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<div class=newsTextDataWrapInner><p>SINGAPORE (Dec 4): Shares of Neptune Orient Lines are trading near a three year high on hopes that French shipper CMA CGM SA is close to nearing a deal to buy the Singapore listed container shipper.</p></div>

<div class=newsTextDataWrapInner><p>The Wall Street Journal, quoting sources, reported Thursday that CMA CGM is in talks with banks including BNP Paribas Group, HSBC Holdings Plc. and JP Morgan &amp; Chase Co. to raise money to finance the acquisition of NOL in a deal valued at around US$5 billion ($7 billion).</p></div>

<div class=newsTextDataWrapInner><p>CMA CGM, the world's third-largest container shipper by capacity had late last month entered into exclusive talks with NOL’s largest shareholder, Temasek Holdings, to buy its stake in NOL.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>If CMA CGM succeeds in buying the 65% stake, it will eventually lead to an offer for all of NOL.</p></div>

<div class=newsTextDataWrapInner><p>Stock is up 2.07% at $1.225, outperforming the Straits Times Index which is down 0.5%.</p></div>
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SINGAPORE (Dec 4): Shares of Neptune Orient Lines are trading near a three year high on hopes that French shipper CMA CGM SA is close to nearing a deal to...

NOL shares touch near three-year high on sale hopes

Malaysia's Health Ministry reported on Tuesday one new case of the mpox virus infection of the clade 2 variety, a less severe variant of the disease, and said the patient had been isolated and was in a stable condition.

Malaysia reports new mpox case of less severe variant

I feel that this year’s Jiwa Merdeka theme reflects a renewed sense of hope and optimism, something I dare say has not been felt for quite a while! The reasons? Two years on since our nation fully reopened post-pandemic, we see a more resilient economy that grew 5.1% year on year (y-o-y) in 1H202...

My Say: Malaysia’s Jiwa Merdeka: Embracing our unity and diversity

KUALA LUMPUR (Sept 17): Mini-market chain operator 99 Speed Mart Retail Holdings Bhd’s (KL:99SMART) potential inclusion in the FBM KLCI remains far from certain, even as its market capitalisation now approaches the top 30.

99 Speed Mart’s entry into KLCI far from certain, MIDF flags

Shares of glove manufacturers surged on Tuesday, led by Hartalega Holdings Bhd (KL:HARTA) and Top Glove Corp Bhd (KL:TOPGLOV), after the US Trade Representative announced that tariffs on Chinese gloves will be raised to 50% in 2025 and 100% in 2026.

Glovemakers surge after US tariff increase announcement, Hartalega top gainer

(Sep 17): Investors are placing overly high expectations on multiple rate cuts by the Federal Reserve over the next 12 months, Apollo Global Management Inc. Co-President Scott Kleinman said.

Futures traders are pricing in 10 quarter-point cuts to the cash rate over the coming year by US...

Apollo’s Kleinman says wage, housing inflation to limit Fed cuts

TOKYO (Sep 17): Finance Minister Shunichi Suzuki said on Tuesday that Japanese retail giant Seven & i Holdings' new status as a company "core" to national security would not raise additional hurdles to a potential buyout.

Seven & i, the owner of 7-Eleven convenience stores ...

Japan finance minister says Seven & i's new 'core' tag doesn't raise bar for buyout

(Sept 17): Malaysian billionaire Lee Thiam Wah is looking to leverage the US$530 million (RM2.26 billion) his convenience store chain’s public offering raised last week to expand the 99 Speed Mart network.

Mini-mart billionaire Lee sets sight beyond Malaysia for 99 Speed Mart after IPO

LAS VEGAS/RENO, Nevada (Sept 16): The cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast when the U.S. economy soured, making the consumer-driven city and state a bellwether of sorts for the rest of the country.

By that measure, as t...

What's happening in Las Vegas shows Fed's 'soft landing' is a good bet

Foreign investors continued to reposition their funds ahead of the US Federal Reserve’s anticipated easing this week, net buying RM217.6 million during Sept 9-13, marking the fifth consecutive week of net purchases.

Foreign investors netted RM217.6m in equities last week — MIDF

CHENNAI (Sep 16): Police on Monday detained 104 striking workers protesting low wages at a Samsung Electronics plant in southern India as they were planning a protest march without permission, with the dispute disrupting output at the key factory for the past week.

The detention marks a...

