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<div class=newsTextDataWrapInner><p>Jim Rogers, the feted investor who amassed a fortune alongside George Soros in the 1970s, said in September that he had turned bearish on India. “I did sell my India shares as I don’t see anything happening... There was nothing new coming from [Prime Minister Narendra] Modi,” he said at the time. “You can’t just invest on hope.”</p></div>

<div class=newsTextDataWrapInner><p>It was a scathing indictment from an investor who craves attention. With his sharp wit and penchant for bow ties, Rogers is a favourite of the financial media. Even his move to Singapore so his daughters could learn Mandarin without suffering the smog in China drew headlines. It was described as a wise move by the billionaire investor.</p></div>

<div class=newsTextDataWrapInner><p>Yet, Rogers is often spectacularly wrong. His bet on a commodity super-cycle seems unfounded. His own Rogers Commodity Index is now 61% below its 2008 peak. In 2012, Rogers proclaimed that the US dollar was doomed. Since then, the greenback has appreciated 23% against the euro. Also, with the haze from Indonesia, the air quality in Singapore has been dire lately.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>
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Jim Rogers, the feted investor who amassed a fortune alongside George Soros in the 1970s, said in September that he had turned bearish on India. “I did sell my India shares as I don’t see anything happening... There was nothing new coming from [Prime Minister Nar...

Why Jim Rogers is wrong to ditch India

PUTRAJAYA (Jan 6): Former 1Malaysia Development Bhd (1MDB) chairman Tan Sri Dr Mohd Irwan Serigar Abdullah, who is former treasury secretary general, will bring in two former 1MDB board members as third parties in a US$6.59 billion suit filed by the strategic development company against him and former 1MDB president Arul Kanda Kandasamy. This follows the Federal Court’s ruling to dismiss their application for leave to reverse an earlier Court of Appeal’s (COA) decision that had allowed Irwan to bring in the two former board members as third parties.

Two ex-directors to be included as third parties in US$6.59b 1MDB suit after Apex court denies them leave to appeal

Demand for Malaysia’s palm oil could rise if Indonesia goes through with its plan to raise export levy to support the higher biodiesel mandate, TA Securities said on Monday.

Raising the export levy to 10% would add US$26.49 per tonne, making Indonesian crude palm oil (CPO) even more expensive than Malaysia’s product, the research house said. The price of Indonesia’s palm oil is already at a premium of US$146.30 per tonne above that of Malaysia, it noted.

Demand for Malaysian palm oil could rise if Indonesia raises exports levy — TA Securities

A three-member Court of Appeal bench on Monday has ruled to allow former prime minister Datuk Seri Najib Razak’s appeal, to have the merits of his challenge over the existence of an addendum, purportedly issued by the 16th Yang di-Pertuan Agong for him to serve the remainder of his jail sentence under house arrest, to be heard at the High Court.

Najib's addendum appeal allowed via majority decision, case reverted to High Court

The Visit Malaysia 2026 (VM2026) campaign, launched on Monday, is centred on two core pillars — high-yield and sustainable tourism, said Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing.

He said these reflect Malaysia’s commitment to offering meaningful experiences while protecting the country's unique treasures.

VM2026 focus on high-yield, sustainable tourism — Tiong

KUALA LUMPUR (Jan 6): The Federal Court has dismissed a 38 year-old woman’s bid to review an apex court decision affirming her religious status as “Muslim”.

Woman loses bid to review apex court decision to change religious status

Senior federal counsel Shamsul Bolhassan, representing the government and other respondents in Datuk Seri Najib Razak’s appeal over a purported addendum, told the Court of Appeal on Monday that the addendum was never discussed or brought up during the Federal Territory Pardons Board’s 61st meeting on Jan 29 last year.

AGC claims no due diligence on Najib’s part to produce additional evidence on purported addendum, maintains February release as main order

A landslide occurred at Jalan Besar Kampung Raja, Cameron Highlands early Monday morning, blocking the road in both directions.

Cameron Highlands district police chief Supt Azri Ramli said no casualties or property damage were reported in the 2am incident.

Landslide at Kampung Raja blocks access road to Cameron Highlands

PUTRAJAYA (Jan 6): The Ministry of Transport (MOT) will establish a special task force to comprehensively address heavy vehicle safety issues, said its minister Anthony Loke.

Loke: Special task force to be established to address heavy vehicle safety issues

Justin Trudeau is expected to announce his resignation as leader of Canada’s Liberal Party this week, the Globe and Mail reported, a move that would trigger a race to replace him as prime minister.

Canada’s Trudeau is likely to resign this week — report

Cafe chain operator Oriental Kopi Holdings Bhd set its initial public offering (IPO) price at 44 sen apiece in a share sale that would raise RM183.96 million ahead of its listing on the ACE Market.

