(Reuters) – A scorching rally in Nvidia’s shares this year came to a halt on Tuesday as investors worried if the high-flying chip designer’s quarterly results would justify its towering valuation. The stock fell 5.3% to $687.91. If losses hold, it could be the biggest percentage drop in more than …

A GAMING corporation’s “ang pow’er” gesture through its outreach programme has helped the needy in conjunction with Chinese New Year. Magnum Bhd’s charity arm, MagnumCares, returned to spread kindness during the Year of the Dragon in the 40th edition of its Welfare Homes Outreach Programme. In Klang Valley, 52 selected …

(Changes headline, no change to story) MANCHESTER, England (Reuters) – British billionaire Jim Ratcliffe’s acquisition of a 25% stake in Premier League club Manchester United has been completed. The $1.25 billion deal, in which the INEOS chairman will also invest $300 million into the club’s infrastructure and take charge of …

DESPITE the trappings of modern life, the country’s Chinese community has not forgotten its roots. This is especially evident during Chinese New Year when age-old traditions are observed across all social strata, which in turn ensures they will be passed on to the younger generation. That has long been the …

PETALING JAYA: Thong Guan Industries Bhd is favoured for its growth potential as a local plastic packaging manufacturer, as it is enjoying robust demand for its industrial bags. The bags will be driven by their extensive usage in the resilient food and beverage (F&B) and fast-moving consumer goods (FMCG) sectors. …

PETALING JAYA: Straits Energy Resources Bhd’s diversification into the telecommunications segment could turn out to be a significant growth driver for the group in the future, according to TA Research. Following a recent meeting with the company’s management, TA Research expects the earnings potential to be huge, evidenced by the …

DAYTONA BEACH, Fla. — Overlooked and underappreciated. That’s the perception that has driven newly crowned Daytona 500 champion William Byron to achievements beyond his imagination. Byron learned how to race on a computer, and when team owner Rick Hendrick promoted him to the NASCAR Cup Series as a 20-year-old in …

SINGAPORE: Plans to charge a levy on passengers departing Singapore so airlines here use greener jet fuel will not put the republic’s status as a global aviation hub at risk, says International Air Transport Association (IATA) chief Willie Walsh. That is because all major air hubs and airlines around the …

NAPLES, Italy (Reuters) – Barcelona will be playing for their fans and not to silence their critics when they face Napoli in the Champions League last-16 on Wednesday, coach Xavi Hernandez said ahead of his side’s return to the knockout stages after two years. Xavi said he is not feeling …

PETALING JAYA: Despite experiencing a trade surplus for the 45th consecutive month, Malaysia’s trade gain shrank for the fourth consecutive month in January 2024 to RM10.12bil, reaching its lowest point since May 2020. This shift can be attributed to the country’s total imports, which are growing at a faster rate …