<div class=newsTextDataWrapInner><p>(Aug 27): JD.com said on Tuesday its board has approved a new US$5 billion (RM21.7 billion) share repurchase programme, effective September, allowing the Chinese e-commerce giant to buy back its stock over the next 36 months.</p></div>

<div class=newsTextDataWrapInner><p>US-listed shares of the company jumped 5.1% in pre-market trading.</p></div>

<div class=newsTextDataWrapInner><p>JD.com is staring at stiff competition in the Chinese e-commerce sector, with all major companies ramping up promotions and discounts to woo cash-strapped consumers amid muted recovery in the world's second-largest economy.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Earlier this month, big-box retailer Walmart sold its entire roughly US$3.7 billion stake in JD.com, ending an eight-year investment in the company as it was yielding waning returns.</p></div>

<div class=newsTextDataWrapInner><p><i>Uploaded by Magessan Varatharaja</i></p></div>


JD.com said on Tuesday its board has approved a new US$5 billion (RM21.7 billion) share repurchase programme, effective September, allowing the Chinese e-commerce giant to buy back its stock over the next 36 months.

China's JD.com announces US$5b share buyback plan

(Nov 23): The US government’s debt load is now seen as the biggest risk to financial stability, outweighing persistent inflation in a Federal Reserve survey.

“Concerns surrounding US fiscal debt sustainability were atop the list this survey, followed by escalating tensions in the Middle...

US debt load tops Fed’s survey of financial stability risks

Indian Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) and its ally scored a landslide victory in Maharashtra, the country's richest state, while the opposition bloc performed strongly in Jharkhand, a mineral-rich region.

Modi's BJP wins richest state of India in elections; opposition retains mineral-rich region

Nato secretary general Mark Rutte met US President-elect Donald Trump in Florida as Europe waits apprehensively to see how the next administration will approach the war in Ukraine.

Nato’s Rutte meets Trump in Florida amid fears over Ukraine aid

There is still no evidence to show that the pollution at Pantai Esen in Permatang Damar Laut, Batu Maung near here is due to reclamation works for the man-made Silicon Island.

No evidence Pantai Esen pollution due to Silicon Island reclamation works — exco

China's Huawei, blacklisted by the US, said on Saturday it is targeting 100,000 applications for its Harmony operating system (OS) in coming months as it seeks widespread help to achieve self-reliance.

Huawei aims 100,000 apps on Harmony OS in six to 12 months

Prime Minister Datuk Seri Anwar Ibrahim reaffirmed the Madani government's commitment to prioritising the welfare of the people across all states, including those led by the opposition, by steadily increasing their allocations.

Govt committed to raising allocations to all states — PM

The founding family of Japan's Seven & i Holdings has approached KKR & Co and other investment firms about participating in the potential buyout of the retailer, the Nikkei newspaper reported on Saturday.

Seven & i founding family sounded out KKR, others about buyout — Nikkei

The European Union (EU), US and other wealthy countries at the COP29 climate summit have agreed to raise their offer of a global finance target to US$300 billion (RM1.34 trillion) per year by 2035, sources told Reuters on Saturday.

Wealthy countries back raising COP29 climate deal to US$300b, Reuters reports

The Selangor State Development Corporation (PKNS) is set to launch about 12 projects with a gross development value (GDV) of RM1.5 billion in 2025, reflecting its commitment to advancing Selangor’s property market, said group chief executive officer Datuk Mahmud Abbas.

PKNS to launch property projects with RM1.5b GDV in 2025

The assistance provided to the people, including the Sumbangan Tunai Rahmah (STR) cash aid, has increased during the first two years of the Madani government's administration, according to Prime Minister Datuk Seri Anwar Ibrahim.

Increased assistance provided to M'sians under Madani govt, says Anwar

<p>(Nov 23): The US government’s debt load is now seen as the biggest risk to financial stability, outweighing persistent inflation in a Federal Reserve survey.</p>

<p>“Concerns surrounding US fiscal debt sustainability were atop the list this survey, followed by escalating tensions in the Middle...