KUALA LUMPUR (Sept 1): In sentencing Datin Seri Rosmah Mansor to 10 years’ jail and a RM970 million fine, High Court judge Mohamed Zaini Mazlan warned that corruption must be curtailed before it becomes a pandemic.

Judge Zaini: Corruption, if not controlled, would reach every level of society

The High Court on Thursday has found Datin Seri Rosmah Mansor guilty on all three counts of graft in her solar hybrid graft trial involving 369 rural schools in Sarawak.

Rosmah found guilty of all charges, sentenced to 10 years' jail and record RM970 mil fine

The number of Americans filing new applications for unemployment benefits fell to a two-month low last week, suggesting labour market conditions remained stable in April, though uncertainty around tariffs is making businesses hesitant to boost hiring.

US labour market stable; single-family homebuilding dives amid tariffs 

Alphabet's Google illegally dominated two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for US antitrust prosecutors to seek a breakup of its advertising products.

Google holds illegal monopolies in ad tech, judge finds, allowing US to seek breakup

Barisan Nasional (BN) candidate Dr Mohamad Yusri Bakir has been urged to complete his campaign rounds at all 20 polling districts (PDM) in Ayer Kuning within the first week to ensure smooth groundwork in defending the state seat.

Ayer Kuning polls: BN candidate told to cover all 20 polling districts in first week

KUALA LUMPUR (April 17): Sin Chew Daily's editor-in-chief and deputy chief sub-editor were released on police bail on Thursday night after being detained for nearly five hours.

According to the Chinese-language newspaper, its editor-in-chief Chan Aun Kuang and deputy chief sub-...

Sin Chew editors released on bail after nearly five-hour detention

Malaysia, as the Asean chair for 2025, is committed to enhancing connectivity and regional cooperation among Asean member states, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar emphasised Malaysia's dedication to attracting sustainable investments that deliver positive spill-over effects for the national economy.

Anwar highlights investment opportunities in Malaysia to Thai business leaders

Sarawak Premier Tan Sri Abang Johari Tun Openg has described a report alleging the state as being keen to acquire a stake in AMMB Holdings Bhd (AmBank Group) (KL:AMBANK) to merge with its 31.25%-owned Affin Bank Bhd (KL:AFFIN) as mere speculation, according to Bernama.

Sarawak premier dismisses talk of state’s interest in Ambank for Affin merger — report

InvestSarawak and China Energy Engineering Investment Corporation Ltd (CEEIC) on Thursday signed a memorandum of understanding (MOU) to jointly develop large-scale renewable energy generation and infrastructure projects in Sarawak, with a potential investment value of US$1.35 billion (RM6 billion).

InvestSarawak, China Energy Engineering ink MOU for RM6 bil renewable energy projects

The High Court here on Thursday ruled that it has jurisdiction to hear the lawsuit filed by the sons of the late Tun Abdul Taib Mahmud, Sarawak’s seventh governor, against their stepmother, Toh Puan Raghad Kurdi Taib.

High Court rules it has jurisdiction to hear lawsuit against Taib's wife Raghad 

The Pakistani government will seek expressions of interest next week for the sale of Pakistan International Airlines, the privatisation ministry said on Thursday, days after it reported its first annual profit in over two decades.

Pakistan seeking bids to sell national airline next week

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

HexTech, Chin Hin, Fiamma, Mudajaya, Perak Transit, Meta Bright, NEXG, Ancom Nylex, MN Holdings, Sunsuria, T7

TRX City Sdn Bhd, the master developer of the 70-acre Tun Razak Exchange (TRX), has received the green light to begin construction of a new office tower that will have PricewaterhouseCoopers Malaysia Holdings Sdn Bhd (PwC Malaysia) as its anchor tenant.

TRX to begin construction of new office tower with PwC Malaysia as anchor tenant, says CEO

The export ban on Nvidia Corp’s H20 chip to China does not negatively affect the sales pipeline of artificial intelligence (AI) graphic processing unit (GPU) servers assembled by NationGate Holdings Bhd (KL:NATGATE), said co-founder and managing director Datuk Ooi Eng Leong.

NationGate AI server sale shielded from Nvidia's top chip export ban to China, says MD

Sarawak Premier Tan Sri Abang Johari Tun Openg has described a report alleging the state as being keen to acquire a stake in AMMB Holdings Bhd (AmBank Group) (KL:AMBANK) to merge with its 31.25%-owned Affin Bank Bhd (KL:AFFIN) as mere speculation, according to Bernama.

Malaysia Aviation Group Bhd (MAG), the parent of national carrier Malaysia Airlines Bhd, warned that the global supply chain pressures from the new US tariffs could raise its operating costs by up to 25%.

