Malaysia’s manufacturing sector experienced muted trends at the end of 2024, as indicated by a decline in the Purchasing Managers’ Index (PMI) to 48.6 in December, according to S&P Global on Thursday.

Malaysia’s manufacturing PMI declines amid softening inflation, reduced demand — S&P Global

The communications minister will formally end the single wholesale 5G network, based on the powers under the Communications and Multimedia Act 1998, according to a new ministerial directive sighted by The Edge.

Communications minister formally ends 5G single wholesale network, to focus on dual network

KUALA LUMPUR (Dec 18): Nissan Motor Co and  Honda Motor Co are exploring various possibilities for future collaboration, according to Nissan, amid news of a possible merger with Honda.

Nissan confirms it is exploring collaborations with Honda

KUALA LUMPUR (Dec 17): Fitch Ratings has affirmed Malaysia’s long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook, according to a statement on Monday.

Fitch affirms Malaysia’s long-term issuer rating with stable outlook

Gamuda Bhd's (KL:Gamuda) Australian subsidiary DT Infrastructure Pty Ltd has secured a A$625 million (RM1.8 billion) engineering, procurement and construction (EPC) job for the Goulburn River Solar Farm project.

Gamuda's Australian unit bags RM1.8 bil EPC job for Goulburn River Solar Farm

Trading of Axiata Group Bhd's (KL:AXIATA) shares will be suspended from 9am to 5pm on Wednesday, pending the release of a material announcement.

The suspension came amid reports Axiata and Indonesian conglomerate PT Sinar Mas Group are nearing an agreement to merge their telecommunications operations in Southeast Asia’s largest economy.

Axiata shares suspended amid reports of merger in Indonesian operations

Analysts have raised their earnings forecasts for Pavilion Real Estate Investment Trust (KL:PAVREIT) following the acquisition of two premier hotels, namely Banyan Tree and Pavilion Hotel in Kuala Lumpur, for a sum of RM480 million.

Analysts raise earnings forecasts after Pavilion REIT adds two hotels to portfolio

Supermax Corporation Bhd (KL:SUPERMX) shares climbed on Thursday, mostly due to an improved outlook and earnings potential of the company's US facility, amid recent efforts to boost glove production there.

Supermax climbs on earnings potential of US facility amid efforts to boost glove production

Shares of cash-rich Apollo Food Holdings Bhd (KL:APOLLO) soared in early trading on Thursday, after it declared a 30 sen dividend following improved second-quarter results.

Apollo shares rise on dividend following stronger 2Q

MMC Port Holdings Sdn Bhd, a member of MMC Group, recently appointed Datuk Azman Shah Mohd Yusof as its new chief executive officer, effective from Dec 1.

Azman Shah is MMC Ports CEO from Dec 1

BANGI (Jan 5): Umno President Datuk Seri Dr Ahmad Zahid Hamidi has reminded party members not to participate in a rally scheduled to take place at the Palace of Justice in Putrajaya on Monday (Jan 6).

Zahid warns Umno members against joining Putrajaya rally

ATHENS (Jan 5): Former Greek prime minister Costas Simitis, who ushered the country into the European Union's (EU) single currency in 2001, died on Sunday, aged 88, at his summer house in the Peloponnese.

Former Greek prime minister Simitis passes away at age 88

PUTRAJAYA (Jan 5): The Royal Malaysia Police (PDRM) has advised the public not to participate in a rally scheduled to take place at the Palace of Justice here on Monday (Jan 6), as it has not received permission from the owner of the venue.

Police warns public against participating in unauthorised Palace of Justice rally

TAIPEI (Jan 5): Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter, on continued strong demand for artificial intelligence (AI) servers.

Foxconn beats estimates with record fourth-quarter revenue on AI demand

MOSCOW (Jan 5): Russian airports in the cities of Kazan, Nizhnekamsk, Izhevsk and Perm, which temporarily halted flights on Sunday morning to ensure the safety of civilian aircraft, have resumed normal operations, the aviation watchdog Rosaviatsia said.

Four Russian airports reopen after suspending flights, aviation watchdog says

SEOUL (Jan 5): The chief of security for South Korean President Yoon Suk Yeol said on Sunday that he could not cooperate with efforts to arrest the impeached leader, in remarks that could push the political crisis towards another high-stakes confrontation.

South Korea's presidential security chief defies Yoon's arrest bid as deadline looms

CAIRO/GAZA (Jan 5): Israeli military strikes in the Gaza Strip have killed at least 70 people over the last day, Palestinian medics said on Saturday, as mediators launched a new ceasefire push to end the 15-month-old war.

Israeli strikes kill dozens in Gaza Strip as new ceasefire talks begin

WEST PALM BEACH, Florida/MILAN (Jan 4): Italian Prime Minister Giorgia Meloni flew to Florida to meet with President-elect Donald Trump on Saturday, as the key European leader sought to buttress ties with Trump before his inauguration on Jan 20.

Italian Prime Minister Meloni meets with Trump at his Florida resort

(Jan 5): Congestion pricing has finally arrived in New York City, though its long-term future still remains uncertain.

