Get the key takeaways of the BNM Annual Report 2023 here.

Highlights of the BNM Annual Report 2023

KUALA LUMPUR (Nov 14): The Ministry of Finance (MOF) said on Thursday that issues surrounding the fashion e-commerce platform FashionValet Sdn Bhd will not impact Khazanah Nasional Bhd’s commitment to invest in start-ups.

MOF: FashionValet saga won’t deter Khazanah’s investments in start-ups

Maybe, just maybe, they’ve found the right guy. Could Ruben Amorim, a little-known Portuguese man-of-war, be The One to salvage the grounded super tanker when heavier lifters have left it deeper in the mire? With reputations shredded and a title drought entering its 12th year, returning Mancheste...

Business Of Sports: Ratcliffe should be wary of United’s dangerous assumption

Ice cream brand Ben & Jerry's said in a lawsuit filed Wednesday that parent company Unilever has silenced its attempts to express support for Palestinian refugees, and threatened to dismantle its board and sue its members over the issue.

Ben & Jerry's says parent Unilever silenced it over Gaza stance

Circles Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital telecom services provider Circles.Life amid interest from prospective investors, according to people familiar with the matter.

Singapore tech firm Circles said to weigh sale of digital arm  

MISC Bhd (KL:MISC) said on Thursday its net profit fell in the third quarter, dragged by lower charter rates for its natural gas carriers and higher vessel operating costs, as it flagged a tough outlook for its key business.

MISC 3Q net profit falls 21%, flags tough LNG shipping outlook

Geely Automobile Holdings Ltd, the centrepiece of billionaire Li Shufu’s car empire, continued to increase revenue and profits in the third quarter as the automaker enjoys a boon from its electric vehicle and hybrids segment.

Geely earnings surge as annual sales near 2 mil target

(Nov 14): Bitcoin spiked above US$93,000 (RM417,259) for a short period, as expectations of further interest-rate reductions by the US Federal Reserve (Fed) added to the impetus from President-elect Donald Trump’s pro-crypto stance.

Bitcoin briefly tops US$93,000 on Trump agenda, Fed policy outlook

Up to 2,000 jobs are at risk after British home improvement retailer Homebase called in administrators who immediately sold up to 70 stores, the brand and its intellectual property to The Range owner CDS in a so-called prepack deal.

UK retailer Homebase falls into administration with 2,000 jobs at risk

Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce.

Boeing starts issuing layoff notices as planemaker trims 10% of workforce

KUALA LUMPUR (Nov 14): Shares of Johor Plantations Bhd (KL:JPG) rebounded on Thursday, as stronger-than-expected results lifted investors’ mood, while analysts anticipate further improvements with rising palm oil prices.

Johor Plantations’ shares rebound, analysts scramble to raise estimates after strong 3Q

<p>South Dakota Senator John Thune, a longtime deputy of Mitch McConnell and an advocate of free trade, won election to lead the Republican Senate majority next year, setting up potential conflicts with President-elect Donald Trump over tariffs and Ukraine aid.</p>


Senate GOP elects Thune as leader, rejecting Musk’s pick

<p>The Thai baht is poised to become one of the most vulnerable emerging market Asian currencies as Donald Trump returns to the White House, given the country’s heavy reliance on trade.</p>


Thai baht most vulnerable in emerging Asia to Trump second term

<p>Republicans held on to their narrow majority in the US House, giving Donald Trump and his party unified control of the elected branches of government and limiting potential curbs on the incoming president’s power.</p>


Trump wins Republican trifecta as GOP retains house majority

<p>Shares of VSTECS Bhd (KL:VSTECS) rose on Thursday after the electronics products distributor reported a surge in quarterly net profit on the back of record-high revenue.</p>


VSTECS shares rally 13% after surge in profit, record revenue

<p>Canadian Deputy Prime Minister Chrystia Freeland said American concerns about Mexico’s trade policy not being in line with its North American allies on China are “legitimate,” and she shares them.</p>


Canada agrees with US concerns about Mexico’s trade with China

<p>KUALA LUMPUR (Nov 14): Shares of Swift Haulage Bhd (KL:SWIFT) fell to their 13-month low on Thursday, after the logistics firm reported weaker-than-expected results.</p>


