KUALA LUMPUR (Sept 25): Khazanah Nasional Bhd’s venture capital fund-of-funds, Jelawang Capital Sdn Bhd, has appointed Howard Soh as CEO, effective Oct 1.

Soh’s appointment comes about 15 months after former CEO Bryan Lim left Jelawang and its parent, Khazanah, at the end of June 2025, ...

Jelawang Capital appoints new CEO Howard Soh after long vacancy

China continues to deepen its ties with Asean through closer capital market collaborations, industrial ecosystem and cross-border investment channels, including the launch of the first Belt and Road exchange-traded fund (ETF), said Wang Sheng, chairman of China Galaxy Securities Co Ltd (CGS).

China-Asean ties move beyond trade into capital markets

During the California gold rush of the 1850s, many prospectors dreamt of striking it rich by finding gold. Yet some of the most consistent fortunes were made not by those digging for gold, but by those selling the picks, shovels and supplies that enabled the boom.

More than a century la...

Pitfalls & Pitch Calls: Risks and opportunities in the AI boom

Asked to describe an entitled child, most of us understandably would describe that child as spoiled, demanding or accustomed to getting everything he or she asks for. Yet, some psychologists are increasingly suggesting that we may be looking at the wrong thing.

Imagine two children who ...

Wealth, by Design: The surprising investment lesson from an entitled child

Ray Farris, chief economist at Prudential PLC (UK) and Eastspring Investments (Singapore) Ltd, sees further upside in Asian equities as US hyperscalers pour money into artificial intelligence (AI) infrastructure. He says, however, that investors should favour selected markets and companies over b...

Event: Selective opportunities in Asia’s US$3.7 tril AI boom

Malaysian investors may soon be able to trade Hong Kong exchange-traded funds (ETFs) and real estate investment trusts ­(REITs) on the local bourse in ringgit, without currency conversion, and in board lots of 100 units. They may also be able to participate in the initial public offerings (IPOs) ...

Cover Story: New playbook on Hong Kong

Hive Ventures has set its sights on two Malaysian start-ups — one in fintech and the other in supply chain management — as it expects to close at least four new deals across Southeast Asia by year-end.

The investments form part of the venture capital firm’s bet on artificial intelligenc...

Venture Capital: Taiwan-based Hive Ventures targeting third and fourth deals in Malaysia

CoKeeps, one of the three digital asset custodians licensed by the Securities Commission Malaysia (SC), has been quietly expanding its business and product suites over the past 2½ years with fresh funding from investors.

In an interview with Wealth, its CEO Suhanna Husein says the firm ...

Digital Asset: CoKeeps positioning for data sovereignty

The income fund trend stretched into mid-August, with six new funds launched between July 17 and Aug 12, according to the Federation of Investment Managers Malaysia (FIMM).

The six funds were PMB Shariah Stable Distribution Income, AHAM AIIMAN Global Thematic Mixed Asset, Opus Life Sett...

Funds: Only six funds launched between mid-July and mid-August

While Grab and Gojek continue to dominate the urban e-hailing and on-demand delivery market, Haloje Delivery has stepped in to meet the needs of underserved communities in the suburban and semi-urban areas.

Haloje founder and director Jalluddin Abu Hassan conceived the idea in 2019 afte...

TheWall: Delivery and e-hailing platform Haloje aims to raise RM2 mil for expansion

PETALING JAYA (Aug 14): BLOX, the fintech company behind the ringgit-denominated stablecoin MYRC, has announced the successful close of its US$1 million seed funding round.

MYRC issuer BLOX completes US$1 mil seed funding round

PUTRAJAYA (Aug 13): VentureTECH Sdn Bhd has invested RM28 million in three Bumiputera-led technology companies, with the investments targeting industrial automation, healthcare technology and digital accessibility.

