BENGALURU (Sept 9): Westpac Banking Corp has appointed its business and wealth division head Anthony Miller as its new chief executive officer (CEO) and managing director, effective Dec 16, Australia's third-largest lender said on Monday.

Westpac appoints insider Anthony Miller as CEO, incumbent Peter King to retire

Thai stocks were higher on Friday as the country elected a new prime minister after a recent spate of political instability, while other Asian currencies and stocks headed for weekly gains as investors shrugged off recession fears in the United States.

Thai stocks were up 0.9%, as of 0805 GMT, and set for a 0.3% weekly gain. The index has lost nearly 9% this year. However, the baht was largely flat.

Thai stocks rise after election of new PM; other Asian markets gain

BENGALURU (Aug 15): Singapore Telecommunications’ (SingTel) first-quarter earnings climbed, mainly buoyed by a net exceptional gain from diluting its stake in Indian telecom provider Bharti Airtel and the sale of some capital assets by associate Globe Telecom.

SingTel’s profit rises on exceptional gain from stake reduction in India’s Airtel

US dock workers and port operators have reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the US East Coast and Gulf Coast, the two sides said in a statement on Thursday.

US port workers and operators reach deal to end East Coast strike immediately

MORNING CALL: 4/10/24

Prime Minister Datuk Seri Anwar Ibrahim's three-day state visit to Pakistan secured potential trade deals worth RM2.65 billion, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Zafrul: RM2.65b in trade deals secured during PM’s state visit to Pakistan 

Mark Zuckerberg became the world’s second-richest person for the first time Thursday, jumping ahead of Jeff Bezos as shares of Meta Platforms Inc continue to climb.

Zuckerberg passes Bezos to become world’s second-richest person

Binance’s rehabilitative efforts appear to be slow to take root, with the largest crypto platform’s share of trading volume in the roughly US$2 trillion (RM8.4 trillion) digital-asset market falling in September to the lowest level in four years.

Binance’s crypto market share drops to lowest level in four years

Republican presidential candidate Donald Trump said on Thursday that if he is elected in November, no state will be able to ban gasoline-powered cars or trucks, as he seeks to make the future of the auto industry a key campaign issue.

Trump says no state would be allowed to ban gasoline-powered cars if he is elected

The US is discussing strikes on Iran's oil facilities as retaliation for Tehran's missile attack on Israel, President Joe Biden said on Thursday, while Israel's military hit Beirut with new air strikes in its battle against Lebanese armed group Hezbollah.

US discusses possible Israeli strikes on Iran oil sites as Israel presses Lebanon campaign

US Federal Reserve losses crossed the US$200 billion (RM844 billion) point this week, according to data released on Thursday by the central bank.

US Fed's paper losses top US$200b mark

Oil and the dollar rose as tensions in the Middle East unnerved investors ahead of US jobs data due later Friday that will help identify the path ahead for interest rates.

Oil soars on Mideast tensions ahead of US jobs

US stocks churned as traders weighed the prospect of escalating conflict in the Middle East against positive economic data. Crude and the dollar extended advances.

Wall Street on edge as Mideast upstages economy

Here is brief recap of some business news and corporate announcements that made headlines on Thursday.

Velesto, MPHB, Kuchai, Sungei Bagan, Lay Hong, Atlan, Techna-X, MyEG, Harrisons, Maybank and Varia 

<div class="ceonothumb mx-auto pb-5">
<div>
<div class="iframe-w100-wrapper"><iframe allowfullscreen="" frameborder="0" height="500" src="https://www.youtube.com/embed/S8DAAskl62c?si=EJn8MQBYV-CAV27h&amp;rel=0&amp;autoplay=1&amp;mute=1" width="840"></iframe></div>
</div>

E...

EVENING 5: Five things you need to know today

Mark Zuckerberg became the world’s second-richest person for the first time Thursday, jumping ahead of Jeff Bezos as shares of Meta Platforms Inc continue to climb.

PKR international bureau chairman Datuk Seri Shamsul Iskandar Md Akin claims that the consensus among parties within Perikatan Nasional (PN) is becoming increasingly fragile.

