Malaysia Business News, Finance News, Stock Updates | Malay Mail

A spokesman for the Save Taman Desa Coalition proposes that the vacant land next to the abandoned school be turned into a transportation hub. — Picture by Raymond Manuel

Malaysia / 7 h ago

Taman Desa’s infrastructure strain: Is the township ready for 70,000 residents?

An illustration featuring US President-elect Donald Trump holding Bitcoin is displayed outside a cryptocurrency exchange in Hong Kong, China, December 5, 2024. — Reuters pic

Malaysia / 5 h ago

Retired engineer loses RM9.5 million to crypto scam in Johor

This comforting bowl of Pan Mee sparked off a round of visits to Restoran Tai Kar Ho by my group of friends. — Picture by Lee Khang Yi

Eat-drink / 5 h ago

Restoran Tai Kar Ho: A place to delve deep into neighbourhood of Taman United as you slurp comforting bowls of ‘pan mee’, ‘kai si hor fun’ and ‘wantan mee’

Former 1MDB CEO Arul Kanda Kandasamy told the court that the money was used to purchase a luxury yacht and real estate, one of which was registered under Kassem Dean, the husband of singer Alicia Keys. — Picture by Yusof Mat Isa

Malaysia / 5 h ago

Sued by 1MDB, ex-CEO Arul Kanda tells court no personal knowledge funds used to buy US$1.3m worth of jewellery for Rosmah

A motorcade believed to be carrying impeached South Korean President Yoon Suk-yeol following his arrest drives down a road, in Seoul January 15, 2025. — Reuters pic

World / 4 h ago

South Korea’s Yoon becomes first sitting president to be arrested in country’s history after weeks-long standoff

The cafe operator revealed in a statement that it received 66,041 applications for 3.65 billion issue shares worth RM1.609 billion from the Malaysian public. — Picture from Facebook/Crowe Malaysia

Money / 19 h ago

Oriental Kopi IPO oversubscribed by 59.96 times, set for Jan 23 listing

Four people — three men and a woman — had died at the scene of the crash involving three cars and two motorcycles this afternoon. — Picture via Facebook

Malaysia / 18 h ago

Fifth victim dies in horrific Kuching crash involving three cars and two motorcycles

Prime Minister Datuk Seri Anwar Ibrahim (centre) officiates the groundbreaking ceremony for the Penang Light Rail Transit (LRT) Mutiara Line in George Town January 11, 2025. — Bernama pic

Malaysia / 3 h ago

With Singapore SEZ, clock ticking for Johor Baru to develop mass transit system

Anwar said embracing blockchain and cryptocurrency will help Malaysia stay competitive in the global financial landscape. — Reuters pic

Malaysia / 3 h ago

PM Anwar says going digital is way forward for Malaysia

On the investigation into Khairy Jamaluddin over his statement on the existence of an additional document allowing former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence under house arrest, Inspector-General of Police Tan Sri Razarudin Husain said it would be completed within seven days. — Picture Firdaus Latif

Malaysia / 19 h ago

IGP: Cops weighing remand extension of four including top broadcasting officer in money laundering case, Khairy probe on Najib house arrest claim to wrap up in a week

Visitors watch the BYD Yangwang U9 electric vehicle (EV) by Chinese car manufacturer BYD on display at Singapore Motorshow in Singapore on January 9, 2025. — AFP pic

Money / 5 h ago

In escalating tech war, US to ban Chinese tech from smart cars

US President-elect Donald Trump smiles during Turning Point USA's AmericaFest at the Phoenix Convention Center on December 22, 2024 in Phoenix, Arizona. — AFP pic

World / 17 h ago

Trump’s unpredictable diplomacy returns as he makes bold threats ahead of second term

Police believe the crash occurred when the unlicensed teen driver lost control of his car and veered into the opposite lane, colliding with two motorcycles and two other cars on January 14, 2025. — Picture courtesy of the Fire and Rescue Department

Malaysia / 4 h ago

Cops nab unlicensed teen driver who lost control of car in Kuching after five die (VIDEO)

Anwar landed at the Stansted Airport in London, the UK at 10.50pm local time on January 14, 2025. — Bernama pic

Malaysia / 5 h ago

Anwar arrives in London for first UK visit since becoming PM for key talks on trade, education, climate

Former Prime Minister Datuk Seri Najib Razak is pictured at the Kuala Lumpur High Court Complex November 27, 2024. — Picture by Yusof Mat Isa

What You Think / 6 h ago

Read before commenting — Hafiz Hassan

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Money

32 m ago

ABBANK invests in Backbase to launch digital banking platform with 100% customer migration in 3 months

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ABBANK accelerates customer-centricity for business owners through platform innovationHANOI, VIETNAM - Media OutReach Newswire - 15 January 2025 - Backbase, the pioneer in Engagement Banking, has announced that its customer, An Binh Commercial Joint Stock Bank (ABBANK), has successfully launched a new business digital banking platform -...

