CAIRO (Reuters) – Egypt is preparing to spend billions doubling the size of a lavish new capital it is building in the desert 45 km (28 miles) east of Cairo, where the first residents are trickling in, the head of the company overseeing the project said. The city is the …

KUALA LUMPUR: A whopping RM14.3bil was lost to commercial crimes from 2019 to 2023, involving 156,029 cases nationwide, says Bukit Aman. Bukit Aman’s Commercial Crime Investigation Department (CCID) director, Comm Datuk Seri Ramli Mohamed Yoosuf, said analysis showed that a 53.2% increase in cases was recorded in 2023 compared to …

KUALA LUMPUR: Bursa Malaysia continues its uptrend at the close today due to increased interest from retail and repositioning of portfolios by institutional and foreign investors, analysts said. At 5 pm today, the FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 1.01 per cent or 14.89 points to 1,477.26 from Wednesday’s …

New “refund only” policies introduced by Chinese ecommerce players including Alibaba Group Holding’s Taobao and JD.com have sparked concern among some sellers about potential abuse of the terms, according to merchants and analysts. Taobao and JD.com in late December introduced new policies that – in certain circumstances – allow shoppers …

Bruce Thornton and Jamison Battle combined for 46 points as Ohio State held off visiting Rutgers for a 76-72 win in Columbus on Wednesday for the Buckeyes’ fourth straight win. Thornton scored 24 and Battle had 22 points while Roddy Gayle Jr. added all 11 of his points, including two …

MELAKA: A 20-year-old man was killed while two others were injured when their motorcycles plunged into an under construction drainage site at Bukit Katil here after safety barriers placed by contractors were removed. Melaka Tengah OCPD Asst Comm Christopher Patit said the three motorcyclists were passing through the worksite of …

PUTRAJAYA: The Federal Court here on Thursday (Jan 4) upheld the death sentence imposed on a former security guard for the murder of his two co-workers whom he slashed with a parang when they were asleep seven years ago. A three-member bench comprising Court of Appeal president Abang Iskandar Abang …

SHAH ALAM: The Central Database Hub (Padu), which was launched on Tuesday (Jan 2), has received encouraging response from the people of Selangor with about 117,000 registrations recorded so far. State Statistics Department director Hartini Yaacob said that in addition to online registrations, the department had also opened Padu counters …

SYDNEY (Reuters) – Electric vehicle (EV) sales in Australia hit an all-time high in 2023, according to the country’s automotive association, however light vehicle sales remained dominated by emissions-intensive trucks and sports utility vehicles (SUVs). Battery-electric vehicles were 7.2% of all vehicles sold last year, more than double the 3.1% …

LONDON (Reuters) – Ben Ainslie is handing the helm of his SailGP F50 catamaran to double Olympic gold medallist and America’s Cup sailor Giles Scott, in what he said was the toughest call of his career. Ainslie, 46, said he will remain as CEO and majority owner of his British …