Capital A fails to get Bursa Malaysia time extension
KUALA LUMPUR: Capital A Bhd did not receive approval from Bursa Malaysia Securities Bhd for an extension of time to complete its proposed share distribution. However, the distribution will still be implemented concurrently with the AirAsia X Bhd (AAX) private placement. In a filing with Bursa Malaysia, the company said that as announced on Dec 31, 2025, the distribution shares are intended to be allotted and issued by AAX concurrently with the placement shares to be issued pursuant to the AAX private placement. “The board intends to allot and issue the distribution shares soonest when they are allotted and issued concurrently with the AAX private placement.”For the avoidance of doubt, it said Capital A had proceeded to announce the entitlement date on the premise that there was sufficient time for the identified investors to provide the necessary documentation.
Source:The Star
January 07, 2026 03:05 UTC
Umno stays with unity govt
PUTRAJAYA: Umno has no intention of engaging in any “backdoor” (tebuk-atap) manoeuvres against the unity government prior to the next general election, says party president Datuk Seri Dr Ahmad Zahid Hamidi. He added that Umno has made it clear on its position against such moves from the outset and it will carefully scrutinise all views expressed by Umno state representatives on the matter. He was responding to questions on whether Umno would revive its political cooperation with PAS and withdraw from the unity government to take on the role of the opposition. Last Saturday, Umno Youth chief Datuk Dr Mohamad Akmal Saleh tabled two motions at a party youth special convention, calling for Umno to resume its cooperation with PAS and withdraw from the unity government to assume its role of the opposition. Ahmad Zahid also said that Umno does not wish to repeat past mistakes in forging cooperation with any opposition party.
Source:The Star
January 07, 2026 03:05 UTC
KKR said to value sports investor Arctos at US$1 bil in deal — Bloomberg
(Jan 7): KKR & Co agreed to acquire Arctos Partners in a deal that would value the sports and secondaries investor at about US$1 billion and keep existing management in place, according to people with knowledge of the matter. The deal includes incentives for Arctos senior managers, including co-founder Ian Charles, that could boost the value closer to US$1.5 billion. Representatives for the National Football League, National Hockey League, Major League Baseball and National Basketball Association didn’t immediately reply to messages seeking comment. Acquiring Arctos, which has about US$15 billion of assets under management, gives KKR a foothold in two booming areas of private markets: sports and secondaries investing. KKR will use its balance sheet to acquire Arctos, which will be part of the asset management business, they said.
Source:The Edge Markets
January 07, 2026 01:16 UTC
Red-hot Man Tee-Kai Wun overpower Danish veterans to clear first round
KUALA LUMPUR: Men’s doubles shuttlers Man Wei Chong-Tee Kai Wun pulled off an impressive win over Denmark’s Kim Astrup-Anders Skaarup Rasmussen to reach the Malaysian Open second round. Wei Chong-Kai Wun faced a tricky task against veterans Astrup-Rasmussen, who won silver and bronze in the World Championships in 2023 and 2025 respectively but put up a composed performance to claim a 21-17, 21-18 victory at Axiata Arena, Bukit Jalil on Tuesday (Jan 6) much to the delight of the home fans. The world No. 5 pair will next be looking to continue their good form when they take on Japan’s world No. 26 Hiroki Midorikawa-Natsu Saito.
Source:The Star
January 06, 2026 23:45 UTC
Asian stocks in best-ever start to a year, currencies strengthen
(Jan 7) : Asian stocks are having their best-ever start to a year, with the region’s currencies and bonds also rallying as investors seek opportunities outside the US. A gauge of the region’s currencies has notched its best start since 2023, while dollar-based corporate debt has also rallied. The moves underscore rising appeal of Asian markets for global investors wary of high tech valuations in the US and the prospect of a weakening dollar. It also points to the room left to run in Asia’s tech stocks, with Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. powering the gains over the past few days. Even after that rally, the region’s equities are still cheaper compared with US tech stocks.
