Oil prices fell almost 2% on Wednesday as sources said Opec+ could accelerate its oil output increases next month, but losses were curbed after a report that US President Donald Trump may cut tariffs on Chinese imports.

Oil prices fall nearly 2%, sources say Opec+ to consider accelerating oil output in June

The long-awaited US$16 billion (RM70.26 billion) rail tunnel project connecting New York City and New Jersey is expected to provide the national and regional economy with a US$445 billion boost.

NYC gateway tunnel expected to generate US$445b for economy

The retail prices of RON97 and RON95 petrol throughout the country will remain unchanged at RM3.18 and RM2.05 per litre respectively from April 24 to April 30.

Fuel prices unchanged till April 30 

Penangites have begun making early and thorough preparations to ensure they have adequate water supply during the scheduled water supply disruption from this Friday until April 28, due to the implementation of 23 simultaneous water projects.

Penangites rush to stock up on water ahead of scheduled cuts 

Messrs UHY Malaysia PLT has resigned from its role as the external auditor for both Key Asic Bhd (KL:KEYASIC) and UCrest Bhd (KL:UCREST), effective Wednesday.

UHY resigns as external auditor for Key Asic, UCrest

Wall Street's main indexes rallied to one-week highs on Wednesday on hopes for a de-escalation in the US-China trade war and as President Donald Trump scaled back his threats to fire Federal Reserve chair Jerome Powell.

Tariff optimism spurs Wall Street rally as Trump softens tone on Powell 

Boeing Co is prepared to find alternative buyers for China-bound aircraft that are mired in a trade dispute with the US, as the planemaker seeks to reduce the fallout on its jet deliveries and earnings recovery.

Boeing prepared to remarket China aircraft to other customers

Türkiye’s largest city of Istanbul was hit by a 6.2-magnitude earthquake, the US Geological Survey said, though no damage or injuries were immediately reported by authorities.

Türkiye’s largest city Istanbul hit By 6.2 magnitude earthquake

Putrajaya Holdings Sdn Bhd, the master developer of Putrajaya, is partnering with Sunway Healthcare Holdings Sdn Bhd, the healthcare arm of conglomerate Sunway Bhd (KL:SUNWAY), to develop a multi-speciality tertiary medical centre in Putrajaya.

Putrajaya Holdings partners Sunway Healthcare to develop advanced medical centre

Gold on Wednesday extended its retreat from an all-time high, as appetite for riskier assets improved after President Donald Trump said he has no plans to fire the US central bank chief and also signalled progress with China on the tariff front.

Gold falls 2% as Trump comments on Fed and China boost risk sentiment

Sapura Holdings Sdn Bhd's founder Tan Sri Shamsuddin Abdul Kadir took the stand on Wednesday as the company's winding-up case continued, following a breakdown in settlement talks between his sons, feuding brothers Tan Sri Shahril Shamsuddin and Datuk Shahriman Shamsuddin.

Sapura Holdings founder Shamsuddin takes the stand as sons' settlement talks fail

KUALA LUMPUR (April 23): Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han announced that Forest City’s Special Financial Zone (SFZ) has welcomed its first family offices, CMY Capital Family Office and Yow Kee Family Office, and attracted interest from 30&nbsp;other companies to set up operations in Johor Bahru.

Forest City SFZ welcomes first two family offices, sees interest from 30 other companies

A longtime board member of City Developments Ltd, the property giant controlled by Singapore’s wealthiest family, lashed out at several other directors on Wednesday over a recent feud that rocked the developer and the billionaire Kwek clan.

Singapore Kwek clan’s CDL investor meeting turns acrimonious

US President Donald Trump said he plans to be “very nice” to China in any trade talks, and that tariffs will drop if the two countries can reach a deal, a sign he may be backing down from his tough stance on Beijing amid market volatility.

Trump floats 'substantial' China tariff cuts in trade deal

Malaysia lost billions in potential income — between 4.00% and 9.49% of its gross domestic product (GDP) in 2025 — by excluding non-citizen children born in the country from formal education, according to a joint policy paper by the Social Wellbeing Research Centre (SWRC) and Unicef Malaysia.

