<div class=newsTextDataWrapInner>Lim Liang Song has been appointed CEO, Changi Airports International wef May 3 
Work experience: Principal, Indigo Partners; VP, company planning, Singapore Airlines</div></div><div class=inPageAd id=div-gpt-ad-inpage>

Lim Liang Song has been appointed CEO, Changi Airports International wef May 3
Work experience: Principal, Indigo Partners; VP, company planning, Singapore Airlines

Changi Airport Group - Corporate moves 

Delta Air Lines Inc expects its full-year profit to be at or above the midpoint of its prior guidance, excluding the impact of a midsummer computer system outage, suggesting the carrier doesn’t see much lingering impact from a glitch that led to thousands of flight cancellations.

Delta sees annual profit trending higher despite tech outage

Harvey Weinstein has been hit with new criminal charges in New York, a prosecutor said in court on Thursday, as the Manhattan district attorney's office prepares to retry the former movie mogul following the reversal of his rape conviction.

Harvey Weinstein charged in New York with additional crimes, says prosecutor 

Analysts are keeping a close eye on RHB Bank Bhd’s (KL:RHBBANK) ongoing  bancassurance dispute with Tokio Marine Life Insurance Malaysia Bhd, voicing hope that the matter does not end up being a drawn-out affair.

RHB, Tokio Marine locked in stalemate over bancassurance agreement

UniCredit SpA’s investment in Commerzbank AG shouldn’t have come as a surprise to the relevant parties, the Italian lender’s chief executive officer Andrea Orcel said in a bid to address some concerns after disclosing a 9% stake in the German bank.

Germany knew UniCredit had Commerzbank stake, says Orcel 

Wheat futures jumped as much as 2.2% after Ukraine said Russia hit a grain ship with a missile.
 
President Volodymyr Zelenskiy said on Telegram a ship carrying wheat to Egypt was struck as soon as it left Ukrainian waters.

Wheat hits two-month high after Ukraine says Russian missile strikes ship

Wall Street was little changed on Thursday after hot producer prices data kept a smaller 25-basis point interest rate cut by the Federal Reserve firmly on the table, while vaccine maker Moderna's shares slumped following a downbeat revenue forecast.

Wall Street muted as hot PPI keeps smaller rate cut in view; Moderna slumps

Gold climbed to a record after another faster-than-forecast US inflation print and an uptick in applications for unemployment benefits substantiated bets that the Federal Reserve will cut interest rates next week.

Gold climbs to a record as US data bolster Fed rate cut case

US producer prices picked up only slightly in August after the previous month’s numbers were revised lower, and categories that feed into the Federal Reserve’s preferred inflation gauge were muted.

US producer prices pick up slightly after downward revisions

Retail trading platform eToro will stop offering nearly all cryptocurrencies to its customers as part of a settlement with the US Securities and Exchange Commission, the regulator said Thursday.

eToro to shut down nearly all crypto trading in settlement with US SEC

Tesco was not entitled to terminate some employees' contracts and offer to rehire them on less favourable terms, the United Kingdom's Supreme Court ruled on Thursday.

Tesco loses UK legal battle over 'fire and rehire' of staff 

SUBANG (Sept 12): SIA Engineering Co Ltd (SIAEC), the maintenance, repair and overhaul (MRO) arm of Singapore Airlines Ltd, said less than 10% of its new hires in the country came from Malaysia Airlines’ engineering arm.

Less than 10% of our technical staff are from Malaysia Airlines, says SIA’s engineering unit amid poaching concerns

Oil and gas exploration and production group Hibiscus Petroleum Bhd (KL:HIBISCS) is proposing an additional one sen dividend per share for the financial year ended June 30, 2024 (FY2024).

Hibiscus raises FY2024 dividend to 8.5 sen, sees at least 8 sen payout for FY2025

Maybank Investment Bank (Maybank IB) advised investors to refocus on property stocks with solid fundamentals and proven execution capabilities amid enthusiasm around the Johor-Singapore Special Economic Zone (JS-SEZ).

Refocus on property stocks with strong fundamentals amid Johor-Singapore SEZ excitement — Maybank IB

Selection of the technology provider for the Kuala Lumpur-Singapore high-speed rail (HSR) is still open, said MyHSR Corporation Sdn Bhd chief executive officer Datuk Mohd Nur Ismal Mohamed Kamal.

