Former Prime Minister Datuk Seri Najib Razak was grilled by anti-graft officers today as the MACC seeks to build a case on 1MDB’s former unit, SRC International.</div><div class=inPageAd id=div-gpt-ad-inpage>

NEWS: Najib questioned over 1MDB scandal

Prime Minister Datuk Seri Anwar Ibrahim has urged the public not to jump to conclusions about Datuk Seri Ismail Sabri Yaakob’s alleged involvement in a corruption case.

Do not jump to conclusions on Ismail Sabri case — Anwar

The parties hoping to form Germany's next government agreed to create a €500 billion (RM2.35 trillion) infrastructure fund and overhaul borrowing rules, a tectonic spending shift that jolted markets on Wednesday on hopes of reviving Europe's largest economy.

Germany's Merz pushes fiscal 'bazooka' but support in doubt

Wall Street's main indices edged up on Wednesday, after better-than-expected services data allayed worries of a slowdown in the US economy, while investors awaited a potential softer approach from President Donald Trump on trade policy.

Wall St edges higher after services sector data; tariffs in focus

Global shipping executives gathered this week in Long Beach, California, for a major annual conference, expecting to discuss market trends and supply chain challenges.

Instead, they found themselves in crisis mode.

Tariff ‘earthquake’ sends shipping industry into crisis mode

Financial markets are signalling that the risk of a recession is growing as tariff-related uncertainty and indicators of economic weakness spread fear across Wall Street.

Wall Street banks say markets are flashing rising recession risk

US private payrolls increased at the slowest pace in seven months in February, blamed on policy uncertainty, likely related to tariffs on imported goods, and slowing consumer spending.

US private payrolls post smallest gain in seven months

EDGE WEEKLY: Deciphering PNB’s returns

Microsoft Corp warned that an advanced Chinese hacking group is waging a campaign of supply-chain attacks.

The company’s threat intelligence division said in a blog post on Wednesday that the group, known as Silk Typhoon, was targeting remote management tools and cloud applications in order to spy on a range of companies and organisations in the US and abroad.

Microsoft warns of Chinese hackers spying on cloud technology

Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday.

Capital A, AirAsia X, Sunway Construction, KJTS, KIP REIT, Magni-Tech, AEON, CIMB, PPB, Vizione, Kerjaya Prospek Property, OB Holdings

Exsim has mutually terminated its contract with Aperia Cloud Services for the Exsim Hyperscale Data Centre @ Bukit Jalil, opting instead to secure a "Japanese Fortune 500 company" as an anchor tenant while continuing to attract significant interest from other potential occupants.

Exsim cancels Aperia data centre contract, secures unnamed Japanese firm 

KUALA LUMPUR (March 5): Sunway Construction Group Bhd (KL:SUNCON) has secured a RM1.5 billion contract to undertake construction works for the Rapid Transit System Transit-Oriented Development (RTS TOD) at Bukit Chagar, Johor, in a related-party transaction.

Sunway Construction secures RM1.5b contract for transit-oriented project in Johor in related party transaction

Malaysia’s commercial real estate (CRE) market saw a strong recovery in 2024, in line with the global resurgence in property investment. According to The Wealth Report by Knight Frank, global CRE investment rebounded to US$806 billion, marking an 8% increase year-on-year, following a sharp contraction in 2023. Cross-border capital flows also rose by 12% to US$171 billion, underscoring the international appetite for real estate.

Knight Frank: Malaysia’s high-net-worth individuals drive property market growth amid global rebound

After a lifetime of dealmaking, 96-year-old Hong Kong billionaire Li Ka-shing may have just pulled off one of his boldest transactions yet.

Li Ka-shing escapes Trump glare with US$19b port stake sale to BlackRock-led consortium

THE end often comes “gradually, then suddenly”. In Ernest Hemingway’s 1926 novel The Sun Also Rises, a protagonist used the phrase to describe the two ways he went bankrupt. From literature to business to just about every aspect of the human relationship, change tends to take place slowly at firs...

