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Markets
Growth momentum continues on Bursa
KUALA LUMPUR: The upbeat momentum on Bursa Malaysia resumed on Tuesday as foreign funds continued to flow into the market on rising appetite for equities.
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World
Indonesia's Ruang volcano erupts, more than 12,000 people evacuated
JAKARTA (Reuters) -Indonesia's Ruang volcano erupted on Tuesday, spewing lava as lightning flashes lit up its crater, prompting authorities to raise the alert status and evacuate more than 12,000 people living on a nearby island.
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Nation
Ab Rauf in Netherlands to examine world's oldest written record on Hang Tuah
MELAKA: Delegates from the Melaka government are in The Hague, Netherlands to examine a 265-year-old manuscript that could shed more light on the legendary Malay warrior Hang Tuah.
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Entertainment
K-drama 'Queen Of Tears' finale sets record viewership ratings as tvN’s most-watched series finale
Despite its commercial success, the last two episodes of 'Queen Of Tears' sparked online backlash among viewers for their slow and unrealistic plot development.
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Economy
Country’s trading with China strengthened with China-Asean Expo
PETALING JAYA: Made-in-Malaysia products will find enormous business opportunities in China, says China-Asean Expo (CAEXPO) secretariat deputy secretary-general Liang Yiguang.
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Philippines
Region swelters in extreme heat
The country cancelled in-person sessions in public schools for two days from yesterday, warning that the power grid on its main island of Luzon could be strained in a heatwave that is also broiling other parts of South-East Asia.
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Thailand
‘Pocket parks’ sprout along Bangkok’s highways
Between crumbling concrete blocks and sweeping tarmac highways, slivers of verdant “pocket parks” are sprouting in Thailand’s capital Bangkok.
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Thailand
Foreign minister resigns after Cabinet reshuffle
The nation’s Foreign Minister Parnpree Bahiddha-Nukara (pic) has resigned, the government said, after being removed from the post of deputy prime minister in a Cabinet reshuffle, at a time when the South-East Asian country seeks to help resolve a conflict in Myanmar.
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China
Aerial photos show devastation by deadly tornado
AERIAL photos posted by Chinese state media showed wide devastation in parts of the southern city of Guangzhou after a tornado swept through the day before, killing five people, injuring dozens others and damaging more than 140 buildings.
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Thailand
Leading activist jailed for two more years over royal insult
A COURT in Bangkok sentenced one of the kingdom’s leading democracy activists to a further two years’ imprisonment on royal insult charges.
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China
Eyes set on lunar mission
THE republic will send a robotic spacecraft in coming days on a round trip to the moon’s far side in the first of three technically demanding missions that will pave the way for an inaugural Chinese crewed landing and a base on the lunar south pole.
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Pakistan
Blessings atop sacred mountain
THE ascent of steep mud volcanoes marks the start of Hindu pilgrims’ religious rituals in southwestern Pakistan.
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India
Inheritance tax cannot remove inequality, says Modi
TAXING people’s inheritance cannot address inequality and has “never removed poverty”, Indian Prime Minister Narendra Modi told The Times of India newspaper, alleviating fears that such a tax could be imposed if he returns to power after the elections.
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South Korea
President, opposition in talks over bipartisan cooperation
PRESIDENT Yoon Suk-yeol has discussed with liberal opposition leader Lee Jae-myung about how to revive bipartisan cooperation, after Yoon’s conservative party recently suffered a massive defeat in parliamentary elections.
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Japan
By-election blow to Kishida
The governing party, stung by an extensive slush funds scandal, lost all three seats in parliamentary by-elections in a major setback for Prime Minister Fumio Kishida in seeking reelection as his party’s leader in the autumn.
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Banking
HK bankers earn more than city-state peers
SINGAPORE: Hong Kong bankers enjoyed higher base salaries and bonuses in 2023 compared with their peers in Singapore, some of whom suffered the harshest cuts in the Asia-Pacific.
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Corporate News
Brazil and Vietnam to boost rubber tyre exports
DA NANG: Local rubber tyre producer, Da Nang Rubber Joint Stock Co and Oceanside One Trading company from Brazil have inked an agreement on rubber tyre distribution in the South American and the United States market, promising an increase in export turnover from US$70mil to US$150mil per year.
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Auto
BYD shares face earnings test as China’s EV price war heats up
SHANGHAI: After getting a jump on competitors in the latest round of China’s electric vehicle (EV) price war, BYD Co now faces a key test of proving that it can withstand the impact on profits.
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Nation
Mat Sabu: Tighten borders to curb unhealthy livestock
KLANG: Government departments and agencies related to border control have been urged to intensify enforcement and control at the country’s entry points to deal with the entry of cheap illegal livestock with a questionable health status, ahead of the Hari Raya Aidiladha celebration.
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Badminton
It’s India first for Satwiksairaj-Chirag as their No. 1 ranking is second priority
CHENGDU: India’s Satwiksairaj Rankireddy-Chirag Shetty chose to forgo their No. 1 ranking to make sure they were in the best shape to help their team defend their Thomas Cup Finals title and hope their sacrifice pays off.