<div class=newsTextDataWrapInner>KUALA LUMPUR (Jan 4): Thai-based hotel management company ONYX Hospitality Group will be introducing three new properties in Malaysia this year. Located in Johor, these properties are OZO Medini, Shama Medini and Shama Suasana Johor Bahru.</div>

<div class=newsTextDataWrapInner>"The new hotels in Malaysia form part of ONYX Hospitality Group’s strategy to drive significant expansion in the hotel, resort and serviced apartment business in Southeast Asia. The company is on track to operate over 50 properties by 2025, up from 44 at present, and an even more ambitious target of 70 by 2028,” according to a statement dated Jan 3.</div>

<div class=newsTextDataWrapInner>With the three upcoming properties, ONYX will have a total of seven properties in its Malaysian portfolio as it currently manages Amari Johor Bahru, OZO George Town Penang, Amari SPICE Penang and Amari Kuala Lumpur.&nbsp;</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>The expansion will also make Malaysia the first country outside Thailand to host all three ONYX brands — Amari (upscale hotel), OZO (hotel) and Shama (serviced apartments). 
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Thai-based hotel management company ONYX Hospitality Group will be introducing three new properties in Malaysia this year. Located in Johor, these properties are OZO Medini, Shama Medini and Shama Suasana Johor Bahru.

ONYX Hospitality Group to introduce three properties in Malaysia this year

KUALA LUMPUR (Oct 18): Main market-bound Azam Jaya Bhd, a Sabah-based construction firm, aims to raise RM61.5 million from its initial public offering (IPO), and set its IPO price at 78 sen per share.

Main market-bound Azam Jaya to raise RM61.5m from IPO

KUALA LUMPUR (Oct 18): Malaysia’s trade from January to September 2024 rose 10.2% to RM2.139 trillion, surpassing the RM2 trillion threshold in just nine months, compared to 10 months in 2023, said the Ministry of Investment, Trade and Industry (Miti).

Malaysia’s trade records 10.2% jump in 9M2024, exceeds RM2 tril mark — Miti

Imprisoned former prime minister Datuk Seri Najib Razak said in the Kuala Lumpur High Court on Friday that he had some regrets regarding the SRC International Sdn Bhd's (SRC) debacle, where billions of Retirement Fund Inc (KWAP) funds meant to seek alternative power source, ended up being misappropriated and squandered.

Najib on SRC: 'I have certain regrets'

Shares of Heitech Padu Bhd (KL:HTPADU) were suspended with effect from 9am to 5pm on Friday, pending an announcement relating to a material contract.

Heitech Padu shares suspended ahead of Budget 2025 announcement

Japan’s top currency official helped lift the yen a touch on Friday after he warned he was keeping a close eye on market movements following the yen’s slide into the 150 range against the dollar overnight.

Japan’s FX chief warns on sudden moves after yen hits 150

TAIPEI/WASHINGTON (Oct 18): Taipei-listed shares in Taiwan Semiconductor Manufacturing Co (TSMC) hit a record high on Friday, after the chipmaker posted forecast-beating third-quarter earnings and predicted a rosy outlook on strong artificial intelligence (AI) demand.

TSMC stock hits new high after posting forecast-beating earnings

BEIJING (Oct 18): China’s economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and industrial output figures for last month beat forecasts, a tumbling property sector remains a big challenge for Beijing as it tries to boost growth.

China’s 3Q GDP hits weakest pace since early 2023, backs calls for more stimulus

SD Guthrie Bhd's (KL:SDG) core earnings are expected to grow by 46.9% in FY2024, followed by increases of 8.9% in FY25 and 12.2% in FY26, on recovery of fresh fruit bunches (FFB) production, and crude palm oil (CPO), said Apex Securities.

SD Guthrie FY2024 earnings to grow 47% on recovery of FFB production, CPO prices — Apex Securities

No longer a sporting nation? Anyone who thought Malaysia had dropped off the radar after recent disappointments might be pleasantly surprised if they were in Langkawi last Saturday (Oct 12). Injecting much-needed life back into the once “happening” tourist hub is one of world sport’s genuine epic...

Business Of Sports: Langkawi shows anything is possible as Ironman host with the most

TOKYO (Oct 18): Japan’s core inflation slowed in September due to the rollout of energy subsidies but an index excluding the effect of fuel held steady, a sign that broadening price pressure will keep the central bank on track to raise interest rates further.

Japan’s core inflation slows on fuel subsidies, demand-driven pressure intact

Shares of Heitech Padu Bhd (KL:HTPADU) were suspended with effect from 9am to 5pm on Friday, pending an announcement relating to a material contract.

(Oct 18):&nbsp;Thailand’s 38-year-old prime minister is working on a plan to alleviate the economic drag from a household debt bill topping US$500 billion (RM2.15 trillion) — a figure that has ballooned since her father first took office in 2001.

A US$500b pile of household debt weighs on new Thai leader

(Oct&nbsp;18) :&nbsp;The world’s biggest bond market got hit as a solid retail sales report had traders trimming their bets on Federal Reserve rate cuts this year.

