<div class=newsTextDataWrapInner><p>（吉隆坡10日讯）国家能源（Tenaga Nasional Bhd）宣布，总执行长Datuk Seri Amir Hamzah Azizan已提交辞呈，自2月28日生效。</p></div>

<div class=newsTextDataWrapInner><p>该集团今日向大马交易所报备，Amir Hamzah辞职是因为他接受了财政部长的新委任。</p></div>

<div class=newsTextDataWrapInner><p><em>The Edge CEO Morning Brief</em>今日报引述消息人士报道，Amir Hamzah将出任雇员公积金局（EPF）总执行长。</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>这将是EPF三年内第二次领导层变动，此前现任总执行长Tunku Alizakri Alias于2018年8月接替前任Datuk Shahril Ridza Ridzuan。</p></div>

<div class=newsTextDataWrapInner><p>Amir Hamzah（53岁）于2019年4月加入国能，接替执掌这家公用事业巨头6年多的Datuk Seri Azman Mohd。</p></div>

<div class=newsTextDataWrapInner><p>休市时，国能起6仙或0.62%，报9.76令吉，市值达556亿8000万令吉。</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>（编译：陈慧珊）</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><em>English version：</em><a href="https://www.theedgemarkets.com/article/tenaga-ceo-amir-hamzah-resigns-following-his-acceptance-new-appointment-minister-finance" target="_blank">TNB’s Amir Hamzah tenders resignation as CEO, says accepted new post by MoF</a></p></div>


（吉隆坡10日讯）国家能源（Tenaga Nasional Bhd）宣布，总执行长Datuk Seri Amir Hamzah Azizan已提交辞呈，自2月28日生效。

该集团今日向大马交易所报备，Amir Hamzah辞职是因为他接受了财政部长的新委任。

The Edge CEO Morning Brief今日报引述消息人士报道，Amir Hamzah将出任雇员公积金局（EPF）总执行长。

这将是EPF三年内第二次领导层变动，此前现任总执行长Tunku Alizakri Alias于2018年8月接替前任D...

接受财政部新职 国能Amir Hamzah辞任CEO

FRANKFURT (Oct 17): The European Central Bank is likely to lower interest rates again on Thursday, arguing inflation in the euro zone is now increasingly under control and the economy is stagnating.

The first back-to-back rate cut in 13 years would mark a shift in focus for the eur...

ECB set for second straight rate cut as economy stagnates

Lim Seong Hai Capital Bhd (KL:LSH) and Besteel Engtech Sdn Bhd (BESB) have delivered their maiden joint-venture high-rise residential project named Laman Seri Harmoni (LSH33) in Sentul, Kuala Lumpur. Vacant possession of the project was delivered 33 days ahead of schedule on Sept 12.

According to a media statement, LSH Capital through a wholly owned subsidiary, LSH Best Builders Sdn Bhd (LSHBB), and BESB held the key handover ceremony on Wednesday. The event was graced by Kuala Lumpur mayor Datuk Seri Maimunah Mohd Sharif.

LSH Capital hands over maiden high-rise project in Sentul, KL

KUALA LUMPUR (Oct 17): Public Bank Bhd’s (KL:PBBANK) capitalisation will remain healthy, even after fully accepting the mandatory general offer (MGO) to acquire all remaining shares of LPI Holdings Bhd (KL:LPI), said S&P Global Ratings.

Public Bank still well capitalised after LPI Capital stake buy — S&P Global

SYDNEY (Oct 16): Australian dollar debt sales, running at the fastest clip on record, are starting to hit the brakes as capital markets hunker down for the U.S. election, according to bankers in Sydney.

Some A$267.6 billion ($180.4 billion) has been raised in the debt market over the ye...

Debt boom hits pause Down Under as US election looms

The European Central Bank (ECB) is widely expected to cut its key policy rate at its meeting on Oct 17, and the US Federal Reserve (Fed) will likely follow suit when it convenes on Nov 6-7.

ECB and Fed may struggle to solve debt riddle — Klement

KUALA LUMPUR (Oct 17:) TA Securities expects egg prices to increase by just two- to three sen if the government proceeds with the removal of its 10 sen subsidy, easing concerns of a sharp price hike.

Potential egg subsidy removal saves govt RM1.2b annually, unlikely to impact players — TA Securities

Malaysia plans to diversify its trading partners to explore new solar export markets, amid geopolitical tensions and the ongoing trade war between China and the US, according to the Ministry of Investment, Trade and Industry (Miti).

