Australian casino firm Star Entertainment Group was fined A$100 million (US$62 million or RM293.85 million) on Monday (Oct 17), following an independent inquiry which found it failed to prevent money laundering and criminal activity in its Sydney casino.

Australian casino firm Star to be fined US$62 mil following inquiry

Wall Street's main indexes were muted in choppy trading on Friday, as investors struggled with little clarity on the US-China trade front despite signs of a possible softening in Beijing's stance.

Wall Street subdued as China trade uncertainty lingers; Alphabet gains

Microsoft Corp is planning to use third-party firms to handle more sales of software to small and mid-size customers, echoing efforts by its peers to adjust sales strategies in the age of artificial intelligence (AI).

Microsoft to contract out more software selling in the age of AI

Iskandar Waterfront City Bhd (KL:IWCITY) has requested another six months from tycoon Tan Sri Lim Kang Hoo to deliberate its potential merger with Iskandar Waterfront Holdings Sdn Bhd (IWH).

IWCity seeks another six-month extension to deliberate IWH merger

A 25% US tariff on pharmaceutical imports would increase US drug costs by nearly US$51 billion (RM223.2 billion) annually, boosting US prices by as much as 12.9% if passed on, a report commissioned by the industry's US trade group and reviewed by Reuters shows.

US pharma tariffs would raise US drug costs by US$51b annually, report finds 

European Central Bank president Christine Lagarde said that disinflation “is well on track,” while warning that high uncertainty makes it impossible to give clear signals on interest rates.

ECB’s Lagarde sees euro area inflation hovering around 2% target

The International Monetary Fund (IMF) reached a staff level agreement with Sri Lanka, paving the way towards unlocking the next tranche of funds under an existing US$3 billion (RM13.13 billion) loan programme.

IMF gives initial nod for US$344 mil loan tranche to Sri Lanka

Bain Capital and KPS Capital are interested in Iveco Group NV’s defence unit, according to people familiar with the matter, as the Italian truckmaker looks to seize on the rising demand for military assets.

Iveco’s defence unit attracts US buyout firms Bain, KPS

ACE-Market listed LYC Healthcare Bhd (KL:LYC) has made the full payment of RM600,000 to SOG Mummy & Baby Centre Pte Ltd, which had served a winding-up petition to the company.

LYC Healthcare settles RM600,000 outstanding payment with winding-up petitioner

Former prime minister Datuk Seri Ismail Sabri Yaakob completed his ninth round of questioning by the Malaysian Anti-Corruption Commission (MACC) on Friday.

Grilled for four hours, Ismail Sabri completes ninth round of questioning by MACC 

Bursa Malaysia Securities Bhd has publicly reprimanded Reach Energy Bhd (KL:REACH) and seven directors, for failing to promptly announce that the company had triggered the Practice Note 17 (PN17) criteria under listing rules, after its auditors raised concerns about its ability to continue as a going concern.

Bursa reprimands Reach Energy, fines six directors over PN17 disclosure delay

China’s government is considering suspending its 125% tariff on some US imports, people familiar with the matter said, as the economic costs of the tit-for-tat trade war weigh heavily on certain industries.

China may exempt some US goods from 125% tariff as costs rise, Bloomberg reports

Bina Puri Holdings Bhd’s shares dropped nearly 30% while its Warrant B fell over 61% on Friday, following a hacking incident which affected several clients from a small number of brokers' stock trading accounts.

Bina Puri shares, Warrant B close sharply lower day after hacking 

The Ministry of Plantation and Commodities announced on Friday that all licensed exporting companies under the Malaysian Rubber Board (MRB) are only permitted to export gloves sourced from local manufacturing facilities. The directive will take immediate effect.

Malaysia bans export of non-locally made rubber gloves, with immediate effect

KUALA LUMPUR (April 25): The High Court in George Town, Penang, has ordered a senior marketing executive to pay RM118,500 in damages to her former company, FP Stencil Sdn Bhd, for breaching employment obligations, including unauthorised deletion of company data and misappropriation of confidential information.

