A total of 11 election petitions have been filed nationwide to challenge the outcomes of contests for parliamentary seats in the 15th general election (GE15) last November.

Eleven election petitions filed nationwide, four in Sabah

KUALA LUMPUR (Jan 26): Former prime minister Tun Dr Mahathir Mohamad has claimed that the 15th general election was the most corrupt of all the elections held in independent Malaysia.

In a series of tweets on Wednesday (Jan 25), the former MP for Langkawi said that every single candidat...

Dr M: GE15 the most corrupt of all the elections held in Malaysia

DAP veteran Lim Kit Siang said newly minted Prime Minister Datuk Seri Anwar Ibrahim’s tasks, to unite a very polarised and divided nation, have just started.

Anwar’s tasks to unite a very polarised and divided nation have just started, says Kit Siang 

The Institute for Democracy and Economic Affairs (IDEAS) has called on the new government to assure the public and investors of political stability by getting all supporting coalition members to agree to the government serving its full term of five years.

"We stress the importance of assuring the public that this arrangement is here to stay for its full term in office, with a built-in mechanism within the coalition agreement to confirm as such.

IDEAS to new government: Assure public that coalition arrangement here to stay for full term

Former Prime Minister Datuk Seri Ismail Sabri Yaakob congratulated Datuk Seri Anwar Ibrahim on his appointment as the new PM.

“I pray for the new government to be able to maintain the political stability and ensure the sustainability of the country’s economy,” the Bera MP said in a five-paragraph statement via Twitter on Thursday

Ismail Sabri congratulates Anwar on appointment as new PM

After the King consented to the appointment of Pakatan Harapan (PH) chairman Datuk Seri Anwar Ibrahim as Malaysia’s 10th prime minister, DAP secretary general Anthony Loke Siew Fook urged party members to refrain from celebrating.

As Anwar ascends to premiership, DAP chief urges party members to refrain from celebrating

The King has consented to appoint Pakatan Harapan (PH) chairman Datuk Seri Anwar Ibrahim as Malaysia’s 10th prime minister, following the conclusion of the Conference of Rulers, said the Palace in a statement on Thursday (Nov 24).

Palace: Anwar is 10th prime minister, to be sworn in at 5pm

Perikatan Nasional (PN) is now willing to consider the proposal by Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah to form a unity Government at the federal level.

PN makes U-turn, will consider joining unity Government

DAP secretary general Anthony Loke Siew Fook has publicly apologised to Sarawak premier Tan Sri Abang Johari Tun Openg, more popularly known as Abang Jo, for any statements by party leaders in the past that may have offended the state government and people in the state.

DAP's Loke apologises to GPS chairman Abang Jo for any offence caused

With the Westminster constitutional conventions as guidelines for navigation when no person or party is able to obtain or retain an absolute majority in Parliament, the Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah is not legally bound to follow them.

King is not legally bound to Westminster constitutional convention or any consultation for PM decision

Senior statesman Tun Dr Mahathir Mohamad, who founded and chairs the Malay-based Parti Pejuang Tanahair, said whatever plans the fledgling party had for the country have been dropped.

GE15 defeat ends Pejuang's plans for country, says a saddened Mahathir

Almost half of Malaysian citizens have no issues telling those in their circles who they voted for in this election (46%), according to British international internet-based market research and data analytics firm YouGov.

Poll: Almost half of Malaysians prepared to disclose who they voted for in GE15

KUALA LUMPUR (Nov 23): Barisan Nasional (BN), whose numbers in the Dewan Rakyat is sought for the formation of the simple majority Federal Government, will see its 30 Members of Parliament (MPs) meet the Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah on Wednesday (Nov 23) morning, as the hung Parliament extends for the fourth day.

King’s meeting with 30 MPs from BN will tip the scale on unity government

The heads of the Pakatan Harapan (PH) and Perikatan Nasional (PN) coalitions have been summoned to the Istana Negara for an audience with the Yang di-Pertuan Agong after His Majesty had found that no Member of Parliament has obtained enough support to become Malaysia’s 10th prime minister.

PH and PN leaders summoned to Palace as no MP has enough support to become PM

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Thursday.

FBM KLCI slips 0.09% to 1,638.31 on Sept 12, 2024

Real estate developers in Malaysia are more positive about the country's property industry outlook for the first half of 2025 (1H2025) compared to the second half of 2024 (2H2024), according to Real Estate and Housing Developers’ Association (Rehda) Malaysia during a media briefing of its Property Industry Survey 1H2024 and Market Outlook for 2H2024 and 1H2025 held at Wisma Rehda, Petaling Jaya on Thursday.

