KUALA LUMPUR: Eco World International Bhd has proposed to undertake a RM500mil reduction in its issued share capital, which will facilitate the group’s dividend distribution target of up to RM504mil in 2024 and 2025. Upon successful completion of the proposed capital reduction, the property developer said it intends to declare …

(Reuters) – Lyft said on Tuesday the company will guarantee weekly earnings for drivers, a first in the U.S. ride-hailing industry dominated by larger rival Uber Technologies, in a move to lure more drivers to its platform. The ride-hailing market has largely been a duopoly between Lyft and Uber in …

KUALA LUMPUR: A total of 6,559 officers and personnel will be deployed nationwide for Ops Selamat over the Chinese New Year period from Feb 8 to 13. “We will take enforcement action on traffic infringements and give the best services to society. “We will also conduct crime prevention activities during …

KUALA LUMPUR: A syndicate that offers online payment facilities for illegal gambling syndicates has been busted with the arrests of 10 individuals, including a Datuk Seri. Among those detained were technicians, programmers and administrative personnel. The syndicate, which has been in operation since mid-2022, allowed gambling syndicates to provide online …

KUALA LUMPUR: Malaysia’s benchmark stock index recovered from a volatile session to end on a slightly positive note as investors weighed developments in the global economy. At 5pm, the FBM KLCI was up 1.64 points to 1,512.98 with the number of gainers on the market piping decliners 514 to 452, …

LONDON (Reuters) -King Charles’ cancer was caught early and the whole country is hoping he can make a full recovery, British Prime Minister Rishi Sunak said on Tuesday, as messages of support for the 75-year-old monarch poured in from world leaders. Buckingham Palace revealed on Monday that Charles, on the …

LONDON: The UK and more than 35 other nations have signed a new international agreement to take action against “hackers-for-hire” and commercial markets for tools used to carry out targeted cyber attacks. Deputy Prime Minister Oliver Dowden will lead a two-day conference alongside France that will see countries and businesses …

ZURICH: UBS said on Tuesday it had completed the first phase of integrating fallen rival Credit Suisse, was benefiting from net new asset flows and plans to restart share buybacks in the second half of the year, with up to $1 billion slated for 2024. The Swiss bank also said …

KOTA KINABALU: A grassroots leader of Gabungan Rakyat Sabah (GRS) has called on all groups within the seven-party ruling state coalition to avoid internal bickering and work as a team to focus on the people’s well-being. GRS Women’s Coordinator for Lahad Datu Zone Datuk Mizma Appehdullah said that each of …

ISKENDERUN, Turkey (Reuters) – Tugba Akyuz and her family rushed to check on her brother, Mustafa Batuhan Gulec, on the morning a year ago when a massive earthquake struck southern Turkey, only to find the ruins of his apartment’s collapsed five-storey building. A year later – on the anniversary of …