Malaysia Aviation Group warns of higher fares as costs surge from US tariffs

Datuk Eddie Ong Choo Meng has ceased to be a substantial shareholder of Perak Transit Bhd (KL:PTRANS), after disposing of a 1.5% stake in the developer and operator of integrated public transportation terminals.

Eddie Ong ceases to be substantial shareholder of Perak Transit

President Donald Trump said Federal Reserve chair Jerome Powell’s termination from his position can’t come quickly enough, arguing that the US central bank should have lowered interest rates already this year, and in any case should do so now.

Trump says Powell’s termination can’t happen fast enough

Malaysia Aviation Group (MAG) is on track to hand over its rural service subsidiary MASwings to the Sarawak government on Jan 1, 2026.

Malaysia Aviation Group set to hand over MASwings to Sarawak in 2026

Malayan Banking Bhd's (KL:MAYBANK)&nbsp;economic empowerment programme R.I.S.E. (Reach Independence and Sustainable Entrepreneurship) has made a positive impact in Malaysia, Indonesia, the Philippines, Laos, Cambodia and Singapore, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar praises Maybank’s R.I.S.E. initiative for its regional impact

China is ready to share its rare earth processing technology with Malaysia — a move which will generate greater value compared to exporting raw materials.

Tok Mat says China ready to share rare earth processing technology with Malaysia

Chinese President Xi Jinping outlined a three-point proposal to build a high-level strategic Malaysia-China community with a shared future, during talks with Prime Minister Datuk Seri Anwar Ibrahim&nbsp;in Putrajaya on Wednesday.

China's Xi makes three proposals to deepen strategic partnership with Malaysia

RBC BlueBay Asset Management has opened short positions on the US dollar, betting on the end of US exceptionalism as President Donald Trump's trade war threatens to destroy decades of trust and credibility in the currency.

BlueBay sells US dollars short, citing low investor confidence

NEXG Bhd (KL:NEXG), formerly known as Datasonic Group Bhd, said on Thursday that Urusharta Jamaah Sdn Bhd, a special purpose vehicle established under the Ministry of Finance, has ceased to be a substantial shareholder of the company.

Urusharta Jamaah ceases to be substantial shareholder in NEXG

Hextar Technologies Solutions Bhd (KL:HEXTECH) is set to emerge as the largest shareholder in Widad Group Bhd (KL:WIDAD), with a 23.03% stake, following a land injection deal in Negeri Sembilan.

Hextar Technologies to emerge as Widad’s largest shareholder following Nilai land injection

The temporary closure of KL Tower — the first since it began operations — has not calmed the dispute between the government and former operator Menara Kuala Lumpur Sdn Bhd (MKLSB).

Former KL Tower operator plans more legal action over tower's temporary closure

The chief editor and deputy chief sub-editor of Sin Chew Daily were detained on Thursday to assist in investigations regarding the publication of an incomplete illustration of the Jalur Gemilang on the front page of the newspaper.

Sin Chew editors detained over Jalur Gemilang gaffe, says IGP

The simplified European Union Deforestation Regulation (EUDR) still may not fully benefit producing countries, and further measures will be required, the Malaysian Palm Oil Council said on Thursday.

Simplified EU rules may not fully benefit producers, more measures needed, says palm oil council

China's commerce ministry on Thursday urged the United States to stop putting "extreme pressure" on the world's second-largest economy and demanded respect in any trade talks, but the two sides remained at an impasse over who should start those talks.

China, US at impasse over who should start trade talks

Taiwan Semiconductor Manufacturing Co (TSMC)&nbsp;isn’t engaged in discussions to form a venture or share its technology with any company, its top executive said, dismissing persistent speculation that the Taiwanese company is negotiating a tie-up of some sort with ailing chipmaker Intel Corp.

TSMC dismisses Intel tie-up talk, says no intent to share tech

ACE Market-bound WTEC Group Bhd's 24 million new shares offered to the Malaysian public by application under its initial public offering (IPO) saw a modest oversubscription rate of 1.61 times, with subdued Bumiputera interest. Its placement of shares to selected Bumiputera investors also drew a tepid response.&nbsp;

WTEC Group's ACE Market IPO sees tepid Bumi interest

Transparency International Malaysia (TI-M) expresses deep&nbsp;concern over the restrictive implementation of access to beneficial ownership (BO) data in&nbsp;Malaysia. While the enactment of the&nbsp;Companies (Amendment) Act 2024&nbsp;marked a&nbsp;significant step towards corporate transparency, the subsequent limitations on data accessibility undermine the reform's objectives and contradict global best practices.

Hafiz Yatim, Tarani Palani & Izzul Ikram