NewsMalay MailUmno leaders downplay Khairy’s prediction of voter swing to Perikatan
KUALA LUMPUR, June 1 — Umno leaders have poured cold water that the party will lose as much as 50 per cent of its sup...
NewsMalay MailWith eye on six state polls, Bersih urges EC not to delay opening for postal voting applications
KUALA LUMPUR, June 1 — Polls reform watchdog Bersih wants the Election Commission (EC) to expedite the registration proc...
BusinessAFP NewsPassage of US debt bill boosts equity markets, Fed now in view
Markets mostly rose Thursday after the US House passed a bill to avoid a painful default, as traders turn their attention to the Federal Reserve's next policy meeting and China's economy.Still, suggestions from some officials that they should take a breather from hiking at the next policy meeting provided investors with a little hope.
NewsAFP NewsIt is written: why France holds to analysing handwriting
Caroline de la Tournelle says her ability to decipher handwriting has influenced whether hundreds of people got jobs, helped police track death threats and even saved a child that was being abused. Twice his firm rejected an applicant when handwriting analysis by de la Tournelle supported suspicions that they would be difficult employees.
BusinessAFP NewsHong Kong launches retail-friendly rules for crypto exchanges
Hong Kong opened its arms to the virtual asset world on Thursday, launching new retail-friendly rules for the city's crypto exchanges.The regulatory regime launched Thursday means that after a one-year transition period, all crypto exchanges in Hong Kong must be licensed, and will be able to take on retail clients.
BusinessAFP NewsNintendo ends online sales of games in Russia
Nintendo has said it will no longer sell games in Russia through its online store as the Japanese giant winds down operations in the increasingly isolated country.Following the shipment suspension and "as a result of the economic outlook, Nintendo of Europe has decided to wind down operations of its Russian subsidiary", it said.
BusinessReutersNvidia CEO feels safe relying on Taiwan for chips
Nvidia Corp, a major supplier of chips and computing systems for artificial intelligence (AI), feels "perfectly safe" about relying so much on chip powerhouse Taiwan for manufacturing, its chief executive Jensen Huang said on Thursday. Some companies have expressed concerns about potential risks to business given heightened military threats by China against the democratic island of Taiwan, which Beijing claims as its own, to Taipei's strong objections. Chip manufacturer Taiwan Semiconductor Manufacturing Co Ltd (TSMC) makes chips designed by Nvidia and Huang said his company's next generation of products would also be made by TSMC, while adding Nvidia would continue to diversify.
NewsAFP NewsTurkish support in Germany for Erdogan fuels integration debate
Strong backing for President Recep Tayyip Erdogan among Turks in Germany in last weekend's historic election has sparked renewed soul-searching about whether Berlin's attempts to integrate the minority are failing.Despite the worries triggered by the weekend election results, some argue that the backing for Erdogan in Germany should not ring alarm bells.
NewsAFP NewsFamed Australian soldier loses war crimes defamation case
One of Australia's most decorated soldiers lost a landmark defamation case against major newspapers Thursday after a bruising trial that saw accusations of murder, domestic violence, witness intimidation and war crimes.The case became one of Australia's longest-running defamation trials, with 40 witnesses providing often harrowing evidence about the behaviour of Australia's special forces.
BusinessMalay MailReport: Hundreds of Malaysian jobs at risk as Panasonic moves to close local plants, including Johor and Melaka
KUALA LUMPUR, June 1 — Hundreds of Malaysians working for Panasonic could soon be jobless if the manufacturing giant Pan...
- BusinessReuters
Britain's water company Pennon posts 88% drop in annual profit
The company added that it had allocated 160 million pounds ($199 million) for investment in renewable energy generation. Water companies have been under the scrutiny of political and regulatory forces over the last year along with public anger over the condition of infrastructure and the dumping of raw sewage.
BusinessReutersCrypto exchange Gemini to soon operate in the UAE
Gemini, founded by cryptocurrency pioneers and identical twins Cameron and Tyler Winklevoss, is aiming for the "adoption of crypto globally across 20 countries." Its push in the UAE comes as the nation is trying to develop virtual asset regulation to attract new forms of business as economic competition heats up in the Gulf region. It did not say when they expect to start operating in the UAE.
