<div class=newsTextDataWrapInner>(Jan 8): Micron Technology Inc is investing US$7 billion (RM31.5 billion) over the next several years to expand its manufacturing footprint in Singapore, as artificial intelligence boosts demand for advanced memory chips.</div>

<div class=newsTextDataWrapInner>The US company broke ground on a new facility in the city-state on Wednesday, saying the plant is set to start operating in 2026. It will be used to package high-bandwidth memory chips, a type widely seen in AI data centers, and create about 1,400 jobs.</div>

<div class=newsTextDataWrapInner>Micron is among chipmakers and other technology companies betting on Southeast Asia, seeking new markets and expanding their operations beyond China and Taiwan to lessen their exposure to tensions between Washington and Beijing. NXP Semiconductors NV and a firm backed by Taiwan Semiconductor Manufacturing Co are building a US$7.8 billion wafer plant in Singapore.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>“The launch of this facility will further strengthen Singapore’s local semiconductor ecosystem and innovation,” Micron said in a statement. “Micron’s future expansion plans in Singapore will also support long-term manufacturing requirements for NAND,” the company said, referring to semiconductors that store information in everything from data-center computers to smartphones.</div>

<div class=newsTextDataWrapInner>Uploaded by Magessan Varatharaja</div>

Micron Technology Inc is investing US$7 billion (RM31.5 billion) over the next several years to expand its manufacturing footprint in Singapore, as artificial intelligence boosts demand for advanced memory chips.

Micron to spend US$7b building Singapore memory chip plant

Grab Malaysia remains committed to fostering inclusivity, economic empowerment and sustainability focusing on providing opportunities for Persons With Disabilities (PWDs) and women in the gig economy.

Its managing director Adelene Foo said Grab Malaysia remains steadfast in providing economic empowerment for individuals from all walks of life to build a future where everyone, regardless of background or ability, has the opportunity to thrive.

Grab Malaysia provides opportunities for Persons With Disabilities, women in gig economy

Despite being known as a consummate gentleman, Datuk Seri Najib Razak told the High Court here on Friday that he didn't send thank-you notes or express any gesture of gratitude after receiving donations from the Arab royalty.

1MDB-Tanore: Why no thank-you note to Saudi donors? Prosecution takes aim at consummate gentleman Najib's 'bad manners'

Malaysia’s unemployment rate held steady in November last year, as the number of jobless people decreased while the labour force expanded, latest data showed. 

The unemployment rate remained at 3.2%, with the number of unemployed individuals decreasing further to 546,700 from 551,400 in the previous month.

Malaysia's unemployment rate steady last November

Oriental Kopi Holdings Bhd (KL:KOPI) could deliver a strong share price gain with above-peer valuations backed by robust earnings growth, according to two research houses starting coverage of the soon-to-be-listed café operator.

Oriental Kopi may deliver strong share price gain after IPO; Apex, Tradeview start coverage with ‘buy’

Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the clean hydrogen energy collaboration project between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) could be facilitated by May this year.

Anwar hopes Petronas, Petros hydrogen venture can meet May deadline for facilitation

Earth’s warming exceeded 1.5°C on an annual basis for the first time in 2024, according to two major climate science agencies. It’s the most potent evidence yet that countries are failing to meet a Paris Agreement goal of limiting global heating to that level as a decades-long average.

Hottest year ever sees world breach 1.5°C global warming target

Malaysia's palm oil stocks declined for a third consecutive month, falling 6.91% to 1.71 million tonnes at the end of December, data from the industry regulator showed on Friday.

MPOB: Malaysia end-December palm oil stocks fall 6.91%

(Jan 10): Billionaire Elon Musk expressed doubt that his government efficiency panel in President-elect Donald Trump’s incoming administration will actually be able to achieve $2 trillion in cuts to the US federal budget, backtracking from a lofty target that the tech entrepreneur himself ha...

Musk now skeptical DOGE effort can cut $2 trillion from budget

Maybank Investment Bank Bhd (Maybank IB) believes the Malaysian consumer sector is poised for a strong year in 2025, driven by robust macroeconomic factors and government assistance that are expected to boost disposable income, improving consumer sentiment and spending capacity.

Maybank IB: Malaysian consumer sector poised for strong year in 2025

FRANKFURT (Jan 9): Just as Britain and the United States come under pressure from investors worried about growing debt and sticky inflation, the euro zone seems to be largely escaping the market's wrath -- even if the reasons behind that calm are not all pleasant.

The UK and U...

For good reasons and bad, global bond wobble passes over euro zone

Malaysia’s benchmark FBM KLCI registered a strong 12.58% gain in 2024 — marking its best performance in 14 years — as the country saw a sharp recovery in investor sentiment after a prolonged period of political uncertainties, lifted by strong investment activity and trade activities.

