TOKYO: Japan's imports jumped to a record high in June, government data showed on Wednesday, as a weak yen and soaring oil prices drove up import costs and inflation, leaving the central bank in a policy bind.

NEW YORK: Chip stocks pulled the Nasdaq and the S&P 500 lower on Thursday as they continued to lead broader market moves despite generally upbeat US economic data and a strong start to second-quarter earnings season.

TOKYO: The Bank of Japan is expected to keep interest rates steady on Thursday, as it awaits more clarity on how the deepening Middle East conflict could affect the trajectory of an import-reliant economy that had already seen inflationary pressure build up.

WASHINGTON: The U.S. Federal Reserve cut interest rates on Wednesday in another divided vote, but signaled it will likely pause further reductions in borrowing costs as officials look for clearer signals about the direction of the job market and inflation that "remains somewhat elevated."

KUALA LUMPUR: In a quarter where most banks had to wrestle with thinning margins, Malayan Banking Bhd (Maybank) managed to hold its ground and even edge forward, backed by a disciplined funding strategy, analysts said.

WASHINGTON: A policy divide within the U.S. central bank and a lack of federal government data may put another interest rate cut out of reach this year, Federal Reserve Chair Jerome Powell said on Wednesday, as he acknowledged the threats that officials see to the job market but also the risky nature of making further rate moves without a fuller picture of the economy.

SYDNEY: Share markets edged higher in Asia on Monday ahead of what is likely to be an eventful week for U.S. interest rate policy, while oil prices slipped as risks to Russian supplies seemed to fade a little.

SYDNEY: Share markets edged higher in Asia on Monday ahead of what is likely to be an eventful week for US interest rate policy, while oil prices slipped as risks to Russian supplies seemed to fade a little.

PETALING JAYA: Solid Automotive Bhd is acquiring motor vehicles spare parts company, SG, for RM6mil.

（吉隆坡14日讯）岩石汽车（SOLID,5242,主板消费产品服务组）以600万令吉，收购汽车零件交易商Sim Ghee Auto Supply私人有限公司（SG）100%股权，以拓展产品线至轿车的原厂汽车零件领域，同时切入不同的汽车零件分销渠道。该公司发文告表示，SG在原厂汽车领域贸易奠定良好的根基，并经营着第二国产车、宝腾和日产等多个原厂品牌，因此此次收购计划将可拓展集团产品线，同时借助其分销渠道来拓展市场覆盖率。岩石汽车将透过内部资金融资上述收购计划，并预期整个计划将在今年第四季完成。...

PETALING JAYA: Solid Automotive Bhd is acquiring motor vehicles spare parts company, SG, for RM6mil.

A SOLID US jobs report has assuaged some swirling concerns about a rapid growth slowdown, but with policy uncertainty surging and tariff headlines keeping the outlook for risk assets murky, Wall Street sees little to cheer.

Solid Automotive Bhd's (SAB) wholly- owned subsidiary Part Center Sdn Bhd (PC) has entered into Sale and Purchase Agreements (SPAs) with two land owners to buy two plots of land, both measuring 1.90 hectares (4.69 acres) in Kapar, Klang.

KUALA LUMPUR: Here is a recap of the announcements that made headline in Corporate Malaysia.

Solid Automotive Bhd (SAB) is acquiring a piece of freehold agricultural land measuring 4.687 acres in Klang, Selangor, from Top Glove Corb Bhd for RM15.92mil.

Solid Automotive Bhd (KL:SOLID) said it is acquiring 4.69 acres of freehold land in Klang from Top Glove Corp Bhd (KL:TOPGLOV) for RM15.92 million. The automotive electrical parts group said its wholly-owned subsidiary, Part Center Sdn Bhd (PCSB), signed a letter of offer issued by Top Quality Glove Sdn Bhd, a wholly-owned unit of Top Glove, on Wednesday to purchase the agricultural land located at Kawasan Perindustrian Meru Timur.

（吉隆坡11日讯）岩石汽车（SOLID,5242,主板消费产品服务组）斥资1592万4926令吉向顶级手套（TOPGLOV,7113,主板医疗保健组）收购土地。岩石汽车在文告中说，独资子公司Part Center私人有限公司已签署Top Quality Glove私人有限公司发出的报价函，以买下雪兰莪加埔一片面积4.69英亩土地，双方预期将在一个月内签署正式买卖协议。岩石汽车指出，上述购地计划不仅有助加强公司的整合活动，也是一项策略投资。...

PETALING JAYA: Solid Automotive Bhd (SAB) is acquiring a piece of leasehold land measuring 43,487 sq ft in Batu Caves, Selangor from South East Asia Plastic Industries Sdn Bhd for RM18.91mil.

（吉隆坡30日讯）岩石汽车（SOLID,5242,主板消费产品服务组）以1890万5000令吉价格收购位于黑风洞的工厂以促进公司整合计划。岩石汽车今日宣布，全资子公司Part Center私人有限公司与South East Asia Plastic Industries私人有限公司签订了上述买卖协议。该集团指出，上述99年地契的地皮面积约为4万3487平方呎，连同一座单层工厂和一座两层半办公室。买地款项将以内部资金加上银行贷款的组合来支付。此次收购旨在提高营运效率，有望提振该公司的整合计划...

PETALING JAYA: Solid Automotive Bhd (SAB) is acquiring a piece of leasehold land measuring (43,487 sq ft in Batu Caves, Selangor, from South East Asia Plastic Industries Sdn Bhd for RM18.91mil.