<div class=newsTextDataWrapInner>Ross Alan Pollack has been appointed independent director wef Sep 1 
Work experience: CEO, Celestial Pictures; senior VP, Distribution - Asia (H.K.), Sony Pictures Entertainment; MD, Buck Consultants, Hong Kong</div>
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Ross Alan Pollack has been appointed independent director wef Sep 1
Work experience: CEO, Celestial Pictures; senior VP, Distribution - Asia (H.K.), Sony Pictures Entertainment; MD, Buck Consultants, Hong Kong

Infinio Group - Corporate moves 

The government is focusing on the recovery of 1Malaysia Development Bhd (1MDB) assets, following the settlement agreement between the US Department of Justice (DOJ) and fugitive Low Taek Jho, also known as Jho Low, said Home Minister Datuk Seri Saifuddin Nasution Ismail.

Malaysia's priority is repatriation of 1MDB assets — home minister

Around 5,700 residents were relocated after waters breached a dike at China's second-largest freshwater lake in the south of the country, while rescue workers rushed to contain further damage from outflows, Chinese state media said on Saturday.

Residents relocated after dam breach at China's second-largest freshwater lake

The Ministry of Plantation and Commodities will collect data related to the costs involved from all players in the palm oil industry before any decision regarding the windfall profit levy (WPL) on palm oil in this country is sent to the Ministry of Finance (MOF).

Proposals related to palm oil windfall profit levy to be submitted to MOF before Budget 2025, says Johari Ghani

Polling for the Sungai Bakap state by-election kicked off at 8am on Saturday, and 38.3% of the 39,222 registered ordinary voters had come out to vote as of 1pm, according to the Election Commission (EC).

Sungai Bakap state by-election: 38.3% voter turnout as of 1pm

The government will conduct further review concerning the two foreign worker management systems alleged to have overlapping functions, as revealed by the Public Accounts Committee (PAC) on Wednesday.

Govt to review overlapping functions of foreign worker management systems after PAC findings

Premier Tan Sri Abang Johari Tun Openg has indicated that there will be an official signing ceremony for Sarawak to acquire a major stake in “a bank” — widely understood to be Affin Bank Bhd (KL:AFFIN) — on July 19.

Sarawak premier hints at formalising Affin Bank deal on July 19

The percentage of voter turnout among young people in the Sungai Bakap state election on Saturday morning was encouraging, said Election Commission (EC) chairman Datuk Seri Ramlan Harun.

Encouraging turnout of young voters for Sungai Bakap state by-election, says EC

The Ministry of Rural and Regional Development will resolve the RM286.30 million loss of Mara Incorporated Sdn Bhd (Mara Inc) highlighted in the Auditor General's Report and ensure it does not recur, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Zahid: Mara Inc to ensure no recurrence of loss as shown in AG's Report

Iran's president-elect, low-profile moderate Masoud Pezeshkian carries the hopes of millions of Iranians seeking less restrictions on social freedoms and a more pragmatic foreign policy.

Iran's Pezeshkian brings hopes of moderation after routing hard-line rival

Mikel Merino's header late in extra time sent Spain into the Euro 2024 semi-finals and eliminated hosts Germany after tight a 2-1 win on Friday.

Merino header breaks German hearts, sends Spain into Euro semis

Bank Negara Malaysia (BNM) clarified on Saturday recent commentaries related to the implementation of co-payment requirements for medical and health insurance and takaful (MHIT) products, saying it aims to promote sustainability and affordability.

Co-payment requirements for medical and health insurance and takaful products to promote sustainability, affordability — BNM

The Public Accounts Committee’s (PAC) inquiry into the affairs of the Human Resource&nbsp;Development Corporation (HRD Corp), particularly its investments and governance structure, has opened a can of worms.

Shenanigans at HRD Corp

Bursa Malaysia’s average daily trading value&nbsp;surged 59% to RM3.27 billion&nbsp;in the first half of the year (1H2024), from RM2.06 billion for the same corresponding period in 2023, showing that trading on the equity market is thriving.

