KUALA LUMPUR: Shares on Bursa Malaysia retreated at the close today on profit-taking after yesterday’s gains and as China’s property woes weighed on regional sentiment, with investors also cautious ahead of Malaysia’s third quarter results tomorrow. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 2.16 points to …

NEW YORK: Donald Trump’s Truth Social has reported a US$73mil (RM342.26mil) net loss since its February 2022 launch. The bleak financial report was documented in an SEC filing from Digital World Acquisition Corp, which is planning to merge with Trump’s social media venture. Truth Social was meant to compete with …

LAS VEGAS (Reuters) – The $2.3 billion Sphere gets a lot of attention in Las Vegas but Formula One drivers say they will ignore the giant glowing orb that is providing one of the spectacular backdrops for Saturday night’s race. Much of the hype for the race under the lights …

KUALA LUMPUR: Sunway Real Estate Investment Trust (REIT) experienced a surge in revenue from its hotel business as the occupancy rate recovered amid an uptick in domestic and international leisure business, and full room inventory at Sunway Resort Hotel since July 2023. The segment’s performance underpinned the overall performance of …

SINGAPORE: He knew his friend was feeling suicidal, but that did not stop him from filming her while she was changing clothes in her room. The victim, then 14, wanted to use the toilet to change but the accused insisted she do so in her room where he had set …

LAS VEGAS (Reuters) – Las Vegas is a 24-hour city but the Formula One drivers facing a schedule that will see them racing into the early morning hours said on Wednesday that they will need to find another gear at the Grand Prix. Friday’s qualifying will not begin until midnight …

KOTA KINABALU: Major native-based parties Parti Bersatu Sabah (PBS) and Sabah STAR are set to begin discussing strengthening cooperation and unity at the grassroots level. In a joint statement on Thursday (Nov 16), secretaries-general Datuk Julita Majungki (PBS) and Datuk Edward Linggu (Sabah STAR) said the discussions would be held …

PETALING JAYA: Automotive upholstery maker, Pecca Group Bhd, is open to forming partnerships with electric vehicle (EV)-related business entities. Chief executive officer Foo Ken Nee said the group is aggressively looking to diversify into the EV-related industry. “We are keen to get into businesses related to EV cars, EV chargers …

Companies that allow remote work have experienced revenue growth that’s four times faster than those that are more stringent about office attendance, a new survey shows, adding fuel to the debate over productivity and performance in today’s workplaces. The analysis of 554 public companies that employ a collective 26.7 million …

KUCHING: The Sarawak government has set a target for the Serian division’s gross domestic product (GDP) to reach RM1.4bil by 2030, mainly by leveraging on its tourism potential. Premier Tan Sri Abang Johari Tun Openg said the division’s GDP currently stood at RM600mil. “We have RM800mil to go, which will …