for 1QFY2025, due to interest expense related to project financing for the West Coast Expressway.
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