KUALA LUMPUR: DXN Holdings Bhd will leverage on its extensive global network and diverse health and wellness product range for continued revenue growth, according to non-independent executive chairman and founder Datuk Lim Siow Jin. “The establishment of new production facilities in China, India and Dubai during the year have put …

BENGALURU (Reuters) -India’s Tech Mahindra posted a 60.6% drop in third-quarter net profit on Wednesday, missing estimates as clients continued to hold back spending in communications and banking verticals.The fifth-largest Indian IT services company’s net profit fell to 5.10 billion rupees ($61.36 million) for the three months ended Dec. 31, …

HYDERABAD, India (Reuters) – India have not lost a test series at home since 2012-13 but captain Rohit Sharma does not want him team mates to start believing they are unbeatable in their own conditions. Since Alastair Cook led a touring England to a 2-1 series victory more than a …

KUALA LUMPUR: The ringgit eased against the US dollar at the close of trading today in line with regional currencies amid uncertainty over a US interest rate cut. At 6 pm, the ringgit slipped to 4.7280/7350 against the greenback compared to Tuesday’s closing of 4.7265/7290. Bank Muamalat Malaysia Bhd chief …

KUALA LUMPUR: The press covering Datuk Seri Najib Razak’s 1Malaysia Development Bhd (1MDB) trial was the subject of a complaint by the former prime minister’s defence team for its “lopsided reporting” on the corruption case. Najib’s lead counsel Tan Sri Muhammad Shafee Abdullah aired his grievances at the High Court …

(Reuters) – Netflix soared 10% on Wednesday as its blowout subscriber growth cemented investor confidence the firm has won the streaming wars with its password-sharing crackdown and a strong content slate. The streaming pioneer was set to increase its market value by about $20 billion, if premarket gains hold, based …

DOHA (Reuters) – Saudi Arabia coach Roberto Mancini has come under criticism for his team selection at the Asian Cup but the Italian coach said on Wednesday that his policy is to pick young players so they can gain experience as he tried to build a team. Saudi Arabia scraped …

DUBAI (Reuters) – Iran’s hardline Guardian Council has banned former pragmatist President Hassan Rouhani from standing again in an election in March for the Assembly of Experts, which appoints and can dismiss the supreme leader, state media said on Wednesday. The 88-member assembly, founded in 1982, supervises the most powerful …

PETALING JAYA: Pavilion Real Estate Investment Trust (REIT), whose property operating expense surged 41% in 2023, seeks to optimise efficiency via continuous cost management this year. With a total asset value of RM9bil in hand, Pavilion REIT however said it will spend “as required” to ensure the needs, comfort and …

IPOH: Eleven people, including two Filipinos, were rounded up for suspicion of being active members of an unauthorised crypto investment scheme. Bukit Aman Commercial Crime Investigation Department director Comm Datuk Seri Ramli Mohamed Yoosuf said the arrests were made during a raid at a seminar held by the suspects at …