Australian Prime Minister Anthony Albanese on Friday (June 2) called for greater engagement between the US and China, saying a breakdown in dialogue between the superpowers could have devastating consequences for the world.

Australia PM says breakdown in US-China relations would be devastating

Prime Minister Datuk Seri Anwar Ibrahim on Friday (June 2) called on PAS president Tan Sri Abdul Hadi Awang to stop resorting to outdated and rigid narratives to attack the unity government.

Anwar to Hadi: Stop your outdated, rigid narratives against unity govt

UBS chief executive Sergio Ermotti on Friday (June 2) warned of painful decisions about job cuts following the takeover of Credit Suisse, which he said he hoped would be formalised in coming days.

UBS CEO warns of painful jobs decisions after Credit Suisse takeover

Two of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand as the industry looks to hedge against a deteriorating outlook in Macau.

Galaxy, MGM said to be exploring opening casinos in Thailand

The Employees Provident Fund (EPF) has decided to vote against MR DIY Group (M) Bhd’s proposed renewal of authority for the company to purchase its own shares in its annual general meeting (AGM) on June 8.

EPF opts to reject MR DIY’s share buy-back resolution 

(June 2): Netflix Inc shareholders voted to reject pay packages for the company’s leadership, including co-chief executive officers Ted Sarandos and Greg Peters, a non-binding protest against lavish pay for top media executives.

Sarandos is supposed to make as much as US$40 million (RM1...

Netflix shareholders reject pay packages for top executives

Hydroshoppe Sdn Bhd director Datuk Abdul Hamid Shaikh Abdul has applied to strike out a corruption charge filed against him two months ago.

He was charged on April 5 with offering a bribe of RM500,000 a year for 15 years for the benefit of Tan Sri Annuar Musa in connection with the takeover of the KL Tower concession.

Company director applies to strike out corruption charge in connection with takeover of KL Tower

The Real Estate and Housing Developers’ Association Malaysia (Rehda) reiterated it wants the government to build affordable housing, as the private sector is unable to do so without pushing up prices of open market units under current requirements.

Rehda reiterates call for govt to take over role of affordable housing developer from private sector

The Ministry of Investment, Trade and Industry (Miti) successfully secured a total of RM23.07 billion in potential investments and RM2.1 billion in potential exports of products and services to Japan following the recently concluded Trade and Investment Mission (TIM) to Tokyo and Osaka.

Miti secures RM23b in potential investments from, RM2.1b in potential exports to Japan

KUALA LUMPUR (June 2): India looks forward to working closely with Malaysia for its active participation in the implementation of India’s Indo-Pacific vision, the Indo-Pacific Oceans Initiative (IPOI).

India to work closely with Malaysia, Asean for more secure, stable Indo-Pacific region

Nato allies need to sign more contracts with defence companies to boost production given their ammunition stocks are running dry, the military bloc’s chief said, as he urged countries to spend at least 2% of gross domestic product (GDP) as soon as possible.

Nato chief urges allies to sign defence deals to boost output

Two of the largest US public pension systems have voted against the re-election of Toyota Motor Corp chairman Akio Toyoda, shareholder voting records showed, sharpening the focus on the automaker's annual meeting later this month.

California, New York pensions vote against Toyota chairman

IOI Properties Group Bhd has redesignated Lee Yeow Seng as its chief executive officer, effective from July 1.

Yeow Seng, who is currently the group's executive vice-chairman, replaces Datuk Voon Tin Yow, who will be retiring on the same day.

IOI Properties reappoints Lee Yeow Seng as CEO

LONDON (June 2): The United Kingdom (UK)’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), expected in a few months, will set the stage for a new phase in Malaysia-United Kingdom bilateral relations, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Fadilah: CPTPP a new phase in Malaysia-UK bilateral relations

Double cover: EPF dispels impression it’s a rich man’s club + MAHB on making KLIA great again

Halal certification by Jakim does not cover animal feed

Anwar hopes conglomerates will support development of the arts

Wall St rises after jobs data; debt default averted

Baltic Exchange shipping updates: June 2, 2023

US telecom stocks fall on report Amazon in talks for wireless services

Risk of US downgrade still on the cards despite debt deal

JPMorgan president says loan demand declining, US economic slowdown weighs

Fitch keeps US credit rating on negative watch despite debt limit deal

IOI Properties, Sime Darby Plantation, MAB, YTL Power, MR DIY, Southern Score Builders, SMTrack, Rex Industry, Bumi Armada, Yinson, Careplus, Citaglobal and Crest Builder

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