Malaysia Building Society Bhd (KL:MBSB) aims to increase its share of cheap funds and release some high-cost deposits to boost profits at the country’s second-largest standalone Islamic bank by assets.

MBSB to actively compete for CASA deposits — CEO

QSR Brands (M) Holdings Bhd is suspending over 100 KFC outlets temporarily nationwide after about half a year of boycott movement, Nanyang Siang Pau reported, citing information from Google Maps.

Boycott causes over 100 KFC outlets to suspend ops, report says

Ramkarpal Singh has voluntarily vacated his position as deputy minister in the Prime Minister’s Department (Law and Institutional Reforms) after learning of his elder brother Gobind Singh Deo’s appointment as digital minister in the latest Cabinet reshuffle.

One more minister doesn't make DAP the biggest winner in Cabinet reshuffle, says Loke

Kerjaya Prospek Group Bhd’s RM404.35 million job from BCM Holdings Sdn Bhd — a subsidiary of EcoFirst Consolidated Bhd — to build a main residential building has fallen through after BCM decided not to proceed with the contract previously agreed upon between both parties.

Kerjaya Prospek’s RM404.35m job from EcoFirst’s unit falls through

KUALA LUMPUR (Nov 21): Kerjaya Prospek Group Bhd recorded a net profit of RM35.57 million for the third quarter ended Sept 30, 2023 (3QFY2023), up 23.5% from RM28.81 million for the same quarter a year ago, mainly due to improved progress of construction work activities.

Kerjaya Prospek’s 3Q earnings up 23.5% on improved progress in construction activities

WASHINGTON (April 23): More work is needed to improve the sovereign debt restructuring process and help countries facing mounting debt service challenges, the chairs of a global debt roundtable said on Wednesday, as they released a new playbook to aid those efforts.

The G...

Global roundtable sees rising debt risks for low-income countries as uncertainty mounts

Stocks drifted on Thursday and a rebound in the dollar lost traction, as investors tried to sift through the noise from the Trump administration and its fickle stance on tariffs and the Federal Reserve's (Fed) leadership.

Relief rally stutters as markets take stock of Trump's U-turns

(April 23): Shareholders of Lions Gate Entertainment, the studio behind the "John Wick" movie franchise, have approved a plan to split its film and TV studio from the Starz business, a person familiar with the matter told Reuters on Wednesday.

The split is intended to streamline operati...

Lions Gate shareholders approve split of studio and Starz business, source says

Malaysia is positioning itself to become a key player in the rare earth elements (REE) value chain, amid a shifting geopolitical landscape and the ongoing trade war between the US and China.

Malaysia poised to capitalise on rare earth element opportunities amid trade war, says science minister

President Donald Trump signed on Wednesday an order to improve job training for skilled trades, an initiative twinned with tariffs in his gambit to revive US manufacturing.

Trump pushes training for skilled trades that do not require college

RHB Investment Bank cautioned that inconsistent US trade policies could defer critical capital expenditure (capex) decisions and manufacturing reallocation timelines, pressuring technology sector earnings.

RHB cuts tech sector earnings amid volatile US trade policy that threatens capex, equipment demand

MEXICO CITY/BENGALURU (April 23): International Business Machines (IBM) said 15 of its government contracts were shelved under a cost-cutting drive by the Trump administration, a setback that eclipsed its upbeat revenue forecast and dragged its shares down over 6% after hours.

IBM says 15 contracts impacted by DOGE cost cuts, shares drop

The timeline for completion of the aerotrain project at the Kuala Lumpur International Airport (KLIA) is completely unrelated to the recent privatisation of Malaysia Airports Holdings Bhd (MAHB), said its chairman Dr Nungsari Ahmad Radhi.

Aerotrain completion timeline not affected by privatisation — MAHB chairman

WASHINGTON (April 23): US Treasury Secretary Scott Bessent met Ukrainian Prime Minister Denys Shmyhal and Finance Minister Sergii Marchenko on Wednesday, and stressed the need to sign an economic partnership between the two countries as soon as possible, the US Treasury Department said.

US wants to sign economic partnership with Ukraine 'as soon as possible'

The new operator of Kuala Lumpur Tower, LSH Service Master Sdn Bhd (LSHSM), is working closely with the Ministry of Communications to determine a suitable date for the reopening of the iconic national landmark, following comprehensive maintenance and improvement works.

KL Tower reopening date to be set after major upgrade works, says LSH Service Master's CEO

Treasury Secretary Scott Bessent said that President Donald Trump hasn’t offered to take down US tariffs on China on a unilateral basis.

Bessent says no unilateral US offer to cut tariffs on China

Stocks drifted on Thursday and a rebound in the dollar lost traction, as investors tried to sift through the noise from the&nbsp;Trump&nbsp;administration and its fickle stance on&nbsp;tariffs&nbsp;and the Federal Reserve's (Fed) leadership.

The Dolphin Company’s former CEO, aided by armed men, took control of the bankrupt aquatic parks operator’s Mexican headquarters in the middle of the night earlier this month, restructuring advisers battling for control of the company alleged in court filings.

