<div class=newsTextDataWrapInner>SINGAPORE (Sept 2): Former senior minister Tharman Shanmugaratnam will be Singapore’s ninth president after winning an overwhelming 70.4% of the votes at the 2023 Presidential Election.</div>

<div class=newsTextDataWrapInner>Former GIC chief investment officer Ng Kok Song received 15.72% of the votes, while former NTUC Income CEO Tan Kin Lian received 13.88% of the votes.</div>

<div class=newsTextDataWrapInner>During the sample count released around 10.40pm, Tharman secured 70% of the votes, while Ng Kok Song clinched 16% of the votes. Tan rounded up the trio with<a href="https://www.theedgesingapore.com/news/singapore/tharman-shanmugaratnam-truly-humbled-after-winning-70-sample-votes-presidential" target="_blank">...(click on link for full story on theedgesingapore.com)</a></div><div class=inPageAd id=div-gpt-ad-inpage></div>

SINGAPORE (Sept 2): Former senior minister Tharman Shanmugaratnam will be Singapore’s ninth president after winning an overwhelming 70.4% of the votes at the 2023 Presidential Election.

Tharman Shanmugaratnam becomes Singapore’s ninth president with 70.4% votes

Sime Darby Bhd's (KL:SIME) net profit jumped 36% in the first quarter ended Sept 30, 2024 (1QFY2025) from a year ago, mainly on profit contributions from the UMW division and gain on disposal of Malaysia Vision Valley land.

Sime Darby's 1Q profit jumps 36% on UMW earnings, Malaysia Vision Valley land disposal

Glomac Bhd (KL:GLOMAC) on Thursday officially launched Serai @ SBCR, the latest precinct in its 1,200-acre Bandar Saujana Utama master plan in Sungai Buloh, Selangor. The new precinct has a gross development value (GDV) of RM353 million.

Glomac launches RM353m new precinct in Bandar Saujana Utama, Sungai Buloh

Axiata Group Bhd (KL:AXIATA), the country’s largest telecommunications company by revenue, returned to the black in the third quarter as currency gains and other one-off items offset a decline in operating income.

Axiata returns to the black in 3Q as one-off gains offset lower operating income

Prime Minister Datuk Seri Anwar Ibrahim said on Thursday that the approach of obtaining helicopters for the country’s security forces through a leasing arrangement could ease the burden on the nation’s coffers.

PM defends RM16b leasing arrangement of helicopters for country's security forces

Hong Leong Financial Group Bhd (KL:HLFG), the financial services flagship of tycoon Tan Sri Quek Leng Chan, said on Thursday its net profit rose 14% in the first financial quarter from a year earlier, driven by the banking and insurance businesses.

Hong Leong Financial Group's 1Q net profit rises 14% as banking, insurance arms report gains

KUALA LUMPUR (Nov 28): CIMB Group Holdings Bhd (KL:CIMB), Malaysia’s second-largest bank by assets, said on Thursday that its net profit rose nearly 10% in the third quarter from a year earlier, thanks to both interest and non-interest income.

CIMB Group’s 3Q net profit rises nearly 10%, on track to hit ROE target

Radium Development Bhd (KL:RADIUM) has signed a memorandum of understanding (MOU) with GreenRE Sdn Bhd to integrate green building practices across Radium's projects.

Radium Development partners with GreenRE to introduce sustainable elements to its projects

Toh Puan Na’imah Abdul Khalid, the widow of the late former finance minister Tun Daim Zainuddin, will have her passport unconditionally returned to her by the Sessions Court, after the Court of Appeal on Thursday overturned a High Court decision which previously denied her application to have the documents returned to her.

Daim’s wife gets unconditional return of her passport from Court of Appeal

Donald Trump had dinner with Meta Platforms Inc chief executive officer Mark Zuckerberg at the president-elect’s Mar-a-Lago estate in Florida on Wednesday.

Zuckerberg met with Trump and members of his team, according to a Meta representative, who added that the session took place at a crucial time for US innovation.

Trump has dinner with Mark Zuckerberg at Mar-a-Lago

German consumer sentiment looks set to tumble in the last month of the year as households, worried by reports of job cuts, grow more pessimistic about their income prospects, a survey showed on Wednesday.

German consumer sentiment tumbles on job cut fears, survey shows

Shares of NationGate Holdings Bhd (KL:NATGATE) fell in early trading after its third-quarter results came in below analysts expectations.

NationGate shares slide in early trade after 3Q results miss expectations

China is continuing to buy US soybeans, confounding some traders who had expected the flow of shipments to slow down ahead of a potential trade war between both countries.

A Chinese state buyer picked up at least eight cargoes last week to build national reserves, according to traders familiar with the sales.