PN parties’ consensus weakening, says Shamsul Iskandar 

Malayan Banking Bhd (KL:MAYBANK) said it has signed a memorandum of understanding with China's Bank of Hangzhou to work together on enhancing cross-border business and advancing digital innovation.

Maybank teams up with Bank of Hangzhou to boost cross-border financing, digital innovation

The US is discussing strikes on Iran's oil facilities as retaliation for Tehran's missile attack on Israel, President Joe Biden said on Thursday, while Israel's military hit Beirut with new air strikes in its battle against Lebanese armed group Hezbollah.

Oil and the dollar rose as tensions in the Middle East unnerved investors ahead of US jobs data due later Friday that will help identify the path ahead for interest rates.

US Federal Reserve losses crossed the US$200 billion (RM844 billion) point this week, according to data released on Thursday by the central bank.

All members of the Dewan Rakyat are advised to focus on discussing the affairs of the people instead of politics during the presentation of the 2025 Budget, said Speaker of the Dewan Rakyat Tan Sri Dr Johari Abdul.&nbsp;

Budget 2025: Members of Dewan Rakyat must focus on people's welfare, not politics — Johari

US dock workers and port operators have reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the US East Coast and Gulf Coast, the two sides said in a statement on Thursday.

PayPal Holdings Inc completed its first business payment using its proprietary stablecoin as a way to demonstrate how digital currencies can be used to improve often-clunky commercial transactions.

PayPal completes its first business transaction using stablecoin

Metals traders arriving in London for LME Week were in for a surprise as they caught up with friends and customers from China. 
&nbsp; 
For the last couple of years, the biggest consumer and producer has been a buzzkill for metals bulls — but now suddenly Chinese representatives were among the most bullish in any room.

Sudden shift on China means LME Week whiplash for metal traders

In normal circumstances, wars are launched with total stealth to maximise the element of surprise. It is one of the most important dimensions of warfare, whether it is staged by the states or sub-state groups.&nbsp;

Strategic realism in the Israeli-Iranian war

Prime Minister Datuk Seri Anwar Ibrahim's three-day state visit to Pakistan secured potential trade deals worth RM2.65 billion, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has consented to the latest fatwa issued by the Selangor State Fatwa Committee, declaring that the leaders, followers, employees or members of GISB Holdings Sdn Bhd (GISBH) and its affiliates have deviated from the true teachings of Islam.

Selangor Sultan consents to latest fatwa declaring GISBH doctrine as deviant from Islam

Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, driven by profit-taking following a recent price rally.

Palm oil trader David Ng said that the weakness in the soybean oil market during Asian trading hours also dampened sentiment.

CPO futures close mostly lower on profit-taking after rally

Alphabet Inc’s Google is beginning a wide rollout of ads that will be displayed within and alongside the AI-generated summaries that appear at the top of some search results — a move meant to show investors that costly artificial intelligence (AI) projects can generate revenue.

Google begins wide rollout of ads in AI Overviews search results

There is a clear commitment from the leadership of Malaysia and Pakistan to resolve any issues that could impede the flourishing trade and commerce between the two countries, said Prime Minister Datuk Seri Anwar Ibrahim.

Speaking at a business dialogue event attended by Pakistani Prime Minister Shehbaz Sharif, Anwar noted that the commitment to enhance trade ties between Kuala Lumpur and Islamabad is currently at the highest level within both governments.

Malaysia, Pakistan leaders commit to enhancing trade and commerce — Anwar

Wall Street's main indexes were mixed on Thursday after data showed strong service activityin the world's largest economy, while cautious investors watched for any escalation in the Middle East conflict.

Wall St opens mixed after economic data; Middle East tensions in focus

Malaysian Prime Minister Datuk Seri Anwar Ibrahim’s scheduled short official visit to Bangladesh on Friday has generated significant anticipation, with local media in Bangladesh already highlighting its potential impact.

According to the Dhaka Tribune, this will be the first visit by a Malaysian Prime Minister to Bangladesh in nearly 11 years and will mark the first visit by a foreign head of government under the interim administration led by Nobel Laureate Dr Muhammad Yunus.

Adwitiya Srivastava

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Adwitiya Srivastava

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