Global stocks slid to two-month lows, while the dollar rose to its highest in over five months on Tuesday, after stronger-than-expected US retail sales further reinforced the view that the Federal Reserve may not rush to cut interest rates this year.

Stocks slide, dollar up as ‘higher for longer’ rate view takes root 

Former prime minister Tan Sri Muhyiddin Yassin has requested for a bench of five Court of Appeal (COA) judges to hear his review against the court’s own decision to reinstate abuse of power charges involving RM232.5 million against him.

Muhyiddin seeks five-judge bench to hear criminal charges review

Former prime minister Datuk Seri Najib Razak's appeal to recuse judge Datuk Collin Lawrence Sequerah in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial will be heard in August.

Appeals Court sets Aug 20 to hear Najib's bid to recuse judge in 1MDB-Tanore trial

Mark Zuckerberg won his bid to avoid personal liability in about two dozen lawsuits accusing Meta Platforms Inc and other social media companies of addicting children to their products.

Zuckerberg avoids personal liability in Meta addiction suits

A Hong Kong bank has filed a request for a court to liquidate Chinese developer Times China Holdings Ltd, the latest example of creditors trying to recoup money from defaulted builders amid the nation’s property crisis.

Property developer Times China receives winding-up petition in Hong Kong

Donald Trump became the first former US president to stand criminal trial on Monday when he appeared in a Manhattan court to face charges stemming from a hush-money payment to a porn star that could complicate his bid to win back the White House.

Trump faces criminal trial, a historic first for a former president

Datuk Shahrol Azral Ibrahim Halmi, a former director of SRC International Sdn Bhd, told the court on Monday that while his statements had been recorded by the authorities in connection with the operations of the former 1Malaysia Development Bhd (1MDB) subsidiary, he was never arrested on any charges.

Shahrol: I was never arrested by authorities

Former health minister Khairy Jamaluddin's defamation suit against Umno supreme council member Datuk Lokman Noor Adam, over Lokman’s social media posts on Covid-19 in early 2022, has been settled out of court.

Lokman to issue public apology to Khairy in settlement over Covid defamation suit

The Federal Court has set May 17 to hear the appeals by the government of Malaysia and the Attorney-General (AG) to strike out two suits brought by Lawyers for Liberty (LFL) against the Malaysian and Singapore governments.

Hearing of govt, AG’s appeal to strike out lawsuits by Lawyers for Liberty on May 17

Apple on Friday lost a bid to throw out a mass lawsuit valued at just under US$1 billion (RM4.77 billion), brought in London on behalf of more than 1,500 app developers over its App Store fees.

Apple loses bid to throw out UK lawsuit over app store fees

KUALA LUMPUR (April 12): An Israeli man pleaded not guilty at the Sessions Court here on Friday to two charges of trading six firearms and possessing 158 of bullets in a hotel here last month.

Israeli man pleads not guilty to charges of firearms trading, ammunition possession

BRASILIA (April 11): A Brazilian judge has suspended the chair of state oil firm Petrobras' board, Pietro Sampaio Mendes, over a conflict of interest regarding his role in the Ministry of Energy, according to a court decision seen by Reuters on Thursday.

Brazil judge suspends Petrobras chair over conflict of interest

Israeli man Avitan Shalom, who was arrested in possession of six pistols and 200 rounds of ammunition at a hotel here last month, will be charged at the Kuala Lumpur Sessions Court on Friday morning.

Israeli man to be charged on Friday morning

A Vietnam court sentenced real estate tycoon Truong My Lan to death for her role in a US$12 billion (RM56.98 billion) fraud case, underscoring the Communist Party’s determination to crack down on corruption.

Vietnamese tycoon Lan sentenced to death over US$12b fraud

The Ministry of Transport (MOT) will seek the views of various parties, including the Royal Malaysian Police and the National Security Council (MKN), in improving the security aspects of airports in the country.

MOT to get views of police, National Security Council to improve airport security, says Loke

A fire hit Copenhagen's Old Stock Exchange on Tuesday, one of the Danish capital's best-known buildings, engulfing its spire which collapsed onto the roof in a scene reminiscent of the 2019 blaze at Paris' Notre-Dame cathedral.

Fire breaks out at Copenhagen's historic stock exchange, spire collapses

The Sarawak government has welcomed the appointment of Lawrence Wong as Singapore's next prime minister, while also expressing interest in studying further the republic's approach to assisting its low-income sector.

Abang Johari sees more Sarawak-Singapore collaborations under PM Wong

China’s airlines flew a record number of people in the first quarter (1Q), amid government efforts to boost the nation’s tourism sector and strong demand for holidays at home.

China air travel hits fresh record in 1Q on Lunar New Year boost

European natural gas prices kept rising on April 16 after top Israeli military officials reasserted that their country has no choice but to respond to Iran’s weekend drone and missile attack.

European gas jumps as Israel vows response to Iran attack

A suspect, who was arrested over Sunday’s shooting incident at Terminal 1 of the Kuala Lumpur International Airport (KLIA), is being remanded for seven days.

KLIA shooting suspect remanded for seven days

Net-zero carbon (NZC) goals are driving the demand for sustainable office buildings in Asia, according to JLL’s report Asia’s Decade of Action: Accelerating the transition to Sustainable Workplaces. The report stated that 87% of occupiers in Asia are targeting 100% green-certified portfolios by 2...

JLL: Net-zero carbon goals drive accelerated demand for sustainable workplaces in Asia

Superdry plc plans to quit the London Stock Exchange (LSE) as the troubled fashion retailer pushes through a radical restructuring to stay afloat.

The British clothing chain, which soared to popularity in the 2000s for its bold lettered tops, said leaving the stock market, raising more funds and implementing a programme to cut some UK store rents and payments owed to local authorities will help it revive the core business.

