<div class=newsTextDataWrapInner>Flash: Dr M: Sultan Muhammad V has resumed duties as Agong, up to Rulers' Council to discuss any potential abdication</div>
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Flash: Dr M: Sultan Muhammad V has resumed duties as Agong, up to Rulers' Council to discuss any potential abdication
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Dr M: Sultan Muhammad V has resumed duties as Agong, up to Rulers' Council to discuss any potential abdication

T7 Global Bhd (KL:T7GLOBAL) has proposed to undertake a bonus issue of up to 197.35 million warrants, on the basis of one warrant for every five shares held by shareholders.

T7 Global plans one-for-five bonus issue of warrants

The government is mulling over the recommendation from a study by the Japan International Cooperation Agency (JICA) to construct high embankments along the coastline to address flood woes nationwide.

Prime Minister Datuk Seri Anwar Ibrahim said that the recommendation, made around 20 years ago, could be pursued once the nationwide Flood Mitigation Plan (RTB) projects have been completed.

Govt mulling high embankments along coastline to address flood woes — Anwar

SpaceX is in discussions to sell insider shares that could boost the value of Elon Musk’s rocket and satellite company to around US$350 billion (RM1.56 trillion), according to people familiar with the matter.

SpaceX weighing tender offer at roughly US$350b valuation, cementing it as world's most valuable private startup — Bloomberg

(Dec 3): Cargill Inc is cutting thousands of jobs globally, after the largest privately held company in the US missed profit targets.

Cargill to cut thousands of jobs globally as profits shrink

KUALA LUMPUR (Dec 3): Former prime minister Datuk Seri Najib Razak told the court on Tuesday that he had "no knowledge" of fugitive businessman Low Taek Jho (Jho Low) acting on his behalf, and any such claims were utterly "baseless".

1MDB-Tanore: Najib distances himself from Jho Low, says never conveyed instructions, wishes through the fugitive businessman

Construction outfit Binastra Corp Bhd (KL:BNASTRA) on Tuesday said it had bagged a building contract worth RM327.74 million to build two blocks of a 58-storey serviced apartment for The Vividz @ Bukit Jalil project.

Binastra wins RM328m building contract for Bukit Jalil serviced apartment

KUALA LUMPUR (Dec 3): The United Kingdom will officially become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Dec 15, marking the first-ever free-trade agreement (FTA) between the UK and Malaysia.

UK sees first free-trade agreement with Malaysia with its CPTPP entry

Malaysia recorded over RM1.22 billion in losses from cybercrime from January to October 2024, according to Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia lost over RM1.22b to cybercrime from January to October 2024 — PM

NEW YORK (Dec 2): Federal Reserve Bank of New York President John Williams said on Monday the U.S. central bank is likely to lower its interest rate target further over time as inflation pressures continue to cool.

“Monetary policy remains in restrictive territory to support the su...

Fed's Williams eyes further cuts as price pressures cool further

The government approved a total of RM489.5 billion in investments in the manufacturing, services, and primary sectors from 2023 to June 2024, according to Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Govt given nod to investments worth RM489.5b from 2023 to June 2024, says Liew

MMC Port Holdings Sdn Bhd, a member of MMC Group, recently appointed Datuk Azman Shah Mohd Yusof as its new chief executive officer, effective from Dec 1.

Azman Shah is MMC Ports CEO from Dec 1

(Dec&nbsp;3):&nbsp;The United States on Monday launched its third crackdown in three years on&nbsp;China's&nbsp;semiconductor&nbsp;industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group,&nbsp;among other moves.

Latest US clampdown on China's chips hits semiconductor toolmakers

(Dec&nbsp;3):&nbsp;The yen carry trade — an investment strategy that blew up in spectacular fashion this year — is regaining popularity.&nbsp;

Yen carry trade that rattled markets shows signs of a comeback

The earnings of companies involved in the solar photovoltaic (PV) sector may have yet to fully reflect the high valuations investors assigned to them, but analysts remain confident that the long-term prospects of the sector remain bright.

RE stocks’ prospects remain bright despite uninspired earnings, say analysts

KUALA LUMPUR (Dec 3): Kenanga Investment Bank and BIMB Securities have downgraded their ratings on the telecommunication (telco) sector to “neutral” from “overweight”, following the third quarterly results last week.

