TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, on Monday reiterated that it expected an on-year drop in first quarter revenue coming off a high base. The first quarter is traditionally quieter than the previous one, the season when Taiwan’s tech companies race …
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VISAKHAPATNAM, India (Reuters) – England captain Ben Stokes said he is proud of his inexperienced spinners, who gave a good account of themselves even in their defeat in the second test against India on Monday. Spin plays a crucial role in India and it was no different in the first …
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KUALA LUMPUR: The Securities Commission Malaysia (SC) has widened sophisticated investor categories in a move to increase capital market accessibility. The new “Guidelines on Categories of Sophisticated Investors”, which takes effect today, reinforces the SC’s commitment to maintain capital market competitiveness and vibrancy while promoting greater investor participation. SC chairman …
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KUALA LUMPUR: Twenty-three insolvent subsidiaries of agencies under the Rural and Regional Development Ministry are being closed down as there is no justification to keep them going, says Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi. He said this was necessary even though the ministry’s subsidiary companies recorded an overall …
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In response to the inordinate amount of time young Americans spend online, a bipartisan group of lawmakers is pushing to curb students’ access to social media sites while at school. The goal of keeping students off TikTok during the school day is undoubtedly worthwhile, but policymakers would be better off …
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KUALA LUMPUR: Pakatan Harapan leaders have been told to reprimand their members for making “antagonistic” comments on the Pardons Board’s decision regarding former prime minister Datuk Seri Najib Razak. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said Pakatan leaders should also urge them to apologise to his party, …
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Malaysia’s ringgit and South Korean won led losses among Asian currencies on Monday while regional bond yields rose, as investors adjusted their expectations for the Federal Reserve’s policy easing after strong U.S. jobs data last week. The ringgit fell as much as 1% to a three-month low. The won and …
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Assistant Tourism, Culture and Environment Minister Datuk Joniston Bangkuai presenting a souvenir gift to AirAsia Group chief executive officer Bo Lingam during a meeting at the airlines headquarters in Sepang. KOTA KINABALU: A comprehensive master plan to promote direct links with AirAsia to Sabah is on the cards, says the …
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WASHINGTON: The 2024 White House race faces the prospect of a firehose of AI-enabled disinformation, with a robocall impersonating US President Joe Biden already stoking particular alarm about audio deepfakes. “What a bunch of malarkey,” said the phone message, digitally spoofing Biden’s voice and echoing one of his signature phrases. …
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JAKARTA: Indonesia’s annual economic growth fell slightly but remained solid at 5.05% last year, as falling commodity prices hit exports and tight monetary policy dampened demand. The 2023 gross domestic product (GDP) growth rate, released by Statistics Indonesia on Monday, was close to the government’s latest outlook of 5% and …
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