ACE Market-bound Oriental Kopi to raise RM184 mil, sets IPO price at 44 sen

<p>A three-member Court of Appeal bench on Monday has ruled to allow former prime minister Datuk Seri Najib Razak’s appeal, to have the merits of his challenge over the existence of an addendum, purportedly issued by the 16th Yang di-Pertuan Agong for him to serve the remainder of his jail sentence under house arrest, to be heard at the High Court.</p>


<p>A crowd rallied outside the Palace of Justice on Monday to support former prime minister Datuk Seri Najib Razak in his renewed bid to serve the rest of his prison term under house arrest.</p>


Supporters turn up to Najib solidarity rally

<p>Pahang exco member Datuk Nizar Najib has produced a letter from the Royal Pahang Household, purportedly verifying the existence of the Jan 29, 2024, addendum that allows former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence under house arrest.</p>


Nizar produces letter purportedly from Pahang comptroller, allegedly verifying addendum

<p>Cafe chain operator Oriental Kopi Holdings Bhd set its initial public offering (IPO) price at 44 sen apiece in a share sale that would raise RM183.96 million ahead of its listing on the ACE Market.</p>


<p>KUALA LUMPUR (Jan 6): Binastra Corporation Bhd (KL:BNASTRA) may be the preferred contractor for property projects worth RM10 billion in gross development value over the next three years, Mercury Securities said.</p>


Binastra may be preferred contractor for property projects worth RM10b, Mercury starts coverage on 'buy'

<p>KUALA LUMPUR (Jan 6): Shares of glove manufacturers rallied on Monday in active trade amid reports of new virus infections in China, though authorities have downplayed the infections as&nbsp;seasonal winter peak.</p>


Glove stocks rally amid reports of new virus infections in China, MIDF shrugs off potential demand spike

<p>Share markets got off to a patchy start in Asia on Monday ahead of a week brimming with economic news that should underline the relative outperformance of the US and support the dollar's ongoing bull run.</p>


Shares patchy in Asia, Canadian dollar up on Trudeau report

<p>KUALA LUMPUR (Jan 6): Shares of NationGate Holdings Bhd (KL:NATGATE) hit fresh all-time high in early morning trade on Monday, after gaining 16 sen or 6.4% at RM2.60, becoming the fourth biggest gainer on Bursa Malaysia.&nbsp;</p>


NationGate hits new record high on first mover advantage, deliveries of AI GPU servers

<p>(Jan 6): The Australian dollar slid the most in six years in 2024 but its decline looks far from over — there’s every prospect it will fall below 60 US cents (RM2.70)&nbsp;in coming months.</p>


Bears see Aussie dollar drop to 60 cents as Trump readies China tariffs

<p>(Jan 6): The task of providing elderly care for the growing number of Chinese baby boomers may be a headache for Beijing, but a Singaporean hospital operator sees it as an evergreen opportunity.</p>


Singapore hospital operator Perennial targets wealthy boomers in China

<p>Senior federal counsel Shamsul Bolhassan, representing the government and other respondents in Datuk Seri Najib Razak’s appeal over a purported addendum, told the Court of Appeal on Monday that the addendum was never discussed or brought up during the Federal Territory Pardons Board’s 61st meeting on Jan 29 last year.</p>


<p>Justin Trudeau is expected to announce his resignation as leader of Canada’s Liberal Party this week, the<em> Globe and Mail </em>reported, a move that would trigger a race to replace him as prime minister.</p>


<p>Local institutions supported Bursa Malaysia for the 11th consecutive week, with net purchases of RM304.0 million in domestic equities, according to MIDF Amanah Investment Bank Bhd. &nbsp;</p>


MIDF: Local institutions back Bursa Malaysia for 11th straight week

<p>KUALA LUMPUR (Jan 6): U Mobile has signed an agreement with the Federal Land Development Authority (Felda), in which&nbsp;the telco will play a critical role in supporting the group in its digital transformation drive.&nbsp;</p>


U Mobile, Felda ink agreement to support digital transformation

<p>SYDNEY (Jan 6): Insignia Financial shares shot to a three-year high on Monday, after it revealed a A$2.87 billion (US$1.78 billion, or RM8.01 billion) takeover bid from US-based investment manager CC Capital Partners, eclipsing a A$2.67 billion offer from Bain Capital.</p>


Australia's Insignia gets US$1.8b bid from CC Capital, topping Bain offer

<p>SINGAPORE (Jan 6): Singapore-headquartered data-centre company Digital Edge said on Monday that it had raised over US$1.6 billion (RM7.21 billion) in new capital via a combination of equity and debt financing, to fund its next phase of growth.</p>


Singaporean data-centre firm Digital Edge raises over US$1.6b

<p>(Jan 6):&nbsp;China reaffirmed its support for the yuan, after allowing the currency to slip below a key support level in the last session.</p>


PBOC maintains support for yuan with fix stronger than key level

<p>(Jan 6):&nbsp;Shares in Nippon Steel Corp&nbsp;slipped on Monday, the first day of trading since US President Joe Biden&nbsp;blocked&nbsp;the Japanese company’s planned US$14.1 billion (RM63.49 billion) takeover of United States Steel Corp.</p>


Nippon Steel dips after Biden blocks US Steel takeover

<p>(Jan 6): The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily reference rate for the managed currency to gauge Beijing’s appetite to support it.</p>


Yuan traders look to PBOC fixing to gauge level of support

<p>LONDON (Jan 5): Elon Musk said Nigel Farage should quit as leader of Britain's right-wing Reform UK party&nbsp;in an abrupt withdrawal of support by the US&nbsp;billionaire for the Brexit campaigner, who is trying to shake up the British political establishment again.</p>
