26/02/2025

BIZ & FINANCE ˻ ͓͗ ˜ ͓͓͖͑

K >WK ' K ħب‰ÐÛº

18

Malaysian Paper

TÌÛ¹É ÐjçÐ jºj jĘ 8‰æ©€¿ ØjÌ©’’Ð ¿º Ѐ¨‰ Û´‰

ºØ¨Ì¿É©€ ۺ䉩´Ð ©ØÐ ĝйjÌ؉ÐØĞ ( ¹¿ ‰´ ç‰Ø 4"/ '3"/$*4$0 0QFO"* SJWBM "OUISPQJD PO .POEBZ SFMFBTFE XIBU JU TBJE JT JUT TNBSUFTU BSUJGJDJBM JOUFMMJHFODF NPEFM UP EBUF QBSUJDVMBSMZ XIFO JU DPNFT UP DPNQVUFS DPEJOH "MPOH XJUI $MBVEF 4POOFU UIF 4BO 'SBODJTDP CBTFE DPNQBOZ JT NBLJOH BWBJMBCMF JO B MJNJUFE SFTFBSDI QSFWJFX B EJHJUBM iBHFOUw DBMMFE $MBVEF $PEF UBJMPSFE UP CF B UPPM GPS TPGUXBSF EFWFMPQFST "NB[PO CBDLFE "OUISPQJD EFTDSJCFE $MBVEF $PEF BT BCMF UP TFBSDI BOE SFBE DPEF FEJU GJMFT SVO UFTUT BOE NPSF 5IF SFMFBTF DPNFT BT "* DPNQBOJFT BSF QVTIJOH PVU OFX QSPEVDUT BU B GBTU QBDF BOE XJUI JOOPWBUJPOT RVJDLMZ SFQSPEVDFE CZ SJWBMT PGUFO BU B MPXFS DPTU SBJTJOH DPODFSOT BCPVU GJOEJOH B SFUVSO PO UIF NBTTJWF JOWFTUNFOUT "OUISPQJD T OFX NPEFM JT iNVDI TUSPOHFS BU DPEJOH BOE QBSUJDVMBSMZ BU UBLJOH PWFS BOE EPJOH SFBMMZ DPNQMJDBUFE DPEJOH UFTUT i "OUISPQJD DP GPVOEFS BOE DIJFG TDJFODF PGGJDFS +BSFE ,BQMBO UPME "'1 "TJEF GSPN PWFSBMM JNQSPWFE JOUFMMJHFODF UIF MBUFTU JUFSBUJPO PG $MBVEF IBT B iIZCSJEw SFBTPOJOH NPEFM UIBU MFUT VTFST HFU RVJDL BOTXFST UP RVFTUJPOT PS IBWF JU TQFOE UJNF NVMMJOH DPNQMFY RVFSJFT BOE TIBSF TUFQT JO UIF QSPDFTT BDDPSEJOH UP ,BQMBO 5IF JNQSPWFNFOU FOBCMFT $MBVEF UP CFUUFS GPMMPX JOTUSVDUJPOT BOE IBOEMF NPSF TPQIJTUJDBUFE BOBMZTFT IF BEEFE 4JODF 0QFO"* SFMFBTFE $IBU(15 JO MBUF UIF SBDF IBT CFFO PO UP MFBE JO B UFDIOPMPHZ QSFEJDUFE UP DIBOHF UIF XBZ QFPQMF MJWF BOE XPSL 5IF OFX "* NPEFM NBLFT JUT EFCVU BT "OUISPQJD XPSLT PO GJOBMJTJOH B 64 CJMMJPO 3. CJMMJPO GVOEJOH SPVOE UIBU WBMVFT UIF TUBSUVQ BU 64 CJMMJPO JO B IVHF MFBQ GSPN JUT QSJPS WBMVBUJPO BDDPSEJOH UP B 8BMM 4USFFU +PVSOBM SFQPSU "OUISPQJD EFDMJOFE UP DPNNFOU PO UIF SFQPSU "* NPEFMT IBWF NPWFE CFZPOE HFOFSBUJOH JNBHFT WJEFPT PS XSJUUFO XPSLT UP QSPWJEJOH iBHFOUTw TQFDJBMJTJOH JO GJFMET PS UBTLT 0QFO"* SFMFBTFE B WFSTJPO PG $IBU(15 BCPVU TJY NPOUIT BHP UIBU TIBSFE JUT iUIJOLJOHw QSPDFTT CVU "OUISPQJD GPMMPXFE UIBU CZ FOBCMJOH JUT $MBVEF NPEFM UP DPNNBOE DPNQVUFST BT QFPQMF EP 0QFO"* SFTQPOEFE XJUI UIF SFDFOU SFMFBTF PG JUT GJSTU "* BHFOU DBMMFE 0QFSBUPS XJUI TJNJMBS DBQBCJMJUJFT o "'1 (º ¿º‰Ð©jĘ ÉÉ´‰ j¢Ì‰‰ ¿º ؉̹Рؿ ´©’Ø jº ¿º ©H¨¿º‰ ŖśĚ ´¿¿¹‰Ì¢ +","35" *OEPOFTJB BOE "QQMF IBWF BHSFFE PO UFSNT UP MJGU UIF DPVOUSZ T CBO PO J1IPOF BOE DPVME TJHO B EFBM BT FBSMZ BT UIJT XFFL #MPPNCFSH /FXT SFQPSUFE ZFTUFSEBZ DJUJOH QFPQMF GBNJMJBS XJUI UIF NBUUFS *OEPOFTJB CBOOFE UIF J1IPOF JO 0DUPCFS BGUFS "QQMF GBJMFE UP NFFU SFRVJSFNFOUT UIBU TNBSUQIPOFT TPME EPNFTUJDBMMZ TIPVME DPNQSJTF BU MFBTU MPDBMMZ NBEF QBSUT 4JODF UIFO *OEPOFTJB T JOWFTUNFOU NJOJTUFS IBT TBJE "QQMF QMBOT UP JOWFTU 64 CJMMJPO 3. CJMMJPO JO B NBOVGBDUVSJOH QMBOU UIBU QSPEVDFT DPNQPOFOUT GPS TNBSUQIPOFT BOE PUIFS QSPEVDUT #FTJEFT UIJT JOWFTUNFOU "QQMF XJMM DPNNJU UP USBJOJOH MPDBMT JO SFTFBSDI BOE EFWFMPQNFOU PO JUT QSPEVDUT BOE UIJT XJMM CF EPOF UISPVHI QSPHSBNNFT PUIFS UIBO FYJTUJOH "QQMF BDBEFNJFT UIF SFQPSU TBJE )PXFWFS "QQMF IBT OP JNNFEJBUF QMBOT UP TUBSU NBLJOH J1IPOFT JO UIF DPVOUSZ UIF SFQPSU TBJE o 3FVUFST

