<div class=newsTextDataWrapInner><p>SINGAPORE (May 23): Global Yellow Pages is acquiring a plot of land in New Zealand for NZ$6 million (S$5.58 million).</p></div>

<div class=newsTextDataWrapInner><p>The 1.99ha freehold land is located at Augusta Drive, Lakes Resort, Pauanui and is a vacant development land located adjacent to the Lakes Resort, Pauanui Golf Course.</p></div>

<div class=newsTextDataWrapInner><p>The group intends to develop the land into a holiday accommodation... <a href="https://www.theedgesingapore.com/global-yellow-pages-acquires-new-zealand-land-56-mil" target="_blank">(Click here to read the full story)</a></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

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SINGAPORE (May 23): Global Yellow Pages is acquiring a plot of land in New Zealand for NZ$6 million (S$5.58 million).

The 1.99ha freehold land is located at Augusta Drive, Lakes Resort, Pauanui and is a vacant development land located adjacent to the Lakes Resort, Pauanui Golf Course.

Global Yellow Pages acquires New Zealand land for S$5.6m

Bank Negara Malaysia (BNM) said on Wednesday it is prepared to deal with currency volatility while ensuring the orderly functioning of the foreign exchange market.

BNM stands ready to deal with currency volatility, ensure orderly forex market

WASHINGTON (Nov 19): Elon Musk's SpaceX launched its giant Starship rocket to space from Texas on Tuesday, advancing the ship's spaceflight abilities but botching an attempt to bring its booster back to land, as US President-elect Donald Trump watched from the company's rocket facilities.

Trump, Musk watch SpaceX launch Starship, booster misses landing

Crypto bros have a reason to cheer. Last month’s SCxSC Fintech Summit came with a surprise announcement by the Securities Commission Malaysia (SC) to create a sandbox to spur innovation. This comes on the heels of the crypto-leaning sandboxes launched by several countries this year (see chart). B...

Shadow Crypt: Crypto’s choice between a sandbox and an airport

Malaysia will launch a new generation of identity cards as part of efforts to combat identity fraud, Deputy Home Minister Datuk Seri Shamsul Anuar Nasarah said.

Malaysia to launch new-gen identity card with enhanced security features

(Nov 20): The UK Labour government’s tax increases reinforce a gradual approach to easing interest rates, Bank of England Governor Andrew Bailey said.

Employers could choose to react to the hike in their National Insurance contributions — which lifts the cost of employment — by rai...

BOE’s Bailey says budget tax rises support gradual rate cuts

KUALA LUMPUR (Nov 20): Prime Minister Datuk Seri Anwar Ibrahim highlighted the rise in Malaysia’s equity market capitalisation this year, which has surpassed RM2 trillion, as further evidence of Malaysia's economic recovery.

Anwar, who is also finance minister, also commended both the S...

Rising equity market capitalisation reflects Malaysia’s economic health, says PM

GEORGE TOWN (Nov 20): Property developer Eastern & Oriental Bhd [KL:E&O] has unveiled its masterplan for its Andaman Island development project, with a gross development value (GDV) of RM60 billion.

E&O launches RM60b masterplan for Andaman Island development project

(Nov 20): Citigroup Inc and Banco Santander SA are readying a debt package of up to €4 billion ($4.2 billion) to back a potential sale of Spanish waste-management company Urbaser SA.

The two banks are both advising on the process and offering the so-called staple financing to any potent...

Citi, Santander prepare up to €4 billion debt for Urbaser buyout

Alibaba has raised US$5 billion (RM22.3 billion) in a dual-currency bond, China's biggest e-commerce company said on Wednesday, marking the largest deal of its kind in the Asia-Pacific this year.

Alibaba raises US$5b in dual currency bond deal

Major Chinese fund companies announced a reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, intensifying price competition in the rapidly expanding US$400 billion (RM1.7 trillion) sector of the market.

China funds cut ETF fees, escalating price war in booming market 

<p>The criminal charge against the late former finance minister Tun Daim Zainuddin, for a failure to declare his assets, has been dropped following his demise.</p>


Prosecution drops criminal charge against Daim, court grants 'posthumous' acquittal

<p>Asian shares were cautious on Wednesday as investors looked ahead to earnings results from AI darling Nvidia where the risk of disappointment is high, while the dollar gave back a little of its recent bumper gains.</p>


Asian shares cautious before Nvidia result, dollar gives back gains 

<p>KUALA LUMPUR (Nov 20): Shares of Cape EMS Bhd (KL:CEB) fell on Wednesday morning in highly active trade, after the electronic manufacturing services firm reported its first quarterly loss since its listing.</p>


Cape EMS down in highly-active trade after first quarterly loss since listing

<p>KUALA LUMPUR (Nov 20): The government has no objection to adopting technology from any country for the rollout of the second 5G network, provided it complies with technical and security standards, said Communications Minister Fahmi Fadzil.</p>

<p>This includes adherence to the Communications a...

