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Analysis: Jack Ma's reappearance fails to soothe all investor concerns about regulatory crackdown

Analysis: Jack Ma's reappearance fails to soothe all investor concerns about regulatory crackdown

Ma's first public appearance added $58 billion in market value on Wednesday as Alibaba's Hong Kong-listed stock soared.
Thu Jan 21 2021
Offering discounts galore, Alibaba launches China's first post-COVID Singles' Day

Offering discounts galore, Alibaba launches China's first post-COVID Singles' Day

This year's online shopping extravaganza comes a week after Alibaba lost almost $76 billion of its market value.
Wed Nov 11 2020
K-Pop group BTS' label Big Hit Entertainment prices IPO at top of range

K-Pop group BTS' label Big Hit Entertainment prices IPO at top of range

Institutional investors had forecast huge demand for the shares, with Big Hit riding on the success of the seven-member band.
Mon Sep 28 2020
Zoom shares slip over security concerns, rising competition

Zoom shares slip over security concerns, rising competition

Multiple reports last week that questioned the company's data privacy practices have spooked investors, erasing nearly a third of the company's market value from its record high.
Tue Apr 07 2020
Chamber hails corp's move to sell land to Enra for tourism

Chamber hails corp's move to sell land to Enra for tourism

Despite public outcry over the sale of the land, which was said to be below the market value, it would eventually benefit the island in the long run.
Wed Mar 22 2017
Fuel-cheating scandal wipes $2.5bn off Mitsubishi stock

Fuel-cheating scandal wipes $2.5bn off Mitsubishi stock

Mitsubishi Motors shares nosedived again as panic selling wiped about $2.5 billion off the automaker's market value in response to its shock admission that it cheated on fuel-efficiency tests.
Thu Apr 21 2016
Police open probe into purchase of bungalow by Penang CM

Police open probe into purchase of bungalow by Penang CM

Police have opened an investigation into the purchase of a bungalow by Penang Chief Minister Lim Guan Eng allegedly below market value.
Fri Mar 25 2016
Apple shares to close year with worst performance since 2008

Apple shares to close year with worst performance since 2008

Shares of Apple Inc, the largest US company by market value, are set to finish the year in the red on notable weakness for a stock that had largely been impervious to pain for several years.
Sun Jan 03 2016
Alphabet, Microsoft, Amazon give Wall Street reason to cheer

Alphabet, Microsoft, Amazon give Wall Street reason to cheer

Shares of all three surged in early trading, adding more than $120 billion to their combined market value - more than the gross domestic product of Morocco.
Sat Oct 24 2015
Apple's momentum 'meltdown' bites investors

Apple's momentum 'meltdown' bites investors

Shares of the iPhone maker have been in a rut since posting disappointing quarterly results in late June, falling to a six-month low of $113.25 on Tuesday.
Wed Aug 05 2015
Apple becomes first company worth over $700 billion

Apple becomes first company worth over $700 billion

Apple became the first company to reach a market value of $700 billion Tuesday as shares vaulted amid upbeat news on the US tech giant's gains in the smartphone market and soon-to-arrive smartwatch.
Wed Feb 11 2015
Facebooks value tops RM638.2 billion ($200 billion) on mobile-ad optimism

Facebooks value tops RM638.2 billion ($200 billion) on mobile-ad optimism

Facebook Inc.(FB)s market value exceeded $200 billion to put it among the worlds biggest corporations, as investors bet on the company to capitalize on the future of mobile advertising.
Tue Sep 09 2014
Apple loses world's most valuable company crown

Apple loses world's most valuable company crown

Apple shares extended their losses Friday, ending a miserable week for the California tech giant as it surrendered its position as the world's biggest company based on market value.
Sat Jan 26 2013
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024