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‘Numbers are more concerning’: US Fed chief Warsh breaks silence on economy, but still keeps markets guessing
WASHINGTON, Aug 29 — US Federal Reserve chair Kevin Warsh on Friday offered rare insight into his economic outlook, flagging that high inflation in the world’s largest economy was “concerning” and hinting that the central bank may need to act
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Petronas posts resilient 1H 2026 results, stays focused on safeguarding energy security
KUALA LUMPUR, Aug 28 — For the first half of the financial year ended June 30, 2026 (1H 2026), Petroliam Nasional Bhd (Petronas) recorded modest net profit and revenue that reflected disciplined execution, operational reliability and commercial excellence amid a
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Mida: Malaysia secures RM218.5b in approved investments in 1H 2026, up 11.7pc
KUALA LUMPUR, Aug 28 — Malaysia secured RM218.5 billion in approved investments in the first half of 2026 (1H 2026), up 11.7 per cent from RM195.5 billion in the same period last year, according to the Malaysian Investment Development Authority
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Malaysia’s export volume jumps 8.1pc in July, import volume up 14pc
KUALA LUMPUR, Aug 28 — Malaysia’s export unit value index in July 2026 increased by 0.6 per cent month-on-month (m-o-m) to 163.6 points from 162.6 points in the previous month, according to the Department of Statistics Malaysia (DOSM). In a
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US Treasury push puts Fed boss Warsh in a bind
WASHINGTON, Aug 27 — US Treasury Secretary Scott Bessent’s controversial efforts to lower Treasury yields have potentially put him at odds with Federal Reserve Chair Kevin Warsh, complicating the latter’s communications challenge this week. Warsh will deliver the opening address
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Malaysia must strengthen market foundations to stay competitive, says Amir Hamzah
KUALA LUMPUR, Aug 27 — Malaysia must go beyond embracing new technologies by strengthening market foundations, improving efficiency and widening access to capital to keep its financial and capital markets competitive, resilient and relevant. Finance Minister II Datuk Seri Amir
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Mah Sing buys RM186m Ampang land for RM1.92b M Araya project
KUALA LUMPUR, Aug 26 — Mah Sing Group Bhd’s wholly owned subsidiary Capitol Avenue Development Sdn Bhd has entered into conditional sale and purchase agreements to acquire several parcels of land in Ampang for a total consideration of RM186.17 million.
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IJM Corp subsidiary bags nearly RM1b in semiconductor and medical tech contracts
KUALA LUMPUR, Aug 26 — IJM Corporation Bhd’s (IJM Corp) wholly owned subsidiary, IJM Construction Sdn Bhd, has secured two fast-track semiconductor and medical technology projects worth a combined RM909.5 million for its financial year 2027 (FY2027) contract wins. One
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Proton powers towards best year in 15 years with 200,000-car sales target
KUALA LUMPUR, Aug 26 — Proton Holdings Bhd expects its total vehicle sales to reach 200,000 units in 2026, which will mark its highest annual sales performance in 15 years, following a strong first-half (1H) performance. Deputy chief executive officer
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Saudi Arabia signs US7b deal with France for three Paris theme parks, one manga-themed
PARIS, Aug 25 — France and Saudi Arabia yesterday signed a memorandum of understanding for a six-billion-euro (US$7-billion) Saudi investment to create three theme parks near Paris, including one expected to be manga-themed, the office of the French president said.
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