KOTA KINABALU: A 62-year-old man was killed when the car he drove collided with another vehicle in Kampung Segaliud, Kinabatangan district on Thursday (Aug 1). The body of Jumali Buhari was extracted from a compact car by firefighters and he was declared dead on site by medical officers at the scene. Meanwhile, the driver and passenger of...
(Reuters) - Global mega tech companies' market capitalisation dropped sharply in July, in response to disappointing quarterly results and concerns over high valuations, prompting investors to shift their focus away from the AI sector. In the first half of 2024, investors pushed tech stocks higher on expectations that AI advancements would boost earnings. But the second-quarter...
KOTA KINABALU: Passengers arriving on a flight from Kuala Lumpur to Kota Kinabalu found themselves unexpectedly “trapped" on the skybridge when the glass door leading into the terminal remained closed. “We touched down at KKIA (Kota Kinabalu International Airport) at 6.07pm on Wednesday (July 31). As passengers continued to disembark the aircraft, the skybridge quickly filled...
KUALA LUMPUR: The ringgit opened slightly higher today, extending its nine-day upward trajectory against the US dollar and lingering at an 11-month high. An analyst attributed this rise to the Federal Open Market Committee (FOMC) meeting yesterday, reinforcing investor expectations of a US interest rate cut in September. At 8 am, the ringgit marginally increased to 4.5875/5945...
GEORGE TOWN: Penang welcomed on Thursday (Aug 1) the inaugural direct flight from Shanghai Pudong International Airport, operated by Shanghai Airlines, which marks another significant milestone in Penang's efforts to penetrate the international tourism market. The flight, which landed at 7.11am at the Penang International Airport here, is also the second direct flight route between Shanghai...
A PROPOSED assessment tax hike of 25% for properties in Subang Jaya has been dubbed as “unfair and a shock”, though it is the first adjustment in 32 years. Subang Jaya residents are rattled and question why the Subang Jaya City Council (MBSJ) and its predecessor, the Subang Jaya Municipal Council (MPSJ), had failed to conduct...
KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions of over RM94mil for seven funds. In a statement, Public Mutual said the gross distributions declared are 5.50 sen per unit for Public Islamic Income Fund, 4.50 sen per unit for Public e-Income Fund, 4.25 sen per unit for Public Bond Fund and...
BALIK PULAU: The police have arrested two women who were believed to be mule account holders for two fraud syndicates, causing victims to lose RM39,650 in separate incidents recently. Southwest OCPD Supt Kamarul Rizal Jenal said in the first case, the police arrested a 32-year-old woman on Wednesday (July 31) as a mule account holder for...
KUALA LUMPUR: Climate finance is crucial for meeting ambitious targets and fostering positive change, thereby ensuring a more sustainable and equitable future, says Datuk Seri Fadillah Yusof. The Deputy Prime Minister, who also serves as Energy Transition and Water Transformation Minister, said Malaysia welcomes international partnerships and investments supporting the country's energy transition and broader climate...
PETALING JAYA: Datuk Seri Anwar Ibrahim has issued a stern reminder to Meta Platforms Inc (Meta) not to become a tool of the Zionist Israeli regime. In a Facebook post Thursday (Aug 1), the Prime Minister condemned Meta's actions as disrespectful and insulting to the struggle of the Palestinian people for removing videos, messages of condolences,...
