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

Screenshot from Balai Polis Bandar Presint 7 Putrajaya Facebook video shows a toppled crane at the scene of the fatal incident in Precinct 8, Putrajaya on December 5, 2024.

Malaysia / 19 h ago

Crane topples in Putrajaya’s Precinct 8, killing two Indonesian workers and seriously hurting third

Drivers should avoid going into flooded areas, as a general rule. — Picture by Farhan Najib

Malaysia / 5 h ago

More flood is coming: A driver’s guide to navigating the waters, EV or not

Ahn Gwi-ryeong, spokesperson of South Korea's main opposition Democratic Party speaks during an interview with Reuters at the National Assembly in Seoul, South Korea, December 5, 2024. — Reuters pic

World / 17 h ago

‘My action wasn’t special’: Ahn Gwi-ryeong, the Korean who went viral for confronting soldier, says was only thinking of stopping army takeover

Alleged communist imagery on tableware at a Klang restaurant. — Screengrab from Youtube/luiswong90

Malaysia / 3 h ago

Cops arrest Klang restaurant manager for using tableware with communist imagery (VIDEO)

Harimau Malaya head coach Pau Marti Vicente was appointed to handle the squad in August after South Korean Kim Pan-gon resigned in July. — Bernama pic

Sports / 17 h ago

After ‘three amazing years’, Harimau Malaya boss Vicente says Asean Cup will be his final games

Najib claimed the millions of ringgit that entered his personal bank account were donations from King Abdullah of Saudi Arabia. — Reuters pic

Malaysia / 19 h ago

Najib: RM90m in 2012 was Saudi king’s ‘political donation’ to me too

At 6pm, the local currency bounced to 4.4250/4305 against the US dollar, compared to Wednesday’s close of 4.4505/4550. — Reuters pic

Money / 17 h ago

Ringgit extends gains on rising confidence of another US rate cut

Forensic personnel remove the body of a deceased person from the Penang General Hospital mortuary for burial. Five members of a government hospital in Seremban, Negeri Sembilan claimed trial to bribery for mortuary services on December 5, 2024. — Picture by Sayuti Zainudin

Malaysia / 18 h ago

Seremban forensic hospital staff, accused of selling info on deaths, now face jail time and over RM10,000 fine

Prime Minister Datuk Seri Anwar Ibrahim (right) with his counterpart from Singapore, Lawrence Wong (left) on the sidelines of the 44th and 45th Asean Summits and Related Summits October 9, 2024. — Bernama pic

Singapore / 2 h ago

Covid-struck Singapore PM thanks Anwar for care package with fruits and ‘real crab meat’

File picture of flash flood hitting Jalan Paip Meru in Klang due to heavy rain on November 10, 2022. — Picture by Miera Zulyana

Malaysia / 3 h ago

No more excuses: Selangor Sultan displeased over cleanliness, recurring floods in Royal City of Klang

Muhammed Yusoff Rawther, 31, pleaded not guilty after the charge was re-read to him before Judge Datuk Muhammad Jamil Hussin following the transfer of the case to the High Court. — Bernama pic

Malaysia / 17 h ago

Ex-research assistant Yusoff Rawther pleads not guilty to cannabis trafficking charges

Anastasia Gridina (left), 21-year-old resident of the Kursk region temporarily living in Moscow, holds her three-year-old daughter Darina Gridina, as Tatyana Gridina, 78, Darina's grand-mother looks at them in a Moscow suburb on November 25, 2024, just a week after they were reunited following Ukraine’s army surprise incursion last August. — AFP pic

World / 15 h ago

Russian mum reunites with daughter after Ukrainian forces aid evacuation during border conflict

The claypot ‘bak kut teh’ at Xin Win Hiong seems to have rediscovered its form. — Picture by Ethan Lau

Eat-drink / 2 h ago

Find satisfying Klang-style ‘bak kut teh’ at Xin Win Hiong Bah Kut Teh in PJ Sea Park

The polar bear is a meticulous carnivore that feeds principally on the white fat that envelops and insulates a seal’s body. ― ETX Studio pic

Life / 3 h ago

How deep is your love? Canada man attacks polar bear to save wife

Miftah Maulana Habiburrahman (right), also known as Gus Miftah, came under fire in Indonesia for mocking an iced tea seller. — Picture from Facebook/Gus Miftah

Malaysia / 3 h ago

Be humble and show wisdom, minister tells Islamic preachers after controversy with Indonesia’s Gus Miftah

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Money

31 m ago

Gyeongbuk Korean Food Products Conclude Successful B2B Business Matching and Mall Roadshow 2024

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KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 6 December 2024 - The "Korea Gyeong Buk Premium Food Promotion 2024" hosted by the Gyeongbuk Maeil Newspaper and sponsored by 14 local governments of GyeongSangbuk-do has successfully concluded 2 meaningful events highlighting its specialities and global potential of Gyeong Buk...

