<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 2): Petronas Gas Bhd (PetGas) has appointed Adnan Zainol Abidin (filepix) as its new chairman effective today.</p></div>

<div class=newsTextDataWrapInner><p>The group said in a stock exchange filing that Adnan takes over from Adif Zulkifli, who resigned after being appointed as executive vice-president and CEO of upstream business at Petroliam Nasional Bhd (Petronas) in October last year.</p></div>

<div class=newsTextDataWrapInner><p>Adnan, meanwhile, was made the executive vice-president and CEO of gas and new energy business at Petronas in October 2019.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Adnan, 58, has been with the national oil company for more than 35 years since joining in 1984, according to the filing.</p></div>

<div class=newsTextDataWrapInner><p>Prior to this most recent appointment, he served as its senior vice-president of project delivery and technology since April 2019.</p></div>

<div class=newsTextDataWrapInner><p>Shares in&nbsp;PetGas ended 1.07% or 18 sen higher at RM16.98 today, for a market capitalisation of RM33.6 billion.</p></div>

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KUALA LUMPUR (July 2): Petronas Gas Bhd has appointed Adnan Zainol Abidin (filepix) as its new chairman, effective today.

Adnan Zainol Abidin is PetGas chairman

KUALA TERENGGANU (Jan 30): A vegetable trader lost RM214,700 after being duped by a fraudulent investment scheme advertised on Facebook.

Woman loses over RM200,000 to fake investment scam

KUCHING (Jan 30): The number of flood victims in Sarawak almost doubled as of 8am on Thursday, when 5,385 people from 1,505 families sought shelter at temporary relief centres, compared to 2,981 people from 862 families on Wednesday night.

Sarawak floods: Number of victims almost doubles to 5,385

(Jan 30): SoftBank Group Corp is in discussions to invest as much as US$25 billion (RM109.75 billion) in OpenAI, in a move that would potentially make it the artificial intelligence (AI) startup’s biggest backer.

SoftBank in talks to invest up to US$25b in OpenAI — Bloomberg

TOKYO (Jan 30): Asian share markets were mixed in thin trading on Thursday, as much of the region was on holiday for the Lunar New Year, while the US dollar trod water after the Federal Reserve signalled a pause in policy easing.

Asia stocks mixed, dollar steady as traders consider Fed rate pause

Being a top banker in the nation’s most important government-owned bank is a privileged position. Doors open as one wanders through the corridors of power, gourmet lunches served as the inner workings of politics and business are laid bare. A nod, a smile or the calculated silence — what more a s...

My Say: A top banker’s rare candid view of seven missed opportunities for the nation

MEXICO CITY (Jan 29): Meta Platforms on Wednesday said it has agreed to pay about US$25 million (RM109.75 million) to settle a lawsuit by President Donald Trump over the company's suspension of his accounts after the Jan 6, 2021, attack at the US Capitol.

Meta to pay US$25m to settle Trump's 2021 lawsuit over suspended accounts

Meta Platforms META.O beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how its bets on pricey artificial intelligence-powered tools are paying off.

The Facebook and Instagram parent company expects first quarter revenue between $39.5 billion and $41.8 billion, compared with analysts' average estimate of $41.72 billion, according to data compiled by LSEG.

Meta sends mixed signals as quarterly sales beat estimates but outlook muted

Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more than 5% as investors worry about big spending, elusive artificial intelligence revenue and growing competition from cheaper AI models from China.

Microsoft shares slide as cloud forecast, AI spending disappoint

(Jan 30): Stocks slipped and short-dated bond yields rose, though both pared bigger moves as early concern that the US Federal Reserve was growing more worried about inflation got tamped down by chair Jerome Powell.

Stocks fall on Fed day as tech mixed in late hours

The Bank of Japan made a significant step toward shrinking its massive balance sheet last week, while market watchers were fixated on the biggest interest rate increase from the central bank in 18 years. 

The BOJ decided on Friday to offer no new lending from July under its fund-provisioning program to stimulate bank lending.