Source:The Edge Markets
January 06, 2026 23:26 UTC
Dr M has fractured hip, requires several weeks' hospitalisation, says press sec
PETALING JAYA: Tun Dr Mahathir Mohamad has suffered a fracture in his right hip after falling at his residence on Tuesday (Jan 6) morning. His press secretary Sufi Yusoff said the ex-prime minister is expected to be hospitalised for a few weeks at the National Heart Institute (IJN) in Kuala Lumpur. ALSO READ: Dr Mahathir admitted to IJN after fall"Tun M is expected to be admitted for the next few weeks for treatment and observation," he told the media via WhatsApp. Dr Mahathir was admitted to IJN at around 9.30am after his fall.
Source:The Star
January 06, 2026 17:21 UTC
MyDigital ID to be sole sign-on platform for MyNIISe from Jan 15
PUTRAJAYA: The Home Ministry will implement MyDigital ID as a sole sign-on platform for Malaysians accessing the National Integrated Immigration System (MyNIISe) mobile application beginning Jan 15. In a statement on Tuesday (Jan 6), the ministry said that foreign travellers will continue to use the existing login method for the MyNIISe application without any changes. It said that the implementation of MyDigital ID as a single sign-on system is part of the NIISe initiative, which aims to verify user identities accurately and securely through the National Registration Department database, without storing users’ personal data. The ministry also encouraged Malaysians aged 18 and above to download and register the MyDigital ID application, available on the Apple App Store, Google Play and Huawei AppGallery, before using MyNIISe. The ministry said the implementation of MyDigital ID in MyNIISe reflects the Madani Government’s ongoing commitment to modernising public services through secure, efficient and people-centric digitalisation, aimed at enhancing user confidence and convenience in immigration-related matters.
Source:The Star
January 06, 2026 16:45 UTC
Dr M's injury serious but not life threatening, says daughter
KUALA LUMPUR: The injury Tun Dr Mahathir Mohamad suffered is serious but not life threatening, says his daughter Datin Paduka Marina Mahathir. Speaking to Bernama, Marina said her father is doing well given his age. Dr Mahathir was admitted to IJN at about 9.30am on Tuesday after a fall at his residence. His press secretary Sufi Yusoff, told the media via WhatsApp that the 100-year-old statesman was taken to IJN by ambulance and was conscious. The former prime minister was previously treated at IJN on July 13, 2025, for fatigue but was discharged on the same day.
Source:The Star
January 06, 2026 16:42 UTC
TVB actor Kenneth Ma breaks down recalling late dad: 'Wish I had spent more time with him'
Popular Hong Kong actor Kenneth Ma was unable to hold back his tears while talking about his late father on the red carpet at the TVB Anniversary Awards on Jan 4. Ma, who's married to fellow TVB star Roxanne Tong, shared that his father often worried about his hectic career, though the actor would reassure him that he felt no pressure. "He knew I loved him, but I wish I had spent more time with him. Ma laid his father to rest on Dec 11, holding a modest funeral attended by family and close friends. In the recent interview, Ma said he has already finished shooting his scenes for the aforementioned drama and is now focusing on handling family matters.
Source:The Star
January 06, 2026 16:34 UTC
Melati Ehsan CEO resigns to pursue personal interests
KUALA LUMPUR: Melati Ehsan Holdings Bhd has announced the resignation of its chief executive officer (CEO), Datuk Ir Leong Chee Kian, with effect from Jan 6, 2026. In a filing with Bursa Malaysia, the turnkey construction group said Leong, 56, stepped down to pursue his personal interests. It added that there were no disagreements between Leong and the board of directors, and no matters arising from his resignation that needed to be brought to the attention of shareholders. Leong was appointed as CEO on March 1, 2021.
