Latest
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Markets
China, Hong Kong stocks rise, led by property shares
SHANGHAI: China and Hong Kong stocks rose on Monday, led by real estate shares amid speculation that more stimulus measures are likely to be unveiled this week aimed at clearing inventory, boosting sales and lifting home purchase restrictions.
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Technology
Social media platform X back up after outages, Downdetector shows
(Reuters) -Social media platform X was back up on Monday after suffering outages earlier in the day, according to outage tracking website Downdetector.com.
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Corporate News
QSR Brands temporarily shuts down over 100 KFC stores nationwide due to boycotts
PETALING JAYA: QSR Brands (M) Holdings Bhd will be temporarily suspending more than 100 KFC outlets nationwide following months of boycotts.
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Nation
Jana Wibawa implemented after Cabinet approval, says witness
KUALA LUMPUR: The Sessions Court here was told that the proposed Jana Wibawa programme was presented to the Cabinet meeting for consideration before the Cabinet decided to give the go-ahead to the programme in 2020.
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Philippines
Miss Universe Philippines 2024 costume pageant zooms in on local flora, fauna
MANILA: A festive display of colours, crops, and creatures was witnessed at the 2024 Miss Universe Philippines National Costume Competition that highlighted the country’s abundant flora and diverse fauna.
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Forex
Most Asian currencies muted; stocks gain ahead of Fed rate decision
ASIAN emerging market currencies were subdued on Monday after inflation data in the United States further dimmed the prospects of interest rate cuts soon, with all eyes on the Federal Reserve's policy meeting later this week.
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South Korea
K-pop girl group NewJeans pop out Bubble Gum video amid troubles at agency
SEOUL: South Korean girl group NewJeans kicked off promotion for their upcoming album by releasing the music video for Bubble Gum on Saturday (April 27).
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Entertainment
‘Be a man’: Aliff Aziz’s friend urges actor to own up to issues surrounding wife and alleged girlfriends
'If things can't be resolved with Bella, divorce,' says Nick Mikhail Razak.
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Driverless vehicle
Elon Musk’s China trip pays off with key self-driving hurdles cleared
Elon Musk’s lightning visit to China appears to have paid immediate dividends, with Tesla Inc clearing two key hurdles to introduce its driver-assistance system to the world’s biggest auto market.
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Energy
Oil prices fall 1% on Israel-Hamas ceasefire talks, US inflation concerns
BEIJING/NEW DELHI: Oil prices were down 1% on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon.
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AI
Microsoft CEO to meet Indonesian president during regional tour
Microsoft Corp chief executive officer Satya Nadella is scheduled to meet Indonesian President Joko Widodo on April 30, becoming the latest US corporate chieftain to tour South-East Asia as the region embarks on a tech investment spree.
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Nation
Food Security Ministry wants border controls tightened ahead of Hari Raya Haji
KLANG: The Agriculture and Food Security Ministry has asked government departments and agencies related to border control to intensify enforcement and control at the country's entry points, to deal with the entry of cheap goats and cattle with questionable health status, ahead of the Hari Raya Haji celebration.
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China
China makes it easier for its people to travel overseas
BEIJING: China's National Immigration Administration (NIA) on Sunday (April 28) announced a host of policies to facilitate residents' overseas trips.
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Corporate News
SC partners IsDB to advance Islamic capital market, social finance
RIYADH: The Securities Commission Malaysia (SC) today signed a Memorandum of Understanding (MoU) with the Islamic Development Bank (IsDB) Group, paving the way for greater cooperation in Islamic capital market (ICM) and broadening the reach of Islamic fintech and social finance, particularly waqf.
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Books
Three women's intriguing ties to Java's sugar tycoon, Oei Tiong Ham
In a new book, author Daryl Yeap shines a light into the fascinating lives of three women and their ties to Java’s Sugar King, Oei Tiong Ham
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World
Thai court adds jail time for rights lawyer who urged monarchy reform
BANGKOK (Reuters) - A Thai court sentenced a prominent jailed activist lawyer on Monday to a further two years in prison for royal insults relating to a speech he made at a 2021 protest, his lawyer said.
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South Korea
S. Korea's president talks to opposition about cooperation after his party was routed in election
SEOUL: South Korean President Yoon Suk-yeol was talking with liberal opposition leader Lee Jae-myung on Monday (April 29) about how to revive bipartisan cooperation, after Yoon’s conservative party recently suffered a massive defeat in parliamentary elections.
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Philippines
Philippines seen growing faster in 2024, but will not hit govt target
MANILA: The Philippine economy is projected to grow faster this year, but will not hit the government’s target as the El Nino climate phenomenon hurts food supply and threatens to fan stubbornly high inflation, Union Bank of the Philippines said.
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Thailand
Former ambassador Maris tipped as new Thai foreign minister
BANGKOK: Former ambassador Maris Sangiampongsa, known for his close ties with ex-prime minister Thaksin Shinawatra, has been tipped to succeed Parnpree Bahiddha-Nukara as foreign minister.
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Economy
China's economy on stable, positive trajectory
SUPPORTED by coordinated macroeconomic policies, China's economy achieved a strong start in the first quarter of 2024, demonstrating a stable and positive trajectory.