Ex-aquatic park CEO accused of seizing HQ after midnight

Kering reported on Wednesday a bigger-than-expected decline in first-quarter revenue, the latest set of disappointing results from the luxury group as its star label Gucci continues to struggle amid a worsening economic environment.

Kering reports 14% sales drop in first quarter as Gucci sales slide further 

The new operator of Kuala Lumpur Tower, LSH Service Master&nbsp;Sdn Bhd (LSHSM), is working closely with the Ministry of Communications to determine a suitable date for the reopening of the iconic national landmark, following comprehensive maintenance and improvement works.

WASHINGTON (April 24): The&nbsp;US Justice Department has cancelled hundreds of ongoing grants that funded everything from services for mental healthcare for police officers, to support programs for victims of crime and sexual assault, according to internal records and four people familiar with the matter.

US cancels hundreds of grants for police, crime victims, Justice Dept documents show

The timeline for completion of the aerotrain project at the Kuala Lumpur&nbsp;International Airport (KLIA) is completely unrelated to the recent privatisation of Malaysia Airports Holdings Bhd (MAHB), said its chairman Dr Nungsari Ahmad Radhi.

(April 24): US Treasury Secretary Scott Bessent said the Trump administration won’t be pursuing specific exchange-rate targets in its talks with Japan, instead reiterating his predecessor’s calls for Tokyo to abide by long-standing Group of Seven (G-7) commitments.

Bessent says ‘no currency targets’ sought in Japan talks

Bank Negara Malaysia will support Malaysia’s Asean chairmanship theme of “Inclusivity and sustainability” by focusing on two areas: Financing for energy transition projects in Asean, and supporting small and medium enterprises (SMEs) in their journey on the low-carbon transition.

These ...

Finance: Bank Negara Malaysia to work with Asean on the green transition

RHB Investment Bank cautioned that inconsistent US trade policies could defer critical capital expenditure (capex) decisions and manufacturing reallocation timelines, pressuring technology sector earnings.

(April 24):&nbsp;Signs that Donald Trump is rethinking the most aggressive elements of his combative stances on trade and the US Federal Reserve, spurred back-to-back gains in stocks and the dollar, while soothing volatility across asset classes.

US stocks notch back-to-back gains as dollar climbs

Toyota Motor Corp is planning to spend US$88 million (RM386.41 million) at an engine factory in West Virginia to boost production of gas-electric hybrid vehicles, an effort to widen its manufacturing footprint in the US as the Trump administration moves to impose tariffs on auto imports.

Toyota invests US$88m in West Virginia plant to boost hybrid vehicle output

Malaysia’s passing of the Carbon Capture, Utilisation and Storage (CCUS) Bill in March has left many questions unanswered about the bill’s place in contributing to the country’s climate goals. Yet, it is a step forward in implementing a flagship catalyst project under the National Energy Transiti...

Cover Story: Who benefits from CCUS in Malaysia?

Malaysia is not short of policies and plans to tackle climate change. However, for these initiatives to be effective, climate change and its related impacts must be considered in the country’s public financial management processes.

These are among the suggestions that Marco Larizza, sen...

Climate: World Bank: Malaysia has to strengthen institutions to adapt to climate change

Public-listed companies (PLCs) in Malaysia are now required to use Bursa Malaysia’s Centralised Sustainability Intelligence (CSI) platform as their official sustainability reporting channel. This follows the regulator’s late-March announcement that the CSI platform is fully equipped to support di...

Reporting: Bursa aims to address companies’ sustainability reporting burden

(April 23): Saudi budget carrier flyadeal on Wednesday confirmed a deal to order 10 Airbus A330neo wide-body passenger jets, as it expands into fast-growing long-haul markets in Southeast Asia.

Saudi budget carrier flyadeal confirms Airbus jet order for long-haul expansion

WASHINGTON (April 23): US Treasury Secretary Scott Bessent met Ukrainian Prime Minister Denys Shmyhal and Finance Minister Sergii Marchenko on Wednesday, and stressed the need to sign an economic partnership between the two countries as soon as possible, the US Treasury Department said.

Malaysia is positioning itself to become a key player in the rare earth elements (REE) value chain, amid a shifting geopolitical landscape and the ongoing trade war between the US and China.

LONDON/BENGALURU (April 23): Cantor Fitzgerald is launching a crypto venture with Tether and Japanese technology investor SoftBank Group&nbsp;to buy bitcoin,&nbsp;wagering that interest in the digital currency will expand under US President Donald Trump.

Cantor teams up with Tether, SoftBank for US$3.6b crypto venture

Prices are rising&nbsp;and&nbsp;economic activity has begun to slow across parts of the nation as businesses&nbsp;and&nbsp;households try to adapt to U.S. President&nbsp;Donald&nbsp;Trump's erratic rollout of sweeping&nbsp;tariffs&nbsp;aimed at reshaping global trade, a&nbsp;report&nbsp;Wednesday from the&nbsp;Federal Reserve showed.

Chester Tay & Luqman Amin