NEW DELHI: Oil futures reversed course after rising briefly on Monday amid persistent pressure from the OPEC+ decision and uncertainty over global fuel demand growth, although the risk of supply disruptions from the Middle East conflict limited the losses. Brent crude futures were down 0.9%, or 73 cents, to $78.15 …

KOTA KINABALU: It was both a proud and an emotional day for the family of the late Datuk Irene Benggon Charuruks after AirAsia unveiled a special livery in tribute to the woman dubbed as the iron lady of Sabah tourism. The airline’s founder, Tan Sri Tony Fernandes had in a …

DUBAI (Reuters) – Money pledges are grabbing the spotlight at COP28 in Dubai, and more were expected on Monday as delegates turned their focus to the yawning gap in how much climate finance is needed and what’s on tap. Monday was expected to see announcements on trade policy, carbon markets …

LONDON: Hailed as a world first, European Union artificial intelligence rules are facing a make-or-break moment as negotiators try to hammer out the final details this week – talks complicated by the sudden rise of generative AI that produces human-like work. First suggested in 2019, the EU’s AI Act was …

(Reuters) – South Africa have rested batter Temba Bavuma for their home white-ball series against India this month after a poor Cricket World Cup, but he will captain the team in the two-test series which starts on Dec. 26. Bavuma was, by his own admission, not 100% fit as South …

KUALA LUMPUR: The Communications and Digital Minister hinted that there may be some good news for civil servants next year, most likely involving a salary increase. Fahmi Fadzil, who is the Unity Government’s spokesperson, said it would also involve pensioners and would be announced by either the Prime Minister or …

KUALA LUMPUR: Regional currencies including the ringgit are expected to do better against the US dollar in the coming year, backed by news and indicators that the US Federal Fund Rate is possibly close to a peak. Bank Negara Malaysia (BNM) deputy governor Adnan Zaylani Mohamad Zahid said Malaysia’s fundamentals …

KUALA LUMPUR: A former executive with Petronas Carigali Sdn Bhd (PCSB) was sentenced to one day in prison and fined RM123,000 by the Sessions Court here Monday (Dec 4) on two charges of receiving bribes of more than RM21,000 in connection with maintenance works for the company. Judge Rozina Ayob …

A woman in China was shocked to receive a 430,000 yuan (RM280,462 or US$60,000) bill at a restaurant after accidentally posting the QR code for ordering food online, which others used to place food orders. The woman, surnamed Wang, said she only wanted to post photos of the dishes from …

MELBOURNE (Reuters) – Australia batsman Usman Khawaja has mounted a spirited defence of David Warner after former team mate Mitchell Johnson questioned his place in the test squad and said he had not taken full responsibility for the 2018 ball-tampering scandal. Warner, named in a 14-man squad for the series-opener …