Zafrul stresses need for 'diverse trading partners' to explore new solar markets

October is usually an active month in Malaysia as we anticipate the national budget proposals to be announced. For Budget 2025, it is expected that the government will unveil updated incentives and reliefs that aim to alleviate taxpayers’ burdens. For certain, there will be ongoing restructuring ...

My Say: Reforming the personal income tax system

There is no solid evidence linking government officials or political leaders to GISB Holdings Sdn Bhd, based on investigations so far.

However, in a written response on Parliament's website, the Ministry of Home Affairs stated that they do not rule out any possibilities as the Royal Malaysian Police's investigation is still ongoing from various angles and under numerous legal provisions.

No solid evidence linking govt officials, political leaders to GISB, Parliament told

Goldman Sachs said on Wednesday it expects the US Federal Reserve (Fed) to deliver consecutive 25-basis-point (bps) interest rate cuts from November this year through June 2025 to a terminal rate range of 3.25% to 3.5%.

Goldman expects series of consecutive 25 bps Fed cuts ahead

<p>Apple Inc&nbsp;worked with Chinese automaker BYD Co&nbsp;for years as part of its now-cancelled car project, developing long-range batteries that helped lay the groundwork for technology used today, according to people familiar with the situation.</p>

<p>Apple and the Shenzhen-based company teamed up around 2017 to build a battery system using lithium iron phosphate cells, said the people, who asked not to be identified because the effort hadn’t been disclosed. The technology was designed to be longer-range and safer than typical electric-vehicle (EV) batteries at the time.&nbsp;</p>


Apple secretly worked with China’s BYD on long-range EV batteries — Bloomberg

<p>Equities in Asia rose after Wall Street closed higher, helped along by a rotation out of megacap tech to small-cap companies. Chinese stocks erased gains after a press briefing by finance and housing ministers.</p>

<p>China’s CSI 300 index was flat amid the press briefing, after rising as much as 1.3% earlier. A gauge of Chinese property stocks extended losses. China&nbsp;said&nbsp;that will expand a programme to support “white list” projects to four trillion yuan&nbsp;(US$562 billion or RM2.42 trillion) from about 2.23 trillion yuan already deployed. Hong Kong stock benchmarks also trimmed gains.</p>


Asian stocks rise, Chinese shares reverse gains after housing minister's briefing

<p>Energy firms TotalEnergies, Qatar Energy,&nbsp;Petroliam Nasional Bhd (Petronas),&nbsp;Cybele Energy, Delcorpand International Group Investment&nbsp;have reached agreements with Guyana&nbsp;over&nbsp;terms of production sharing&nbsp;deals&nbsp;to&nbsp;explore five oil and gas offshore blocks, the country's Energy Ministry said on Wednesday.</p>


Petronas among companies reaching agreements to explore Guyana's offshore O&G blocks

<p>Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was the world’s wealthiest person.</p>

<p>Fast forward to Wednesday and a slump in Chinese demand for Louis Vuitton bags, Dior gowns and other high-end fashion has wiped out more than €150 billion (US$163 billion or RM701.2 billion) in LVMH market capitalisation. Arnault’s fortune has been relegated to the fifth place on the Bloomberg Billionaires Index, which also shows that he has lost more money — US$37 billion — during the period than anyone else on the ranking of the world’s 500 richest people.</p>


Arnault’s US$37b wealth loss comes as luxury dims in China

<p>Stock traders kept driving a rotation out of the megacaps that have powered the bull market and into other corners of Wall Street.</p>

<p>Economically sensitive shares outperformed, with the Russell 2000 of smaller firms hitting the highest in almost three years. Most big techs fell, though Nvidia Corp&nbsp;jumped 3.1%. An equal-weighted version of the S&amp;P 500 — where the likes of Apple Inc&nbsp;carry the same heft as Dollar Tree Inc&nbsp;— beat the US benchmark. That gauge is less impacted by the largest companies — providing a glimpse of hope the rally will broaden out.</p>


Stock rotation lifts small caps to three-year high

<p>Bitcoin bulls are setting their sights again on the record highs reached in March with optimism building around riskier assets and the looming US election.&nbsp;</p>

<p>“After six months of price consolidation this year, the stage is set for a perfect storm in favour of bitcoin and other crypto assets,” wrote Blockforce Capital’s Brett Munster. He cited a rise in global liquidity, including from China, which has been offering a raft of stimulus measures in recent days in an attempt to boost its economy.</p>


Bitcoin approaches US$70,000 with speculators eyeing record highs

<p>KUALA LUMPUR (Oct 17:) TA Securities expects egg prices to increase by just two- to three sen if the government proceeds with the removal of its 10 sen subsidy, easing concerns of a sharp price hike.</p>


