<div class=newsTextDataWrapInner>PetChem buys over three units from Petronas&nbsp;to participate in petrochemicals projects in RAPID, Johor</div>
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PetChem buys over three units from Petronas to participate in petrochemicals projects in RAPID, Johor
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PetChem buys over three units from Petronas to participate in petrochemicals projects in RAPID, Johor

A key bondholder group of Country Garden Holdings Co, one of China’s most closely watched developers ensnared in the broader property crisis, isn’t on board with restructuring terms unveiled on Thursday, people familiar with the matter said.

Country Garden yet to get key bondholders’ support for debt plan, Bloomberg reports

The Asean Intergovernmental Commission on Human Rights (AICHR) has shared three main priorities to address the issue on human rights as Malaysia takes on the chairmanship of Asean this year.

AICHR stands for Asean’s right to human rights

The Chinese foreign ministry said on Friday that it had maintained close communication with the World Health Organization (WHO) on respiratory diseases, when asked about the rising cases of the human metapneumovirus (HMPV) in China.

China in contact with WHO on respiratory diseases, says foreign ministry 

Japanese Prime Minister Shigeru Ishiba left for Indonesia on Friday after concluding a two-day official visit to Malaysia.

Japanese PM Ishiba concludes official visit to Malaysia

Japan and Malaysia have committed to enhancing cooperation in addressing pressing regional and international challenges, including tensions in the East China Sea, South China Sea, the Middle East, and the ongoing crisis in Myanmar.

Japan, Malaysia to strengthen cooperation on regional, global issues

China said it will adopt a proactive fiscal policy and speed up the implementation of pro-growth measures, as Beijing works to increase public spending this year to bolster an economy threatened by Donald Trump’s return and domestic woes.

China vows ‘very proactive’ fiscal policy before Trump’s return

The secretariat for the Federal Territories Pardons Board has denied the existence of any additional document or royal addendum in its official files or records that purportedly allows former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence under house arrest.

No royal addendum for Najib's house arrest in Pardons Board's records, says secretariat

China emitted 13 billion metric tonnes of climate-warming greenhouse gases in 2021, up 4.3% from a year earlier, it said in its latest official submission to the United Nations, published by state media on Friday.

China says greenhouse gas emissions hit 13 billion tonnes in 2021

Indonesia will expand its existing defence partnerships and step up its handling of strategic issues impacting its sovereignty, including maritime security and the safety of sea passage and fisheries, its foreign minister said on Friday.

Indonesia to intensify defence partnerships and maritime security, says foreign minister

Wildfires menacing Los Angeles have killed at least 10 people and devoured nearly 10,000 structures, with five fires burning into a third night on Thursday as dry desert winds fanning the flames again gathered strength.

Los Angeles wildfires devour thousands of homes, death toll rises to 10

Malaysia’s benchmark FBM KLCI registered a strong 12.58% gain in 2024 — marking its best performance in 14 years — as the country saw a sharp recovery in investor sentiment after a prolonged period of political uncertainties, lifted by strong investment activity and trade activities.

2025 outlook: The key sectors to watch

Former prime minister Datuk Seri Najib Razak was visibly shaken on Friday as the prosecution attacked his defence testimony with an onslaught of questions on the infamous ‘donation’ from Saudi royalty.

Najib visibly shaken as prosecution attacks his inconsistencies over 'donation' details

Oriental Kopi Holdings Bhd (KL:KOPI) could deliver a strong share price gain with above-peer valuations backed by robust earnings growth, according to two research houses starting coverage of the soon-to-be-listed café operator.

Oriental Kopi may deliver strong share price gain after IPO; Apex, Tradeview start coverage with ‘buy’

Shares of Gamuda Bhd (KL:GAMUDA) could potentially climb as much as 62% from the last price if its market value catches up with the size of its order book, CGS International said on Friday.

Gamuda share price could trade over RM8 if market value catches up with order book — CGS

Gamuda Land and Public Bank Bhd (KL:PBBANK) have introduced Malaysia’s first flexible 120% home financing package, the PB SmartLiving scheme, offering new levels of accessibility and affordability for homebuyers.

