Ex-MyHSR Corp CEO Datuk Mohd Nur Ismal Mohamed Kamal is said to be returning to his old post at the company. Meanwhile, AirAsia says it plans to raise as much as RM2.4bil to keep its business afloat.</div><div class=inPageAd id=div-gpt-ad-inpage>

EVENING 5: MyHSR to see return of ex-CEO

NEW YORK/BENGALURU (March 10): Scott Rubner, a managing director in the derivatives sales and macro execution team at Goldman Sachs, has left the investment bank, a source familiar with the matter told Reuters on Monday.

Goldman Sachs MD Scott Rubner leaves firm — Reuters

Thailand will provide tax incentives for investments in the nation’s equity market that has underperformed peers this year amid foreign outflows.

Thailand offers tax incentives to bolster slumping stock market

KUANTAN (March 11): An elderly woman lost RM100,000 after being deceived by a syndicate impersonating a Bank Negara Malaysia (BNM) officer and a court representative last Sunday (March 9).

Woman loses RM100,000 to scammers impersonating BNM, court officials

KUALA LUMPUR (March 11): The Transport Ministry (MOT) has extended the commercial vehicle inspection period to 30 days before the motor vehicle licence (MVL) expiry, up from 14 days, to reduce congestion at inspection centres.

MOT extends commercial vehicle inspection window to 30 days — Loke

The UK’s Financial Conduct Authority said it’s now considering implementing a redress scheme that banks would have to follow if they discover consumers were harmed by historic practices in their motor finance businesses.

UK now considering a redress scheme for motor finance saga

Teleport, the logistics arm of Capital A Bhd (KL:CAPITALA), said it is actively seeking funds from private investors to boost its finances for expansion before embarking on an initial public offering (IPO).

Capital A's logistics arm Teleport seeking private funds to support expansion ahead of IPO, says CEO

Bank Negara Malaysia (BNM) and relevant stakeholders are working together to expedite the implementation of a long-term solution to effectively control medical cost inflation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

BNM, stakeholders to expedite long-term solution to tackle rising medical cost, Dewan Negara told

Emerging market stocks across Asia dropped in a broad-based selloff on Tuesday, with shares in the Philippines and Singapore leading the decline, as concerns over a US slowdown and potential recession deepened.

Asia stocks fall as US slowdown fears mount

Malaysia’s property market, which experienced positive growth across all sectors in 2024, is expected to maintain steady growth in 2025, according to speakers at the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) 17th Malays...

Real estate market to see steady growth ahead

LOW-key auto parts manufacturer Sapura Industrial Bhd (KL:SAPIND) is looking to diversify its earnings base and move into higher-margin products, which may involve manufacturing components for devices in the healthcare industry as well.

The company’s internal plan is for a revenue break...

Sapura Industrial seeks higher margins via diversification strategy

Malaysian stocks fell on Tuesday as the country’s benchmark index plunged to its lowest in one year within minutes of trading, amid fallout from the overnight meltdown on Wall Street.

Malaysian stocks broadly lower, KLCI plunges to one-year low after Wall Street's sharp drop

Anxiety that tariffs and government firings will torpedo growth in the world’s largest economy extended a three-week stretch of volatility across global markets. American stocks got hammered as Wall Street tempered bullish views while demand for recession havens boosted sovereign bonds.

US stocks tumble, Nasdaq has its worst day since 2022

Asian stocks took their cue from the Wall Street and fell sharply on Tuesday, as worries mounted that a wide-ranging trade war could dent US economic growth and result in a recession, leading skittish investors to&nbsp;the safe-haven&nbsp;Japanese yen.

Asian stocks slide as market sell-off deepens on US growth worries

Aluminium smelters in China, the world’s biggest producer, are set to enjoy a sharp rebound in profits this year as the cost of their key raw material, alumina, plunges.

China’s aluminium firms set to enjoy sharp rebound in profits on stunning drop in raw material costs

Bank Negara Malaysia (BNM), in collaboration with the Ministry of Health (MOH) and the Employees Provident Fund (EPF), will take steps to develop basic health insurance and takaful products that emphasise&nbsp;the concept of value-based healthcare, said Deputy Prime Minister&nbsp;Datuk Seri Dr Ahmad Zahid Hamidi.

