Tom Blades, CEO of Bilfinger, discusses the company's cost-cutting strategy, its growth outlook and the energy transition trend.</div><div class=inPageAd id=div-gpt-ad-inpage>

Energy transition not just focused on CO2, Bilfinger CEO says

Media Prima Bhd (KL:MEDIA) posted an 86.77% drop in its first quarter net profit from the corresponding quarter a year ago as revenue dropped, coupled with a notable decrease in its other operating income.

Media Prima reports 87% drop in quarterly profit as revenue falls

Sarawak’s state government has become the largest shareholder of banking group Affin Bank Bhd, after the completion of a deal with Lembaga Tabung Angkatan Tentera (LTAT) for the acquisition of 165.05 million shares or 6.87% in the bank.

Sarawak emerges as largest shareholder of Affin with 31.25% stake

European Commission President Ursula von der Leyen has a new team in place, just in time to prepare for the return of Donald Trump.

The European Parliament on Wednesday voted to confirm her team of 26 commissioners, who will take office by Dec 1.

Von der Leyen’s new EU team confirmed as Trump’s term awaits

A ceasefire between Israel and Lebanese armed group Hezbollah held on Wednesday after the two sides struck a deal brokered by the US and France, a rare feat of diplomacy in the Middle East wracked by two wars and several proxy conflicts for over a year.

Israel-Hezbollah ceasefire holds in first hours, Lebanese civilians start to return home

Lotte Group, the conglomerate involved in everything from candy making to operating shopping malls, plans to pledge the tallest building in South Korea as collateral to the banking sector to ease concerns over liquidity at its battery materials unit.

Conglomerate Lotte to pledge Seoul skyscraper as debt security

Far-right leader Marine Le Pen’s finance chief said on Wednesday her lawmakers had not yet decided if they will vote to bring down the French government in a no-confidence motion over the budget.

Le Pen’s party yet to decide on toppling French govt

Volkswagen AG (VW) will end its activities in Xinjiang, bowing to pressure from investors concerned about possible human-rights abuses in the western Chinese region.

Volkswagen sells Xinjiang sites to exit controversial region

The dominance of US equities over the rest of the world is unlikely to abate unless geopolitical and trade policy risks fade, according to JPMorgan Chase & Co strategists.

JPMorgan sees US equities extending global dominance in 2025

Hengyuan Refining Co Bhd (KL:HENGYUAN), which is involved in the refining and manufacturing of petroleum products, dropped into the red in its third quarter this year, no thanks to a further weakening of its cracking or refining margin, and high stockholding losses amid unfavourable crude oil price movements.

Hengyuan drops into the red in 3Q despite revenue jump as cracking margin weakens

Coffee futures extended their rampant rally to the highest in more than four decades in New York on global supply worries, threatening to further raise costs for consumers.

Coffee gets even pricier as Arabica jumps to highest since 1977

The High Court has granted former prime minister Datuk Seri Najib Razak and former Treasury secretary general Tan Sri Mohd Irwan Serigar Abdullah a discharge not amounting to an acquittal (DNAA) in their criminal trial regarding International Petroleum Investment Co (IPIC).

Charges dropped against Najib, Irwan in IPIC trial as court grants DNAA

AMMB Holdings Bhd (KL:AMBANK), the country’s sixth-largest bank by assets, sharply raised its dividend payout after reporting a 7% rise in second-quarter net profit from a year earlier on&nbsp;interest income growth.&nbsp;

AMMB lifts dividend payout sharply as 2Q net profit rises 7%

Air fragrance maker Vanzo Holdings Bhd has launched the prospectus for its ACE Market initial public offering (IPO) that may raise up to RM21 million to expand retail presence and marketing activities.

Air fragrance maker Vanzo unveils IPO prospectus to raise up to RM21 mil, shares priced at 15 sen apiece

Genetec Technology Bhd (KL:GENETEC), whose share price tumbled to a more than three-year low at end-October, rebounded strongly over recent weeks.

Genetec shares hit three-month high after quarterly results announcement

Hong Kong Metropolitan University (HKMU)&nbsp;has signed an agreement to buy a distressed commercial property in the city that China Mobile Hong Kong had sought to purchase, according to people familiar with the matter.

Hong Kong tower seized from tycoon sold to university, Bloomberg reports

The Court of Appeal (COA) on Wednesday overturned a High Court decision two years ago that granted leave (permission) to former Petaling Jaya Member of Parliament Maria Chin Abdullah to challenge a show-cause issued by the Federal Territory Shariah High Court against her for contempt of court.

