<div class=newsTextDataWrapInner><p>Datuk Seri Fadillah Yusof stays as works minister</p></div>

<div class=newsTextDataWrapInner><p><em>For the full story, click <a href="https://www.theedgemarkets.com/article/ismail-sabri-announces-new-cabinet-azmin-ali-tengku-zafrul-keep-respective-portfolios" target="_blank">here</a>.</em></p></div>
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Datuk Seri Fadillah Yusof stays as works minister

The chairman of a US congressional committee on China is calling on Bank of America Corp and JPMorgan Chase & Co to withdraw from working on the Hong Kong first-time share sale of battery maker Contemporary Amperex Technology Co Ltd, which could be the year’s biggest listing.

House China committee urges US banks to drop CATL listing roles

The US Justice Department said Thursday it may review a potential sale of 23andMe users’ genetic data for potential national security risks, an action that the company had previously anticipated and said it was prepared to accept.

US says 23andMe deal could prompt national security review

The Trump administration took steps to impose levies on Chinese vessels docking at US ports, threatening to shake up global shipping routes and escalate the trade war between the world’s two biggest economies.

Trump moves to levy Chinese vessels in widening trade war

Malaysian Prime Minister Datuk Seri Anwar Ibrahim on Thursday met Senior General Min Aung Hlaing, Chairman of Myanmar's State Administration Council, in Bangkok to discuss efforts to restore normalcy in the country following the devastating earthquake on March 28.

Anwar holds talks with Myanmar leader on earthquake relief efforts

Japan’s consumer inflation picked up last month, bolstered in part by surging rice prices, supporting the central bank’s stance on a gradual rate hike path before US tariff measures clouded the economic outlook.

Japan’s inflation quickens as rice prices gain most in 50 years

Shares of Chagee Holdings Ltd jumped 16% in their debut session after the Chinese tea chain raised US$411 million (RM1.81 billion) in its US initial public offering (IPO), defying a market besieged by trade-war volatility.

Chinese tea chain’s US shares rise 43% as IPO defies volatility

President Donald Trump said he was reluctant to continue ratcheting up tariffs on China because it could stall trade between the two countries, and insisted Beijing had repeatedly reached out in a bid to broker a deal.

Trump says he is reluctant to keep raising tariffs on China

NEWS: Malaysia Aviation Group posts second straight annual profit

MORNING CALL: 18/4/25

New applications for unemployment benefits filed by federal employees increased for a second week, hovering near levels seen in January before the Trump administration started to fire workers across agencies.

US jobless claims by federal employees ticked up last week

<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday.</p>


HexTech, Chin Hin, Fiamma, Mudajaya, Perak Transit, Meta Bright, NEXG, Ancom Nylex, MN Holdings, Sunsuria, T7

<p>President Donald Trump said he was reluctant to continue ratcheting up tariffs on China because it could stall trade between the two countries, and insisted Beijing had repeatedly reached out in a bid to broker a deal.</p>


<p>InvestSarawak and China Energy Engineering Investment Corporation Ltd (CEEIC) on Thursday signed a memorandum of understanding (MOU) to jointly develop large-scale renewable energy generation and infrastructure projects in Sarawak, with a potential investment value of US$1.35 billion (RM6 billion).</p>


InvestSarawak, China Energy Engineering ink MOU for RM6 bil renewable energy projects

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<p>Read more i...

At the current price, is gold still a good hedge against Trump’s madness?

<p>A rebound in US stocks evaporated this week after Chair Jerome Powell pushed back on the idea of the Federal Reserve stepping in to bolster markets, rankling President Donald Trump who touted a smattering of deals Thursday.&nbsp;</p>

<p>The S&amp;P 500 slumped 1.5% over the four-day span, briefly trimming losses after Trump said there would be a trade deal with the European Union, without giving details or a timeline on when an agreement would be reached</p>


US stock rebound fizzles as Trump goes on offensive

<p>KUALA LUMPUR (April 17): <em>Sin Chew Daily</em>'s editor-in-chief and deputy chief sub-editor were released on police bail on Thursday night after being detained for nearly five hours.</p>

<p>According to the Chinese-language newspaper, its editor-in-chief Chan Aun Kuang and deputy chief sub-...