Malaysia lost billions by not educating non-citizens — study

The Kedah government has been alerted to an&nbsp;encroachment along a section of Petronas’&nbsp;gas pipeline route in the Pendang district, believed to have been taking place for several years.

Encroachment detected on Petronas gas pipeline route in Kedah — exco

Malaysia’s headline inflation decelerated to its slowest in four years as price gains at restaurants and of other non-food items&nbsp;eased.

Malaysia's consumer inflation slowest in four years as non-food price gain eases

KUALA LUMPUR (April 23): Bank Rakyat has launched the eGold Account-I, a shariah-compliant digital gold investment accessible via its internet banking platform.

Bank Rakyat launches Islamic gold investment platform eGold Account-i

The imposition of US duties on solar panels from Southeast Asia&nbsp;will have far-reaching implications for&nbsp;the manufacturing base across the region, according to the Federation of Malaysian Manufacturers (FMM).

US solar duties threaten Malaysia's role in global clean energy supply chain, says FMM

foodpanda will cease its operations in Thailand next month after more than a decade of losses, local newspaper The Nation reported on Wednesday citing the food delivery platform social media post.

The Thai operations will cease on May 23, 2025, the newspaper reported citing the company’s Thai language post. foodpanda was reported as saying that Thailand’s current market conditions no longer align with the company’s long-term strategy.

foodpanda Thailand calls it quits after 13 years of losses — report

Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz and his team have arrived in the US to urge US officials to review tariffs on Malaysian imports.

Zafrul lands in US, to meet with US Trade Rep Jamieson Greer over tariffs

KUALA LUMPUR (April 23): Bumi Armada Bhd (KL:ARMADA) is expected to report strong earnings in first quarter of 2025 (1QFY2025), but foresees a drop in the following quarters as its floating, production, storage, and offloading (FPSO) Kraken vessel sees a steep cut in its daily charter rates.

Bumi Armada to post strong 1Q earnings, later quarters impacted by FPSO Kraken rate cut — Maybank IB

Ferrotec Holdings Corporation, a Japanese advanced materials and component company, will be investing RM1 billion for the construction of its second manufacturing facility in Kulim, Kedah.

Japan's Ferrotec to invest RM1 bil in second plant in Kedah

KUALA LUMPUR (April 23): Malaysia’s exports are likely to be impacted by the imposition of any direct tariffs, global growth slowdown or possible recession, but the longer-term outlook remains bright, as there is room for the country to benefit from supply chain diversification, said Franklin Templeton.

Direct tariffs may likely impact Malaysia’s exports; outlook bright on supply-chain diversification — Franklin Templeton

KUALA LUMPUR (April 23): Malaysia’s 30-stock benchmark FBM KLCI constituents will achieve modest earnings growth of 2% in 2025, even under a stressed scenario involving escalating tariff risks, according to Kenanga Research’s latest market strategy report.

Kenanga expects modest growth in KLCI valuations despite rising tariff risks

Chinese President&nbsp;Xi&nbsp;Jinping&nbsp;said on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all countries, hurt the multilateral trading system and impact the world economic order, the official&nbsp;Xinhua news agency reported.

China's Xi says tariffs and trade wars hurt world economic order

THE fight for control of Kuala Lumpur Tower (KL Tower), one of the world’s tallest telecom towers, has been getting attention lately, in part because its outgoing operator is preventing a smooth transition.

After 29 years, Menara Kuala Lumpur Sdn Bhd (MKLSB) was supposed to cease runnin...

Who will win the tussle over KL’s iconic tower?

Former Goldman Sachs Group Inc banker Roger Ng Chong Hwa can testify as a defence witness in the ongoing 1Malaysia Development Bhd (1MDB)-Tanore criminal trial of former prime minister Datuk Seri Najib Razak.

Ex-Goldman banker Roger Ng can testify as Najib's defence witness, court rules

Malaysian stocks rose on Wednesday with the benchmark index retaking a key psychological level as potential US tariff relief injected hope of easing trade tensions into Asian markets.

Malaysian stocks climb, KLCI retakes key level amid hope for easing trade tensions

Singapore's PSA International is exploring the sale of its 20% stake in CK Hutchison's ports business, two people with knowledge of the matter said, joining the Hong Kong conglomerate in its controversial plans to sell.

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