Arkib Harian: November 8, 2023

S&P 500, Nasdaq score longest win streak in 2 years on rates view

SP 500 Nasdaq score longest win streak in 2 years

NEW York: US stocks rose on Tuesday, with the S&P 500 and Nasdaq notching their longest streak of gains in two years, as a retreat in US Treasury yields buoyed megacap growth stocks while investors sought more clarity on interest rates from the Federal Reserve. The benchmark 10-year Treasury note …

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Rural school lights the way

Rural school lights the way

KOTA KINABALU: A rural school in Sabah has won the judges’ hearts in an innovation competition with its solar lamp that could help thousands of people living in interior areas. Five students from SMK Pamol, a school located in Sapi Nangoh, about 250km from here, came up with the idea …

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Fashion with eye towards sustainability

Fashion with eye towards sustainability

Company promotes recycling agenda with competition TEN fashion designers had a chance to play their part in creating awareness about waste management and sustainability. They showcased unique creations at the “Waste is Amazing 2023” fashion competition by Alam Flora Sdn Bhd which was held to mark the company’s 10th anniversary. …

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Pentamaster’s growing medical segment to continue revenue rise

Pentamasters growing medical segment to continue revenue rise

PETALING JAYA: Analysts expect Pentamaster Corp Bhd to experience a slowdown in its automotive segment due to competition from electric vehicles (EVs) that is likely to have an impact on the group moving forward. CGS-CIMB Research said Pentamaster’s growing medical segment is expected to help cushion any near-term moderation in …

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‘Green light’ to go after VVIPs

Green light to go after VVIPs

PUTRAJAYA: There is no need for graft busters to get “blessings from the top” to probe ministers and top civil servants suspected of graft as the Prime Minister has already given the green light, says Tan Sri Azam Baki. “The Prime Minister said there is no need to wait for …

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Football: Soccer-Milan come from behind to beat PSG 2-1 and earn first Group F win

Football Soccer Milan come from behind to beat PSG 2 1 and

MILAN, Italy (Reuters) -AC Milan striker Olivier Giroud’s powerful header early in the second half secured a 2-1 Champions League Group F home victory over Paris St Germain in a pulsating match on Tuesday for the first win in this season’s competition by the Italian side. Former Inter Milan defender …

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Columbia Asia to buy Ramsay Sime Darby Health Care

Columbia Asia to buy Ramsay Sime Darby Health Care

SINGAPORE: Columbia Asia, a South-East Asian healthcare firm backed by TPG, has emerged as the frontrunner to buy Malaysia-based private hospitals operator Ramsay Sime Darby Health Care for US$1.5bil, according to sources. The acquisition will be the largest South-East Asian healthcare acquisition since 2019 when Malaysian conglomerate Hong Leong Group …

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Meta bars political ads using generative AI tools

Meta bars political ads using generative AI tools

NEW YORK: Facebook owner Meta is barring political campaigns and advertisers in other regulated industries from using its new generative artificial intelligence (AI) advertising products, a company spokesperson says, denying access to tools that lawmakers have warned could turbo-charge the spread of election misinformation. Meta publicly disclosed the decision in …

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F&N serves up bumper dividend

FN serves up bumper dividend

PETALING JAYA: With a bumper dividend to commemorate its 140th anniversary, Fraser & Neave Holdings Bhd (F&N) has announced its strongest quarterly dividend in 12 years as its net profit surged by almost 40%. The food and beverage (F&B) player declared a dividend of 50 sen per share in the …

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Football: Soccer-Dortmund beat Newcastle 2-0 to take control of Group F

Football Soccer Dortmund beat Newcastle 2 0 to take control of Group

DORTMUND, Germany (Reuters) – A dominant Borussia Dortmund scored once in each half to beat Newcastle United 2-0 in the Champions League on Tuesday and provisionally take over the lead in Group F with two games remaining. Germany forward Niclas Fuellkrug drilled in from close range in the 26th minute …

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