BOJ to slice almost $500 billion off balance sheet with QT move

<p>MILAN/ROME/DUBLIN/BERLIN (Jan 29): The Chinese artificial intelligence (AI) app DeepSeek could not be accessed on Wednesday in Apple and Google app stores in Italy, the day after the country's data protection authority requested information on its use of personal data.</p>


DeepSeek blocked on Apple and Google app stores in Italy

<p>(Jan 29): Thailand expects to complete its first high-speed rail network linking the country to China through Laos in 2030, a long-delayed project officials have touted as key to furthering bilateral relations and trade between the two nations.</p>


Thai high-speed rail linking Bangkok to China eyes 2030 opening

<p>WASHINGTON (Jan 29): The US&nbsp;trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial supplies and consumer goods, in anticipation of broad tariffs from President Donald Trump's new administration.</p>


Record US goods trade deficit seen cutting into fourth-quarter GDP growth

<p>TOKYO (Jan 30): Asian share markets were mixed in thin trading on Thursday,&nbsp;as much of the region was on holiday for the Lunar New Year, while the US dollar trod water after the Federal Reserve signalled a pause in policy easing.</p>


<p>NEW YORK/BENGALURU (Jan 29): The S&amp;P 500 and the Nasdaq slipped on Wednesday, as losses in tech heavyweights Apple and Nvidia pressured broader gains and as cautious investors braced for the US&nbsp;Federal Reserve's interest-rate decision, expected later in the day.</p>


Tech majors drag on S&P 500, Nasdaq as Fed's rate verdict looms

<p>BRUSSELS (Jan 29): The European Commission presented on Wednesday its plans to reverse industrial decline in the bloc, and step up efforts to compete with the United States and China in new fields such as artificial intelligence (AI), to lower energy costs, and to cut red tape.</p>


EU points way to competitive future to catch US, China rivals

<p>The Bank of Japan made a significant step toward shrinking its massive balance sheet last week, while market watchers were fixated on the biggest interest rate increase from the central bank in 18 years.&nbsp;</p>

<p>The BOJ decided on Friday to offer no new lending from July under its fund-provisioning program to stimulate bank lending.</p>


<p>(Jan 30): SoftBank Group Corp&nbsp;is in discussions to invest as much as US$25 billion (RM109.75 billion) in OpenAI, in a move that would potentially make it the artificial intelligence (AI) startup’s biggest backer.</p>


<p>(Jan 30):&nbsp;Stocks slipped and short-dated bond yields rose, though both pared bigger moves as early concern that the US Federal Reserve was growing more worried about inflation got tamped down by chair Jerome Powell.</p>


<p>Microsoft&nbsp;on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more than 5% as investors worry about big spending, elusive artificial intelligence revenue and growing competition from cheaper AI models from China.</p>


<p>Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are for the foreseeable future, pointing to a number of reasons why he and his colleagues expect to take their time before lowering borrowing costs again.</p>

<p>Chief among them: the wide uncertainty over how President Donald Trump’s policies — in areas such as immigration, tariffs, fiscal policy and regulation — could upend their expectations for the economy.</p>


Powell signals Fed on hold as Trump’s economic policies take shape

<p>Meta&nbsp;Platforms&nbsp;META.O&nbsp;beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how its bets on pricey artificial intelligence-powered tools are paying off.</p>

<p>The Facebook and Instagram parent company expects first quarter revenue between $39.5 billion and $41.8 billion, compared with analysts' average estimate of $41.72 billion, according to data compiled by LSEG.</p>


<p>Being a top banker in the nation’s most important government-owned bank is a privileged position. Doors open as one wanders through the corridors of power, gourmet lunches served as the inner workings of politics and business are laid bare. A nod, a smile or the calculated silence — what more a s...

<p>MEXICO CITY (Jan 29): Meta Platforms on Wednesday said it has agreed to pay about US$25 million (RM109.75 million) to settle a lawsuit by President Donald Trump over the company's suspension of his accounts after the Jan&nbsp;6, 2021, attack at the US&nbsp;Capitol.</p>


<p>KUCHING (Jan 30): The number of flood victims in Sarawak almost doubled as of 8am on Thursday, when 5,385 people from 1,505 families sought shelter at temporary relief centres, compared to 2,981 people from 862 families on Wednesday night.</p>


<p>KUALA TERENGGANU (Jan 30): A&nbsp;vegetable trader lost RM214,700 after being duped by a fraudulent investment scheme advertised on Facebook.</p>
