Emmanuel Faber, CEO of Danone, says its initiatives to tackle inequality will grow "way beyond" the limits of the G-7 group of countries.</div><div class=inPageAd id=div-gpt-ad-inpage>

Danone CEO: 'Inclusive growth' to be a key part of our operations

South Africa is poised for Chinese investment in its US$27 billion (RM121.51 billion) automotive industry after the president signed a tax break for the production of so-called new-energy vehicles into law.

EV tax break may lure China to US$27b South Africa industry

SEOUL (Jan 3): South Korea's Hyundai Motor Co and affiliate Kia Corp aim to grow their combined global sales by 2% to 7.39 million vehicles in 2025, after reporting a dip in 2024 sales and missing their targets.

Hyundai Motor, Kia Motor see uptick in 2025 sales after missing 2024 targets

South Korea's presidential guards and military troops prevented authorities from arresting impeached President Yoon Suk Yeol on Friday in a tense six-hour stand-off inside Yoon's compound in the heart of Seoul.

South Korean presidential guards prevent arrest of impeached Yoon after tense stand-off

MUMBAI (Jan 3): India's palm oil imports in December 2024 plunged to their lowest in nine months, as a rally in prices to a 2-1/2-year high prompted refiners to increase purchases of substitute soyoil that was available at a discount, five dealers said.

India's December palm oil imports hit nine-month low as buyers prefer soyoil, dealers say

Stellantis NV and Volkswagen AG shares declined as some of their plug-in cars lost access to US tax credits under tougher rules that took effect this week.

VW’s ID.4 electric crossover lost its full US$7,500 (RM33,573) tax credit, according to the latest listing by the Department of Energy and Environmental Protection Agency.

Stellantis, Volkswagen drop after losing US electric-car subsidy

Industrial services firm Swift Energy Technology Bhd (KL:SET), which is slated to be listed on the ACE Market next Wednesday, made a net profit of RM5.18 million for the fourth quarter ended Sept 30, 2024 (4QFY2024), on the back of RM29.3 million in revenue.

ACE Market-bound Swift Energy posts 4Q net profit of RM5.18 mil

Velocity Capital Partner Bhd (KL:VELOCITY) has made its new largest shareholder Datuk Fam Chee Way its non-independent and non-executive director, effective Friday.

On the same day, executive director Tan Yip Jiun resigned from his post "to pursue other interests", according to the hauling and money lending firm's bourse filings on Friday.

Velocity Capital's new largest shareholder Fam Chee Way joins its board as ED Tan Yip Jiun resigns

Thai authorities have begun seizing the assets of a hospital tycoon who fled the country after allegedly luring more than 12 billion baht (US$350 million or RM1.57 billion) into fake medical projects from hundreds of investors.

Thailand moves to seize tycoon’s assets in US$350m scam

The Malaysian Bar has filed an appeal against the High Court's decision to dismiss its bid to challenge the Pardons Board's decision to reduce Datuk Seri Najib Razak's prison sentence and fine in the SRC International Sdn Bhd case.

Malaysian Bar appeals against dismissal of its bid to challenge Najib’s pardon

Permodalan Nasional Bhd's unit, Yayasan Pelaburan Bumiputra (YPB), has now taken over the 5.02% substantial stake that Yayasan Ekuiti Nasional (YEN) held in offshore support vessel firm Icon Offshore Bhd (KL:ICON) via Ekuiti Nasional Bhd (Ekuinas).

PNB's unit Yayasan Pelaburan Bumiputra now owns Ekuinas' substantial stake in Icon Offshore

Going into 2025, the US president-elect Donald Trump’s penchant for unpredictability set the stage for a potentially unpredictable time ahead. Being a major export destination for many countries, the US’ international trade policy will have a bearing on global economic growth. &nbsp;

Stocks that analysts recommend most for 2025 

Order book size seems to be a key consideration when it comes to stock picks. A fund manager and heads of equity research contacted by The Edge are more inclined to favour companies which have secured sizeable order books that offer better earnings visibility, besides the growing demand for their products or services.

Experts' stock picks for 2025

KUALA LUMPUR (Jan 2): HLIB Research, an equity research arm of Hong Leong Investment Bank, is not that upbeat about banking stocks, although the sector’s valuation is reaching its lowest point in five years.

