Latest
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Aviation
Singapore Airlines CEO says travel out of China not yet recovered
SEOUL: Air travel demand from China is not back to pre-pandemic levels for Singapore Airlines , but a visa-free scheme for Chinese citizens to the Asian hub has helped fill seats and the airline will add more China capacity this year, its CEO said on Thursday.
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Technology
FTX users will be paid back, with interest. They’re mad anyway.
While FTX said it expects to collect enough cash to pay them 100% of what they’re owed, plus interest, there’s a catch. They’re not getting their crypto back. Instead, they’re getting US dollars based on what the accounts were worth when FTX went bust in November 2022.
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Markets
Asia rides Wall St rally, dollar sags on inflation relief
TOKYO: Asian stock markets rallied on Thursday, buoyed by Wall Street's surge to all-time peaks overnight after a milder U.S. inflation report raised expectations the Federal Reserve will deliver two interest rate cuts this year.
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Nation
Developer fined RM60,000 for damaging telecommunications infrastructure
CYBERJAYA: A developer was fined RM60,000 by the Seremban Magistrate's Court last Friday (May 10) for damaging network facilities owned by Telekom Malaysia Bhd (TM).
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Nation
Travellers from 36 more countries eligible for autogate facility for immigration clearance, says Saifuddin
PUTRAJAYA: Travellers from 36 more countries can use the autogate facility for immigration clearance beginning June 1, said Datuk Seri Saifuddin Nasution Ismail.
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Singapore
SIA posts record net profit for FY2024; staff to get 8 months’ bonus (update)
SINGAPORE: Singapore Airlines (SIA) posted a record full-year net profit on May 15 and is proposing a higher dividend payout for shareholders and a fatter bonus for staff.
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AseanPlus News
Top Asean officials meet Myanmar junta chief for 'cooperation' talks
YANGON: Myanmar's military chief has held talks with top Asean officials on the junta's participation in the South-East Asian regional bloc, from which it has been isolated since the 2021 coup, state media reported Thursday (May 16)
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World
US soldier held in Russia pleads guilty, RIA agency reports
MOSCOW (Reuters) - Gordon Black, a U.S. soldier being held in the Russian city of Vladivostok, has pleaded guilty to theft charges and is cooperating with investigators, Russia's RIA state news agencies reported on Thursday.
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People
Heart and Soul: Teachers Day – Musings from an English language teacher
It's been quite a journey for this teacher with 35 years' teaching experience in various Malaysian states.
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Commodities
Oil prices rise on slower US inflation, strong demand
OIL prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected, bolstering the argument for an interest rate cut which could drive even greater consumption.
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Internet
‘Chelsea’ asked for nude pictures. Then the sextortion began.
The Instagram message popped up from a girl named Chelsea: “Howdy.”
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Nation
Comms Ministry to include veteran performers in events, programmes
PUTRAJAYA: The Communications Ministry will prioritise the participation of veteran artistes in its events or programmes to ensure they can continue to showcase their work.
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Singapore
Download of child sex abuse material: Man gets jail term upped from 6 weeks to 8 months
SINGAPORE: A man who downloaded sexually explicit material involving children after he joined a Telegram chat group in which members shared pornography had his jail term increased from six weeks to eight months on Wednesday (May 15).
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Nation
Youths in hot water with police after cooking at Genting petrol station
KUALA LUMPUR: Police have started an investigation related to a group of individuals found engaging in a "picnic" session and cooking on a gas stove at a petrol station in Genting Highlands, Pahang, recently.
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Nation
A total of 155 conflict cases with elephants in Johor last year
ISKANDAR PUTERI: There were 155 cases of human-elephant conflict recorded in Johor last year, which resulted in crop damage, especially for those living near the wildlife habitats.
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Nation
Media cooperation vital to instil a culture of road safety, says Loke
KUALA LUMPUR: The police have been asked for daily accident statistics to bring road safety issues to the forefront, says Transport Minister Anthony Loke.
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Aviation
Mavcom revokes My Jet's air service licence
KUALA LUMPUR: The Malaysian Aviation Commission (MAVCOM) has revoked My Jet Xpress Airlines Sdn Bhd’s (My Jet) air service licence (ASL) effective from May 2, 2024.
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Markets
Bursa Malaysia joins rally on renewed US rate cut hopes
KUALA LUMPUR: Bursa Malaysia piggybacked a regional rally as a key US inflation report backed hopes the central bank will cut the interest rate in September.
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Technology
Temu targeted in EU consumer group's complaint to EU tech regulator
BRUSSELS (Reuters) -Chinese fast-fashion e-commerce retailer Temu was hit with a European Union complaint on Thursday over a potential breach of online content rules by the PDD Group-owned business.
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Nation
Johor attracted RM43bil in investment last year, state assembly told
ISKANDAR PUTERI: Johor recorded RM43bil worth of investment last year, of which RM31bil was foreign direct investment (FDI) and RM12bil, domestic direct investment (DDI), the state assembly was told.