KL MPs are seeking the return of 10 plots of land – still registered under DBKL – which were among the 64 sold in alleged dubious deals under the purview of former FT minister Ku Nan.</div><div class=inPageAd id=div-gpt-ad-inpage>

NEWS: DBKL seeks return of land sold under Ku Nan

Sustainability has become a key topic in global development, especially when discussing infrastructure projects. In Malaysia, like in many other developing countries, sustainability has been actively promoted as part of national infrastructure planning. Slogans like “Green for the future” and “sustainable development” are frequently touted, reflecting the belief that sustainability is a crucial element in protecting future generations.

MySay: Sustainability: A noble goal but expensive to implement

US President-elect Donald Trump said on Thursday he has chosen former Senator David Perdue to be ambassador to China.

Trump says he picks former Senator David Perdue to be ambassador to China

Former finance minister Lim Guan Eng on Friday lost his appeal at the Court of Appeal over his defamation suit against former MCA vice-president Tan Teik Cheng and Star Media Group Bhd (KL:STAR).

Appellate court dismisses Guan Eng's defamation appeal against MCA's ex-VP, The Star over letter to editor

(Dec6): Private credit may be all the rage among investors, but there are better alternatives, according to JPMorgan Asset Management.

Amid signs of a turnaround in commercial real estate, opportunities exist in commercial mortgage-backed securities, non-traded real estate investme...

JPMorgan Asset prefers real estate and PE to direct lending

(Dec 6): Luxury hotel Fontainebleau Miami Beach sold a $975 million commercial mortgage-backed security to refinance debt.

The CMBS is part of a broader $1.2 billion debt package that includes a mezzanine loan of as much as $225 million. The almost 1,600-room hotel is also expected...

Fontainebleau Miami Beach borrows $975 million in bond market

Emmanuel Macron said he will serve out the remainder of his presidential term, as he seeks to quickly stymie the political turmoil in France, after Marine Le Pen’s far-right party allied with leftist lawmakers to topple his government.

Macron vows to stay on as French president, picks new PM

The recent pullback at Tenaga Nasional Bhd (KL:TENAGA) represents a buying opportunity, said CGS International, who expects above-average demand growth to translate into higher regulated capex requirements for the utility player in the next three years.

Higher Tenaga capex seen in 2025-2027, says CGS International

(Dec 6): High-grade US corporate bond spreads hover near their tightest levels in more than 25 years and may grind even lower next year. Charles Schwab Corp.’s Kathy Jones sees cause for concern.

“There is a sense now of real complacency that’s priced into the market,” the chief fi...

Schwab’s Jones worries credit markets are priced for complacency

The leader of South Korea’s ruling party said President Yoon Suk Yeol should be suspended from office quickly, an abrupt shift in stance that makes it more likely an impeachment motion will pass.

South Korea's Yoon could be impeached soon as key ally shifts stance

Malaysia’s worst flood season in the decade occurring currently has had minimal impact on the production of crude palm oil (CPO), said TA Research.

Minimal impact from flood season on CPO production, says TA

A total of 2.65 million or 36.2% of the 7.33 million active formal members of the Employees Provident Fund (EPF) aged 18 to 55 have achieved the basic savings&nbsp;according to age as at&nbsp;Oct&nbsp;30, 2024, said the Ministry of Finance (MOF).

Basic savings achieved for 2.65 million or 36.2% of active EPF members — MOF

Maxland Bhd (KL:MAXLAND) has signed a 60-year land lease agreement to set up a data centre in the Kulim High-Tech Park (KHTP) in Kedah.

Its indirect wholly owned Maxland Data Sdn Bhd (MDSB) entered into the agreement on Thursday with Kulim Technology Park Corp Sdn Bhd to lease a 4.57-acre parcel in Industrial Zone Phase 2 of KHTP for RM9.95 million, which will be funded through internal funds and bank borrowings.

Maxland inks 60-year land lease agreement to set up data centre in Kulim High-Tech Park

The data centre market in Southeast Asia has experienced robust growth over the last few years, driven by increased internet penetration, accelerating digital transformation, and rising demand for cloud services.&nbsp;

The rise and rise of the Malaysian data centre hub

The long-held precept that a weak yen is a good thing for Japanese stocks may finally be put to rest, as the breakdown in their correlation accelerates amid divergence in global monetary policy.

