World

Goldman Sachs settles shareholder lawsuit over 1MDB scandal

NEW YORK (Reuters): Goldman Sachs has agreed to settle a class-action lawsuit accusing the Wall Street bank of defrauding shareholders about its work for 1MDB, a Malaysian sovereign wealth fund that became embroiled in a corruption scandal.

Nation

Umno, BN never took the position to postpone state polls, says Zahid

KUALA LUMPUR: Umno and Barisan Nasional have never taken a position to postpone the Melaka and Johor state elections following current geopolitical developments, says Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Japan

Over 1,000 people urged to evacuate as wildfires rage in north-eastern Japan

MORIOKA: Wildfires broke out Wednesday (April 22) at two sites in the same town in Iwate Prefecture, northeastern Japan, prompting local authorities to urge over 1,000 residents to evacuate, while requesting assistance from the Self-Defence Forces to fight the flames, Kyodo News Agency reported

Markets

Asian shares track Wall Street to record highs but higher oil prices a risk

SYDNEY: Asian shares tracked Wall Street higher on Thursday, led by record highs in Japan, South Korea and Taiwan, as investors shrugged off higher oil prices from more shipping woes in the Gulf and focused on strong corporate earnings.

Technology

SoftBank seeks $10 billion margin loan backed by OpenAI shares, Bloomberg News reports

April 22 (Reuters) - SoftBank ⁠Group is seeking a $10 billion ⁠loan secured by its shares in ChatGPT-maker ‌OpenAI as it takes on more debt for its push into AI, Bloomberg News reported on ​Wednesday, citing sources. 

Technology

Microsoft bets big on AI in Australia with $18 billion investment

April 23 (Reuters) - Microsoft said ⁠on Thursday that it will invest A$25 billion ($17.9 billion) in Australia by the end of 2029 ⁠to boost computing and artificial intelligence capacity, betting on growing demand for the technology in ‌the country.

Nation

Iran Fires on Hormuz Ships as US Navy intercepts oil tankers

NEW YORK: Iranian gunboats fired on commercial ships in the Strait of Hormuz while the US intercepted two of the Islamic Republic's oil tankers.

World

Billionaire Justin Sun sues Trump-linked project alleging extortion

NEW YORK: Crypto billionaire Justin Sun and his companies sued World Liberty Financial, a crypto project co-founded by President Donald Trump, accusing the company of extortion and an "illegal scheme" to seize his tokens. In a complaint filed Tuesday (April 21) in San Francisco federal court, Sun also claimed that "World Liberty is on the verge of collapse" and questioned whether it holds enough reserves to back its USD1 stablecoin. Sun invested a total of US$45mil to buy three billion of World Liberty's WLFI tokens in 2024 and 2025, and was awarded another billion WLFI tokens for advising the project, according to the suit. But he says his relationship with World Liberty's team soured mid-last year, after he declined to provide more investment and support to the project. In recent weeks, Sun and World Liberty have been exchanging punches on social network X amid the project's deepening clash with early investors

Design

Home kitchen and bathroom hacks to achieve a designer look for less

From small changes such as adding new hardware to existing cabinetry, to modern lighting and accents, there are affordable design hacks that can help anyone achieve a designer look for less.

Wellness

Are you having pain after removing your breast?

These women had mastectomies to thwart cancer but a stabbing pain developed months after surgery.

AI

AI ‘hallucinations’ created errors in court filing, top law firm says

Sullivan & Cromwell apologised for submitting a court document that had fake citations created by artificial intelligence.

Arts

Iran’s mural project - blunt and theatrical - signals defiance in its war with the US

Murals and banners have long been a defining feature of Iran's urban landscape, capturing themes of resistance and defiance

World

A longer Iran conflict could boost risk for Ukraine securing missile defences, Zelenskiy says

April 23 (Reuters) - Ukraine could ⁠face increased risks in securing U.S. anti-missile defences if the ⁠war in Iran goes on for an extended period of ‌time, Ukrainian President Volodymyr Zelenskiy said on Wednesday.

Nation

Cops cripple illicit cigarette syndicate in Seri Kembangan

PETALING JAYA: Police seized contraband cigarettes worth about RM1.02mil in a raid under Ops Taring Alpha 1 at a house in Seri Kembangan on Wednesday night (Apr 22).

Sabah & Sarawak

Nearly two tonnes of dried sea cucumber seized during ops in Sibu

SIBU: A total of 1.8 tonnes of dried sea cucumber were seized in an integrated operation here. Dried sea cucumbers are marine species protected under the Wildlife Protection Ordinance 1998.

Markets

FBM KLCI bounces higher, but stays range-bound

KUALA LUMPUR: The FBM KLCI opened slightly higher, staying within reach of the 50-day simple moving average as investors practised caution amid the mixed headlines from the Middle East.

Nation

TikTok creator arrested for wearing police gear in viral video

SUBANG JAYA: A local man has been arrested following a viral TikTok video showing him wearing a police vest and helmet bearing official insignia without authorisation.

Cybersecurity

Anthropic probes unauthorised access to Mythos AI model

American AI developer Anthropic said Tuesday it was investigating unauthorised access to Mythos, its powerful model which the company itself worries could be a boon for hackers.

Entertainment

HK movie icon Chow Yun Fat, with RM504mil property portfolio, sells condo unit for RM3.7mil

The latest transaction generated a profit of RM1.8mil.

Forex

Ringgit opens lower vs greenback amid caution over US-Iran talks

KUALA LUMPUR: The ringgit opened lower against the US dollar on Thursday, weighed by cautious sentiment as traders awaited clearer outcomes from ongoing United States-Iran negotiations.