TOKYO (Oct 7): Japan's top currency diplomat, Atsushi Mimura, issued on Monday a warning against speculative moves on the foreign exchange market, as the yen fell below 149 per dollar.

Japan's top FX diplomat warns against speculative moves as yen falls

(Oct 7): Japan’s Norinchukin Bank hired investment banks for its first potential benchmark dollar bond sale since the agricultural lender said in June that it expects to report a net loss of about ¥1.5 trillion ($10.1 billion) in the current fiscal year due to bond losses.

The bank will...

Norinchukin Bank plans first dollar bond since flagging losses

BENGALURU (Oct 7): Gold prices eased on Monday, as bets firmed for a smaller US rate cut in November after a surprisingly strong jobs report, while market participants awaited inflation data and comments from US Federal Reserve officials for further cues.

Gold inches lower as US jobs data cements bets for smaller rate cut

China's central bank held back on buying gold for its reserves for a fifth straight month in September, official data showed on Monday, mainly due to a surge in prices for the yellow metal.

China's gold reserves unchanged for fifth straight month in September

The owner of the New York Sun is close to acquiring the UK’s Telegraph newspaper for more than £550 million (US$722 million or RM3.09 billion), according to the Financial Times (FT).

New York Sun owner close to £550m deal for Telegraph — FT

Samsung Electronics is expected to flag more than a fourfold jump in quarterly profit on Tuesday on improving demand for chips, but the pace of its recovery is weakening, as it is slow to cash in on the artificial intelligence (AI) boom.

Samsung's profit recovery seen weakening in 3Q

Last Thursday (Oct 3), Johor Corporation (JCorp) subsidiary JLand Group launched container operations at Tanjung Langsat Port (TLP), making the port the third in the southern state to handle containerised cargoes.

Frankly Speaking: Ensure holistic development of Johor’s maritime facilities

A senior executive at Quebec’s public pension manager said the fund will likely provide financial backing to Alimentation Couche-Tard Inc, if it moves ahead with a takeover bid for Seven & i Holdings Co, the parent of the 7-Eleven chain.

Quebec pension fund says it’s ready to back Couche-Tard in Seven & i quest

(Oct 7): Earnings from Japan’s Fast Retailing Co, Ltd and Seven & i Holdings Co, Ltd should show how retailers are chasing growth overseas to make up for a lagging local consumer sector.

Uniqlo, 7-Eleven owners seek overseas growth amid weak consumption in Japan

(Oct 7): China’s top economic planner will hold a press briefing on Tuesday to discuss a package of policies aimed at boosting economic growth, as investors look for more stimulus measures from President Xi Jinping’s government.

China economic agency plans briefing as investors eye stimulus

Just outside the capital of Laos — a country with an economy smaller than Vermont — a US$6 billion (RM25 billion) rail line carves its way through rice paddies and forested mountains toward the border with China.

Further south, Malaysia’s king is seeking Chinese investors for a high-speed rail to Singapore, while in Vietnam, a US$6.3 billion trio of railroads built by Beijing are a linchpin in the nation’s efforts to bolster its economy and regional trade ties.

China’s bullet trains extend towards Singapore despite debt fears

Malaysian semiconductor companies’ near-term earnings will be dragged by recent strengthening in the ringgit against the US dollar, though investors should focus on the medium- to long-term outlook, said TA Securities.

TA tips buying semiconductor stocks following correction, look past forex impact

Foreign investors increased their equity sell-off on Bursa Malaysia last week, reaching a net selling high of RM1.1&nbsp;billion, the highest in 18 weeks, according to MIDF Research in a note on Monday.

Foreign investors' net selling hits 18-week high of RM1.1b on Bursa

Most Asian stocks are set to open higher in early trading after strong US jobs data underscored the health of the world’s largest economy and boosted soft landing hopes.

Asian stocks eye early gains after US jobs report

Hezbollah rockets hit Haifa, Israel's third-largest city, Israeli police said early on Monday, and Israeli media reported 10 people were injured in the country's north.

Hezbollah rockets hit Israel's Haifa, 10 injured

The world-beating rally in Chinese stocks is failing to convince many global fund managers and strategists.

Invesco Ltd, JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings Inc&nbsp;are among those viewing the recent rebound with skepticism and waiting for Beijing to back up its stimulus pledges with real money. Some are also concerned many stocks are already reaching overvalued levels.

China stock scepticism gets louder amid world-beating run

DAP never suggested the setting up of a unity government in Johor, and is comfortable playing a balancing role in the state.

DAP secretary general Anthony Loke Siew Fook said the party took its responsibility seriously as outlined in a degree by the King, Sultan Ibrahim Sultan Iskandar, who was the Sultan of Johor at the time, that the opposition assemblymen be named as balancers.

DAP never proposed unity govt in Johor, comfortable with balancing role, says Loke

Republican US&nbsp;presidential candidate Donald Trump on Sunday said he would slap tariffs as high as 200% on vehicles imported from Mexico as he ratchets up his protectionist trade rhetoric ahead of the Nov&nbsp;5 election.

Trump threatens 200% tariff on vehicles imported from Mexico

Oil opened the week lower as traders weighed Israel’s potential retaliation against Iran for a missile attack last week, with US President Joe Biden discouraging a strike on Tehran’s crude fields.

Oil drops as traders watch for Israel’s response to Iran strike

Wanita DAP chief&nbsp;Teo Nie Ching has been elected as the Johor DAP chairman for the 2027/2027 term, replacing Deputy Investment, Trade and Industry Minister Liew Chin Tong, who has held the position since 2014.

