<div class=newsTextDataWrapInner>Malton Bhd gets&nbsp;RM703m construction works from Impian Ekspresi Sdn Bhd&nbsp;</div>
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Malton Bhd gets RM703m construction works from Impian Ekspresi Sdn Bhd 
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Malton gets RM703m construction works from Impian Ekspresi 

Treasury Secretary Scott Bessent said that the underlying economy is healthy and there’s no reason for the US to see a recession, while rejecting the idea of assuring there cannot be a downturn.

Bessent sees no reason for recession, economic data ‘healthy’

Tencent Music Entertainment Group's revenue rose 8.2% in the fourth quarter, as China's biggest music streaming company registered its second straight quarter of growth after a year-long slowdown.

Tencent Music quarterly revenue climbs 8% on stronger streaming demand

Alphabet said on Tuesday it would buy Wiz for US$32 billion (RM142.2 billion) in its biggest deal as the Google parent doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.com and Microsoft.

Alphabet to buy Wiz for US$32b in its biggest deal to boost cloud security

Apple Inc lost its fight at Germany’s top civil court to overturn a regulator’s decision to put it under tighter antitrust scrutiny alongside other US tech giants.

Apple loses top court fight over German antitrust crackdown

Volkswagen AG’s Audi will cut as many as 7,500 positions in Germany by 2029 as the automaker tries to shore up its flagging profitability.

Audi to cut 7,500 jobs in Germany to become more efficient

Indonesia’s veteran Finance Minister Sri Mulyani Indrawati said she will stay in her post, dispelling resignation rumours that helped drive the stock market to its biggest slump in three years.

Indonesia’s Indrawati says she is not quitting as finance chief

Majlis Amanah Rakyat (Mara) deputy director general (entrepreneurship) Datuk Zulfikri Osman has been appointed as the new Mara director general.

Zulfikri Osman appointed Mara director general 

Malaysia strongly condemned the killing of eight humanitarian workers from the Malaysian Consultative Council for Islamic Organisations (Mapim) in an airstrike in Gaza last Saturday.

Anwar condemns killing of Mapim humanitarian workers in Gaza 

Zero tolerance for intolerance is a crucial principle that must be firmly embraced in Malaysia, a country rich with cultural and religious diversity, said National Unity Advisory Council member Tan Sri Lee Lam Thye.

Lee Lam Thye urges zero tolerance for intolerance, return to core values of Rukun Negara 

Israeli airstrikes pounded Gaza, killing more than 400 people, Palestinian health authorities said on Tuesday, threatening the complete collapse of a two-month ceasefire as Israel vowed to use more force to free hostages held by Hamas.

Israeli strikes kill over 400 in Gaza, say Palestinians, threatening total truce collapse

Indonesian stocks plummeted 7% on Tuesday and the rupiah slid to a two-week trough, pressured by concerns over the government's fiscal strategy and the nation's growth prospects ahead of the central bank's monetary policy decision.

Indonesian stocks plunge 7% as growth, fiscal worries weigh

An ultra-high net worth Chinese businessman is suing four former staff in Singapore for allegedly misappropriating S$74 million (US$56 million or RM248.9 million), underscoring the vulnerabilities of certain family office structures.

Rich Chinese alleges family office staff in Singapore misused US$56m

Grab Holdings Ltd is moving forward with its attempt to take over GoTo Group, according to people familiar with the matter, who said the Singaporean ride and delivery firm has begun due diligence on its Indonesian rival.

Grab said to move forward with talks to acquire rival GoTo

The bank at the centre of Vietnam's biggest financial fraud has received a central bank bailout amounting 5% of the nation's 2024 economic output, which a local white knight hopes to repay in 15 years, documents seen by Reuters show.

Vietnam developer proposes 15-year rescue for bank at heart of giant fraud, documents show

With decades of governance experience across various levels, Gobind Singh Deo steps into his new role as national chairman of the Democratic Action Party (DAP) at a pivotal time in Malaysia’s political landscape.

