by winston » Wed Jul 02, 2025 8:26 am
Market News on 2 JUL 2025
Dow jumps 400 points, S&P 500 closes flat to start new quarter as investors rotate out of tech (CNBC)
Powell Reiterates Fed Would Have Cut More If Not for Tariffs (Bloomberg)
Powell reiterates Fed will wait for more data before cutting rates (Reuters)
Trump Sticks With July 9 Tariff Deadline While Criticizing Japan (Bloomberg)
China’s Caixin manufacturing PMI rises to 50.4 in June, returning to expansion territory (GlobalTimes)
Gamuda partners with Tasmanian landowners on 600MW clean energy project (The Star)
Genting hands over Meizhou Wan Phase I coal plant, shifts focus to cleaner energy (The Malaysian Reserve)
Yinson Production raises US$1.17b via project bond to refinance FPSO Maria Quitéria (The Malaysian Reserve)
Key Asic clinches RM13.1 mil AI chip design contract, sees recurring revenue potential (The Edge)
Kerjaya Prospek buys land in KL for RM112.8 mil, forms JV with Aspen for Penang project (The Edge)
Samaiden to buy land in Teluk Intan to develop utility-scale solar farm (The Edge)
Avangaad Clinches RM66 Million Worth Of Contracts From Northport (Business Today)
Perdana Petroleum secures offshore vessel charter from petroleum arrangement contractor (The Edge)
Powerwell bags RM16.6mil data centre switchboard contract (The Star)
Velesto secures US$40 mil drilling contract from PTTEP for Naga 5 (The Edge)
Solution Group inks exclusive deal to distribute HPV vaccine Cecolin in Malaysia (The Malaysian Reserve)
Suria Capital director charged with corruption; board says case unrelated to company (The Edge)
Kawan Renergy says demand to rise amid electricity tariff hikes (The Star)
Avaland to acquire PJ land for RM49 mil to undertake high-rise commercial development (The Edge)
Chip-design firm SkyeChip is close to a Malaysian IPO, CEO says (The Star)
Tuesday, 1 Jul 2025 Entitlement Announcement
5:42PM SSF Interim Dividend
5:24PM MYNEWS Interim Dividend
It's all about "how much you made when you were right" & "how little you lost when you were wrong"