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In a statement, EPF said the recent decision to make a voluntary general offer for MAHB’s shares at RM11 per share as part of a consortium reflects a separate, long-term strategic plan aimed at achieving sustainable growth and returns. — Picture by Yusof Mat Isa

Money / 1 h ago

EPF’s investment in MAHB to support dividend payouts

Last week, Nippon Steel and US Steel filed two lawsuits after US President Joe Biden blocked a US$14.9 billion (RM67.15 billion) buyout of the American steelmaker by the Japanese firm. — Reuters pic

Money / 1 h ago

Nippon Steel wants to work with Trump administration on US Steel deal, says vice chairman in WSJ op-ed

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Money / 1 h ago

Kearney appoints Varun Arora as new Managing Partner for Southeast Asia

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The SEC said that at the expense of unsuspecting investors, Musk had bought more than US$500 million (RM2.2 billion) of Twitter shares at artificially low prices before finally revealing his purchases on April 4, 2022, by which time he owned a 9.2 per cent stake. — Reuters pic

3 h ago

US SEC sues Elon Musk over late disclosure of Twitter stake

3 h ago

YTL gets green light for Ryt Bank, Malaysia’s first ‘AI-powered’ digital bank in venture with Shopee owner

At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 3.60 points to 1,580.06 from Tuesday’s close of 1,576.46. — Picture by Ahmad Zamzahuri

4 h ago

Bursa Malaysia opens higher on rebound, supported by buying momentum

At 8 am, the ringgit traded at 4.5000/5080 against the greenback versus 4.5035/5100 at yesterday’s close. — Picture by Miera Zulyana

5 h ago

Ringgit inches higher as US inflation and tariff speculation impact dollar

Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on January 14, 2025. — AFP pic

5 h ago

Meta to lay off 3,600 employees in performance-based cuts

Visitors watch the BYD Yangwang U9 electric vehicle (EV) by Chinese car manufacturer BYD on display at Singapore Motorshow in Singapore on January 9, 2025. — AFP pic

5 h ago

In escalating tech war, US to ban Chinese tech from smart cars

A construction site of residential buildings by Chinese developer Country Garden is pictured in Tianjin, China August 18, 2023. — Reuters pic

5 h ago

China’s biggest property developer Country Garden posts losses of US$24.3b in 2023

Even before taking office, Donald Trump has raised the prospect of fresh levies on companies, countries and groups of states as he seeks to implement his agenda.— Reuters pic

17 h ago

Trump’s tariff plans could fuel trade wars and raise import costs for US businesses

This photo taken on April 18, 2024 shows BYD electric cars for export waiting to be loaded onto a ship at a port in Yantai, in eastern China’s Shandong province. — AFP pic

17 h ago

Global electric car sales jump 25pc in 2024, China leads while Europe slows

The cafe operator revealed in a statement that it received 66,041 applications for 3.65 billion issue shares worth RM1.609 billion from the Malaysian public. — Picture from Facebook/Crowe Malaysia

19 h ago

Oriental Kopi IPO oversubscribed by 59.96 times, set for Jan 23 listing

Prime Minister Datuk Seri Anwar Ibrahim pays a courtesy call on the Vice President of the United Arab Emirates (UAE), who is also the Prime Minister and Ruler of Dubai Sheikh Mohammed Rashid Al Maktoum, at the Za’abeel Palace, Dubai, January 13, 2024. — Bernama pic

21 h ago

Malaysia-UAE pact to boost trade, investment and economic ties, says PM Anwar

Sarah Baus holds a sign that reads 'Keep TikTok' as she and other content creators Sallye Miley and Callie Goodwin stand outside the U.S. Supreme Court Building. — AFP pic

21 h ago

TikTok selling US operations to Elon Musk? ‘Pure fiction,’ social media firm says

Elon Musk could potentially purchase TikTok from ByteDance with the app possibly combined into the platform formerly known as Twitter.. — AFP

1d ago

China exploring possible sale of TikTok operations in US to Musk, could be combined with X

A group of women do Taichi along a road in Beijing on January 8, 2025. — AFP pic

1d ago

China offers coupons, targets ‘silver economy’ to boost culture and tourism spending

Britain's Prime Minister Keir Starmer (right) speaks with researches and professors during a visit of the Manufacturing Futures Lab at Univeristy College London, in London, on January 13, 2025. — AFP pic

1d ago

Starmer announces ‘pro-growth’ economic plan in bid to make UK ‘great AI superpower’

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