Alphabet Inc closed decisively above a US$2 trillion (RM9.54 trillion) market capitalisation for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence (AI).

Alphabet joins US$2 trillion club as results show AI strength

Candidates contesting the upcoming Kuala Kubu Bharu by-election, a semi-urban seat located in the Hulu Selangor district, have started executing their campaign strategies over the weekend. The by-election is being held following the demise of its incumbent, Lee Kee Hiong from DAP, on March 21 due to cancer.

The Week Ahead: Attention on KKB by-election, FOMC decision, trade data in Asia

Richly valued US stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report.

Lofty US stocks leave investors punishing earnings disappointments

Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.

The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.

Taiwan rattled by quakes again, no immediate reports of damage

Nomination for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Nomination opens at 9am for Kuala Kubu Baharu by-election

US regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp (FDIC) said on Friday, underscoring the challenges facing regional banks a year after the collapse of three peers.

US regulators seize troubled lender Republic First, sell it to Fulton Bank

Apple Inc has renewed discussions with OpenAI about using the start-up’s technology to power some new features coming to the iPhone later this year, according to people familiar with the matter.

Apple intensifies talks with OpenAI for iPhone generative AI features

The Perak government is expected to establish cooperation with Star Group Industries (SGI), a leading South Korean company with experience in the production of downstream products of rare earth elements (REE).

Perak to collaborate with rare earth elements company from South Korea, says MB

Global stocks were higher on Friday, as Big Tech gains lifted Wall Street shares, while Japan's yen sank to a 34-year low after the Bank of Japan (BOJ) kept monetary policy loose.

Global stocks gain on Big Tech lift; yen slides to 34-year low

The creation of Flexible Account 3 for anytime withdrawals from May 11 means Employees Provident Fund (EPF) members can choose to take out up to a third of the balance in their existing Wellbeing Account 2.

Who pays for anytime EPF withdrawals?

Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.

BCorp, Capital A, AAX, YNH, Sam Engineering, Turiya, Gadang, Microlink, Nestle, Wiradani, D&O, Homeritz, Unisem

The creation of Flexible Account 3 for anytime withdrawals from May 11 means Employees Provident Fund (EPF) members can choose to take out up to a third of the balance in their existing Wellbeing Account 2.

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EVENING 5: Five things you need to know today

China passed a law on Friday strengthening its trade defence capabilities as the US and the European Union take aim at Beijing over excess industrial capacity.

China passes tariff law amid tensions with trading partners

(April 26):&nbsp;HSBC Holdings Plc successfully fought off a London court&nbsp;claim&nbsp;brought by a group of investors in a £1.3 billion (US$1.6 billion) lawsuit over tax breaks linked to Walt Disney Co&nbsp;film financing.

HSBC wins £1.3 bil suit over Disney film finance scandal

KUALA LUMPUR (April 26):&nbsp;KPJ Healthcare Bhd, through its premier educational institution&nbsp;KPJ Healthcare University (KPJU),&nbsp;has entered into a memorandum of understanding (MOU) on Friday with Trusx Malaysia Sdn Bhd (Trustr), a global digital health organisation, as an initiative to revolutionise&nbsp;healthcare.

KPJ Healthcare, Trusx Malaysia collaborate for AI-driven healthcare solutions

KUB Malaysia Bhd has extended the deadline for its mandatory general offer for Central Cables Bhd (CCB) a second time to May 20 from April 30, according to its latest filing on Bursa Malaysia.

KUB extends deadline for CCB MGO a second time

Global&nbsp;stocks were higher on Friday, as Big Tech gains lifted Wall Street shares, while Japan's yen&nbsp;sank to a&nbsp;34-year low after the Bank of Japan (BOJ)&nbsp;kept&nbsp;monetary policy loose.

Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from Alphabet pushed its market value over US$2 trillion (RM9.5 trillion), while an in-line inflation reading calmed interest rate jitters.

Wall Street rises as Big Tech charges higher

FRANKFURT/BERLIN/PRAGUE (April 26): Thyssenkrupp&nbsp;will sell a 20% stake in its steel business to the energy holding controlled by Czech billionaire Daniel&nbsp;Kretinsky, a major breakthrough for the German conglomerate after years of unsuccessful attempts to divest the unit.

