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Markets

KLCI edges lower, Tenaga weighs

KUALA LUMPUR: Bursa Malaysia fell in early Thursday trade, mirroring the cautious key Asian markets, as investors worried about the new spread of the flu-like virus in China.

Style

Style legend Jean-Paul Gaultier takes his last bow after 50 years as a designer

Jean-Paul Gaultier, a provocateur who changed pop history by putting Madonna in a conical bra and who invented – and loved sporting – the "man skirt", said he was hanging up his scissors after 50 years in the business.

Stock on the Move

Quick take: Icon jumps 57% in heavy trading

KUALA LUMPUR: Shares of Icon Offshore Bhd surged over 57% amid active trading on Thursday.

Nation

50 flights delayed, 9 diverted from Changi Airport after fire suppression system triggers control tower evacuation

SINGAPORE (Bernama): Flight operations at Singapore's Changi Airport were disrupted at 12.10am Thursday (Jan 23) due to an evacuation of the Changi Control Tower.

Nation

McDonald’s Malaysia spreads goodwill and good cheer for senior folks

IN celebrating the upcoming festivities of Chinese New Year, McDonald’s Malaysia continues its tradition of embracing the True Meaning of Prosperity for the fourth year, with restaurant crew members visiting more than 60 old folks’ homes across the nation ahead of Chinese New Year 2020.

Banking

Grab, Razer, AirAsia exploring bids for Malaysia digital bank licence

SINGAPORE/KUALA LUMPUR: Ride-hailing group Grab, gaming firm Razer, AirAsia, telecoms firm Axiata and lender CIMB are among companies looking to apply for digital banking licences in Malaysia, sources told Reuters.

Movie Review

'Dolittle': Like a blast of dragon flatulence in your face

'Dolittle' is like a blast of dragon flatulence in your face – it's embarrassing, it stinks, and it is destined to dissipate into the air without a trace, never to be brought up again.

Analyst Reports

Affin Hwang maintains 'Hold' on Digi, cuts TP to RM4.25

KUALA LUMPUR: Digi.Com Bhd recorded lacklustre 4Q results for its 2019 financial year with a 3.7% quarter-on-quarter (q-o-q) decline in net profit, says Affin Hwang Capital research.

Analyst Reports

OPR cut negative for banks, CGS-CIMB Research says

KUALA LUMPUR: The cut in the Overnight Policy Rate (OPR) by 25 basis points to 2.75% would be negative for banks’ net interest margins and net profit, CGS-CIMB Equities Research says.

World

Indian man arrested for allegedly kissing toddler twice on lips, cites ‘cultural difference’ as defence

SYDNEY, Australia (ANN): A 28-year-old Indian national is now behind bars after he allegedly forcefully kissed a toddler on the lips inside a public aquarium in Sydney, Australia.

Politics

How social media services handle political ads

Online platforms including Facebook and Alphabet Inc's Google face growing pressure to stop carrying political ads that contain false or misleading claims ahead of the US presidential election.

World

16 people monitored for contact with U.S. coronavirus victim

(Reuters) - At least 16 people had close contact with a Washington state man diagnosed as the first U.S. case of the coronavirus and are being monitored for the illness that has killed 17 people in China and sickened hundreds more, local officials said.

Analyst Reports

Trading ideas: Rimbunan Sawit, WTK, Leader Steel, LBS, TSR Capital, CMMT

KUALA LUMPUR: Stocks to watch on Thursday include Rimbunan Sawit Bhd, WTK Holdings Bhd, Leader Steel Holdings Bhd, LBS Bina Group Bhd, TSR Capital Bhd and CapitaLand Malaysia Mall Trust (CMMT), according to JF Apex Research.

Nation

Man dies in accident on way home to Sibu

SIBU: Two teenagers walked 500m to the nearest longhouse to seek help after the motorcycle they were riding pillion was involved in an accident in Bintangor Wednesday (Jan 22) night which killed their father.

Analyst Reports

CGS-CIMB Research: 25bp cut in BLR to impact KLCI earnings

KUALA LUMPUR: CGS-CIMB Equities Research estimates the 25bp cut in base lending rate (BLR) could lower its 2020 KLCI earnings estimates by 1.5% and its end-2020 FBM KLCI target of 1,636 by 25 points.

World

Russian hackers targeted Ukrainian company at centre of impeachment storm: cybersecurity firm

WASHINGTON (Reuters) - Russian military hackers tried to steal emails from the Ukrainian energy firm where Hunter Biden, the son of Democratic U.S. presidential contender Joe Biden, had a seat on the board, an American cybersecurity firm said on Monday.

Nation

Cops warn public to beware of man impersonating TNB contractor

KUALA LUMPUR (Bernama): Police are searching for a local man who disguised himself as a Tenaga Nasional Berhad (TNB) contractor to "inspect” premises before stealing valuables and cash.

World

At Florida base, a mix of relief, anxiety in Saudi shooting aftermath

NAVAL AIR STATION PENSACOLA, Fla. (Reuters) - With an FBI investigation underway, Navy security officer David Link still is not allowed to talk about what he saw when a Saudi gunman killed three U.S. sailors at this sprawling Florida naval base last month.

Nation

Wuhan virus: Wuhan under quarantine, says M'sian Health Ministry

KUALA LUMPUR (Bernama): China has imposed a quarantine on Wuhan in the wake of the coronavirus outbreak there, the Health Ministry said on its official Twitter feed Thursday (Jan 23).

Nation

Perak Bersatu Youth chief hits out at DAP Youth leaders over statement on PM transition

IPOH: Perak Parti Pribumi Bersatu Malaysia (Bersatu) Youth chief Mohd Hafez Mubin Mohd Salleh slams eight DAP Youth leaders who criticised Syed Saddiq Syed Abdul Rahman over the power transition issue between Prime Minister Tun Dr Mahathir Mohamad and Datuk Seri Anwar Ibrahim.