This article first appeared in The Edge Financial Daily, on January 26, 2016.

 

KUALA LUMPUR: Prime Minister Datuk Seri Najib Razak said yesterday he had no regrets about introducing antiterrorism legislation to ensure the security of the country, despite the cri...

Najib: No apologies for antiterrorism laws

This article first appeared in The Edge Financial Daily, on January 18, 2016.

Azmin: PKR prefers straight fights, to focus on development

This article first appeared in The Edge Financial Daily, on January 5, 2016.

 

KUALA LUMPUR: Raids and seizures of e-cigarettes and vape products from retailers in Johor have been done according to the law, the Johor Baru City Council said, as more than a hundred...

Seizure of vape products lawful, says Johor authority

This article first appeared in The Edge Financial Daily, on December 29, 2015.

 

KUALA LUMPUR: Several vape retailers filed an injunction at the Kuala Lumpur High Court yesterday to obtain a ruling on the vaping industry, after the Kelantan and Johor governments ...

Retailers seek court judgement on vape ban

This article first appeared in The Edge Financial Daily, on December 23, 2015.

 

PUTRAJAYA: The government has formed a special committee to monitor and advise Yayasan Pembangunan Ekonomi Islam Malaysia (Yapeim), following a series of exposes by anti-graft organi...

‘New panel to draw up guidelines for Yapeim’

This article first appeared in The Edge Financial Daily, on December 22, 2015.

 

KUALA LUMPUR: The G25 group of influential Malays is inviting Muslim groups and associations in the country to join a “muzakarah” (discussion) on their different positions and unders...

G25 moots ‘muzakarah’ on common ground

This article first appeared in The Edge Financial Daily, on December 21, 2015.

 

KUALA LUMPUR: PAS is ready to forgive and forget Umno’s past as it is part of the Islamist party’s struggle, says PAS secretary-general Datuk Takiyuddin Hassan.

Speaking to...

‘PAS ready to forgive Umno’s past’

KUALA LUMPUR (Dec 9): The Monday rally by staunch critics of Datuk Seri Najib Razak appears to have had little effect on Umno leaders and divisional delegates, who last night rallied around the embattled president and prime minister, helping to ensure a trouble-free party annual general assembly ...

Muhyiddin’s sting fails, Umno leaders rally around Najib

(Dec 8): Umno's estranged deputy president Tan Sri Muhyiddin Yassin was not among those seen tonight at the traditional pre-council presidential briefing given by Datuk Seri Najib Razak at the party headquarters in Putra World Trade Centre (PWTC) in Kuala Lumpur.

But Umno vice-president...

Muhyiddin not seen at Umno pre-council meet

(Dec 3): Action was taken against The Edge's publications by suspending its publishing permit for three months because it printed articles that could threaten peace and order in the country, Datuk Seri Ahmad Zahid Hamidi said in a written parliamentary reply.

The home minister also said...

The Edge threatens peace and order, says Zahid on suspension

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?

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

FRANKFURT/BERLIN/PRAGUE (April 26): Thyssenkrupp will sell a 20% stake in its steel business to the energy holding controlled by Czech billionaire Daniel 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

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

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

HSBC wins £1.3 bil suit over Disney film finance scandal

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

EVENING 5: Five things you need to know today

KUALA LUMPUR (April 26): KPJ Healthcare Bhd, through its premier educational institution KPJ Healthcare University (KPJU), 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 healthcare.

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

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

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KNM Group Bhd said it is seeking court sanction for a new scheme of arrangement with its creditors. The PN17 group is also seeking a further extension of time to submit its regularisation plan.

KNM seeks fresh scheme of arrangement with creditors

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.

US monthly inflation rose moderately in March, but stubbornly higher housing and transportation costs suggested the Federal Reserve could keep interest rates elevated for a while.

US inflation rises in line with expectations; consumer spending strong

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.

(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.

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.

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

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.

US equity funds registered their fourth successive weekly outflows in the week ended April 24, hit by fading expectations for rate cuts this year.

US equity funds see fourth straight week of outflows amid rate cut reassessment

HULU SELANGOR (April 28): The Ministry of Health (MOH) stands by its decision to amend the Medical Act 1971 (Act 50) to bridge the gap between the parallel pathway programme (PPP) and the local medical degree programme, despite objections from some parties.

Health Ministry stands by decision to amend Medical Act 1971

Fast-fashion firm&nbsp;Shein&nbsp;has been drawn under the scope of flagship&nbsp;European Union (EU) rules designed to clamp down on illegal and harmful content online, aimed at stopping the spread of counterfeit items on the platform.

EU hits fast-fashion giant Shein with new digital rules

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.

HOUSTON/BENGALURU (April 26): Oil giant&nbsp;Chevron&nbsp;Corp&nbsp;beat estimates for first-quarter profit on Friday, as higher production volumes&nbsp;in the US&nbsp;helped offset a hit from weak natural gas prices&nbsp;and fuel margins.

Chevron posts 1Q profit beat with oil production gains

WASHINGTON (April 26):&nbsp;Ukrainian President Volodymyr Zelenskiy called on Friday for additional air defence systems to be sent to Kyiv to help protect against Russian strikes, adding that a pause in US&nbsp;funding had helped Moscow seize the initiative.

Ukraine's Zelenskiy calls for air defence systems as allies meet

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.

A weekly round-up of tanker and dry bulk market (April 26, 2024)

Mohd Farhan Darwis

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