Business news
politics
KOTA KINABALU, Jan 17 — The construction of the Sabah Mini Complex of the Ministry of Natural Resources and Environmental Sustainability, costing RM80.9 million, is expected to be fully completed in early 2029, Minister Datuk Seri Arthur Joseph Kurup said. He stated the contractor entered the 6.77-hectare project site
business
SINGAPORE, Jan 17 — Singapore equities are positioned to surprise on the upside in 2026, driven by a combination of policy, liquidity, and technology factors that are reshaping how investors assess certainty in a volatile global environment. The market enters 2026 with momentum that is building rather than fading, according to
business
JAKARTA, Jan 17 — Indonesia's equity market is set for a meaningful re-rating in 2026, driven by a broad-based recovery in corporate earnings following a trough in 2025, according to financial analysts. The market outlook indicates improved performance as earnings rebound across multiple sectors. This recovery is expected to
business
BEIJING, Jan 17 — China's central bank is maintaining its strategy of increasing gold holdings to optimize its international reserves, with experts citing intact fundamental drivers for long-term gold price rises. Increasing gold holdings remains a long-term strategic direction for the People's Bank of China, according to
business
PARIS, Jan 17 — Department stores worldwide are intensifying efforts to attract customers by offering curated experiences such as ice-skating shows, wine tasting, and architectural tours, according to industry reports. This strategic pivot aims to counter declining foot traffic and boost sales in an increasingly competitive retail landscape. Major retailers in
business
NEW YORK, Jan 17 — Wealthy buyers are increasingly seeking properties that can house extended families, according to the 2026 Luxury Outlook report by Sotheby's International Realty. The trend reflects a growing demand for larger, multi-generational living spaces in the luxury market. "The rich are increasingly looking for
technology
KUALA LUMPUR, Jan 17 — Generative artificial intelligence (AI) has increasingly penetrated everyday life, reaching ubiquity across society, business, and culture over the past three years, according to a recent report. This widespread adoption has raised concerns about potential hazards associated with AI technologies. Experts warn that without proper safeguards, AI
lifestyle
KUALA LUMPUR, Jan 17 — Bangsar Shopping Centre (BSC) continues to serve as a community hub in Bangsar, with families and neighbors frequenting the mall on weekday mornings, according to a recent report. The mall remains a focal point for local interactions and daily activities in the area. "Read full
business
KUALA LUMPUR, Jan 15 — The ringgit is expected to trade within a narrow range against the US dollar next week as investors await Bank Negara Malaysia's policy meeting on January 22. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said traders will closely watch the
business
CARACAS, Jan 15 — The Venezuelan government will channel $300 million in oil revenues through four local banks to sell dollars to companies for imports, aiming to ease a severe foreign exchange shortage, according to financial sources and an analyst. The funds, from oil income deposited in an account in Qatar,
politics
KUALA LUMPUR, Jan 17 — Home Minister Datuk Seri Saifuddin Nasution warned employers to ensure foreign workers have valid documents after a joint operation at an electronics factory on January 14 uncovered bogus papers. The minister confirmed earlier media reports that some detained foreign workers paid RM300 for fake documents. "
business
KUALA LUMPUR, Jan 17 — Sunway Bhd has made an unsolicited bid for IJM Corp Bhd, raising questions about whether it constitutes a hostile takeover, according to initial reactions. The bid was described as "unilateral" and unexpected by sources. It puts IJM Corp Bhd, a major construction and property