HONG KONG: A Hong Kong court on Monday ordered the liquidation of China's property giant Evergrande, but the firm said it would continue to operate in a case that has become a symbol of the nation's deepening economic woes. Once China's biggest real estate firm, its astronomical debt of more than S$300 billion had become emblematic...
MADRID (Reuters) - Several hundred migrants seeking asylum are in limbo at Madrid airport, sleeping in crammed spaces with poor conditions, Spanish rights groups said, describing the situation as "unsustainable". Spain's Commission for Assistance to Refugees (CEAR) told Reuters on Monday the number of people requesting international protection upon landing at Madrid's international airport, Barajas, has...
(Reuters) - Data storage products maker Western Digital Corp posted a wider-than-expected quarterly adjusted loss on Thursday, due to the impact of structural changes the company implemented in its flash and HDD businesses. Shares of the company were down about 4% in after-market trading. Last quarter, the company said it would spin off its flash memory business,...
KUALA LUMPUR: Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah watched the premiere of a Bernama TV special documentary "Menjunjung Kasih Tuanku" at Istana Negara on Thursday (Jan 25) night. His Majesty watched the documentary narrating his reign as the 16th Yang di-Pertuan Agong together with Raja Permaisuri Agong Tunku Azizah Aminah Maimunah Iskandariah, after...
KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) share price was higher this morning, rising 8.62 per cent, following the news over the property developer’s participation in the Kuala Lumpur-Singapore high-speed rail (HSR) project. At 9.47 am, MRCB rose five sen to 63 sen with 83.66 million shares changing hands. It was the most actively traded stock. It was reported...
KUALA LUMPUR: KJTS Group Bhd made its debut on the ACE market of Bursa Malaysia at 44 sen a share, a 17 sen or 63% premium to its initial public offering (IPO) price of 27 sen a share. The share was the second most traded in the early morning with over 72 million shares exchanging hands in the...
Former executives at video-game firm Ubisoft Entertainment SA face a sexual harassment trial in France over allegations they made “crude sexual remarks in public”. The company and its chief executive officer, Yves Guillemot, were named in the complaint plaintiffs lodged in 2021 but will not faced trial in Bobigny, north of Paris. “We are therefore unable...
KUALA LUMPUR: For decades, the Jawi script has been highly regarded as the traditional symbol of Malay culture and civilisation. Historically, Jawi became prominent with the spread of Islam in the 15th century. The Malays held the script in high esteem as it was the gateway to understanding Islam and the Quran. The script was widely used...
KUALA LUMPUR: The ringgit opened lower against the US dollar on Friday as the latest US gross domestic product (GDP) figures showed that the US economy grew by 2.5 percent in 2023, a significant improvement from the 1.9 per cent growth recorded in 2022, thus increasing demand for the US dollar. At 9:05 am, the ringgit...
KUALA LUMPUR: The unexpected Aidilfitri date announcement in 2022 saw Malaysians nationwide rushing to tackle their final preparations with only hours before the day arrived. Soon after the announcement by the Keeper of the Rulers’ Seal, people scrambled to gather the ingredients, especially fresh produce, to make their festive dishes such as chicken or beef rendang,...