Gobind takes helm of DAP, carrying forward father’s legacy

European markets held firm on Tuesday ahead of German lawmakers voting on a landmark overhaul to government spending, while uncertainty over a call on Ukraine between US President Donald Trump and Russia's Vladimir Putin kept gold at US$3,000 an ounce.

Euro, stocks rise ahead of landmark German spending vote 

US Commerce department bureaus informed staffers in recent weeks that Chinese artificial intelligence model DeepSeek is banned on their government devices, according to a message seen by Reuters and two people familiar with the matter.

US Commerce department bureaus ban China's DeepSeek on govt devices — Reuters

Gold scaled an all-time peak on Tuesday, extending its historic run above the US$3,000 mark as global uncertainties exacerbated by rising trade tensions kept investors hooked on the popular safe-haven asset.

Gold extends historic rally as investors seek cover from tariff risks

Indonesia will raise its palm oil export levy to between 4.5% and 10% of the crude palm oil reference price, up from 3% to 7.5%, to finance a mandated increase in the amount of the oil used in biodiesel, a plantation fund official said on Tuesday.

Indonesia to raise palm oil export levy to 4.5% to 10%, official says

US President Donald Trump said he would look to counter China’s economic advantage from coal-based electricity by authorising his administration to ramp up production of energy from the fossil fuel.

Trump says he’s authorising administration to produce coal power

Israeli airstrikes pounded Gaza, killing more than 400 people, Palestinian health authorities said on Tuesday, threatening the complete collapse of a two-month ceasefire as Israel vowed to use more force to free hostages held by Hamas.

A growing share of US consumers say they’re not seeking loans because they expect to be refused amid tight credit conditions, according to data from the Federal Reserve Bank of New York.

Americans see growing risk they’ll get turned down for loans

A Road Transport Department (JPJ) personnel was sentenced to one year in prison and a fine of RM80,000 by the Ayer Keroh Sessions Court here on eight counts of corruption.

JPJ personnel jailed, fined RM80,000 over graft

Police have recorded the statement of a 65-year-old man suspected of slapping a non-Muslim individual at a convenience store in a shopping mall on Sunday.

Johor police quiz man who allegedly slapped non-Muslim for eating during Ramadan

A trade war sparked by US President Donald Trump's tariffs may drive up global inflation, stoke market volatility and slow economic growth, the CEOs of two top Australian banks said on Tuesday, but added Australia was insulated from the disruption.

Australian bank CEOs say Trump 'tariff madness' may drive up global inflation

<h3>Banking</h3>

POSITIVE

MAYBANK IB RESEARCH (March 4): Banks ended 2024 on a decent note, with all banks under our coverage meeting expectations and AMMB Holdings Bhd (KL:AMBAN...

Brokers Digest: Local Equities - Banking, KPJ Healthcare Bhd, Guan Chong Bhd, Malakoff Corp Bhd

US President Donald Trump nominated Federal Reserve governor Michelle Bowman to the central bank's top regulatory post as vice-chair for supervision where she is expected to oversee an agenda of relaxed rule-writing and bank oversight.

Trump nominates US Fed governor Bowman as vice-chair for supervision

Investors slashed exposure to US equities by the most on record in recent weeks as expectations of global economic growth worsened, according to Bank of America Corp.

BofA survey shows biggest ever drop in exposure to US equities

China hasn’t imported liquefied natural gas from the US for 40 days, the longest gap in almost two years, as traders are forced to divert shipments elsewhere to avoid Beijing’s tariffs on the super-chilled fuel.

China halts US LNG imports as trade war reroutes deliveries

CEOs in Malaysia see a lack of availability of skilled workers as being the biggest threat to their business in the year ahead, a PwC survey shows. The result raises questions as to how this might impact companies’ growth plans and hiring.

Interestingly, this particular concern about sk...