BNM, MOH, EPF to develop basic health insurance, takaful products for more sustainable medical treatment access, says Zahid

KUALA LUMPUR (March 11): Malaysia’s upstream services firms in the oil and gas sector are expected to deliver strong earnings this year&nbsp;that belie their recent decline in valuations, said Kenanga Investment Bank.

Upstream oil and gas services stocks unduly punished amid strong earnings outlook, Kenanga says

Local consumer 'buy now, pay later' (BNPL) transactions surged in the second half of 2024 (2H2024), reaching RM7.1 billion, up from RM4.9 billion in 1H2024, said Finance Minister II&nbsp;Datuk Seri Amir Hamzah Azizan.

'Buy now, pay later' transactions hit RM7.1b in 2H2024, says Amir Hamzah

MANILA (March 11): Former Philippine president Rodrigo Duterte was served an Interpol arrest warrant from the International Criminal Court (ICC) on his arrival at Manila's main airport on Tuesday, the government said.

Philippines' ex-president Duterte arrested over 'drugs war' at International Criminal Court's request

Crude palm oil’s (CPO) continued premium over rival oils, such as soybean, is turning away&nbsp;Malaysian palm oil’s&nbsp;key buyers&nbsp;— India, the European Union and China — according to Gleanuk Economics.

CPO price premium over rivals is turning Malaysian palm oil’s key buyers to competing oils — analysts

Citigroup Inc&nbsp;downgraded its view on US equities while upgrading China to 'overweight', another sign of the growing divergence in the outlook towards the world’s top two markets.

Citi downgrades US stocks, raises China as 'America first' fades

PUTRAJAYA (March 11): The Court of Appeal on Tuesday has upheld the High Court decision made three years ago, which found the government liable for the unlawful detention of 1Malaysia Development Bhd (1MDB) critic Datuk Seri Khairuddin Abu Hassan, and for Khairuddin to be paid RM300,000 in general damages.

Unlawful detention case: Govt must pay 1MDB critic Khairuddin RM300,000 in general damages, says appellate court

CoreWeave, an artificial intelligence (AI) startup backed by Nvidia, has signed a five-year contract worth US$11.9 billion (RM52.6&nbsp;billion) with OpenAI ahead of its hotly anticipated stock market launch.

Nvidia-backed CoreWeave inks US$11.9b contract with OpenAI ahead of IPO

Eurozone finance ministers are worried that the change of policy under the new US&nbsp;administration to embrace cryptocurrencies could affect eurozone monetary sovereignty and financial stability, top officials said on Monday.

EU worries US embrace of crypto assets could impact Europe's financial stability

Talks between the US and China on trade and other issues are stuck at lower levels, people familiar with the matter said, with both sides talking past each other and failing to agree on the best way to proceed.

US-China tariff talks stuck at lower levels, stoking frustration — Bloomberg

Japan's trade minister fails to win tariff exemption assurance from US

Japan's trade minister fails to win tariff exemption assurance from US

Executives from some of the world’s top oil and gas producers offered full-throated support for US President Donald Trump’s “energy dominance” on Monday, even as financial markets slumped on broader concerns about his economic agenda.

Oil CEOs back Trump’s energy agenda as crude hits six-month low

Tesla Inc&nbsp;shares plunged to their worst day in more than four years, extending a slide in 2025 amid growing concerns on Wall Street about demand for the company’s electric cars.

Tesla tumbles most since 2020 on pullback in sales estimates

Apple Inc&nbsp;is preparing one of the most dramatic software overhauls in the company’s history, aiming to transform the interface of the iPhone, iPad and Mac for a new generation of users.

Apple preparing dramatic software overhaul for iPhone, iPad and Mac, Bloomberg reports

JEDDAH (March 10): Ukrainian President Volodymyr Zelenskiy met with Saudi Crown Prince Mohammed bin Salman ahead of talks between Ukrainian and US&nbsp;officials that Washington hopes will deliver substantial progress towards ending Russia's war with Ukraine.

Zelenskiy in Saudi Arabia as US voices hope for Ukraine peace talks

GuocoLand (Malaysia) Bhd (KL:GUOCO) has lodged its proposed RM500 million medium-term notes (MTN) programme with the Securities Commission Malaysia (SC) under the lodge and launch framework.