Tech: Intel nears end as TSMC and Broadcom ready deals

KUALA LUMPUR (March 5): The Malaysian government's US$250 million (RM1.11 billion) partnership with leading semiconductor design firm Arm Holdings plc will usher in Malaysia’s second semiconductor wave, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar: RM1.1b partnership with UK’s Arm Holdings marks beginning of Malaysia’s second semiconductor wave

The Ministry of Finance (MOF) has confirmed that a civil servant was found dead at its complex on Wednesday, following a police report of an unconscious man found in the Treasury Office.

MOF confirms death in ministry complex; police classify case as sudden death

TA Securities has valued ACE-Market bound Lim Seong Hai Capital Bhd (KL:LSH) at RM1.27, a 44% jump from its initial public offering price (IPO) of 88 sen per share.

TA Securities values ACE Market-bound Lim Seong Hai 44% above IPO price

As the Bursa Malaysia Energy Index fell to a more than two-year low on Wednesday, market watchers see oil and gas (O&amp;G) stocks being attractively valued, with some offering attractive dividend yields and growth potential.

O&G stocks seen more attractive as Energy Index tumbles to over two-year low — analysts 

Reach Ten Holdings Bhd, a telecommunications provider based in Sarawak, has signed an underwriting agreement with M&amp;A Securities for its initial public offering (IPO) on Bursa Malaysia's Main Market, set for May 2025.

Sarawak telco Reach Ten inks underwriting deal for Main Market IPO

CIMB Group Holdings Bhd (KL:CIMB) aims to build a leading deposit franchise to reduce the cost of funds by 10 to 20 basis points (bps) by 2030, as part of its newly unveiled six-year roadmap known as Forward30.

CIMB aims to reduce cost of funds by 10-20bps by 2030 under new six-year roadmap

Call options on CK Hutchison Holdings Ltd&nbsp;that traded on Feb 18 are now worth 28,700% more after shares jumped following the sale of a subsidiary’s port stakes to a consortium led by BlackRock Inc.

Optimistic bets on Li Ka-shing's CK Hutchison jump 28,700% on unit's port stake sale to BlackRock-led group

Chemlite Innovation Bhd, which provides surface finishing treatment services, has opened application for its ACE Market initial public offering (IPO) at 25 sen per share.

Chemlite Innovation opens application for ACE Market IPO at 25 sen per share

US President Donald Trump pointed to South Korea as a country with more unfair tariffs against American products than China, while slamming the handing out of subsidies for foreign chipmakers like Samsung Electronics Co.

Trump puts spotlight on South Korea's ‘higher-than-China’ tariffs

PPB Group Bhd (KL:PPB) expects its grains and agribusiness division to benefit from the US-China tariff war, which is likely to lower American grain prices, particularly wheat and corn, helping to reduce&nbsp;costs.

PPB Group expects lower grain costs amid US-China tariff war

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday.

FBM KLCI up 0.56% to 1,564.42 on March 5, 2025 

Exsim has mutually terminated its contract with Aperia Cloud Services for the Exsim Hyperscale Data Centre @ Bukit Jalil, opting instead to secure a "Japanese Fortune 500 company" as an anchor tenant while continuing to attract significant interest from other potential occupants.

US&nbsp;President&nbsp;Donald&nbsp;Trump&nbsp;said on Tuesday he had received a letter from Ukrainian President Volodymyr Zelenskiy, in which the Ukrainian leader expressed willingness to come to the negotiating table over the&nbsp;Russia-Ukraine war.

Trump says Ukraine willing to negotiate, Russia 'ready for peace'

US President Donald Trump has hailed a deal led by US firm BlackRock to buy most of the US$22.8 billion (RM101.2 billion) ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.

Trump hails 'reclaiming' of Panama Canal after BlackRock-led group's deal to buy stake

Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday.

US&nbsp;President Donald Trump reiterated his interest in acquiring&nbsp;Greenland&nbsp;in his address to Congress on Tuesday, painting a picture of prosperity and safety for the "incredible people" of the island, an autonomous territory of the kingdom of Denmark.