<div class=newsTextDataWrapInner>FLASH: One-off RM3,000 assistance to be given to sports facilities' operators 
For more details, please read:&nbsp;<a href="https://www.theedgemarkets.com/article/highlights-economic-recovery-and-peoples-protection-package" target="_blank">Highlights of the PEMULIH package</a></div>
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FLASH: One-off RM3,000 assistance to be given to sports facilities' operators

One-off RM3,000 assistance to be given to sports facilities' operators

KUALA LUMPUR (Jan 16): Data-centre proxy stocks on Bursa Malaysia have fallen sharply since the beginning of the year, due to US export restrictions on artificial intelligence (AI) chips, but analysts caution against buying the dip too soon.

Data-centre proxy stocks decline; experts warn against early bottom fishing

Semiconductor equipment maker Grand Venture Technology Ltd (GVT) is trying to turn the world’s hunger for advanced memory chips into a chance to become a major supplier, as giants from Micron Technology Inc to Infineon Technologies AG build new factories in Asia.

AI boom far from over, says Singapore chip-gear maker GVT

A prominent climate group that has been rocked by an exodus of Wall Street banks is exploring its “next phase” to decide how best to help members manage strategies and risks.

Net-Zero Banking Alliance to explore next steps after exodus of Wall Street banks

WASHINGTON (Jan 15): The United States on Wednesday imposed hundreds of sanctions targeting Russia, seeking to increase pressure on Moscow in the Biden administration's final days, and protect some sanctions previously imposed.

US issues fresh round of sanctions against Russia ahead of Trump's return to White House

Investment management firm Vertical Theme Sdn Bhd is planning to seek approval in the coming weeks to start talks about selling its stake in Alliance Bank Malaysia Bhd (KL:ABMB), according to people familiar with the development.

Alliance Bank’s top shareholder Vertical Theme mulling sale to DBS, Bloomberg reports

Malaysian construction stocks fell sharply on Thursday for the sixth straight day as investors took profit from a recent rally amid lingering fallout from the US restriction on advanced chip exports.

Construction stocks extend decline sharply as Gamuda, IJM fall 5%

KUALA LUMPUR (Jan 16): Sunway City Iskandar Puteri (SCIP), the flagship township of Sunway Iskandar Sdn Bhd (SISB), aims to become Johor’s largest GreenRE-certified township as part of SISB’s commitment to sustainable urban development. Sunway Iskandar, the southern arm of Sunway Property, has partnered with GreenRE, Malaysia’s leading green building certification body, to integrate sustainability standards across its developments.

Sunway City Iskandar Puteri aims to be GreenRE certified township

Despite incoming US President Donald Trump's pledge to impose sweeping 60% tariffs on all Chinese imports, the implementation is likely to be far less drastic, according to Affin Bank’s chief economist Alan Tan Chew Leong.

Impact of Trump's proposed tariffs on Chinese imports likely to be less severe than feared for region — Affin Bank

BENGALURU (Jan 16): Gold prices were stable on Thursday after hitting their highest levels in more than a month, as softer US core inflation data lifted expectations of interest rate cuts, although news of a ceasefire accord between Israel and Hamas capped further gains.

Gold prices hover near one-month peak on renewed rate-cut hopes

The High Court on Thursday approved a pension increase for retirees, based on their final salary according to the 2016 Public Services Department circular, effective January 2022.

High Court rules in favour of pensioners, govt ordered to pay arrears within three months

The High Court on Thursday approved a pension increase for retirees, based on their final salary according to the 2016 Public Services Department circular, effective January 2022.

CBH Engineering Holding Bhd (KL:CBHB) rose 18% on Thursday in Bursa Malaysia’s ACE Market trading debut, following robust demand during the engineering services firm’s initial public offering (IPO).

CBH Engineering rises 18% in ACE Market trading debut

KUALA LUMPUR (Jan 16): Malaysia’s tourism industry upcycle has started ahead of Visit Malaysia Year 2026, and could bolster share prices of related companies in the next two years, said Maybank Investment Bank (Maybank IB).

Malaysia’s tourism upcycle has begun, some related stocks could gain — Maybank IB

Malaysian Prime Minister Datuk Seri Anwar Ibrahim officially inaugurated YTL Brabazon New Town in Bristol, a development poised to become the most sustainable new town in the UK.

