Latest
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Economy
South Korea inflation hits two-year high, imminent rate hike in play
SEOUL: South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations on high oil prices triggered by the Middle East conflict, supporting the case for monetary tightening as early as next month.
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Nation
Difficult terrain, strong winds hamper search for missing hiker
TAPAH: Clustered clouds, strong winds and the confined terrain surrounded by dense trees are among the main challenges faced by rescuers in the search and rescue (SAR) operation for a missing female hiker at Gunung Batu Putih, here.
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Economy
Australia lifts minimum wage to match increases in inflation
SYDNEY: Australia's independent wage-setting body said on Tuesday that the country's lowest-paid workers will get a 4.75% pay rise from July, roughly in line with an expected rise in inflation projected by the central bank.
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Singapore
Singapore to create a registry of AI agents for 150,000 public officers amid AI push
SINGAPORE: A registry of artificial intelligence agents is being developed for 150,000 public officers in Singapore to use cutting-edge AI in their work without compromising data security.
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Technology
Nvidia has capacity to supply robust AI growth despite constraints, says CEO
TAIPEI, June 2 (Reuters) - Nvidia CEO Jensen Huang said on Tuesday the company has enough supply to accommodate robust growth in central processing units (CPUs) and graphics processing units (GPUs) as it rides an AI boom.
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World
Trump's 'weaponization' fund put on hold after fierce opposition from Congress
WASHINGTON, June 1 (Reuters) - President Donald Trump's nearly $1.8 billion fund to compensate victims of alleged government "weaponization" has been put on hold after the White House faced fierce opposition from Republicans in Congress, three sources familiar with the plan said on Monday.
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Nation
Teen driver held over five-death accident in Kluang
JOHOR BARU: Police have arrested a local man to assist in the investigation of an accident involving five vehicles that killed five people at Kilometre 27, Jalan Renggam-Simpang Renggam, Kluang.
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Thailand
Word nerds have a weekend on the tiles at Thailand's Scrabble title
BANGKOK: If he were no longer physically able to play Scrabble, 86-year-old Tan Jin Chor said he would "shut the lights and call it a day", but his love of the word game has kept the veteran verbophile competing.
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Tennis
Tennis-Osaka finds peace in defeat as Sabalenka ends Paris run
PARIS, June 1 (Reuters) - A few years ago, a defeat on a Grand Slam stage could have sent Naomi Osaka spiralling into self-doubt and isolation.
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Tennis
Tennis-No Sinner, no problem as marathon man Arnaldi makes it three Italian men in Paris last eight
PARIS, June 1 (Reuters) - Matteo Arnaldi clawed his way back from the brink to become the third Italian man in the French Open quarter-finals on Monday, outlasting American Frances Tiafoe 7-6(5) 6-7(5) 3-6 7-6(3) 6-4 in a delirious late-night epic on court Suzanne-Lenglen.
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Cricket
Cricket-Pink balls to be trialled in day tests to maximise playing time
MELBOURNE, June 2 (Reuters) - Cricket's test-playing nations will be able to use pink balls instead of red ones in traditional daytime matches as part of a trial to prevent play being lost due to bad light.
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Technology
SEC, Elon Musk defend 'compromise' settlement over Twitter purchases
June 1 (Reuters) - Elon Musk and the U.S. Securities and Exchange Commission defended their settlement over his purchase of Twitter shares, saying it reflected compromises and was not tainted by collusion, after the judge overseeing the case said the accord raised "red flags."
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Sabah & Sarawak
Man goes missing while searching for birds' nests in Lahad Datu cave
KOTA KINABALU: A 61-year-old man who went searching for birds' nests at the Tepadung cave in Lahad Datu has been reported missing.
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Social media
UN warns social media bans alone won't keep children safe
Bans or age restrictions on social media use are not enough on their own to protect minors from the harmful effects of the platforms, UN experts say, arguing that the companies and their algorithms must also face stricter safeguards.
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Investment
Berkshire, under new CEO Greg Abel, invests US$16.8bil in two days
GREG Abel appears to be putting his stamp on Berkshire Hathaway, which committed $16.8 billion over two days to buy homebuilder Taylor Morrison Home Corp and help Google build out AI.
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Technology
Alphabet plans to raise $80 billion for AI goals, Berkshire to invest $10 billion
June 1 (Reuters) - Alphabet is looking to raise $80 billion in equity offerings, including an investment from Berkshire Hathaway, the Google parent said on Monday, in its aggressive push to fund a costly expansion of its AI infrastructure.
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Commodities
Oil closes up more than 4% on halt in US-Iran talks, risk of blockades
NEW YORK: Oil prices settled more than 4% higher on Monday after Iran's Tasnim news agency reported that Tehran had halted indirect negotiations with the U.S. and plans were being made for Iranian forces and their allies to completely block the Strait of Hormuz and potentially disrupt other key shipping routes.
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Markets
Wall St ends higher, boosted by tech gains, US-Iran peace hopes
NEW YORK: Wall Street stocks posted modest gains on Monday as investors watched developments in U.S.-Iran peace negotiations and cheered the unveiling of a new computer chip that promises to bring artificial intelligence to personal computing.
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World
At least 22 killed in heavy Russian attack on Ukrainian cities
KYIV, June 2 (Reuters) - Russia pounded Ukraine with hundreds of drones and dozens of missiles early on Tuesday in a heavy attack that authorities said killed 22 people and wounded more than 100.
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Technology
Instant View: Anthropic IPO filing ratifies Wall Street's AI obsession
NEW YORK, June 1 (Reuters) - AI giant Anthropic said on Monday it has confidentially filed for a U.S. initial public offering, teeing up a watershed moment for Wall Street's AI frenzy.
