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World

North Korea cancels joint performance with South Korea, blames South media - Seoul

SEOUL (Reuters) - North Korea has cancelled a joint cultural performance with South Korea scheduled for Feb. 4 blaming South Korean media for encouraging "insulting" public sentiment regarding the North, South Korea's unification ministry said on Monday.

Business

Nestle, Public Bank, F&N at fresh record highs again

KUALA LUMPUR: Nestle, Public Bank and Fraser & Neave Holdings are among the stocks which are at record highs again in late Monday afternoon trade.

Business

What the world’s central banks are saying about cryptocurrencies

HONG KONG: Nine years since the birth of Bitcoin, central banks around the world are increasingly recognizing the potential upsides -- and downsides -- of digital currencies.

Markets

Seoul may delay widening capital gains tax net for foreign investors

SEOUL: South Korea’s finance minister said on Monday that the government may delay the implementation of a proposed widening of its capital gains tax base for foreign investors, which was due to take effect from July.

Business

Banks lead KLCI up nearly 10pt mid Monday morming

KUALA LUMPUR: Sustained fund buying of bank stocks following the increase in lending rates saw the FBM KLCI climb more than 10 points in late Monday morning trade, riding on the firmer Asian markets.

Metro News

‘Think twice before taking up a job in South Korea’

SIBU: A former construction worker in South Korea warns fellow Malaysians to think twice before going there to work.

AseanPlus News

Japan hopes for better relationship with China

BEIJING: Japanese Foreign Minister Taro Kono expressed hopes for improved relations with China during talks here that have also touched on joint efforts to counter North Korea’s nuclear programme.

AseanPlus News

‘Faulty wiring may be to blame’

SEOUL: Defective wiring is suspected to have caused the deadly South Korean hospital fire that killed dozens and injured more than 150, police said, as public anger swelled over the country’s worst fire disaster in a decade.

Tennis

20 majors down, Federer thrilled as fairytale continues

MELBOURNE (Reuters) - Roger Federer savoured the latest chapter of a late-career fairytale that delivered a sixth Australian Open crown on Sunday and a very "special" 20th grand slam title.

Nation

Illegal workers in South Korea: Fake job ads lure Malaysians in search of better wages

SEOUL: Twenty-five-year-old Malaysian Rina (not her real name), had imagined a life similar to what she saw on Korean dramas when she responded to an advertisement about jobs in South Korea.