Commodities

Oil rises US$3 on Yanbu disruption, Saudi cancellations

Oil prices settled US$3 higher on Tuesday after shipping industry sources said crude loadings at Saudi Arabia's Red Sea export hub of Yanbu had been suspended and Riyadh had cancelled some cargo deliveries to European customers, deepening concerns that disruptions to a critical oil-export route could persist for weeks.

Insight

Scepticism around green ride‑hailing

Ride-hailing apps help us manage almost every daily task, from commuting and dining to grocery shopping, all from our smartphones.

Corporate News

Frontken buys Taiwan assets for RM118.16mil

Frontken Corp Bhd has announced that it successfully bidded for a piece of industrial land, together with existing factory buildings erected thereon in Tainan, Taiwan, for RM118.16mil.

Property

China home price slump persists

China's residential prices have fallen in August, with used-home values dropping at a faster pace, the latest sign of a slump that have pushed policymakers to unveil fresh steps to support the market. 

Nation

Sept 16 holds double significance for Ammy and family

PETALING JAYA: For some Malaysians, Sept 16 carries double significance as it marks the formation of the Malaysian federation and also their own birthday.

Nation

Embracing Malaysia’s unique ‘salad bowl’ of diverse ingredients

PUTRAJAYA: When it comes to our diverse society, Malaysia is like a "salad bowl" – our strength does not come from making every ingredient identical, says National Unity Minister Datuk Aaron Ago Dagang.

Nation

Past meets present at Penang’s Citra Mutiara Festival

GEORGE TOWN: The bustling streets of historic Penang came alive as some 100 performers portrayed merchants and traders from around the world, offering a glimpse into a bygone era of multicultural harmony.

Nation

Penang can become Asean’s gold bazaar

BATU KAWAN: With a gold industry dating back about 200 years, Penang has the potential to become a gold bazaar for the Asean region, says Steven Sim (pic).

Nation

Federal Govt set on giving Sabah, S’wak more seats

KUCHING: The Federal Government is committed to expediting an increase in parliamentary seats for Sabah and Sarawak, says Datuk Seri Fahmi Fadzil.

Nation

Ministry pushes for early child screenings

GUA MUSANG: The Education Ministry is urging parents to enrol their children early in screening programmes designed to detect learning difficulties, including autism spectrum disorder and attention-deficit/hyperactivity disorder (ADHD).

Nation

Melaka gets RM128mil infrastructure boost

MELAKA: A total of 24 major projects worth RM128.25mil have been allocated to the state, with most expected to be completed by the end of this year, says Nga Kor Ming.

Nation

M’sia, Maldives expand partnership

MALE (Maldives): Malaysia and the Maldives are set to expand cooperation in maritime security and training, as well as halal, waqaf (endowment) and haj, following the exchange of two memoranda of understanding (MOUs) on defence and Islamic affairs.

Insight

Can American democracy really survive its debt tipping point?

As US borrowing costs rise, the country has reached a tipping point where it may have to issue new debt just to pay interest on existing obligations.

Nation

Drive to save languages

PUTRAJAYA: Che Wong and Kensiu are languages people may have never heard about. Like Mah Meri, they are Orang Asli languages – and they are in danger of dying out.

Economy

North Sea operators push for early tax reform

The United Kingdom could raise an additional £15bil in tax revenue from oil and gas production over the next decade if Prime Minister Andy Burnham's government brought forward its new fiscal regime to next year, according to an industry lobby group.

Markets

Fed extends pause on reserve management purchases to October

The Federal Reserve (Fed) says for the second straight month it won't buy treasury bills for reserve management purposes in the upcoming period, an indication that policymakers are comfortable with the level of bank reserves in the financial system.

Corporate News

Aon seeks to raise US$13.5bil from bond sale to fund USI deal

Aon Plc is seeking to raise about US$13.5bil from a high-grade bond offering to help fund its planned US$17bil acquisition of USI Insurance Services, marking one of the biggest mergers and acquisitions financing deals to come to market in 2026.

Sabah & Sarawak

Sabah artist returns to alma mater

SANDAKAN: Fifteen years after leaving SMK St Mary Sandakan, Xian Cai Siang returned to the all-boys school that helped shape him, eager to give back to future generations of students.

Technology

Trump’s AI defence defies voter unease heading into midterms

President Donald Trump's opposition to guardrails on artificial intelligence (AI) puts him at odds with a growing number of lawmakers from both parties, with AI safety fears adding to voters' misgivings about the technology heading into the midterm elections.

Business

EU draft proposes 6% fines for platforms

The European Union (EU) is considering potential fines of as much as 6% of a company's annual sales for online services that fail to prevent children from accessing their platforms, as part of the bloc's plans for a social media ban for kids under the age of 15.