8"4)*/(50/ 1SFTJEFOU %POBME 5SVNQ TBJE PO .POEBZ UIBU UBSJGGT PO $BOBEJBO BOE .FYJDBO JNQPSUT BSF iPO UJNF BOE PO TDIFEVMFu EFTQJUF FGGPSUT CZ UIF DPVOUSJFT UP CFFG VQ CPSEFS TFDVSJUZ BOE IBMU UIF GMPX PG GFOUBOZM JOUP UIF 64 BIFBE PG B .BSDI EFBEMJOF i5IF UBSJGGT BSF HPJOH GPSXBSE PO UJNF PO TDIFEVMFu 5SVNQ UPME B KPJOU OFXT DPOGFSFODF XJUI 'SFODI 1SFTJEFOU &NNBOVFM .BDSPO )F IBE CFFO BTLFE XIFUIFS $BOBEB BOE .FYJDP IBE EPOF FOPVHI UP BWPJE UIF QVOJTIJOH 64 EVUJFT .BOZ IBE IPQFE UIF UPQ UXP "NFSJDBO USBEJOH QBSUOFST DPVME QFSTVBEF 5SVNQ T BENJOJTUSBUJPO UP GVSUIFS EFMBZ UBSJGGT UIBU XPVME BQQMZ UP PWFS 64 CJMMJPO 3. USJMMJPO XPSUI PG 64 JNQPSUT GSPN UIF UXP DPVOUSJFT GSPN BVUPT UP FOFSHZ 5IJT DPVME XSFBL IBWPD PO UIF JOUFHSBUFE /PSUI "NFSJDBO FDPOPNZ XJUI UIF BVUPNPUJWF TFDUPS IJU QBSUJDVMBSMZ IBSE ͓͖ ϯ ÎßÞÓÏÝ ×Ëã ÌÏ Ó×ÚÙÝÏÎ ËÝ ÝÙÙØ ËÝ ËÜÍÒ ͕ ÎÏÝÚÓÞÏ ÌÙÜÎÏÜ ËØÎ ÐÏØÞËØãÖ ÏÐÐÙÜÞÝ

