<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 22): Schneider Electric has appointed Yoon Young Kim as its new cluster president of Singapore, Malaysia, and Brunei.</p></div>

<div class=newsTextDataWrapInner><p>In a statement, the France-headquartered energy and automation digital solutions provider said Kim previously served as the cluster president for Vietnam and Cambodia for four years.</p></div>

<div class=newsTextDataWrapInner><p>It added that in his new role, Kim will be working to drive the expansion and manufacturing capabilities of the Singapore, Malaysia, and Brunei cluster.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Schneider said Kim will focus on high-growth potential areas such as microgrids, while also helping clients within the cluster operate more sustainably.</p></div>

<div class=newsTextDataWrapInner><p>Prior to his tenure at Schneider Electric, Kim has also held other leadership positions at a multinational conglomerate company.</p></div>

<div class=newsTextDataWrapInner><p>Having worked in North America, South Korea, Brazil, and Vietnam, he brings his extensive professional experience, as well as a deep understanding of cultural differences to his new role.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, the previous cluster president, Damien Dhellemmes, will now be taking up a new role as senior vice president for digital energy — commercial at Schneider Electric.</p></div>


Schneider Electric has appointed Yoon Young Kim as its new cluster president of Singapore, Malaysia, and Brunei.

In a statement, the France-headquartered energy and automation digital solutions provider said Kim previously served as the cluster president for Vietnam and Cambodia for four years.

Yoon Young Kim appointed as Schneider Electric’s new cluster president of Singapore, Malaysia, Brunei

Japan’s financial regulator ordered AEON Bank Ltd to fix its anti-money laundering system, saying it failed to detect and report suspicious activities by clients.

Japan's regulator orders AEON Bank Japan to fix money laundering gaps

Inspector-General of Police Tan Sri Razarudin Husain filed a RM3 million defamation lawsuit against blogger Wan Muhammad Azri Wan Deris, better known as Papagomo.

IGP files defamation suit against Papagomo

Thailand and Malaysia are strengthening bilateral relations with an aspiring plan to achieve US$30 billion (RM134.22 billion) bilateral trade target by 2027, while prioritising greater cross-border trade promotion and facilitation in key sectors.

Thailand, Malaysia set sight on US$30b trade by 2027, greater cross-border ties

Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.

Singapore oil mogul declared bankrupt after empire collapsed

The Malaysian Meteorological Department (MetMalaysia) has issued a continuous rain warning at the alert level for several areas in Sabah until Dec 30.

MetMalaysia warns of continuous rain across four states

Rapid KL’s rail services will operate until 3am, while selected bus routes will run until 3.30am on Jan 1 to ease congestion during New Year’s Eve celebrations for 2025.

Rapid KL extends operating hours for New Year's Eve celebrations

Back in August, Donald Trump announced that, if elected, he would try to amend the Federal Reserve Act to give the president a larger say in monetary policymaking. Now that he is heading back to the White House, is central bank independence on the chopping block?

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The year 2024 has been a blockbuster one for Malaysia in terms of investment announcements, as global big names Microsoft Corp, Google LLC and more recently Oracle Corp disclosed multi-year billion-ringgit investments into the country.

A blockbuster year for foreign investment

Jeff Bezos’ aerospace firm Blue Origin fired up the engines on its massive new rocket, the New Glenn, on Friday — a last critical test needed to pave the way for the vehicle’s debut launch to space.

Blue Origin fires up engines on new rocket ahead of debut launch

China will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next year, the government said on Saturday.

China to cut import tariffs on some recycled copper and aluminium raw materials

<p>President-elect Donald Trump thrust himself into the high-stakes fight over the fate of TikTok in the US by urging the Supreme Court to pause a law that would ban the social media platform if it isn’t sold by its Chinese parent company.</p>


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<p>Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.</p>


<p>The US Treasury Department may need to take "extraordinary measures" by as early as Jan 14 to prevent the US from defaulting on its debt, Treasury Secretary Janet Yellen told lawmakers in a letter on Friday.</p>


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<p>The year 2024 has been a blockbuster one for Malaysia in terms of investment announcements, as global big names Microsoft Corp, Google LLC and more recently Oracle Corp disclosed multi-year billion-ringgit investments into the country.</p>


<p>China will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next year, the government said on Saturday.</p>


<p>After closing the books on a banner year for US stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power in Washington could send markets moving.</p>


Trump's first actions and job data to test US market in January

<p>Terraform Labs Pte Ltd co-founder Do Kwon will be handed over to the US for prosecution, the government of Montenegro said, potentially ending a standoff over competing extradition demands by the US and Kwon’s native South Korea.</p>


Crypto mogul Do Kwon to be extradited to US, Montenegro says

<p>Azerbaijan Airlines said the crash of its passenger plane in Kazakhstan that killed 38 people this week was caused by “external interference.”</p>


Azerbaijan Airlines pauses over half of flights to Russia after crash

<p>The Malaysian Meteorological Department (MetMalaysia) has issued a continuous rain warning at the alert level for several areas in Sabah until Dec 30.</p>


<p>Freddie Mac's latest&nbsp;Primary Mortgage Market Survey<a data-rapid_p="7" data-v9y="1" data-ylk="slk:Primary Mortgage Market Survey,;elm:context_link;itc:0;sec:content-canvas" href="https://www.foxbusiness.com/category/home-mortgage" rel="nofollow noopener" target="_blank">,</a>&nbsp;released Thursday, showed that the average rate on the benchmark&nbsp;30-year fixed<u> </u>mortgage&nbsp;jumped to 6.85%, up from last week's reading of 6.72%.</p>


Mortgage rates rise for second straight week, highest since July — report

<p>Russian President Vladimir Putin said on Thursday that Russia is open to a Slovakian proposal to host peace talks with Ukraine to end a conflict he said Russia was determined to bring to a conclusion.</p>


Putin says Slovakia could host peace talks with Ukraine

<p>Thailand and Malaysia are strengthening bilateral relations with an aspiring plan to achieve US$30 billion (RM134.22 billion) bilateral trade target by 2027, while prioritising greater cross-border trade promotion and facilitation in key sectors.</p>


<p>Rapid KL’s rail services will operate until 3am, while selected bus routes will run until 3.30am on Jan 1 to ease congestion during New Year’s Eve celebrations for 2025.</p>


<p>Jeff Bezos’ aerospace firm Blue Origin fired up the engines on its massive new rocket, the New Glenn, on Friday — a last critical test needed to pave the way for the vehicle’s debut launch to space.</p>


<p>Back in August, Donald Trump announced that, if elected, he would try to amend the Federal Reserve Act to give the president a larger say in monetary policymaking. Now that he is heading back to the White House, is central bank independence on the chopping block?</p>

<p>When Trump was out of o...

<p>Inspector-General of Police Tan Sri Razarudin Husain filed a RM3 million defamation lawsuit against blogger Wan Muhammad Azri Wan Deris, better known as Papagomo.</p>


<p>As we come to terms with the conclusion of COP29, the outcome — a shockingly diluted climate financing agreement — has left many questioning the credibility of the Conference of the Parties (COP) process. Originally conceived to ensure continuity and escalation of climate commitments, the COP con...