Source:The Star
January 06, 2026 16:34 UTC
Trump's Venezuela oil grab revives 'petrodollar' debate
The period between 2002 and mid-2008 - when oil almost reached $150 a barrel – potentially marked the peak of the petrodollar's powers. Thanks to the shale oil revolution, the U.S. is now the world's largest oil producer and has been a net exporter since 2021. Moreover, the rise of China's economic power and new geopolitical rifts have reduced the percentage of the global oil trade denominated in dollars. And last year, the dollar and oil both fell, rather than moving in opposite directions. The greenback's share of foreign currency reserves is currently the lowest in 25 years, and while it remains the preeminent currency of global trade, that position is starting to fray also.
Source:The Edge Markets
January 06, 2026 16:25 UTC
Sze Fei-Izzuddin exact revenge over Danes to clear home opener
KUALA LUMPUR: Independent men doubles shuttlers Goh Sze Fei-Nur Izzuddin Rumsani successfully cleared their first hurdle in the Malaysian Open against Denmark’s Mads Vestergaard-Daniel Lundgaard. Sze Fei-Izzuddin suffered a shock defeat to the world No. The world No. 7 pair will face either teammates Mohd Haikal Nazri-Choong Hon Jian or England’s Ben Lane-Sean Vendy next for a place in the quarter-finals. The duo are currently training under former international Koo Kien Keat.
Source:The Star
January 06, 2026 16:21 UTC
Tesla's German car sales drop by almost half in December
(Jan 6): Tesla's sales volume in Germany nearly halved in December from the same month last year, the German road traffic agency KBA said on Tuesday. The number of Teslas sold in 2025 dropped 48.4% to 19,390 units compared with the same period last year. By contrast, the volume of Chinese electric vehicle manufacturer BYD surged more than 12-fold to 4,109 units in December, reaching 23,306 units in 2025. The total number of newly registered electric vehicles in 2025 increased by 43.2% to 545,142 units, KBA added. Tesla ceded its crown as the world's top electric vehicle maker to China's BYD after annual sales fell for a second year, hit by rising competition, the expiry of U.S. tax credits and brand backlash.
Source:The Edge Markets
January 06, 2026 16:15 UTC
MetMalaysia forecasts significant weather, Monsoon retreat to continue until Jan 11
KUALA LUMPUR: The Malaysian Meteorological Department (MetMalaysia) has forecast significant weather with the monsoon retreat expected to continue until January 11. MetMalaysia said the situation has the potential to bring continuous heavy rain in the eastern Peninsular Malaysia and western Sarawak, as well as strong winds and rough seas in the South China Sea during that period. "In this regard, a Continuous Rain Warning (Alert) has been issued for the states of Terengganu, northern Kelantan and eastern Pahang, effective until Jan 8, eastern Johor effective from Jan 7 to 8. "Meanwhile, for western Sarawak, effective from Jan 9 to 10, a strong wind and rough sea warning has also been updated effective until Jan 8 for the South China Sea,” MetMalaysia said in a statement. The public is advised to always refer to the website www.met.gov.my and the official social media of MET Malaysia as well as download the myCuaca application for the latest and most accurate information.
Source:The Star
January 06, 2026 16:04 UTC
Malaysians top list of Thailand's tourism with over 4.5 million arrivals
BANGKOK: Thailand recorded over 32 million foreign visitors in 2025, with Malaysians topping the list of arrivals with more than 4.5 million visitors. She said the top five source markets were Malaysia with 4.52 million visitors, followed by China (4.47 million), India (2.49 million), Russia (1.9 million) and South Korea (1.55 million). "Overall, foreign tourist arrivals last year generated approximately 1.53 trillion Baht in tourism revenue,” she said in a statement on Tuesday (Jan 6). She said arrivals declined by 16.55% week on week, totalling 724,971 foreign tourists, a decrease of 143,823 visitors compared with the previous week. Looking ahead, Natthriya said foreign tourist arrivals are expected to ease further in the coming week.
Source:The Star
January 06, 2026 15:44 UTC