Japan

Japanese military training plane crashes with two on board

TOKYO: A Japanese military training plane crashed near a lake shortly after takeoff with two people on board, authorities said on Wednesday (May 14).

Sabah & Sarawak

Sabah to boost income with Sales Tax law update, says state AG

KOTA KINABALU: Amendments to the Sabah State Sales Tax Enactment 1998 are expected to strengthen the implementation and collection of the state's sales tax.

Sabah & Sarawak

Lasimbang to defend Kapayan seat amid aide’s defection

KOTA KINABALU: Sabah DAP vice-chairman Jannie Lasimbang is set to defend her Kapayan seat after grassroots leader Cyril Liew quit the party to contest as an independent in the upcoming state elections.

Corporate News

MN Holdings wins RM37.9mil waste-to-energy project

KUALA LUMPUR: MN Holdings Bhd's wholly owned subsidiary, Mutu Nusantara Sdn Bhd, has secured a RM37.9mil contract from a customer providing civil engineering and electrical works.

Badminton

Pearly-Thinaah make smashing start at Thailand Open

PETALING JAYA: Women's doubles pair Pearly Tan-M. Thinaah let their racquets do the talking as they put aside the uncertainty over their contract situation to cruise into the second round of the Thailand Open.

Technology

AI infrastructure firm TensorWave raises $100 million in latest funding

(Reuters) -TensorWave, a Las Vegas-based startup, announced on Wednesday that it has secured $100 million in the latest funding round, as it aims to capitalize on the rapidly expanding AI infrastructure market.

World

As a young priest in Peru, Pope Leo XIV survived a bomb threat and charmed locals

CHULUCANAS, Peru (Reuters) - Hector Camacho remembers Robert Prevost, set to be formally inaugurated as Pope Leo XIV on Sunday, as a young jeans-wearing missionary from Chicago with broken Spanish, landing in Peru at a time when the country was being torn apart by internal conflict.

Sabah & Sarawak

Sarawak eyes renewable power from upgraded water plant

SARIKEI: Sarawak is looking to harness its natural water resources to generate electricity for local communities, using the newly upgraded Bayong Water Treatment Plant as a pilot site.

China

Hong Kong tycoon Joseph Lau selling HK$35mil wine collection

HONG KONG: Hong Kong billionaire Joseph Lau is selling another wine collection with an estimated value exceeding HK$35 million ($5.8 million) in an auction by Christie's next week.

Sabah & Sarawak

Eleven plead not guilty in Sandakan fake loan scheme case in Sabah

SANDAKAN: Eleven individuals, comprising four men and seven women, pleaded not guilty in the Sandakan Magistrate's Court on Wednesday to charges connected to an alleged fake loan scheme.

Forex

Ringgit ends firmer against greenback as US inflation, treasury yields ease

KUALA LUMPUR: The ringgit closed firmer against the American dollar on Wednesday, supported by improved risk sentiment following a lower-than-expected US inflation reading and easing US Treasury yields.

Beauty

How beauty brands are transforming the skincare experience with facial cabins

Beauty brands are redefining skincare by blending expert treatments, self-care rituals and accessible experiences – like in-store facial cabins – into their offerings.

Nation

FRU crash: Sarjan S. Perumal laid to rest

IPOH: The remains of Sarjan S. Perumal, 44, one of the nine Federal Reserve Unit (FRU) personnel who perished in a fatal crash on Tuesday (May 13), were laid to rest at the Buntong Crematorium here at 5.45pm on Wednesday (May 14).

Nation

Wife mourns loss of Lans Korporal involved in FRU crash

IPOH: The late Lans Korporal Damarrulan Abdul Latif was always there for his wife and stepdaughters whenever he was needed.

Nation

Man killed, another badly hurt in Muar accident

MUAR: A local man was killed and another suffered severe injuries following an accident involving two motorcycles.

World

Time to suffocate Russia's economy after 17th EU sanctions package, France says

BRUSSELS/PARIS (Reuters) - The European Union must focus on a new sanctions package to suffocate Russia's economy and force President Vladimir Putin to end the war in Ukraine, France's foreign minister said on Wednesday.

Corporate News

VSTECS optimistic after 24% 1Q25 profit growth

KUALA LUMPUR: VSTECS Bhd, which saw its net profit rise 24% in the first quarter ended March 31 (1Q25), is optimistic about sustaining this growth trajectory through the second quarter and the rest of the year.

Technology

In Tesla’s wake, more big companies propose voting “Dexit" to depart Delaware

WILMINGTON, DEL. (Reuters) -In the coming weeks, investors in nine public companies worth at least $1 billion each will vote on proposals to ditch Delaware as their place of incorporation, potentially denting the state's longtime reputation as Corporate America's capital, Reuters has found.

Singapore

Jail for man who set up bank account in Singapore that received over S$338,000 in scam proceeds

SINGAPORE: In exchange for cash, a man became a "consultant" in a scheme by helping to set up a bank account that received over S$338,000 in proceeds from an investment scam.

Thailand

Thai DPM Pichai confident US will lower import tariff on Thai products to 10%

BANGKOK: Deputy Prime Minister and Finance Minister Pichai Chunhavajira expressed confidence on Wednesday (May 14) that the United States would reduce its import tariff on Thai products from 36% to 10%, citing the positive reception of Thailand's five key trade proposals.