Analysts downgrade telcos amid revenue per user decline, dual network uncertainty

The Badminton Association of Malaysia (BAM) has confirmed that officers of the Malaysian Anti-Corruption Commission (MACC) visited its office last week to request certain information.

BAM confirms MACC visit to request 'certain information'

Former prime minister Datuk Seri Najib Razak on Tuesday disputed several testimonies by former Terengganu Investment Authority (TIA) directors Tan Sri Ismee Ismail and Datuk Shahrol Azral Ibrahim Halmi with regard&nbsp;to Sultan of Terengganu Sultan Mizan Zainal Abidin’s directive to stop the issuance of AmBank’s RM5 billion Islamic medium-term notes (IMTN) in 2009.

Najib disputes Ismee and Shahrol’s testimony on IMTN for TIA

Asian shares broadly rose to track Wall Street’s tech-led gains on Tuesday, with China a laggard, after the yuan fell to a one-year low against the dollar on concerns about a weak economy and heightened tensions with the US.

Asian stocks rise with US curbs on China in focus

KUALA LUMPUR (Dec 3): Former prime minister Datuk Seri Najib Razak told the court on Tuesday that he had "no knowledge" of fugitive businessman Low Taek Jho (Jho Low) acting on his behalf, and any such claims were utterly "baseless".

KUALA LUMPUR (Dec 3): Sime Darby Property Bhd's (KL:SIMEPROP) earnings profile could significantly change in 2026-2027, when its data-centre projects’ rental earnings kick in, analysts said.&nbsp;

SimeProp earnings profile to leap by 2027 with data-centre push, analysts say

The Penang High Court on Tuesday&nbsp;ordered businessman Tan Sri Tan Kok Ping to pay RM400,000 in damages and costs to Chief Minister Chow Kon Yeow in a defamation suit.

Penang CM wins defamation suit against businessman Tan Kok Ping over state land sale remarks

(Dec&nbsp;3) : A rally in the world’s largest technology companies drove stocks to fresh all-time highs, with Wall Street traders bracing for a barrage of economic data and remarks from US Federal Reserve speakers that will help shape the outlook for interest rates.

US stocks kick off final month of 2024 at record high

(Dec&nbsp;3) :&nbsp;Three US Federal Reserve officials on Monday made clear that they expect the US central bank to continue cutting interest rates over the next year, but stopped short of saying they are committed to making the next reduction later this month.

Fed officials keep options open for December rate decision

Malaysia recorded over RM1.22 billion in losses from cybercrime from January to October 2024, according to Prime Minister Datuk Seri Anwar Ibrahim.

Singapore authorities may need to add more “aggressive” real estate curbs down the road if they fail to tackle a homebuying frenzy by early next year, Barclays plc warned.

Singapore seen facing harsh property curbs if boom isn’t tackled

Construction outfit Binastra Corp Bhd (KL:BNASTRA) on Tuesday said it had bagged a building contract worth RM327.74 million to build two blocks of a 58-storey serviced apartment for The Vividz @ Bukit Jalil project.

(Dec&nbsp;3) :&nbsp;French bonds and stocks came under renewed selling pressure after Marine Le Pen’s party said they would support a no-confidence vote in Prime Minister Michel Barnier’s government.

French assets under pressure as Le Pen backs no-confidence vote

The government will simplify financial cross-border approvals under its foreign exchange policy, enabling funds to flow efficiently based on their mandate size to ensure Malaysia remains competitive in attracting foreign venture capital, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Govt to simplify cross-border approvals to enable efficient fund flows, says Amir Hamzah

Bank of Japan (BOJ) governor Kazuo Ueda has plenty of data to support the case for raising the benchmark rate in December, an outcome that would mark the first tightening of policy three times in a calendar year since the peak of Japan’s asset bubble in 1989.

BOJ weighs case for first triple hike since Japan’s bubble burst

Amazon.com Inc’s cloud unit is rolling out components it says will make data centres run more efficiently, a move that could help address the growing strain power-hungry server farms are putting on the electrical grid.&nbsp;