Over 100 striking Samsung workers detained by Indian police for planning march

<p>Shares of glove manufacturers surged on Tuesday, led by Hartalega Holdings Bhd (KL:HARTA) and Top Glove Corp Bhd (KL:TOPGLOV), after the US Trade Representative announced that tariffs on Chinese gloves will be raised to 50% in 2025 and 100% in 2026.</p>


<p>Malaysia's Health Ministry reported on Tuesday one new case of the mpox virus infection of the clade 2 variety, a less severe variant of the disease, and said the patient had been isolated and was in a stable condition.</p>


<p>Intel Corp chief executive officer Pat Gelsinger has landed Amazon.com Inc’s AWS as a customer for the company’s manufacturing business, potentially bringing work to new plants under construction in the US and boosting his efforts to turn around the embattled chipmaker.&nbsp;</p>


Intel to make custom AI chip for Amazon, complete Malaysia plant

<p>Most Asian stocks were poised for declines early Tuesday following a mixed session on Wall Street where traders boosted bets the Federal Reserve (Fed) will this week deliver a half-point rate cut.</p>


Asian stocks under pressure ahead of Fed decision

<p>KUALA LUMPUR (Sept 16): Bank Rakyat assured that its banking system remains safe and always prioritises the interest of customers, following an allegation that went viral on social media recently.</p>


Bank Rakyat assures its system remains secure after attempted data breach on Sept 3

<p>Shares of HeiTech Padu Bhd (KL:HTPADU) rose to their highest in nearly two months after the information technology company announced a RM133.73 million contract.</p>


Heitech Padu shares close in on two-month high after contract win

<p>(Sept 17):&nbsp;Malaysian billionaire Lee Thiam Wah is looking to leverage the US$530 million (RM2.26 billion) his convenience store chain’s public offering raised last week to expand the 99 Speed Mart network.</p>


<p>（吉隆坡17日讯）美国确定大幅上调中国商品关税，其中手套的关税税率将在2025年提高至50%，并在2026年调高至100%后，以贺特佳（Hartalega Holdings Bhd）（KL:HARTA）和顶级手套（Top Glove Corp Bhd）（KL:TOPGLOV）为首的手套股飙升。</p>


美国确定上调中国商品关税 贺特佳领涨手套股

<p>Foreign investors continued to reposition their funds ahead of the US Federal Reserve’s anticipated easing this week, net buying RM217.6 million during Sept 9-13, marking the fifth consecutive week of net purchases.</p>


<p>Microsoft Corp unveiled a new US$60 billion (RM257.82 billion) stock-buyback programme, matching its largest-ever repurchase authorisation, and raised its quarterly dividend 10%.</p>


Microsoft announces US$60b buyback, raises dividend 10%

<p>With just two weeks under his belt as the new chief executive officer of HSBC Holdings plc, Georges Elhedery has made it clear he’s looking to make his mark on the bank.</p>


HSBC’s new CEO is looking to shake up Europe’s largest lender

<p>DBS Group Holdings Ltd saw sales of its semi-liquid fund products to Greater China spike this year and expects demand to remain high as investors boost allocation for alternative assets.</p>


DBS posts 300% growth in semi-liquid fund sales in Greater China

<p>Canada’s newly expanded oil pipeline to the Pacific is opening new markets for the country’s crude in Asia while reducing flows off the US Gulf Coast, at least partly fulfilling the project’s promise of diversifying the industry’s customer base.&nbsp;</p>


Canada’s new oil pipeline tilts flows to Asia, away from US Gulf

<p>LAS VEGAS/RENO, Nevada (Sept 16): The cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast when the U.S. economy soured, making the consumer-driven city and state a bellwether of sorts for the rest of the country.</p>

<p>By that measure, as t...

<p>KUALA LUMPUR (Sept 17): Mini-market chain operator 99 Speed Mart Retail Holdings Bhd’s (KL:99SMART) potential inclusion in the FBM KLCI remains far from certain, even as its market capitalisation now approaches the top 30.</p>


<p>TOKYO (Sep 17):&nbsp;Finance Minister Shunichi Suzuki said on Tuesday that Japanese retail giant Seven &amp; i Holdings' new status as a company "core" to national security would not raise additional hurdles to a potential buyout.</p>

<p>Seven &amp; i, the owner of 7-Eleven convenience stores ...

<p>Raging fires have burned 10% of Brazilian sugar cane fields belonging to French cooperative Tereos, a senior executive said on Monday, with losses so far estimated at more than US$18 million (RM77.35 million).</p>


Fires torch more Tereos sugar fields, raising worries for next crop in Brazil, world's largest sugar exporter

<p>(Sep 16): Some investors and analysts are betting on a rebound in Hong Kong developers’ shares, anticipating that a US interest rate cut will boost property purchases.</p>

<p>The city’s interest rates are tied to the US, given its currency peg. Morgan Stanley analysts predict a 5% home price r...

Investors bet Hong Kong property stocks to get lift from Fed cut

<p>Deutsche Bank AG is exploring options to make it harder for UniCredit SpA to buy Commerzbank AG as it considers how — or whether — to react to a potential deal that would create a huge competitor in its home market, people with knowledge of the matter said.</p>


Deutsche Bank mulls ways to hinder UniCredit from buying Commerzbank — Bloomberg

<p>（吉隆坡17日讯）HeiTech Padu Bhd（KL:HTPADU）宣布获得陆路交通局（JPJ）价值1亿3373万令吉合约后，今早上涨至近2个月高位。</p>