2025 outlook: The key sectors to watch

Nvidia Corp criticised new chip export restrictions that are expected to be announced soon, saying the White House was trying to undercut the incoming Trump administration by imposing last-minute rules.

Nvidia slams Biden for trying to ‘pre-empt’ Trump with policy

Shares of Gamuda Bhd (KL:GAMUDA) could potentially climb as much as 62% from the last price if its market value catches up with the size of its order book, CGS International said on Friday.

Gamuda share price could trade over RM8 if market value catches up with order book — CGS

The US restriction of artificial intelligence (AI) chip exports may lead to a sector-wide slowdown, affecting the entire supply chain in the semiconductor industry, according to RHB Investment Bank.

US AI chip export curbs may lead to sector-wide slowdown — analysts

Gamuda Land and Public Bank Bhd (KL:PBBANK) have introduced Malaysia’s first flexible 120% home financing package, the PB SmartLiving scheme, offering new levels of accessibility and affordability for homebuyers.

Gamuda Land, Public Bank unveil Malaysia's first 120% home financing plan

Risks are building up towards an earlier rate hike due to Malaysia's removal of RON95 petrol subsidies, according to BMI, a Fitch Solutions company, though it officially forecasts the rate to remain unchanged this year.

BMI says Malaysia's planned RON95 subsidy removal heightens rate hike risk, but keeps OPR target at 3%

Japan to be involved with REE processing in Malaysia — Anwar
...

Japan to be involved with REE processing in Malaysia — Anwar

Wall Street futures fell in Asia and treasury yields held near eight-month highs on Friday as investors counted down to a US jobs report that could exacerbate or ease the sell-off in the global bond market.

Stocks fall, US yields near eight-month highs ahead of jobs data

Japan's Prime Minister Shigeru Ishiba, currently on a two-day official visit to Malaysia, was accorded a formal welcoming ceremony at the Perdana Putra Complex on Friday.

Japanese PM accorded official welcome at Perdana Putra

Oriental Kopi Holdings Bhd (KL:KOPI) could deliver a strong share price gain with above-peer valuations backed by robust earnings growth, according to two research houses starting coverage of the soon-to-be-listed café operator.

Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) has reached the final investment decision for the development of the Hidayah field offshore East Java, Indonesia.

Petronas reaches final investment decision to develop Hidayah field off Indonesia

Sime Darby Property Bhd (KL:SIMEPROP) said on Friday it has fully acquired two modern double-storey logistics warehouses in Bandar Bukit Raja, Selangor for RM232 million.

Sime Darby Property fully acquires Bandar Bukit Raja warehouses for RM232 mil

President-elect Donald Trump said a meeting with Russian President Vladimir Putin is being set up.

At a meeting with Republican governors at Trump’s Mar-a-Lago club, the incoming president told a reporter that Putin “wants to meet” and added, “we’re gonna — we’re setting it up.” Any such meeting, were it to happen, would come after he’s inaugurated as president, Trump said.

Trump says meeting with Putin is being arranged

Shares of Bloks Group Ltd, the popular Chinese maker of Ultraman and Transformers figurines, surged 82% in their Hong Kong trading debut after the company’s US$215 million (RM966.68 million) initial public offering (IPO) drew overwhelming demand from individual investors.

Ultraman toymaker Bloks jumps 82% in HK after frenzy over IPO

Chinese property developers are starting 2025 facing liquidation petitions and mountains of debt as the nation’s real estate crisis enters its fifth year with little sign of improvement.

Just this week, defaulted Chinese builder Sunac China Holdings Ltd received another winding-up petition. While the company successfully restructured its offshore debt in 2023, concerns about its ability to meet payment obligations have pushed its stock and bond prices to the lowest level in months.

Chinese developers begin new year with deepening debt woes

China's central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at defending a falling currency.

China's central bank halts bond buying, possibly with eye on yuan

Outgoing US Vice-President Kamala Harris has decided to cancel her upcoming trip to Singapore, Bahrain and Germany due to wildfires in Los Angeles and around it, the White House said in a statement, reported Sputnik/RIA Novosti.

Harris cancels upcoming trip to Singapore, Bahrain and Germany due to Los Angeles wildfires

Hong Kong’s residential property market is set to finally turn a corner after a three-year slump as lower interest rates draw more buyers, according to analysts. Just don’t expect prices to grow much.

Hong Kong housing analysts predict a market bottom this year

Airbus SE expects to return to delivery levels last seen before the pandemic in the “foreseeable future” as the planemaker presses its advantage against a weakened rival Boeing Co and benefits from surging aircraft demand.

Airbus says return to pre-Covid delivery highs is within reach

Several Federal Reserve officials confirmed Thursday the US central bank will likely hold interest rates at current levels for an extended period, only cutting again when inflation meaningfully cools.&nbsp;

Boston Fed President Susan Collins said Thursday a slower approach to adjusting interest rates is merited now as officials confront “considerable uncertainty” over the US economic outlook.