Latest
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Technology
AI analytics firm Pyramid Analytics secures $50 million from BlackRock
(Reuters) - Pyramid Analytics, an AI business analytics company, said on Monday it has raised $50 million in new financing from BlackRock, the world's biggest asset manager.
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Corporate News
KLCC Stapled Group's net profit rises to RM206.53mil in 3Q
KUALA LUMPUR: KLCC Stapled Group, which comprises KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (REIT), recorded a higher net profit of RM206.53 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared to RM185.33 million in the same period last year.
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Football
Soccer-Salah casts doubt on Liverpool future, says more out than in
(Reuters) -Liverpool talisman Mohamed Salah says he is "more out than in" at the Premier League leaders with still no offer of a new contract on the table.
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World
Russia's army bigger than two years ago but quality has decreased, says NATO official
BRUSSELS (Reuters) - Russia's land forces are bigger now than at the time of Moscow's full-scale invasion of Ukraine in February 2022 but their quality has decreased since, a NATO top military official said on Monday.
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Brunei
Brunei to host Asia Pacific ICT Alliance Awards 2024
Brunei will host the Asia Pacific ICT Alliance (APICTA) Awards 2024, from December 4 to 7.
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Nation
New guideline on Short Term Residential Accommodation to be presented to Cabinet, says Zahid
PETALING JAYA: A new guideline to regulate Short Term Residential Accommodation (STRA) will be presented to the Cabinet, says Datuk Seri Dr Ahmad Zahid Hamidi.
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Corporate News
Key Asic signs RM10mil ASIC design contract
KUALA LUMPUR: Key Asic Bhd has entered into a major application-specific integrated circuit (ASIC) design service contract with a customer, R Company, for a total contract value of over RM10mil over a period of three years.
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Corporate News
IOIPG’s 1Q25 net profit down on higher interest expenses
PETALING JAYA: IOI Properties Group Bhd began its financial year of 2025 on a weak footing after first-quarter earnings shrunk due to increased interest expense and a lower revenue from its property development business.
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AseanPlus News
Landslide and flash floods hit Indonesia’s Sumatra island, leaving 16 dead and six missing
Rescuers in Indonesia recovered 16 bodies under tons of mud and rocks or that were swept away in flash floods that hit mountainside villages on Sumatra Island, officials said Monday.
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Nation
There is a plot to derail investments in Kedah, alleges Sanusi
ALOR SETAR: Kedah Mentri Besar Datuk Seri Muhammad Sanusi Md Nor alleges there is a plot to thwart private investments in the state.
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Technology
Google's US antitrust trial over online ad empire draws to a close
(Reuters) - The U.S. Department of Justice will make its final argument on Monday that Google illegally dominated online advertising technology, seeking a second antitrust win against the company.
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Corporate News
Lay Hong’s 2Q25 net profit jumps sevenfold
PETALING JAYA: Lay Hong Bhd's net profit for the second quarter ended Sept 30, 2024 (2Q25) jumped by more than seven times year-on-year (y-o-y) as it reported an increase in earnings across all segments.
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AseanPlus News
Emerging Markets - Thai baht down as bullion loses shine; Singapore dollar slips post inflation data
Thailand's baht slipped on Monday as a weakness in gold prices offset a rally in developing currencies due to a slip in the dollar, while Singapore's currency pared gains after its inflation numbers pointed towards room for policy easing.
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World
Greece recovers bodies of eight migrants off Samos island
(Reuters) - Greece's coastguard has recovered the bodies of eight migrants - six minors and two women - off the island of Samos in the Aegean Sea, authorities said on Monday.
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Forex
Ringgit closes higher against greenback amid falling US bond yields
KUALA LUMPUR: The ringgit closed higher against the American dollar on Monday, buoyed by a decline in US bond yields after the appointment of Scott Bessent as the US Treasury Secretary.
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Nation
MP urges govt to use blockchain tech to combat corruption
KUALA LUMPUR: Blockchain technology can be effective against corruption because it is a transparent and immutable ledger system, the Dewan Rakyat was told.
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Technology
Corning offers to waive exclusive deals in EU antitrust probe, may stave off fine
BRUSSELS (Reuters) -Glass maker Corning has offered to scrap all exclusive clauses in its deals with mobile phone makers and raw glass processing companies to end an investigation, EU antitrust regulators said on Monday, a move which would stave off a possible hefty fine.
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Corporate News
IJM expands into UK construction market with 50% stake in JRL Group
PETALING JAYA: IJM Corp Bhd is proposing to acquire a 50% stake in United Kingdom (UK) - based diversified construction group JRL Group Holdings Ltd for £50mil (approximately RM283mil).
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Cycling
Cycling-Olympic medallist Richardson banned from competing for Australia after allegiance switch
(Reuters) - Matthew Richardson will not be permitted to rejoin the Australian Cycling Team in the future, governing body AusCycling said on Monday, following a review into the cyclist's switch of allegiance from Australia to Britain.
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Corporate News
S P Setia records higher 9M24 profit
PETALING JAYA: Land disposals worth over RM1bil led to a surge in S P Setia Bhd’s profit before tax (PBT), rising by 2.3 times year-on-year to RM853mil in the nine months ended Sept 30, 2024 (9M24).