Since its big summer crash, the Topix has been stuck in a narrow trading band even as the yen has swung between a 14-month high of 139.58 per dollar in mid-September and a mid-November low of 156.75, which was not far from its 38-year trough in July.

Cheap yen boost for Japan’s stocks shrinks to nil on hawkish BOJ

Stocks lost steam near all-time highs, with Wall Street traders gearing up for key jobs data that will help determine whether the US Federal Reserve (Fed) will cut or hold interest rates in December.

US stock rally stalls as anxiety brews in jobs run-up

Malaysia’s worst flood season in the decade occurring currently has had minimal impact on the production of crude palm oil (CPO), said TA Research.

Asian equities tracked a drop in US shares ahead of jobs data that may help shape the direction of the Federal Reserve’s (Fed) policy path later this month.

Equities in Japan, Australia and futures in Hong Kong all fell, taking cues from the downbeat mood on Wall Street. The S&amp;P 500 dropped 0.2% and the tech-heavy Nasdaq 100 slipped 0.3%, their first declines in five sessions.

Asian equities edge lower ahead of US jobs data

A senator hopes the government will consider using an e-wallet mechanism in the distribution of RON95 subsidies to eligible citizens.

Senator Datuk Lim Pay Hen said the use of e-wallet&nbsp;is more targeted and systematic than identity cards, because it will not complicate consumers when dealing at petrol stations.

Senator proposes e-wallet mechanism to channel RON95 subsidy

Bank Negara Malaysia (BNM) is currently fine-tuning a proposal from the Reserve Bank of India (RBI) to develop a Local Currency Settlement Framework (LCSF) to enhance the use of the ringgit and Indian rupee in bilateral trade, said the Ministry of Investment, Trade and Industry (Miti).

BNM refining RBI's proposal for Local Currency Settlement Framework, to enhance use of ringgit and rupee in trade

The leader of South Korea’s ruling party said President Yoon Suk Yeol should be suspended from office quickly, an abrupt shift in stance that makes it more likely an impeachment motion will pass.

Prudential plc announced&nbsp;that it will commence the second tranche of its US$2 billion (RM8.86 billion) share buy-back programme for US$800 million. This follows the&nbsp;completion of the first tranche of the programme on Nov 15&nbsp;for US$700 million.

Prudential starts US$800m share buy-back programme

The recent pullback at Tenaga Nasional Bhd (KL:TENAGA) represents a buying opportunity, said CGS International, who expects above-average demand growth to translate into higher regulated capex requirements for the utility player in the next three years.

Emmanuel Macron said he will serve out the remainder of his presidential term, as he seeks to quickly stymie the political turmoil in France,&nbsp;after Marine Le Pen’s far-right party allied with leftist lawmakers to topple his government.&nbsp;

Former finance minister Lim Guan Eng on Friday lost his appeal at the Court of Appeal over his defamation suit against former MCA vice-president Tan Teik Cheng and Star Media Group Bhd (KL:STAR).

The Ministry of Transport (MOT) will continue to subsidise the purchase of one-way flight tickets from Peninsular Malaysia to Sabah, Sarawak and Labuan&nbsp;during major festive seasons this year and next year.

Govt to continue flight ticket subsidy for festive seasons

(Dec 6):&nbsp;High-grade US corporate bond spreads hover near their tightest levels in more than 25 years and may grind even lower next year. Charles Schwab Corp.’s Kathy Jones sees cause for concern.

“There is a sense now of real complacency that’s priced into the market,” the chief fi...

(Dec 6):&nbsp;Luxury hotel Fontainebleau Miami Beach sold a $975 million commercial mortgage-backed security to refinance debt.

The CMBS is part of a broader $1.2 billion debt package that includes a mezzanine loan of as much as $225 million. The almost 1,600-room hotel is also expected...

(Dec6):&nbsp;Private credit may be all the rage among investors, but there are better alternatives, according to JPMorgan Asset Management.

Amid signs of a turnaround in commercial real estate, opportunities exist in commercial mortgage-backed securities, non-traded real estate investme...

US President-elect Donald Trump said on Thursday he has chosen former Senator David Perdue to be ambassador to China.