Arkib Harian: April 8, 2024

Asian currencies tepid as traders brace for central bank meetings

Asian currencies tepid as traders brace for central bank meetings

MOST Asian currencies were on the back foot on Monday, ahead of a week laden with central bank meetings, after a strong jobs report from the world’s largest economy weighed on hopes of an interest rate cut in June. The closely watched employment report late on Friday showed U.S. job …

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Johor Unduk Ngadau queen stripped of crown over ‘wild’ holiday video

Johor Unduk Ngadau queen stripped of crown over wild holiday

KOTA KINABALU: TikToker turned beauty queen Viru Nikah Terinsip has been stripped of her title after her “wild”’ holiday video received public backlash. The 24-year-old pageant winner, who won the Unduk Ngadau Johor title last year, has been stripped of her title by the Kadazandusun Cultural Association (KDCA) despite apologising …

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Unemployment rate remained at 3.3% in February, says Stats Dept

Unemployment rate remained at 33 in February says Stats Dept

PUTRAJAYA: Malaysia’s unemployment rate remained at 3.3% in February 2024, registering a lower number of unemployed individuals at 567,000 persons, according to the Labour Force statistics from the Statistics Department Malaysia (DOSM). Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said that the country’s labour force position remained stable in …

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China property developer Shimao faces liquidation petition from state-owned bank

China property developer Shimao faces liquidation petition from state owned bank

Chinese developer Shimao Group said on Monday China Construction Bank (Asia) had filed a liquidation petition against it in Hong Kong over unpaid debts, a rare case of a state-owned bank taking such legal action in the property downturn. The petition centres on Shimao’s failure to repay loans of HK$1.58 …

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Opinion: Facebook wrecked this news outlet’s account. It’s hard to trust social media

Opinion Facebook wrecked this news outlets account Its hard to

On Thursday morning, the staff of The Kansas Reflector got a jolt: Without warning or explanation, every link to their website was erased from their Facebook page. And it wasn’t only them – the same went for every other user who had shared their content. Just like that, one of …

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Woman among seven arrested over alleged involvement in loan shark syndicate

Woman among seven arrested over alleged involvement in loan shark

JOHOR BARU: Police have arrested seven individuals, including a woman, for being part of a loan shark syndicate that is believed to be based in a neighbouring country. Johor police chief Comm M. Kumar said that the group is in charge of making threats by throwing molotov cocktails or red …

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Mission complete: Cubans defy odds to release first video game abroad

Mission complete Cubans defy odds to release first video game

HAVANA: Cuba’s first independent video game launched internationally this week after its creators leveled up from an epic real-world quest: battling sanctions, wrestling with Internet connection demons, and forging through economic turmoil. Saviorless is a 2D game with hand-drawn illustrations that invites players into a dark fantasy world to unravel …

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Apex court sets May 14 to hear Apandi Ali’s bid for leave to appeal dismissal of defamation lawsuit

Apex court sets May 14 to hear Apandi Alis bid

PUTRAJAYA: The Federal Court has set May 14 to hear former attorney general (AG) Tan Sri Mohamad Apandi Ali’s application to obtain leave to pursue his appeal against the Court of Appeal’s decision to dismiss his RM10mil defamation lawsuit against DAP veteran Tan Sri Lim Kit Siang. His lawyer, M. …

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KTI Landmark receives approval to list on ACE Market

KTI Landmark receives approval to list on ACE Market

KUALA LUMPUR: Sabah-based integrated property developer KTI Landmark Bhd has received Bursa Malaysia Securities Bhd’s approval for its initial public offering (IPO) to list on the ACE Market of Bursa Securities. “The IPO will enable KTI Group to tap into the equity capital market for future fund raising and provide …

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Ongkili’s move to hand over PBS reins to Joachim sensible, says Pairin

Ongkilis move to hand over PBS reins to Joachim sensible

KOTA KINABALU: Parti Bersatu Sabah (PBS) president Datuk Seri Dr Maximus Ongkili’s decision to hand over the party leadership to his deputy Datuk Seri Joachim Gunsalam is a sensible move, says Tan Sri Joseph Pairin Kitingan. “As an ex-president of PBS, I believe a transition is good and sensible and …

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