<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 12): Nova Wellness Group Bhd said a subsidiary is temporarily ceasing operations for one week from today till July 18 after detecting several Covid-19 cases among its factory employees.</p></div>

<div class=newsTextDataWrapInner><p>In a filing today, the nutrition and skincare products manufacturer said the temporary closure “is not expected to have a significant impact” on its financial performance, but may delay shipments to its customers during the one-week period.</p></div>

<div class=newsTextDataWrapInner><p>The subsidiary affected is Nova Laboratories Sdn Bhd. The factory is expected to resume operations from July 19 pending further directive from the Ministry of Health, it added.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Shares of Nova Wellness fell 2.5 sen or 2.91% to close at 83.5 sen, valuing the group at RM265.32 million.</p></div>


Nova Wellness Group Bhd said a subsidiary is temporarily ceasing operations for one week from today till July 18 after detecting several Covid-19 cases among its factory employees.

In a filing today, the nutrition and skincare products manufacturer said the temporary closure “is not expected to have a significant impact” on its financial performance, but may delay shipments to its customers during the one-week period

Nova Wellness factory shut for one week after Covid-19 cases detected

Australia’s markets watchdog sued HSBC Bank of Australia Ltd. for failing to protect customers who lost millions of dollars in scams. 

HSBC received about 950 reports of unauthorized transactions between January 2020 and August 2024, resulting in customer losses of about A$23 million ($14.6 million), according to an Australian Securities and Investments Commission statement Monday.

HSBC sued by Australian regulator for scam loss failures

Wall Street is starting to sour on the dollar as President-elect Donald Trump’s policies and the Federal Reserve’s interest-rate cuts will likely put pressure on the greenback in the latter portion of 2025.

From Morgan Stanley to JPMorgan Chase, roughly a half dozen sell-side strategists, are now forecasting the world’s reserve currency will peak as early as mid next year before starting to decline, with Societe Generale seeing the ICE US Dollar Index falling 6% at the end of next year.

Dollar’s trump-fueled gains face a reality check late next year

South Korea’s currency and its stock market will take center stage on Monday, as investors respond to a weekend vote to impeach President Yoon Suk Yeol following his attempt to impose martial law.

The Korean won will be the main focus for traders, after its heavy losses during the country’s recent political chaos.

Korean won, stocks take spotlight after impeachment vote

In the pursuit of environmental, social and governance (ESG) best practices, it is easy to overlook gaps that are worthwhile addressing in creating a foundation for sustainability that is ultimately rewarding for an organisation.

In pursuit of ESG excellence through green practices and workplace wellness

Five of the so-called “Bali Nine” prisoners were returned to Australia, more than 19 years after their arrests in a drug smuggling case that periodically damaged ties with Indonesia.

Remaining ‘Bali Nine’ prisoners back in Australia after 19 years

The Works Ministry (KKR) is projecting spending in the construction sector of RM200 billion, covering the government sector, government-linked companies (GLCs), government-linked investment companies (GLICs) and the private sector, next year.

Works Ministry sees construction spending hitting RM200b in 2025 

PKR president Datuk Seri Anwar Ibrahim on Sunday confirmed that preliminary discussions have taken place within the party regarding rumours of Tengku Datuk Seri Zafrul Abdul Aziz joining PKR.

Anwar confirms initial talks have taken place on Zafrul joining PKR

China's CNOOC Ltd has sold its US subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement issued on Saturday.

China's CNOOC sells US assets to Britain's Ineos

Thai Prime Minister Paetongtarn Shinawatra will make her first official visit to Malaysia on Monday to attend the 7th Malaysia-Thailand Annual Consultation to explore potential areas for further collaboration.

Thai PM to make official visit to Malaysia on Monday 

South Korea's acting president, Han Duck-soo, moved on Sunday to reassure the country's allies and calm financial markets a day after President Yoon Suk Yeol was impeached and suspended from his duties over a martial law attempt.

South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment 

<p>South Korea’s currency and its stock market will take center stage on Monday, as investors respond to a weekend vote to impeach President Yoon Suk Yeol following his attempt to impose martial law.</p>

<p>The Korean won will be the main focus for traders, after its heavy losses during the country’s&nbsp;recent political chaos.</p>


<p>&nbsp;Wall Street is starting to sour on the dollar as President-elect Donald Trump’s policies and the Federal Reserve’s interest-rate cuts will likely put pressure on the greenback in the latter portion of 2025.</p>

<p>From Morgan Stanley to JPMorgan Chase, roughly a half dozen sell-side strategists, are now forecasting the world’s reserve currency will peak as early as mid next year before starting to decline, with Societe Generale seeing the ICE US Dollar Index falling 6% at the end of next year.&nbsp;</p>


<p>In the pursuit of environmental, social and governance (ESG) best practices, it is easy to overlook gaps that are worthwhile addressing in creating a foundation for sustainability that is ultimately rewarding for an organisation.</p>


<p>Australia’s markets watchdog sued HSBC Bank of Australia Ltd. for failing to protect customers who lost millions of dollars in scams.&nbsp;</p>

<p>HSBC received about 950 reports of unauthorized transactions between January 2020 and August 2024, resulting in customer losses of about A$23 million ($14.6 million), according to an Australian Securities and Investments Commission&nbsp;statement&nbsp;Monday.</p>
