<div class=newsTextDataWrapInner>SINGAPORE (Oct 10): Singapore’s Court of Appeal has upheld the convictions of John Soh Chee Wen and Quah Su-Ling, sealing their fate as the masterminds behind the largest securities fraud in the history of the Asian financial hub.</div>

<div class=newsTextDataWrapInner>The pair were found guilty in 2022 of running a syndicate that artificially inflated the share prices of Blumont Group, Asiasons Capital and Liongold Corp — collectively described in court documents as BAL.</div>

<div class=newsTextDataWrapInner>Soh and Quah, both Malaysians, challenged the ruling. The appeal hearing kicked off on March 3 this year and lasted four days over two tranches, which concluded ...&nbsp; <a href="https://www.theedgesingapore.com/news/2013-penny-stock-crash/penny-stock-masterminds-lose-bid-overturn-convictions" target="_blank">(click here for the full story on theedgesingapore.com)</a> 
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Singapore’s Court of Appeal has upheld the convictions of John Soh Chee Wen and Quah Su-Ling, sealing their fate as the masterminds behind the largest securities fraud in the history of the Asian financial hub.

Penny stock masterminds lose bid to overturn convictions

A special committee should be established under the Technical Committee of the Malaysia Agreement 1963 Implementation Action Council (MTPMA63) to study the proposal to increase Sabah and Sarawak’s representation in Parliament.

Special committee needed to study parliamentary seat increase for Sabah, Sarawak — minister

China said on Saturday it had agreed with the US on a US$30 billion (RM122 billion) reciprocal tariff-reduction arrangement and on launching a dialogue on artificial intelligence (AI), under an eight-point consensus reached during President Xi Jinping's visit to Washington.

China says consensus reached with US includes US$30b tariff cut, AI dialogue

Kerjaya Prospek Property Bhd (KL:KPPROP) launched its latest residential project, AndaBreeze, in Batu Kawan, Penang, bringing the developer’s total gross development value (GDV) of ongoing projects to about RM2 billion.

Kerjaya Prospek Property launches AndaBreeze, takes ongoing GDV to RM2 bil

Limousines whisked world leaders away from the United Nations (UN) on Friday after a week of speeches, meetings and hallway diplomacy.

Six big takeaways from a turbulent week of UN diplomacy

Prime Minister Datuk Seri Anwar Ibrahim has yet to receive Transport Minister Anthony Loke Siew Fook’s resignation letter.

Anwar says yet to receive letter on Loke's resignation as transport minister

Asset World Corp Pcl’s new Thai Real Estate Investment Trust (REIT) aims to raise at least US$1 billion (RM4.07 billion) through a listing as it seeks funds to expand its hotel and commercial property business, according to a senior executive.

Thai billionaire Charoen’s Asset World targets US$1 bil REIT IPO

The government will announce more decisive measures to ensure graduates secure jobs that match their qualifications and receive fair wages in Budget 2027, which will be tabled on Oct 9.

Govt to announce firm measures under Budget 2027 for fair wages — PM

Swiss Finance Minister Karin Keller-Sutter downplayed a suggestion that UBS Group AG could quit Switzerland to avoid stricter capital rules there, saying such a move would be more expensive than to stay.

Swiss finance minister says leaving Switzerland more costly for UBS

Kuehne+Nagel International AG sees at least three years of double-digit growth in the burgeoning business of logistics services catering to big technology companies and the data centres they’re building to handle the boom in artificial intelligence (AI).

Kuehne+Nagel CEO expects to ride AI-driven cargo wave into 2029

Bangkok authorities declared a flood disaster across the Thai capital on Saturday after almost 48 hours of heavy rain left canals full, roads submerged and residents wading through deep water.

Canals full, roads submerged as Bangkok declares flood disaster

The decision on the abolition of the 30% Bumiputera equity requirement for private educational institutions (IPS) falls under the purview of the relevant ministry in accordance with its jurisdiction, said Economy Minister Akmal Nasrullah Mohd Nasir.

