Apollo Global Management and HPS Investment Partners joined KKR & Co to provide £1.3 billion (RM7.28 billion) of debt for Constellation Automotive Group, according to people with knowledge of the matter.

Apollo, HPS join KKR in £1.3 bil Constellation debt deal

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

LONDON/BENGALURU (April 23): Cantor Fitzgerald is launching a crypto venture with Tether and Japanese technology investor SoftBank Group to buy bitcoin, 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

(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

MORNING CALL: 24/4/25

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

Price hikes, a rush to buy autos, and uncertainty in wake of Trump tariffs -- Fed report

WASHINGTON (April 24):  The U.S. Justice Department has canceled hundreds of ongoing grants that funded everything from services for mental health care for police officers to support programs for victims of crime and sexual assault, according to internal records and four people familiar...

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

Global equities and long-dated Treasuries rose while havens retreated on signs US President Donald Trump is rethinking the most-aggressive elements of his combative stances on trade and the Federal Reserve.

Equity futures for Japan and Australia were primed to rise Thursday after the S&P 500 climbed 1.7% and the Nasdaq 100 rose 2.3%.

Stocks rise as Trump signals softer China stance

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 commitments.

“Absolutely no currency targets,” Bessent said when asked whether he was seeking such a thing in his engagement with Japan.

Bessent says ‘no currency targets’ sought in Japan talks

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

Ramssol, MCE, MN, United Plantations, IGB REIT, IGB Commercial REIT, Axis REIT, AME REIT, Sarawak Consolidated Industries, Iconic Worldwide

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

Messrs UHY Malaysia PLT has resigned from its role as the external auditor for both Key Asic Bhd (KL:KEYASIC) and UCrest Bhd (KL:UCREST), effective Wednesday.

UHY resigns as external auditor for Key Asic, UCrest

Global equities and long-dated Treasuries rose while havens retreated on signs US President Donald Trump is rethinking the most-aggressive elements of his combative stances on trade and the Federal Reserve.

Equity futures for Japan and Australia were primed to rise Thursday after the S&amp;P 500 climbed 1.7% and the Nasdaq 100 rose 2.3%.

Penangites have begun making early and thorough preparations to ensure they have adequate water supply during the scheduled water supply disruption from this Friday until April 28, due to the implementation of 23 simultaneous water projects.

Penangites rush to stock up on water ahead of scheduled cuts 

The retail prices of RON97 and RON95 petrol throughout the country will remain unchanged at RM3.18 and RM2.05 per litre respectively from April 24 to April 30.

Fuel prices unchanged till April 30 

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

Heads of state and government leaders including Chinese President Xi Jinping and European Commission President Ursula von der Leyen took part in a two-hour-long virtual meeting aimed at returning focus to climate action in an increasingly challenging global context.

World leaders from China to EU hold climate meeting without US

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 

WASHINGTON (April 24): &nbsp;The&nbsp;U.S. Justice Department has canceled hundreds of ongoing grants that funded everything from services for mental health care for police officers to support programs for victims of crime and sexual assault, according to internal records and four people familiar...

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

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 commitments.

“Absolutely no currency targets,” Bessent said when asked whether he was seeking such a thing in his engagement with Japan.&nbsp;

The long-awaited US$16 billion (RM70.26 billion) rail tunnel project connecting New York City and New Jersey is expected to provide the national and regional economy with a US$445 billion boost.

NYC gateway tunnel expected to generate US$445b for economy

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

Signs Donald Trump is rethinking the most-aggressive elements of his combative stances on trade and the Federal Reserve spurred back-to-back gains in stocks and the dollar, while soothing volatility across asset classes.

The S&amp;P 500 rose 1.7%, though it pared an earlier surge that had swelled to as much 3.4%.

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

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.

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.

Silas Brown & Kat Hidalgo