More optimism among property developers for 1H2025 compared to 2H2024, says Rehda Malaysia's property industry survey

(Sep 12): Signs of gloom are mounting in the $9.5 trillion ETF landscape, threatening to expose Wednesday’s dip buying in stocks as a head-fake with traders cashing out of speculative trading vehicles.

Trading activity shows growing demand for exchange-traded funds that profit from...

Bearish signals flash in risky parts of $9.5 trillion ETF market

The United States is considering imposing sanctions as early as this week on prominent Cambodians, including one person close to the ruling party, over alleged links to online scams and human trafficking, two people briefed on the matter by US officials told Reuters.

US plans to sanction prominent Cambodians linked to scam factories — Reuters

Tesco was not entitled to terminate some employees' contracts and offer to rehire them on less favourable terms, the United Kingdom's Supreme Court ruled on Thursday.

Tesco loses UK legal battle over 'fire and rehire' of staff

Goldman Sachs Group Inc is selling a significant risk transfer tied to a portfolio of about US$3 billion (RM13 billion) of leveraged loans, according to people with knowledge of the matter.

Goldman Sachs to sell SRT tied to US$3b of leveraged loans

Share markets enjoyed a fourth straight day of gains on Thursday as the prospect of another ECB rate cut pinned shorter-term euro zone borrowing costs near to their lowest level since the end of 2022, and the euro to a four-month nadir.

Tech takes stocks higher as ECB prepares for rate cut

South Korea’s top financial regulator said it plans to lift the ban on short selling at the end of March and will ensure that necessary rule revisions are in place by then.

The objective is to allow the strategy across all equities, not just in a limited number of stocks, Financial Services Commission chairman Kim Byoung-hwan said on Thursday. While the country had previously said that the prohibition would be extended to March 30, there was uncertainty about whether the popular trading practice would resume afterward or be subject to another ban extension, and also if changes would apply to all stocks.

South Korea aims to end short-selling ban on all stocks in March

Chinese carmaker Chery Auto is ready to spend billions of euros to ensure its Omoda and Jaecoo brands are embraced by European customers within three years, the head of the two brands for the Italian market told Reuters.

China's Chery plans investment drive to build Omoda, Jaecoo brands in Europe

(Sept 11): TD Bank was ordered by a U.S. regulator on Wednesday to pay nearly $28 million for repeatedly sharing inaccurate, negative information about its customers with credit reporting agencies, potentially tarnishing customers' credit scores.

The Consumer Financial Protection B...

TD Bank ordered to pay $28 mln by US CFPB for misreporting consumer credit data

Concorde Hotel Kuala Lumpur "is not for sale" by its owners and shareholders, said Tan Sri Sallehuddin Mohamed, chairman of its owner Ampang Hotel Sdn Bhd.

In a statement, Sallehuddin said the shareholders "are satisfied with our progress and the direction we are taking" for the hotel.

Concorde Hotel KL not for sale, says owner

Southeast Asian equities have cemented their position as a favourite play of money managers positioning for the US Federal Reserve’s (Fed) policy pivot.

Four of the five best-performing Asian equity benchmarks this month are from the region, with Thailand leading the pack. The buying frenzy has put foreign inflows on track for a fifth consecutive week while the MSCI Asean Index is now trading near its highest level since April 2022.

Global funds rush into Malaysian, Southeast Asian stocks as Fed pivot play

A former aide to Prime Minister Datuk Seri Anwar Ibrahim was charged with drug trafficking at the Magistrate's Court in Kuala Lumpur on Thursday.

Muhammed Yusoff Rawther, who has an ongoing sexual assault suit against Anwar, was charged with one count of trafficking 305 grammes of cannabis at the Kuala Lumpur Police Contingent Headquarters' surau last Friday.

Anwar's former aide, who is suing PM for sexual assault, charged with drug trafficking

Sales of Mazda and Kia vehicles are expected to pick up in the months ahead as analysts shrugged off Bermaz Auto Bhd’s (KL:BAUTO) weaker-than-expected quarter.

