<div class=newsTextDataWrapInner><p>SINGAPORE (July 1): Indonesia's sovereign wealth fund and its partners have invested 74.5 trillion rupiah (US$4.2 billion or RM17.2 billion) in the country since the fund began operations five years ago, the Indonesia Investment Authority said on Wednesday.</p></div>

<div class=newsTextDataWrapInner><p>INA said its own investments reached 33.3 trillion rupiah, while foreign direct investment linked to its deals totalled 41.2 trillion rupiah.</p></div>

<div class=newsTextDataWrapInner><p>Its assets under management rose to 146.2 trillion rupiah, around 1.9 times its level at launch, INA said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>INA chief executive officer Oki Ramadhana said the fund would keep strengthening investment partnerships, connecting long-term capital with strategic opportunities and supporting Indonesia's economic development through sustainable investment.</p></div>

<div class=newsTextDataWrapInner><p>INA said transport and logistics made up its biggest investment allocation at 44%, followed by digital and artificial intelligence-related assets at 29.5%.</p></div>

<div class=newsTextDataWrapInner><p>The fund said it had secured about US$25 billion in investment commitments from 40 partners in 15 countries.</p></div>

<div class=newsTextDataWrapInner><p><i>Uploaded by Magessan Varatharaja</i></p></div>


Indonesia's sovereign wealth fund and its partners have invested 74.5 trillion rupiah (US$4.2 billion or RM17.2 billion) in the country since the fund began operations five years ago, the Indonesia Investment Authority said on Wednesday.

Indonesia sovereign fund INA, partners invest US$4.2b in first five years

Britain's King Charles warned AI leaders on Thursday of the "existential dangers" posed by the technology falling into the wrong hands, saying safeguards were needed before it was too late.

Charles was hosting the co-founders of chipmaker Nvidia and the Google DeepMind AI research laboratory, along with leaders from the AI providers OpenAI and Anthropic, in Scotland as concern grows that safety efforts are lagging behind the development of increasingly powerful systems.

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Options markets are anticipating few fireworks in 10-year Treasury trading even as the benchmark yield has risen steadily this year to 5%, underscoring the role of strong US economic growth in driving rates higher and tamping down volatility.

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Chinese Foreign Minister Wang Yi on Thursday told US Secretary of State Marco Rubio in a phone call that the two countries "should prepare well for the next stage of high-level interactions in the spirit of equality, respect and reciprocity," Wang's ministry said.

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The US Securities and Exchange Commission on Thursday unveiled its long-awaited exemption that will allow companies to offer trading in blockchain-based or "tokenized" stocks and other securities, in a major move that could integrate digital assets more deeply into traditional markets.

The agency is offering a five-year exemption to platforms that facilitate trading of tokenized stocks — digital tokens that represent a stock and can be traded on a blockchain similar to a cryptocurrency — from many of the rules that apply to the Nasdaq, NYSE and other stock exchanges.

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The Negeri Sembilan state administration said it will not gazette or take any action to implement a proclamation seeking to remove Yang di-Pertuan Besar Tuanku Muhriz Tuanku Munawir from office, after accepting advice from the Attorney General’s Chambers (AGC).

Negeri Sembilan state secretary’s office will not gazette, implement proclamation to remove Tuanku Muhriz

Saudi Arabia and Yemen's Iran-backed Houthis exchanged fresh strikes across their border on Thursday and Yemenis took to boats in the Red Sea to escape fighting, as the spreading Middle East war created new threats to global oil supplies.

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The Federal Territories Pardons Board is reconvening on Friday to discuss former prime minister Datuk Seri Najib Razak's clemency application over his conviction in the 1Malaysia Development Bhd scandal, after the matter was deferred at the previous board meeting last week, according to The Straits Times.

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The runway at Kota Kinabalu International Airport remains temporarily closed to allow essential works to be completed safely, as continuous rainfall has affected the progress of the works.

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The major US stock indices jumped on Thursday as a pullback in oil prices boosted sentiment, with the Federal Reserve's first rate hike under chair Kevin Warsh reassuring investors of the central bank's commitment to tackling inflation.

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Iron ore trader Radiant World may hold just US$10,000 (RM40,990) in cash despite its most recent financial statements referring to cash balances of over US$200 million, lawyers for a Jefferies-linked fund suing over an alleged fraud said on Thursday.

