<div class=newsTextDataWrapInner><p>(Nov 15): Singapore’s sovereign wealth fund GIC Pte Ltd believes in the long-term potential of the US&nbsp;and will continue to invest there, even as geopolitical rivalries heat up, according to former prime minister and GIC chairman Lee Hsien Loong.</p></div>

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<div class=newsTextDataWrapInner><p>More than a third of GIC’s global portfolio is in the US, Lee said&nbsp;in a speech&nbsp;in New York on Wednesday (Nov 13). GIC’s total portfolio saw an average annual return of about 4% over the past 20 years, above the global inflation rate, he said.</p></div>

<div class=newsTextDataWrapInner><p>GIC also seeks to maintain US assets as a substantial part of its overall portfolio, Lee said. “We have every confidence that this is the correct choice for a fund taking a long-term perspective.”</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>
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(Nov 15): Singapore’s sovereign wealth fund GIC Pte Ltd believes in the long-term potential of the US and will continue to invest there, even as geopolitical rivalries heat up, according to former prime minister and GIC chairman Lee Hsien Loong.

Singapore’s GIC to keep investing in US, chairman Lee Hsien Loong says

Fresh from having charges dropped in one criminal case, former prime minister Datuk Seri Najib Razak is back again in court, this time defending himself in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial.

1MDB-Tanore: Najib takes stand in his defence

The foreign labour market is a lucrative business in Malaysia. Every year, up to 2.7 million foreign workers come into the country seeking employment legally

Alternative Views: How a lucrative immigration IT system survived five prime ministers and is poised to rake in billions

Last Wednesday (Nov 27), Fahmi Fadzil told the Dewan Rakyat that when he took over as minister of communications and digital, it appeared as if neither the people in the ministry nor the Malaysian Communications and Multimedia Commission (MCMC) knew about the happenings within Digital Nasional Bh...

Frankly Speaking: Clear the air on DNB after conflicting statements

Local investors are provided with an array of choices when it comes to investing in alternative asset classes. But what about investing in tiny houses of 139 sq ft on wheels, like caravans?

TheWall: Alternative Investment: Investing in tiny houses

Press Metal Aluminium Holdings Bhd (KL:PMETAL) jumped on Monday to its highest in more than one month, after the group's third-quarter results beat analysts' expectations last Friday, boosted by higher aluminium prices.

Press Metal shares top one-month high after 3Q surprise, boosted by aluminium prices

KUALA LUMPUR (Dec 2): Sime Darby Property Bhd (KL:SIMEPROP) said it has signed an agreement for a 20-year lease of data-centre facilities to Pearl Computing Malaysia Sdn Bhd for up to RM5.6 billion, beginning as early as 2027.

SimeProp inks data-centre lease agreement worth up to RM5.6b

Asian stocks rose for a second day, following gains on Wall Street last Friday. The dollar strengthened after US President-elect Donald Trump told BRICS nations not to create a currency to rival the greenback.

Asian stocks follow US gains; Treasuries drop

KUALA LUMPUR (Dec 2): The dropout issue, the achievements of the Malaysian Education Blueprint 2015-2025 (Higher Education), and the services of automatic passport scanning machines at all national entry points will be topics to be discussed in the Dewan Rakyat on Monday.

Dropout issue, autogates at national entry points focus of Dewan Rakyat on Monday

CGS International views the recent lacklustre market performance as an excellent buying opportunity, as it sees potential price-earnings (P/E) expansion going into 2025.

CGS sees market dip as prime buying opportunity, predicts P/E growth by 2025

KUALA LUMPUR (Dec 2): The MadanI Government’s determination and efforts to combat cybercrime in ensuring online safety take a significant step forward with the tabling of two related bills in the Dewan Rakyat on Monday.

