<div class=newsTextDataWrapInner><p>LOS ANGELES (April 18): Alibaba Pictures Group Ltd agreed to invest in two Paramount Pictures movies as the Chinese company extends its foray into Hollywood.</p></div>

<div class=newsTextDataWrapInner><p>The unit of e-commerce giant Alibaba Group Holding Ltd will invest in&nbsp;<em>Teenage Mutant Ninja Turtles: Out of the Shadows</em>and&nbsp;<em>Star Trek Beyond</em>, which will be released in North America this summer, according to a statement on Monday. Financial terms weren’t disclosed.</p></div>

<div class=newsTextDataWrapInner><p>The deal is the latest example of Chinese funds flowing into Hollywood and builds on Alibaba’s relationship with the studio — the Chinese company invested in last year’s&nbsp;<em>Mission: Impossible — Rogue Nation</em>. The agreement also comes at a time that Paramount’s parent, Viacom Inc, is looking to sell a stake in the studio.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>China Film Group Corp and Huaxia Film Distribution Co will likely distribute the movies in China, where they will probably be released in the country in the second half of the year, according to the statement.</p></div>


LOS ANGELES (April 18): Alibaba Pictures Group Ltd agreed to invest in two Paramount Pictures movies as the Chinese company extends its foray into Hollywood.

The unit of e-commerce giant Alibaba Group Holding Ltd will invest in Teenage Mutant Ninja Turtles: Out of the Shadows

Alibaba to invest in Paramount's 'Star Trek', 'Ninja Turtles'

Five of the so-called “Bali Nine” prisoners were returned to Australia, more than 19 years after their arrests in a drug smuggling case that periodically damaged ties with Indonesia.

Remaining ‘Bali Nine’ prisoners back in Australia after 19 years

The Works Ministry (KKR) is projecting spending in the construction sector of RM200 billion, covering the government sector, government-linked companies (GLCs), government-linked investment companies (GLICs) and the private sector, next year.

Works Ministry sees construction spending hitting RM200b in 2025 

PKR president Datuk Seri Anwar Ibrahim on Sunday confirmed that preliminary discussions have taken place within the party regarding rumours of Tengku Datuk Seri Zafrul Abdul Aziz joining PKR.

Anwar confirms initial talks have taken place on Zafrul joining PKR

China's CNOOC Ltd has sold its US subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement issued on Saturday.

China's CNOOC sells US assets to Britain's Ineos

Thai Prime Minister Paetongtarn Shinawatra will make her first official visit to Malaysia on Monday to attend the 7th Malaysia-Thailand Annual Consultation to explore potential areas for further collaboration.

Thai PM to make official visit to Malaysia on Monday 

South Korea's acting president, Han Duck-soo, moved on Sunday to reassure the country's allies and calm financial markets a day after President Yoon Suk Yeol was impeached and suspended from his duties over a martial law attempt.

South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment 

The US Treasury has informed Japan's Nippon Steel that the panel reviewing its proposed US$14.9 billion (RM66.3 billion) purchase of US Steel has not yet come to an agreement on how to address security concerns, the Financial Times reported on Sunday.

US foreign investment panel split on Nippon-US Steel deal — report

The UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, according to a release on Sunday from the country’s Department for Business and Trade.

UK joins CPTPP trade pact as fully-fledged member

The founder and owner of fashion empire Mango, Isak Andic, died on Saturday in a mountain accident, police said. He was 71.

Mango fashion tycoon Andic dies in mountain accident

Selangor Menteri Besar Datuk Seri Amirudin Shari stressed that he will remain in the state until the end of this term to ensure the stability of the economy and the unity government.

Amirudin says will remain Selangor MB until end of term 

<p>PKR president Datuk Seri Anwar Ibrahim on Sunday confirmed that preliminary discussions have taken place within the party regarding rumours of Tengku Datuk Seri Zafrul Abdul Aziz joining PKR.</p>


<p>The founder and owner of fashion empire Mango, Isak Andic, died on Saturday in a mountain accident, police said. He was 71.</p>


<p>The Works Ministry (KKR) is projecting spending in the construction sector of RM200 billion, covering the government sector, government-linked companies (GLCs), government-linked investment companies (GLICs) and the private sector, next year.</p>


<p>China's CNOOC Ltd has sold its US subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement issued on Saturday.</p>


<p>Thai Prime Minister Paetongtarn Shinawatra will make her first official visit to Malaysia on Monday to attend the 7th Malaysia-Thailand Annual Consultation to explore potential areas for further collaboration.</p>


<p>Five of the so-called “Bali Nine” prisoners were returned to Australia, more than 19 years after their arrests in a drug smuggling case that periodically damaged ties with Indonesia.</p>


<p>The US Treasury has informed Japan's Nippon Steel that the panel reviewing its proposed US$14.9 billion (RM66.3 billion) purchase of US Steel has not yet come to an agreement on how to address security concerns, the <i>Financial Times</i> reported on Sunday.</p>


<p>The UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, according to a release on Sunday from the country’s Department for Business and Trade.</p>
