World

US military says it killed four men in strike on suspected drug vessel

Dec 4 (Reuters) - The U.S. military said it killed four men in a strike on a suspected drug vessel in international waters in the Eastern Pacific on Thursday.

Technology

SentinelOne forecasts quarterly revenue below estimates, CFO to step down

Dec 4 (Reuters) - Cybersecurity firm SentinelOne on Thursday forecast fourth-quarter revenue below analysts' expectations and said Chief Financial Officer Barbara Larson will step down.

Corporate News

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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Technology

Hewlett Packard forecasts weak quarterly revenue, shares fall

Dec 4 (Reuters) - Hewlett Packard Enterprise forecast first-quarter revenue below Wall Street estimates on Thursday, due to cautious enterprise spending amid economic uncertainty, sending its shares down 5% in extended trading.

Technology

Microsoft to lift productivity suite prices for businesses, governments

Dec 4 (Reuters) - Microsoft will increase prices for its Microsoft 365 productivity suites globally starting July 2026 for commercial and government clients, the company said on Thursday.

Technology

Bank of America expands crypto access for wealth management clients

Dec 4 (Reuters) - Bank of America will begin allowing its wealth advisers to recommend allocations to crypto in client portfolios from next month, the U.S. lending giant said on Thursday, in a landmark moment for the digital assets sector.

Technology

Italy launches 'in-depth' review of cryptocurrency risks

MILAN, Dec 4 (Reuters) - Italy's Economy Ministry has ordered an in-depth review of existing safeguards against cryptocurrency risks, which are seen potentially rising, the Bank of Italy and other financial regulators said on Thursday.

Commodities

Oil settles up on expectations of Fed rate cut

Oil prices settled up on Thursday on investors' expectations for the Federal Reserve to cut interest rates, while stalled Ukraine peace talks tempered expectations of a deal restoring Russian oil flows.

Football

England's Tuchel might keep substitutes inside if World Cup heat gets too fierce

Dec 4 (Reuters) - England manager Thomas Tuchel said he might keep his substitutes in the dressing room during matches at the 2026 World Cup next summer in an attempt to mitigate the impact of extreme heat.

Technology

FCC approves AT&T $1 billion purchase of spectrum from US Cellular

WASHINGTON, Dec 4 (Reuters) - The Federal Communications Commission said Thursday it has approved AT&T's deal to buy some wireless spectrum licenses from U.S. Cellular in a $1.02 billion deal after the Texas-based carrier committed to end DEI programs.

Markets

Indices end near flat, supported by Fed hopes

US stocks closed near the unchanged mark on Thursday, as investors weighed a report on the labour market and other economic data, while equities drew support from elevated hopes for a Federal Reserve interest-rate cut next week.

Indonesia

Mining firms face action as deforestation blamed for floods

The nation will revoke mining permits if companies are found to have violated rules on flood-ravaged Sumatra island, the Energy Minister said as questions intensified about the role of deforestation in worsening the deadly disaster.

Nation

Talks clear path for smoother airspace deal

SINGAPORE: Malaysia and Singapore have reached a key understanding in their ongoing discussions on the Flight Information Region, with both sides agreeing that any future arrangement must ensure smooth and unhindered air traffic movements.

Nation

More than 5,000 employers sign up for PWP

KUALA LUMPUR: Over 5,000 employers have opened accounts through the  Progressive Wage Policy (PWP) as at the end of November.

Nation

Speeding up shift to green energy

PUTRAJAYA: The Energy Transition and Water Transformation Ministry (Petra) will focus on accelerating the shift towards renewable energy (RE) and strengthening national water resource management, says Datuk Seri Fadillah Yusof (pic). 

Nation

Construction workers to get digital ID

KUALA LUMPUR: A new digital card has been unveiled by the Construction Industry Develop­ment Board (CIDB) to improve the management of construction workers by both the government and construction companies.

Nation

Takiyuddin vote delayed

ON the final day of the Dewan Rakyat meeting for 2025, drama erupted when Opposition chief whip Datuk Seri Takiyuddin Hassan (pic) narrowly dodged a six-month suspension – a cliffhanger that now hangs over the next parliamentary session.

Nation

Focusing on human capital, entrepreneurship

PUTRAJAYA: The Rural and Regional Development Ministry will step up development efforts next year by focusing on two main areas – human capital development and strengthening rural entrepreneurship, particularly through techno-entrepreneur initiatives.

Nation

MCMC developing 10 subsidiary regulations to protect children

KUALA LUMPUR: Malaysia is moving to bar children under 16 from accessing social media platforms and to tighten content controls for teenagers under 18, as part of the Online Safety Act 2025 (Act 866).

Sabah & Sarawak

Bung warded for lung infection

KOTA KINABALU: Sabah Barisan chief Datuk Seri Bung Moktar Radin is reportedly undergoing intensive treatment for a lung infection.