New York: For years, small investment banks have been pulling out of the business of underwriting US municipal bonds, leaving the job of raising money for US state and local governments dominated by Wall Street’s giants. Now, there’s concerns that the big banks may start dropping away, too. Citigroup Inc’s …

KUALA LUMPUR: National news agencies BK and Xinhua have kicked off Malaysia and China’s 50th anniversary of diplomatic relations with an upgrade in media cooperation. BK chairman Datuk Seri Wong Chun Wai said it was a good early start to next year’s celebrations. “Today’s renewal of the agreement between BK …

KUALA LUMPUR: APB Bhd has proposed to diversify into the semiconductor manufacturing and distribution business by acquiring 70 million shares representing a 10.41% stake in Globetronics Technology Bhd for RM140mil. The share sale deal was inked with General Produce Agency Sdn Bhd and Ng Kweng Chong Holdings Sdn Bhd, to …

A little boy in China was rescued by a passing stranger after he was left upset, distressed, and lying on a busy road while his parents argued. The incident, which happened when the husband forcefully dragged his wife out of his car on a main road as their toddler son …

(Reuters) – Aston Villa manager Unai Emery and his Brentford counterpart Thomas Frank were unhappy with the behaviour of their players after both sides had a man sent off in a chaotic Premier League match on Sunday. Villa came from behind to secure a 2-1 victory at Brentford’s Community Stadium, …

PUTRAJAYA: Victims of the Oct 12 landslide in Sungai Ruil, Cameron Highlands, which involved 17 Orang Asli families, will be placed in several government and statutory body quarters nearby by early next month. The Department of Orang Asli Development (Jakoa) said in a statement on Monday (Dec 18) that it …

KUALA LUMPUR: Improving catalysts and global optimism are expected to keep Bursa Malaysia on positive territory this week, a dealer says. Rakuten Trade equity research vice-president Thong Pak Leng said from a technical perspective, the week that was had seen the benchmark index close higher than its opening levels each …

Social media sites such as YouTube, TikTok, Snapchat and Instagram remain extremely popular with teenagers. Around nine in ten teenagers use YouTube, making it the most widely used platform among young people, according to a new US survey. According to the “Teens, Social Media and Technology 2023” report from the …

SOME 157 heads of households at Desa Mukmin in Gombak, Selangor received ex-gratia payments and moving costs as they will have to relocate to make way for the construction of the East Coast Rail Link (ECRL). Selangor housing and culture committee chairman Borhan Aman Shah said Malaysia Rail Link Sdn …

Widely disruptive, large-scale hacks are surging. After a lull in 2022, ransomware attacks on high-value targets such as big companies, banks, hospitals or government agencies, have seen a “massive uptick” this year, rising 51% through late November, according to cybersecurity firm Crowdstrike Holdings Inc. Last year, such attacks declined from …