PUTRAJAYA: The Court of Appeal upheld yesterday the High Court’s finding that police had breached its standard operating procedure in the shooting of a single mother during a car chase six years ago.

A three-member bench led by Datuk Abang Iskandar Abang Hashim said the trial judge did ...

Court of Appeal upholds RM318,000 damages for shooting victim

KUALA LUMPUR: Businessman Low Taek Jho (Jho Low) should be investigated and action taken against him if there is proof that he was involved in the misappropriation of 1Malaysia Development Berhad (1MDB) funds, Umno Youth said yesterday.

Referring to the front-page blurb of The Edge Fina...

Investigate Jho Low over 1MDB, says Umno Youth

(April 6): The Penang chief minister has described the privatisation of the oldest port in the country as "piratisation", after learning about the low price paid by a company linked to tycoon Tan Sri Syed Mokhtar Al-Bukhary.

Lim Guan Eng said his administration was disappointed with the...

Guan Eng questions low price paid by tycoon’s company to take over Penang port

Malaysian shares fell on Wednesday as investors returned from holiday with caution following overnight losses on Wall Street and sharp declines in neighbouring markets.

The country’s benchmark equity index FBM KLCI fell as much as 15.6 points or 1% to 1,512.21 after three consecutive sessions of gain.

Malaysian shares dip as investors return from holiday with caution

Lee Shau-kee, the Hong Kong billionaire known as “Asia’s Warren Buffett” and whose business empire included real estate, utilities and public infrastructure, has passed away. He was 97.

HK billionaire developer Lee Shau-kee, known as Asia’s Warren Buffett, passes on at 97

The sustainability agenda has become a major concern discussed globally. Malaysia is taking significant steps towards sustainability and climate action, recognising the need for collaborative efforts to protect its natural environment while driving economic growth. A key initiative is the propose...

My Say: Understanding the Carbon Capture, Utilisation and Storage Bill 2025

New World Development Co, the Hong Kong real estate company controlled by the billionaire Cheng family, is in talks with luxury giant Louis Vuitton to open a mega store in one of the developer’s signature malls, according to people familiar with the matter.

Billionaire Cheng family in talks with Louis Vuitton on mega Hong Kong store, Bloomberg reports

Kuala Lumpur Kepong Bhd’s (KL:KLK) stock may have more upside ahead, with the palm oil producer on track for a 40% surge in net profit this financial year, said RHB Investment Bank.

KLK to see jump in earnings with higher output, lower costs — RHB

A total of 93,094 diploma graduates have been produced by vocational colleges (KV) to date, exceeding the Ministry of Education’s (MOE) target of 90,000 under the Malaysia Education Blueprint 2013-2025.

Over 93,000 vocational college diploma holders produced, surpassing target — MOE

Gold rose to hit a record high on Wednesday, as Middle East tensions and trade uncertainties lifted the bullion's appeal, while traders awaited the Federal Reserve's (Fed) decision later in the day.

Gold hits record high on safe-haven demand; Fed decision in focus

Anta Sports Products Ltd reported better-than-expected sales in 2024, a year that saw China’s biggest sportswear maker gain eyeballs overseas after signing an endorsement deal with NBA star Kyrie Irving.

Anta Sports’ sales last year increase after signing NBA star

Alimentation Couche-Tard Inc met privately with key Seven & i Holdings Co shareholders as the Canadian firm ramps up pressure on the operator of 7-Eleven convenience stores to engage in takeover talks.

Couche-Tard met Seven & i investors to press case for a deal 

The Court of Appeal (COA) on Wednesday upheld the Kuala Lumpur High Court's decision that quashed the proposed fine of RM86.77 million imposed by the Malaysia Competition Commission (MyCC) on Grab Holdings Inc, together with its subsidiaries GrabCar Sdn Bhd and MyTeksi Sdn Bhd, in 2019.

Appellate court upholds quashing of proposed RM86.77 mil fine against Grab, two others

The Court of Appeal (COA) on Wednesday upheld the Kuala Lumpur High Court's decision that quashed the proposed fine of RM86.77 million imposed by the Malaysia Competition Commission (MyCC) on Grab Holdings Inc, together with its subsidiaries GrabCar Sdn Bhd and MyTeksi Sdn Bhd, in 2019.

Malaysian shares fell on Wednesday as investors returned from holiday with caution following overnight losses on Wall Street and sharp declines in neighbouring markets.

The country’s benchmark equity index FBM KLCI fell as much as 15.6 points or 1% to 1,512.21 after three consecutive sessions of gain.