BusinessReutersBootmaker Dr Martens flags hit to profit margins on higher investments
Dr Martens has also seen its costs mount due to problems at its Los Angeles distribution centre, which opened last year. "The operational issues experienced during FY23 have demonstrated that continuing to invest in our infrastructure and capabilities to support our increasing scale and underpin our long-term growth is the right thing to do," the company said in a statement, adding that it still expects price increases to cover supply chain cost inflation. Dr Martens expects full-year EBITDA margin to be 1-2 percentage points lower than the reported year.
NewsMalay MailSelangor choir leader raise funds in conjunction with birthday for past three years to help Perak NGO
IPOH, June 1 — Anytime is a good time to do a good deed for choir leader Cheryl Teh. After all, Teh is a firm believer...
NewsAFP NewsNo alternative to risky oil tanker salvage in Yemen, UN says
Transferring more than a million barrels of oil from an abandoned tanker anchored off the shore of Yemen comes with "palpable risks" -- but doing nothing could lead to a devastating oil spill, a senior UN official said Wednesday."The oil... could actually be sold so that that revenue could be used to help people in Yemen who are desperate, fighting for their survival."
- BusinessReuters
China AI startup MiniMax raising over $250 million from Tencent-backed entity, others - sources
Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than $250 million that will value it at about $1.2 billion, people familiar with the matter said. The deal comes amid a global AI buzz kicked off by ChatGPT that has spread to China, shoring up stocks in artificial intelligence firms and prompting a flurry of domestic companies, such as Alibaba, Huawei, and Baidu, to announce rival products. MiniMax's latest fundraising drew in new investors such as an entity linked to technology giant Tencent, two people said, on condition of anonymity as the information was not public.
NewsCoconuts KLMalaysian saved by Nepali sherpa and escapes the death zone while climbing Mount Everest
With climbing season open from March to May, Mount Everest has seen an influx of climbers hoping to make the summit. But not everyone makes it to the top. A Nepali guide, Gelje Sherpa, executed a ‘very rare’ high-altitude rescue on Mount Everest, saving a Malaysian climber from danger while guiding another client up the…
NewsMalay MailAzmin: Perikatan’s seat distribution for six states finalised
KUALA LUMPUR, June 1 — The Perikatan Nasional (PN) coalition has completed its seat distribution for the six state elect...
NewsAFP NewsElon Musk's jet leaves Shanghai as tycoon wraps up China visit: flight tracker
A jet belonging to Tesla CEO Elon Musk departed Shanghai on Thursday, Chinese flight-tracking data showed, as the tycoon wraps up a visit to China that has seen him express hopes to expand business in the world's largest market for electric vehicles.The mercurial tycoon, one of the world's richest men, is wrapping his first trip to China in more than three years.
NewsAFP NewsN. Korea will 'correctly' put spy satellite into orbit soon, Kim's sister says
North Korean leader Kim Jong Un's powerful sister said Thursday that Pyongyang would "correctly" place a spy satellite into orbit soon, a day after their first attempt crashed."It is certain that the DPRK's military reconnaissance satellite will be correctly put on space orbit in the near future and start its mission," she said Thursday, referring to North Korea by its official name.
LifestyleMalay Mail‘Polis Evo 3’ gets limited edition action figures, collaboration between local hobbyists and disabled community (VIDEO)
KUALA LUMPUR, May 30 — Inspector Khai and Inspector Sani from Malaysian buddy cop movie Polis Evo 3 have been immorta...
NewsAFP News'Unfortunate' that Chinese counterpart declined talks: Austin
Beijing's decision to decline a meeting between US and Chinese defence chiefs is "unfortunate", particularly given recent "provocative" Chinese behaviour, US Defense Secretary Lloyd Austin said Thursday.In Tokyo on a brief trip before his arrival in Singapore, Austin called that decision "unfortunate."
BusinessMalay MailRobert Kuok still Malaysia’s richest man on 2023 Forbes list as nearly half see their fortunes shrink
KUALA LUMPUR, June 1 — Nearly half of Malaysia’s 50 richest people had decreased even though collectively, the country’s...
NewsMalay MailPerikatan sec-gen says Penang ‘used to belong’ after PAS leader insists Kedah owns island state
KUALA LUMPUR, June 1 — Opposition Leader Datuk Seri Hamzah Zainudin from Bersatu has distanced his party and the Perikat...
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