<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 21): Netflix is revising the pricing of its Basic Plan from RM35 per month to RM28 per month in Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>In a statement on Tuesday (Feb 21), the over-the-top subscription video on-demand service provider said its goal is to offer a wide variety of quality shows and films, curated for subscribers.</p></div>

<div class=newsTextDataWrapInner><p>It said new members who sign up will see the new price for the Basic Plan with immediate effect, starting Tuesday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Netflix said this update will roll out to existing members over the coming weeks from their next billing cycle.</p></div>

<div class=newsTextDataWrapInner><p>It said existing members will be notified by email and the exact timing will depend on the specific member’s billing cycle.</p></div>


KUALA LUMPUR (Feb 21): Netflix is revising the pricing of its Basic Plan from RM35 per month to RM28 per month in Malaysia.

Netflix lowers pricing of its Basic Plan to RM28 per month in Malaysia

(Nov 23): UK retail sales declined more than expected in October, as uncertainty over Chancellor of the Exchequer Rachel Reeves first budget prompted consumers to hold back spending.

The volume of goods sold in stores and online fell 0.7% month on month, the Office for National Sta...

UK retail sales fell more than expected amid budget anxiety

NEW YORK (Nov 22): The banks most reluctant to tap the U.S. central bank's discount window to shore up their capital are in fact those who face the highest failure risk, according to new research from the New York Federal Reserve that turns the notion of bank emergency borrowing stigma on it...

New York Fed paper challenges notion of discount window stigma

ORLANDO, Florida (Nov 22): A record-high $7 trillion of cash is currently sitting "on the sidelines" in money market funds (MMFs). Anyone hoping to see a significant chunk of this flooding the wider investment field in the coming months may be disappointed.

Many strategists assume ...

America's $7 trillion cash stash isn't going anywhere

Cboe Global Markets Inc. said it is set to list the first cash-settled index options related to the spot price of Bitcoin, marking the latest addition of cryptocurrency-related securities to traditional exchanges.

Cboe to launch cash-settled Bitcoin ETF options as crypto booms

French defence and technology firm Thales said on Friday it was denying unspecified allegations after Britain's Serious Fraud Office (SFO) announced a joint investigation with French authorities into suspected bribery and corruption.

Thales denies wrongdoing as Anglo-French bribery probe hits shares

As the Association of South East Asian Nations (Asean) chair for 2025, Malaysia has a key role in strengthening the Asean community and tackling complex regional challenges, Foreign Minister Datuk Seri Mohamad Hasan said.

Malaysia to strengthen Asean community, tackle regional challenges as Asean chair 2025 — Mohamad

A weekly round-up of tanker and dry bulk market (Nov 22, 2024)

Baltic Exchange shipping updates: Nov 22, 2024

Here is a brief recap of some corporate announcements that made the news on Friday.

Allianz Malaysia, Bumi Armada, Bintulu Port, D&O, Sarawak Plantation, Favelle Favco, CSC Steel, BM Greentech, SkyWorld, Lagenda Properties, Solarvest, SMI, Icon Offshore, Top Glove, MNRB, Chin Hin Group Property

The S&P 500 and the Dow touched over one-week highs on Friday after data showed a still robust economy, while small-cap stocks outperfomed large-cap indexes.

The S&P flash PMI showed manufacturing activity stood at 48.8 in November, in line with estimates from a Reuters poll of economists.

S&P 500, Dow touch over one-week highs after business activity data

Vizione Holdings Bhd (KL:VIZIONE) said its unit has served a notice to Inspirasi Langkawi Sdn Bhd to terminate its employment as main contractor for the development of a 14-storey hotel in Langkawi, claiming it had not been properly paid for its works so far.

Vizione quits RM116 mil hotel construction job over alleged unpaid works

<p>Top Glove Corp Bhd (KL:TOPGLOV) has entered into a joint venture (JV) with US glove importer Tronex (Asia) Ltd, and Polywel International Trade Co Ltd for the production and distribution of high-density polyethylene (HDPE) gloves.</p>


Top Glove in JV for high density polyethylene glove biz

<p>Sunway Bhd (KL:SUNWAY) became the best performing constituent member of the FBM KLCI index year to date after its share price breached the RM5 mark on Friday, ahead of its third-quarter (3Q) earnings announcement expected next week. &nbsp;</p>


Sunway is best FBM KLCI constituent YTD after shares shoot past RM5

<p>Solarvest Holdings Bhd (KL:SLVEST)’s wholly owned subsidiary Atlantic Blue Sdn Bhd has been awarded a RM142 million engineering, procurement, construction and commissioning (EPCC) contract from SM01 Sdn Bhd, a special purpose vehicle (SPV) in which the group owns a 33% stake.</p>