Govt open to technology from any country for second 5G network rollout — Fahmi

<p>KUALA LUMPUR (Nov 20): Shares of Malayan Flour Mills Bhd (MFM)(KL:MFLOUR) sank on Wednesday morning to their lowest in 10 months, after the company reported a nearly-70% drop in net profit in its third quarter.</p>


Malayan Flour Mills shares sink to January-low after sharp 3Q profit drop

<p>While Malaysia is consolidating returns on previous infrastructure investments, leveraging its established expertise in electronics, semiconductors and data centres, political shifts and the gradual outflow of talent could impact future economic progress, according to the 9th edition of e-Conomy SEA by Google, Temasek and Bain &amp; Co.</p>


A survey of Malaysia’s digital economy

<p>China’s Luckin Coffee Inc agreed to buy an equivalent of four million bags of beans from the world’s top exporter Brazil between 2025 and 2029, signalling continued demand from one of the fastest growing markets.</p>


Luckin Coffee deal for Brazil beans ensures steady China demand

<p>Stocks rebounded in a volatile session marked by geopolitical headlines, with Nvidia Corp climbing ahead of its results. Bitcoin extended its post-election rally.</p>


US stocks shake off war angst before Nvidia’s results

<p>GEORGE TOWN (Nov 20):&nbsp;Property developer Eastern &amp; Oriental Bhd [KL:E&amp;O] has unveiled its&nbsp;masterplan for its Andaman Island development project, with a&nbsp;gross development value (GDV) of RM60 billion.</p>


<p>A record-breaking crypto rally born in the US is leaving its mark on Asia, including a jump in the value of bitcoin held by Bhutan to more than US$1 billion (RM4.47 billion) and a surge in digital-asset trading volumes in South Korea.</p>


Asian crypto hotspots gain from US$800b rally led by US

<p>President-elect Donald Trump's incoming administration plans to target federal regulations championed by President Joe Biden that aim to make automobiles more fuel-efficient and incentivise a shift toward electric vehicles, according to two sources in contact with Trump's transition team.</p>


Trump administration plans to roll back Biden's stricter fuel-efficiency standards

<p>KUALA LUMPUR (Nov 20): TA Securities downgraded its call on Star Media Group Bhd (KL:STAR) to “sell” from “hold”, after the media group’s latest third quarterly results missed expectations.</p>


TA Securities downgrades Star Media after results miss expectations

<p>KUALA LUMPUR (Nov 20): Shares of Dialog Group Bhd (KL:DIALOG) rose on Wednesday in active trading, as investors took comfort in the strong start to its earnings, while analysts continued to recommend their clients to buy into the energy services firm.</p>


Dialog shares rise in active trade, most analysts still advice ‘buy’ after 1Q results

<p>KUALA LUMPUR (Nov 19): The government has agreed in principle to allow petrol station operators to employ foreign workers for cleaning and maintenance work in cafés and convenience shops&nbsp;at petrol stations.</p>


Petrol station operators allowed to employ foreign workers in cafes, convenience shops — Saifuddin Nasution

<p>Bitcoin rose to a record high above US$94,000 (RM419,898) &nbsp;as a report that Donald Trump's social media company was in talks to buy crypto trading firm Bakkt added to hopes of a cryptocurrency-friendly regime under the incoming Trump administration.</p>


Bitcoin breaches US$94,000 for the first time

<p>China’s Contemporary Amperex Technology Co Ltd (CATL) is in talks to establish battery recycling operations in Europe, adding to its footprint in the region as the company prepares to start cell production in Hungary.</p>


China’s CATL in early talks on EV battery recycling in Europe

<p>KUALA LUMPUR (Nov 20): Issues regarding the new education&nbsp;syllabus and the latest status of the next-generation identification card are among highlights of Wednesday’s Dewan Rakyat session.</p>


New syllabus, next-gen identity card among highlights of Dewan Rakyat sitting on Wednesday

<p>liminating the US electric vehicle tax credit would dent future EV demand — perhaps by more than a fourth — while providing a trivial boost to gasoline consumption, economists estimate.</p>


US electric vehicle demand seen plunging 27% without tax credit

<p>Brunei LNG said on Wednesday it was managing an "operational upset" at its facility in coastal Belait District, adding it was working towards a full recovery.</p>


Brunei LNG sees 'operational upset' at plant, working towards recovery

<p>Shares of Seven &amp; i Holdings Co gained as much as 11% after Japanese broadcaster NHK reported the founding family of the retail giant is looking to complete a deal to take the company private by the end of its fiscal year in February.</p>
