The Edge Malaysia

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The Edge Malaysia is a leading financial news organisation in the country.

Wall Street's main indices opened higher on Friday, after the latest inflation data came in line with expectations, easi...
26/09/2025

Wall Street's main indices opened higher on Friday, after the latest inflation data came in line with expectations, easing concerns that persistent price pressures could delay interest rate cuts by the Federal Reserve.

Former 1Malaysia Development Bhd (1MDB) chief financial officer (CFO) Azmi Tahir has denied knowing that US$3.5 billion ...
26/09/2025

Former 1Malaysia Development Bhd (1MDB) chief financial officer (CFO) Azmi Tahir has denied knowing that US$3.5 billion in payments made between 2012 and 2014 were illegally diverted to fake Aabar entities, saying he believed at the time the transactions were legitimate.

26/09/2025

Three banks have emerged as substantial shareholders of Vantris Energy, formerly known as Sapura Energy. This and more in our quick round-up of today’s biggest stories on theedgemalaysia.com.

(Stock Focus) Three banks have emerged as substantial shareholders of Vantris Energy Bhd (KL:VANTNRG), formerly known as...
26/09/2025

(Stock Focus) Three banks have emerged as substantial shareholders of Vantris Energy Bhd (KL:VANTNRG), formerly known as Sapura Energy Bhd, following the completion of the oil and gas company’s regularisation plan.

Three banks have emerged as substantial shareholders of Vantris Energy Bhd (KL:VANTNRG), formerly known as Sapura Energy Bhd, following the completion of the oil and gas company’s regularisation plan.

26/09/2025

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Friday.

26/09/2025

Urban Renewal Act: Progress or Problem?

The new Urban Renewal Act aims to lower the consent threshold for redevelopment of old residential blocks to 80%.

But what does this actually mean?
❓Does it promise safer homes, higher property values, and revitalised neighbourhoods?
💭What are the main concerns surrounding this proposal?

We break it all down in this week’s EdgeUP 💡

Urban renewal is necessary — but it has to be done right, not just for profit.
🎥 Stay tuned for Part 2, where we break down how Singapore does it differently.

(Tech) The US$14 billion (RM59 billion) price tag proposed for TikTok’s US business values it more like a stuffy old ene...
26/09/2025

(Tech) The US$14 billion (RM59 billion) price tag proposed for TikTok’s US business values it more like a stuffy old energy or food company than a leading global social media company. - Bloomberg

The US$14 billion (RM59 billion) price tag proposed for TikTok’s US business values it more like a stuffy old energy or food company than a leading global social media company.

26/09/2025

Celebrating 10 Years of the UN Sustainable Development Goals
Sunway University joins the world in commemorating the 10th anniversary of the 17 UN SDGs — a global call to end poverty, protect the planet, and ensure well-being for all. This milestone is a moment to reflect on progress and to reaffirm our commitment to sustainability, innovation, and inclusive growth. As a champion of the SDGs, Sunway University continues to inspire action, empower communities, and nurture future leaders to build a better world.

More than 60% of new jobs in Malaysia since 2022 are in low or semi-skilled roles. This low-skill cycle is keeping wages...
26/09/2025

More than 60% of new jobs in Malaysia since 2022 are in low or semi-skilled roles. This low-skill cycle is keeping wages down and limiting economic growth — even with unemployment at a record low.

Many Malaysians still earn less than RM2,000 a month.

Can Budget 2026 break the cycle and push us toward a high-income future? Swipe to find out more

(Highlight) Two casino bids — MGM Resorts International’s proposal for a US$2.3 billion (RM9.7 billion) expansion of its...
26/09/2025

(Highlight) Two casino bids — MGM Resorts International’s proposal for a US$2.3 billion (RM9.7 billion) expansion of its Empire City Casino in Yonkers, New York, and Genting Group’s pitch for a US$5.5 billion addition to its Queens location — will advance to a state board after clearing a key vote by local advisory committees. - Bloomberg

Two casino bids — MGM Resorts International’s proposal for a US$2.3 billion (RM9.7 billion) expansion of its Empire City Casino in Yonkers, New York, and Genting Group’s pitch for a US$5.5 billion addition to its Queens location — will advance to a state board after clearing a key vote by lo...

(Trade War) US President Donald Trump insisted that South Korea would provide billions of dollars in investments "upfron...
26/09/2025

(Trade War) US President Donald Trump insisted that South Korea would provide billions of dollars in investments "upfront", despite Seoul's contention that it would be plunged into a financial crisis if it met the US demands without safeguards. - Reuters

US President Donald Trump insisted that South Korea would provide billions of dollars in investments "upfront", despite Seoul's contention that it would be plunged into a financial crisis if it met the US demands without safeguards.

(Trade War) The US has agreed to consider granting tariff exemptions — specifically zero tariff rates — for several comm...
26/09/2025

(Trade War) The US has agreed to consider granting tariff exemptions — specifically zero tariff rates — for several commodity products proposed by Malaysia, including palm oil and cocoa, which are expected to be finalised next month. - Bernama

The US has agreed to consider granting tariff exemptions — specifically zero tariff rates — for several commodity products proposed by Malaysia, including palm oil and cocoa, which are expected to be finalised next month.

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