Private educational institutions' 30% Bumiputera equity requirement abolished under relevant ministry's purview — Akmal Nasrullah

Asset World Corp Pcl’s new Thai Real Estate Investment Trust (REIT) aims to raise at least US$1 billion (RM4.07 billion) through a listing as it seeks funds to expand its hotel and commercial property business, according to a senior executive.

China said on Saturday it had agreed with the US on a US$30 billion (RM122&nbsp;billion) reciprocal tariff-reduction arrangement and on launching a dialogue on artificial intelligence (AI), under an eight-point consensus reached during President Xi Jinping's visit to Washington.

US President Donald Trump warned Chinese President Xi Jinping against providing support to Iran during talks in Washington this week and received assurances that China would not do so, the US ambassador to China said on Friday.

Trump said to receive assurances after warning China against supporting Iran

Barisan Nasional (BN) will begin negotiations&nbsp;with two different&nbsp;groups next week on cooperation for the Melaka state election, said its chairman Datuk Seri Dr Ahmad Zahid Hamidi.

Melaka polls: BN to hold separate talks with two groups next week

Kerjaya Prospek Property Bhd (KL:KPPROP) launched its latest residential project, AndaBreeze, in Batu Kawan, Penang, bringing the developer’s total gross development value (GDV) of ongoing projects to about RM2 billion.

The Ministry of Entrepreneur and Cooperatives Development has channelled nearly RM10 billion through various support and financing programmes under the ‘Power Up 10K’ initiative to about 270,000 entrepreneurs nationwide as of the end of August.

Steven Sim: RM10b channelled to 270,000 entrepreneurs as of August

The debate over artificial intelligence and employment has become preoccupied by a false choice. One side predicts large-scale job destruction; the other notes that aggregate data still show little. Both observations can be true. While AI’s economy-wide employment effects remain limited, the conditions for disruption are already emerging at the level of tasks, firms, and early careers. Given this, waiting for clear evidence that the shock has arrived would be a mistake. The data that eventually settle the argument may arrive only after the opportunity to shape the outcome has passed.

The New Global Economy: AI and the Broken Career Ladder

Swiss Finance Minister Karin Keller-Sutter downplayed a suggestion that UBS Group AG could quit Switzerland to avoid stricter capital rules there, saying such a move would be more expensive than to stay.

Kuehne+Nagel International AG sees at least three years of double-digit growth in the burgeoning business of logistics services catering to big technology companies and the data centres they’re building to handle the boom in artificial intelligence (AI).

The White House has offered assurances that the Trump administration won’t ban US diesel exports, Senator Ted Cruz told refining industry leaders late on Friday.

Refining industry leaders told White House won't ban diesel exports

The government will announce more decisive measures to ensure graduates secure jobs that match their qualifications and receive fair wages in Budget 2027, which will be tabled on Oct 9.

Bangkok authorities declared a flood disaster across the Thai capital on Saturday after almost 48 hours of heavy rain left canals full, roads submerged and residents wading through deep water.

China agreed to import at least 10 million metric tons of coal from the US next year and again in 2028, according to the White House, in a sign of further progress in easing trade frictions between the world’s two largest economies.

US says China to buy 10 mil tons of coal in 2027, 2028

Prime Minister Datuk Seri Anwar Ibrahim has yet to receive Transport Minister Anthony Loke Siew Fook’s resignation letter.

Limousines whisked world leaders away from the United Nations (UN) on Friday after a week of speeches, meetings and hallway diplomacy.

The US and China will set up a "communication channel" for artificial intelligence (AI) incidents, the White House said on Friday.

US to set up 'communication channel' with China for AI incidents

Running event organisers in the capital are being told to standardise their routes with the Kuala Lumpur City Hall (DBKL) and the Royal Malaysian Police (PDRM) to curb&nbsp;disruptions to the city with endless road closures.

Standardise running routes with DBKL, police to curb city disruption — minister

The Communications Ministry, through the Malaysian Communications and Multimedia Commission (MCMC), will help the Health Ministry (MOH) provide free postal delivery of medicines to patients who opt for the service from Oct 1.

Govt to cover postal delivery costs for medicines from Oct 1, says Fahmi

Putrajaya must first work out the one-third formula for Sabah and Sarawak representation in the Dewan Rakyat before adding any parliamentary seats.