US President Donald Trump released material related to the 1963 assassination of President John F Kennedy on Tuesday, seeking to honor his campaign promise to provide more transparency about the shock event in Texas.

Trump releases JFK assassination documents

Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in the latest blow for German industry shaken by weak demand at home and abroad.

Siemens to cut 8% of jobs at struggling factory automation business

Bangkok Airways Pcl is gearing up to order as many as 30 new aircraft as it renews its aging fleet and plans for a tourism boost driven by the popularity of television series the White Lotus.

Bangkok Airways seeks 30 new jets as TV series White Lotus boosts tourism

Affin Bank Bhd has signed an agreement with Halogen Capital to distribute the Halogen Shariah Defensive Bitcoin Fund, a digital asset fund with an integrated capital preservation strategy, to investors.

Halogen Capital is a digital asset fund manager licensed by the Securities Commission Malaysia.

Affin Bank to distribute Bitcoin fund managed by Halogen Capital  

Corporate figure Tan Sri Mohamad Salim Fateh Din has been appointed as the new chairman of the Malaysian Anti-Corruption Commission (MACC) Anti-Corruption Advisory Board (ACAB) for the 2025-2028 session effective Feb 2.

Salim Fateh Din appointed MACC Anti-Corruption Advisory Board chairman

Heavy selling resumed in Wall Street’s largest technology companies, with American shares snapping a two-day rebound amid signs investors are paring exposure in US risk assets. European stocks gained.

US stocks hit by tech rout on eve of Federal Reserve decision day

Asian stocks were subdued on Wednesday and gold hovered near record highs as economic worries and a shifting geopolitical landscape kept risk appetite in check, while the yen was a tad softer ahead of the Bank of Japan's (BOJ) policy decision.

Asian stocks muted, yen softer ahead of BOJ decision

Morgan Stanley is planning to cut about 2,000 employees later this month in the first major workforce reduction under chief executive officer Ted Pick.

Morgan Stanley plans about 2,000 job cuts to cut costs — Bloomberg

Indonesia's GoTo Gojek on Wednesday reiterated that there was no agreement with any party about a potential transaction after a media report emerged that Singapore-headquartered Grab was moving forward to buy it.

GoTo reiterates no deal in place with any party as it addresses Grab buyout rumours

Bain Capital-owned data centre operator Bridge Data Centres has obtained a US$2.8 billion (RM12.43 billion) loan for its operations in Malaysia, according to people familiar with the matter, marking the its largest bank financing deal ever.

Bain Capital-owned Bridge Data gets record US$2.8 bil loan 

The Association of Private Healthcare Malaysia (APHM) has rejected the insurance and takaful operators’ (ITOs) proposal for private hospitals to freeze costs for three years and also for the Health Ministry to regulate the pricing of pharmaceuticals or medication. 
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Private hospitals association reject calls for three-year costs freeze, regulation of pharmaceutical pricing

Solarvest Holdings Bhd’s (KL:SLVEST) stock edged up on Wednesday, bucking broader market decline, as investors cheer its biggest job win to-date and analysts see more contract flows in coming months.

Solarvest bucks broader market decline as analysts, investors cheer contract win

It wasn’t supposed to unfold this way. Just over a year ago, optimism about Indonesia was running high, with investors expecting Prabowo Subianto to extend former president Joko Widodo’s pro-business policies.

Indonesia’s wild stock moves spark fresh investability concerns

HE Group Bhd’s (KL:HEGROUP) earnings could decline this year amid delays in contracts roll out, Phillip Capital warned on Wednesday and cut its target price by 48%.

Contracts delays could snag on HE Group’s earnings, Phillip Capital slashes target price by 48%

Indonesia’s central bank may hold its key interest rate unchanged to support the rupiah, opting for stability after the nation’s veteran finance minister was forced to deny resignation rumors that sent stocks tumbling.

Indonesia may hold rate as stocks, trade turmoil threaten rupiah

Gold rose to hit a record high on Wednesday, as Middle East tensions and trade uncertainties lifted the bullion's appeal, while traders awaited the Federal Reserve's (Fed) decision later in the day.

Jensen Huang, Nvidia Corp’s chief executive officer, used his annual developer conference to address concerns that the cost of artificial intelligence computing is spiralling out of control.

Nvidia looks to expand AI reign with new chips, personal supercomputers

The Bank of Japan (BOJ) kept interest rates unchanged on Wednesday, as policymakers chose to spend more time gauging how prospects of higher US tariffs would affect the export-reliant economy.

The Malaysin Insider