Bursa's 1H average daily trading value up 59% to RM3.27b — CEO

Premier Tan Sri Abang Johari Tun Openg has indicated that there will be an official signing ceremony for Sarawak to acquire a major stake in “a bank” — widely understood to be Affin Bank Bhd (KL:AFFIN) — on July 19.

Global&nbsp;stocks rose while US&nbsp;Treasury yields dipped on Friday after highly anticipated jobs data boosted market expectations of a Federal Reserve (Fed) interest-rate cut.

World stocks rise, US yields dip amid jobs data, UK labour landslide

Nine polling centres with&nbsp;65 voting streams opened simultaneously at 8am on Saturday for the Sungai&nbsp;Bakap state by-election.

Sungai Bakap state by-election: Nine polling stations open at 8am

Lawmakers will debate the latest Auditor-General’s (AG) Report 2/2024 when parliament resumes session this week following a one-day break for Awal Muharram on Monday.

The Week Ahead: Attention on AG’s Report debate, Bank Negara’s monetary policy meeting and Johor Plantations’ IPO

An eight-day winning streak for Tesla Inc&nbsp;shares sent the world’s most valuable automaker into positive territory for the first time this year.

Tesla shares on track to turn positive for 2024 after US$200b rally

Equities in China and India are being touted as potential outperformers in Asia in the second half of the year (2H2024), as investors flock to emerging-market (EM) themes.

Chinese, Indian stocks favoured over Japan in Asia’s 2H

Much of the reporting last month about the “non-renewal” of a decades-old “petrodollar agreement” between Saudi Arabia and the United States was riddled with inaccuracies and half-truths. Some outlets even went so far as to allege that Saudi Arabia would “stop using the US dollar for oil sales.” ...

The Eclipse of the Petrodollar — The New Global Economy

The Ministry of Rural and Regional Development will resolve the RM286.30 million loss of Mara Incorporated Sdn Bhd (Mara Inc) highlighted in the Auditor General's Report and ensure it does not recur, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

The percentage of voter turnout among young people in the Sungai Bakap state election on Saturday morning was encouraging, said Election Commission (EC) chairman Datuk Seri Ramlan Harun.&nbsp;

Iran's president-elect, low-profile moderate Masoud Pezeshkian&nbsp;carries the hopes of millions of Iranians seeking less restrictions on social freedoms and a more pragmatic foreign policy.

Polling for the Sungai&nbsp;Bakap&nbsp;state by-election kicked off at 8am on Saturday, and 38.3% of the 39,222 registered ordinary voters had come out to vote as of 1pm, according to the Election Commission (EC).&nbsp;&nbsp;

Türkiye will soon unveil an agreement with BYD Co&nbsp;to construct a US$1 billion (RM4.71 billion) plant in the west of the country, Turkish officials said, boosting the Chinese carmaker’s presence in Europe at a time of escalating trade tensions.

China’s BYD to build US$1b EV plant in Türkiye, Bloomberg reports

The government will conduct further review concerning the two foreign worker management systems alleged to have overlapping functions, as revealed by the Public Accounts Committee (PAC) on Wednesday.

House Minority Leader Hakeem Jeffries on Friday night abruptly scheduled an unusual weekend meeting with top Democratic colleagues as party anxiety festers over whether Joe Biden should remain in the US presidential race.

Top House Democrat to hold weekend meeting amid Biden anxieties

Mikel Merino's header late in extra time sent Spain into the Euro 2024 semi-finals and eliminated hosts Germany after tight a 2-1 win on Friday.&nbsp;

New&nbsp;British Prime Minister Keir Starmer&nbsp;told Ukrainian President Volodymyr Zelenskiy that London would keep providing support for Kyiv in its war against Russia and the Ukrainian leader expressed gratitude for maintaining that stand.