<div class=newsTextDataWrapInner>KUALA LUMPUR (Jan 9): Reneuco Bhd said the collaboration between its wholly owned subsidiary Reneuco International (L) Ltd, formerly known as KPower International (L) Ltd, and Indonesia’s Nusantara Capital City (IKN) Authority is non-binding.</div>

<div class=newsTextDataWrapInner>“The LOI (letter of intent) shall not be constituted as a binding contract between parties and only to indicate the possibility to collaborate and form a strategic partnership for the development of sustainable energy and utilities services and is intended to set out the framework and basis for further negotiation and discussion,” it said in a filing with Bursa Malaysia on Monday (Jan 9).</div>

<div class=newsTextDataWrapInner>Reneuco said its intention in Indonesia is to explore an investment opportunity with the IKN Authority to collaborate on the development of sustainable energy and utilities services in Indonesia.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

Reneuco Bhd said the collaboration between its wholly owned subsidiary Reneuco International (L) Ltd, formerly known as KPower International (L) Ltd, and Indonesia’s Nusantara Capital City (IKN) Authority is non-binding.

Reneuco: LOI in Indonesia is non-binding

SINGAPORE (May 6): Oil futures edged up on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil producing region.

Brent crude futures climb...

Oil nudges higher after Saudi Arabia hikes prices

BMI, a Fitch Solutions company, said Malaysia's deepwater explorations are expected to accelerate as more investments are directed towards under-explored areas.

BMI: Deepwater exploration in Malaysia gathers momentum

OMAHA, Neb (May 5): The new chief executive of Brooks Running said the running shoe maker owned by Warren Buffett's Berkshire Hathaway views China and Europe as growth areas for a business that generates most revenue in the U.S.

Dan Sheridan, who became chief executive on April 26,...

Berkshire's Brooks running CEO sees China, Europe as growth areas

Australia’s housing rental value hit a fresh record in April with some cities seeing renewed growth momentum, a troubling sign for the Reserve Bank that’s likely to leave borrowing costs at a 12-year high this week to stave off price pressures.

Australia’s housing rent hits record high in headache for central bank

Phillip Capital has initiated coverage on T7 Global Bhd with a “buy” rating at 53 sen and a target price of 68 sen.

Phillip Capital starts coverage on T7 Global, target price 68 sen 

The FBM KLCI’s uptrend has been relentless since mid-April as accumulation on blue chips by both local institutions and foreign funds continues, according to Rakuten Trade.

Banks, construction to be in focus as FBM KLCI could test 1,600 soon, says Rakuten Trade 

EQT AB agreed to buy technology consultant Perficient Inc in a deal valued at about US$3 billion (RM14.22 billion) including debt.

EQT to buy tech consultant Perficient in US$3b deal

Across much of the developed world, one of the most dependable drivers of economic growth is faltering.

For decades, the rapid inflow of migrants helped countries including Canada, Australia and the UK stave off the demographic drag from aging populations and falling birth rates.

Global housing shortages are crushing immigration-fuelled growth

Brighton & Hove Albion snapped a six-match winless run in the Premier League when they beat Aston Villa 1-0 at home on Sunday after Joao Pedro scored an 87th-minute winner in a scrappy affair.

Brighton edge Villa 1-0 to snap winless run

Manchester United centre back Harry Maguire is expected to be sidelined for the remainder of the Premier League season with a muscle injury he sustained in training, the club said on Sunday, which could rule him out of the FA Cup final.

Man Utd's Maguire expected to miss three weeks with muscle injury

The FBM KLCI’s uptrend has been relentless since mid-April as accumulation on blue chips&nbsp;by both local institutions and foreign funds continues, according to Rakuten Trade.

Across much of the developed world, one of the most dependable drivers of economic growth is faltering.

For decades, the rapid inflow of migrants helped countries including Canada, Australia and the UK stave off the demographic drag from aging populations and falling birth rates.

Phillip Capital has initiated coverage on T7 Global Bhd with a “buy” rating at 53 sen and a target price of 68 sen.

EQT AB agreed to buy technology consultant Perficient Inc in a deal valued at about US$3 billion (RM14.22 billion) including debt.

Republican presidential candidate Donald Trump accused Democratic rival President Joe Biden of running a "Gestapo administration" in a private address to donors in which he also attacked prosecutors involved in his criminal indictments, according to a recording heard by US media outlets.

Trump accuses Biden of running 'Gestapo administration'

Los Angeles police cleared a pro-Palestinian encampment at the University of Southern California (USC) without making arrests on Sunday following turmoil at universities across the US over the Israel-Hamas war.

LA police clear University of Southern California pro-Palestinian encampment, make no arrests

Brighton &amp; Hove Albion snapped a six-match winless run in the Premier League when they beat Aston Villa 1-0 at home on Sunday after Joao Pedro scored an 87th-minute winner in a scrappy affair.

Australia’s housing rental value hit a fresh record in April with some cities seeing renewed growth momentum, a troubling sign for the Reserve Bank that’s likely to leave borrowing costs at a 12-year high this week to stave off price pressures.

Manchester United centre back Harry Maguire is expected to be sidelined for the remainder of the Premier League season with a muscle injury he sustained in training, the club said on Sunday, which could rule him out of the FA Cup final.

Prospects for a Gaza ceasefire appeared slim on Sunday as Hamas reiterated its demand for an end to the war in exchange for the freeing of hostages, and Israeli Prime Minister Benjamin Netanyahu flatly ruled that out.

Gaza truce hopes slim; Hamas officials leaving Cairo but returning on Tuesday

Since announcing in January he would leave the team at the season's end, Liverpool's much-loved manager Juergen Klopp has been asked after virtually every good result whether that was enough to make him consider staying one more year.

No second thoughts for departing Klopp after thrilling Spurs victory

West Ham United manager David Moyes said his side lacked leadership and mental toughness in a 5-0 away thrashing at the hands of Chelsea in the Premier League on Sunday.

West Ham's Moyes says players must take responsibility after 5-0 thrashing

Building on its near 20-year partnership with Lancaster University and in support of its esteemed collaborations with Harvard, Oxford, Cambridge and MIT, Sunway University is now proud to announce its newest partnership with Arizona State University (ASU). This illustrious portfolio of partnerships continues to highlight Sunway’s ongoing commitment to providing students with exceptional educational opportunities.

Sunway’s breakthrough partnership brings the US’ most innovative education to Malaysia

A superb late brace by substitute Stina Blackstenius gave Arsenal a 2-1 win over Manchester City that re-ignited the Women's Super League on Sunday, throwing a lifeline to Chelsea in a title race that had appeared to be done and dusted.

Arsenal stun Man City 2-1 in WSL, Chelsea back in title hunt

BMI, a Fitch Solutions company, said Malaysia's deepwater explorations are expected to accelerate as more investments are directed towards under-explored areas.

OMAHA, Neb (May 5): The new chief executive of Brooks Running said the running shoe maker owned by Warren Buffett's Berkshire Hathaway&nbsp;views China and Europe as growth areas for a business that generates most revenue in the U.S.

Dan Sheridan, who became chief executive on April 26,...