The Late Show with Stephen Colbert ended, highlighting media freedom concerns amid political pressure and censorship fears.

Coffee Break: ‘Good night, and good luck’

A few years ago, it appeared all the dreams of the global automakers were tinged with electricity. Electric vehicles, or EVs, were touted as the way forward, the most ideal solution in a world that was facing head-on the issue of climate change. However, the hype now is nowhere near as buzzy, and...

Ferrari fine-tunes its EV strategy

IF one were to take a walk downtown, it would be hard to miss the latest and hottest accessory that the in-crowd is supporting. No, it is not the Hermes Birkin bag on their arm, but rather what is dangling on it.

To the uninitiated, it simply looks like a slightly creepy doll at first g...

Investing in Monsters

Since it is the season to be “auntie”, let me give you a little piece of advice. If you want to sound youthful during this festive period, both at heart and in appearance, never ever utter the words “back in my day”.

Coffee Break: Mama’s got a brand new yee sang

It’s official — the nineties are back.

Coffee Break: Don’t look back in anger

Alright, time to confess, dear readers. How many of you actually actively watched the recent Paris 2024 Olympics?

Coffee Break: Going for meme gold

I love Chinese New Year. Okay, let me explain a little more. I mean, I don’t have to. But while I am of mixed race, I am still fully Malaysian, which certainly gives me the allowance to celebrate anything I please. Just being muhibbah (are we still using that tagline?) and all that.

Coffee Break: Forget the mandarins, bring on the ads!

I have a question for you. Yes, you dear reader, who is probably reading this on Sunday morning at brunch, with a cup of coffee in your hand.

Coffee Break: Death, sex and robots

Is your mother proud of you?”

The voice on the other end of the phone call I picked up, a sweet-sounding girl who says she represents “MACC” and “Bank Negara” and wants to talk to me about my “offshore account”, hesitates.

“What do you mean?” she asks back, trying to sound men...

Coffee Break: ‘Do you think God forgives scammers?’

ENTREPRENEURS form the backbone of any economy. They are the drivers of change and innovation, following a path that is littered with both heartbreak and breakthroughs before a taste of success is ever realised.

It is for this singular reason that corporate stalwart Ernst & Young ha...

EY Entrepreneur of the Year 2021 Malaysia: Twenty years of recognising outstanding entrepreneurs

KUALA LUMPUR (Oct 1): GB Bond Holdings Bhd (KL:GBBOND) was barely higher in its ACE Market debut on Thursday before the industrial adhesive maker slipped below the listing price.

GB Bond closes below IPO price on debut, second ACE counter to do so in a week

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

MN Holdings, IOI Properties, Yinson, Tien Wah Press, KKB, Hengyuan, Hextar Capital, Globaltec 

IOI Properties Group Bhd (KL:IOIPG) has agreed to acquire Shenton 101 Pte Ltd, which owns Singapore's Shenton House, from its group chief executive officer and major shareholder Datuk Lee Yeow Seng for a nominal S$1.00.

IOI Properties now agrees to buy Shenton House from group CEO for S$1 and settle S$217m advance

Global bond markets are still functioning in an orderly fashion, the International Monetary Fund said on Thursday, following the recent sharp rise in yields that has driven world borrowing costs to their highest levels in decades.

Bond markets functioning in orderly manner, IMF says

IOI Properties Group Bhd (KL:IOIPG) chief executive officer and major shareholder Datuk Lee Yeow Seng has accumulated RM87.99 million the property developer's shares via the open market.

IOI Properties CEO accumulated RM88m in company's shares since late August

Asia's gasoline margin rose to a record high on Thursday as various outages at regional refineries and reports that Chinese refiners have halted fuel exports for October tightened the supply outlook, traders said.

Asia's gasoline margin skyrockets on outages, China export halt, traders say

Wall Street's main indices slipped on Thursday as a deepening bond selloff drove Treasury yields to multi-decade highs, outweighing gains in software stocks.

Wall Street dips as surging Treasury yields outweigh software gains

The cabinet has ordered a study to draft a Charities Bill for the regulation of public fundraising.

Government mulls law to regulate charities

Bank of England interest rate-setter Catherine Mann said the central bank made errors in how it framed its policy response to the shock from the Middle East war, and that has pushed up borrowing costs in the UK in ways that should be of no comfort to officials.

Bank of England official says central bank mishandled its first response to Iran shock

ARTIFICIAL Intelligence (AI) recommends. The board approves. Liability stays human.

Opinion: Directors’ fiduciary duty of care redefined in the age of AI

Global aviation advisory firm Alton Aviation Consultancy has launched a campaign to help low-cost carrier AirAsia Group Bhd (KL:AAGB) raise as much as US$1 billion (RM4.1 billion), according to people familiar with the matter.

MOF backs AirAsia fundraising drive led by Alton, sources say

Malaysian Border Control and Protection Agency (AKPS) director general Datuk Seri Mohd Shuhaily Mohd Zain has left it to the government to decide on any further action against him over a viral video showing him reprimanding an individual at the Kuala Lumpur International Airport (KLIA) Terminal 1.