Anwar launches UK’s most sustainable new town in Bristol by YTL

WASHINGTON/SINGAPORE (Jan 15): The Biden administration added more than two dozen Chinese entities to a US&nbsp;restricted trade list on Wednesday, including Zhipu&nbsp;AI, a&nbsp;developer&nbsp;of large language models, and Sophgo, a company whose TSMC-made chip was illegally incorporated into a Huawei artificial intelligence (AI) processor.

US blacklists Chinese companies over TSMC chips in Huawei processor

Eastern &amp; Oriental Bhd (KL:E&amp;O), Malaysia’s premier lifestyle developer, has launched Maris, a RM700 million waterfront residence located in the Gurney Green district on Andaman Island, Penang.

E&O unveils RM700m Maris waterfront development in Penang

Nate Anderson, the short seller who made his name with campaigns targeting billionaires Gautam Adani, Jack Dorsey and Carl Icahn, said he’s disbanding his small but renowned firm, Hindenburg Research.&nbsp;

Short seller Nate Anderson says he’s disbanding Hindenburg

Asian shares tracked Wall Street higher on Thursday and the dollar was soft as easing core US inflation kept potential rate cuts by the Federal Reserve on the table, while the yen rose to a one-month high on rate hike bets.

Stocks rise with US rate cuts back in view; yen at one-month high

Malaysian construction stocks fell sharply on Thursday for the sixth straight day as investors took profit from a recent rally amid lingering fallout from the US restriction on advanced chip exports.

Former prime minister Tan Sri Muhyiddin Yassin will have all of his Jana Wibawa charges tried in one court instead of two separate courts.

Muhyiddin’s seven Jana Wibawa charges to be heard in one court

Wall Street breathed a sigh of relief after a surprise slowdown in inflation spurred a stock rally and a plunge in bond yields, reinforcing bets the Federal Reserve is on track to keep cutting rates this year.

Equities erased their losses for 2025, with the S&amp;P 500 up about 2% in its biggest gain since the&nbsp;aftermath of the US election.

Wall Street has best CPI day since at least 2023

Investment management firm Vertical Theme Sdn Bhd is planning to seek approval in the coming weeks to start talks about selling its stake in Alliance Bank Malaysia Bhd (KL:ABMB), according to people familiar with the development.

Despite incoming US President Donald Trump's pledge to impose sweeping 60% tariffs on all Chinese imports, the implementation is likely to be far less drastic, according to Affin Bank’s chief economist Alan Tan Chew Leong. &nbsp;

DOHA/CAIRO/JERUSALEM (Jan 16): Israel&nbsp;intensified strikes on Gaza hours after a ceasefire and hostage release deal was announced, residents and authorities in the Palestinian enclave said, and mediators sought to quell fighting ahead of the truce's start on Sunday.

Israel, Hamas ceasefire accord followed by airstrikes on Gaza, residents say

KUALA LUMPUR (Jan 16): Data-centre proxy stocks on Bursa Malaysia have fallen sharply since the beginning of the year, due to US export restrictions on artificial intelligence (AI) chips, but analysts caution against buying the dip too soon.

LONDON (Jan 15): The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will be a critical vehicle to expand and facilitate investment and trade between Malaysia and the United Kingdom (UK).

Anwar: CPTPP a critical vehicle to expand investment, trade between Malaysia and UK

OTTAWA (Jan 15): Canada&nbsp;could impose countermeasures on up to C$150 billion&nbsp;(US$105 billion, or RM471.8 billion)&nbsp;worth of US imports if President-elect Donald Trump puts tariffs on Canadian goods and services, a source familiar with the matter said on Wednesday.

Canada could impose tariffs on US$105b worth of US imports — Reuters

KUALA LUMPUR (Jan 16): Bintai Kinden Corporation Bhd (KL:BINTAI) said it has secured the approval from Bursa Malaysia for a proposed plan to fix its finances and strengthen the engineering services firm.

Bintai Kinden gets approval for regularisation plan, confident measures will help exit PN17

SEOUL (Jan 16): South&nbsp;Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday, weighing the impact of its back-to-back cuts last year, while supporting the won, which weakened to a 15-year low versus the US dollar in recent weeks.