<div class=newsTextDataWrapInner>KUALA LUMPUR (Dec 27): Managepay Systems Bhd (MPay) rose 4.54% in early trade this morning after the company said it is set to provide services under its e-marketplace platform BuyMalaysia.com to small and medium enterprises (SMEs) registered under eTRADE programme by Malaysia External Trade Development Corp (MATRADE).</div>

<div class=newsTextDataWrapInner>At 9.01am, MPay added 1 sen to 23 sen with 908,200 shares traded.</div>

<div class=newsTextDataWrapInner>MPay said it received a Letter of Offer from MATRADE to provide the services, which it said will contribute to its earnings in the financial year ending Dec 31, 2018 (FY18) onwards.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (Dec 27): Managepay Systems Bhd (MPay) rose 4.54% in early trade this morning after the company said it is set to provide services under its e-marketplace platform BuyMalaysia.com to small and medium enterprises (SMEs) registered under eTRADE programme by Malaysia External Trade Deve...

ManagePay rises 4.54% on getting MATRADE letter of offer 

The Genting group companies' operations have recovered from the impact of the Covid-19 pandemic, and its earnings are expected to further grow, albeit more gradually, according to S&P Global Ratings.

S&P: Genting's operations have recovered from impact of pandemic, earnings to further grow

US Soccer and the Mexican Football Federation have withdrawn their joint bid to host the 2027 Women's World Cup and will instead focus on securing the 2031 edition, the national governing bodies said on Monday.

US and Mexico withdraw bid for 2027 Women's World Cup, eye 2031

(April 30): Elon Musk’s net worth is soaring after it plunged to the lowest level in almost a year.

In the past five days, the world’s third-richest person has gained US$37.3 billion in net worth, according to the Bloomberg Billionaires Index. That’s his largest weekly gain since March ...

Musk’s fortune soars by most since before Twitter purchase

Berkshire Hathaway Inc’s PacifiCorp now faces a demand for US$30 billion (RM142.9 billion) from victims of Oregon’s 2020 Labor Day wildfires, an escalation of a legal onslaught on the largest grid operator in the western US.

Warren Buffett’s PacifiCorp now faces US$30b fire claim demand

US stocks ended higher on Monday, with sharp gains for Tesla and Apple leading the way, as investors looked toward what the Federal Reserve would say about the interest rate outlook after its policy meeting this week.

Wall Street stocks finish higher as investors focus on Fed moves

NEW YORK (April 30): U.S. stocks gained ground on Monday and the yen surged amid suspected intervention as investors embarked on what promises to be an action-packed week.

All three major U.S. stock indexes ended green, extending Friday's rally at the onset of a week filled with high pr...

Wall St notches gain; yen surges, intervention suspected

Leicester City cruised to the Championship title with a 3-0 victory at mid-table Preston North End on Monday.

Leicester seal Championship crown with 3-0 win at Preston

Egyptian President Abdel Fattah al-Sisi received a phone call on Monday from US President Joe Biden to discuss the latest developments in negotiations over a ceasefire in Gaza and the dangers of a military escalation in Rafah, a statement from Egypt's presidency said.

US president holds separate calls with leaders from Qatar, Egypt over Gaza ceasefire talks

A Russian missile attack on an educational institution in a popular seafront park in the Ukrainian Black Sea port of Odesa on Monday killed at least four people and injured 32, local officials said.

Russian missile hits educational institution, kills four in Ukraine's Odesa

Canada's Scotiabank appointed on Monday banking veteran Travis Machen as the CEO and group head of its global banking and markets (GBM) unit, starting May 6.

Scotiabank names former Morgan Stanley exec as head of global banking, markets unit

Permodalan Kedah Bhd (PKB) has inked a memorandum of understanding (MOU) with Royal Eco Train Development, Republic of Korea (RETD Korea), for the Light Rail Transit (LRT) project in Langkawi.

Permodalan Kedah inks MOU with Korean firm for LRT in Langkawi

Following reports that over 100 KFC outlets have been temporarily closed after about half a year of boycott movement, QSR Brands (M) Holdings Bhd and KFC Holdings (M) Bhd (KFC Malaysia) said they suspended the operations of the outlets to manage increasing business costs amid challenging economic conditions, and to focus on high engagement trade zones.&nbsp;

QSR confirms temporary closure of KFC outlets, says it is to manage rising costs

KUALA LUMPUR (April 30): Here is a brief recap of some business news and corporate announcements that made the headlines on Monday (April 29):

QSR Brands and KFC Malaysia confirmed it suspended operations of its outlets to manage costs, amid news that over 100 of its outlets have ceased...

