<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 2): Bertam Alliance Bhd, a Practice Note 17 (PN17) company, said it is still working towards a plan to regularise its financial condition.</p></div>

<div class=newsTextDataWrapInner><p>"The board at this stage cannot determine if the regularisation plan will result in a significant change of business direction or policy of the company," it told Bursa Malaysia in a filing today.</p></div>

<div class=newsTextDataWrapInner><p>Bertam is required to submit its regularisation plan to the relevant authorities by April 3, 2019, which is approximately nine months from now.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"The company will make the necessary announcement on the regularisation plan in accordance with the requirements under PN17," it added.</p></div>

<div class=newsTextDataWrapInner><p>On April 4, Bertam was classified as a PN17 company after Bursa rejected its application for a waiver after taking into consideration the winding-up order against its wholly-owned unit Bertam Development Sdn Bhd, which accounts for at least half of the company's total assets.</p></div>

<div class=newsTextDataWrapInner><p>Bertam shares were untraded today. It last closed at 26 sen on June 29.</p></div>


KUALA LUMPUR (July 2): Bertam Alliance Bhd, a Practice Note 17 (PN17) company, said it is still working towards a plan to regularise its financial condition.

"The board at this stage cannot determine if the regularisation plan will result in a significant change of business direction or...

Bertam Alliance says still working on regularisation plan

Chinese President Xi Jinping highlighted pressures facing China’s employment market in a newly published speech that painted a turbulent time for the world’s No 2 economy, as officials try to arrest a growth slowdown.

Xi highlights China's employment woes in speech published before US vote

(Oct 31): Amazon's push to offer more everyday essentials like toothpaste is hurting its average selling prices (ASPs), but it is also a guard against rivals such as Temu and Shein, who offer rock bottom prices on goods they ship from China.

Amazon’s plan to tackle Temu, Shein? Sell more toothpaste

Canada’s largest pension fund and Singapore’s GIC Pte Ltd are in advanced talks to back PSG Equity’s plan to transfer US$1.8 billion (RM7.9 billion) of company stakes into a new vehicle designed specifically for this type of asset-shifting.

Singapore's GIC, Canadian pension fund could back PSG Equity's US$1.8b asset shuffle — Bloomberg

BENGALURU (Nov 1): Global economic growth will maintain its robust pace next year, as major central banks implement a series of interest rate cuts against the backdrop of a strong US economy, according to a Reuters poll of around 500 economists.

Global economy set to cruise at a solid 3% growth rate next year — Reuters poll

Warren Buffett’s Berkshire Hathaway Inc continues adding to his stake in satellite-radio broadcaster Sirius XM Holdings Inc.

Buffett buys more Sirius XM as Berkshire’s stake climbs to 33%

Shares of British American Tobacco (Malaysia) Bhd (KL:BAT) rose on Friday and may be headed for their best day in over five months, after the cigarette company reported better-than-expected quarterly results.

BAT Malaysia shares rise after 3Q earnings beat expectations

Boeing Co and union leaders representing 33,000 striking workers reached a tentative agreement to end a lengthy labour dispute that’s crippling the company’s commercial airplane manufacturing.

Boeing union endorses latest offer to end crippling strike

SINGAPORE (Nov 1): Oil prices extended gains on Friday, climbing more than US$1 (RM4.37) a barrel (bbl) to pare weekly losses, as geopolitical tensions in the Middle East rose following reports that Iran was preparing a retaliatory strike on Israel from Iraq in the coming days.

Oil climbs more than US$1/bbl on reports Iran preparing to strike at Israel

Scandals are mounting at Nomura Holdings Inc, threatening to derail a turnaround plan at Japan’s biggest brokerage just as it’s beginning to bear fruit.

Chief executive officer Kentaro Okuda and other top managers agreed on Thursday to take a pay cut after the firm admitted an employee manipulated the bond market, prompting several firms to stop trading with the brokerage. Less than an hour later, a local news agency reported that a former Nomura worker was arrested on suspicion of robbery and attempted murder of elderly clients.

Japan's Nomura woes deepen with trading scandal, attempted murder arrest

MILAN, (Oct 31): Reduced shipments and lower pricing power slashed Stellantis revenue by 27% in the third quarter, the automaker said as it seeks to fix bloated inventories and poor commercial performance that led to a major profit warning last month.

The result published on Thursd...