Sin Chew editors released on bail after nearly five-hour detention

<p>The High Court here on Thursday ruled that it has jurisdiction to hear the lawsuit filed by the sons of the late Tun Abdul Taib Mahmud, Sarawak’s seventh governor, against their stepmother, Toh Puan Raghad Kurdi Taib.</p>


High Court rules it has jurisdiction to hear lawsuit against Taib's wife Raghad 

<p>Malaysia, as the Asean chair for 2025, is committed to enhancing connectivity and regional cooperation among Asean member states, said Prime Minister Datuk Seri Anwar Ibrahim.</p>

<p>Anwar emphasised Malaysia's dedication to attracting sustainable investments that deliver positive spill-over effects for the national economy.</p>


Anwar highlights investment opportunities in Malaysia to Thai business leaders

<p>Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions of the IMF's economic forecasts but no global recession is expected, IMF managing director Kristalina Georgieva said on Thursday.</p>


IMF expects 'notable markdowns' in growth forecasts, but no global recession

<p>UnitedHealth Group Inc cut its annual forecast and reported its first earnings miss in more than a decade, in a foreboding sign that sent shares across the insurance industry tumbling.</p>

<p>The company said it was blindsided by rising medical costs as the first quarter closed, upending a forecast it had affirmed just three months ago.&nbsp;</p>


UnitedHealth falls most in 25 years after shock forecast cut

<p>Barisan Nasional (BN) candidate Dr Mohamad Yusri Bakir has been urged to complete his campaign rounds at all 20 polling districts (PDM) in Ayer Kuning within the first week to ensure smooth groundwork in defending the state seat.</p>


Ayer Kuning polls: BN candidate told to cover all 20 polling districts in first week

<p>Shares of Chagee Holdings Ltd jumped 16% in their debut session after the Chinese tea chain raised US$411 million (RM1.81 billion) in its US initial public offering (IPO), defying a market besieged by trade-war volatility.</p>


<p>New applications for unemployment benefits filed by federal employees increased for a second week, hovering near levels seen in January before the Trump administration started to fire workers across agencies.</p>


<p>Alphabet's Google illegally dominated two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for US antitrust prosecutors to seek a breakup of its advertising products.</p>


Google holds illegal monopolies in ad tech, judge finds, allowing US to seek breakup

<p>The Trump administration took steps to impose levies on Chinese vessels docking at US ports, threatening to shake up global shipping routes and escalate the trade war between the world’s two biggest economies.</p>


<p>The Pakistani government will seek expressions of interest next week for the sale of Pakistan International Airlines, the privatisation ministry said on Thursday, days after it reported its first annual profit in over two decades.</p>


Pakistan seeking bids to sell national airline next week

<p>Vietnamese budget airline VietJet owes a leasing firm just over US$180 million (RM794.8 million) in a dispute over four planes, London's High Court ruled on Thursday.</p>


Vietnam's VietJet owes investment fund over US$180m, UK court rules

<p>The Housing and Local Government Ministry (KPKT) will host four more key Asean meetings this year, further underscoring Malaysia’s regional leadership.</p>


Housing and Local Government Ministry to host four more key Asean meetings this year — Nga

<p>The US Federal Reserve is solidifying plans to overhaul its stress tests of big banks, presenting a proposal for public comment that would average the results over two years.&nbsp;</p>

<p>The Fed said in a statement Thursday that it intends to delay the effective date of the annual stress-capital buffer requirement from Oct. 1 to Jan. 1 of the next year, giving banks more time to adjust to the new capital requirements.</p>


Fed unveils plan to overhaul stress tests for big US banks

<p>Japan’s consumer inflation picked up last month, bolstered in part by surging rice prices, supporting the central bank’s stance on a gradual rate hike path before US tariff measures clouded the economic outlook.</p>