Superdry to quit LSE in restructuring to turn it around

A heat wave in the Philippines forced power plants to shut down on April 16, placing the country at risk of blackouts and prompting the government to call on people to reduce consumption.

Extreme heat shuts Philippine power plants and risks blackouts

The collective wealth of tycoons listed on the 2024 Forbes Malaysia Rich List increased by a modest 2% to US$83.4 billion (RM398.8 billion), according to Forbes Asia.

Wealth of Malaysia’s 50 richest individuals on Forbes list rises 2% — Forbes Asia 

Datuk Abdul Rahman Ahmad will return to Permodalan Nasional Bhd (PNB) as its president and group chief executive effective July 1, 2024, the government-linked investment company said.

CIMB’s Abdul Rahman Ahmad returns to PNB as president, group chief executive

E-government services providers MyEG Services Bhd and HeiTech Padu Bhd have formed a partnership to collaborate on IT projects in Malaysia.

According to separate bourse filings from both companies on Tuesday, MyEG and HeiTech Padu have inked a teaming agreement for the collaboration.&nbsp;

MyEG, HeiTech Padu form partnership to collaborate on IT projects

CIMB Group Holdings Bhd, Malaysia’s second-biggest banking group by assets, said on Tuesday its chief executive Datuk Abdul Rahman Ahmad will step down on June 30.

CIMB says CEO Abdul Rahman Ahmad stepping down on June 30

Alliance Bank Malaysia Bhd’s (ABMB) net profit is expected to jump by 37.3% year-on-year (y-o-y) to RM179 million for the fourth quarter ended March 31, 2024 (4QFY2024), according to AmInvestment Bank Research.

AmInvestment sees Alliance Bank’s 4Q earnings jump by 37% y-o-y

Global stocks slid to two-month lows, while the dollar rose to its highest in over five months on Tuesday, after stronger-than-expected US retail sales further reinforced the view that the Federal Reserve may not rush to cut interest rates this year.

The Ministry of Transport clarified on Tuesday that the higher contract value of RM190.01 million awarded to HeiTech Padu Bhd for Road Transport Department (JPJ) services was only due to a longer extended contract duration.

Loke: Higher contract value awarded to HeiTech Padu due to longer extended duration

The automotive industry is not exactly the place one would want to be in the next few years.

Competition among manufacturers of internal combustion engine vehicles, battery electric vehicles (EVs) and hybrid cars has been ongoing for more than a decade now. Last year, some certainty fin...

Alternative Views: Automotive industry feels heat from intensifying EV price war

Singapore’s Prime Minister Lee Hsien Loong is stepping down on May 15 after two decades in office. Lee, 72, will hand the reins over to his deputy Lawrence Wong, 51, in a widely-telegraphed transition.

What observers are saying as Singapore’s Lee paves way for next PM Wong

Carlo Rino Group Bhd has filed for an initial public offering (IPO) that would raise more funds for the apparel company as part of its listing transfer to the ACE Market from the LEAP Market.

Carlo Rino files draft prospectus for listing transfer to ACE Market

Analysts are positive on Malaysia’s pilot green power exports to Singapore using existing infrastructure in both countries, following establishment of the platform enabling cross-border trading of green electricity, the Energy Exchange Malaysia (Enegem).

Analysts positive on pilot green power exports to Singapore; name Tenaga, YTLP as top picks

China said it believed Iran could "handle the situation well and spare the region further turmoil" while safeguarding its sovereignty and dignity, referring to an attack on Iran's embassy in Syria and its retaliatory strike over the weekend.

Iran able to 'handle situation' and spare Middle East more tension, China's foreign minister says

Bursa Malaysia ended the morning session lower on Tuesday, in tandem with the weaker regional performance due to a broad sell-off on Wall Street overnight, said an analyst. &nbsp;

Bursa ends morning session lower along with regional peers

The Ministry of Transport (MOT) has not been informed of any corporate deal involving Malaysia's biggest port operator MMC Port Holdings Sdn Bhd, said its Minister Anthony Loke Siew Fook.

MOT unaware of potential MMC Port stake sale to foreign investors, says Loke

KTI Landmark Bhd (KTI) has signed an underwriting agreement with M&amp;A Securities Sdn Bhd for its listing on the ACE Market of Bursa Malaysia Securities Bhd.

In a statement on Tuesday, the Sabah-based integrated property developer said the initial public offering (IPO) comprises a public issue of 160 million new shares and an offer for sale of 45 million existing shares, representing 20% and 5.6% of the enlarged share capital of KTI respectively.

KTI Landmark inks underwriting deal with M&A Securities en route to ACE Market listing

Former prime minister Tan Sri Muhyiddin Yassin has requested for a bench of five Court of Appeal (COA) judges to hear his review against the court’s own decision to reinstate abuse of power charges involving RM232.5 million against him.

RHB Retail Research said Cosmos Technology International Bhd has confirmed a bullish setup after breaking past a key resistance on strong volume.

Cosmos Technology has confirmed bullish setup, says RHB Retail Research 

RHB Retail Research said Notion VTec Bhd is looking to extend upside movement after staging a bullish breakout.

Notion VTec aiming to extend upside movement — RHB Retail Research 

Shares of EP Manufacturing Bhd (EPMB) climbed on Tuesday and may be set for its best day in ten months after the auto parts maker signed a 10-year vehicle assembly deal with a Chinese carmaker.

EP Manufacturing shares chart best day in 10 months after assembly deal

European Commission President Ursula von der Leyen is unleashing a barrage of trade restrictions against China as she seeks to follow through on a pledge to make the EU a more relevant political player on the global stage.

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