<div class=newsTextDataWrapInner>Flash: Some 4.81% of Classic Scenic shares traded off market at RM1.09 each</div>
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Flash: Some 4.81% of Classic Scenic shares traded off market at RM1.09 each
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Some 4.81% of Classic Scenic shares traded off market at RM1.09 each

Global stocks advanced on Friday as investors raised their bets on the prospect of a US interest rate cut this month, after payrolls data showed strong job growth in November, while the euro dipped against the dollar as political turmoil gripped France.

Wall Street adds to stock, rate cut bets after 'Thanksgiving buffet' jobs data

South Korean President Yoon Suk Yeol on Saturday apologised for causing a public stir by declaring martial law, and promised there will not be a second martial law declaration, he said in a televised address.

South Korea's Yoon apologises for martial law declaration

Here is a brief recap of the business news and corporate announcements that made the headlines on Friday:

Genting, JAKS Resources, KIP REIT, ITMAX, OSK Holdings, Kawan Food, Crescendo Corp, Cypark, FSBM, MMAG

SNS Network Technology Bhd (KL:SNS) has signed a three-year memorandum of understanding with Mimos Bhd to enhance software testing processes and drive innovation in artificial intelligence (AI).

SNS Network, Mimos partner to boost AI innovation and software testing capabilities

Wall Street's main indexes edged higher on Friday, with the S&P 500 and the Nasdaq touching intraday record highs as traders increased bets on a Federal Reserve rate cut this month following robust November payrolls data.

Wall Street climbs after monthly jobs data boosts December rate-cut bets

Things were already looking bad for Intel Corp shares this year. But the chipmaker’s sudden ouster of its chief executive officer has led to even more investors throwing in the towel.

Intel’s lack of a clear plan makes Wall Street even more bearish

A US federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban.

US appeals court upholds TikTok law forcing its sale

The flood situation in the country continued to improve as the number of flood evacuees in relief centres dropped steadily, with Terengganu fully recovering from flooding.

Flood situation continues to improve with number of evacuees dropping

Shareholders of Ubisoft Entertainment SA are considering how to structure a possible buyout of the Assassin's Creed video game maker without reducing the founding family's control, two people familiar with the matter told Reuters.

Ubisoft shareholders in talks over possible buyout terms — Reuters

Tanco Holdings Bhd (KL:TANCO) announced that its 79%-owned subsidiary, Midports Holdings Sdn Bhd (MHSB), is exploring a potential collaboration with Hong Kong-listed Cosco Shipping Ports Ltd for the operation and management of MHSB's proposed "smart AI container port project" in Port Dickson, Negeri Sembilan.

Tanco unit and HK-listed Cosco Shipping explore partnership to manage proposed Port Dickson AI port 

Here is a brief recap of the business news and corporate announcements that made the headlines on Friday:

Frozen food manufacturer Kawan Food Bhd (KL:KAWAN) is venturing into the supply and distribution of information technology equipment via a joint venture with several individuals, including its founder cum major shareholder, and its current chairman.

Kawan Food ventures into IT equipment business via JV  

Tanco Holdings Bhd (KL:TANCO) announced that its 79%-owned subsidiary, Midports Holdings Sdn Bhd (MHSB), is exploring a potential collaboration with Hong Kong-listed Cosco Shipping Ports Ltd for the operation and management of MHSB's proposed "smart AI container port project" in Port Dickson, Negeri Sembilan.

Wall Street's main indexes edged higher on Friday, with the S&amp;P 500 and the Nasdaq touching intraday record highs as traders increased bets on a Federal Reserve rate cut this month following robust November payrolls data.

SNS Network Technology Bhd (KL:SNS) has signed a three-year memorandum of understanding with Mimos Bhd to enhance software testing processes and drive innovation in artificial intelligence (AI).

Things were already looking bad for Intel Corp shares this year. But the chipmaker’s sudden ouster of its chief executive officer has led to even more investors throwing in the towel.

A US federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban.

South Korean President&nbsp;Yoon&nbsp;Suk Yeol on Saturday apologised for causing a public stir by declaring martial law, and promised there will not be a second martial law declaration, he said in a televised address.

The flood situation in the country continued to improve as the number of flood evacuees in relief centres dropped steadily, with Terengganu fully recovering from flooding.

A weekly round-up of tanker and dry bulk market (Dec 6, 2024)

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Baltic Exchange shipping updates: Dec 6, 2024

Romania's top court annulled the result of the first round of the country's presidential election on Friday, adding that the entire election process would have to be rerun.

The second round had been due to be held on Sunday and voting is already underway in polling stations abroad.

Romanian top court annuls presidential election result, election to be rerun

Shareholders of Ubisoft Entertainment SA are considering how to structure a possible buyout of the Assassin's Creed video game maker without reducing the founding family's control, two people familiar with the matter told Reuters.

Australian police said on Friday they were looking for two people suspected of deliberately starting a fire at a Melbourne synagogue that injured one and caused widespread damage.

The fire at the Adass Israel synagogue began early on Friday and police said the suspects were wearing masks.

Australian police looking for two suspects in arson attack on Melbourne synagogue

Global&nbsp;stocks advanced on Friday as&nbsp;investors raised their bets on the prospect of a US&nbsp;interest rate cut this month, after payrolls data showed&nbsp;strong&nbsp;job growth in November, while the euro dipped against the dollar as political turmoil gripped France.

The European Union (EU) and the South American Mercosur bloc clinched a long-sought trade deal over the vehement objections of France, which has pledged to lead a charge to obstruct its ratification.