KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC Ratings) has revised its rating outlook on the sukuk programmes of Guan Chong Bhd (AA-IS) and JB Cocoa Sdn Bhd (A+IS), to negative from stable. “The rating action is driven by the prevailing abnormal price environment for cocoa beans, having risen steeply from …

LONDON (Reuters) – U.S. firm Ascend Elements and Poland’s Elemental Strategic Metals have formed a joint venture to recycle electric vehicle batteries, with their first Polish plant already open and another plant planned in Germany, they said on Tuesday. The companies did not disclose their planned investments via the joint …

UNDISCLOSED LOCATION, Ukraine (Reuters) – When a Russian attack plunged a Ukrainian thermal power plant into darkness on March 29, 51-year-old Ihor did not have time to think. He grabbed a flashlight and made his way through the dust-filled control room to save remains of the system as the walls …

KUALA LUMPUR: The government has been urged to set up a special task force to promptly deal with religious issues to prevent it from escalating, says Datuk Seri Dr Wee Jeck Seng. The MCA vice-president said the National Unity Ministry, Prime Minister’s Department (Religious Affairs), Home Ministry, Communications Ministry, Digital …

US federal officials are searching for more potential victims of a Texas man who recently pled guilty to cyberstalking women for almost three years in Colorado, Texas and Arizona. Hugo Iram Cardona Jr, 21, used a scheme involving two-factor authentication – an electronic authentication method – to hack into the …

The Seattle area is in the thick of the race for artificial intelligence dominance. The most recent evidence comes from Amazon, which intends to invest more than US$150bil (RM713bil) over the next 15 years on data centres around the world. Data centres contain computer systems and corresponding components, but they …

MOST Asian currencies were muted on Tuesday as traders exercised caution ahead of this week’s U.S. inflation data and a flurry of regional central bank meetings. The crucial U.S. CPI data, scheduled for release on Wednesday, will take centre-stage for global markets as the timeline for U.S. rate cuts has …

PUTRAJAYA: The Court of Appeal has ruled that a five-star hotel in Kuala Lumpur is liable for the death of a Chinese national at its swimming pool seven years ago. A three-member panel of judges comprising Justices Datuk Supang Lian, Datuk Azimah Omar and Datuk Wong Kian Kheong allowed an …

LONDON: A second British lawmaker has acknowledged receiving explicit messages on his phone in what police are investigating as a malicious phishing attempt against politicians, their staff and journalists. Conservative legislator Luke Evans said he had been a victim of “cyber flashing and malicious communications” a month ago, when an …

CHINA will step up efforts to encourage its new energy vehicle companies to accelerate their overseas development, said an official at the Ministry of Industry and Information Technology, warning that the restrictive measures imposed by a “certain country and region” on Chinese electric vehicles will only undermine the interests of …