<div class=newsTextDataWrapInner><p>Here are some snippets from The Edge's recent interview with Transport Minister Anthony Loke Siew Fook. Details in this week's edition of The Edge.</p></div>

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Here are some snippets from The Edge's recent interview with Transport Minister Anthony Loke Siew Fook. Details in this week's edition of The Edge.

Interview with Transport Minister Anthony Loke Siew Fook

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


99 Speed Mart, TNB, Eversendai, Binastra, Kelington, Jati Tinggi, Resintech and Gadang

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<p class="thumb-cap">E...

EVENING 5: Five things you need to know today

<p>JAKS Resources Bhd (KL:JAKS) said it is disposing of 178.48 acres of oil palm land in mainland Penang for RM77.74 million.</p>

<p>In a filing with the stock exchange, the construction and power utilities group said it is selling four plots of the land to Summersonic Sdn Bhd for RM35.9 million, and the remaining 13 plots to Pacific Arena Sdn Bhd for RM41.8 million.</p>


JAKS Resources to dispose of oil palm land in Penang for RM77.7 mil

<p>The biggest US banks would face a 9% increase in capital requirements — a dramatic retreat from the original plan — after regulators agreed to sweeping changes to a proposed package of rules, according to people familiar with the matter.&nbsp;</p>


Biggest US banks’ capital hike chopped in half in latest plan by regulators

<p>Apple unveiled an updated Watch at an event on Monday focused on its artificial intelligence-enhanced (AI) iPhone 16, although Apple's product showcase risks being overshadowed by Chinese rival Huawei's tri-fold phone, unofficially announced earlier in the day.</p>


Apple shows off new Watch with bigger screen as it kicks off iPhone 16 AI event

<p>Malaysia’s resilient economy and contained price pressures should allow it to keep interest rates unchanged for the rest of the year, even as global central banks pivot towards easing, according to Bank Negara Malaysia’s (BNM) deputy governor.</p>


BNM deputy governor sees OPR at 3%, growth at 5% in 2024

<p>Malaysia’s Foreign Ministry takes note of the recent reports on the presence of a foreign naval vessel near an offshore oil rig in Malaysia.</p>

<p>However, in a media advisory on Monday, the ministry said it is unable to comment on their accuracy or specifics regarding the movements of military vessels, as these matters fall under operational security and the defence authorities.</p>


Malaysia takes note of reports on foreign naval vessel's presence in EEZ

<p>A renewed wave of dip buying spurred a rebound in stocks after a selloff triggered by economic concerns, with traders now looking to this week’s inflation data for clues on the size of Federal Reserve (Fed) rate cuts.</p>


Stocks rise as buyers scoop up bargains after rout

<p>Suria Capital Holdings Bhd said on Monday its wholly owned Sabah Ports Sdn Bhd (SPSB) has signed a collaboration agreement with Dubai-based port operator DP World FZE to operate the Sapangar Bay Container Port (SBCP).</p>


Suria Capital and Dubai-based DP World ink agreement for joint operation of Sapangar Bay Container Port

<p>Gadang Holdings Bhd (KL:GADANG) said a sum of RM9.77 million allegedly owed by its units for work done related to the Johor Bahru–Singapore Rapid Transit System (RTS) Link project are idling costs that are not payable.</p>


Gadang says RM9.77 mil claimed by subcontractor is idling costs that are not payable

<p>Radiant Globaltech Bhd (KL:RGTECH) is acquiring an 80% equity interest in Rymnet Solutions Sdn Bhd for RM52.5 million, as it seeks to widen and diversify its information technology (IT) solutions offerings.</p>


Radiant Globaltech to acquire 80% of HR IT solutions provider Rymnet

<p>Asian stocks reversed early losses to rise marginally on&nbsp;Tuesday, following Wall Street's overnight rally, though concerns about a still-struggling Chinese economy&nbsp;kept sentiment in check.</p>


Asian shares rise with focus on US inflation test, Fed meet

<p>Plastic pipes and fittings maker Resintech Bhd (KL:RESINTC) has secured a joint venture (JV) partner and a tenant for a proposed hostel development in Kuala Langat, Selangor, with an estimated gross development value of RM34.1 million.</p>


Resintech secures joint development partner, tenant for proposed RM34m hostel project

<p>The government has agreed to amend the Trustee (Incorporation) Act 1952 (Act 258) and the Trustee Act 1949 (Act 208) to prevent misappropriation of funds by established trustees for purposes such as religious, social, and welfare activities.</p>


Govt agrees to amend Trustee Acts to prevent misappropriation of funds

<p>Mol Nyrt, the Hungarian energy company, said it reached a deal that will ensure the continued supply of Russian crude oil via a pipeline running through Ukraine.</p>

<p>The announcement from the Budapest-based company on Monday came after Ukraine effectively barred Lukoil PJSC from continuing to use it as a transit country in retaliation for Russia’s invasion.</p>


Mol reaches Russia crude supply deal after Ukraine’s Lukoil halt

<p>The World Trade Organization (WTO) urged governments to resist tariffs and other barriers to international commerce, arguing that protectionism risks undoing three decades of unprecedented progress in narrowing the gap between rich and poor nations.</p>


WTO warns nations that protectionism may widen rich-poor gap

<p>The vast trove of information stored by the National Archives of Malaysia holds the potential to significantly enrich the nation’s historical records, said National Unity Minister Datuk Aaron Ago Dagang.</p>

<p>He said these valuable records have not been fully utilised by historians, leading to concerns about gaps in Malaysia’s historical documentation.</p>


National Archives urged to enrich Malaysia’s historical records

<p>Air Canada says it’s making plans to suspend flights beginning on Sept 15 if a new contract is not reached with the union representing more than 5,000 pilots.<br />
&nbsp;<br />
Canada’s largest airline said on Monday the parties remain far part after more than year of talks, and a work stoppage is “increasingly likely”.</p>


Air Canada makes plans to cancel flights as pilots’ strike nears

<p>Soybean futures rose as weather forecasts show little rain in Brazil and resulting dryness pushes back the start of planting season for a new soy crop.&nbsp;</p>

<p>The seeding of the biggest soybean crop in the world is risking further delays, in turn propping up Chicago soy prices on Monday.&nbsp;</p>


Soy futures rise as dry weather delays crop seeding in Brazil

<p>A total of 122,062 Year 1 students across the country were selected to go through a Literacy and Numeracy Intervention programme starting last month, to help them acquire reading, writing, and arithmetic skills (3R).</p>