Selection still open for KL-Singapore high-speed rail technology provider — MyHSR CEO

Any decision&nbsp;on the proposal to make&nbsp;halal certification mandatory for all restaurants and food operators is under the jurisdiction of the Conference of Rulers, according to Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

He said the&nbsp;issue should not be turned into polemics, as it is still in the proposal phase and had yet to become&nbsp;a permanent policy.

Conference of Rulers to have final say on mandatory halal certification, says Zahid

IOI Properties Group Bhd (KL:IOIPG) is going to launch its IOI Industrial Park at Banting, Selangor by the second quarter of next year and is planning another one in Melaka that is expected to be launched two quarters later.

IOI Properties plans more industrial parks as it eyes 20% revenue contribution from the segment

Chin Hin Group Bhd (KL:CHINHIN)’s founder Datuk Seri Chiau Beng Teik has ceased to be a substantial shareholder in NCT Alliance Bhd (KL:NCT) after selling a 3.58% stake in the construction and property development company.

Chin Hin founder Chiau Beng Teik ceases to be substantial shareholder in NCT Alliance

Financial fraud investigator Richard Templeman said 1Malaysia Development Bhd (1MDB) has only paid Aabar Investment PJS Ltd, also known as the fake Aabar, US$2.2 billion and not US$3.5 billion as the fund claimed, based on his own findings.

Fraud investigator says 1MDB only paid US$2.2 bil to fake Aabars, not US$3.5 bil

WTEC Group Bhd, a foam and fabric products maker, filed for an initial public offering (IPO) on the ACE Market to raise funds for acquisition of a new, larger factory in Selangor.

Foam products maker WTEC Group files for IPO on ACE Market

First-half earnings in Asia showed how the ripple effects of the Red Sea crisis will continue to be costly for companies that make goods for export, while those that transport their wares benefit from higher freight rates.

Red Sea crisis produces winners and losers in Asia as freight rates spike

China has strongly advised its carmakers to make sure advanced electric vehicle (EV) technology stays in the country, people familiar with the matter said, even as they build factories around the world to escape punitive tariffs on Chinese exports.

Chinese carmakers advised to keep key EV technology at home — Bloomberg

The Road Transport Department (JPJ) seized 21 luxury multi-purpose vehicles (MPVs) used for operating illegal taxi services during a special operation against illegal taxis conducted in the Klang Valley from Sept 2 to 6.

JPJ seizes 21 luxury MPVs in crackdown on illegal taxis 

India's palm oil imports in August fell more than a quarter from a month ago, primarily driven by sufficient domestic stocks and negative margins that discouraged refiners from purchasing more of the tropical oil, a leading trade body said on Thursday.

India's palm oil imports plunge as buyers shift to soyoil

German Chancellor Olaf Scholz said he’s asked the European Union (EU) to suspend a new regulation designed to reduce deforestation to allow objections raised about the burden on the print sector to be addressed.

Germany's Scholz asks EU to delay deforestation law over print concerns

NEXTDC Ltd, an Australian data-centre operator, is seeking a A$2.9 billion (US$1.9 billion or RM8.38 billion) syndicated loan from banks to expand its operations in Asia.

NEXTDC seeks US$1.9b loan to expand data centres in Asia, including Malaysia

Utilities engineering services firm MN Holdings Bhd (KL:MNHLDG) has signed a pact with Reservoir Link Energy Bhd (KL:RL) to explore potential business opportunities in the renewable energy sector.

MN Holdings, Reservoir Link to jointly explore renewable energy business

The fund management industry has surpassed the trillion-ringgit milestone since February this year, driven by robust performance in the equity markets, especially due to strong valuations in the United States, according to the Securities Commission Malaysia (SC).

Fund management industry surpassed trillion-ringgit benchmark in February — SC

KUALA LUMPUR (Sept 12): ITMAX System Bhd (KL:ITMAX) said on Thursday that its subsidiary has been appointed to operate a parking system in Tangkak, by the district council.

ITMAX System gets third parking system contract in Johor

Huawei's new tri-foldable smartphone has ignited nationalistic pride in China with social media abuzz with what supporters see as its ability to out-innovate Apple&nbsp;despite&nbsp;US&nbsp;sanctions&nbsp;— even if many are balking at the phone's US$2,800 (RM12,135) price tag.

Huawei's Mate XT stirs Chinese pride and US$2,800 price tag

The 1Malaysia Development Bhd (1MDB)-Tanore trial has been postponed yet again, as former prime minister Datuk Seri Najib Razak is still nursing an acute knee inflammation in a hospital.