Thyssenkrupp sells stake in steel unit to Czech billionaire Kretinsky

The Perak government is expected to establish cooperation with Star Group Industries (SGI), a leading South Korean company with experience in the production of downstream products of rare earth elements (REE).

Richly valued US&nbsp;stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report.

US&nbsp;regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp (FDIC) said on Friday, underscoring the challenges facing regional banks a year after the collapse of three peers.

Nomination&nbsp;for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at&nbsp;the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Apple Inc&nbsp;has renewed discussions with OpenAI about using the start-up’s technology to power some new features coming to the iPhone later this year, according to people familiar with the matter.&nbsp;

Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.

The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.

Alphabet Inc&nbsp;closed decisively above a US$2 trillion (RM9.54 trillion) market capitalisation for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence (AI).

The Johor Baru-Singapore Rapid Transit System (RTS) Link’s station at Woodlands North and its connected Customs, Immigration and Quarantine (CIQ) facility will be about 10 times the size of a typical Mass Rapid Transit (MRT) station, Singapore's Land Transport Authority (LTA) said yesterday.

The information was released as Singapore's Transport Minister Ong Ye Kung officiated a ground-breaking ceremony that marked the start of the construction of the RTS Link at a project site situated along Admiralty Road West.

S’pore-Johor RTS Link station in Woodlands to be 10 times the size of typical MRT station

Those who have been around Robinsons long enough could sense that things were not looking good, but not Mr Andy Ng, a sales supervisor who has been there for just two years.

“We found out this morning during a meeting,” he said of the department store’s liquidation, which was announced on Friday (Oct 30). “I didn’t expect it.”

Tears flow, sadness prevails as Robinsons employees eye empty shelves, serve customers before closure

KUALA LUMPUR (Feb 28): Recent attacks against Malaysian tycoon Robert Kuok is a move by some elements within the ruling Barisan Nasional (BN) coalition to whip up anti-Chinese sentiments ahead of the country’s general election, say observers.

Mr Rashaad Ali, a researcher at Singapore’s ...

Billionaire Robert Kuok targeted by anti-Chinese whispers in run-up to M’sian elections

KUALA LUMPUR — Opposition Pakatan Harapan (PH) chairman Mahathir Mohamad said on Tuesday (Feb 27) that attacks by leaders from the ruling United Malays National Organisation (Umno) against Mr Robert Kuok are “insulting”, noting that the Malaysian tycoon is instead a “true patriot.”

“We ...

Dr Mahathir: Robert Kuok loyal to Malaysia, not political parties

KUALA LUMPUR (Jan 22): Opposition Pakatan Harapan (PH) chairman Mahathir Mohamad said on Monday (Jan 22) he had no intention of insulting nasi lemak sellers or drivers for ride-sharing services, following the furore over his remarks last week where he criticised the trend of tertiary graduates ea...

Mahathir: Selling nasi lemak, driving Uber remarks not meant as an insult

KUALA LUMPUR — Malaysia’s Prisons Department said on Thursday (Jan 11) that its fear of controversy led to its decision to bar former prime minister Mahathir Mohamad from visiting jailed opposition leader Anwar Ibrahim in hospital on Wednesday.

The department’s director-general Zulkifli...

Dr Mahathir-Anwar meeting ‘would have been controversial’, says Prisons Department

KUALA LUMPUR (Nov 20): In an apparent U-turn over a freeze on approvals for luxury property developments, Putrajaya on Monday (Nov 20) said the green light for such projects will still be given but on a case-by-case basis.

Works Minister Datuk Fadillah Yusof said although the decision w...

In a U-turn, Malaysia now says freeze on luxury development approvals not absolute

KUALA LUMPUR (Nov 8): A senior Indonesian leader has added to the chorus of voices demanding an apology from former Malaysian prime minister Mahathir Mohamad for calling Bugis descendants “pirates”.

Indonesian Vice-President Jusuf Kalla said Dr Mahathir has not only insulted the Bugis c...

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