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South Korea's KOSPI tops 3,000 for the first time since early 2022
South Korea's KOSPI tops 3,000 for the first time since early 2022

New Straits Times

time11 hours ago

  • Business
  • New Straits Times

South Korea's KOSPI tops 3,000 for the first time since early 2022

SEOUL: South Korean shares rose above the 3,000 mark for the first time since January 2022 and were set to log their fourth weekly gain after newly-elected President Lee Jae Myung announced a stimulus spending plan. Expectations are that more such plans are potentially in the works. The won strengthened, while the benchmark bond yield rose. The benchmark KOSPI was up 25.02 points, or 0.84 per cent, at 3,002.76 as of 0155 GMT. For the week, the index is up 3.75 per cent. South Korea's new administration proposed on Thursday US$14.7 billion of extra government spending to support sluggish domestic demand, as President Lee makes economic recovery his top policy agenda. Among index heavyweights, chipmaker Samsung Electronics rose 0.51 per cent, while peer SK Hynix gained 2.85 per cent. Battery maker LG Energy Solution climbed 2.58 per cent. Hyundai Motor and sister automaker Kia Corp were unchanged and down 0.10 per cent, respectively. Steelmaker POSCO Holdings was flat, while drugmaker Samsung BioLogics rose 1.70 per cent. Of the total 936 traded issues, 450 shares advanced, while 435 declined. Foreigners were net sellers of shares worth RM688,000. The won was quoted at 1,371.1 per US dollar on the onshore settlement platform, 0.63 per cent higher than its previous close at 1,379.8. In offshore trading, the won was quoted at 1,371.4 per dollar, up 0.40 per cent on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,368.6. The KOSPI has risen 25.14 per cent so far this year. The won has strengthened 7.40 per cent against the dollar so far this year. In money and debt markets, September futures on three-year treasury bonds lost 0.01 point to 107.07. The most liquid three-year Korean treasury bond yield rose by 1.8 basis points to 2.49 per cent, while the benchmark 10-year yield rose by 0.8 basis points to 2.89 per cent.

Hundreds expected at SME Sabah conference this year
Hundreds expected at SME Sabah conference this year

Daily Express

time11-06-2025

  • Business
  • Daily Express

Hundreds expected at SME Sabah conference this year

Published on: Wednesday, June 11, 2025 Published on: Wed, Jun 11, 2025 By: Sisca Humphrey Text Size: Dr Deledda (centre), Sunny (fifth, left) with the members of SME Sabah. Kota Kinabalu: The SME Sabah 2025 Conference, set to take place on June 20 here, is expected to attract over 400 participants from across Malaysia, including small and medium enterprise (SME) owners, industry leaders and professionals. Carrying the theme 'Mastering Sustainability & Empowering the Change,' the one-day event aims to deliver practical insights and actionable strategies that will help strengthen SME resilience, competitiveness, and long-term sustainability. Advertisement President of SME Sabah Dr Deledda Tan, said the conference was curated to address timely challenges and provide a knowledge-sharing platform for entrepreneurs to navigate their business growth journey. 'We understand the struggles of staying relevant and competitive. With this year's theme and topics are aligned with current issues faced by businesses, especially SMEs. 'Our aim is to inspire and empower participants with fresh perspectives, tools and strategies to grow their business and, at the same time, contribute to the overall economic development of the State,' she said during the media preview for the conference, here on Tuesday. She also emphasised that the conference reflects SME Sabah's mission to create a resilient and forward-looking business ecosystem. 'We want SMEs to walk away feeling recharged, with new connections and actionable knowledge,' Dr Deledda said. Organising Chairman Sunny Chai said the event will feature experts covering key topics such as ESG, occupational safety and health, talent development and retention, as well as business transformation. 'Through this conference, we hope to bring in best practices and insights that can be applied directly to participants' businesses. 'The sessions are designed not just to educate, but to motivate entrepreneurs and business owners to take the next step in their transformation journe,' he said. He also said the event will promote active engagement between entrepreneurs, government and private sector stakeholders. 'This is more than a conference. It is a collaborative platform to exchange ideas and co-create meaningful solutions,' he said. The Guest of Honour will be State Minister of Industrial Development and Entrepreneurship Datuk Phoong Jin Zhe. Registration for the SME Sabah 2025 Conference is now open. The participation fee is RM588 per person (normal price) or RM688 per person (claimable under HRD Corp). He said the programme is also eligible for 6.5 CPD hours under the Institution of Engineers Malaysia (IEM) Sabah branch The day-long programme includes speaker sessions from 8am to 4.30pm, followed by a networking dinner from 7pm to 11pm. For registration or enquiries, interested participants may contact SME Sabah at 019-969 0072. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia

DIOR Da Ying to guest perform at Azora Chin & Eve Ai Malaysia concert
DIOR Da Ying to guest perform at Azora Chin & Eve Ai Malaysia concert

Yahoo

time10-02-2025

  • Entertainment
  • Yahoo

DIOR Da Ying to guest perform at Azora Chin & Eve Ai Malaysia concert

10 Feb - Malaysian entertainer DIOR (also known as Da Ying) has been announced as the special guest at the upcoming "Azora Chin & Eve Ai Power House Live Concert." The singer-songwriter expressed her excitement about joining the March show. "I am happy to have the opportunity to perform on the same stage with two excellent singers, Eve Ai and Azora Chin! I will tell you secretly that I have been working hard to create new songs recently. As for the concert... I will keep it a secret for now," she shared. DIOR revealed that this performance validates her musical journey and motivates her future aspirations. "This performance has made me more determined to hold my own concert goal," she added. The "Azora Chin & Eve Ai Power House Live Concert" is scheduled for 29 March at the Arena of Stars, Genting. Tickets are now officially on sale at and with ticket prices of RM688 (VIP), RM588 (PS1), RM488 (PS2), RM388 (PS3), RM288 (PS4) and RM188 (PS5).

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