<div class=newsTextDataWrapInner>KUALA LUMPUR (April 1): MISC Bhd, which owns one of the world's largest fleets of petroleum shipping vessels, said on Monday it had secured long-term contracts for three liquefied natural gas (LNG) carriers from QatarEnergy.</div>

<div class=newsTextDataWrapInner>The contract is for time charter of three newbuild LNG carriers to be built by Samsung Heavy Industries Co Ltd, MISC said in an exchange filing on Monday. The carriers will be chartered by QatarEnergy for a firm 15 years from 2026 onwards, the company said.</div>

<div class=newsTextDataWrapInner>The company did not provide financial details.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>The contract is not expected to have any material impact on the earnings per share, gearing and net assets per share of MISC for the financial year ending Dec 31 2024, it noted.</div>

<div class=newsTextDataWrapInner>QatarEnergy, the state-owned energy company of Qatar, is involved in exploration, production, refining, transport, and storage of oil and gas.</div>

MISC Bhd, which owns one of the world's largest fleets of petroleum shipping vessels, said on Monday it had secured long-term contracts for three liquefied natural gas (LNG) carriers from QatarEnergy.

MISC signs charter contracts for three LNG carriers with QatarEnergy

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A year after the latest escalation of the Palestinian-Israeli conflict, which has not stopped since 1948, Gaza is still burning. The images of tents outside the Al-Aqsa hospital, which were burnt with people dying in them, after yet another Israeli air raid in Deir al-Balah in central Gaza, and a...

My Say: No ceasefire and de-escalation in sight, instead full-blown war in the Middle East looms

MEXICO CITY (Oct 21): Mexico is considering tax credits to attract foreign firms to invest and produce domestically, targeted at electric vehicle (EV), semiconductor, rare earth minerals, battery and electronics sectors, a top Mexican trade official said in an interview.

The commen...

Mexico's new government mulls tax incentives to lure foreign companies

The Indian rupee, which fell past 84 to the dollar to hit a new record low this month, is on a downward path as geopolitical risks boost oil prices and as money flows out of local stocks amid a shift toward China.

Indian rupee faces slow grind lower on oil, China rotation risks

Shares of Hyundai Motor India Ltd are set to start trading in Mumbai on Tuesday, after a US$3.3 billion (RM14.3 billion) initial public offering (IPO) that was the South Asian nation’s largest ever.

Hyundai Motor India set to debut after nation’s largest-ever IPO

The trading debut of Tokyo Metro Co, which runs one of the world’s largest subway systems, will test the bull case for the Japanese stock market as its biggest listing in six years.

The initial public offering (IPO) of Tokyo Metro, which runs an extensive network of underground train services in the world’s most-populous metropolitan area, raised ¥348.6 billion (US$2.3 billion or RM10.0 billion) as investors were attracted by its reputation for safety and reliability. The sale is a key gauge of appetite for Japanese shares just days before a crucial election that may shape expectations for further interest-rate rises.

Tokyo Metro’s listing to test appetite for Japanese stocks

Central Huijin Investment Ltd, a unit of China’s sovereign wealth fund that has at times bought equity to stabilise the stock market, issued bonds that pushed its total local debt sales this year to a record.

China wealth fund issues record US$29 bil of bonds this year

Beverage manufacturer Life Water Bhd has launched its initial public offering (IPO) that would raise RM81.87 million for its listing on the Main Market.

Priced at 65 sen per share, the IPO would give the Sabah-based company a market capitalisation of RM307.57 million, nearly 11 times the net profit for the financial year ended June 30, 2024 (FY2024), according to the prospectus unveiled on Tuesday.

Life Water starts accepting IPO applications from investors for RM82m Main Market listing

Asian stocks turned lower and the dollar stood by multi-month peaks on Tuesday, as a sharp sell-off in bonds and a jump in gold suggested investors are hunkering down ahead of the US election.

Benchmark 10-year Treasury yields rose 11 basis points (bps) overnight and a further 1 bp in early Asian trade to 4.19%. Gold hit a record high just above US$2,740 (RM11,846) an ounce on Monday and traded at US$2,725 early on Tuesday.