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Money / 51 m ago

Phoenix Go Glocal! Phoenix TV launches Premier International Communication Platform for Going Global

Convenience store chain 99 Speed Mart Retail Holdings is among those who have been included in the FBM KLCI after its semi-annual review. — Picture by Yusof Mat Isa

Money / 2 h ago

Genting out of FTSE Bursa Malaysia KLCI, while 99 Speed Mart and Gamuda join list

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Money / 2 h ago

Founders Metals Hits 23.0 metres of 5.00 g/t Gold at Froyo & Extends Zone by 180 metres

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Vodafone said the enlarged group will create ‘a new force in UK mobile, unleashing more competition and investment to transform the UK telecoms landscape’. — Reuters pic

18 h ago

UK regulator approves £16.5b Vodafone-Three merger, creating Britain’s largest mobile operator

Chinese shopping app Temu has been forced to suspend its services in Vietnam after it failed to register with authorities, state media said today. — AFP pic

21 h ago

Chinese shopping app Temu suspended in Vietnam over missed registration deadline as authorities crack down on unregistered businesses

A currency dealer works in front of an electronic board showing the Korean Composite Stock Price Index (KOSPI) in the dealing room of a bank in Seoul, South Korea, December 5, 2024. — Reuters pic

21 h ago

Won stabilises amid South Korea stock turmoil as Asian markets show mixed performance

The Opec oil cartel and its allies are expected today to extend their supply cuts to avoid a sharp drop in prices in a global market awash in crude. — Reuters pic

22 h ago

Tensions in Opec+ as members debate extending oil supply curbs despite dissenting voices

Meitu had invested nearly US$100 million in bitcoin and ether in 2021. — Screenshot from Apple Store

23 h ago

Chinese selfie app Meitu sells cryptocurrency holdings, netting nearly US$80m amid bitcoin price surge

Bitcoin rose above US$100,000 (RM443,230) for the first time today as the election of Republican Donald Trump as president of the United States spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies. — Reuters pic

1d ago

Bitcoin hits US$100,000 milestone on Trump’s pro-crypto agenda and rising institutional support

The details of the conditions of the US$6.5 billion funding, which have not been previously reported, show how far OpenAI, the most valuable AI startup in the world, has come. — Reuters pic

1d ago

OpenAI partners with defence tech firm Anduril to enhance AI-driven military applications and counter drone threats

At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 2.70 points to 1,616.79 from Wednesday’s close of 1,614.09. — Picture by Razak Ghazali

1d ago

Bursa Malaysia extends gains, investors eye tech and energy sectors

Uruguay’s President Luis Lacalle Pou and Brazil’s President Luiz Inacio Lula da Silva attend a news conference, in Montevideo, Uruguay, January 25, 2023. — Reuters pic

1d ago

Montevideo summit: Can EU and Mercosur bridge divides to end two-decade wait for historic EU-Mercosur trade pact?

At 8.04 am, the ringgit advanced to 4.4400/4550 against the greenback compared with Wednesday’s close of 4.4505/4550. — Picture By Choo Choy May

1d ago

Ringgit rallies to 4.44 on back of lower US yields, easing tensions

1d ago

Norway’s massive wealth fund divests from Bezeq as telco firm provides services to Israeli occupiers in West Bank

Lip-Bu Tan, the former CEO of chip-software company Cadence Design, joined Intel’s board two years ago as part of a plan to restore Intel’s place as the leading global chipmaker. — Picture from Celesta Capital

1d ago

Muar-born semiconductor veteran Lip-Bu Tan among those hunted to head struggling chipmaking titan Intel

At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 4.62 points, or 0.29 per cent, to 1,611.58 from Tuesday’s close of 1,606.96. — Picture by Choo Choy May

1d ago

Bursa Malaysia closes higher in morning session, buoyed by heavyweight stocks

(L-R) Elica assistant managing director Pauleni Tsai, Ting, Finn, and IHG Hotels and Resorts South East Asia and Korea (Development) senior manager Emma Yap are seen during a photocall for the announcement. — Picture by The Borneo Post

1d ago

Former Century Kuching Hotel to be redeveloped into first outlet under IHG’s premium voco brand in Malaysia

With the upcoming 12.12 sale right around the corner, aspiring entrepreneurs, local MSME, and homegrown brands should not miss out by signing up as a seller.

1d ago

#JomLokal sellers on TikTok Shop achieve over 4.5x sale uplift for 11.11

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Opinion

Praba Ganesan

1d ago

Read the signs, not only the signboards

Erna Mahyuni

2d ago

So I have cancer. Now what?

Alwyn Lau

02 Dec 2024

Abolishing exams to reduce student stress?

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Corporate News from Media OutReach Newswire

Korea Gyeongbuk delegation together with Malaysia companies during the B2B matching event opening ceremony.

31 m ago

Gyeongbuk Korean Food Products Conclude Successful B2B Business Matching and Mall Roadshow 2024

51 m ago

Phoenix Go Glocal! Phoenix TV launches Premier International Communication Platform for Going Global

Figure 3: Upper Antino Timelapse from December 2023 to December 2024

2 h ago

Founders Metals Hits 23.0 metres of 5.00 g/t Gold at Froyo & Extends Zone by 180 metres

Energy Development Corporation was proudly honoured as Asia's Green Company of the Year at the ACES Awards 2024. Representing EDC on stage were Abegail Gatdula, Watershed Management Officer (left center), Erwin Magallanes, Head of Corporate Relations (center), and Danilo Tolarba, AVP & Human Resource Head (right center). The award was presented by Luis Bueno Nieto, Advisor, ACES Council (left), Dr Jayanthi Desan, Advisor, ACES Council (2nd from left), Dr Shanggari Balakrishnan, President, ACES Awards (right), and Hemant Batra, Honorary Chairman, ACES Council (2nd from right). This recognition cements EDC’s leadership in sustainability and green innovation across Asia.

4 h ago

Energy Development Corporation Named Green Company of the Year at ACES Awards 2024

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