China keeps buying US soy in surprise move after Trump’s win

Toh Puan Na’imah Abdul Khalid, the widow of the late former finance minister Tun Daim Zainuddin, will have her passport unconditionally returned to her by the Sessions Court, after the Court of Appeal on Thursday overturned a High Court decision which previously denied her application to have the documents returned to her.

Technology stocks on Bursa Malaysia declined in early trading on Thursday, mirroring the decline in US technology stocks on Wednesday.

Tech counters decline in early trade on Bursa Malaysia

KUALA LUMPUR (Nov 28): Shares of Kerjaya Prospek Group Bhd (KL:KERJAYA) climbed to their highest in eight years, following an unexpected special dividend following third-quarter results.

Kerjaya Prospek shares test eight-year high as investors celebrate dividend surprise

A selloff in giant technology companies dragged down stocks, while the latest economic data gave support to the Federal Reserve’s (Fed) cautious stance on rate cuts.

US stocks halt record-breaking rally as tech gets hit

Asian shares were subdued on Thursday and the dollar was on the defensive after US data showed progress in slowing inflation had stalled even as the economy remained resilient, raising doubt over the path the Federal Reserve (Fed) could take next year.

Asian stocks subdued, dollar drifts ahead of US Thanksgiving

The risk of trade sanctions from the US due to Prime Minister Datuk Seri Anwar Ibrahim's vocal stance in defending the rights of the Palestinian people and state will be among the highlights of Thursday's Dewan Rakyat sitting.

Trade sanction risks due to vocal support for Palestinian rights highlight of Thursday's Dewan Rakyat sitting

The Biden administration is weighing additional curbs on sales of semiconductor equipment and AI memory chips to China that would escalate the US crackdown on Beijing’s tech ambitions but stop short of some stricter measures previously considered, according to people familiar with the matter.

US preps China chip curbs that stop short of early proposals — Bloomberg

TA Securities has valued Main Market-bound TMK Chemical Bhd (KL:TMK) at RM1.99, given its main competitive advantages, including a strong market share in the inorganic chemicals market.

TA Securities assigns RM1.99 fair value to Main Market-bound TMK Chemical

KUALA LUMPUR (Nov 28): The prosecution has sought a postponement in their appeal against the acquittal of Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi in the foreign visa (VLN) system bribery case.

Zahid’s foreign visa bribery appeal: Prosecution seeks postponement, to brief new AG

IPOH (Nov 28): Developer Advancecon Holdings Bhd (Advancecon)(KL:ADVCON)&nbsp;has provided ex-gratia payments to 97 farmers engaged in farming activities on the site of the Silver Valley Technology Park (SVTP) project, owned by the Perak State Development Corporation (PKNPk), in Khantan, Chemor, here.

Silver Valley Tech Park project: Perak committee chairman says Advancecon paid ex-gratia to 97 farmers

KUALA LUMPUR (Nov 28): CIMB Group Holdings Bhd (KL:CIMB), Malaysia’s second-largest bank by assets, said on Thursday that its net profit rose nearly 10% in the third quarter from a year earlier, thanks to both interest and non-interest income.

Donald Trump had dinner with Meta Platforms Inc chief executive officer Mark Zuckerberg at the president-elect’s Mar-a-Lago estate in Florida on Wednesday.

Zuckerberg met with Trump and members of his team, according to a Meta representative, who added that the session took place at a crucial time for US innovation.

Sime Darby Bhd's (KL:SIME) net profit jumped 36% in the first quarter ended Sept&nbsp;30, 2024 (1QFY2025) from a year ago, mainly on profit contributions from the UMW division and gain on disposal of Malaysia Vision Valley land.

South Korea's central bank cut benchmark interest rates for a second straight meeting on Thursday in a surprise move as the economy stalled and inflation slowed more than policymakers predicted.

South Korea makes first back-to-back rate cuts since 2009

Even as Mexico President Claudia Sheinbaum attempts to quell concerns over Donald Trump’s threat of 25% tariffs, economists are looking glumly at the trouble ahead should the US president-elect actually follow through.

Trump tariff threat ‘chilling signal’ for Mexico economy

Hong Leong Financial Group Bhd (KL:HLFG), the financial services flagship of tycoon Tan Sri Quek Leng Chan, said on Thursday its net profit rose 14% in the first financial quarter from a year earlier, driven by the banking and insurance businesses.

The Federal Reserve’s (Fed) preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.

Fed’s favoured inflation gauge picks up, backs cautious approach

Australia’s government will hold talks with its Northern Territory counterpart on Thursday over concerns around the financial status of Chinese company Landbridge, which holds a 99-year lease over the strategically-important port of Darwin.