Donald Trump’s lawyers told a judge that his New York hush money conviction must be dismissed as a result of his election victory, arguing that the president-elect was unfairly targeted by prosecutors.

Trump cites Biden pardon to get NY hush-money case tossed

The Biden administration told Congress it plans to cancel US$4.65 billion (RM20.8 billion) in debt owed by Ukraine, according to a letter obtained by Bloomberg News, the latest in a series of moves meant to bolster support for Kyiv before President-elect Donald Trump takes office.

Biden administration seeks to cancel US$4.6b of Ukraine’s debt

(Nov 10): Businessman Elon Musk, an ally of President-elect Donald Trump, endorsed Republican Senator Rick Scott for US Senate majority leader on Sunday, as Trump pushed candidates for the influential post to help him make changes quickly, after his party won control of the chamber.

Trump seeks fast appointments; Elon Musk makes endorsement for Senate leadership

(Nov 10): Donald Trump won Arizona, the final state to be called in the US presidential election, marking a clean sweep of all seven battleground states.

Trump wins Arizona in clean sweep of swing states in US election

WASHINGTON (Nov 9): USPresident-elect Donald Trump said on Saturday that former Republican presidential contender Nikki Haley and former secretary of state Mike Pompeo will not be asked to join his administration.

Trump says Haley, Pompeo will not join second administration

WASHINGTON (Nov 9): Republicans on Saturday were close to clinching control of the US House of Representatives, a critical element for President-elect Donald Trump to advance his agenda when he returns to the White House in January 2025.

Republicans on brink of clinching US House control after taking Senate

WASHINGTON/REHOBOTH BEACH, Delaware (Nov 9): US President Joe Biden and President-elect Donald Trump will meet on Wednesday (Nov 13) at the White House on Biden's invitation, a White House spokesperson said on Saturday.

Biden, Trump to meet at White House on Wednesday

WEST PALM BEACH, Florida (Nov 7): US President-elect Donald Trump on Thursday announced that Susie Wiles, one of his two campaign managers, will be his White House chief of staff, entrusting a top position to a political operative who helped the Republican win election.

Trump picks Susie Wiles as his White House chief of staff

WASHINGTON (Nov 7): Donald Trump's Republicans were projected to pick up another US Senate seat on Thursday, and appeared to be retaining their narrow hold on the House of Representatives, putting them on track to control both chambers of Congress next year.

Republicans widen Senate majority, on track to win House

(Nov 7): With Vice President Kamala Harris’ defeat in the US elections, Indian media are turning their attention to another woman of South Asian descent who’s gaining prominence in American politics.

Indians highlight Usha Vance’s South Asian roots after Kamala Harris loses US election

Donald Trump recaptured the White House with a sweeping victory on Wednesday as tens of millions of Americans looked past his criminal charges and divisive rhetoric to embrace a leader who, if he carries out his campaign promises, will test the limits of presidential power.

Trump win to test limit of presidential power; Harris concedes but vows 'fight'

Donald Trump was elected the 47th president of the United States, pulling off a stunning political comeback in one of the most polarised contests for the White House in US history.

Trump wins US presidential election in extraordinary comeback

Republicans won control of the US Senate amid a slew of victories by allies of Donald Trump, giving the GOP powerful leverage in high-stakes tax and spending battles next year.

GOP candidates defeated Banking chairman Sherrod Brown in Ohio, unseated Montana’s Jon Tester and picked up the open Senate seat in West Virginia.

Republicans win control of US Senate ahead of key tax fight

Mexico must manoeuvre carefully now that Donald Trump has secured his return to the US presidency, but Mexico's President Claudia Sheinbaum still has room to negotiate and soften the impact on trade, migration and security.

Trump's campaign rhetoric, including 200% tariffs on cars coming from Mexico, mass deportations, and US military action against drug cartels, puts Sheinbaum in a difficult position. An initial deterioration in the relationship between the two countries — and a blow to the Mexican peso — is likely.

Mexico to feel initial blow from Trump victory but has room to negotiate

Imprisoned former prime minister Datuk Seri Najib Razak said that he had "nothing to hide" regarding the controversial monies at the heart of his graft trial, and "meticulously recorded" his expenses to keep track of the funds.

1MDB-Tanore: Najib says he has 'nothing to hide', kept diligent documentation

Work will continue on the BRICS settlement system despite US President-elect Donald Trump's threat to impose 100% import duties on countries that try to undermine the dollar, the RIA news agency cited a senior Russian official as saying on Friday

Russia official says Trump's threat will not stop work on BRICS payment system, RIA reports

US President-elect Donald Trump said on Thursday he has chosen former Senator David Perdue to be ambassador to China, tapping a former politician with business experience to help steer relations riven by deep mistrust and trade tensions.

Trump picks former Senator David Perdue as ambassador to China

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

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

Analysts have raised the earnings forecast for Pavilion Real Estate Investment Trust (KL: PAVREIT) after acquiring two premier hotels namely Banyan Tree Hotel and Pavilion Hotel in Kuala Lumpur for a sum of RM480 million.

Analysts raise earnings forecast after PavReit adds two hotels to portfolio

Datuk Seri Najib Razak said the testimony of Datuk Shahrol Azral Ibrahim Halmi — in which the ex-chief executive officer of 1Malaysia Development Bhd (1MDB) claimed to have received and then deleted "talking points" or "action plans" from fugitive businessman Low Taek Jho (Jho Low) regarding 1MDB's acquisition of power plants funded by issuance of bonds guaranteed by the International Petroleum Investment Company (IPIC) — was made in an attempt to protect himself.

Najib: Shahrol deleted Jho Low's 1MDB action plans to protect himself, not me

(Dec 6): Former US Treasury Secretary Lawrence Summers dismissed the idea of the government setting up a reserve of Bitcoin assets, and cautioned about the political challenge ahead in scaling down federal spending in the way billionaire and President-elect Donald Trump ally Elon Musk plans....

Summers blasts US national Bitcoin reserve idea as ‘crazy’

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

(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

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

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

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

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

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

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

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

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 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

Datuk Seri Najib Razak said the testimony of Datuk Shahrol Azral Ibrahim Halmi — in which the&nbsp;ex-chief executive officer of 1Malaysia Development Bhd&nbsp;(1MDB) claimed to have received and then deleted "talking points" or "action plans" from fugitive businessman Low Taek Jho (Jho Low) regarding 1MDB's acquisition of power plants funded by issuance of bonds guaranteed by the International Petroleum Investment Company (IPIC)&nbsp;— was made in an attempt to protect himself.

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

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;

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

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

Imprisoned former prime minister Datuk Seri Najib Razak said that he had "nothing to hide"&nbsp;regarding the controversial monies at the heart of his graft trial, and "meticulously recorded" his expenses to keep track of the funds.

Analysts have raised the earnings forecast for Pavilion Real Estate Investment Trust (KL: PAVREIT) after acquiring two premier hotels namely Banyan Tree Hotel and Pavilion Hotel in Kuala Lumpur for a sum of RM480 million.

US President-elect Donald Trump said on Thursday he has chosen former Senator David Perdue to be ambassador to China, tapping a former politician with business experience to help steer relations riven by deep mistrust and trade tensions.

(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...

(Dec 6):&nbsp;Former US Treasury Secretary Lawrence Summers dismissed the idea of the government setting up a reserve of Bitcoin assets, and cautioned about the political challenge ahead in scaling down federal spending in the way billionaire and President-elect Donald Trump ally Elon Musk plans....

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US PRESIDENTIAL RACE

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