Bonds and Asian stocks slide, gold steady, as US election looms

Facebook parent company Meta Platforms Inc will start using facial recognition technology to crack down on scams that use pictures of celebrities to look more legitimate, a strategy referred to as “celeb-bait ads”.

Scammers use images of famous people to entice users into clicking on ads that lead them to shady websites, which are designed to steal their personal information or request money. Meta will start using facial recognition technology to weed out these ads by comparing the images in the post with the images from a celebrity’s Facebook or Instagram account.

Meta to use facial recognition to fight fake celebrity scams

Petroliam Nasional Bhd (Petronas)&nbsp;is considering selling a minority stake in renewable energy firm Gentari Sdn Bhd&nbsp;to help expand the business, according to people with knowledge of the matter.

The state-owned energy company is working with an adviser, and has drawn interest from infrastructure funds and industry peers, the people said, asking not to be identified as the process is private.&nbsp;

Petronas could sell minority stake in renewable energy unit Gentari to help expand business — Bloomberg

Asian stocks turned lower and the dollar stood by multi-month peaks on Tuesday, as a sharp sell-off in bonds and a jump in gold suggested investors are hunkering down ahead of the US&nbsp;election.

Benchmark 10-year Treasury yields rose 11 basis points (bps) overnight and a further 1 bp in early Asian trade to 4.19%. Gold hit a record high just above US$2,740 (RM11,846) an ounce on Monday and traded at US$2,725 early on Tuesday.

Bursa Malaysia Bhd (KL:BURSA) is expected to report a sequential decline in third-quarter earnings, amid lower trading volume and higher expenses, said CIMB Securities.

Net profit for the third quarter ended Sept 30, 2024 (3QFY2024) may have declined as much as 11% to RM71.3 million, as average daily volume fell and the cost-to-income rose, CIMB said in an earnings preview note. The stock exchange operator will also book lower operating profit margins in the derivatives market, the house said.

Bursa may report 11% sequential dip in 3Q earnings as volume slips, costs rise — CIMB

The proposal to lower the&nbsp;threshold of consent from strata owners under the proposed Urban Renewal Act (URA) aims to protect the rights of strata property owners, according to Housing and Local Government Minister Nga Kor Ming.

Lower strata consent threshold under Urban Renewal Act to protect rights of property owners, says Nga

Stocks took a breather after notching their longest weekly rally this year, with traders gearing up for key earnings reports from Tesla Inc&nbsp;to Boeing Co&nbsp;and United Parcel Service Inc (UPS).

Following a relentless advance to all-time highs, equities dropped from nearly overbought levels. In another sign of how greed has trumped fear, the S&amp;P 500 hasn’t suffered back-to-back losses in about 30 sessions. While a month with no consecutive down days may not sound like much, the current streak ranks among the very best since 1928, according to data compiled by SentimenTrader.

US stocks fall from record as earnings set to pick up

Great Eastern now has till Jan 24, 2025&nbsp;to comply with the free float rule. The extension was announced on Monday, two days before the company’s previous deadline of Oct 23.

Great Eastern to have till January 2025 to comply with free float rule

European natural gas prices surged to €40 (RM186) per megawatt-hour as tensions in the Middle East generated a fresh wave of market volatility.

Benchmark futures settled 2.1% higher on Monday, following gains for oil and offsetting last&nbsp;Friday’s losses. Markets are bracing for a possible escalation in hostilities between Israel and Iran that could spark a wider regional conflict, potentially affecting supplies of the heating fuel.

European natural gas prices jump as Israel prepares response following attacks

Beverage manufacturer Life Water Bhd has launched its initial public offering (IPO) that would raise RM81.87 million for its listing on the Main Market.

Priced at 65 sen per share, the IPO would give the Sabah-based company a market capitalisation of RM307.57 million, nearly 11 times the net profit for the financial year ended June 30, 2024 (FY2024), according to the prospectus unveiled on Tuesday.

Four US Federal Reserve (Fed) policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go.

Three of them, citing the strength of the economy and an uncertain outlook, expressed a preference for going slow, using words like "modest" and "gradual" to describe their views on the right pace of rate cuts.

