KEPALA BATAS: More than 80% of the 590,000 affected consumers in Penang will get their water supply tomorrow, says Penang Water Supply Corporation (PBAPP) chief executive officer K. Pathmanathan. He said that under Stage Two of the water supply recovery plan, PBAPP is targeting to normalise water supply for 495,065 …

NEW YORK: US stocks closed little-changed on Thursday as news of hotter-than-expected inflation and signs of labour market strength dampened hopes for early interest rate cuts by the Federal Reserve this year, but a fall in Treasury yields kept declines in check. In a choppy session, equities opened higher and …

With many factories closed in Bayan Lepas, stall operators decide to close shop during four-day scheduled water cut THE first day of the statewide water supply disruption went without any major hitches in Penang. Taps turned dry as early as 5am during the 96-hour scheduled water cut that started on …

(Reuters) – U.S. investors injected $170.6 billion into startups in 2023, a decrease of nearly 30% from the $242.2 billion recorded in 2022, as the venture capital funding market continues to grapple with valuation resets amid rising interest rates, according to PitchBook data released on Thursday. The latest data, from …

PETALING JAYA: The outlook for the plantation sector remains mixed, with conflicting expectations in the direction of crude palm oil (CPO) prices. While some analysts see CPO prices potentially trending higher this year, especially in the first half due to tightening supply, others expect the prices to remain sluggish on …

PETALING JAYA: Warisan TC Holdings Bhd (WTCH) has entered into a distribution and service agreement with GAC AION New Energy Automobile Company Ltd (GAC AION) of China to be the sole and exclusive distributor of electric vehicles (EVs) in Malaysia. The deal sees WTCH’s wholly owned subsidiary, WTC Automotif (M) …

PETALING JAYA: Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) aims to approve RM4bil in financing in 2024, with RM2.5bil aimed at propelling growth for more than 1,000 local small and medium enterprises (SMEs). Chief executive officer Datuk Aria Putera Ismail said the bank approved a total of RM2.7bil …

MOSCOW (Reuters) – A politician bidding to run against Vladimir Putin in Russia’s upcoming presidential election described the decision to go to war in Ukraine as a “big mistake” in comments to the wives of soldiers on Thursday. Boris Nadezhdin, representing a centre-right party called Civic Initiative that has no …

(Reuters) – Dorival Junior was unveiled on Thursday as the head coach of the Brazil men’s national team and he vowed to turn around the side’s fortunes after a run of poor results in the South American qualifiers for the 2026 World Cup. Former Sao Paulo coach signed a contract …

COPENHAGEN (Reuters) – Denmark’s soon-to-be king and queen have sought to balance their royal jobs with a modern family life and an engagement in progressive causes, helping keep the monarchy relevant and popular in the Nordic country. Crown Prince Frederik, 55, will take the throne on Sunday, following his mother …