Appellate court overturns High Court's decision allowing Maria Chin to challenge contempt at Shariah Court

Shares of BP Plastics Holding Bhd (KL:BPPLAS) slipped on Wednesday to their lowest in more than nine months after the stretch films manufacturer reported weaker-than-expected third-quarter results.

BP Plastics shares slip to nine-month low as 3Q results disappoint

From left: RC Distribution Services Sdn Bhd chief financial officer Dorothy Tan, M&amp;M Ventures Holdings Sdn Bhd director Yuki Yu, Sportizza Sdn Bhd director CY Chiew, M&amp;M Ventures director Terence Kwok, M&amp;M Ventures chief operating officer Chris Stanley, M&amp;M Ventures MD Dominic...

M&M Ventures breaks ground for Bali Escape Kuala Lumpur retail park in Pudu, announces four confirmed tenants

Eight people have filed a RM60 million class action suit against the World Health Organization (WHO), its director general Dr Tedros Adhanom Ghebreyesus, vaccine companies Pfizer Inc and Sinovac Biotech Ltd (Beijing), and 21 others, including current and former government officials, for damages in relation to Covid-19 vaccinations that had been made compulsory.

Eight sue WHO, ex- and current PMs, two vaccine companies, govt over Covid vaccinations

KUALA LUMPUR (Nov 27): Petronas Gas Bhd (KL:PETGAS) said on Wednesday that its net profit rose 5.4% in the third quarter from a year earlier, as higher offtake and reservation charges lifted revenue, and boosted by currency gains.

Petronas Gas’ 3Q net profit edges up 5.4%, declares 18 sen dividend

Prime Minister Datuk Seri Anwar Ibrahim is set to unveil an affordable housing project next month, backed by an RM13 billion investment, Housing and Local Government Minister Nga Kor Ming said.

Nga: PM to announce RM13b affordable housing project next month

FGV Holdings Bhd (KL:FGV), Malaysia’s largest producer of palm oil by volume, nearly tripled its net profit in the third quarter thanks to higher output and prices that may stay high in the remaining months of 2024.

FGV’s 3Q net profit nearly triples on higher output, prices

The Court of Appeal has upheld the High Court's insider trading conviction against former Patimas Computers Bhd deputy chairman Datuk Raymond Yap Wee Hin.

Court upholds insider trading conviction against former deputy chair of Patimas Computers

The Malaysian government has reminded all local firms to ensure they are fully aware of the destinations of their exported goods, as the US has ramped up sanctions on entities and individuals globally with links to Russia.

Tok Mat reminds local firms to be aware of export destinations as US ramps up sanctions against Russia

CCK Consolidated Holdings Bhd (KL:CCK) may deliver stronger earnings ahead, analysts said as they upgraded their recommendations while investors cheered the poultry firm’s third-quarter results.

CCK to see stronger earnings ahead as analysts upgrade ratings, investors cheer 3Q results

KUALA LUMPUR (Nov 27):&nbsp;IJM Land Bhd, through its subsidiary RMS (England) Ltd, held a groundbreaking ceremony&nbsp;for the second phase of Royal Mint Gardens in London on Tuesday (Nov 26). The second phase comprises a 15-storey building, which has 463 aparthotel rooms and 79 residential units.

IJM Land breaks ground for Royal Mint Gardens phase two in London

&nbsp;Chinese companies’ foreign-currency debt load has shrunk significantly, reducing a key source of vulnerability under Donald Trump’s second presidency.

China companies cut foreign-currency debt just in time for Trump

US President-elect Donald Trump’s pick for the top trade position sees China as a “generational challenge” to the US, and has advocated for a strategic&nbsp;decoupling&nbsp;from the country.

Trump’s trade chief Greer advocates ‘strategic decoupling’ from China

At a record price tag of almost RM1,800 psf, The Light City in Gelugor is set to feature the most expensive project in Penang with the upcoming launch of Lightwater Residences, says IJM Land Bhd CEO Datuk Tony Ling.

In an exclusive interview with City &amp; Country, he explains...

The Light City to launch Penang’s most expensive condo

Sweden is asking a Chinese vessel to return to Swedish waters to help facilitate an investigation into recent breaches of undersea fibre-optic cables in the Baltic Sea, Prime Minister Ulf Kristersson said on Tuesday, but stressed he was not making any accusations.