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MARKET PULSE PM MARCH 6, 2025 [WATCH]

MARKET PULSE PM MARCH 6, 2025 [WATCH]

By New Straits Times 25 minutes ago
Bursa Malaysia's 30-stock index closed in the red mirroring broad-based risk-off sentiment from Wall Street.
Bursa Malaysia Tech Index climbs, outshines peers with MyEG leading 
Corporate 1 hour ago
Bursa Malaysia Tech Index climbs, outshines peers with MyEG leading 
AirAsia to relocate flights to Sabah, Sarawak from Subang to KLIA Terminal 2
Corporate 1 hour ago
AirAsia to relocate flights to Sabah, Sarawak from Subang to KLIA Terminal 2
Corporate 1 hour ago
Bursa Malaysia dragged down by financial stocks
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Corporate
MARKET PULSE PM MARCH 6, 2025 [WATCH]
Bursa Malaysia Tech Index climbs, outshines peers with MyEG leading 
AirAsia to relocate flights to Sabah, Sarawak from Subang to KLIA Terminal 2
Bursa Malaysia dragged down by financial stocks
AirAsia to stop flying from Subang to KK, Kuching from April 7
KUALA LUMPUR: AirAsia Malaysia (AirAsia), a low-cost airline unit of Capital A Bhd, has stopped selling tickets between Sultan Abdul Aziz Shah Airport (SAAS) to Kota Kinabalu International Airport and Kuching International Airport for flights from April 7.
Japan's Seven & i names new CEO, announces restructuring
TOKYO: Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, announced a change of CEO and plans to restructure its business in the face of a US$47 billion foreign takeover bid.
Sarawak seeks Spain's help to develop tech city
KUCHING: The Sarawak government is strengthening its collaboration with Spain by visiting Tech Barcelona to advance discussions on the establishment of the state’s Tech City and to position Sarawak as a regional hub for technology and entrepreneurship.
Economy
Malaysia records 9.2mil air passengers in January, exceeds pre-pandemic January 2019 levels
Bank Negara keeps OPR at 3.0pct, no changes since May 2023
Malaysia discussing response to US chip tariffs with companies, minister says
Japan PM Ishiba says high US tariffs make investment difficult
ECB to cut rates again as trade wars, defence cloud the outlook
FRANKFURT: The European Central Bank is set to cut interest rates again on Thursday in what is likely to be its last easy decision for a while as trade wars and rearmament drive the continent's biggest economic policy upheaval in decades.
US reciprocal tariffs: Economists advise Malaysia to broaden export markets
KUALA LUMPUR: Malaysia should diversify its export markets to reduce the impact of US import tariffs, economists said.
South Korea reaffirms near-zero tariff rate on US imports under FTA
Bernama-Yonhap
Feature
HSPP seeks to elevate entrepreneurs
HAPM eyes global expansion
BPE Energy, IKM Bintulu to drive human capital development in Sarawak's RE sector
PIFF aims to empower entrepreneurs
A long-term tax roadmap for economic stability
For Malaysia to achieve sustainable economic resilience, it needs to move away from reactive, year-to-year fiscal adjustments.
Allianz, UM in integrity push
KUALA LUMPUR: Allianz Malaysia Bhd and Universiti Malaya (UM) have launched the Allianz Centre for Governance (ACFG) to enhance the quality of governance.
Prioritise cooperatives: Angkasa's request to government
KUALA LUMPUR: Angkatan Koperasi Kebangsaan Malaysia Bhd (Angkasa) has requested the government, under the leadership of Prime Minister Datuk Seri Anwar Ibrahim, to prioritise recognising cooperatives as an important sector in driving economic development across Asean nations during Malaysia’s Asean chairmanship next year.
Insight
Malaysia's semiconductor strategy in a shifting global trade landscape
Navigating tariffs and the perils of trade circumvention
Being prepared for change
Chinese Walls and their effectiveness
The Global Chessboard: Malaysia's grand strategy in a world of great power rivalry
The world isn’t flat—it’s structured.
What if I get bored at work?
All of us have goals and dreams, But here’s the thing. We all also struggle to remain focused and concentrate on our goals.
Warren Buffett: The "Oracle of Omaha"
Warren Buffett, often hailed as the "Oracle of Omaha", stands as a towering figure in the world of stock investment.
