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Former army chief Zamrose resigns as Boustead Heavy Industries director

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KUALA LUMPUR: Boustead Heavy Industries Corporation Bhd (BHIC) said General (Retired) Tan Sri Zamrose Mohd Zain has resigned as a director of the company, with effect from Jan 12, 2026. […]

Wall Street ends lower, led by drop in Nasdaq

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US stocks finished lower on Wednesday, led by a drop in the Nasdaq, with technology shares declining as investors moved into more defensive areas, while bank stocks extended recent losses following […]

Oil reverses gains after Trump eases worries over Iran

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Oil prices settled higher on Wednesday, then gave back most of the day’s gains after US President Donald Trump eased fears of disruptions to Iranian supplies when he said late in […]

Indonesia’s reduced import quota threatens beef supply, jobs

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Several associations of the national meat processing and import industry have raised concerns over a sharp reduction in the beef import quota for private companies. Read full story Date: 15 […]

Jakarta sees minimal fallout from tariff hike

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Indonesia is not overly concerned about potential new tariffs announced by United States President Donald Trump targeting countries that trade with Iran, the government says, citing the relatively small size […]

Scotland plans tax on homes over US$1.35mil

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The Scottish government plans to introduce two new council tax bands by 2028 for the most expensive properties while raising the threshold at which lower earners pay income tax. Read […]

Saks’ CEO Baker to exit retailer ahead of bankruptcy

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Saks Global Enterprises’ chief executive officer (CEO) Richard Baker is departing the beleaguered luxury conglomerate he created as it prepares to restructure under bankruptcy court protection.   Read full story […]

South Korean manufacturers brace for slowdown amid volatility

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Nearly four in 10 South Korean manufacturers expect an economic slowdown in the country this year. Read full story Date: 15 January, 2026 7:00 am Source: thestar.com.my

UK commits to  new rail project

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Britain commits to a new rail infrastructure programme worth up to £45bil (US$60bil) for the north of England, a region long held back by underinvestment. Read full story Date: 15 […]

Global EV sales likely to slow after jump last year

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Global electric vehicle (EV) registrations grew 20% last year but are likely to lose pace in 2026, data show, as a slowdown in China and a relaxation of electrification targets […]

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