QSR Brands, Nestle, ViTrox, LPI Capital, Ajiya, YTL REIT, Tex Cycle, Gadang, HHRG, Sapura, MSC, Capital A, BSL, Oppstar

YNH Property Bhd on Monday made a belated announcement about transactions involving its 6.49-acre land in Segambut, which it had inked an agreement in September last year to sell for RM59.58 million but revoked last week to have Chin Hin&nbsp;Group Property Bhd develop the plot in return for at least RM52 million.

YNH makes belated announcement about transactions involving its Segambut land

Sapura Energy Bhd has landed a five-year contract from PTTEP Sabah Oil Ltd and PTTEP Sarawak Oil Ltd to provide underwater services.

Sapura Energy bags underwater service contract from Thai-owned PTTEP group

Here’s a quick look at some of the stories that made headlines today.

EVENING 5: Five things you need to know today

The regular market for US equities runs for 390 minutes on a standard trading day. But at the rate things are going, eventually the last 10 might be the only ones that matter.

Increasingly, only last 10 minutes of US stock trading matter

Kuala Lumpur Kepong Bhd (KLK) said that it had completed all reimbursements of recruitment and related fees in compliance with the group’s strict no-recruitment-fee policy.

KLK says it completed reimbursement of fees following unethical recruitment allegations

Kossan Rubber Industries Bhd has clarified that the fire at a paint factory in Meru Industrial Park, Klang on Monday (April 29) had no impact on operations at its rubber glove factories.

Fire outbreak at paint processing plant 'has nothing to do with Kossan Rubber Industries', says MD

YTL Hospitality REIT (YTL REIT) is planning to develop a hotel in Hokkaido, Japan, for an estimated total cost of RM199 million.

YTL REIT to develop a Moxy hotel in Hokkaido for RM199 mil

The Genting group companies' operations have recovered from the impact of the Covid-19 pandemic, and its earnings are expected to further grow, albeit more gradually, according to S&amp;P Global Ratings.

Elon Musk was in dire need of a quick win for Tesla Inc. If that meant flying to China a week after standing up Indian Prime Minister Narendra Modi, then so be it.

Musk’s trip to Beijing after India snub shows power of China

Saudi Arabia-based renewable energy giant ACWA Power has disclosed plans to collaborate with several strategic Malaysian partners in developing&nbsp;renewable energy projects across multiple states in Malaysia, said&nbsp;Prime Minister Datuk Seri Anwar Ibrahim.

ACWA Power eyes collaboration with strategic M'sian partners on renewable energy projects, says Anwar

The Malaysian government is committed to ensuring that investments made by the Armed Forces Fund Board (LTAT) in domestic and international companies yield consistent and robust returns, according to Defence Minister Datuk Seri Mohamed Khaled Nordin.

Govt committed to ensuring LTAT's investments yield consistent returns — minister

Printed circuit board (PCB) company BSL Corp Bhd saw Doris Wong Sing Ee emerge as its substantial shareholder after Wong acquired 97 million BSL shares, raising her stake in the company to 7.104%.

Metronic Global ED Doris Wong emerges as substantial shareholder of BSL

All routes along the Malaysia-Thailand border area in the districts of Tak Bai, Sungai Golok, and Weng have been temporarily closed following a bomb explosion and shooting incident that injured four police officers.

Malaysia-Thailand routes in Tak Bai, Sungai Golok, and Weng temporarily closed

AirAsia X Bhd’s (AAX) passenger load factor rose to 83% in the first quarter of this year (1Q2024), from 80% in the same period a year earlier, driven by robust travel demand.&nbsp;

AAX’s passenger load factor up at 83% in 1Q on robust travel demand

HHRG Bhd was slapped with a RM58.18 million suit by Ooi Chieng Sim, in relation to a loan given out by the former executive chairman to the company.&nbsp;

HHRG faces RM58 mil suit over alleged default of loan by ex-chairman

The implementation of the water tariff adjustment for domestic category as of Feb 1 this year, is vital to improve and enhance the country's water supply system.

Water tariff adjustment can help consolidate water supply system — Teo

The Penang Water Supply Corp (PBAPP) needs strong support from the Energy Transition and Water Transformation Ministry (Petra) to complete two components of its dam expansion project, its chief executive officer K Pathmanathan said.