<div class=newsTextDataWrapInner>KUALA LUMPUR (Feb 1): Bank Negara Malaysia has awarded Prudential Assurance Malaysia Bhd (PAMB) The Best Financial Education and Awareness Award for its efforts in developing financial education programmes for Malaysian children.</div>

<div class=newsTextDataWrapInner>The award was presented during Bank Negara’s recent Karnival Kewangan 2017, a carnival aimed to inform and educate the public on financial matters.</div>

<div class=newsTextDataWrapInner>PAMB was recognised for its efforts in developing flagship financial education programmes such as Karnival Cha-Ching, Cha-Ching Live in Malaysia and Duit Right which are designed to promote good financial habits to young children.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>The programmes focus on four key concepts — earn, save, spend and donate — which the children learn through interactive activities that are catered to their respective age groups.</div>

KUALA LUMPUR (Feb 1): Bank Negara Malaysia has awarded Prudential Assurance Malaysia Bhd (PAMB) The Best Financial Education and Awareness Award for its efforts in developing financial education programmes for Malaysian children.

The award was presented during Bank Negara’s recent Karni...

Prudential bags ‘Best Financial Education and Awareness Award’ from Bank Negara

Former US president Donald Trump vowed to convince foreign companies to shift their operations to the US using tax incentives as well as the threat of tariffs in an economic address aimed at addressing voter anxieties over jobs and wages.

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Chinese stocks surged on Wednesday, lifting regional markets and helping extend a stimulus-fuelled global rally that also underpinned risk-sensitive currencies, while Brent crude hovered near a three-week high.

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(Sep 25): Moody’s Ratings cut Alaska Air Group Inc.’s credit grade to junk status after the company said it plans to issue secured debt to refinance borrowings from its acquisition of Hawaiian Holdings Inc., according to a statement on Tuesday.

The credit grader lowered the airline...

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More light is expected to be shed on the subsidy rationalisation of RON95 petrol, and whether the government is looking to reintroduce the goods and services tax (GST) in Budget 2025, said RHB Investment Bank Bhd (RHB IB).

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(Sep 25): Prospect Capital Corp., an $8 billion publicly-traded private credit fund, had the outlook on its Baa3 credit grade cut to negative by Moody’s Ratings, the second such revision by a ratings firm in as many weeks.

Prospect is now on the cusp of junk at three out of the five fir...

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Boeing Co backed down from a Friday night deadline for striking workers to approve its latest contract offer after union leaders refused to schedule a vote.

The planemaker infuriated labour officials by taking its proposal to hike wages by 30% directly to workers on Monday, bypassing traditional negotiating sessions. The sparring has injected new tension into the talks at a time when the cash-strapped planemaker can’t afford a long, drawn-out strike.

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On Sept 16, Intel CEO Pat Gelsinger wrote to his staff on how to meet the headwinds facing Intel, including specific comments on Intel Malaysia operations. The key moves involved: (a) spinning off its foundry business which incurred losses of US$2.8 billion (RM11.8 billion) in the second quarter ...

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SRC International Sdn Bhd's former chief executive officer Nik Faisal Ariff Kamil was not the go-between for the company and Datuk Seri Najib Razak, the former prime minister told the court.

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On the morning of July 13, 2022, nothing seemed certain about Sri Lanka.

Just two months prior, the country had declared bankruptcy and defaulted on more than US$50 billion of sovereign debt. Its self-styled ‘patriotic’ president had just fled the country, cowering in the back of a cargo plane. For several days, it was not clear who was running Sri Lanka.

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Financial services firm Clear Street is looking to join the London Metal Exchange’s (LME) open-outcry trading floor, in a move that would bolster prospects for the iconic “Ring” after a decline in volumes and a slew of departures in recent years.

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With Singapore on track for its worst year for new stock listings in a quarter-century, some of the city state’s companies are looking to possibly sell shares in Malaysia’s booming market.

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China’s central bank lowered the interest rate charged on its one-year policy loans&nbsp;while net withdrawing liquidity via the lending facility, as the monetary authority shifts towards a short-term tool in an overhaul of its policy framework.

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US stocks held onto gains buoyed by a jump in Nvidia Corp’s shares as traders largely shrugged off a grim consumer confidence reading.

