KUALA LUMPUR (April 30): Wan Muhammad Azri Wan Deris, also known as blogger Papagomo, has apologised unreservedly to Inspector General of Police (IGP) Tan Sri Razarudin Husain for defamatory social media posts.

Blogger Papagomo issues apology to IGP over derogatory statements

KUALA LUMPUR (April 28): Former Nenggiri assemblyman Mohd Azizi Abu Naim has withdrawn his legal action challenging the cessation of his membership from his former party, Bersatu.

Ex-Nenggiri assemblyman drops lawsuit over cessation from Bersatu

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

Former Goldman Sachs Group Inc banker Roger Ng Chong Hwa said that he first met fugitive Low Taek Jho (Jho Low) almost 20 years ago, just as the Terengganu Investment Authority (TIA) was about to set up.

1MDB-Tanore: Ex-Goldman banker Roger Ng says knew Jho Low around 2008/2009

PUTRAJAYA (April 23): Former Goldman Sachs Group Inc banker Roger Ng Chong Hwa is expected to take the stand on Thursday, in the ongoing 1Malaysia Development Bhd (1MDB)-Tanore criminal trial of former prime minister Datuk Seri Najib Razak.

Ex-Goldman banker Roger Ng expected to take the stand in Najib’s trial tomorrow

Former Goldman Sachs Group Inc banker Roger Ng Chong Hwa can testify as a defence witness in the ongoing 1Malaysia Development Bhd (1MDB)-Tanore criminal trial of former prime minister Datuk Seri Najib Razak.

Ex-Goldman banker Roger Ng can testify as Najib's defence witness, court rules

Wong & Partners, the legal firm which had advised 1Malaysia Development Bhd (1MDB), did not play a role in the controversial transfer of the US$1 billion meant for a joint venture with PetroSaudi International Ltd (PSI), but which was then misappropriated, the court heard on Tuesday.

1MDB legal adviser Wong & Partners played no role in controversial US$1b remittance, court told

Senior defence lawyer Tan Sri Muhammad Shafee Abdullah said that Datuk Seri Najib Razak's defence team would continue to initiate contempt of court proceedings against former attorney general (AG) Tan Sri Ahmad Terrirudin Mohd Salleh, despite an alleged letter by the current AG to reconsider the move.

Shafee to proceed with contempt proceedings against ex-AG Terrirudin

PUTRAJAYA (April 21): It was not for Bank Negara Malaysia (BNM) to make determinations regarding 1Malaysia Development Bhd (1MDB)’s controversial decision to split a US$1 billion remittance meant for a joint venture (JV) with PetroSaudi International Ltd (PSI), as it was the company’s business decision, the court heard on Monday.

1MDB-Tanore: BNM told Deutsche Bank that split in US$1b remittance was 1MDB’s ‘business decision’ — witness

The High Court has ordered religious preacher Mohd Rasyiq Mohd Alwi to pay former health minister Khairy Jamaluddin Abu Bakar RM2.5 million for defamatory statements over Covid-19 vaccination at the height of the pandemic.

Court orders preacher to pay RM2.5m to KJ for defamatory statements on Covid vaccines

The Bank of Thailand cut its key interest rate for the second straight meeting, warning of sharply slower economic growth in the face of higher US tariffs and a protracted global trade war.

Thailand cuts key rate, warns trade war could ravage growth

On the morning of April 1, a catas­trophic gas pipeline explosion occurred in Putra Heights, Selangor. According to news reports, the blast was caused by a leak in a Petronas-owned underground pipeline and produced flames that soared 30m high and temperatures exceeding 1,000°C. The intense fire b...

Cultivating a safe environment for daily gas use

IF you’ve been following US President Donald Trump’s tariff policies — marked by erratic exemptions and exceptions across companies, sectors and countries — you might have heard Treasury Secretary Scott Bessent discussing “untariffing”, Commerce Secretary Howard Lutnick advocating for “retariffin...

Tech: Trump, tech regulation and the case against Meta Platforms

Veteran emerging-markets investor Mark Mobius is keeping the bulk of his funds’ holdings in cash as he waits out the trade-related uncertainty, which is likely to persist for up to six months.

Mark Mobius says his funds hold 95% in cash on trade war risks

KUALA LUMPUR (April 30): The Labuan International Business and Financial Centre (Labuan IBFC) could see growth in new company incorporations in 2025 moderate to its lowest in four years, based on first quarter performance published by the Labuan Financial Services Authority (Labuan FSA).

Labuan IBFC sees slower 2025 growth in new biz incorporations

Samsung Electronics Co reported slower profit growth and softening demand for storage chips, a sign that the US-China trade war may be triggering cuts in artificial intelligence hardware spending.

Samsung profit slows after US-China trade war hits AI spending

Mercedes-Benz Group AG withdrew its outlook for the year over the US auto tariffs, joining several automakers hit by the uncertainty tied to President Donald Trump’s trade moves.

Mercedes withdraws guidance over Trump’s auto tariffs

Labuan International Business and Financial Centre (Labuan IBFC) is preparing to announce a "carbon credit circular" to be issued next week, in preparation for the establishment of a digital carbon credit exchange.

Labuan IBFC to publish carbon credit circular next week

Hartanah Kenyalang Bhd, a Sarawak-based construction services firm, has set its initial public offering at 16 sen per share to raise up to RM31.74 million ahead of its ACE Market listing.

