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Stocks slip from AI-driven record highs, currencies on the defensive

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Emerging Asia shares declined for the first time in 2026 on Wednesday, after an artificial intelligence-led rally drove most benchmarks to record peaks, while currencies extended losses as the U.S. […]

Kemaman Port expansion set for completion by 2028

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KUALA TERENGGANU: Kemaman Port’s expansion, encompassing three key components, is expected to be completed by 2028, the Kemaman Port Authority chairman Datuk Azan Ismail said. Read full story Date: 7 […]

Intense heatwave grips Australia’s southern states, fans bushfires

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SYDNEY, Jan 7 (Reuters) – Australia’s south ‌sweltered through a brutal heatwave on Wednesday that delivered temperatures above 40 ‌degrees Celsius (104 degrees Fahrenheit) in some cities, triggering health warnings, […]

Federal Court dismisses Halim Saad’s leave to appeal in suit against govt, two others

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PUTRAJAYA: The Federal Court on Wednesday (Jan 7) dismissed businessman Tan Sri Halim Saad’s application to obtain leave to appeal a Court of Appeal’s decision that rejected his bid to […]

China to expand institutional opening-up of forex market in 2026

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BEIJING: The State Administration of Foreign Exchange has announced that it will expand high-level institutional opening-up and deepen facilitation reforms in the foreign exchange sector this year, according to the […]

Gold slides from 1-week high on profit-booking, dollar strength

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GOLD prices slid on Wednesday as investors booked profits after prices briefly climbed to a more than one-week high in earlier trade as a stronger dollar weighed on sentiment across […]

Dollar on the defensive as traders await key US economic data

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SINGAPORE: The dollar hugged tight ranges on Wednesday ahead of a slew of U.S. economic data that could set the tone for the Federal Reserve’s rate outlook, a factor traders consider […]

Senheng unveils point-based economy business model

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KUALA LUMPUR: Senheng New Retail Bhd unveiled its ninth transformation strategy — the point-based economy (PBE) business model — designed to elevate S-Coin into a central reward and engagement engine. […]

Perlis investment approval process to be restructured, shorter waiting times, says MB

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KANGAR The approval process for investments in Perlis will be restructured to shorten the waiting period, which previously took between two and three months, says Abu Bakar Hamzah. Read full […]

Three remanded over alleged RM40,000 false claims

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LABUAN: The Magistrate’s Court here issued a five-day remand order against two civil servants and a contractor to assist investigations into an alleged false claims case involving the supply of […]

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