<p>China said it will expand a programme to support “white list” property projects to four trillion yuan (US$562 billion or RM2.42 trillion) from about 2.23 trillion yuan already deployed, adding more ammunition to halt the sector’s decline.</p>


China to boost support for unfinished properties to US$562b — minister

<p>China’s economy likely grew at its weakest pace in six quarters, prompting Beijing to roll out a swath of&nbsp;stimulus measures&nbsp;in late September to draw a line under the slowdown.&nbsp;</p>

<p>Data on Friday is set to show the economy expanded 4.5% in the third quarter from a year ago, according to economists surveyed by<em> Bloomberg</em>. That would be the least since March 2023, though it should keep expansion for the first nine months at 4.9%, in line with Beijing’s annual goal of around 5%.</p>


China’s economy likely grew at weakest pace in six quarters

<p>Traders exited Nasdaq-100 futures at the fastest pace this year on Tuesday as shares of chipmakers slid following ASML Holding NV’s surprise announcement lowering its 2025 guidance.</p>

<p>Open interest — or the size of outstanding positions — in the contracts sank by US$5.7 billion (RM24.5&nbsp;billion) notional value, according to data compiled by<em> Bloomberg</em>, the biggest drop in 2024 and dwarfing the average daily change.&nbsp;</p>


Nasdaq 100 futures holdings shrink by US$6b after ASML chip selloff

<p>The winding-up session of the debate and voting on the Constitution (Amendment) Bill 2024 concerning citizenship will be the highlight&nbsp;of Thursday's Dewan Rakyat session.</p>

<p>Home Minister Datuk Seri Saifuddin Nasution Ismail is expected to wind up the debate on the Bill.</p>


Winding-up, voting on bill regarding citizenship focus in Parliament for the day

<p>Japan’s ruling Liberal Democratic Party (LDP) may lose its outright majority in the lower house of Parliament for the first time since 2009 in this month’s&nbsp;election, while keeping control of the chamber with the help of its coalition partner, major Japanese media predicted on Thursday.</p>


Japan’s LDP may lose majority for first time since 2009, media forecasts show

<p>Boeing is closing in on a plan to raise around US$15 billion (RM64.48 billion) with common shares and a mandatory convertible bond, as the jetmaker bolsters finances&nbsp;worsened by a crippling strike, but the timing remains unclear, four sources familiar with the matter told <em>Reuters.</em></p>


Boeing honing US$15b financing plan to weather crises — Reuters

<p>Malaysia plans to diversify its trading partners to explore new solar export markets, amid geopolitical tensions and the ongoing trade war between China and the US, according to the Ministry of Investment, Trade and Industry (Miti).</p>


<p>KUALA LUMPUR (Oct 17): Public Bank Bhd’s (KL:PBBANK) capitalisation will remain healthy, even after fully accepting the mandatory general offer (MGO) to acquire all remaining shares of LPI Holdings Bhd (KL:LPI), said S&amp;P Global Ratings.</p>


<p>There is no solid evidence linking government officials or political leaders to GISB Holdings Sdn Bhd, based on investigations so far.</p>

<p>However, in a written response on Parliament's website, the Ministry of Home Affairs stated that they do not rule out any possibilities as the Royal Malaysian Police's investigation is still ongoing from various angles and under numerous&nbsp;legal provisions.</p>


<p>(Oct 17):&nbsp;Video-game developer FractureLabs filed a lawsuit against Jump Trading, accusing one of the cryptocurrency industry’s biggest market makers of “fraud and deceit” by manipulating the price of a token used in an online game.</p>


Jump trading accused of ‘pump and dump’ in game developer’s suit

<p>JAKARTA (Oct 17): In northern Jakarta Bay, a region with the highest prevalence of growth stunting and malnutrition in Indonesia’s capital, about 160 first graders excitedly grab their free school lunches on a hot September day.</p>


Indonesia’s US$30b free lunch plan hinges on big tax revamp

<p>Star Entertainment Group Ltd&nbsp;has been allowed to keep running its flagship Sydney casino under government supervision, a letoff for the unprofitable gaming operator after a series of damning governance and cultural failings.&nbsp;</p>


Star keeps Sydney casino licence, fined US$10m

<p>Goldman Sachs said on Wednesday it expects the US&nbsp;Federal Reserve (Fed) to deliver consecutive 25-basis-point (bps) interest rate cuts from November this year through June 2025 to a terminal rate range of 3.25% to 3.5%.</p>
