Emerging Asian currencies were range-bound on Tuesday, while most equities in the region edged higher, as traders awaited inflation data from the U.S. for clues on the Federal Reserve’s monetary policy stance this year. The baht strengthened 0.5% against the U.S. dollar after a major sell-off on Monday following Thai …

LONDON: Public anger is mounting over what has been described as Britain’s biggest ever miscarriage of justice that saw hundreds of subpostmasters wrongly convicted of theft because of a computer software glitch. Lives were ruined by the false accusations that led to some Post Office branch managers being jailed, going …

LAS VEGAS: From self-driving baby carriages to ChatGPT in Volkswagen cars, artificial intelligence is expected to be center stage at the CES gadget extravaganza that formally opens Jan 9 in Las Vegas. The annual Consumer Electronics Show gathering boasts more than 3,500 exhibitors and is expecting some 130,000 visitors. Companies …

PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim has urged government-linked investment companies (GLICs) and government-linked companies (GLCs) to reduce their overseas investments and increase their domestic investments. Anwar, who is also the Finance Minister, said the government is, however, prepared to give flexibility to GLCs and GLICs to make investments …

KOTA KINABALU: Sabah is well on its way to a green technology revolution with the RM20bil green steel project at the Sipitang Oil and Gas Industrial Park (Sogip), said Datuk Seri Hajiji Noor. The Sabah Chief Minister said the state welcomed investments in products that harness renewable energy, improve waste …

KUALA LUMPUR: Affin Hwang Investment Bank Bhd expects Malaysia’s economy to grow by 4.5 per cent this year, against 4.0 per cent estimated for 2023, on the back of resilient domestic demand and improved economic fundamentals. Chief executive officer Nurjesmi Mohd Nashir said domestic demand, which cushioned the decline in …

(Reuters) – Will they, won’t they? U.S. regulators are keeping crypto players on the edge of their seats as they weigh whether to give their blessing to bitcoin exchange-traded funds (ETFs). Derivatives traders are already piling in, though, betting the Securities and Exchange Commission will give the green light to …

KUALA LUMPUR: The number of flood victims in Johor and Pahang recorded a slight increase to 8,462 people at 74 relief centres as of noon on Tuesday (Jan 9) compared to 8,366 people at 73 relief centres in the morning. According to the latest report on the disaster situation in …

ROME: A popular Italian influencer has been placed under investigation by prosecutors looking into the purportedly charitable sales of traditional Christmas cakes sold with her logo. Chiara Ferragni, who has 29.5 million followers on Instagram, was already fined €1mil (RM5.09mil) by Italy’s anti-trust authority last month. The agency said her …

KUALA LUMPUR: SBH Marine Holdings Bhd has received approval from Bursa Malaysia Securities Bhd for its listing on the ACE Market of Bursa Malaysia. The vertically integrated frozen seafood specialist will undertake an initial public offering (IPO) exercise entailing a public issue of 180 million new ordinary shares and an …