Latest
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Badminton
Malaysia to meet Japan in quarter-finals
PETALING JAYA: Malaysia will face Japan in the quarter-finals of the Thomas Cup Finals.
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Corporate News
Luxury cruise operator Viking Holdings IPO raises US$1.54bil
Viking Holdings Ltd priced its initial public offering (IPO) near the top of a marketed range to raise US$1.54bil for the luxury cruise operator and two investors, according to people familiar with the matter.
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Corporate News
AMD slides on muted forecast for AI processors
Advanced Micro Devices Inc (AMD) shares declined as much as 9.1% in extended trading after the chipmaker gave a disappointing forecast for artificial intelligence (AI) processors, a lucrative market now dominated by Nvidia Corp.
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Focus
Five-star houses for picky but precious guests
WITH no windows, the gloomy, grey building looming four storeys above the rice fields in a remote village in Indonesian Borneo resembles nothing more than a prison.
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Corporate News
Canadian bank takes US$450mil hit in money-laundering probe
Toronto-Dominion Bank has taken an initial provision of US$450mil in connection with US investigations into its anti-money laundering practices, and says it expects additional penalties to follow.
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Nation
No love from Chan for fan’s megaphone stunt
HONG Kong singer Eason Chan was caught rolling his eyes in frustration after an overly enthusiastic fan kept yelling at him through a megaphone smuggled into the concert venue, Sin Chew Daily reported.
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Focus
Florence artisans fear for their future
GOLDSMITH Tommaso Pestelli was evicted from his historic Florence workshop to make way for a luxury hotel, the umpteenth victim of a mass tourism critics say is ravaging the Italian city.
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Corporate News
Taliworks to prioritise infrastructure investment
Taliworks Corp Bhd, which posted a revenue growth of 11% for the financial year ended Dec 31, 2023 (FY23), amid the current global uncertainties, will prioritise investment in infrastructure and utility businesses.
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Nation
‘Golden’ opportunity for Penang
GEORGE TOWN: This is the “Golden Week” in China – a time for Chinese nationals to take a much-needed break, its beginning coinciding with International Workers’ Day.
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Corporate News
Super Micro turnover fails to excite
Super Micro Computer Inc has reported quarterly sales that tripled from the same period last year but fell slightly short of estimates, disappointing investors who had sky-high expectations for the server maker’s business to benefit from artificial intelligence-related demand.
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Focus
Helping to keep Ukraine’s drones in the sky
IN an anonymous warehouse in southern England, engineers at Evolve Dynamics are working on technology that could help keep Ukraine’s reconnaissance drones in the sky even after Russia tries to jam them electronically.
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Nation
Pakatan relying on success stories to retain KKB
HULU SELANGOR: A factory in Hulu Selangor that makes components for electric vehicles is one of the success stories that Pakatan Harapan will point to in its bid to convince voters of Kuala Kubu Baharu (KKB) that the coalition has delivered.
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Sabah & Sarawak
Unions: Hurry up with labour amendments in Sabah, Sarawak
Kota Kinabalu: The Labour Law Reform Coalition (LLRC) and Sabah MTUC (Malaysian Trades Union Congress) has called on the federal and state governments to amend the Sabah and Sarawak labour ordinances to be on par with the amendments under the Employment Act enjoyed by workers in Peninsular Malaysia since Jan 1, 2023.
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Corporate News
Pinterest revenue surges on popularity of shopping
Pinterest Inc reported first-quarter sales and user growth that surpassed Wall Street’s expectations, bolstered by a push into shopping and a focus on Gen-Z users. Shares soared more than 20% in extended trading.
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Thailand
Maris endorsed as foreign minister
RETIRED diplomat Maris Sangiampongsa has been endorsed as the country’s new foreign minister by the king, the official Royal Gazette said yesterday.
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South Korea
Preliminary talks held on participation in Aukus tech pact
THE defence minister says his country is actively discussing participation in a landmark defence technology pact between Australia, the United Kingdom and the United States.
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Corporate News
Starbucks posts first sales dip since 2020
Starbucks Corp sales fell for the first time since 2020 as half-off deals and new lavender lattes weren’t enough to entice increasingly budget-conscious consumers.
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Construction
Bullish outlook for construction sector on job flows
The construction sector is expected to see a pick-up in job flows in the second half of this year (2H24), driven by infrastructure projects like the Penang light rail transit (LRT) and Mass Rapid Transit 3 (MRT3) in the Klang Valley.
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Metro News
High homes end flood woes
Every time the day turned cloudy or it rained heavily, Zainumar Abu Bakar worried about floods.
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Living
Starchild: Why Malaysian children want a greener tomorrow
Here are the drawings by Starchild readers on the topic, Earth Day.