Volume-heavy Mazda cars, 10% dividend yield set to prop up Bermaz Auto after weak quarter

China is turning up the heat on its army of 8,700 investment bankers.&nbsp;

After being forced to take big&nbsp;pay cuts&nbsp;and adhere to other belt-tightening measures under President Xi Jinping’s years-long common prosperity campaign, the country’s dealmakers are now in the crosshairs of the nation’s top graft buster.&nbsp;

China detains investment bankers, takes passports in corruption sweep

Any decision&nbsp;on the proposal to make&nbsp;halal certification mandatory for all restaurants and food operators is under the jurisdiction of the Conference of Rulers, according to Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

He said the&nbsp;issue should not be turned into polemics, as it is still in the proposal phase and had yet to become&nbsp;a permanent policy.

Conference of Rulers to have final say on mandatory halal certification, says Zahid

Maybank Investment Bank (Maybank IB) advised investors to refocus on property stocks with solid fundamentals and proven execution capabilities amid enthusiasm around the Johor-Singapore Special Economic Zone (JS-SEZ).

Refocus on property stocks with strong fundamentals amid Johor-Singapore SEZ excitement — Maybank IB

In the second quarter of 2024 (2Q2024), Malaysia's retail sales decelerated to 0.6%, falling short of market expectations, according to Retail Group Malaysia (RGM).

In June, members of the Malaysia Retailers Association (MRA) and Malaysia Retail Chain Association (MRCA) projected a growth rate of 1.7%, making the actual result 65% below the estimate.

Malaysian retailers point to 2Q growth slowdown amid rising prices, weak sentiment

The Federal Territory of Kuala Lumpur Land Registrar has been granted a stay by the High Court on Thursday from registering a 263.27-acre plot of land in the ‘Duta enclave’ to the liquidator of Semantan Estate (1952) Sdn Bhd.

High Court grants stay over registration of Semantan Estate

A rally in the world’s largest technology companies spurred a stock-market rebound in a volatile session that had Wall Street traders digesting faster-than-anticipated inflation data.

Stocks wipe out CPI-fuelled slide as Big Tech jumps

Selection of the technology provider for the Kuala Lumpur-Singapore high-speed rail (HSR) is still open, said MyHSR Corporation Sdn Bhd chief executive officer Datuk Mohd Nur Ismal Mohamed Kamal.

Selection still open for KL-Singapore high-speed rail technology provider — MyHSR CEO

Share markets enjoyed a fourth straight day of gains on Thursday as the prospect of another ECB rate cut pinned shorter-term euro zone borrowing costs near to their lowest level since the end of 2022, and the euro to a four-month nadir.

First-half earnings in Asia showed how the ripple effects of the Red Sea crisis will continue to be costly for companies that make goods for export, while those that transport their wares benefit from higher freight rates.

Red Sea crisis produces winners and losers in Asia as freight rates spike

Chinese hotpot chain Haidilao said it will focus on expanding further into established foreign markets in the coming years, notably the US, working to draw new customers as diners at home pull back on spending.&nbsp;

Chinese hotpot chain plans US expansion to escape slump at home

SUBANG (Sept 12): SIA Engineering Co Ltd (SIAEC), the maintenance, repair and overhaul (MRO) arm of Singapore Airlines Ltd, said less than 10% of its new hires in the country came from Malaysia Airlines’ engineering arm.

Less than 10% of Malaysia Airlines’ technical staff joined us, says SIA’s engineering unit over poaching its staff

KUALA LUMPUR (Sept 12): BIMB Securities has maintained its “underweight” call on the rubber glove sector, citing challenges from strict European Union Deforestation Regulation (EUDR) and persistent overcapacity in the industry.

BIMB Securities flags challenges in rubber glove sector amid EU deforestation rules

China has strongly advised its carmakers to make sure advanced electric vehicle (EV) technology stays in the country, people familiar with the matter said, even as they build factories around the world to escape punitive tariffs on Chinese exports.

Chinese carmakers advised to keep key EV technology at home — Bloomberg

IOI Properties Group Bhd (KL:IOIPG) is going to launch its IOI Industrial Park at Banting, Selangor by the second quarter of next year and is planning another one in Melaka that is expected to be launched two quarters later.

IOI Properties plans more industrial parks as it eyes 20% revenue contribution from the segment

WTEC Group Bhd, a foam and fabric products maker, filed for an initial public offering (IPO) on the ACE Market to raise funds for acquisition of a new, larger factory in Selangor.

Foam products maker WTEC Group files for IPO on ACE Market

Grand Venture Technology (GVT) has confirmed that it is in discussions for a potential secondary listing of its shares on the Main Market of Bursa Malaysia.

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