Nation

Flood hits Bukit Rambai residents’ homes

MELAKA: Flood-hit residents in Bukit Rambai here claimed that water had risen rapidly and inundated their homes, following heavy rain for over two hours.

Corporate News

Rackson Group unveils RM1.5bil project in Bayan Lepas

GEORGE TOWN: Rackson Group has unveiled a landmark project in Bayan Lepas, featuring Le Meridien Penang Airport and Avion Serviced Apartments.

Nation

Amendments to Kelantan’s Syariah Criminal Code to be tabled next year

KOTA BARU: The Kelantan government is expected to table amendments to the Syariah Criminal Code (I) Enactment 2019 in the state legislative assembly in 2025.

Nation

46 foreign women held in prostitution den raids

KUALA LUMPUR: Forty-six foreign women were among 67 individuals detained following raids on prostitution dens in the city.

Football

Hassan ready to give new Selangor coach Kinoshi a hand

PETALING JAYA: The announcement of as the new Selangor football coach means that Abdi Hassan will return to his duties as Selangor II coach.

Corporate News

Google, Microsoft hail country’s AI approach

KUALA LUMPUR:; Google has applauded Malaysia’s approach to building artificial intelligence (AI) infrastructure under the leadership of Prime Minister Datuk Seri Anwar Ibrahim, with the technology giant investing US$2bil in the country.

Corporate News

Unique Fire posts strong performance for 1H25

PETALING JAYA: Fire-extinguisher manufacturer Unique Fire Holdings Bhd, which achieved its highest quarterly earnings in its second quarter ended Sept 30 (2Q25), continues to focus on expanding its reach across Peninsular Malaysia and diversifying its product offerings.

Economy

Norway’s US$1.8 trillion fund sees rare political unity as key

LONDON: Norway’s US$1.8 trillion sovereign wealth fund benefits from a rare consensus among its political masters, according to chief executive officer Nicolai Tangen, unlike other countries which are exploring such an option.

Focus

Lone child in puppet village

More than 20,000 communities in Japan have a majority of residents aged 65 and above.

Nation

Start-ups make a beeline to ministry’s booth for leg-up

KUALA LUMPUR: Despite not selling discounted school uniforms or groceries, the Entrepreneur and Cooperatives Development Ministry’s booth (Kuskop) at the Madani fair received a beeline of visitors over its three-day stint.

Economy

Saudi Arabia gets first Moody’s rating upgrade

RIYADH: Saudi Arabia’s sovereign rating was upgraded by Moody’s Investors Service for the first time since the company initially assessed it in 2016, driven by continued progress in the kingdom’s economic diversification and a better outlook for the non-oil sector.

Other Sports

Top paddler reaps golden harvest as Malaysia end SEA meet as overall champs

PETALING JAYA: Javen Choong smashed his way to an unprecedented four-gold feat as Malaysia’s table tennis hit new heights in the South-East Asian (SEA) Championships in Bangkok yesterday.

Nation

Initiatives help stretch the ringgit

KUALA LUMPUR: Discounted groceries at the neighbourhood Rahmah sale and job opportunities from career fairs were among the unity government’s initiatives that got the thumbs up from Malaysians.

Nation

Push for cheaper housing

ISKANDAR PUTERI: Three housing deve­lopers in Johor have had some of their lands put under caveat for failing to build affordable housing says Datuk Mohd Jafni Md Shukor.

Motorsport

HI-REV Dream Chaser end 10-year wait with thrilling win in Sepang

PETALING JAYA: The HI-REV Dream Chaser racing team celebrated a long-awaited victory in the Sepang 1000km (S1K) endurance race at the Sepang International Circuit on Sunday.

Auto

China’s NEV boom boon for global auto sector - Global players eyeing opportunities in promising market

SHANGHAI: As the new energy vehicle (NEV) boom continues in China, global players in related sectors are eyeing a vast array of opportunities and are exerting efforts to tap into this promising market.

Corporate News

Adani shock exposes ESG fund managers clinging to ‘terrible’ bet

SINGAPORE: Environmental, social and governance (ESG) fund managers have once again found themselves on the wrong side of a market meltdown.

Forex

US dollar on longest winning run in a year on Republican victory

NEW YORK: The US dollar posted its longest weekly advance in over a year as Donald Trump’s presidential victory and persistent economic growth pushed traders to boost their bets on further US dollar gains.

Corporate News

LinkedIn to help Chinese companies expand global presence

SHANGHAI: With an increasing number of Chinese companies eager to expand their global footprint, LinkedIn, a California-based professional networking platform provider, will offer more tailored solutions to help them capitalise on this trend, says an executive.

Motorsport

Bittersweet end in Batu Kawan

PETALING JAYA: Riders Azroy Hakeem Anuar and Mohd Akid Aziz experienced different fortunes in the final leg of the Malaysian Cub Prix at Batu Kawan Stadium in Penang.