InvestKL secured RM2.79 billion worth of investments in 2022, an increase of 13% year-on-year. The performance was the best it had recorded since its inception in 2011. </div><div class=inPageAd id=div-gpt-ad-inpage>

NEWS: InvestKL reports best performance since inception

The Human Resource Development Corporation (HRD Corp) is still under investigation, according to Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki.

HRD Corp still under probe, clarifies MACC chief

South Korean President Yoon Suk Yeol has been banned from leaving the country over a failed attempt at imposing martial law, a justice ministry official said on Monday, amid growing calls for him to step down and a deepening leadership crisis.

South Korea President Yoon banned from foreign travel as leadership crisis deepens

Key allies of Emmanuel Macron are heaping pressure on the French president to name a new prime minister quickly, with time running short to pass a stopgap spending bill before the end of the year.

Macron faces mounting pressure to find new French prime minister

Bank Negara Malaysia (BNM) will hold a closed-door briefing for government and opposition Members of Parliament in Parliament on Tuesday to address concerns over the rising cost of medical insurance premiums.

BNM to brief MPs on medical insurance premium hike on Tuesday

The High Court here has cautioned defence lawyer Tan Sri Muhammad Shafee Abdullah from making comments about the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial to the media after the prosecution objected to a press conference Shafee had held on Monday afternoon.

High Court cautions Shafee over press conferences

China's exports likely grew in November, continuing an upbeat trend as Chinese exporters likely frontloaded shipments amid growing tariff risks from the incoming US administration.

China's November exports likely grew 8.5% 

A company was fined RM75,000 by the Sessions Court on Monday after it admitted to building a solid waste recycling plant in July without obtaining the required Environmental Impact Assessment (EIA) approval from the Department of Environment (DOE).

Judge Azman Abu Hassan delivered the decision against Grey Matter Plastic Industries Sn Bhd manager, Mohd Hasrul Hafiz Roslan, who represented the company.

Company fined RM75,000 for building solid waste recycling plant without DOE approval

Donald Trump said he had an exchange with Chinese leader Xi Jinping in recent days, the first clear indication of direct contact between the two men since the former US president’s re-election in November.

Trump says for first time he communicated with Xi after election

The Malaysian Meteorological Department (MetMalaysia) has issued severe and alert-level heavy rain warnings for seven states, including those on the east coast, which are expected to last until Wednesday (Dec 11).

MetMalaysia's warning, issued at 9am Monday, indicated that continuous heavy rainfall at a severe level is anticipated to affect five districts in Pahang — Kuantan, Pekan, Jerantut, Maran, and Rompin — as well as the districts of Kemaman and Dungun in Terengganu.

MetMalaysia: Severe, alert-level rain warnings for seven states until Dec 11

Philippine tycoon Dennis Uy is looking to partner with a construction company backed by a firm linked to the family of President Ferdinand Marcos Jr’s cousin to finish the businessman’s stalled casino project.

Duterte ally to revive casino with builder backed by Marcos' kin

In recent years, Malaysia has emerged as a data centre powerhouse in the Asia-Pacific region, driven by a global surge in demand and an established data centre sector.&nbsp;

With favourable conditions such as the availability of land, cheaper electricity, and an advantageous geographical location, the country has attracted numerous firms to establish data centre operations within its borders.

How Malaysia is setting itself up as an AI hub

In one of his rare interviews in January 1996, the late T Ananda Krishnan said his passion was to go into the business of the future.

Alternative Views: Ananda’s unfinished business leaves much to speculation

The Malaysian Anti-Corruption Commission (MACC) found no wrongdoing within the Human Resource Development Corporation (HRD Corp).

No offences under the MACC Act 2009 had been committed, according to investigators cited in a Public Accounts Committee (PAC) report on the government agency.

No offences found in HRD Corp probe, says MACC

Shares of Kawan Food Bhd (KL:KAWAN) climbed to their highest in nearly five months on Monday, after the frozen food manufacturer announced a venture into distribution of information technology (IT) equipment.

Kawan Food shares climb to near five-month high after news of IT venture

Tenaga Nasional Bhd (KL:TENAGA) and Sembcorp Power Pte Ltd have signed an agreement for the supply of 50 megawatts (MW) of renewable energy to Singapore.

The maiden renewable energy supply from Malaysia to the island-state is the result of the bidding process conducted through Energy Exchange Malaysia (Enegem) in June.

Tenaga, Sembcorp sign deal for supply of 50MW renewable energy to Singapore

US&nbsp;President-elect Donald&nbsp;Trump&nbsp;called on Sunday for an immediate ceasefire and negotiations between&nbsp;Ukraine&nbsp;and Russia&nbsp;to end "the madness", prompting Ukrainian President Volodymr Zelenskiy and the Kremlin to list their conditions.

