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Markets
Nasdaq, S&P end lower as tech stocks fall
The Nasdaq and S&P 500 closed lower on Wednesday, dragged by tech stocks on nagging concerns about high-flying valuations, but falling crude prices boosted airlines and other travel stocks and the Dow finished higher.
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Commodities
Brent hits pre-Iran war low as tankers leave Hormuz
The benchmark global oil price declined more than US$3 on Wednesday to settle at its lowest level since before the start of the Iran war as supply concerns eased with more stranded oil tankers exiting the Strait of Hormuz.
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Nation
Ex-Felda trio face multiple CBT charges
JOHOR BARU: Three former Felda employees claimed trial in the Sessions Court here to multiple charges of criminal breach of trust involving funds belonging to a deceased settler.
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Nation
Guan Eng, wife to stand trial
PUTRAJAYA: The Court of Appeal has cleared the way for former Penang chief minister Lim Guan Eng, his wife Betty Chew and businesswoman Phang Li Koon to stand trial on corruption and money laundering charges linked to a RM11.6mil workers' hostel project.
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Nation
Coalition govt? That’s off the table
JOHOR BARU: Johor Barisan Nasional will not form a coalition government with any other political party if it wins the state election, says its chairman Datuk Onn Hafiz Ghazi.
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India
Govt acts to counter weak monsoon
The country has drawn up contingency plans for more than 300 districts which are vulnerable to a weak monsoon as it steps up preparations for the summer-sown season to minimise the impact on crops, its farm minister Shivraj Singh Chouhan said.
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Nation
PM warns of pushback against anti-graft drive
ALOR GAJAH: Efforts to eradicate corruption and reform the country continue to face resistance from those accustomed to benefiting from graft, says Prime Minister Datuk Seri Anwar Ibrahim.
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Nation
Anwar: Putin assures long-term supply of oil, gas, diesel
SEGAMAT: Malaysia has received assurances of long-term oil, gas and diesel supplies from Russia following discussions between Prime Minister Datuk Seri Anwar Ibrahim and Russian President Vladimir Putin during his recent visit.
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Thailand
Not so smooth criminal? ‘MJ’ jailed over drunk driving
A court jailed a singer dubbed the country's "Michael Jackson" for two years for killing two people while driving while drunk.
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Vietnam
Hanoi’s subtle protest over home demolitions
Silent prayer vigils, cautiously worded protest banners and T-shirts pleading for neighbourhoods to be spared – Hanoi residents are showing rare public opposition to a massive redevelopment scheme that could displace hundreds of thousands.
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Singapore
Scam ringleaders probed
The Singapore Police Force (SPF) is investigating two men over alleged money laundering offences linked to Cambodia's widely sanctioned Prince Group and their associates.
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Sri Lanka
Authorities ban junk food in schools over health fears
The country began enforcing a ban on fast food and sweets in schools to tackle what the government says are rising cases of diabetes and heart disease in children.
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China
Li: AI governance needed
The world risks "losing control" of frontier technology such as AI if governments are too slow to regulate it, China's premier warned attendees at "Summer Davos".
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Economy
Full sail ahead for Dalian, thanks to its key attributes
Despite global economic complexities and geopolitical uncertainties, Dalian has reported marked growth in foreign trade, showing vitality and resilience.
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Japan
PM heckled by anti-war protesters at memorial
Prime Minister Sanae Takaichi was heckled at a World War II memorial event by protesters angry about Tokyo's further shift away from its decades-long pacifist stance, television footage showed.
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Singapore
Two men issued ISA orders after foray into extremism
A student who took photos of his phone showing extremist ideologies with Marina Bay Sands in the background was among two Singaporeans who were issued Internal Security Act (ISA) orders.
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Philippines
Gaming app under fire
Authorities said they will temporarily block an online gaming app that one of two students blamed for a deadly school shooting has avidly used, to assess whether it played a role in fostering such violence.
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Nation
Crossing over the Causeway for growth
PETALING JAYA: Companies are increasingly shifting manufacturing, logistics and regional headquarters from Singapore to Malaysia, with H&M, Gardenia, Heineken and Yeo's among the latest to relocate or expand operations here.
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Economy
Indonesia to reintroduce stimulus measures in 2H
The Indonesian government has announced that consumer stimuli will be reintroduced in the second half of the year to spur economic activities amid a volatile global economy.
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Markets
South Korea’s attempt to bring ETF money back home falls short
South Korea's attempt to lure money back home by approving domestic single-stock leveraged exchange-traded funds (ETFs) has shown little impact, as investors continue to hold large positions in competing Hong Kong-listed products.
