<div class=newsTextDataWrapInner>Flash: MoF SPV will acquire RM19.9b TH assets in exchange for RM10b sukuk, RM9.9b RCPS-i</div>
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Flash: MoF SPV will acquire RM19.9b TH assets in exchange for RM10b sukuk, RM9.9b RCPS-i
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MoF SPV will acquire RM19.9b TH assets in exchange for RM10b sukuk, RM9.9b RCPS-i

Chinese artificial intelligence (AI) phenomenon DeepSeek revealed some financial numbers on Saturday, saying its “theoretical” profit margin could be more than five times costs, peeling back a layer of the secrecy that shrouds business models in the AI industry.

China's DeepSeek says theoretical profit margin is 545% for its AI models

The Norwegian government will soon ask that Parliament increases its financial backing for Ukraine, Norway's Prime Minister Jonas Gahr Stoere told public broadcaster NRK on Saturday.

Norway PM plans to raise financial support for Ukraine

The Control of Padi and Rice Act 1994 (Act 522) does not have clear provisions for prosecuting people involved in the 50-year-old practice of mixing imported white rice (BPI) and local white rice (BPT), according to the Ministry of Agriculture and Food Security.

No provision in Act 522 against 50-year-old practice of mixing imported and local white rice — ministry

The Employees Provident Fund’s (EPF) strong performance reflects investor confidence in the Madani government’s growth-friendly policies, Prime Minister Datuk Seri Anwar Ibrahim said on Saturday.

EPF’s strong performance reflects investor confidence in govt's growth-friendly policies — PM

Malaysians can now check the status of their Sumbangan Tunai Rahmah (STR) or their applications for the cash aid at the official STR portal using MyDigital ID.

MyDigital ID can now be used to access Sumbangan Tunai Rahmah portal, says IRB

The Perak government has expressed its hope that the Kerian Integrated Green Industrial Park (KIGIP) development can be completed within the stipulated time frame by the end of 2028.

Perak wants Kerian Integrated Green Industrial Park completed by 2028, says MB

Six candidates from the Tapah Umno division have been shortlisted for the Umno Supreme Council’s consideration to contest the upcoming Ayer Kuning state by-election.

Umno shortlists six candidates for Ayer Kuning state by-election

The strong and competitive dividend rates achieved by the Employees Provident Fund (EPF) for 2024 demonstrate the fund’s resilience and commitment to ensuring a secure future for its members during retirement, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

EPF's resilience, commitment reflected in strong dividend performance, says Amir Hamzah

Amendments to the Employees Provident Fund (EPF) Act 1991 to make it compulsory for foreign workers to contribute to the fund will be tabled in the Dewan Rakyat next week, said its chief executive officer Ahmad Zulqarnain Onn.

Amendments to EPF Act enabling mandatory foreign worker contribution to be tabled in Parliament next week, says CEO

The Employees Provident Fund’s (EPF) foreign investments continued to outperform its domestic investments in generating returns last year.

Foreign investments, despite only comprising 37% of the provident fund’s RM1.25 trillion assets under management (AUM) as at end-December 2024, generated RM37.44 billion or 50.3% of total investment income.

EPF’s foreign investments outperform domestic again in 2024

The Employees Provident Fund (EPF) has declared a dividend rate of 6.3% for conventional savings, the highest since 2017 when it declared a 6.9% dividend, and also 6.3% for shariah savings for the financial year ended Dec 31, 2024 (FY2024). The dividend rate for shariah savings in 2017 was 6.4%.

EPF declares dividend rates of 6.3% for both conventional, shariah savings for 2024 — highest since 2017

The Edge looks into the uproar over why the Employees Provident Fund (EPF) chose to reduce its holdings in airport operator Malaysia&nbsp;Airports Holdings Bhd (MAHB) at a lower price prior to the RM11 per share offer to take over the group from Gateway Development Alliance Sdn Bhd (GDA) — a consortium 30% owned by the EPF.

EPF cites insider trading rules on MAHB share trades as critics decry missed profits

The Employees Provident Fund’s (EPF) foreign investments continued to outperform its domestic investments in generating returns last year.

Foreign investments, despite only comprising 37% of the provident fund’s RM1.25 trillion assets under management (AUM) as at end-December 2024, generated RM37.44 billion or 50.3% of total investment income.

Ukrainian President Volodymyr&nbsp;Zelenskiy's meeting with Donald Trump&nbsp;ended in disaster on Friday, after the two leaders clashed in an extraordinary exchange before the world's media at the White House over the&nbsp;war&nbsp;with Russia.