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<p>Press Metal Aluminium Holdings Bhd (KL:PMETAL) jumped on Monday to its highest in more than one month, after the group's third-quarter results beat analysts' expectations last Friday, boosted by higher aluminium prices.</p>


<p>Asian stocks rose for a second day, following gains on Wall Street last Friday. The dollar strengthened after US President-elect Donald Trump told BRICS nations not to&nbsp;create a currency&nbsp;to rival the greenback.</p>


<p>KUALA LUMPUR (Dec 2): LBS Bina Bhd (KL:LBS) surged in early trade on Monday, after the group declared special dividends, subsequent to&nbsp;posting quarterly earnings which were boosted by a one-off disposal gain.</p>


LBS surges in early trade after disposal gain boosts earnings and special dividends

<p>KUALA LUMPUR (Dec 2): In November, the Malaysian manufacturing sector experienced a slowdown as demand conditions remained subdued, according to a statement by S&amp;P Global on Monday.</p>


Malaysian manufacturing saw eased production and new orders in November, while exports rose — S&P Global PMI

<p>CGS International views the recent lacklustre market performance as an excellent buying opportunity, as it&nbsp;sees potential price-earnings (P/E) expansion going into 2025.&nbsp;</p>


<p>JPMorgan Chase &amp; Co&nbsp;is turning its back on a trend that’s been embraced by many of its Wall Street peers.</p>


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<p>Investors are scrambling to decide if Donald Trump’s impending return to the White House will sustain or derail the rally in emerging-market (EM) bonds witnessed under Joe Biden.</p>


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<p>Fresh from having charges dropped in one criminal case, former prime minister Datuk Seri Najib Razak is back again in court, this time defending himself in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial.</p>


<p>KUALA LUMPUR (Dec 2): Sime Darby Property Bhd (KL:SIMEPROP) said it has signed an agreement for a 20-year lease of data-centre facilities to Pearl Computing Malaysia Sdn Bhd for up to RM5.6 billion, beginning as early as 2027.</p>


<p>Bangladesh wants to sharply lower prices under a power purchase deal with India's embattled&nbsp;Adani&nbsp;Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal, its de facto energy minister told <em>Reuters </em>on Sunday.</p>


Bangladesh wants to renegotiate Adani power deal unless court cancels

<p>Macau’s gaming revenue rose 14.9% in November, exceeding analysts’ expectations in a month that’s typically slow due to a lack of holidays.&nbsp;</p>


Macau's gaming revenue up 14.9% in November, above estimates

<p>KUALA LUMPUR (Dec 2): The MadanI Government’s determination and efforts to combat cybercrime in ensuring online safety take a significant step forward with the tabling of two related bills in the Dewan Rakyat on Monday.</p>


<p>The foreign labour market is a lucrative business in Malaysia. Every year, up to 2.7 million foreign workers come into the country seeking employment legally</p>


<p>This will be a relatively quiet week, perhaps, except for the scheduled testimony of Datuk Seri Najib Razak in his 1Malaysia Development Bhd (1MDB) trial, without any major events in Malaysia. In the region, however, several countries will announce their third-quarter gross domestic product (GDP)...

The Week Ahead: Attention on Najib’s testimony, regional inflation and economic data

<p>Bank Negara Malaysia has been urged to step in over excessive hikes in medical and health insurance premiums because of the persistent medical cost inflation over a number of years now.</p>

<p>In response to the public uproar, the central bank called for insurers and takaful players to be “mor...

Frankly Speaking: Holistic approach needed to address rising insurance premiums

<p>TOKYO (Dec 2): Japanese corporate spending on plant and equipment rose 8.1% year-on-year in the third quarter, the country's Ministry of Finance data showed on Monday, signalling that solid domestic demand was underpinning the country's fragile economic recovery.</p>


Japan's stronger 3Q corporate capex points to solid domestic demand

<p>KUALA LUMPUR (Dec 2): The dropout issue, the achievements of the Malaysian Education Blueprint 2015-2025 (Higher Education), and the services of automatic passport scanning machines at all national entry points will be topics to be discussed in the Dewan Rakyat on Monday.</p>


<p>On the face of it, Nationgate Holdings Bhd (KL:NATGATE), which is an electronic manufacturing services (EMS) provider, registered a record profit in its latest quarterly results. However, closer scrutiny reveals that the Penang-based company’s profit was actually helped by unrealised foreign curr...

Frankly Speaking: Looking beyond Nationgate’s numbers

<p>（吉隆坡2日讯）林木生集团（LBS Bina Bhd）（KL:LBS）宣布派发特别股息，加上脱售资产获得一次性收益推高了季度净利，提振股价今早走高。</p>


净利大涨兼派特别股息 林木生集团股价走高

<p>Connoisseurs of modern designer furniture need no introduction to the Archibald, Poltrona Frau’s iconic collection of seatings designed by Jean-Marie Massaud</p>
