(Reuters) -German online takeaway food company Delivery Hero on Wednesday raised its full-year revenue outlook and said it eyed growth investments, after it swung to a profit in the first half of the year on accelerating demand. The Berlin-based company expects total segment revenue to grow around 15% this year, …

KUALA LUMPUR: Keretapi Tanah Melayu Bhd’s (KTMB) announcement of two additional electric train services (ETS) for the Padang Besar-KL Sentral-Padang Besar route, in conjunction with the state elections on Aug 12 and the upcoming 10-day school holidays, is expected to encourage higher voter turnout and reduce congestion on the highways. …

KLANG: Perikatan Nasional is going all out to woo the non-Malays, says Selangor PAS secretary Roslan Shahir. He added that the response Perikatan was getting from the non-Malays in Selangor currently was better than during the 15th General Election last year. “That is why we will have special programmes to …

WALL Street was set to open higher on Wednesday following a risk-off session triggered by a Moody’s downgrade of some banks, with investors looking ahead to a key inflation report this week after mostly dovish comments from Federal Reserve officials. The Consumer Price Index (CPI) for July, due on Thursday, …

KUALA LUMPUR: Businessman Tan Sri Halim Saad has sued Tun Dr Mahathir Mohamad and two others over losses he allegedly suffered during the government’s takeover of United Engineers Malaysia (UEM) Bhd and Renong Bhd in 2001. The 70-year-old tycoon filed the lawsuit at the High Court registry through Messrs Malik …

JELEBU: It was Perikatan Nasional that first fought for increased padi subsidies, claims Datuk Seri Hamzah Zainudin. The Perikatan secretary-general said the issue was first highlighted by Sungai Besar MP Datuk Muslimin Yahaya during the previous Parliament sitting. “We have to be thankful that the Prime Minister has announced this …

(Reuters) -Gaming platform Roblox missed estimates for second-quarter bookings on Wednesday as waning demand for its online games and intensifying competition hurt growth, sending its shares down 8% in trading before the bell. The videogame industry is struggling with a slowdown in spending as inflation-weary gamers become more selective in …

KUALA LUMPUR: Further clarity on the path of interest rates by major central banks is expected to provide support to the ringgit and emerging market currencies moving forward, according to the Financial Markets Committee (FMC). In its Aug 7 meeting summary report released today, the FMC said the ringgit has …

KOTA KINABALU: The state assembly has unanimously approved the establishment of a Sabah Special Trust Fund as a vehicle to place annual federal development funds that could be withdrawn if unused. State Finance Minister Datuk Seri Masidi Manjun said that the annual unused funds would be taken back if the …

PUTRAJAYA: Putrajaya has in principle agreed not to proceed with the construction of the new Tioman International Airport involving reclamation in Pulau Tioman, says Nik Nazmi Nik Ahmad. “The Cabinet meeting has, in principle, agreed not to proceed with the construction of the new Tioman International Airport involving 76% sea …