Author - James Lim

Bitcoin down 20% from post-ETF highs

LONDON (Reuters) - Bitcoin has fallen over one fifth since its peak earlier this month, hit after the United States approved its first spot bitcoin exchange traded fund (ETF), as investors who had bought in expectation of the approval sold after the confirmation. The world's largest crypto currency was last at $38,900, down 20.6% from around...

Microsoft’s Bing, Edge to be exempt from Europe’s DMA – Bloomberg News

(Reuters) - Microsoft's search engine Bing, brower Edge and advertising services are likely to be out of the purview of Europe's Digital Markets Act (DMA), Bloomberg News reported on Tuesday, citing people familiar with the matter. European watchdogs concluded that the products are not dominant enough to be regulated as part of a five-month-long investigation into...

KL cops confirm receiving report against Chegu Bard

KUALA LUMPUR: Kuala Lumpur police chief Comm Datuk Allaudeen Abdul Majid has confirmed receiving a police report on Chegu Bard's allegation that three Perikatan Nasional representatives were summoned for an audience with the Yang di-Pertuan Agong on Tuesday (Jan 23). He said this case would be investigated by the Bukit Aman Classified Crime Investigation Unit. Allaudeen said...

US defense secretary make first public appearance, virtually, since hospitalization

WASHINGTON (Reuters) - U.S. Defense Secretary Lloyd Austin made his first public appearance, virtually and from home since his secret hospitalization, during a meeting on Ukraine's military needs on Tuesday. Austin, 70, was admitted to Walter Reed National Military Medical Center in Maryland on Dec. 22 to treat prostate cancer. He returned to the hospital on...

MCA will continue standing up for Malaysians, says Dr Wee

KUALA LUMPUR: MCA's priority is to stand up for the people and solve their problems, says Datuk Seri Dr Wee Ka Siong. The MCA president said the party would also play a check and balance role while continuing to speak up for the Chinese community. "We hope leaders and members from Chinese guilds and associations will continue...

Mac computers could ride AI wave or be left behind

SAN FRANCISCO: Forty years after igniting a PC revolution, Apple’s Mac is stronger than ever and could reach new glory due to AI computing – or be left behind. Apple launched the Macintosh in 1984 with a history-making television ad pitching the machine as an anti-establishment blow against a dystopian future. The computer, referred to simply as a...

Child and woman killed in five-vehicle crash near Dengkil

PETALING JAYA: A ten-year-old child and a woman in her 40s were killed in a five-vehicle collision along Jalan Banting in Dengkil on Monday (Jan 22). When contacted, Selangor Fire and Rescue Department assistant director Ahmad Mukhlis Mukhtar said that both died at the scene, adding that a woman in her 20s suffered injuries to her...

Water tariff adjustment will allow Air Kelantan to repair leaky pipes

KOTA BHARU: Air Kelantan Sdn Bhd (AKSB) will use the revenue obtained from the water tariff adjustment to solve issues regarding leaking pipes and improve the quality of water supply services to consumers in the state. AKSB acting general manager Izani Ismail said that with the average increase of 23 sen per cubic metre following the...

Prioritise local contractors in govt contracts, says Ahmad Maslan

LABUAN: Local contractors with financial and operational capabilities should be given priority when awarding government contracts, says Deputy Works Minister Datuk Seri Ahmad Maslan (pic). He said this is important as local contractors are more well-versed and understand the intricacies of building materials supply and pricing. Ahmad cited examples from Labuan projects, where building materials had to...

Melaka to announce new water tariff on Wednesday (Jan 24), says CM

ALOR GAJAH: The Melaka state government will announce its new water tariff on Wednesday (Jan 24) by prioritising the interests of consumers and stakeholders, says Chief Minister Datuk Seri Ab Rauf Yusoh. He said the water tariff adjustment would not burden the consumers too much, thus helping the sustainability of supply to all parties. "The ceiling level...