<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 11): RHB Bank Bhd plans to issue up to RM10 billion in senior sukuk murabahah, which will be in multi currencies including the ringgit.</p></div>

<div class=newsTextDataWrapInner><p>The Sukuk Murabahah Programme was lodged with the Securities Commission Malaysia today, RHB said in a filing with Bursa Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>The group said the proceeds raised from the sukuk will be used within RHB Bank's group of companies for its working capital and general banking purposes of Islamic business activity.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>It will also be used for the refinancing and redemption of Islamic financing facilities for Islamic business purposes.</p></div>

<div class=newsTextDataWrapInner><p>Shares in RHB Bank closed seven sen or 1.49% lower at RM4.63 today, valuing the group at RM18.57 billion. Year-to-date, the counter has fallen by 19.9% from RM5.78.</p></div>


RHB Bank Bhd plans to issue up to RM10 billion in senior sukuk murabahah, which will be in multi currencies including the ringgit.

RHB Bank to issue senior sukuk to raise up to RM10b

Southeast Asia's top-performing stock market in 2024 is likely to continue its momentum into next year as Singapore unveils measures to revive its stock market, according to analysts at Morgan Stanley.

Singapore stocks to benefit from MAS reforms next year, Morgan Stanley says

BENGALURU (Nov 19): Copper prices drifted higher on Tuesday, as the dollar rally took a breather, although concerns over China demand and potential US tariffs continued to weigh on the market.

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CelcomDigi Bhd’s (KL:CDB) short-term outlook may be subdued following an underwhelming third-quarter, though analysts are cautiously betting that earnings will accelerate in 2025.

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BENGALURU (Nov 19): Gold prices climbed to a one-week high on Tuesday, buoyed by a softer US dollar, while the market awaited comments from Federal Reserve officials for cues on the US interest rate outlook.

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HONG KONG (Nov 19): China’s Vice Premier He Lifeng said on Tuesday that Beijing will support more “quality enterprises” from China to list and issue bonds in Hong Kong.

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MELBOURNE/WINNIPEG (Nov 19): The leader of the Moscow-backed breakaway Georgian region of Abkhazia resigned on Tuesday, after a deal allowing for the expansion of Russian business in the republic led to mass protests and the opposition seizing government buildings.

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WeWork Inc is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets.

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The Malaysian automotive sector could see sustained growth in 4Q2024 on high order backlogs and promotional activities, analysts said after a month-on-month (m-o-m) rebound in October sales.

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Like many Malaysians, I am an admirer of Tun Abdul Razak Hussein, Malaysia’s second prime minister. His boldness and vision as a leader were matched only by his integrity, work ethic and modesty. I very much welcome, therefore, the approach adopted by the book Tun Abdul Razak: Imagining Malaysia’...

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Hong Kong's High Court on Tuesday sentenced 45 pro-democracy activists to jail terms of up to 10 years in a landmark national security trial that has damaged the city's once feisty democracy movement and drawn international condemnation.

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<p>An estimated 620,000 jobs across 10 key sectors of the Malaysian economy are at risk of convergence of displacement if they do not reskill or pivot to an adjacent role, based on a study on the impact of artificial intelligence (AI), digital technology, and the green economy on the Malaysian workforce.</p>


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<p>Apple Inc has increased its offer to invest in Indonesia by almost tenfold, according to people familiar with the matter, in the US tech giant’s latest bid to persuade the government to lift its sales ban on the iPhone 16.</p>


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<p>SINGAPORE (Nov 18): Genting Singapore’s licence to operate a casino here has been renewed for two years with effect from next February.</p>


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<p>Donald Trump's social media company is in advanced talks to buy crypto trading firm Bakkt, the <i>Financial Times</i> reported on Monday, citing two people with knowledge of the talks.</p>


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<p>Asian stocks rose on Tuesday while US bond yields and the dollar hung back from multi-month highs as traders awaited President-elect Donald Trump's cabinet selection and sought to gauge the outlook for Federal Reserve easing.</p>


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<p>US&nbsp;President Joe Biden pledged a US$4 billion (RM17.8 billion) US contribution to the World Bank's International Development Association fund for the world's poorest countries, a senior Biden administration official said on Monday.</p>


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<p>The veto power held by the P5 (Permanent Five) countries in the United Nations Security Council (UNSC) should be more inclusive, said Prime Minister Datuk Seri Anwar Ibrahim.</p>


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<p>Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc’s Google to sell off its Chrome browser in what would be a historic crackdown on one of the world’s biggest tech companies.</p>


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<p>An undersea data cable connecting Finland and Germany was severed in the early hours of Monday by what was likely an external impact, authorities in the Nordic country said.</p>

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<p>Stocks climbed as treasuries halted a selloff that drove 10-year yields near 4.5%, with traders keeping a close eye on news around President-elect Donald Trump’s administration.</p>


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<p>Global watchdogs will move to rein in leverage at non-banks early next year, the Financial Stability Board promised on Monday, more than a year after its chair signaled a probe into mounting borrowings at hedge funds, private capital markets and others.</p>


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<p>Malaysia’s poultry players may see an expansion in their profit margins thanks to declining feed expenses and other input costs that will help soften the blow from the ringgit's depreciation, an analyst said.</p>


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<p>KUALA LUMPUR (Nov 19): The issue of tertiary-educated workers in Malaysia working in low-skilled jobs, the controversy surrounding the National Farmers Organisation (Nafas) and congestion at Bangunan Sultan Iskandar (BSI), Johor and the Kuala Lumpur International Airport (KLIA) will be the focus of Tuesday’s Dewan Rakyat sitting.</p>


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<p>Exchange-traded funds that buy Chinese stocks continue to see outflows amid rising concerns over the nation’s growth outlook and the risk of new tariffs under a Donald Trump administration.</p>


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<p>The value of a downtown Los Angeles tower owned by an affiliate of Brookfield Asset Management Ltd. was slashed 69%, the latest sign of troubles for offices in US central business districts.</p>


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<p>Prime Minister Datuk Seri Anwar Ibrahim held a meeting with the President of France, Emmanuel Macron, on the sidelines of the G20 Summit in Rio de Janeiro, Brazil.</p>


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<p>Boeing will lay off more than 2,500 workers in the US states of Washington, Oregon, South Carolina and Missouri, according to federally required filings posted on Monday and a union official, as part of the debt-heavy US planemaker's plan to cut 17,000 jobs, or 10% of its global workforce.</p>


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<p>US consumers had a tougher time accessing credit this year, with applications for auto loans and mortgage refinancing being turned down at the highest rates in more than a decade.</p>