Gamuda Land, Public Bank unveil Malaysia's first 120% home financing plan

Tenaga Nasional Bhd or TNB (KL:TENAGA) said its indirectly wholly owned unit TNB Western Energy Bhd (TNB WE) has been slapped with an income tax bill amounting to RM291.55 million for the year of assessment 2018 from the Inland Revenue Board (IRB).

Tenaga Nasional unit gets additional RM292m tax bill

The US restriction of artificial intelligence (AI) chip exports may lead to a sector-wide slowdown, affecting the entire supply chain in the semiconductor industry, according to RHB Investment Bank.

US AI chip export curbs may lead to sector-wide slowdown — analysts

Nvidia Corp criticised new chip export restrictions that are expected to be announced soon, saying the White House was trying to undercut the incoming Trump administration by imposing last-minute rules.

Nvidia slams Biden for trying to ‘pre-empt’ Trump with policy

Berjaya Group is seeking a new partner as it bids for a proposed multibillion-dollar high-speed rail (HSR) line between Kuala Lumpur and Singapore, after Malaysian Resources Corp Bhd (KL:MRCB) withdrew from the consortium, Berjaya Corporation Bhd (KL:BJCORP)&nbsp;founder Tan Sri Vincent Tan Chee Yioun Chiun said.

Berjaya's Vincent Tan seeks new partner in KL-Singapore HSR bid

Risks are building up towards an earlier rate hike due to Malaysia's removal of RON95 petrol subsidies, according to BMI, a Fitch Solutions company, though it officially forecasts the rate to remain unchanged this year.

BMI says Malaysia's planned RON95 subsidy removal heightens rate hike risk, but keeps OPR target at 3%

Despite being known as a consummate gentleman, Datuk Seri Najib Razak told the High Court here on Friday that he didn't send thank-you notes or express any gesture of gratitude after receiving donations from the Arab royalty.

1MDB-Tanore: Why no thank-you note to Saudi donors? Prosecution takes aim at consummate gentleman Najib's 'bad manners'

Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) has reached the final investment decision for the development of the Hidayah field offshore East Java, Indonesia.

Petronas reaches final investment decision to develop Hidayah field off Indonesia

U Mobile Sdn Bhd, the nation’s newly selected second 5G network access provider, is set to deploy between 5,000 and 7,000 5G sites across Malaysia, according to industry sources cited by RHB Research.

U Mobile set to deploy up to 7,000 5G sites across Malaysia, RHB says, citing sources

Sime Darby Property Bhd (KL:SIMEPROP) said on Friday it has fully acquired two modern double-storey logistics warehouses in Bandar Bukit Raja, Selangor for RM232 million.

Sime Darby Property fully acquires Bandar Bukit Raja warehouses for RM232 mil

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Japan to be involved with REE processing in Malaysia — Anwar

Despite the anticipation of incoming personal donations of substantial amounts, former prime minister Datuk Seri Najib Razak told the High Court here on Friday that he did not know how the Saudi royalty had obtained his personal bank account details.

1MDB-Tanore: Najib says unaware how Saudi donors got his account details or knew of account change

Japan's Prime Minister Shigeru Ishiba, currently on a two-day official visit to Malaysia, was accorded a formal welcoming ceremony at the Perdana Putra Complex on Friday.

Japanese PM accorded official welcome at Perdana Putra

Wall Street futures fell in Asia and treasury yields held near eight-month highs on Friday as investors counted down to a US jobs report that could exacerbate or ease the sell-off in the global bond market.

Stocks fall, US yields near eight-month highs ahead of jobs data

Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the clean hydrogen energy collaboration project between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) could be facilitated by May this year.

Anwar hopes Petronas, Petros hydrogen venture can meet May deadline for facilitation

President-elect Donald Trump said a meeting with Russian President Vladimir Putin is being set up.

At a meeting with Republican governors at Trump’s Mar-a-Lago club, the incoming president told a reporter that Putin “wants to meet” and added, “we’re gonna — we’re setting it up.” Any such meeting, were it to happen, would come after he’s inaugurated as president, Trump said.