5IF 8IJUF )PVTF 64 5SBEF 3FQSFTFOUBUJWF T PGGJDF BOE $PNNFSDF %FQBSUNFOU EJE OPU SFTQPOE UP SFRVFTUT GPS DPNNFOU PO OFHPUJBUJPOT FYQFDUFE UIJT XFFL BIFBE PG UIF .BSDI EFBEMJOF 4JODF 5SVNQ T JOJUJBM UBSJGG UISFBU BOE JNQPTJUJPO PG B EVUZ PO BMM $IJOFTF JNQPSUT IF IBT IFBQFE PO NPSF UBSJGG BDUJPOT UIBU DPVME NVEEZ UIF XBUFST PO CPSEFS OFHPUJBUJPOT 5IFTF JODMVEF TVCTUBOUJBMMZ SBJTJOH UBSJGGT PO TUFFM BOE BMVNJOVN UP B GMBU SFTDJOEJOH MPOHTUBOEJOH FYFNQUJPOT GPS $BOBEB BOE .FYJDP UIF MBSHFTU TPVSDFT PG 64 JNQPSUT PG UIF NFUBMT 5IFTF TUFFQ JODSFBTFT XIJDI BMTP FYUFOE UP IVOESFET PG EPXOTUSFBN TUFFM QSPEVDUT BSF EVF UP UBLF FGGFDU B XFFL BGUFS UIF CPSEFS UBSJGGT PO .BSDI 5SVNQ IBT BMTP TBJE IF XBOUT UP JNQPTF UBSJGGT PO JNQPSUT PG BVUPT QIBSNBDFVUJDBMT BOE TFNJDPOEVDUPST BOE UP NBUDI EVUZ SBUFT BOE USBEF CBSSJFST PG PUIFS DPVOUSJFT 5IF UISFBUFOFE UBSJGGT DPVME LJDL PGG BO FBSMZ MBVODI PG B SFOFHPUJBUJPO PG UIF 64 .FYJDP $BOBEB BHSFFNFOU PO USBEF UIBU JT EVF CZ 6KD[P BEEFE 5SVNQ TJHOFE UIF 64.$" JOUP MBX JO BGUFS SFOFHPUJBUJOH UIF /PSUI "NFSJDBO 'SFF 5SBEF "HSFFNFOU CVU IBT JODSFBTJOHMZ FYQSFTTFE EJTTBUJTGBDUJPO XJUI JNQPSUT PG BVUPT GSPN .FYJDP BOE $BOBEB m 3FVUFST

5SVNQ EJE OPU TQFDJGJDBMMZ NFOUJPO UIF .BSDI EFBEMJOF )F MBUFS SFGFSSFE UP IJT EFTJSF GPS iSFDJQSPDBMu UBSJGGT UP NBUDI UIF EVUZ SBUFT BOE PGGTFU UIF USBEF CBSSJFST PG BMM DPVOUSJFT JODMVEJOH 'SBODF 5SVNQ BOE .BDSPO EJE OPU QVCMJDMZ EJTDVTT BOPUIFS TUJDLJOH QPJOU m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i5IFSF T QSPHSFTT CFJOH NBEF PO UIF TFDVSJUZ GSPOUu TBJE 6KD[P TFOJPS DPVOTFM XJUI 5IPNQTPO )JOF JO $PMVNCVT 0IJP i#VU JU T PWFSMZ PQUJNJTUJD UP UIJOL UIBU UIPTF UBSJGGT XPVME CF GVMMZ SFTDJOEFE u

Trump and Macron reacting at the press conference at the White House. – REUTERSPIC

TjØj H´jçĘ ©Ì؉´ ©¢©Øj´ T` º‰jÌ ¹‰Ì¢‰ÌĘ T ̉ɿÌØÐ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

UXP CFJOH BQQSPYJNBUFMZ WBMVFE CFUXFFO CJMMJPO 3. CJMMJPO BOE CJMMJPO SVQFFT FBDI XJUI UIFJS SFWFOVF FYDFFEJOH CJMMJPO SVQFFT JO GJTDBM &5 SFQPSUFE 5IF EFBM JT UIF TFDPOE NBKPS POF JO UIF TFDUPS TJODF %JTI 57 NFSHFE XJUI 7JEFPDPO E I JO BOE GPMMPXT UIF NFSHFS PG 3FMJBODF *OEVTUSJFT TUSFBNJOH NFEJB BTTFUT XJUI %JTOFZ T *OEJBO NFEJB BTTFUT MBTU ZFBS o 3FVUFST CVTJOFTTFT BSF