Solarvest bags RM142 mil EPCC job for 30MWac solar plant in Kedah

<p>Vizione Holdings Bhd (KL:VIZIONE) said its unit has served a notice to Inspirasi Langkawi Sdn Bhd to terminate its employment as main contractor for the development of a 14-storey hotel in Langkawi, claiming it had not been properly paid for its works so far.</p>


<p>Malaysia’s Anti-Corruption Commission (MACC) said on Friday it will continue to investigate the late Tun Daim Zainuddin, his wife and other family members.</p>


MACC says will continue to investigate late Daim, wife, family members

<p>Buyout firm Affinity Equity Partners is in talks to acquire Malaysian seafood supplier Golden Fresh Sdn Bhd, according to people familiar with the matter.</p>


Affinity is said to be in talks to buy Malaysian seafood supplier Golden Fresh, Bloomberg reports

<p>The largest shareholder of South Malaysia Industries Bhd (KL:SMI) has called for an upcoming extraordinary general meeting (EGM) scheduled for Jan 9, 2025, to appoint six new directors to the company’s board, including former Perak police chief Datuk Pahlawan Mior Faridalathrash Wahid.</p>


SMI's largest shareholder calls for EGM to appoint six new directors including ex-Perak police chief

<p>KUALA LUMPUR (Nov 22): Chin Hin Group Property Bhd (KL:CHGP)&nbsp;has established a RM500 million perpetual notes programme.&nbsp;</p>


Chin Hin Group Property establishes RM500m perpetual notes programme

<p>Global investment conglomerate Bin Zayed International Group of Companies (BZI) has committed to investing US$2 billion (RM8.93 billion) in Malaysia over the next five years.&nbsp;</p>

<p>Bin Zayed International (M) Bhd managing director Datuk Seri Dr Shamir Kumar Nandy said as part of its strategic expansion plan, the group would tap into real estate, renewable energy and financial services to attract investments into the country.</p>


Bin Zayed International commits US$2 bil investment in Malaysia over next five years

<p>Sarawak Plantation Bhd (KL:SWKPLT) has announced a second interim dividend of 15 sen per share, as its latest third quarter net profit rose 14.6%, despite lower revenue, thanks largely to a higher fair value gain on its biological assets.</p>


Sarawak Plantation pays bumper 15 sen dividend as 3Q profit hits record

<p>Here is a brief recap of some corporate announcements that made the news on Friday.</p>


<p>India will offer up to US$5 billion (RM22.4 billion) in incentives to local electronics companies to make components for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.</p>


India to offer up to US$5b in incentives to local electronics firms, wean off China

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<p>KUALA LUMPUR (Nov 22): Asean transport ministers adopted a framework agreement on Friday that allows the region’s airlines to operate flights with stopovers in the member countries.</p>


Loke: Asean approves stopover rights to boost regional air connectivity

<p>A summary of how key Bursa Malaysia indices and the ringgit performed on Friday.</p>


FBM KLCI up 0.07% to 1,589.78 on Nov 22, 2024

<p>The government successfully saved almost RM1 million in the flight cost for the official delegation led by Prime Minister Datuk Seri Anwar Ibrahim to five countries recently, said Communications Minister Fahmi Fadzil.</p>


Fahmi: Govt saves nearly RM1 mil in Anwar's flight cost for visits to five countries

<p>Mitsubishi UFJ Financial Group Inc said it has fired an employee who allegedly stole as much as ¥2 billion (US$13 million or RM58.2 million) from the safe deposit boxes of approximately 60 customers.</p>


MUFG fires worker for US$13m theft from clients’ safe boxes

<p>Former German chancellor Angela Merkel has called the influence of tech billionaires such as Elon Musk over US President-elect Donald Trump a "huge concern".</p>


Germany's Merkel laments influence of big business on Trump

<p>A selloff in Chinese stocks deepened on Friday afternoon, as disappointing tech earnings hurt sentiment already weakened by concerns over Donald Trump’s imminent return.<br />
&nbsp;&nbsp;<br />
The mainland benchmark CSI 300 Index slumped 3.1%, the most since Oct 9. The Hang Seng China Enterprises Index of Chinese stocks traded in Hong Kong lost 2.1%, capping a second straight week of losses.</p>


Chinese stocks slump on tech earnings, geopolitical tensions

<p>MNRB Holdings Bhd (KL:MNRB), in which the Amanah Saham Bumiputera (ASB) holds a 41.88% stake, has appointed Datuk Rudy @ Rodzila Che Lamin as interim president and group chief executive officer (CEO) of the company, effective Friday.</p>