Wall Street dials back Fed-cut bets on solid data

(Oct&nbsp;18) :&nbsp;The yen fell below the psychological mark of 150 per dollar, after robust US economic data led traders to dial back bets on Federal Reserve interest-rate cuts, boosting the greenback.&nbsp;

Yen falls to key 150 level after solid US retail, labour data

(Oct 18):&nbsp;US government bonds slumped after strong September retail-sales figures fanned doubts over how quickly the Federal Reserve will continue to lower interest rates.

The selloff pushed Treasury yields higher by as much as seven to 10 basis points. Initially, short maturities ...

Treasury yields climb as strong data sow doubt on Fed rate cuts

BMI, a Fitch Solutions company, holds a positive outlook for consumer spending in Malaysia for 2025, supported by an ongoing economic recovery that fuels stable real consumer spending growth, according to its note on Friday.

The research firm said easing inflationary pressures and a stable labour market will sustain consistent consumer spending.&nbsp;

Positive 2025 consumer spending outlook for Malaysia, but high household debt poses risk — BMI

Imprisoned former prime minister Datuk Seri Najib Razak said in the Kuala Lumpur High Court on Friday that he had some regrets regarding the SRC International Sdn Bhd's (SRC) debacle, where billions of Retirement Fund Inc (KWAP) funds meant to seek alternative power source, ended up being misappropriated and squandered.&nbsp;

BEIJING (Oct 18): China’s economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and industrial output figures for last month beat forecasts, a tumbling property sector&nbsp;remains a big challenge for Beijing as it tries to boost growth.

KUALA LUMPUR (Oct 18): Malaysia’s trade from&nbsp;January to September 2024 rose 10.2% to RM2.139 trillion, surpassing the RM2 trillion threshold in just nine months, compared to 10 months in 2023, said the Ministry of Investment, Trade and Industry (Miti).

(Oct 18):&nbsp;In the countdown to the weekend inauguration of Indonesia’s new president, Jakarta’s political elite has been huddled at the incoming leader’s private ranch outside the capital, deep in the last-minute haggling that will determine the shape of the country’s government for the next five years.

Indonesia’s fixer-in-chief bows out as Prabowo takes the helm

JERUSALEM/CAIRO (Oct 17): Hamas leader&nbsp;Yahya&nbsp;Sinwar, a mastermind of the Oct&nbsp;7, 2023&nbsp;attack that triggered the Gaza war, has been killed by Israeli forces in the Palestinian enclave, Israel said on Thursday.

Hamas leader Sinwar killed by Israeli troops in Gaza, Netanyahu says war will go on

SD Guthrie Bhd's (KL:SDG) core earnings are expected to grow by 46.9% in FY2024, followed by increases of 8.9% in FY25 and 12.2% in FY26, on recovery of fresh fruit bunches (FFB) production, and crude palm oil (CPO), said Apex Securities.

KUALA LUMPUR (Oct 18): The Malaysian Investment Development Authority (Mida) is on track to achieve its target of RM2.5 billion in investments from green investment leads at the International Greentech &amp; Eco Products Exhibition and Conference Malaysia (IGEM) 2024.

Mida on track to achieve goal of RM2.5b green investments at IGEM 2024

Gold topped US$2,700 an ounce for the first time, as concerns over escalating conflicts in the Middle East saw investors flock to safety.

Spot gold extends its record-breaking run to top US$2,700

BENGALURU (Oct 17): Billionaire Warren&nbsp;Buffett’s Berkshire Hathaway has&nbsp;unloaded more Bank of America stock, as it continues to trim stake in the US banking giant, according to a regulatory filing.

Buffett’s Berkshire continues to reduce Bank of America stake

(Oct 18): China’s largest state-owned lenders have cut their deposit rates on Friday, their second reduction this year as they rushed to salvage record low margins amid weakened profitability.

Major banks including Industrial &amp; Commercial Bank of China Ltd. and China Construction Ba...

China’s mega banks trim deposit rates as stimulus hits profits

（吉隆坡18日讯）配合一项重大合同的公告，HeiTech Padu Bhd（KL:HTPADU）今早9时至下午5时暂停交易。

配合重大合同宣布 HeiTech Padu暂停交易

TAIPEI/WASHINGTON (Oct 18): Taipei-listed shares in&nbsp;Taiwan Semiconductor Manufacturing Co (TSMC) hit a record high on Friday, after the chipmaker posted forecast-beating&nbsp;third-quarter earnings&nbsp;and predicted a rosy outlook on strong artificial intelligence (AI) demand.

China’s September home prices fell at almost the same pace as the previous month, despite the country’s efforts to stabilise the real estate sector.&nbsp;

New-home prices in 70 cities, excluding state-subsidised housing, dropped 0.71% from August, in line with a 0.73% decline a month earlier, National Bureau of Statistics figures showed on Friday.

China home price slump drags on despite revival efforts

(Oct&nbsp;18) :&nbsp;Traders are adding to bets that the European Central Bank (ECB) will need a bumper interest-rate cut in December, after policymakers&nbsp;flagged&nbsp;risks to growth as they lowered borrowing costs on Thursday.