KUALA LUMPUR: Boustead Plantations Bhd (BPlant) aims to costs, boost productivity through mechanisation, and replant less productive oil palm stands to counter potential risks in the palm oil market. “To cushion the potential downside in the palm oil market, the group will continue to focus on cost rationalisation and will …

Tesla Inc’s trial over a 2019 fatal crash blamed on Autopilot will include a claim against the company for punitive damages, a Florida judge ruled, citing evidence that shows chief executive officer Elon Musk and staff engineers knew its driver-assistance system was defective. The judge found the deceased driver’s widow …

KUALA LUMPUR: A special allocation of RM5 million for National Journalists Day (Hawana) under Budget 2024 is seen as the government’s appreciation of all media practitioners in the country, said a member of Parliament. Syahredzan Johan (PH-Bangi) said he hoped the allocation for Hawana is not only for celebration but …

SINGAPORE: Asian stocks backed away from 2-1/2-month highs on Wednesday and the dollar found support as investors’ tempered some of their earlier enthusiasm about the prospect of an end to U.S. interest rate hikes. MSCI’s broadest index of Asia-Pacific shares outside Japan was off 0.54%, retreating a bit having gained …

KUALA LUMPUR: It was the Perikatan Nasional administration under Tan Sri Muhyiddin Yassin that moved the Community Communications Department (J-Kom) to the Prime Minister’s Department, says Teo Nie Ching. “The decision to move it from the (then) Communications and Multimedia Ministry was made during the Cabinet meeting on May 19, …

SAN FRANCISCO: After 25 years of keeping the Internet strong and stable, the nonprofit Icann – responsible for its technical infrastructure – is warning that increasingly polarised geopolitics could start cracking the foundations of the online world. “It’s super important to differentiate between what countries decide to do with controlling …

ISLAMABAD (Reuters) – Pakistan’s Supreme Court accepted on Wednesday a bail application from detained former Prime Minister Imran Khan, his lawyer said, a day after another court declared illegal his trial on charges of leaking state secrets. The former cricket star is fighting various legal battles in the hope of …

GEORGE TOWN: The issue of Rohingya refugees entering Penang or other states is a national problem and needs to be referred to the Home Affairs Ministry, Chow Kon Yeow tells Penang state assembly. The Penang Chief Minister said the state government is aware of business activities carried out by the …

KUALA LUMPUR: Hibiscus Petroleum Bhd recorded a higher net profit of RM154.29 million in the first quarter ended Sept 30, 2023 for the financial year ending June 30, 2024 (1Q FY2024), from RM135.26 million in the corresponding quarter of FY2023. In a filing with Bursa Malaysia today, the oil and …

(Reuters) – Ukrainian officials said on Tuesday that Russia’s military appeared to be sending fewer troops and less equipment into the battle for the shattered eastern town of Avdiivka, seen as a gateway to the capital city of Donetsk region. Ukrainian military spokesperson Oleksandr Shtupun said there were fewer ground …