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SINGAPORE: The High Court on Friday (Nov 3) rejected a bid by a Saudi Arabian diplomat, who is in jail for groping a hotel intern, to be released for the time being, pending a hearing next January before the Court of Appeal.
NEW YORK: American International Group Inc posted a bigger-than-expected quarterly loss on Thursday as the insurer booked huge catastrophe losses, and said it had set aside $836 million to meet losses related to prior-year accident claims.
TOKYO: Takahiro Shiraishi, the Japanese man who has reportedly confessed to murdering and hacking up nine young people in his Tokyo bathroom, was said to be a quiet schoolboy who would grow up to work on the fringes of the sex industry and become a suspected serial killer.
PETALING JAYA: Tan Sri Mokhzani Mahathir, who spotted the trend of investing in the oil and gas (O&G) industry some 15 years ago, is completely exiting the sector as sentiment in crude oil prices picks up. In the latest development, he is looking to sell his entire 10.1% stake or 605 million shares in Sapura Energy Bhd via a private placement.
As Facebook, Twitter and Google endured intense questioning on Capitol Hill on Nov 1, Apple CEO Tim Cook decided to jump into the fray to call out the tech giants himself.
WASHINGTON: President Donald Trump on Thursday tapped Fed Governor Jerome Powell to become head of the U.S. central bank, breaking with precedent by denying Janet Yellen a second term but signaling a continuation of her cautious monetary policies.
NEW YORK: World stock markets edged higher on Thursday, with Wall Street up slightly and the U.S. dollar modestly weaker after details of a Republican tax plan were released and the nomination of Jerome Powell as the new head of the Federal Reserve.
Ye Yongxiang, a sixth-generation tai chi master, says the internet is a great way to promote Chinese art to the world
Chipmaker Qualcomm Inc and private equity firm JMC Capital Partners are looking to sell their stakes in a joint venture that operates more than 1,300 free WiFi kiosks fashioned from old phone booths around New York City.