Stellantis revenue slides as automaker cuts bloated inventories

<p>A US$6.4 trillion (RM28.0 trillion) foreign-exchange (forex) reserve pile in Asia is giving investors confidence that central banks have the ammunition to fight the dollar’s strength stemming from the US presidential election.</p>


A US$6 tril forex pile is Asia’s shield from resurgent dollar

<p>UK bonds tumbled, extending a selloff triggered this week by the Labour government’s plans for borrowing and fiscal stimulus over the coming years.</p>

<p>Short-dated notes led the drop as the market priced in tighter monetary policy from the Bank of England (BOE) — a response to what many investors consider to be an inflationary budget unveiled by Chancellor of the Exchequer Rachel Reeves on Wednesday.</p>


UK bond selloff deepens as Reeves’ budget worries investors

<p>Investors’ pullback from US tech stocks on lacklustre corporate results extended into Asia on Friday, weighing on the region’s major markets. Oil rallied on fresh Middle East concerns.</p>


Asian equities echo US declines as tech stocks hit

<p>Apple Inc, heading into its most critical sales period of the year, sparked fresh concerns about revenue growth and lingering weakness in an intensely competitive China market.</p>


Apple disappoints investors with tepid forecast, China weakness

<p>Shares of British American Tobacco (Malaysia) Bhd (KL:BAT) rose on Friday and may be headed for their best day in over five months, after the cigarette company reported better-than-expected quarterly results.</p>


<p>Malaysia's manufacturing sector conditions remained soft in October, as firms scaled back production amid muted demand, S&amp;P Global said on Friday.</p>


Malaysia's manufacturing activity still soft in October amid muted demand, PMI data show

<p>Wall Street traders hoping for a clear direction on stocks after Thursday’s selloff didn’t get that in late hours amid a mixed bag of earnings from a pair of tech heavyweights.</p>


US stocks mixed as Apple down; Amazon up on earnings

<p>Marathon Oil Corp, which is being acquired by larger rival ConocoPhillips, this week said it would lay off more than 500 workers in Texas, according to a filing with the Texas Workforce Commission.</p>


Marathon Oil to dismiss over 500 workers in Texas ahead of ConocoPhillips deal

<p>Scandals are mounting at Nomura Holdings Inc, threatening to derail a turnaround plan at Japan’s biggest brokerage just as it’s beginning to bear fruit.</p>

<p>Chief executive officer Kentaro Okuda and other top managers agreed on Thursday to take&nbsp;a pay cut&nbsp;after the firm admitted an employee manipulated the bond market, prompting several firms to stop trading with the brokerage. Less than an hour later, a local news agency reported that a former Nomura worker was arrested on suspicion of robbery and&nbsp;attempted murder&nbsp;of elderly clients.</p>


<p>SINGAPORE (Nov 1): Oil prices extended gains on Friday, climbing more than US$1 (RM4.37) a barrel (bbl) to pare weekly losses, as geopolitical tensions in the Middle East rose following reports that Iran was preparing a retaliatory strike on Israel from Iraq in the coming days.</p>


<p>OpenAI is adding a new set of search features to&nbsp;its flagship product&nbsp;ChatGPT, escalating the artificial intelligence (AI) startup’s challenge to Alphabet Inc’s Google.</p>


OpenAI brings search features to ChatGPT in challenge to Google

<p>Macquarie Group Ltd’s profit fell short of analyst estimates as subdued volatility weighed on its key commodities and global markets business. The stock opened 4.3% lower.&nbsp;</p>


Australia’s Macquarie dips on profit miss due to weak markets

<p>Waymo, Alphabet Inc’s autonomous driving unit, was valued at more than US$45 billion (RM196.89 billion), including its latest round of financing, according to people familiar with the matter.</p>


Alphabet’s autonomous driving unit Waymo valued above US$45b after funding — Bloomberg

<p>North Korea flexed its military muscle with the test of a huge new solid-fuel intercontinental ballistic missile (ICBM)&nbsp;dubbed Hwasong-19, state media said on Friday, amid international uproar over its troops deployed to aid Russia in Ukraine.</p>


North Korea says record test was new Hwasong-19 intercontinental ballistic missile

<p>Boeing Co&nbsp;and union leaders representing 33,000 striking workers reached a tentative agreement to end a lengthy labour dispute that’s crippling the company’s commercial airplane manufacturing.</p>


<p>Warren Buffett’s Berkshire Hathaway Inc&nbsp;continues adding to his stake in satellite-radio broadcaster Sirius XM Holdings Inc.</p>


<p>Chinese President Xi Jinping highlighted pressures facing China’s employment market in a newly published speech that painted a turbulent time for the world’s No&nbsp;2 economy, as officials try to arrest a growth slowdown.</p>


<p>MILAN, (Oct 31): Reduced shipments and lower pricing power slashed Stellantis&nbsp;revenue by 27% in the third quarter, the automaker said as it seeks to fix bloated inventories and poor commercial performance that led to a major profit warning last month.</p>

<p>The result published on Thursd...

<p>（吉隆坡1日讯）英美烟草（British American Tobacco (Malaysia) Bhd）（KL:BAT）的季度业绩优于预期，刺激股价今早走高，并有望创下5个多月以来的最佳单日表现。</p>


第三季盈利超出预期 刺激英美烟草走高

<p>Canada’s largest pension fund and Singapore’s GIC Pte Ltd are in advanced talks to back PSG Equity’s plan to transfer US$1.8 billion (RM7.9 billion) of company stakes into a new vehicle designed specifically for this type of asset-shifting.</p>
