<div class=newsTextDataWrapInner>KUALA LUMPUR (Nov 1): Berjaya Corp founder Vincent Tan takes back chairman reins</div>

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KUALA LUMPUR (Nov 1): Berjaya Corp founder Vincent Tan takes back chairman reins

 
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 Berjaya Corp founder Vincent Tan takes back chairman reins   

Indonesia's palm oil industry and farmer groups on Wednesday urged the government to reduce export costs, to offset the impact of market distortion caused by 32% US reciprocal tariffs on Indonesia's exports.

Indonesia's palm oil groups urge levy cuts to offset US tariff impact

Jati Tinggi Group Bhd (KL:JTGROUP) has secured a RM30.3 million subcontract for the relocation of power supply cables in Bandar Sri Pinang, Penang.

Jati Tinggi bags RM30m subcontract to relocate power cables in Penang

BEIJING (April 9): China will impose 84% tariffs on US goods from Thursday, up from the 34% previously announced, the finance ministry said on Wednesday.

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China finance ministry to impose tariffs of 84% on US goods

BEIJING (April 9): China on Wednesday said that any deal for TikTok had to comply with Chinese law, reiterating an earlier stance when asked about US President Donald Trump's move to extend the deadline for the TikTok sale by 75 days.

Trump extended the deadline last week after sources ...

China says any TikTok deal has to comply with Chinese law

Hibiscus Petroleum Bhd on Wednesday announced that its PM3 Commercial Arrangement Area (CAA) production sharing contract (PSC) offshore northeast Malaysia has been extended for 20 years.

Hibiscus’ PM3 CAA production sharing contract gets 20 year-extension

KUALA LUMPUR (April 9): Ajay Sharma CMG has been appointed the British High Commissioner to Malaysia in succession to Ailsa Terry CMG, according to the British High Commission in Kuala Lumpur on Wednesday.

Ajay Sharma named new British High Commissioner to Malaysia

US Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure on Wednesday in a sign that investors were dumping their safest assets as turmoil unleashed by US tariffs prompts forced selling and a dash for cash.

The 10-year Treasury yield has risen 36 basis points (bps) to 4.35% this week alone as prices fall sharply. If sustained, that would mark the biggest weekly jump since 2013.

Global bond rout starting to sound market alarm bells

The government will detail the follow-up actions on the tariffs imposed by the United States (US) on Malaysia at the National Geo-economic Action Centre (NGCC) meeting next Monday.

Putrajaya to detail US tariff response next Monday, says Fahmi

Gas Malaysia Bhd (KL:GASMSIA), part of the MMC Group, announced that its Serdang City Gate station has resumed operations, improving gas supply stability in the Klang Valley and reducing the number of affected customers to 275

Gas Malaysia says gas supply in Klang Valley is improving, with affected customers reduced to 275

PUTRAJAYA (April 9): The federal government, through the National Disaster Managment Agency (Nadma), has allocated RM14.7 million in disaster relief funds to the Selangor government for 2025.

Federal govt channels RM14.7m to Selangor for disaster assistance this year

SumiSaujana Group Bhd (KL:SUMI) plunged on its first day on the ACE Market below its listing price amid broader market sell-off reeling from Trump tariffs.

SumiSaujana slumps on ACE Market, on course to be worst IPO debut in five years

KUALA LUMPUR (April 9): Malaysian palm oil producers could steal the spotlight in the US, grabbing market share from Indonesia with their more competitive pricing, with the imposition of reciprocal tariff from April 9.

Malaysian palm oil producers could capture US market share from Indonesia with better pricing — CGS International

Global markets were pummelled on Wednesday as President Donald Trump's eye-watering 104% tariffs on China took effect, and a savage sell-off in US bonds sparked fears that foreign funds were fleeing US assets.

US bonds, dollar battered as 'sell America' trade heats up

KUALA LUMPUR (April 9): A lawyer is challenging the constitutionality of the Judicial Appointments Commission (JAC) and its power to appoint judges, arguing that the Judicial Appointments Commission Act 2009 is unconstitutional. &nbsp;

Lawyer launches constitutional challenge against Judicial Appointments Commission's judge appointment power 

Cuckoo International (MAL) Bhd said on Wednesday it is delaying its Bursa Malaysia listing by two months due to the current global market volatility.