Teo Nie Ching replaces Liew Chin Tong as Johor DAP chairman

The construction of Phase 1A of the Sabah Pan Borneo Highway (LPB) is facing delays due to land acquisition issues, and the extensive time required for utility relocation along the project alignment, said Deputy Works Minister Datuk Seri Ahmad Maslan.

Sabah Pan Borneo project delayed by land acquisition issues, says Ahmad Maslan

South Korea has ticked every box in an attempt to get its bonds included in a major FTSE Russell index, while India has steered clear of public overhauls — but the latter’s popularity with global investors may give it an edge to join a related benchmark.

FTSE’s index revamp has Korean, Indian bond markets on watch

(Oct 7):&nbsp;One of the best measures for gauging demand for cryptocurrencies suggests that some Chinese investors are shifting away from digital assets and back to the nation’s surging stock market. &nbsp;

‘Panic buying’ of Chinese stocks weighs on crypto’s most-traded token

(Oct 7):&nbsp;China’s top economic planner will hold a press briefing on Tuesday to discuss a package of policies aimed at boosting economic growth, as investors look for more stimulus measures from President Xi Jinping’s government.

The European Central Bank (ECB) will “quite probably” cut interest rates at its next meeting later this month, according to Governing Council member Francois Villeroy de Galhau.

ECB will ‘quite probably’ cut rates this month, Villeroy says

A senior executive at Quebec’s public pension manager said the fund will likely provide financial backing to Alimentation Couche-Tard Inc, if it moves ahead with a takeover bid for Seven &amp; i Holdings Co, the parent of the 7-Eleven chain.&nbsp;

(Oct 7):&nbsp;Earnings from Japan’s Fast Retailing Co, Ltd&nbsp;and Seven &amp; i Holdings Co, Ltd&nbsp;should show how retailers are chasing growth overseas to make up for a lagging local consumer sector.

Nintendo Co&nbsp;shares rose as much as 3.9% after a senior executive with Saudi Arabia’s sovereign wealth fund told local media it’s considering increasing its stakes in Japanese game companies.

Nintendo jumps as Saudi fund says open to bigger stake

Activist investor Starboard Value has taken a stake of about US$1 billion (RM4.27 billion) in Pfizer Inc,&nbsp;and is seeking to spur a turnaround of the struggling pharmaceuticals giant, according to a person familiar with the matter.

Activist Starboard Value taken US$1b stake in Pfizer, Bloomberg reports

Samsung Electronics&nbsp;is expected to flag more than a fourfold jump in quarterly profit on Tuesday on improving demand for chips, but the pace of its recovery is weakening, as it is slow to cash in on the artificial intelligence (AI) boom.

PETALING JAYA (Sept 7): Bike-sharing start-up Mobike has partnered with S P Setia Bhd to launch its dockless bike-sharing service in its flagship Setia Eco Park township at Shah Alam yesterday.

“Smart bike-sharing offers big townships and their residents and visitors many benefits inclu...

Smart bike-sharing start-up Mobike partners with S P Setia

LANGKAWI (Sept 6): The Datai Langkawi forest and beach resort, which is just a year shy of its silver anniversary, will close its doors yesterday for a 10-month restoration project, said its operator in a statement.

This is the property’s most significant overhaul since opening its door...

The Datai Langkawi closes for 10-month restoration project

KUALA LUMPUR (Sept 5): The authorities are ramping up action against condo and apartment owners defaulting on maintenance payments — by raiding their units and seizing movable items, The Star reported today.

The daily reported that five units of a Bangi, Selangor were raided in May beca...

Authorities crack down on apartment fees defaulters

PETALING JAYA (Sept 2): Currency market movements can have a significant impact not only on the return provided by an overseas asset, but also on the flow of international capital into property markets, said global property consultancy Knight Frank.

“Currency has, and will continue to b...

Currency will continue to be a driving factor for global property market, says Knight Frank

PETALING JAYA (Aug 29): Our lives are becoming increasingly “smarter” as we move into the future. However, for the ordinary man on the street, can they afford to be smart?

Hong Kong-based Ho & Partners Architects Engineers & Development Consultants Ltd deputy managing director N...

Smart design and affordability — can they go hand-in-hand?

PETALING JAYA (Aug 30): The Glenmarie Light Rail Transit (LRT) station has been renamed CGC-Glenmarie LRT Station by Credit Guarantee Corporation Malaysia Bhd (CGC) today.

The CGC-Glenmarie LRT Station is the fourth to be rebranded under the station naming rights programme by Prasarana ...

Glenmarie LRT station gets a new name

KUALA LUMPUR (Aug 30): Mah Sing Group is topping up its RM23 million Celebration Rewards Campaign with the RM23 million Rewards Reloaded plus Rush For Your Gold campaign, giving out a total of 75 gold bars to customers who purchase one of the group’s properties.

“We launched the RM23 mi...

Mah Sing tops up campaign prizes

KUALA LUMPUR (Aug 30): Malton Bhd registered higher pre-tax profit for the financial year ended June 30, 2017 at RM111.77 million, compared with the RM71.2 million recorded over the previous year, Bernama reported yesterday.

Revenue rose by 29.2% to RM817.08 million, from RM632...

Malton registers higher pre-tax profit of RM111.78 mil for FY17

PETALING JAYA (Aug 30): Court auctions should not be made exclusively online on the e-Lelong platform. Instead, the Penang Auctioneers Association suggested that a dual-bidding mode for property auctions may be the way to go in order to increase the integrity of court auctions.

Associat...

Court auctions should not be made exclusively online, say Penang auctioneers

PETALING JAYA (Aug 29): Property buyers of a multi-phase development need to be aware of whether the property they purchased is built on a subdivided land.

Endah Promenade Management Corporation chairman Siew Yee Hong advised property buyers to confirm with the developer regarding this ...

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