Latest
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Markets
FBM KLCI opens lower as investors book profits
KUALA LUMPUR: The profit-taking activities on the domestic market, triggered by a downturn in regional sentiment, are likely to keep the FBM KLCI in range-bound motion, said Apex Securities Research.
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STARPICKS
Mont'Kiara : a lifestyle in metropolitan luxury
The MINH in Mont'Kiara is set to become the upcoming address for a dynamic and sophisticated urban lifestyle to those looking for substantial investments and residents from across the globe.
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Analyst Reports
Trading ideas: Al-'Aqar REIT, Pantech, AirAsia X, Inta Bina, Khee San, Infoline, Heineken, Agricore
KUALA LUMPUR: He is a recap of the corporate headlines.
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Aviation
Capital A to dispose of 100% stake in AirAsia Aviation Group, AirAsia for RM6.8bil
KUALA LUMPUR: Capital A Bhd has entered into a conditional share sale and purchase agreement with AirAsia Group Sdn Bhd (AAG) to dispose of its 100 per cent equity interest in AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for RM6.8 billion.
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Markets
US stocks fall as weak GDP growth spreads rate-cut gloom
Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected US economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms.
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True Or Not
QuickCheck: Did a surgeon kill three people in one operation?
When one thinks of surgeons and deaths in the operating room, the general thought might be of a healer being unable to save a patient's life due to factors that are more often than not out of their control.
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Technology
L3Harris raises top end of 2024 adjusted earnings outlook amid global tensions
(Reuters) - L3Harris lifted the upper-end of its annual adjusted profit target on Thursday, betting on sustained weapons demand and robust defense spending amid escalating global security concerns.
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Technology
Microsoft results top Wall Street targets, driven by AI investment
(Reuters) -Microsoft beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence across its cloud services, and the company's shares jumped more than 4% in extended trade.
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Technology
Google parent announces first-ever dividend; beats on sales, profit; shares soar
(Reuters) - Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell.
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Technology
Health conglomerate Kaiser notifies millions of a data breach
(Reuters) -U.S. health conglomerate Kaiser is notifying millions of its members of a data breach earlier this month, it reported in a notice posted on Thursday.
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Technology
Intel forecast misses estimates; shares tumble
(Reuters) -Intel forecast second-quarter revenue and profit below market estimates on Thursday, sending its shares tumbling roughly 8% as it faces weak demand for its traditional data center and PC chips and trails in the surging market for AI components.
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Technology
T-Mobile raises forecast for subscriber additions on strength from bundled plans
(Reuters) -T-Mobile US raised its annual forecast for growth in monthly bill-paying phone subscribers on Thursday, as more people take to its plans that bundle high-speed internet with access to streaming services.
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Technology
Snap beats first-quarter expectations, shares jump 25%
(Reuters) -Snap beat Wall Street's expectations for quarterly revenue and user growth on Thursday, as improvements to its advertising system delivered results faster than anticipated.
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Technology
Crypto firm Consensys sues US SEC over Ethereum regulation
(Reuters) -Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) tied to the regulation of the Ethereum blockchain, the crypto firm said on Thursday.
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Technology
Warner Bros Discovery to launch data platform for better ad-targeting
(Reuters) - Warner Bros Discovery is launching a data platform that would help advertisers better reach their target audience across both cable and digital channels, it said on Thursday.
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Technology
Reddit back up after brief outage affected thousands globally
(Reuters) -Reddit said on Thursday it has fixed an issue that had left tens of thousands of users across the globe without access to the social media platform for more than half an hour.
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Technology
Microsoft-backed Rubrik's stock jumps 21% in NYSE debut
(Reuters) -Rubrik's shares climbed nearly 21% in their debut on the New York Stock Exchange on Thursday, giving the Microsoft-backed cybersecurity firm a valuation of $6.77 billion.
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Nation
Remembering marginalised Malaysians
Despite organisation of many development projects aimed at Malaysia’s Orang Asli community, systemic apartheid hinders sustainable development.
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Other Sports
As real as it gets
TWENTY years ago, the Ultimate Fighting Championship was on life support.
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Other Sports
Game on!
THE packed stadium shudders as thousands of orange-clad Dutch fans bounce around, chanting the name of their favourite player. But they’re not watching Ajax or the Holland football team. This is darts.