Bank Negara Malaysia Deputy Governor Datuk Jessica Chew says the upcoming Consumer Credit Act, aimed to promote responsible practices among credit lending activities, does not address credit scoring services provided by credit reporting agencies.</div><div class=inPageAd id=div-gpt-ad-inpage>

NEWS: Credit scoring not addressed in Consumer Credit Act

(Jan 15): Some bond traders are betting that the relentless selloff in Treasuries will soon lose momentum, in part because of questions around how President-elect Donald Trump’s policies will take shape.

Traders have been adding options wagers that yields will retreat from the 14-m...

Why some bond traders bet relentless selloff will soon lose steam

The European Union is considering import restrictions on Russian aluminium and phasing out liquefied natural gas from the nation as part of a new package of sanctions targeting Moscow for its full-scale invasion of Ukraine, according to people familiar with the matter.

EU considers gradual ban on Russian LNG and aluminium — Bloomberg

LONDON (Jan 15): Prime Minister Datuk Seri Anwar Ibrahim arrived in the United Kingdom (UK) capital on Wednesday for a five-day working visit to Malaysia’s fourth largest trading partner among the European Union (EU) member countries.

Anwar arrives in London for working visit to UK

South Korean authorities arrested impeached President Yoon Suk Yeol on Wednesday over insurrection allegations, with the embattled leader saying he agreed to comply with investigations to avoid "bloodshed", ending weeks of tense political standoff.

South Korean investigators arrest impeached President Yoon, ending weeks-long standoff

(Jan 15): Surging yields are spurring at least a few blue-chip companies to delay US bond sales, a sign of how falling Treasury prices are rippling into other markets.

Ten companies sold $11.7 billion of high-grade bonds in the US on Monday, but at least a few borrowers elected to ...

Surging yields ripple into corporate bonds, delaying sales

(Jan 15): Donald Trump’s inauguration promises to usher in an era of upheaval in global commerce, forcing governments around the world to scramble in preparation for a tariff onslaught, even before he’s back in the White House.

World readies for Trump tariffs even before his White House return

U Mobile Sdn Bhd will likely struggle to roll out Malaysia’s second 5G network, pushing the company to even consider a merger, said Hong Leong Investment Bank (HLIB).

U Mobile will struggle to roll out second 5G network, may even consider merger — analysts

SAN FRANCISCO (Jan 14): A half-dozen trade groups from the semiconductor and manufacturing industries sent a private letter to US President Joe Biden, complaining that new export controls expected this week were rushed through without consulting them.

Chip industry groups slam expected rules in private letter to Biden

South Korea's jobless rate jumped to the highest in 3½ years in December, as political turmoil stoked economic uncertainty and dampened sentiment, data showed on Wednesday, a day ahead of the central bank's first monetary policy meeting of the year.

South Korea jobless rate hits 3½-year high amid political uncertainty

China’s quest to feed itself has taken it as far as Kenya’s macadamia nut groves and Bolivia’s cattle ranches, as part of a push in recent years to diversify food sources away from traditional Western suppliers.

China is scouring the globe in search of new food suppliers

<div><img alt="" class="gallery-items" data-high-res-src="https://myassets.theedgemalaysia.com/pics/2025/TEM1557-infographic-2-theedgemalaysia_20250114154549.jpg" src="" /></div>

<div class="imgw-800 mx-auto d-block image-gallery"><a class="mobx embedimg-icon" data-rel="ceolightbox" href="https:/...

Salaries in Malaysia projected to increase by 5% in 2025 — Mercer

South Korean authorities arrested impeached President Yoon Suk Yeol on Wednesday over insurrection allegations, with the embattled leader saying he agreed to comply with investigations to avoid "bloodshed", ending weeks of tense political standoff.

U Mobile Sdn Bhd will likely struggle to roll out Malaysia’s second 5G network, pushing the company to even consider a merger, said Hong Leong Investment Bank (HLIB).

(Jan 15): At least eight major distressed Chinese firms, including a China Evergrande Group unit, are set to defend themselves in court cases relating to their debt problems over the next two weeks, in one of the busiest stretches ever for such hearings.

Distressed Chinese companies face flurry of court hearings

(Jan 15):&nbsp;Asian stocks were poised for a steady open following a tepid US session, as traders await key inflation data that may shed light on the path of US Federal Reserve rates over the coming months.

