Latest

8h ago

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.
8h ago

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.
8h ago

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.
8h ago

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.
8h ago

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.
8h ago

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.
8h ago

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).
8h ago

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.
8h ago

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).
8h ago

India
Brilliant captain Bumrah leads the way as India rout Australia by 295 runs in first Test

India hammed Australia by 295 runs in the opening Border-Gavaskar test to take a 1-0 lead in the five-match series with more than a day to spare at Perth Stadium on Monday.
8h ago

World
Georgian ruling party defies protests, boycott to re-open parliament after disputed election

TBILISI (Reuters) - Lawmakers from Georgia's ruling party opened the first session of parliament on Monday after last month's disputed election, defying protesters outside and a boycott by opposition parties who say the vote was illegitimate.
8h ago

Corporate News
MPI’s net profit jumps 82.4% to RM30mil in 1Q25

KUALA LUMPUR: Malaysian Pacific Industries Bhd (MPI) anticipates a challenging operating environment, shaped by geopolitical instability, currency fluctuations, and inflationary pressures impacting business operations.
8h ago

Nation
Joint operations to combat drug smuggling along Sungai Golok border, says Bukit Aman

SHAH ALAM: Joint operations between the Kelantan Narcotics Crime Investigation Department (NCID) and the General Operations Force will be conducted to locate and destroy smuggling lanes along the Sungai Golok border.
8h ago

World
Satellite images suggest North Korea expanding missile plant, researchers say

WASHINGTON/SEOUL (Reuters) -North Korea is expanding a key weapons manufacturing complex that assembles a type of short-range missile used by Russia in Ukraine, researchers at a U.S.-based think tank have concluded, based on satellite images.
8h ago

AseanPlus News
HKUST can draw talent to Hong Kong for third medical school despite inexperience: adviser

Ex-Hospital Authority chairman Leong Che-hung says university’s strong research background in life sciences and AI also gives it competitive edge
8h ago

Badminton
Tough road ahead but let's do it together, says coach Kenneth

PETALING JAYA: Kenneth Jonassen's ultimate goal is to produce a gold medallist in the 2028 Los Angeles Olympics but acknowledges that the tough road ahead.
9h ago

Corporate News
Gas Malaysia's net profit rises to RM115.99mil in 3Q

KUALA LUMPUR: Gas Malaysia Bhd posted a higher net profit of RM115.99 million for the third quarter ended Sept 30, 2024, (3Q FY2024) compared to RM86.16 million in the same quarter last year.
9h ago

Nation
Tussle for GE16 seats within unity govt will erode public's confidence, says PKR youth leader

PETALING JAYA: Any internal tussles for seats will only impact the people’s confidence negatively, says PKR youth exco Arshad Hassni.
9h ago

World
Explainer-What is the state of Bolsonaro's legal trouble in Brazil?

SAO PAULO (Reuters) - Brazilian police released a report on Thursday formally accusing former President Jair Bolsonaro, an icon of the global far-right movement, of plotting a coup attempt to stop rival Luiz Inacio Lula da Silva from taking office after the leftist leader won the 2022 election.
9h ago

World
Analysis-Bolsonaro sidelined from Brazil's political scene as Trump enjoys resurgence

SAO PAULO (Reuters) - The political fortunes of Brazil's hard-right former President Jair Bolsonaro long mirrored those of his ideological ally Donald Trump - but their fates now look to have diverged dramatically.