Latest
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Badminton
Reversal of role as Momota aims to win again as third singles in last Finals
CHENGDU: Singles shuttler Kento Momota looked fit as a fiddle and as friendly as ever when he showed up for training at the Hi-Tech Sports Centre Gymnasium.
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Insight
Financial maturity vital with introduction of Account 3
Account 3, known as the Flexible Account for members below the age of 55, is one the biggest changes the Employees Provident Fund (EPF) has implemented in recent times
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Corporate News
Powering on data centres
The sole publicly listed electrical switchboard maker in Malaysia is riding on the data centre boom in the country and the larger South-East Asia.
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Squash
Sanjay marching towards top 50 with Bermuda semis spot
PETALING JAYA: Sanjay Jeeva (pic) continued his pursuit of breaking into the top 50 as he reached the Bermuda Open semi-finals in Devonshire on Thursday.
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Corporate News
IT buoys GDEX’s confidence
Having gone public with its intention to diversify into the information technology (IT) segment, courier services provider GDEX Bhd is keeping its optimism that both its stronghold business and new venture will perform positively this year.
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Other Sports
Khairul will continue to use own money for Olympics after qualifying without funding
PETALING JAYA: One has to give national sailor Khairulnizam Mohd Afendy an A for his determination.
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Nation
PM calls Gilley a ‘mediocre scholar’
SEPANG: The American academic who riled up Malaysia with his provocative statements over the country’s strong support of Palestine during a lecture at Universiti Malaya (UM) has been described as a “mediocre scholar” by the Prime Minister.
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Property
Rising data centre ability
Malaysia's growing data centre segment has been attracting a steady flow of investments.
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Nation
Battle of competing narratives
PETALING JAYA: While it will unlikely change the power dynamics in Selangor or at the national level, the Kuala Kubu Baharu by-election is set to be a fierce battleground of competing narratives about the Federal Government’s handling of recent controversies that have strained communal ties.
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Property
Blackstone, KKR mortgage REITs stung by office debt challenges
Blackstone Inc and KKR & Co mortgage real estate investment trusts (REITs) are grappling with deteriorating office loans as higher interest rates and weak demand drive down property values.
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Corporate News
Microlink wins contract worth RM56mil
Microlink Solutions Bhd has secured a RM56.45mil contract from Bank Islam Brunei Darussalam Bhd (BIBD) to implement and maintain a new core banking system for the latter.
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Corporate News
Kelington to reap the benefits of a diversified business strategy
Kelington Group Bhd is poised to ride the tailwinds of an anticipated semiconductor recovery in 2024 and it is also positioned to continue reaping the benefits of its well-diversified business strategy.
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Nation
Credible speakers still welcome in Malaysia
PUTRAJAYA: While the Higher Education Ministry awaits a full report from Universiti Malaya (UM) on the controversial talk by Bruce Gilley held there, it will not pursue any action against him.Its minister Datuk Seri Dr Zambry Abdul Kadir noted that the US academic had already fled the country.
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Corporate News
Sapura Energy takes a step to turn the tide
AS per its restructuring scheme, debt-laden Sapura Energy Bhd is divesting its 50% stake in SapuraOMV Upstream Sdn Bhd, marking an exit from the exploration and production (E&P) business, which was considered a prized asset.
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Nation
The teacher who went the extra mile
KANGAR: It was a nondescript Chinese primary school in Kuala Perlis that suddenly came under the national spotlight when it was revealed that the majority of its students were Malay.
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Insight
EPF’s third account, both a boon and a bane
THE Employees Provident Fund’s (EPF) third account, which will enable members to withdraw their savings at any time, has received mixed reactions.
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Corporate News
MAA to sell entire stake in Turiya for RM53mil
MAA Group Bhd has agreed to sell its entire 57.78% stake in Turiya Bhd for RM52.86mil, or 40 sen a share, to Khidmat Kejora Sdn Bhd (KKSB) and Neo Pixel Sdn Bhd (NPSB).
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Economy
Investors brace for 5% Treasury yields
As US inflation worries grow, some investors are preparing for the 10-year US Treasury yield to breach a 16-year high of 5% hit last October.
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Economy
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Japan is concerned about negative effects of the weak yen, according to Finance Minister Shunichi Suzuki in a fresh warning to speculators as the currency fell further after the central bank’s widely expected decision to hold rates steady.
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Corporate News
Tesla’s plan for affordable cars takes page from Detroit rivals
Elon Musk’s new plan to use current product lines as the basis for new affordable vehicles – rather than springing for all-new models – follows the playbook of Tesla’s old-school Detroit rivals, as some Tesla investors and analysts see it.