Arkib Harian: February 13, 2024

Stocks steady, dollar up; investors brace for CPI

Stocks steady dollar up investors brace for CPI

NEW YORK: Global stock indexes were little changed on Monday while the U.S. dollar inched higher ahead of Tuesday’s U.S. consumer price index report, which could provide clues on when the Federal Reserve is likely to begin cutting interest rates. In cryptocurrencies, bitcoin hit the $50,000 level for the first …

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Tawau gold mining op raises questions on state, federal legal boundaries, says lawyer

Tawau gold mining op raises questions on state federal legal

KOTA KINABALU: Sabah is walking a thin line by invoking the state’s mining law to legalise a controversial gold mining operation in east coast Tawau district, says a senior lawyer. Former Sabah Law Society president Datuk Roger Chin said mining and minerals come under federal jurisdiction while the state retains …

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Exclusive-Peter Thiel’s Founders Fund made $200 million crypto investment before bull run

Exclusive Peter Thiels Founders Fund made 200 million crypto investment before

(Reuters) – Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is investing once again in bitcoin and ether, sources said, signaling Silicon Valley’s renewed interest in cryptocurrency markets. From late summer to early fall last year, the fund invested $200 million to acquire crypto tokens, half in …

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Less than four months left for voluntary disclosure, LHDN reminds taxpayers

Less than four months left for voluntary disclosure LHDN reminds

PUTRAJAYA: Taxpayers nationwide have been reminded to use the ongoing Special Voluntary Disclosure Programme (SVDP) 2.0 to improve their tax compliance status. The Inland Revenue Board (LHDN) said they have less than four months to do so as SVDP 2.0 will end on May 31. It said that as of …

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Biden on TikTok: ‘Lol’ or national security worry?

Biden on TikTok ‘Lol or national security worry

WASHINGTON: US President Joe Biden’s debut on TikTok has caused a stir – not least because the Chinese-owned social media platform is still officially considered a security risk by Washington. The video posted during the Super Bowl on Sunday was part of an effort by the 81-year-old’s reelection campaign to …

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ANZ Bank now expects RBNZ to hike rates further

ANZ Bank now expects RBNZ to hike rates further

WELLINGTON: New Zealand’s central bank will resume hiking interest rates later this month because inflation is not yet under control, ANZ Bank economists say. The kiwi dollar jumped.The Reserve Bank of New Zealand (RBNZ) will raise the official cash rate (OCR) by a quarter percentage point to 5.75% in late …

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Why are deepfakes everywhere? Can they be stopped?

Why are deepfakes everywhere Can they be stopped

The world is awash in deepfakes – video, audio or pictures in which people appear to do or say things they didn’t, or be somewhere they weren’t. Most deepfakes are explicit videos and images concocted by mapping the face of a celebrity onto the body of someone else. Some are …

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Golf: Golf-Woods partners with TaylorMade to launch Sun Day Red apparel brand

Golf Golf Woods partners with TaylorMade to launch Sun Day Red

(Reuters) – Tiger Woods will be sporting a new look when he makes his 2024 season debut this week after he announced on Monday that he has teamed up with TaylorMade to launch a new apparel and footwear brand named Sun Day Red. Woods, a 15-times major winner who last …

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Set up integrated enforcement system to address illegal immigrant issue, say experts

Set up integrated enforcement system to address illegal immigrant issue

KUALA LUMPUR: Despite the numerous raids conducted by the authorities against illegal immigrants, their numbers do not seem to be diminishing in the eyes of the general public. In fact, some of these undocumented foreigners can be seen boldly defying the nation’s laws and their audacious exploits have been documented …

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Trading ideas: Chin Hin, MNRB, Zecon, Tuju Setia, Reneuco, EVD, LGMS and YTL REIT

Trading ideas Chin Hin MNRB Zecon Tuju Setia Reneuco EVD

KUALA LUMPUR: Companies making recent announcements include Chin Hin, MNRB, Zecon, Tuju Setia, Reneuco, EVD, LGMS and YTL REIT, said Apex Securities Research. Chin Hin Group Bhd made its second issuance of perpetual medium-term notes (MTN) of RM10 million, under its RM500 million perpetual MTN programme. MNRB Holdings Bhd has …

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