Property
76,664 housing credit guarantee applications worth RM17.86bil approved since 2008
Hillhouse looking to invest US$2bil annually in Japan
US takes down list of federal properties for possible sale
Influx of MNCs drive demand for office space in Klang Valley
Knight Frank: Malaysia's commercial property transactions rising, mirroring global trend
KUALA LUMPUR: Malaysia has seen an uptick in commercial real estate (CRE) transactions, driven by high-net-worth individuals (HNWIs) and institutional investors seeking long-term value, mirroring the global trend, said Knight Frank Malaysia.
China will increase loans to real estate projects on 'white lists'
BEIJING: China will increase loans to real estate projects on its “white lists” program, according to an official National Development and Reform Commission report released at China’s parliament meeting on Wednesday.
Paramount targets RM1.5bil property sales in 2025
KUALA LUMPUR: Paramount Corp Bhd has set a property sales target of RM1.5 billion for 2025 compared to RM1.4 billion recorded last year.
Cars Bikes Trucks
Bermaz unveils flagship Xpeng X9 electric MPV
Dynamic driving with all-electric Porsche Macan
Sime Motors sparks used EV market
Sime Motors introduces EV Next, Malaysia's first used electric vehicle dealership
Nissan considers replacing CEO Uchida
TOKYO: Nissan Motor is considering replacing its CEO Makoto Uchida following a worsening in the Japanese automaker's business performance and the collapse of talks to combine with Honda Motor, Bloomberg News reported on Thursday citing people familiar with the matter.
Chinese electric automaker BYD will launch compact SUV in France at 28,990 euros
PARIS: BYD will launch its new electric compact SUV in France at a starting price of 28,990 euros (US$30,358), said the director of BYD's sales network in France.
Mercedes unveils Maybach EQS 680 SUV in Malaysia
KUALA LUMPUR: Mercedes-Benz Malaysia has launched its first all-electric model from Mercedes-Maybach called the EQS 680 sports utility vehicle (SUV). 
SME
Boosting local halal SMEs' international reach
Pernas has channelled RM461mil to 2,283 franchise entrepreneurs since 2014 - Ewon
Mandatory halal certification costly to SMEs: Samenta
Kuskop allocated RM2.57bil to over 270,000 women entrepreneurs as of November 2024 
SC, CGC sign pact to boost micro, small, medium enterprises' access to capital market
KUALA LUMPUR: The Securities Commission Malaysia (SC)  and Credit Guarantee Corporation Malaysia Bhd (CGC Group) are working together to boost access to capital market financing for Malaysia’s micro, small, and medium enterprises (MSMEs) and mid-tier companies (MTCs). 
MIDF launches RM200m financing programme for SMEs to transform into smart factories
KUALA LUMPUR: Malaysian Industrial Development Finance Bhd (MIDF) aims to allocate a total of RM200 million in financing by 2027 through its Future Ready Financing (FRF) Programme.
CIMB Bank, CIMB Islamic partner CGC to offer RM1.5b more loans to SMEs
KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have partnered with Credit Guarantee Corporation Malaysian Bhd (CGC) to offer an additional RM1.5 billion for small and medium sized enterprises (SMEs) through CGC’s portfolio guarantee (PG) scheme. 
ESG
FMM vows to uphold ESG standards amid US policy shifts
PNB's Merdeka 118 Youth Programme continues to inspire & empower young Malaysians
Global electricity demand to grow by 4pct through 2027 - IEA
BlackRock quits climate group as Wall Street lowers environmental profile
Exodus by Wall Street banks from climate group worries advocates
LONDON/NEW YORK: U.S. lenders have been rushing in recent weeks to leave one of the world’s top banking sector climate coalitions, drawing scorn from campaigners who worry the industry is losing resolve to take action on fossil fuels.
What are Europe's 2025 targets on car emissions?
PARIS: The European Union is tightening its rules on auto emissions from Jan. 1 as part of broader targets to achieve climate neutrality in the region by 2050.
Japan targets 40-50pct power supply from renewable energy by 2040
TOKYO: Japan wants renewable energy to account for up to 50 per cent of its electricity mix by fiscal year 2040 with nuclear power taking up another 20 per cent, according to a draft of its revised basic energy policy, as it makes a clean energy push while meeting rising power demand.