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<p>AirAsia Group Bhd (KL:AAGB) fell on Thursday to the lowest in nearly four years amid mounting concerns over the low-cost airline’s financial health.</p>


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<p>Pestec International Bhd (KL:PESTEC) said the Kuala Lumpur High Court has extended an injunction preventing its China-based supplier Shandong Power Equipment Co Ltd (SPECO) from enforcing an undated corporate guarantee against the group.</p>


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<p>The judge presiding over the SRC International Sdn Bhd and 1Malaysia Development Bhd suits against Datuk Seri Najib Razak and the suit filed by Muhammed Yusoff Rawther against Prime Minister Datuk Seri Anwar Ibrahim will be&nbsp;transferred to Ipoh.</p>


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<p>Blogger Wan Muhammad Azri Wan Deris, or better known as Papagomo, has failed to obtain a stay of a High Court judgement in May that had ordered him to pay RM280,000 in damages for defaming former finance minister Lim Guan Eng and his son Clint Lim Way Chau six years ago.</p>


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<p>The level of subsidised electricity for households has been increased to 800 kilowatt-hours (kWh) a month from 600kWh until Dec 31, said Prime Minister Datuk Seri Anwar Ibrahim.</p>


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<p>Zetrix AI Bhd (KL:ZETRIX) founder Wong Thean Soon has ceased to be a substantial shareholder in Cuscapi Bhd (KL:CUSCAPI), after disposing of about 103.6 million shares in the company.</p>

<p>The shares disposed of via direct business transactions on Sept 11, comprise 99.1 million shares held directly and 4.5 million shares held indirectly through his private vehicle Asia Internet Holdings Sdn Bhd, according to a bourse filing. The shares represented nearly an 11% stake in Cuscapi.</p>


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<p>Negeri Sembilan Menteri Besar Datuk Ismail Lasim has confirmed that the state executive council recognises the proclamation removing Tuanku Muhriz Tuanku Munawir as the Yang di-Pertuan Besar, <em>Bernama</em> reported.</p>


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<p>Binastra Corp Bhd saw its net profit surge nearly 80% in the second quarter ended July 31, 2026 (2QFY2027), driven by stronger construction activity, contributions from newly acquired thermal energy firm LF Lansen Sdn Bhd and its expansion into solar installation.</p>


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<p>Huawei Technologies Co is set to unveil new artificial intelligence (AI) technology this week in defiance of US export control curbs, advancing its ambition to replace Nvidia Corp in China and compete on the global stage.</p>


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<p>Vertex Material, a Malaysian advanced materials company, has set its sights on a Nasdaq listing next year.</p>


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<p>US President Donald Trump said he still had confidence in Federal Reserve (Fed) chairman Kevin Warsh and criticised what he said is a “hostile” board even after the central bank unanimously defied his calls to lower borrowing costs.</p>


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<p>Malaysia has delayed the mandatory reasonable&nbsp;assurance requirements&nbsp;of&nbsp;applicable entities&nbsp;on their greenhouse gas (GHG) emissions by a year.&nbsp;</p>


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<p>Canada and Europe should ally to protect their markets, democracies and rule of law in a world dominated by the United States and China, Prime Minister Mark Carney said on Thursday, after an EU proposal to make Canada an "associate member".</p>


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<p>The Dewan Keadilan dan Undang (DKU) Negeri Sembilan insists Tuanku Muhriz Tuanku Munawir remains the lawful Yang di-Pertuan Besar and chairman of the customary council.</p>


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<p>KUALA LUMPUR (Sept 17): The Attorney General's Chambers (AGC) is of the view that the Negeri Sembilan executive council (exco) and menteri besar have no unilateral authority to terminate or declare the office of the Yang di-Pertuan Besar vacant, and deems the April 19 proclamation to depose Tuanku Muhriz Tuanku Munawir as unconstitutional.</p>


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<p>One of the prosecution’s star witnesses in Datin Seri Rosmah Mansor's graft case involving a solar hybrid project for rural schools in Sarawak will not take the stand just yet to give his additional evidence.</p>


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<p>Malaysian renewable energy company reNIKOLA said on Thursday that its unit, reNIKOLA Gedong Solar (Sarawak), signed a 30-year power purchase agreement with Syarikat Sesco Bhd for a planned solar project in Sarawak, the Malaysian state on Borneo island.</p>


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<p>ANALYSTS rate the corporate earnings performance for 2Q as “satisfactory” given the backdrop of a prolonged Middle East conflict. The relative resilience of corporate earnings was attributed to Malaysia’s position as a net gas exporter, robust commodity prices and the ongoing up cycle in the tech...

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<p>NexG Bhd (KL:NEXG) said the newly launched MyKad is the world’s first to combine biometric QR identity verification with an optional digital eWallet.</p>


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<p>A fire destroyed four factories at Jalan TPP 5/15,&nbsp;Puchong Industrial Park, on Thursday.</p>