HLIB: Be selective on bank stocks although valuation is nearing five-year low

Malaysia’s property developers may see their valuations rise further even after 2024’s strong rally, with stocks in the high-risk-high-return sector continuing to perform, said RHB Investment Bank.

Property stocks may see rising valuations as investors watch for recurring income, says RHB IB

Thailand’s Prime Minister Paetongtarn Shinawatra has declared assets worth US$400 million (RM1.8 billion), including two properties in London, investments in several companies and a collection of luxury watches and handbags.

London properties, luxury bags in Thai PM’s US$400m assets

Southern Cable Group Bhd (KL:SCGBHD) may win a contract to supply cables to the national electric utility, set to be announced within the next two months, Hong Leong Investment Bank (HLIB) flagged.

Southern Cable shares at record high; HLIB says company may win supply contract from Tenaga soon

The Malaysian glove sector is expected to experience a strong demand recovery this year, driven by inventory rebuilding, increased demand from the US due to higher tariffs on Chinese glove makers, and rising average selling prices, according to Kenanga Research, which has maintained its "overweight" stance on the sector.

Malaysia's glove sector poised for strong demand recovery in 2025 — Kenanga Research

Any prisoner seeking clemency or a reduction in one’s sentence must submit an application to the Pardons Board for consideration, the National Palace said on Friday.

Istana Negara: Prisoners seeking clemency or sentence reduction must apply to Pardons Board

The family of slain Mongolian Altantuya Shaariibuu has asked the government to take action against “high ranking government officials” who were responsible for her death in 2006.

Family of slain Mongolian asks govt to quit stalling and take action

（吉隆坡3日讯）进入2025年，美国当选总统Donald Trump难以捉摸的行事风格，为未来一段时期埋下了不确定性。作为许多国家的主要出口目的地，美国的国际贸易政策将会影响全球经济增长。

2025年分析员推荐的心水股

US President-elect Donald Trump called to "open up" the North Sea and get rid of windmills in a post on his social media platform Truth Social on Friday.

Trump calls to 'open up' North Sea, get rid of windmills

Asia Internet Holdings Sdn Bhd has ceased to be a substantial shareholder in Cuscapi Bhd (KL:CUSCAPI) after paring 5.29% stake in the point-of-sale systems provider.

Asia Internet is a private vehicle of Wong Thean Soon, the managing director MyEG Services Bhd (KL:MYEG). Also known as TS Wong, he still personally holds 21.96% in Cuscapi, making him the biggest shareholder of Cuscapi.

Asia Internet, private vehicle of MyEG’s TS Wong, ceases to be substantial shareholder of Cuscapi

China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, the Financial Times reported on Friday, citing comments the bank made to the newspaper.

PBOC likely to cut rates in 2025, FT reports, as part of broader policy shift

The US banking system’s reserves, a key factor in the Federal Reserve’s decision to keep shrinking its balance sheet, tumbled below US$3 trillion (RM13.4 trillion) to the lowest since October 2020.

Reserves at US Fed sink below US$3 tril to the lowest since 2020

Millions of government workers across China were given surprise wage increases this week, people affected by the move said, as Beijing looks to boost spending to support the slowing economy.

China gives govt workers first big pay bump in a decade to boost economy

KUALA LUMPUR (Jan 3): Prime Minister Datuk Seri Anwar Ibrahim has asked the relevant parties to understand and accept the King of Malaysia’s statement regarding applications for pardon or reduction of sentence for prisoners.

Anwar: Read and accept King’s decree on prisoner pardon

KUALA LUMPUR (Jan 3): Malaysia’s manufacturing sector is expected to stabilise in 2025, despite another month of contraction in factory activity data, economists said.

Malaysia’s manufacturing sector may stabilise in 2025, economists say

KUALA LUMPUR (Jan 3): Prime Minister Datuk Seri Anwar Ibrahim said that Pakatan Harapan (PH) is not involved in the solidarity rally for Datuk Seri Najib&nbsp;Razak, scheduled for Monday (Jan 6).

Anwar: PH not involved in solidarity rally for Najib

US electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market in a year when its annual global deliveries fell for the first time.

Tesla's China sales rise to record high in 2024, bucking global decline

China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally.&nbsp;