<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 28): Member of Parliament for Bukit Gantang Syed Abu Hussin Hafiz Syed Abdul Fasal has declared his support for Prime Minister Datuk Seri Anwar Ibrahim and the unity government.</p></div>

<div class=newsTextDataWrapInner><p>He made the announcement during the prime minister's question time in the Dewan Rakyat on Tuesday, stating his readiness to assist the government in nation-building, and address the issues of rising prices of goods and the cost of living.</p></div>

<div class=newsTextDataWrapInner><p>"With that, Bukit Gantang hereby announces its support for YAB Tambun (Anwar) as the 10th prime minister and the Madani government," said Syed Abu Hussin.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Syed Abu Hussin also called on two former prime ministers, Tan Sri Muhyiddin Yassin (Perikatan Nasional-Pagoh) and Datuk Seri Ismail Sabri Yaakob (Barisan Nasional-Bera), to assist Anwar in nation-building.</p></div>

<div class=newsTextDataWrapInner><p>Syed Abu Hussin is the fifth Bersatu MP to pledge support for the unity government to date.</p></div>

<div class=newsTextDataWrapInner><p>The other four Bersatu MPs who have declared support for Anwar are Iskandar Dzulkarnain Abdul Khalid (Kuala Kangsar), Suhaili Abdul Rahman (Labuan), Azizi Abu Naim (Gua Musang), and Zahari Kechik (Jeli).</p></div>

<div class=newsTextDataWrapInner><p><em>For more&nbsp;Parliament&nbsp;stories, click&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://theedgemalaysia.com/flash-categories/parliament&amp;source=gmail&amp;ust=1701229118908000&amp;usg=AOvVaw2NhNowNqXfWQmbsMwPlK3t" href="https://theedgemalaysia.com/flash-categories/parliament" target="_blank">here</a>.</em></p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/691697" target="_blank">Anwar asks opposition MPs to negotiate for allocations, denies they must declare support for him</a></em></p></div>


Member of Parliament for Bukit Gantang Syed Abu Hussin Hafiz Syed Abdul Fasal has declared his support for Prime Minister Datuk Seri Anwar Ibrahim and the unity government.

Bukit Gantang MP from Bersatu latest to declare support for Anwar

(Dec 19): Global investors are looking to Southeast Asia for some shelter, as they brace for uncertainties surrounding Donald Trump’s trade policies, boosting prospects for the region’s stocks in the coming year.

Southeast Asian stocks to offer shelter amid Trump threat — analysts

The founding family of Japanese IT firm Fuji Soft on Wednesday reiterated its support for a takeover bid by private equity firm Bain Capital that is opposed by Fuji Soft's board, it said in a statement jointly released with Bain.

Fuji Soft founding family affirms support for Bain's hostile takeover bid

Bank Indonesia will buy over US$9 billion (RM40.52 billion) worth of bonds in the secondary market next year as the government looks to refinance its pandemic-era debt.

Bank Indonesia to buy US$9.3 bil in bonds as pandemic debt falls due

BANGKOK (Dec 19): A plan by Myanmar's ruling junta to hold an election amid raging fighting is expected to be discussed in talks on Thursday between its foreign minister and counterparts from neighbouring countries, according to three sources.

Myanmar army's election plan part of regional talks in Thailand, sources say

The world's economic reckoning with the incoming administration of US President-elect Donald Trump began in earnest this week, with some Federal Reserve officials pencilling in estimates for higher inflation and restrictive interest rates, a surprise resignation in Canada over budgeting for prospective tariffs and a hyper focus on a potential status upgrade for bitcoin.

Trump, not yet in office, already a figure in global economic policy

Capital markets are crucial for driving innovation as they provide both the high-risk, long-term funding and an exit mechanism for early-stage financing sources such as bank borrowings or venture capital. As companies compete against their rivals through innovation and investing in technology, kn...

Condivergence: Why the capital markets are critical to the tech sector

The US current account deficit widened to a record high in the third quarter on strong growth in imports and lower income receipts, with some economists warning of a potential threat to a country already saddled with a large government budget deficit.

US current account deficit hits record high in third quarter

WASHINGTON (Dec 18): Corruption in China's military may have disrupted its progress towards its 2027 military modernisation goals, the Pentagon said in its annual report on Beijing's military that was released on Wednesday.

Corruption may have disrupted Chinese military modernisation goals, Pentagon report says

The US reported its first severe human case of bird flu on Wednesday in a Louisiana resident who is hospitalised in critical condition after suspected contact with an infected backyard flock.

US suffers first severe human case of bird flu; California declares emergency

The Indonesian arm of Malaysia-based home improvement retailer Mr DIY Group (M) Bhd (KL:MRDIY) dropped in its stock market debut on Thursday after raising 4.16 trillion rupiah (US$257.6 million or RM1.15 billion) in Indonesia's biggest listing in more than a year.