Cuckoo International delays Bursa listing to June amid market rout

Malaysian stocks were broadly lower on Wednesday, tracking sharp losses in Asian markets and Wall Street reeling from US President Donald Trump’s reciprocal tariffs which came into force at 12.01pm local time.

Malaysian stocks broadly lower as Trump’s reciprocal tariffs come into force

Reach Ten Holdings Bhd is pushing ahead with its initial public offering (IPO) — the first Main Market&nbsp;listing for a Sarawak-based company in 15 years — against a worldwide market downturn.

Reach Ten pushes ahead with Main Market IPO, first Sarawak firm listing in 15 years

The High Court on Wednesday recorded a consent judgement between 1Malaysia Development Bhd (1MDB), SRC International Sdn Bhd, along with several other companies, and Shabnam Naraindas Daswani, where the Singaporean national was sued along with Datin Seri Rosmah Mansor.

1MDB withdraws suit against Singaporean Shabnam in US$346m Rosmah luxury goods case

US President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, as the European Union prepared retaliatory measures, escalating a global trade war.

Trump tariffs kick in, China and Europe hit back

The escalating trade war between the US and China saw President Donald Trump raise tariffs even further on small parcels that were until now exempt from taxes.

US slaps higher taxes on small parcels in tit-for-tat trade war

KIP Real Estate Investment Trust (KL:KIPREIT) is acquiring four retail properties worth RM118 million in Kuala Selangor&nbsp;and Kuantan, Pahang, marking a strategic suburban expansion.

KIP REIT to acquire RM118m worth of suburban retail assets, boosting portfolio to RM1.5b

Amid a sea of red, glove stocks on Bursa Malaysia have emerged as bright green spots for investors grasping for hope in markets roiled by Trump tariffs.

Glove stocks shine on Bursa amid sea of red roiled by US tariffs

HOUSTON (April 8): LNG Canada has started to cool down its liquefied natural gas (LNG) plant in Kitimat, British Columbia, considered a final step before it begins to produce the superchilled gas, two people told Reuters.

Petronas’ JV in Canada starts cooldown of plant in final step before producing LNG

Europe will probably be able to produce only a small portion of rare earths it needs for electric vehicles and wind turbines by 2030, mainly due to cheap competition from dominant producer China, a consultant said on Tuesday.

Europe seen struggling to compete with China on rare earths

Shafiq Abdul Jabbar, 47, is set to step down as group chief financial officer (GCFO) of AMMB Holdings Bhd (KL:AMBANK), effective July 1, 2025, just over a year into his role.

AMMB group CFO Shafiq Abdul Jabbar to step down on July 1

Emphasising a people-first approach,&nbsp;Lim Seong Hai Capital Bhd (KL:LSH) non-executive chairman Tan Sri Lim&nbsp;Keng&nbsp;Cheng said his vision for the Kuala Lumpur Tower is grounded in compassion and continuity, particularly in safeguarding the livelihoods of all existing staff.

LSH Capital chairman refutes KL Tower staff replacement rumours

(April 9):&nbsp;Malaysia’s sovereign wealth fund Khazanah Nasional Bhd&nbsp;said the uncertainty stemming from US President Donald Trump’s sweeping global tariffs is making it difficult to exit private assets, as it reviews its portfolio.

Khazanah MD says US tariffs uncertainty makes it hard to exit private assets

KUALA LUMPUR (April 9): WTEC Group Bhd on Wednesday launched its initial public offering (IPO) on the ACE Market of Bursa Malaysia, braving a global stock market rout triggered by the looming Trump tariffs.

WTEC Group braves global market rout, launches ACE Market IPO to raise up to RM33m

Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the country is entering the tariff disputes from a position of strength.

Bank Negara to look beyond key rate amid tariffs — governor

Gold prices firmed on Wednesday as traders sought the safe-haven asset after US President Donald Trump's "reciprocal" tariffs came into effect, while a weaker dollar and the rising prospect of US rate cuts lent support.