KUALA LUMPUR: The federal government has decided to ditch the project delivery partner (PDP) model for the entire RM29 billion Pan Borneo Highway project in favour of the turnkey contractor model, sources with knowledge on the matter told The Edge Financial Daily.

Sources said the works...

‘Govt takes over Pan Borneo Highway, removes PDP’

KUALA LUMPUR: The two-horse race between China’s Geely Automobile Holdings Ltd and France’s Groupe PSA to see who will emerge as the foreign strategic partner (FSP) for Proton Holdings Bhd is nearing its end, with Geely the ultimate winner, according to sources.

DRB-Hicom Bhd requested ...

Geely and Proton to walk down the aisle — sources

China's first-quarter economic growth beat expectations, underpinned by solid consumption and industrial output even as policymakers brace for the impact of US tariffs that analysts say pose the biggest risk to the Asian powerhouse in decades.

China first-quarter GDP growth beats expectations, but US tariff shock dims outlook

On April 2, the US announced sweeping reciprocal tariffs on nearly all its major trading partners, escalating its protectionist stance to an unprecedented level. Market estimates indicate that these new policies have elevated the US’ effective tariff rates to levels seen following the Smoot-Hawle...

ECONtemplation: Three reflections on the dawn of US protectionism

Malaysian banks, in spite of their domestic focus, will not emerge completely unscathed from the escalating international trade tensions, TA Securities flagged on Wednesday.

Malaysian banks, despite local focus, will suffer from trade tensions fallout — TA Securities

Chinese crude steel output rose last month, as a surge in exports and lower raw material costs helped drive an improvement in margins.

Chinese steel production surges despite Beijing’s pledge to cut

Wire services including Reuters and Bloomberg News will no longer hold a permanent slot in the small pool of reporters who cover President Donald Trump, the White House said on Tuesday, as it moves to exert greater control over who gets to ask him questions and report on his statements in real time.

In latest media crackdown, White House limits newswire access to Trump

Members of the World Health Organization (WHO) reached an agreement to prepare the world for future pandemics after more than three years of negotiations, the organisation said early on Wednesday.

WHO says member states reach agreement to tackle future pandemics

Asian technology stocks fell after Nvidia Corp said the US government will begin requiring a licence to export its H20 chips to China, an escalation of restrictions.

Asian tech stocks slide on fresh China export curbs for Nvidia

Four weeks before Melbourne entered lockdown in March 2020, a group of councillors gathered in the city’s Town Hall to back a proposal for the tallest structure that Australia had ever seen, one that would see a spiralling green garden wrapped around a 365-metre skyscraper.

A US$1.7 bil plan to build Australia’s tallest tower falters

China’s yuan has slumped to the lowest in more than a decade against the euro just as President Donald Trump’s tariff deluge threatens to reroute trade flows from the world’s second-largest economy.

Yuan at decade low against euro risks more heat on trade flows

Hong Kong Post said on Wednesday it had suspended goods mail services by sea to the US and will suspend its air mail postal service for items containing goods from April 27 due to "bullying" US tariffs.

Hong Kong Post suspends goods mail services to US

Malaysian exports to the US were meant to be hit with a 24% tariff, effective April 9. Certain goods, such as semiconductors, were to be exempted. This was part of US President Donald Trump’s sweeping trade policy targeting countries that the US has large trade deficits with.

How much does Malaysia trade with the US?

Meta CEO Mark Zuckerberg made a key concession at a US antitrust trial on Tuesday, saying he bought Instagram because it had a "better" camera than the one his company was trying to build for flagship app Facebook at the time.

At US antitrust trial, Meta's Zuckerberg admits he bought Instagram because it was 'better' 

Fraser &amp; Neave Holdings Bhd (KL:F&amp;N) marked a&nbsp;milestone with&nbsp;its first batch of 2,500 dairy heifers from Chile at its integrated dairy farm in Gemas, Negeri Sembilan.

F&N's first batch of 2,500 Chilean dairy cattles arrives in Gemas farm

Nvidia Corp faces new US restrictions on the export of its H20 chip to China, a policy change that will cost the company billions of dollars and hamstring a product line that it explicitly designed to comply with previous curbs.

Nvidia says new limits on China exports to cost US$5.5 bil

US&nbsp;President Donald Trump's new&nbsp;tariffs&nbsp;could&nbsp;cost&nbsp;US semiconductor&nbsp;equipment&nbsp;makers&nbsp;more&nbsp;than US$1&nbsp;billion (RM4.42 billion) a year, according to industry calculations discussed with officials and lawmakers&nbsp;in Washington last week, two sources familiar with the matter said.

US tariffs may cost chip equipment makers more than US$1 bil, industry estimates

Gold rose to a record high as the Trump administration pressed ahead with probes that could broaden a sweeping trade war, boosting demand for havens.

Gold climbs to record as expanding trade war aids haven demand

President Donald Trump launched a probe into the need for tariffs on critical minerals, the latest action in an expanding trade war that has targeted key sectors of the global economy.

Trump launches critical minerals probe to weigh new tariffs

Canadian Prime Minister Mark Carney said his government will allow automakers to import US-manufactured cars and trucks without tariffs, as long as the companies keep making vehicles in Canada.

Canada scraps tariffs for automakers that keep plants running

Shares of Aurelius Technologies Bhd (KL:ATECH) extended their gains sharply, outperforming peers and the broader market on Wednesday after announcing a bonus share issue.

Aurelius Tech's stock rises 8% after bonus share issue plan

Stocks whipsawed as President Donald Trump’s fast-evolving tariff war with top trade partners showed little signs of abating, leaving investors unwilling to take on too much risk after a two-day rally.

That’s even as results from Wall Street’s financial heavyweights underscored an equity-trading boon and still-healthy consumers and businesses.

US stocks halt rally amid lingering trade-war risks

US equity-index futures slumped after Nvidia Corp said the government was setting new limits on its exports to China and President Donald Trump ordered a probe into potential tariffs on critical minerals.

Nasdaq 100 contracts fell more than 1% in early trading, while S&amp;P 500 futures dropped 0.8% after the index finished slightly lower Tuesday.

US futures slide on Nvidia curbs, minerals probe

Malaysian banks, in spite of their domestic focus, will not emerge completely unscathed from the escalating international trade tensions, TA Securities flagged on Wednesday.

China's first-quarter economic growth beat expectations, underpinned by solid consumption and industrial output even as policymakers brace for the impact of US tariffs that analysts say pose the biggest risk to the Asian powerhouse in decades.

Hong Kong Post said on Wednesday it had suspended goods mail services by sea to the US and will suspend its air mail postal service for items containing goods from April 27 due to "bullying" US tariffs.

Four weeks before Melbourne entered lockdown in March 2020, a group of councillors gathered in the city’s Town Hall to back a proposal for the tallest structure that Australia had ever seen, one that would see a spiralling green garden wrapped around a 365-metre skyscraper.

Asian technology stocks fell after Nvidia Corp said the US government will begin requiring a licence to export its H20 chips to China, an escalation of restrictions.

OpenAI is working on its own X-like social media network, the Verge reported on Tuesday, citing multiple sources familiar with the matter.

OpenAI is working on X-like social media platform — report

US advisory firm Alvarez &amp; Marsal Inc sees the real estate sector as the most at risk in Southeast Asia this year due to headwinds such as global trade frictions and a glut of residences.

Alvarez & Marsal sees Thai real estate distress on trade risks

Indonesia won’t allow Russian planes to be stationed on its territory, Australia’s Defence Minister Richard Marles said following earlier reports that Moscow had requested permission to access a provincial base in the archipelago.

Adam Aziz & Jose Barrock