Asian traders tread with caution ahead of US CPI data

Meta Platforms Inc is cutting roughly 5% of its staff through performance-based eliminations and plans to hire new people to fill their roles this year, according to an internal memo sent to all employees.

Meta to slash roughly 5% of staff, targetting lowest performers

Malaysia must embark on a digital transformation within its economic and financial sectors, prioritising areas such as blockchain and cryptocurrency to remain at the forefront of the digital age, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia must embrace digital transformation to stay ahead, says Anwar

Malaysia’s unique position has helped the country to chart economic policies which are comprehensive and sustainable, said Prime Minister Datuk Seri Anwar Ibrahim.

He said Malaysia is fortunate as it is politically stable despite being multi-cultural, multi religious, multi-racial, and it is probably among the most peaceful country in the region and is also among the fastest growing economies in the world.

Malaysia’s unique position helps to chart economic policies which are comprehensive, sustainable

SAN FRANCISCO (Jan 14): A half-dozen trade groups from the semiconductor and manufacturing industries sent a private letter to US President Joe Biden, complaining that new export controls expected this week were rushed through without consulting them.

(Jan 15):&nbsp;Donald Trump’s inauguration promises to usher in an era of upheaval in global commerce, forcing governments around the world to scramble in preparation for a tariff onslaught, even before he’s back in the White House.&nbsp;

The Malaysian Anti-Corruption Commission (MACC) and the Federal Bureau of Investigation (FBI) will increase cooperation to address the challenges in combatting corruption crimes at regional and international levels.

MACC, FBI enhance cooperation to combat corruption

MEXICO CITY (Jan 14): Chipmaker Intel Corp said on Tuesday that it will separate its venture capital and investment arm, Intel Capital, into a standalone company, to focus on enhancing efficiency across the business.

Intel to spin off its venture capital arm

Nato countries will deploy frigates, patrol aircraft and naval drones in the Baltic Sea to help protect critical infrastructure and reserve the right to take action against ships suspected of posing a security threat, alliance members said on Tuesday.

Nato to deploy ships, aircraft in Baltic Sea after cable breaches

NEW YORK (Jan 14): Elon Musk was sued on Tuesday by the US Securities and Exchange Commission (SEC), which accused the world's richest person of waiting too long to disclose in 2022 that he had amassed a large stake in Twitter, the social media company he later bought.

US SEC sues Elon Musk over late disclosure of Twitter stake

French Prime Minister Francois Bayrou on Tuesday opened the door to renegotiating a disputed pension reform in a bid to win over left-wing lawmakers he needs to pass the 2025 budget.

Bayrou's concession underlined the scale of France's political turmoil as he prepared to spend his first weeks in office reworking the hard-won 2023 pension reform under pressure from the left, which threatens to topple his government otherwise.

French PM opens door to renegotiating Macron's pension reform

China’s quest to feed itself has taken it as far as Kenya’s macadamia nut groves and Bolivia’s cattle ranches, as part of a push in recent years to diversify food sources away from traditional Western suppliers.

The cost of road repairs due to floods following the Northeast Monsoon (MTL) has reached RM101.57 million, said Works Minister Datuk Seri Alexander Nanta Linggi.

He said it involved road repair costs in the states of Peninsular Malaysia totalling RM45.37 million covering periodic repairs of pavement, periodic non-pavement, bridges and traffic lights as well as street lights.

Cost of road repairs due to floods exceeded RM100 mil — Nanta

South Korea's jobless rate jumped to the highest in 3½ years in December, as political turmoil stoked economic uncertainty and dampened sentiment, data showed on Wednesday, a day ahead of the central bank's first monetary policy meeting of the year.

Oil prices will be under pressure over the next two years as global production growth outpaces demand, the US Energy Information Administration (EIA) said on Tuesday in its Short-Term Energy Outlook report.

EIA expects oil prices to be under pressure from oversupply in 2025, 2026

DOHA/CAIRO/JERUSALEM (Jan 15): Negotiators were near to hammering out the final details of a ceasefire in Gaza on Wednesday after marathon talks in Qatar, and the US and Egyptian leaders promised to stay in close contact about a deal over the coming hours.