Indonesian arm of Mr DIY drops on market debut

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


MRCB, Berjaya Corp, YTL Power, SD Guthrie, EcoWorld, Supermax, Scientex, YNH Property, T7 Global, PTT Synergy, RHB Bank, Ge-Shen, Aeon, Pestech, Quality Concrete, Advancecon

<p>Datin Seri Rosmah Mansor has been granted a full acquittal in her RM7.1 million money-laundering and tax evasion case.&nbsp;</p>


Rosmah acquitted in RM7.1m money-laundering and tax evasion case

<p>Asian stocks slid, bond yields rose and the dollar was perched near a two-year high on Thursday after the US Federal Reserve cautioned it would ease the pace of rate cuts in the coming year and investors braced for a Bank of Japan (BOJ) policy decision.</p>


Asian stocks dive after Fed flags slower rate cuts, BOJ decision awaited

<p>The Indonesian arm of Malaysia-based home improvement retailer Mr DIY Group (M) Bhd (KL:MRDIY) dropped in its stock market debut on Thursday after raising 4.16 trillion rupiah (US$257.6 million or RM1.15 billion) in Indonesia's biggest listing in more than a year.</p>


<p>NEW YORK (Dec 19) :&nbsp;Federal&nbsp;Reserve chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to&nbsp;stockpile&nbsp;large amounts of bitcoin.</p>


Powell says Fed cannot hold bitcoin, not seeking to change that

<p>Shares of YTL Corporation Bhd (KL:YTL) and its associate YTL Power International Bhd (KL:YTLPOWR) soared in early trade on Thursday, a day after YTL Power said the Malaysian Anti-Corruption Commission (MACC) has cleared the group of any wrongdoing in the 1BestariNet project.</p>


YTL Corp, YTL Power soar in early trade after MACC clears subsidiary of wrongdoing in 1BestariNet project

<p>KUALA LUMPUR (Dec 19): Aluminproducts maker Winstar Capital Bhd (KL:WINSTAR) rose 40% on its ACE Market trading debut on Thursday.</p>


Winstar Capital rises 40% on ACE Market debut

<p>(Dec 19):&nbsp;A look at the day ahead in Asian markets.</p>


Fed's 'hawkish cut' slams markets, BOJ up next

<p>WASHINGTON (Dec 18):&nbsp;The US central bank lowered interest rates on Wednesday, but&nbsp;Federal Reserve chair Jerome Powell said more reductions in borrowing costs hinge on further progress in lowering stubbornly high inflation, remarks that showed policymakers are beginning to reckon with the prospects for sweeping economic change under an incoming Trump administration.</p>


Fed lowers rates but sees fewer cuts in 2025 due to stubbornly high inflation

<p>The Malaysian Anti-Corruption Commission (MACC) in Penang has arrested an enforcement officer for allegedly soliciting a bribe of around RM80,000 from a woman.</p>

<p>According to an MACC source, the 40-something male suspect contacted the woman on Nov 30 following the arrest of her husband and demanded a bribe, claiming it was to help release her husband, who was detained under the Security Offences (Special Measures) Act (SOSMA 2012).</p>


Penang MACC arrests enforcement officer for soliciting RM80,000 bribe

<p>(Dec&nbsp;19) :&nbsp;The Federal Reserve’s waning enthusiasm for rate cuts jarred US markets on Wednesday, sending stocks lower and pushing Treasury yields and the dollar sharply higher. It was the worst loss for the S&amp;P 500 on the day of a rate decision since 2001.</p>


S&P 500 sees worst Fed day since 2001; yields up

<p>(Dec&nbsp;19) :&nbsp;The US Federal Reserve did what markets expected on Wednesday. But that didn’t stop investors from dumping risk assets in droves.</p>


Wall Street pros say fears of fewer Fed cuts sparking selloff

<p>BENGALURU (Dec 18): Micron Technology&nbsp;forecast quarterly revenue and profit below Wall Street estimates on Wednesday, sending shares lower as weak demand for consumer-centric products such as personal computers and smartphones impacts the chipmaker's business.</p>


Micron shares tumble as quarterly forecast signals sluggish consumer demand

<p>Shares of Malaysian Resources Corporation Bhd (KL:MRCB) slipped to a four-month low in early trade after the group was said to have withdrawn from the Berjaya Group-led consortium vying for the Kuala Lumpur-Singapore high-speed rail (HSR) project.</p>


MRCB slips to four-month low after group was said to have withdrawn from HSR-bidding consortium

<p>The costly truth about US government shutdowns: They don’t save taxpayers a dime.</p>


Trump, Musk threaten government shutdown. Here’s what that costs

<p>KUALA LUMPUR (Dec 19): Sekretariat Gerak Gempur Media Sosial Rakyat (SGGMSR), together with representatives from 20 non-governmental organisations (NGOs),&nbsp;lodged a police report on Wednesday (Dec 18) against Tun Dr Mahathir Mohamad regarding the Batu Puteh case.</p>


NGO lodges police report against Tun M over Batu Puteh case

<p>Analysts expect Scientex Bhd (KL:SCIENTX) to see better earnings from the property division moving forward, which will offset any shortfall and challenges at its packaging manufacturing segment.</p>


Analysts expect Scientex's property division to see better earnings amid challenges at packaging segment

<p>New Zealand's economy sank into recession in the third quarter as activity dived far more sharply than expected and output in the prior quarter was slashed, a dire result that cements the case for more aggressive rate cuts.</p>


New Zealand sinks into recession, more rate cuts coming

<p>China and India took a further step towards easing their long-running border dispute on Wednesday, with senior officials holding formal talks for the first time in five years and committing to finding mutually acceptable solutions.</p>


Chinese, Indian officials in talks to ease dispute over Himalayan border area

<p>AS we embark on a transformative era defined by technological progress, artificial intelligence (AI) is set to reshape industries and catalyse innovation on an unprecedented scale. This evolution presents remarkable opportunities for economic and societal growth. However, unlocking this potential goes beyond merely adopting new technologies; it requires visionary leadership that recognises AI’s broader implications.</p>
