<div class=newsTextDataWrapInner>SINGAPORE (Sept 17): Citi has appointed Rapheal Mun to the new position of head of sustainability &amp; corporate transitions (SCT) for its banking, capital markets and advisory (BCMA) group in Asia Pacific on Friday, Sept 17.</div>

<div class=newsTextDataWrapInner>Mun, who will relocate to Singapore from London, will lead BCMA’s sustainability and ESG strategy and client engagement in the region, in her new role.</div>

<div class=newsTextDataWrapInner>She will report to<a href="https://www.theedgesingapore.com/news/new-appointments/citi-appoints-rapheal-mun-apac-sustainability-esg-banking-head" target="_blank">...(click on link for full story on theedgesingapore.com)</a></div><div class=inPageAd id=div-gpt-ad-inpage></div>

SINGAPORE (Sept 17): Citi has appointed Rapheal Mun to the new position of head of sustainability & corporate transitions (SCT) for its banking, capital markets and advisory (BCMA) group in Asia Pacific on Friday, Sept 17.

Citi appoints Rapheal Mun as APAC sustainability & ESG banking head

Carlyle Group Inc is considering an initial public offering (IPO) of engineering services firm Quest Global Services Pte in India, people familiar with the matter said, amid increasing investor interest in the nation’s stock market.

Carlyle said to be mulling US$1 bil IPO of Quest Global in Mumbai — Bloomberg

Chinese shares declined as authorities again left investors guessing on the specifics of a fiscal stimulus even as their key policy meeting vowed to boost consumption.

Chinese stocks sink most in three weeks as annual conference lacks surprise

KUALA LUMPUR (Dec 13): The first transmission of green electricity with a capacity of 50 megawatts (MW) from Malaysia to Singapore began on Friday, according to the Ministry of Energy Transition and Water Transformation (Petra).

First transmission of green electricity from Malaysia to Singapore starts on Dec 13

The number of people migrating to Australia fell for the first time since the country lifted its Covid-era border restrictions, led by a drop in international student arrivals, official figures showed on Friday.

Australian immigration falls for first time in two years

Britain's economy shrank for a second month in October in the run-up to the new government's first budget, the first back-to-back falls in output since the onset of the Covid-19 pandemic.

Gross domestic product (GDP) shrank 0.1% month-on-month in October, as it did in September, the Office for National Statistics (ONS) said.

UK economy in October suffers first back-to-back declines since 2020

A total of 80 attendees from the business and trade communities in New York and New Jersey in the US participated in a trade and investment networking reception organised by the Consulate General of Malaysia in New York as a platform to strengthen economic ties and to offer investment opportunities in Malaysia.

Consulate General in New York hosts trade, investment networking reception

Prime Minister Datuk Seri Anwar Ibrahim emphasised that the Royal Commission of Inquiry (RCI) on the handling of matters related to the sovereignty of Batu Puteh, Middle Rocks and South Ledge was not aimed at taking revenge against former prime minister Tun Dr Mahathir Mohamad.

Batu Puteh RCI not an act of revenge against Dr M, legal action up to AGC, says Anwar

KUALA LUMPUR (Dec 13): Petronas Chemicals Group Bhd chairman Datuk Dr Abdul Rahim Hashim will resign from his post, effective Jan 1, 2025.

Petronas Chemicals group chairman Abdul Rahim Hashim to resign

(Dec 13): South Korea’s finance minister called the global heads of sovereign coverage at major credit rating firms, to reassure them over the possible impact of the nation’s political turmoil.

South Korean finance chief looks to reassure credit rating firms

Taiwan’s legislators are set to review a proposed legal change that would make it more difficult for the president to declare martial law, with lawmakers from the opposition Kuomintang (KMT) advocating the amendment after the shock emergency declaration in South Korea earlier this month.

Taiwan reviews legal change making martial law harder to declare

Shares of Gamuda Bhd (KL:GAMUDA) notched a fresh all-time high on Friday, as analysts projected robust quarters ahead for the construction powerhouse, fuelled by contract wins and a strong project pipeline.

Gamuda shares log new record high while analysts scramble to raise target prices

Shares of Bermaz Auto Bhd (KL:BAUTO) slipped on Friday to their lowest in 15 months, after the automotive assembler reported a weaker-than-expected second financial quarter.

Bermaz Auto shares fall to 15-month low after weaker-than-expected 2Q

KUALA LUMPUR (Dec 13): Datuk Seri Najib Razak said on Friday that there has been no official denial from the Saudi palace or the embassy regarding his claim that the US$681 million (RM2.08 billion) he received in his personal accounts in 2013 were actually donations from the Saudi royal family, which supports his claim that the donations were genuine.