Trump calls for immediate Ukraine ceasefire, Kyiv and Moscow cite conditions

As Bashar Al-Assad fled to Moscow, the looters started raiding the presidential palace and people took the streets of Damascus to celebrate his demise. The Syrian president had tried to hang on until the bitter end, still desperately sending an SOS to anyone who would listen, including Donald Trump. The despot had run out of road.

Assad’s fall in Syria puts world on watch for more Middle East chaos

Industrial services firm Swift Energy Technology Bhd has begun accepting applications from investors for its initial public offering (IPO) that would gross more than RM84 million on the ACE Market.

The IPO, priced at 28 sen per share, involves a public issue of 250.2 million new shares and an offer for sale of 50.04 million existing shares, according to its prospectus. All in, the listing offers investors a 25% stake in the Selangor-based company.

Swift Energy now selling IPO shares at 28 sen apiece for ACE Market listing

Imprisoned former prime minister Datuk Seri Najib Razak has once again claimed that there was a conspiracy by the US to prevent him from accessing evidence pivotal to mount his defence in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial.

Najib now says US Democrats conspired with then-Opposition to suppress evidence pivotal to his defence

Malaysia’s retail sales growth accelerated in the third quarter, an industry research firm said on Monday, flagging faster growth in the next three months due to the year-end holiday season.

Retail sales growth accelerated to 3.8% in 3Q, may hit 4.4% in 4Q — Retail Group Malaysia

Asian shares struggled with a slide in South Korea on Monday, ahead of a packed week of central bank meetings that should see borrowing costs take a step lower, while US&nbsp;inflation data are the last hurdle to further policy easing there.

Asian stocks slugged by South Korea's turmoil, disinflation in China

Facility management firm GFM Services Bhd (KL:GFM) said on Monday it has signed an agreement to explore a stake in oil-and-gas services firm Shapadu Energy Sdn Bhd for an indicative RM30 million cash.

GFM Services to explore 45% stake in energy services firm Shapadu for RM30m cash

Oil&nbsp;prices nudged higher on Monday, as heightened tensions in the Middle East following the overthrow of Syrian President Bashar al-Assad by rebels offset concerns over weak Chinese demand that was highlighted by Saudi Aramco's price cuts to Asian buyers.

Oil edges up as rising Mideast tensions offset demand fears

Former prime minister Datuk Seri Najib Razak said that he supported 1Malaysia Development Bhd's (1MDB)&nbsp;ambitions to acquire independent power producers (IPPs), by bringing down cost of power,&nbsp;for the well-being of Malaysians.

Najib says supported 1MDB's independent power producer ambitions for Malaysia's 'well-being'

Malaysia’s healthcare sector is set for sustained growth beyond its robust third-quarter results, amid steady increases in both capacity and demand, BIMB Securities said.&nbsp;

The research house, which kept an 'overweight'&nbsp;stance on the sector, expects private hospital operators to "sustain earnings growth of double digits, supported by steady increases in inpatient and outpatient visits”, which are likely to extend into 2025.

Healthy demand, capacity growth to drive healthcare earnings through 2025 — BIMB

US-based Omnicom Group is in advanced talks to acquire rival Interpublic Group in a deal that would create the world’s largest advertising company, The Wall Street Journal&nbsp;(WSJ) reported.

Omnicom, Interpublic in merger talks that would create world's largest ad company — WSJ

KUALA LUMPUR (Dec 9): The Public Accounts Committee (PAC) has called on the Malaysian Anti-Corruption Commission (MACC) to explain its investigation into the Human Resource Development Corporation (HRD Corp), which was classified as “no further action" (NFA).&nbsp;

Explain ‘no further action’ on HRD Corp investigation, PAC tells MACC

KUALA LUMPUR (Dec 9): UEM Sunrise Bhd (KL:UEMS) has received planning permit approval for a A$277.8 million (RM784.8 million) build-to-rent development in Collingwood, Melbourne, Australia.

UEM Sunrise gets nod for A$277.8m build-to-rent project in Melbourne

Former Kedah menteri besar Datuk Seri Mukhriz Mahathir told the High Court on Monday that he did not know that his aunt Habsah’s patronym is Mohamad Iskandar.

Mukhriz says he does not know his aunt’s patronym is Mohamad Iskandar

Local institutions continued to be Bursa Malaysia's primary supporters, with net buying skyrocketing nearly fivefold to RM1.06 billion last week from RM207.7 million recorded in the week before.

In its fund flow report for the week ending Dec 6, MIDF Amanah Investment Bank Bhd (MIDF) noted no outflows were recorded in the entire week from this investor class last week.