Swift Haulage shares fall to 13-month low after weaker than expected results

<p>China’s economy likely gained momentum last month, with&nbsp;early indicators&nbsp;pointing to a rebound after the government began rolling out stimulus measures in late September.</p>


China’s economy forecast to show modest pick-up after stimulus

<p>US President-elect Donald Trump chose loyalists with little experience for several key cabinet positions on Wednesday, stunning some allies and making clear that he is serious about reshaping - and in some cases testing - America's institutions.</p>


Trump taps loyalists with few qualifications for top jobs

<p>LIMA, Peru (Nov 13): Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim on Wednesday stressed the importance of strengthening ties with the Global South, highlighting the vast untapped potential and emerging opportunities in this region.</p>

<p>“It’s crucial to shift course slightly and enhanc...

Anwar launches Yinson’s solar park in Peru, calls for robust collab to tap new Global South potentials

<p>LIMA, Peru (Nov 13): Malaysia hopes to contribute to the infrastructure development in Chancay Port, located around 80km north of Peru’s capital&nbsp;Lima, Prime Minister&nbsp;Datuk Seri Anwar Ibrahim said on Wednesday.</p>


Anwar: Malaysia hopes to contribute to infrastructure development in Peru’s new Chancay Port 

<p>KUALA LUMPUR (Nov 14): Shares of Johor Plantations Bhd (KL:JPG) rebounded on Thursday, as stronger-than-expected results lifted investors’ mood, while analysts anticipate further improvements with rising palm oil prices.</p>


<p>KUALA LUMPUR (Nov 13): The government is allocating RM7.063 billion as a capital injection to finance the financial commitments of the companies of the Minister of Finance Incorporated (MOF Inc), said Finance Minister II Datuk Seri Amir Hamzah Azizan on Wednesday.</p>


Govt allocates RM7.06b capital injection to finance firms under MOF Inc

<p>KUALA LUMPUR (Nov 14): Methods to end bullying at Universiti Pertahanan Nasional Malaysia (UPNM) and the reasons behind FashionValet Sdn Bhd (FV) investment failure&nbsp;by Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) will be among highlights of the Dewan Rakyat sitting on Thursday.</p>


Bullying at Universiti Pertahanan Nasional Malaysia, FashionValet investment failure among focus of Dewan Rakyat on Thursday

<p>New solicitors will represent Muhammed Yusoff Rawther in his sexual assault suit against Prime Minister Datuk Seri Anwar Ibrahim.</p>


New solicitors for Anwar's ex-aide Yusoff Rawther, who is suing PM for sexual assault

<p>Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated US bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in the world's largest economy.</p>


Asian shares wobble on China angst; long-end US bond yields rise with dollar

<p>IOI Corporation Bhd (KL:IOICORP) is expected to post a core net profit of between RM280 million and RM320 million for 1QFY2025, up from RM242 million in 4QFY2024, said CIMB Securities.</p>


CIMB Securities sees IOI Corp notching RM280m -RM320m in 1QFY2025 core profit

<p>LIMA, Peru (Nov 13): Prime Minister Datuk Seri Anwar Ibrahim said Peruvian President&nbsp;Dina Ercilia Boluarte Zegarra has accepted his invitation to visit Malaysia and will do so soon.</p>


Anwar: Peruvian president to visit Malaysia by end-2025

<p>LIMA, Peru (Nov 13): Prime Minister Datuk Seri Anwar Ibrahim said on Wednesday that he is deeply honoured to be conferred the prestigious Order of “The Sun of Peru”, “El Sol del Peru”.</p>


Anwar deeply honoured to receive prestigious order from Peru

<p>Stocks wavered as speculation the market has run too far after the US election offset bets the Federal Reserve will keep cutting rates.</p>


S&P 500 struggles to extend post-election advance

<p>(Nov 14):&nbsp;Bitcoin spiked above US$93,000 (RM417,259) for a short period, as expectations of further interest-rate reductions by the US Federal Reserve (Fed) added to the impetus from President-elect Donald Trump’s pro-crypto stance.</p>