No denial from Saudi palace supports my belief that the funds I received were legitimate donations, says Najib

Denmark seeks to forge closer ties with Southeast Asian nations in a bid to become less dependent on China, Foreign Minister Lars Lokke Rasmussen said.

Denmark moves to reduce reliance on China by boosting ties with Malaysia

Macquarie Asset Management Pty Ltd has submitted a bid to buy Axiata Group Bhd’s (KL:AXIATA) telecommunications&nbsp;infrastructure unit, in a transaction that could value it at about US$3.5 billion (RM15.6 billion), according to people with knowledge of the matter.

Macquarie bidding for Axiata's 63%-owned telecom infrastructure unit edotco — Bloomberg

Broadcom forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming demand for its custom artificial intelligence chips in the next few years.

Broadcom forecasts 1Q revenue above estimates on strong AI chip demand

Asian shares fell on Friday as a strong dollar kept risk sentiment fragile, while longer-dated Treasury yields were heading for their biggest weekly rise this year as expectations for deep US&nbsp;rate cuts in 2025 receded.

Asian shares fall, long-dated Treasuries set for worst week in a year

Xiaomi Corp&nbsp;is rapidly closing in on a new all-time-high share price, having cracked the crowded market for electric vehicles (EVs) in a repeat of its earlier success with smartphones.

Xiaomi’s 103% rally puts EV dark horse on brink of stock record

Shares of JF Technology Bhd (KL:JFTECH) surged as much as 13% to hit an intraday high of 79.5 sen in the morning trading session on Friday. The stock was one of the most actively traded on Bursa Malaysia.

JF Technology shares surge as much as 13% in early trade, holding up strongly on US prospects

Intel Corp chief financial officer Dave Zinsner said that a formal separation of the company’s factory and product-development divisions is an open question that will be decided by the chipmaker’s next leader.&nbsp;

Intel says it’s an open question whether to break up company

KUALA LUMPUR (Dec 13): Malaysia Airlines and Uzbekistan Airways said on Friday that they have reinstated their codesharing agreement in a partnership that would boost connectivity across Southeast Asia and Central Asia.

Malaysia Airlines, Uzbekistan Airways reinstate codesharing agreement

KUALA LUMPUR (Dec 13): Datuk Seri Najib Razak has questioned what effort&nbsp;the current government has put into locating&nbsp;fugitive businessman Low Taek Jho (Jho Low).

What efforts have been made to bring Jho Low to justice, asks Najib

Canada is examining the use of export taxes on major commodities it exports to the US — including uranium, oil and potash — if incoming US President Donald Trump carries out his threat to impose broad tariffs.

Canada could retaliate with export taxes on uranium, oil if Trump starts trade war — Bloomberg

CIMB Bank Bhd will provide a comprehensive suite of solutions and services to fast-track the expansion of the clients of Shanghai Pudong Development Bank Co Ltd (SPDB) into Asean, following the execution of a letter of intent with the bank.

CIMB to support expansion of Shanghai Pudong Development Bank's clients into Asean

US&nbsp;President-elect Donald Trump's transition team is exploring ways to significantly reduce, merge, or even eliminate the top bank regulators in Washington, The Wall Street Journal&nbsp;(WSJ) reported on Thursday citing people familiar with the matter.

Trump advisers seek to shrink or eliminate bank regulators, WSJ reports

KUALA LUMPUR (Dec 13): A group of government backbenchers has called on Bank Negara Malaysia (BNM) to limit any increase in insurance premiums to less than 10%, ahead of the interim measures that will be announced next week.

In a joint statement on Friday, the lawmakers justified the pr...

Lawmakers urge BNM to cap insurance premium increases at 10%

A rally that shot the world’s biggest technology stocks to all-time highs hit pause on Thursday, as Wall Street held off on big bets ahead of the US Federal Reserve’s (Fed) policy meeting next week.

Wall Street puts rally on hold before Fed meeting

The Sessions Court&nbsp;in Kuala Lumpur&nbsp;was told on Thursday that a total of RM976,380 was deposited into the bank accounts of three companies, through five transactions, two years ago,&nbsp;in relation to the Jana Wibawa project.

Wan Saiful's graft trial: Over RM900,000 deposited into three companies’ accounts, says witness

NCT Group of Companies signed a memorandum of understanding (MOU) with the Malaysia Enterprises Investment Association (MEIA) to attract investment from the Guangdong province of China to NCT Group’s NCT Smart Industrial Park (NSIP) in Sepang, Selangor.

NCT Group partners MEIA to draw Chinese investors to NCT Smart Industrial Park

Malaysia will have to rely on household spending next year as investments are likely to moderate due to uncertainties around US trade policy while exports may soften amid global slowdown.