Hartanah Kenyalang opens IPO applications, offering shares at 16 sen apiece

The National Higher Education Fund Corporation (PTPTN) declared on Wednesday a 4.05% dividend for Simpan SSPN for 2024 — the highest rate recorded in a decade.

PTPTN declares 4.05% dividend for Simpan SSPN 2024, highest in a decade

Malaysia will end price control on eggs effective on May 1 as part of the government’s phased subsidy retargeting, the Ministry of Agriculture and Food Security (MAFS) said on Wednesday.

Malaysia to end price control on eggs effective May 1

President Donald Trump said China deserved the steep tariffs he imposed on their exports and predicted Beijing could find a way to reduce their impact on American consumers.

Trump predicts China would ‘eat’ tariffs, lessening US impact

KUALA LUMPUR (April 30): Malaysian poultry stocks rose on Wednesday, after the government decided to scrap price control and subsidies for eggs.

Malaysian poultry stocks rise after government scraps price control, subsidies on eggs

The National Higher Education Fund Corporation (PTPTN) declared on Wednesday a 4.05% dividend for Simpan SSPN for 2024 — the highest rate recorded in a decade.

Grab Holdings beat Wall Street expectations for first-quarter revenue on Tuesday, as the company benefitted from strong spending on its ride-hailing and food delivery platform despite economic uncertainty.

Grab's quarterly revenue beats expectations as spending remains strong

Southeast Asia could this year see the highest number of final investment decisions on gas projects in a decade, which could potentially boost output by 18%, according to Global Energy Monitor.

Southeast Asia may see most gas projects approved in a decade

Shares struggled for direction on Wednesday and oil prices slid as relief over a potential easing of global trade tensions was upset by a worsening economic outlook and signs corporates were feeling the pain from Donald Trump's tariffs.

Shares dither, oil slides as tariffs fan growth worries

Sunway Malls has announced the upcoming opening of its 10th mall in the country, Sunway Square Mall, scheduled for September 2025. The new development is located within Sunway City Kuala Lumpur, Selangor, and spans 300,000 square feet of net lettable area across four retail floors.

Sunway Malls unveils Sunway Square Mall, with 95% leasing rate ahead of September opening

KUALA LUMPUR (April 30): Bursa Malaysia Bhd (KL:BURSA) said on Wednesday that it is expanding its research incentive scheme to also cover private companies, to boost the profile of select firms and promote better price discovery.

Bursa launches expanded research incentive scheme to also cover private firms, pre-IPO companies

US President Donald Trump’s “Liberation Day” tariff announcement on April 2, and the subsequent dropping of tariffs to 10% on imports from most trading partners for a 90-day period to allow for negotiations, have disrupted global trade due to the resulting uncertainties.

How do the US’ trade partners stack up as negotiations begin?

(April 30):&nbsp;Wall Street traders are cautiously adding fuel to the stock rebound, in a high-stakes bet that Corporate America will weather slowing economic growth and tariff-fuelled disruptions to earnings.

US stock bulls fuel best winning run since March 2022

CIMB Group Holdings Bhd's (KL:CIMB) stock rose on Wednesday to its highest level in nearly a month as investors cheered its Indonesian unit's strong earnings report.

CIMB nears one-month high after strong Indonesia results

KUALA LUMPUR (April 30): Sustio Sdn Bhd, the Malaysian arm of South Korea’s Simmtech Group, is doubling its production of advanced, high-performance circuit boards with the completion of its RM326 million second expansion phase in Batu Kawan, Penang.

South Korea’s Sustio to double advanced circuit board production in Penang with completion of RM326m expansion

Nestlé (Malaysia) Bhd (KL:NESTLE) has committed to limiting price hikes in 2025 to maintain its market position, despite rising commodity costs. Analysts said while the company aims to avoid increasing prices this year, it may need to do so if costs stay high.

Nestlé Malaysia to limit price hikes in 2025 despite commodity cost pressures — analysts

KUALA LUMPUR (April 30): The next proceedings in the case involving the Sulu group’s claim are scheduled to be heard at the Paris Court of Appeal on July 7, said Minister in the Prime Minister’s Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.

Azalina: Sulu claim case to be heard in Paris appellate court on July 7

China’s top legislature passed a bill aimed at boosting the private sector, in a symbolic move to rally entrepreneurs and shore up confidence as Beijing hunkers down for a “protracted” trade war with the US.

China adopts law to protect private companies amid trade war 

(April 30): US President Donald&nbsp;Trump&nbsp;signed a pair of orders to soften&nbsp;the blow of his auto tariffs on Tuesday with a mix of credits and relief from other levies on materials, and his trade team touted its first deal with a foreign trading partner, developments that eased investor worries about&nbsp;Trump's erratic trade policies.

Trump eases auto tariffs burden as Lutnick touts one done foreign trade deal

Oil prices extended declines on Wednesday and were set for their largest monthly drop in more than three years as the global trade war eroded the outlook for fuel demand, while fears of mounting supply also weighed.

Oil drops, poised for biggest monthly fall in three years

Artificial intelligence (AI) has the potential to increase global gross domestic product (GDP) by as much as 15 percentage points by 2035, according to PricewaterhouseCoopers (PwC), one of the "Big Four" accounting firms globally.

AI could boost global GDP by up to 15 percentage points by 2035, says PwC

President Donald Trump renewed criticism of Federal Reserve chairman Jerome Powell as he championed his economic policies and tariff regime during a Tuesday event to mark his 100th day in office.

Tarani Palani

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Tarani Palani

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