Latest
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Golf
Golf-Schauffele finally adds some major silverware to Olympic gold
(Reuters) - Xander Schauffele finally added some elusive silverware to his Olympic gold, shedding the title of golf's nearly man on Sunday with a dramatic birdie on the final hole to win the PGA Championship and hoist the massive Wanamaker Trophy.
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Markets
FBM KLCI starts week strong on rate cut hopes, Q1 GDP boost
KUALA LUMPUR: The FBM KLCI started the week on a high note, boosted by expectations of global rate cuts and strong first-quarter 2024 gross domestic product (GDP) data announced last Friday.
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World
Lai Ching-te sworn in as Taiwan's new president
TAIPEI (Reuters) - Lai Ching-te was sworn in as Taiwan's new president on Monday, in footage shown live on television from the presidential office.
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Nation
PM's Uzbekistan visit creates more business opportunities for Malaysians
TASHKENT: Prime Minister Datuk Seri Anwar Ibrahim's visit to Uzbekistan from May 17 until 19 is seen as an opportunity for business entities in Malaysia to expand their business and to penetrate the Uzbekistan market, and even to explore the bigger Central Asian market.
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Social media
Study: Children who spend more time on social media ‘more likely to vape’
Youngsters who spend a lot of time on social media are more likely to vape and smoke cigarettes, new British research suggests.
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Analyst Reports
Trading ideas: Maxis, ITMAX, PIE, MFM, PPB Group, Epicon, NationGate, GIIB
KUALA LUMPUR: Stocks to watch today include Maxis Bhd, ITMAX System Bhd, PIE Industrial Bhd, Malayan Flour Mills Bhd (MFM), PPB Group Bhd, Epicon Bhd, NationGate Holdings Bhd and GIIB Holdings Bhd.
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Starpicks
Visit your dream destination with Chin Hin Property
Chin Hin Property is proudly celebrating its 50th anniversary, a momentous milestone in its remarkable journey of endurance and success.
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True Or Not
QuickCheck: Is 'Yesterday' by The Beatles one of the most-covered songs ever?
YOU probably know the lyrics to this song, even after hearing just the first word.
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Golf
Golf-Schauffele wins PGA Championship for first major title
(Reuters) - American golfer Xander Schauffele won the PGA Championship by one shot over LIV Golf's Bryson DeChambeau at Valhalla Golf Club in Louisville, Kentucky on Sunday to claim his first major title.
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Business
KK Supermart inks MoU with Samarkand regional govt
PETALING JAYA: KK Supermart Group has inked a memorandum of understanding (MoU) with the government of the Samarkand region to jointly promote economic activities
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Economy
Green economy push
PETALING JAYA: As corporate Malaysia jumps on to the green economy bandwagon to bolster its economy going forward, there are areas that need to be fine-tuned to boost growth and minimise “greenwashing”.To minimise “greenwashing” and fuel sustainability practices, experts are urging, among others, to further forge close cooperation between the government and the private sector to ensure only clear and consistent policies are implemented.
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Property
Berjaya Land CEO expects Times Square 2 to sell out
KUALA LUMPUR: Berjaya Times Square Sdn Bhd (BTS) is confident that its newly launched Times Square 2 residential project will be sold out by year-end.
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Forex
The worst may be over for the ringgit
PETALING JAYA: After a period of volatility and depreciation, signs are emerging for the ringgit to gradually strengthen in the coming months.
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Insight
Reforms key to raising country’s growth potential
DESPITE its limitations, tracking gross domestic product (GDP) is important because it gives information about the size of the economy and how an economy is performing.
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Business
Good decision by EPF to give flexibility to members regarding Account 3
KUALA LUMPUR: The Employees Provident Fund’s (EPF) decision to allow its members the option to move their contribution in Account 3 to Account 1 or 2 or both is welcomed, say financial experts.
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Analyst Reports
S P Setia poised for record-breaking earnings
PETALING JAYA: S P Setia Bhd’s robust land sales and promising market conditions have positioned the property giant for potentially record-breaking earnings in its fiscal year ending Dec 31, 2024 (FY24).
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Corporate News
Oriental’s strong balance sheet to enhance growth
GEORGE TOWN: Oriental Holdings Bhd (OHB) will spend RM58.8mil in financial year 2024 (FY24) for new planting, acquiring plant and machinery for an oil mill, and constructing an estate building.
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Telcos
SUPERCHARGING BUSINESSES WITH INTEGRATED CONNECTIVITY SERVICES
EVERY modern business needs to have dependable connectivity to effectively communicate with customers, clients and employees.
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Banking
Deutsche Bank transfers risk on portfolio of green mortgages
LONDON: Deutsche Bank AG has entered a capital relief deal with the European Investment Bank (EIB) that allows the German lender to grant discounts on more than 600mil of green mortgages in its home market.
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Corporate News
Texas braces for more summer electricity alerts
Austin: The Electric Reliability Council of Texas (Ercot) has warned reserve margins will be squeezed this week as temperatures rise and it may need to instruct generators to postpone non-urgent maintenance.