Trump and Zelenskiy clash, leaving Ukraine exposed in war with Russia

Malaysia’s ambition to unlock RM747 billion (according to government estimates) worth of rare earth elements (REE) embedded in the country’s hills and soil&nbsp;has recently come under the spotlight — and for good reason.

Unlocking Malaysia’s rare earth potential

Fernando Fernandez, who takes over on Saturday&nbsp;as the new chief executive officer of&nbsp;Unilever plc,&nbsp;has a track record in emerging&nbsp;markets that have driven the expansion in recent years of what’s one of the world’s biggest consumer goods groups. The 37-year company veteran&nbsp;will&nbsp;need all the skills he can muster for a market where the&nbsp;maker of Dove soap and Ben &amp; Jerry's ice cream faces some of its most-entrenched problems: Indonesia.&nbsp;

Unilever’s woes in Indonesia carry a warning for new CEO

The strong and competitive dividend rates achieved&nbsp;by the Employees Provident Fund (EPF) for 2024 demonstrate&nbsp;the fund’s&nbsp;resilience and commitment to ensuring&nbsp;a secure future for its members&nbsp;during&nbsp;retirement, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

The Prime Minister’s Office (PMO) will introduce a live broadcast of its daily&nbsp;briefings starting from Monday to ensure the public receive accurate and reliable&nbsp;information directly from the official source, it said on Saturday.

PMO to hold live daily briefings on key issues, says step crucial to counter misinformation, false narratives

US President Donald Trump will preside over the White House’s first cryptocurrency summit next Friday, further establishing his embrace of the industry.

Trump will deliver remarks at the gathering that “will include prominent founders, chief executive officers, and investors from the crypto industry, as well as members of the president’s Working Group on Digital Assets”, the White House said in a statement on Friday night.&nbsp;

Trump to host crypto summit at White House next Friday

Wall Street indices advanced in choppy trading on Friday, after briefly dipping following a contentious White House meeting with Ukrainian President Volodymyr Zelenskiy.

US stocks gain in choppy trade as oil prices drop

BYD Co&nbsp;wants to build a third factory in Europe to expand in the region that has hiked tariffs on electric-vehicle (EV) imports from China.

BYD eyes third plant in Europe as EV tariffs bite

HP Inc chief executive officer Enrique Lores said the hardware maker is considering moving some of its manufacturing to the US, as President Donald Trump threatens nations around the world with&nbsp;tariffs&nbsp;and presses corporations to invest more domestically.&nbsp;

HP CEO says he’s considering shifting some manufacturing to US

Amendments&nbsp;to the Employees Provident Fund (EPF) Act 1991 to make it compulsory for foreign workers to contribute to the fund will be tabled in the Dewan Rakyat next week, said its chief executive officer Ahmad Zulqarnain Onn.

Chinese artificial intelligence (AI) phenomenon DeepSeek revealed some financial numbers on Saturday, saying its “theoretical” profit margin could be more than five times costs, peeling back a layer of the secrecy that shrouds business models in the AI industry.

Johnson &amp; Johnson&nbsp;(J&amp;J) told a judge its US$9 billion&nbsp;(RM40.16 billion) proposal to settle baby powder cancer claims in the bankruptcy court is the only viable way to end more than 15 years of litigation, while opponents assailed the company’s efforts to line up support for its plan as deeply flawed.

J&J spars with foes of US$9b talc cancer plan as trial ends

China’s factory activity returned to expansion in February, a sign of resilience in an economy hit by higher US tariffs and suffering from weak domestic demand.

China's factory activity returns to expansion but trade risks grow

Malaysia’s economic resilience and progress depend on inclusive financing access, something that is easily overlooked&nbsp;by those working in the formal sector, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

Govt schemes provide inclusive financing access for gig sector, first-time homebuyers, says Amir Hamzah

Malaysians can now check the status of their Sumbangan Tunai Rahmah (STR) or their applications for the cash aid at the official STR portal using MyDigital ID.

The Perak government has expressed its hope that the Kerian Integrated Green Industrial Park (KIGIP) development&nbsp;can be completed within the stipulated time frame&nbsp;by the end of 2028.

The Employees Provident Fund’s (EPF) strong performance reflects investor confidence in the Madani government’s growth-friendly policies, Prime Minister Datuk Seri Anwar Ibrahim said on Saturday.