NYC congestion pricing takes effect after years of delays

KUALA LUMPUR (Jan 5): The Palestinian ambassador to Malaysia, Walid Abu Ali, expressed deep regret over the recent commotion at Wisma Transit Kuala Lumpur (WTKL), stressing that such actions do not align with Palestinian culture or ethics.

Palestinian embassy working with authorities to resolve Wisma Transit incident, says envoy

KUALA LUMPUR (Jan 5): Malaysian cafe owners who import coffee beans and sell speciality coffees are now faced with the challenge of rethinking their pricing strategies, as coffee bean prices hit record highs.&nbsp;

Malaysian cafe owners to rethink pricing strategies as coffee bean prices reach record highs

TOKYO (Jan 5): The global chip market is projected to grow 11.2% to a record US$697.18 billion (RM3.13 trillion) in 2025, boosted by robust demand for semiconductors for use in artificial intelligence (AI)-powered smartphones and data centres, according to an industry organisation forecast.

Global chip demand expected to grow 11.2% to record US$697b in 2025 — World Semiconductor Trade Statistics

PUTRAJAYA (Jan 5): Singapore Prime Minister Lawrence Wong will undertake an official visit to Malaysia from Monday to Tuesday (Jan 6 to 7), in conjunction with the 11th Malaysia-Singapore Leaders’ Retreat on Tuesday.

Singapore PM Lawrence Wong to visit Malaysia for leaders’ retreat

KUALA LUMPUR (Jan 5): The Palestinian ambassador to Malaysia, Walid Abu Ali, expressed deep regret over the recent commotion at Wisma Transit Kuala Lumpur (WTKL), stressing that such actions do not align with Palestinian culture or ethics.

PUTRAJAYA (Jan 5): The Royal Malaysia Police (PDRM) has advised the public not to participate in a rally scheduled to take place at the Palace of Justice here on Monday (Jan 6), as it has not received permission from the owner of the venue.

SEOUL (Jan 5): The chief of security for South Korean President Yoon Suk Yeol said on Sunday that he could not cooperate with efforts to arrest the impeached leader, in remarks that could push the political crisis towards another high-stakes confrontation.

(Jan 4): Two Federal Reserve policymakers on Saturday said they feel the US central bank's job on taming inflation is not yet done, but also signalled they do not want to risk damaging the labour market as they try to finish that job.

Fed's Kugler, Daly say job not done on inflation

(Jan 5):&nbsp;Congestion pricing has finally arrived in New York City, though its long-term future still remains uncertain.

(Jan 5): Merck &amp; Co, Inc’s Covid-19 antivirals are getting a new lease of life in post-pandemic China, as cat owners seize on them as antidotes to a life-threatening disease caused by a coronavirus that infects their feline companions.

Chinese cat owners feed Covid pills to pets to beat virus

BANGI (Jan 5): Umno President Datuk Seri Dr Ahmad Zahid Hamidi has reminded party members not to participate in a rally scheduled to take place at the Palace of Justice in Putrajaya on Monday (Jan 6).

TAIPEI (Jan 5): Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter, on continued strong demand for artificial intelligence (AI) servers.

VIENNA (Jan 4): Talks between Austria's two main centrist parties on forming a coalition government without the far-right Freedom Party (FPO) collapsed on Saturday, prompting conservative Chancellor Karl Nehammer to announce he would step down.

Austrian chancellor quits as coalition talks collapse

(Jan 4): Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-linked accounts, it said on Saturday, after the Wall Street Journal newspaper reported that some accounts at collapsed bank Credit Suisse, which UBS bought in 2023, had not been disclosed in earlier investigations.

UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

WEST PALM BEACH, Florida/MILAN (Jan 4): Italian Prime Minister Giorgia Meloni flew to Florida to meet with President-elect Donald Trump on Saturday, as the key European leader sought to buttress ties with Trump before his inauguration on Jan&nbsp;20.

MUMBAI (Jan 4): India's HDFC Bank saw quarter-on-quarter deposit growth outpace loan growth in the three months to Dec 31, 2024, the country's biggest private lender said on Saturday.

Indian private lender HDFC Bank says 3Q deposit growth outpaces loan growth

The United Kingdom’s Labour government has given serious thought to the public investment needed to get the economy back on track after 14 years of austerity, neglect of social infrastructure, and capital flight triggered by Brexit and uncertain economic conditions. It understands that the situation demands a new strategy to tackle big problems like child poverty, health inequities, a weak industrial base, and struggling public infrastructure.

The Visible Hand: Good Growth Requires Getting Public-Private Partnerships Right 

CAIRO/GAZA (Jan 5): Israeli military strikes in the Gaza Strip have killed at least 70 people over the last day, Palestinian medics said on Saturday, as mediators launched a new ceasefire push to end the 15-month-old war.

MOSCOW (Jan 5): Russian airports in the cities of Kazan, Nizhnekamsk, Izhevsk and Perm, which temporarily halted flights on Sunday morning to ensure the safety of civilian aircraft, have resumed normal operations, the aviation watchdog Rosaviatsia said.

ATHENS (Jan 5): Former Greek prime minister Costas Simitis, who ushered the country into the European Union's (EU) single currency in 2001, died on Sunday, aged 88, at his summer house in the Peloponnese.

Isabelle Francis

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