Four Fed policymakers favour more rate cuts, but differ on pace

The chances that Federal Reserve officials will leave interest rates unchanged in November are mounting as the US economy powers ahead, according to Torsten Slok, chief economist at Apollo Management.

Apollo’s Slok sees rising chance Fed holding rates in November

US&nbsp;Secretary of State Antony Blinken headed to the Middle East on Monday to launch another push for an elusive ceasefire, seeking to revive negotiations to end the Gaza war and defuse the spillover conflict in Lebanon.

Blinken heads to Middle East for new ceasefire push as Israel strikes Beirut

Australia said on Tuesday it would bolster air and missile defence in a A$7 billion (US$4.7 billion or RM20.2&nbsp;billion) deal with the US to acquire SM-2 IIIC and SM-6 long-range missiles for its navy.

Australia says US$4.7b long-range missile deal to boost deterrence

The current status of the government's efforts to eradicate extreme poverty and the mechanisms used to determine the categories are among the highlights of Tuesday's Dewan Rakyat session.

Efforts to eradicate extreme poverty among focus of Parliament for the day

Global sugar supplies are seen shrinking to the lowest level in six years in early 2025, as drought hampers production in top exporter Brazil, according to commodities trader Czarnikow Group Ltd.&nbsp;

Extreme dryness has eroded sugar-cane crop conditions, limiting mills’ ability to produce sugar in the latter months of the current season and signalling a delayed start to next year’s harvest, Pedro Mizutani, Czarnikow's head of raw sugar trading, said during a conference in Sao Paulo.

Sugar supplies seen dwindling to lowest in years in early 2025

Australia’s wine exports jumped by more than a third, boosted by an increase in shipments to China after the Asian nation lifted tariffs.

The value of shipments in the year through September rose 34% to A$2.4 billion (US$1.6 billion or RM6.9&nbsp;billion), its highest since the 12 months through August 2021, according to&nbsp;Wine Australia. That follows a recovery in supply to China and Hong Kong after Beijing in&nbsp;late March&nbsp;lifted punitive tariffs of as much as 218% on Australian wine put in place three years earlier.

Australian wine exports jump by a third as China resumes buying

A Peruvian judge has sentenced former president Alejandro Toledo to 20 years and six months in prison for having received an eight-figure bribe tied to the construction of a highway project.

The sentence is a key milestone for Peru, its first presidential conviction after launching a corruption crackdown last decade in the wake of a sprawling graft scandal involving Brazilian builder Odebrecht SA.

Peru sentences ex-leader Toledo to prison over US$35m bribe

Facebook parent company Meta Platforms Inc&nbsp;will start using facial recognition technology to crack down on scams that use pictures of celebrities to look more legitimate, a strategy referred to as “celeb-bait ads”.

Scammers use images of famous people to entice users into clicking on ads that lead them to shady websites, which are designed to steal their personal information or request money. Meta will start using facial recognition technology to weed out these ads by comparing the images in the post with the images from a celebrity’s Facebook or Instagram account.&nbsp;

（吉隆坡22日讯）联昌国际证券表示，由于成交量下跌及开销增加，预计大马交易所（Bursa Malaysia Bhd）（KL:BURSA）第三季净利将按季下降。

成交量下跌及成本上升 马交所第三季净利或按季下降11%

Central Huijin Investment Ltd, a unit of China’s sovereign wealth fund that has at times bought equity to stabilise the stock market, issued bonds that pushed its total local debt sales this year to a record.

The trading debut of Tokyo Metro Co, which runs one of the world’s largest subway systems, will test the bull case for the Japanese stock market as its biggest listing in six years.

The initial public offering (IPO) of Tokyo Metro, which runs an extensive network of underground train services in the world’s most-populous metropolitan area, raised ¥348.6 billion (US$2.3 billion or RM10.0 billion) as investors were attracted by its reputation for safety and reliability. The sale is a key gauge of appetite for Japanese shares just days before a crucial&nbsp;election&nbsp;that may shape expectations for further interest-rate rises.