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CEO Zhu Jiusheng was detained on Wednesday, ‘The Economic Observer’ reported yesterday without detailing reasons. It also said the developer could be subject to government takeover and reorganisation, citing unidentified sources. — Reuters pic

China Vanke CEO’s reported detention intensifies property sector woe

A general view of the Johor Causeway in Johor Baru November 4, 2022. Johor Baru’s future as a major economic hub will largely depend on the successful collaboration between Malaysia’s federal and state governments, as well as their partnership with Singapore. — Picture by Yusof Mat Isa

Strategic Malaysia-Singapore partnership, upcoming RTS link vital for Johor Baru’s economic rise, say experts

Ships under construction in a yard of a shipbuilding company in Taicang January 16, 2025. China builds more than 1,700 ships a year compared to the US’ five vessels or fewer. — AFP pic

China hits back at US probe into maritime sector, calling it politically driven

The world’s biggest pork-producer generated 57.06 million metric tons of pork in 2024, down 1.5 per cent from 57.94 million tons in 2023, which was the second-highest on record. — AFP pic

China 2024 pork output falls for first time in four years

China’s economy grew slightly quicker than expected last year but analysts surveyed by AFP warned it could fall to just 4.4 per cent this year and even drop below 5 per cent in 2026. — AFP pic

China’s growth hits 5pc, but Asian markets stay tepid amid trade war fears

The hackers reportedly accessed fewer than 50 files on Yellen’s machine. — AFP pic

Chinese hackers breach Treasury Department, access Yellen’s computer and more

A customer shops for new year decorations, ahead of the upcoming Lunar New Year of the Snake, at a store in Nanjing January 15, 2025. — AFP pic

China’s economy grows 5pc in 2024, but US tariff threats, yuan pressure could stall recovery

The previous Switch is the third-best-selling console ever after Sony’s PlayStation 2 and Nintendo’s DS, selling more than 146 million units since its launch in 2017. — AFP pic

Nintendo shares tumble as Switch 2 preview disappoints

Since 2022, Gamuda has committed a total gross development value (GDV) of £1.4 billion to the UK market, encompassing prime commercial office assets, residential properties and purpose-built student accommodation (PBSA). The 75 London Wall project is the largest investment for Gamuda in the UK thus far. — Bernama pic

Gamuda’s RM6.6b London Wall project breaks ground, secures RM2.75b development loan

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Discover ‘Stanley House Project’: A Coastal Living Dream Realised

At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.96 points to 1,551.58 from Thursday’s close of 1,555.54. — Picture by Zuraneeza Zulkifli

Bursa Malaysia dips, tech sell-off on Wall Street sets the tone

At 8am, the ringgit traded at 4.4900/5050 against the greenback versus 4.5005/5050 at Thursday’s close. — Picture by Sayuti Zainudin

Ringgit higher as global markets eye Fed and BoJ moves

Building cars in Germany for sale in Europe would allow China’s EV makers to avoid paying EU tariffs on electric cars imported from China and could pose a further threat to European manufacturers’ competitiveness. — AFP pic

Chinese investors consider buying Volkswagen’s German plants to expand EV production in Europe

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Smart Mobility, Seamless Journeys: APAS Leads a New Era for "Northbound Travel for Hong Kong Vehicles"

In his address to a group of investors in London, United Kingdom, Prime Minister Datuk Seri Anwar Ibrahim, who is also the finance minister, said the government has dedicated the past two years to improving governance, enhancing transparency, and intensifying anti-corruption efforts. — Picture by X/Anwar Ibrahim

Malaysia projects 5pc GDP growth in 2024 as PM Anwar courts London investors

While it is unclear what retaliatory action will come out of the Chinese government’s probe, U.S. firms such as Intel that derive a large portion of their revenue from selling mature node chips to the Chinese market could be affected. — Reuters file pic

China investigates US chip subsidies after claims of unfair competition and price undercutting