Viral KLIA reprimand video: Border control director general leaves it to govt to decide action against him

Malayan Banking Bhd (KL:MAYBANK) fell below RM10 for the first time in nearly nine months and banking stocks mostly declined on Thursday amid rising bond yields.

Maybank falls below RM10 for first time in nine months as rising bond yields hurt banking stocks

IOI Properties Group Bhd (KL:IOIPG) has agreed to acquire Shenton 101 Pte Ltd, which owns Singapore's Shenton House, from its group chief executive officer and major shareholder Datuk Lee Yeow Seng for a nominal S$1.00.

Two corporate figures, who are brothers, are being remanded for five days over an alleged abuse of position involving an investment of about RM10 million.

MACC remands corporate brothers in RM10m investment probe, seizes 15 luxury cars among others

The Trump administration has told Germany and France to draw down emergency diesel inventories to help to ease global fuel prices or face a potential US diesel export ban, said three people close to the discussions.

US tells France and Germany to release diesel stocks or face export ban — Reuters

Zetrix AI Bhd (KL:ZETRIX) managing director Wong Thean Soon on Thursday sold more of his shares in the company, bringing his combined direct and indirect stakes to 10.602%, down from last week's 10.97%.

 TS Wong pares down Zetrix AI stake to 10.6%

The High Court has allowed former health minister Khairy Jamaluddin's application to compel local domain registry MYNIC Bhd to disclose the registered owner of the focusmalaysia.my domain.

MYNIC must reveal Focus Malaysia domain owner to KJ, court orders

Hengyuan Refining Company Bhd (KL:HENGYUAN) has brought back former chief executive officer (CEO) Erkki Tapio Ranta to lead the company, with immediate effect. 
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Former CEO Erkki Tapio Ranta returns to helm Hengyuan  

Malaysian palm oil prices are likely to remain between RM4,500 and RM5,000 a tonne through December, as higher stocks weigh on prices despite expectations of lower production next year due to El Niño, a top analyst said on Thursday.

Palm oil prices capped by Malaysian stocks despite El Niño outlook, top analyst says

The Court of Appeal on Thursday dismissed the appeal by former Universiti Malaya Association of New Youth (UMANY) president Wong Yan Ke against his conviction and RM10,000 fine for insulting the university's former vice-chancellor. 
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Court of Appeal dismisses Wong Yan Ke's appeal in VC insult case

Yinson Holdings Bhd (KL:YINSON) said discussions over its potential privatisation remain ongoing, with no firm decision on whether a deal will proceed, according to group chief executive officer Lim Chern Yuan.

Yinson privatisation talks: Still no firm decision, says CEO

The public portion of EcoSys (Malaysia) Bhd's initial public offering (IPO) has been oversubscribed by 206.70 times ahead of its Oct 14 debut on the ACE Market of Bursa Malaysia.

EcoSys IPO oversubscribed by 206.7 times ahead of Oct 14 ACE Market debut

The Philippines' coast guard said on Thursday that it has deployed its largest vessel and an aircraft to challenge a Chinese research ship operating off northern Batanes province near Taiwan, adding that a Chinese coast guard vessel had also moved in.

Philippines sends largest ship, aircraft to drive away Chinese vessel in waters near Taiwan

Tien Wah Press Holdings Bhd (KL:TIENWAH) said its unit plans to buy a factory in Malang, Indonesia, which it currently leases, for 150 billion rupiah (RM34.07 million) from British American Tobacco (BAT) Group’s PT Bentoel Prima.

Tien Wah Press unit to buy Indonesian factory from BAT for RM34m, secures three supply deals

Malaysia's pension system needs to evolve as people live longer and patterns of work change, with reforms needed to strengthen coverage, adequacy, equity and the sustainability of retirement income over a longer lifespan.

EPF urges pension system reforms, pivot to lifelong retirement income

AIRASIA’S recent financial struggles have been covered on an almost daily basis, but a deeper look suggests that, unlike the narrative being offered today, it is not simply about liquidity. The group can still generate substantial revenues and Ebitda; where it has struggled is turning that operational scale into a sufficiently resilient cash flow.&nbsp;

Opinion: What Islamic finance can do for AirAsia’s restructuring

Haze from Indonesian wildfires has blanketed neighbouring Malaysia and Singapore for more than a month, closing schools and sending respiratory complaints skyrocketing.

Indonesia's haze chokes neighbours, but little legal recourse

CIMB Group Holdings Bhd (KL:CIMB) could potentially raise its RM2 billion capital return commitment to increase the chances of its share buyback programme garnering investor acceptance, according to MBSB Research. 
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CIMB could raise RM2 bil capital return commitment, says MBSB Research

The Malaysian Anti-Corruption Commission (MACC) has remanded a company manager from an agency offering financial and corporate services on suspicion of submitting documents containing false material particulars to obtain a tax reduction worth around RM200 million.

Nadia S Hassan

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Nadia S Hassan

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