VentureTECH invests RM28 mil in three Bumiputera tech companies

KUALA LUMPUR (Aug 13): Halogen Capital, a licensed digital asset fund manager and digital wealth solution provider, has launched Halogen Partner Portfolios, a dedicated business to business to consumer  (B2B2C) investment solution that investors can access from as little as RM1,000 through licensed intermediaries.

Halogen Capital rolls out multi-asset portfolios via B2B2C model

Singapore is the most expensive city in the world, followed by Zurich and Monaco, according to Julius Baer’s “Global Wealth and Lifestyle Report 2026”, which was published on July 7. Monaco, a sovereign city-state on the French Riviera, broke into the top three for the first time, nudging Hong Kong into fourth place. Bangkok made its way into the top 10 list for the first time in at least the last five years, according to the report.

Singapore is world’s most expensive city, Bangkok ranked 10th

European Central Bank chief Christine Lagarde said it would "not be a good idea" to run in France's 2027 presidential race, telling newspaper La Croix on Wednesday that if she were to step down early from the bank in 2027, it would only be by a few months.

ECB's Lagarde says it 'would not be a good idea' to run for French president

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

UWC, F&N, Astro, Divfex, Zetrix AI, Batu Kawan, MKH, Chin Hin Group Property, ES Sunlogy, Solid Automotive

The co-pilot of a flight from Dubai to Tel Aviv tried to crash the plane after stabbing the pilot, but passengers subdued him while other pilots landed the plane safely in Saudi Arabia, Israeli officials said on Wednesday.

Passengers overcame pilot who tried to crash flydubai flight, Israel says

The Malaysian Communications and Multimedia Commission (MCMC) is demanding a comprehensive explanation from Meta regarding issues involving WhatsApp accounts that have been suspended, rendered inaccessible, or accessed without authorisation.

MCMC seeking explanation from Meta over WhatsApp issues 

UWC Bhd (KL:UWC) achieved record performance for its financial year 2026, following a more than doubling of its fourth quarter earnings.

UWC ends FY2026 with record numbers as 4Q profit more than doubles

Companies seeking dual listings on the main boards of the Kuala Lumpur and Hong Kong bourses only need one centralised, coordinated submission.

Simplified procedure for simultaneous IPO listing in Malaysia and Hong Kong takes effect

The Federal Trade Commission is opening a sweeping probe into Anthropic, OpenAI and other AI labs to uncover the potential dangers their technology poses to consumers, a source familiar with the matter told Reuters on Wednesday.

FTC opens probe into AI giants including Anthropic and OpenAI — Reuters

The Reserve Bank of India’s net short dollar book rose past US$200 billion (RM815.9 billion) for the first time, reflecting surging future repayment obligations from a dollar diaspora programme to support the rupee.

RBI’s short dollar book surges past US$200 bil on forex plan

Wall Street's main indices gained on Wednesday, as a softer-than-anticipated inflation reading buoyed hopes that the Federal Reserve might not hike rates as soon as next month.

Wall Street climbs as cooling inflation tempers Fed rate-hike concerns

“At the pleasure of the King” — what if the King is displeased?
The phrase is not what it seems.
Many have misinterpreted it. And a great many have given the phrase its literal meaning, forgetting and, in some cases, even in ignorance, that it is a legal phrase that has its own lega...

Opinion: At the pleasure of the King

Zetrix AI Bhd (KL:ZETRIX) and IPVG Employees Inc have agreed to extend by three months the deadline to complete the Malaysian company's purchase of a 50% stake in Philippines-based MyEG Ventures Inc.

Zetrix AI, IPVG Employees extend deadline of MyEG Ventures deal by three months

The US trade deficit in goods widened sharply in August amid a surge in imports, suggesting that trade could remain a drag economic growth in the third quarter.

US goods trade deficit widens sharply in August

IOI Properties Group Bhd (KL:IOIPG) and Marriott International Inc have expanded their strategic relationship with the signing of a portfolio deal for four new hotels in Malaysia.

