REYKJAVIK (Reuters) – A volcanic eruption in Iceland that had threatened to engulf a seaside town appeared to have calmed down early on Tuesday, although authorities and geologists warned that danger still persisted. A flow of red-hot lava on Sunday reached the outskirts of Grindavik, a fishing town of some …

KUALA LUMPUR: AGX Group Bhd, which is slated to be listed on the ACE Market of Bursa Malaysia on Feb 7, is expected to raise RM33.78mil from its initial public offering (IPO). In a statement, AGX said its IPO entails the public issue of 96.5 million new ordinary shares and …

KUALA LUMPUR: What will happen if the government is led by a corrupted criminal? – that’s the question posed by Tun Dr Mahathir Mohamad amid the current debate on having a law that enables a government to finish its full term. While he lauded the stability that would come with …

MOST Asian currencies and stocks fell on Tuesday, with the South Korean won leading the losses, pressured by a stronger U.S. dollar as investors continued to gauge the path of interest rates in the world’s largest economy. The MSCI emerging markets currency index fell more than 0.3% to trade near …

LONDON (Reuters) – Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses and consumers across its European and African markets. The British company will invest $1.5 billion in customer-focused AI developed with Microsoft’s Azure OpenAI and …

MELBOURNE (Reuters) – Stefanos Tsitsipas was left yearning for the quiet decorum of Wimbledon after playing doubles with his brother Petros on the Australian Open’s new “party court” on Tuesday. Echoing the party holes that have become popular at some golf events, Court Six at Melbourne Park now has a …

TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida’s cabinet decided on Tuesday to double the planned amount of emergency budget reserves for fiscal 2024/25 to help recovery from the deadly Noto peninsula quakes, government officials said on Tuesday. The magnitude 7.6 earthquake devastated the Noto peninsula, northwest from Tokyo, on …

KUALA LUMPUR: The property market in the country will continue to strive and see more positive outcome in 2024 given many ongoing initiatives that are set for the year amid challenges mainly on the external front. Malaysian Institute of Estate Agents (MIEA) president Tan Kian Aun said Malaysia has not …

Back in October, Boeing Co chief executive officer Dave Calhoun sought to rally employees reeling from a manufacturing setback, this time involving wrongly drilled holes in a crucial aircraft section – yet another blow to a company that once enjoyed a sterling reputation for building awesome flying machines. “I have …

Apple supplier Goertek said on Monday it would invest up to US$280mil (RM1.31bil) to establish a wholly-owned subsidiary in Vietnam to meet demands for “business expansion and long-term operation” in the South-East Asian nation, according to a corporate filing. Goertek’s Vietnamese entity, which will manufacture consumer electronics products from AirPods …