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TECH

Microsoft to offer governments local version of Azure cloud service

Microsoft Corp on Monday said it will soon make it possible for government clients to run its cloud technology on their own servers as part of a concerted effort to make Azure more appealing to local and federal agencies.

Markets

KLCI rebounds early Tuesday as Press Metal climbs

KUALA LUMPUR: Key Asian markets including Bursa Malaysia staged a rebound early Tuesday, tracking the firmer overnight close on Wall Street as worries about a trade war eased.

Business

Press Metal regains some lost footing

KUALA LUMPUR: Press Metal Aluminium Holdings Bhd regained some lost footing in early trade Tuesday after issuing a statement that the company was unperturbed by US tariff.

Forex

Ringgit supported by renewed interest, rising oil prices

KUALA LUMPUR: The ringgit opened higher against the US dollar today on renewed buying interest in the local note, as news on proposed US tariffs on aluminium and steel continued to linger over the market, said a dealer.

World

Founder of former Tower Records empire dead at 92

NEW YORK: Russ Solomon, the founder of Tower Records who brought a cool factor to music retail until it was devastated by the internet revolution, has died, his son said. He was 92.

TECH

As US rolls out ultrafast Internet, tensions rise over public right of way

Cities across the United States are warning of what they say is an illegal assault on the public’s right of way, facilitated by state and federal authorities on behalf of major telecommunications companies.

Business

Public Mutual launches PB Islamic Dynamic Allocation Fund

KUALA LUMPUR: Public Mutual has launched a new fund – PB Islamic Dynamic Allocation Fund – which enables investors to ride through the market turbulence with a dynamic portfolio of global Shariah-compliant stocks.

Markets

KLCI rebounds as resistance mounts over planned US steel tariffs

KUALA LUMPUR: The local market rebounded along with other regional markets as the US faced mounting pressure from political allies to pull back from proposed steel and aluminium tariffs.

Economy

Two-thirds of Gen Z in Malaysia want to start own business

KUALA LUMPUR: About two-thirds of the Generation Z in Malaysia want to start their own business after they have gained sufficient work experience and capital in the job market, according to a study by the Asian Institute of Finance (AIF).

Business

US security panel deals major blow to Broadcom's bid for Qualcomm

NEW YORK: The US government has ordered a national security review of Singapore-based Broadcom Ltd's $117 billion bid for Qualcomm Inc, in an unusual move that prompted Qualcomm to delay its March 6 shareholder meeting.