IOI Properties expands hospitality pipeline with four new Marriott hotels totalling 888 rooms

“At the pleasure of the King” — what if the King is displeased? 
The phrase is not what it seems. 
Many have misinterpreted it. And a great many have given the phrase its literal meaning, forgetting and, in some cases, even in ignorance, that it is a legal phrase that has its own lega...

Batu Kawan Bhd’s (KL:BKAWAN) unconditional mandatory takeover of MKH Bhd (KL:MKH) has crossed the 95% threshold, paving the way for the property developer’s delisting.

Batu Kawan’s takeover of MKH crosses 95%

Chin Hin Group Property Bhd (KL:CHGP) is selling its&nbsp;entire equity interest in four loss-making subsidiaries involved in the commercial vehicle and bodyworks business for a combined RM62 million in cash, to focus on its property development business.

Chin Hin Group Property exits commercial vehicle business in RM62m cash deal

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

Astro Malaysia Holdings Bhd (KL:ASTRO) sank into the red in the May-July quarter — its first quarterly loss since late 2023 — dragged by unrealised foreign exchange losses while its top line declined on lower subscription revenue.

Forex losses, lower subscription revenue pull Astro into the red

One of the brothers who co-founded Solid Automotive Bhd (KL:SOLID), Ker Boon Kee, has transferred his shares in the company to his children, making his son and executive director Ker Keddy the company’s second-largest shareholder.

Solid Automotive’s co-founder Ker Boon Kee transfers shares to children, son Keddy emerges as second-largest shareholder

Bank Negara Malaysia (BNM) is seeking feedback on proposed new rules on insurance and takaful providers meant to strengthen protections on policy owners.

Bank Negara seeks feedback on proposed tighter rules on insurance and takaful sales pitches

EP Manufacturing Bhd (KL:EPMB) has announced the resignation of its group chief executive officer Ahmad Razlan Mohamed, 50, with immediate effect.

EP Manufacturing group CEO Ahmad Razlan Mohamed resigns

Retail prices of unsubsidised petrol and diesel are set to fall from Thursday, Oct 1, as average global crude oil prices moderate after Saudi Arabia’s East-West pipeline resumed operations.

Unsubsidised fuel prices to fall from Oct 1, diesel down 15 sen

Companies seeking dual listings on the main boards of the Kuala Lumpur and Hong Kong bourses only need one centralised, coordinated submission.&nbsp;

Divfex Bhd (KL:DFX) said it has secured two contracts worth RM120.12 million to supply equipment for a 15MW data centre fit-out in Penang.

Divfex wins RM120m data centre equipment jobs in Penang

ES Sunlogy Bhd (KL:SUNLOGY) slipped into the red in the last quarter of its financial year, citing one-off impairment losses on trade receivables, property, plant and equipment.

Impairments drag ES Sunlogy into the red in 4Q as full-year profit shrinks 91% 

Chinese President Xi Jinping called for advancing efforts towards "reunification" with Taiwan, the self-ruled island Beijing claims as its own, in a speech on Wednesday on the eve of China's national day.

China's Xi calls for progress towards unification with Taiwan

Malaysia is still awaiting a response from Indonesia regarding efforts to send assistance to help extinguish forest and land fires in the country that have caused cross-border haze.

Haze: Malaysia awaiting Indonesia's response before sending assistance, says Fahmi

Wall Street's main indices gained on Wednesday, as a softer-than-anticipated inflation reading buoyed hopes that the Federal Reserve might not hike rates as soon as next month.

The Malaysian Communications and Multimedia Commission (MCMC) is demanding a comprehensive explanation from Meta regarding issues involving WhatsApp accounts that have been suspended, rendered inaccessible, or accessed without authorisation.

Exsim Hospitality Bhd (KL:EXSIMHB) said on Wednesday that it has secured three subcontracts worth RM27 million for construction works.

Wealth

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