Penang High Court orders marketing executive to pay RM118,500 for data deletion and breaching confidentiality

Kuala Lumpur Tower will reopen on Saturday, April 26, under new management, with ticket prices rising for international visitors and dropping by nearly 30% for locals at the Sky Deck.

KL Tower reopens tomorrow with new management and revised ticket prices

The newly upgraded terminal building of the Sultan Azlan Shah Airport (LTSAS)&nbsp;is now larger and equipped with more efficient, comfortable facilities, increasing its passenger handling capacity to&nbsp;700,000 passengers a year,&nbsp;compared with 500,000 previously.

Ipoh's Sultan Azlan Shah Airport can now accommodate up to 700,000 passengers a year — MAHB

Chinese investments in Southeast Asian manufacturing are likely much higher than official data showed, underscoring the difficulty of any US attempt to box in Beijing or exclude Chinese-made goods from its supply chains.

China’s investments in Southeast Asia snarl US plans for supply chains

The Malaysian delegation, led by Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, told US trade representatives that Malaysia is open to talks on reducing the trade deficit, addressing non-tariff barriers, improving technological security, and exploring a potential trade agreement.

Malaysia tells US it is open to talks on trade deficit and non-tariff barriers to reduce tariffs

Oasis Home Holding Bhd began accepting orders for its initial public offering on Friday, aiming to raise up to RM42 million with shares priced at 28 sen on the ACE Market.

Oasis Home prices ACE Market IPO at 28 sen a share to raise up to RM42 mil

CTOS Digital Bhd (KL:CTOS) announced that its group chief executive officer (GCEO) Erick Hamburger will be stepping down in September, while it reported a 30.64% decline in net profit for the first quarter ended March 31, 2025 (1QFY2025).

CTOS Digital group CEO Erick Hamburger to step down in September, 1Q net profit falls 31%

Bursa Malaysia Bhd (KL:BURSA) has clarified that the recent hacking incident involving stock trading accounts was limited to a small number of client accounts from a few brokers, rather than being widespread.

Trading account breach not widespread — Bursa Malaysia

KUALA LUMPUR (April 25): Prime Minister Datuk Seri Anwar Ibrahim has called for the swift implementation of the Warisan KL: Warisan Ibu Kota Malaysia Madani project launched on Friday, while ensuring that the needs and comfort of the majority are taken into account.

PM calls for expedited Warisan KL project with focus on people’s well-being

While much of the world is focused on a volatile international trade war, two of China’s largest internet companies are inflicting greater damage on each other at home.

JD.com’s delivery clash with Meituan may worsen US$70b rout

Bank of America Corp strategists said investors should sell into rallies in US stocks and the dollar, cautioning that the conditions for sustained gains are missing.

BofA’s Hartnett warns sell the rebound in US stocks, dollar

Private equity firm Creador announced on Friday that it has acquired a 13% stake in FPT Long Chau Investment JSC, one of Vietnam’s largest pharmacy chains, for an undisclosed sum.

Creador acquires 13% stake in Vietnam’s pharmacy chain Long Chau

Former prime minister Tan Sri Muhyiddin Yassin has been granted a temporary release of his passport to travel abroad to tend to familial matters.

Muhyiddin gets temporary release of passport to visit ailing family member in Australia

BYD Co’s net income in the first quarter jumped to 9.15 billion yuan (US$1.3 billion or RM5.7 billion), overtaking Tesla Inc on another key metric and signalling a robust start to the year for China’s number one selling car brand.

BYD 1Q profit soars, beating Tesla on another metric

Intel Corp's Malaysian-born&nbsp;chief executive officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, along with the sense that it will take a while to fix them.

Intel CEO’s bid to revive company overshadowed by bleak outlook

China vowed to “fully prepare” emergency plans to ward against increasing external shocks, taking a patient approach in defending growth as a deepening trade war with Donald Trump piles pressure on the world’s number two economy.

China vows to ready emergency plans, signals calm amid trade war 

IJM Land Bhd’s latest landed residential development named Soren in Puncak Alam, Selangor, has been 80% taken up since its launch on April 19, according to a press statement on Thursday.

Renju Jose, Byron Kaye & Praveen Menon