PUTRAJAYA: Former Padang Serai member of parliament N. Gobalakrishnan has failed in his bid to set aside the RM150,000 in damages awarded by the High Court to a couple who sued him for defamation. A three-judge panel of the Court of Appeal comprising Justices Datuk Lee Swee Seng, Datuk Che Mohd Ruzima Ghazali and Datuk Azhahari...
KOTA BHARU: The El Nino phenomenon hitting the country is expected to continue for the next two months, says Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad. He said his ministry and the National Disaster Management Agency (Nadma) would monitor the weather transition. According to him, forecasts indicate this year could be the country’s hottest...
KUALA LUMPUR: Investors are continuing to take money off the table following a mixed performance on Wall Street, in response to a slightly dovish message by the US Federal Reserve. The FBM KLCI dropped one point to 1,574.97 at the open as investors digested the news of the latest Fed guidance. Overnight, the Fed stayed put on...
In 2023, Google prevented 2.28 million applications violating its security rules from getting into the Play Store. In addition, almost 200,000 app submissions were rejected or amended to ensure the correct use of sensitive permissions such as access to background location data or SMS messages. In the space of a year, 333,000 developer accounts have been...
KUALA LUMPUR: Off the back of heightened demand due to the festive period, Fraser & Neave Holdings Bhd's (F&N) outperformance in the opening months of 2024 could also be pointing towards a rising preference for Asian brands, said Kenanga Research. In a results note, the research firm said it believed consumers may be opting for Asian brands...
KUALA LUMPUR: The ringgit opened a tad lower against the US dollar today after the US Federal Reserve (Fed) kept its benchmark interest rate unchanged. At 9 am, the ringgit opened at 4.7705/7775 against the greenback from Tuesday’s close of 4.7700/7750. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the Fed’s two-day Federal Open...
KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 49.0 in April from 48.4 in March, indicating a softer downturn in the country's manufacturing sector. "The latest PMI data suggests that GDP growth is running at a slightly improved rate than that seen at the end of 2023, as well...
CHENGDU: Sadness was written all over the face of debutant Justin Hoh. The men’s singles shuttler Justin was left dejected after missing out becoming a hero for Malaysia in the last Group D tie against Denmark in the Thomas Cup Finals. The 20-year-old battled hard against world No. 26 Rasmus Gemke before going down 13-21, 21-19, 13-21...
CHENGDU: Debutant Justin Hoh had a chance to be the team's hero but he missed it. The 20-year-old went down fighting 13-21, 21-19, 13-21 to experienced Rasmus Gemke in the deciding match and Malaysia lost 2-3 in the final Group D fixture against Denmark in the Thomas Cup Finals at the Hi Tech Zone Sports Center...
PHNOM PENH: AirAsia believes it is capable of confronting rising fuel prices and the continued unfavourable currency movements, which continue to heighten global challenges. Capital A Bhd chief executive officer (CEO) Tan Sri Tony Fernandes said his confidence is based on the returned elasticity of the aviation industry post-Covid-19 despite fares rising as much as 25 per...