The S&amp;P 500 Index edged up 0.3% — ending the day with its 41st record close this year — the blue-chip Dow Jones Industrial average also notched a record with a 0.2% gain while the tech-heavy Nasdaq 100 rose 0.5%.

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US rate cuts are closely watched because monetary easing by the world’s largest economy has financial repercussions worldwide. While conventional wisdom is that lower interest rates stimulate economic activity, which tends to benefit the stock market, it may not be that clear cut.

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Hong Leong Investment Bank (HLIB) upgraded UWC Bhd (KL:UWC) from 'hold' to 'buy', while maintaining its target price (TP) at RM2.76, citing that "the worst is over" for the semiconductor firm.

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Singapore’s Attorney General’s Chambers (AGC) will “take a decision” on property tycoon Datuk Ong Beng Seng “soon”, after former transport minister S&nbsp;Iswaran pleaded guilty to bribery and obstruction of justice charges on Tuesday,&nbsp;The Business Times&nbsp;reported.

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Shares of MyNews Holdings Bhd (KL:MYNEWS) rose to their highest in two months on Wednesday, after the retail convenience store chain operator reported better-than-expected quarterly results.

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US fiscal health is expected to deteriorate further as political polarisation makes it hard for any new presidential administration to negotiate steps needed to reduce the national debt burden, according to ratings agency Moody's.

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SRC International Sdn Bhd's former chief executive officer Nik Faisal Ariff Kamil was not the go-between for the company and Datuk Seri Najib Razak, the former prime minister&nbsp;told the court.

China-related shares are poised for further gains following a rally sparked by support measures from Beijing, while US stocks set fresh highs as investors prepare for further rate cuts.

Equity futures point to Hong Kong’s benchmark gaining 3.6% and China’s jumping 4.6%, while the Golden Dragon index of US-listed Chinese companies rallied 9.1% in New York trading on Tuesday.

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Analysts have maintained their positive stance on&nbsp;Scientex&nbsp;Bhd&nbsp;(KL:SCIENTX) after the group's core earnings came mostly within expectations for the financial year ended July 31, 2024 (FY2024).&nbsp;

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As Malaysia prepares for its future economic landscape, ensuring the development of a future-ready talent pipeline is essential. The country's focus on sectors like semiconductors, digital technology, and manufacturing demonstrates the need for a workforce equipped with both technical and soft skills. The challenge lies in aligning Malaysia’s workforce capabilities with industry requirements, while also addressing talent retention, underemployment, and job mismatches.

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OpenAI has pitched the Biden administration on the need for massive data centres that could each use as much power as entire cities, framing the unprecedented expansion as necessary to develop more advanced artificial intelligence (AI) models and compete with China.&nbsp;

OpenAI pitches White House on unprecedented data centre buildout

Warren Buffett’s Berkshire Hathaway Inc&nbsp;sold an additional US$863 million (RM3.56 billion) of Bank of America Corp stock, trimming the conglomerate’s stake closer to a 10% regulatory threshold.

Buffett whittles Bank of America stake to 10.5% with US$863m disposal

More light is expected to be shed on the subsidy rationalisation of RON95 petrol, and whether the government is looking to reintroduce the goods and services tax (GST) in Budget 2025, said RHB Investment Bank Bhd (RHB IB).

Hong Kong is planning to lower the amount of tax it levies on spirits, according to people familiar with the matter, as the Asian financial centre seeks to regain its edge as a premier destination for nightlife, dining and shopping.

Hong Kong planning to cut tax on spirits in bid to revive nightlife — Bloomberg

European Central Bank (ECB) Governing Council member Klaas Knot said he expects gradual interest-rate cuts “in the near future” and in the first half of next year.

“I don’t expect interest rates to return to the extremely low levels we saw before the pandemic,” Knot said on Tuesday on Dutch television programme Nieuwsuur on NPO2.

ECB’s Knot sees gradual rate cuts through first half of 2025

Chinese stocks surged on Wednesday, lifting regional&nbsp;markets&nbsp;and helping extend a&nbsp;stimulus-fuelled&nbsp;global&nbsp;rally that also underpinned risk-sensitive currencies, while Brent crude hovered near a three-week high.

（吉隆坡25日讯）丰隆投资银行将UWC Bhd（KL:UWC）的评级从“守住”上修至“买入”，并将目标价维持在2.76令吉，称这家半导体公司“最糟糕的时期已经过去”。