AMSTERDAM (Reuters) -ASML, the largest supplier of equipment to computer chip makers, is considering a major expansion in the Dutch city of Eindhoven, an important step toward resolving doubts about where it will grow its operations in the future. The company and the city of Eindhoven said on Monday they …

(Reuters) – International team captain Mike Weir on Monday announced Ernie Els, Trevor Immelman, Geoff Ogilvy and Camilo Villegas as his four assistants for this year’s Presidents Cup showdown against the United States in Montreal. The 2024 edition of the biennial competition, which pits a 12-man U.S. team against a …

KUALA LUMPUR: Malaysia is poised to become a powerhouse in clean and renewable energy in the Southeast Asian region, especially with the emergence of high-tech industries driving up the electricity demand, say industry players. Speaking at the KL20 Summit 2024 during a forum titled “The Future of Clean Energy,” OCI …

(Reuters) – Profit growth momentum of the so-called Big Six technology stocks could “collapse” over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies. Growth in earnings per share (EPS) of the “Big 6 TECH+” stocks – Apple, Amazon.com, Alphabet, Meta, …

PETALING JAYA: The High Court has ruled in favour of the Securities Commission Malaysia (SC) in an insider trading civil suit filed against Lim Kok Boon and Cheah Mean Har. In a statement, the SC said Lim was the chief executive officer and non-independent executive director of GW Plastics Holdings …

LONDON (Reuters) – Russians living in flood-hit areas have taken to social media to complain that local officials are doing too little to compensate them for lost property nearly three weeks after many fled their homes. Russia’s Urals region and northern Kazakhstan are suffering the worst flooding in living memory, …

KUALA LUMPUR: The ringgit gained some ground against the US dollar at the closing today following a decline in the US Dollar Index (DXY), said an analyst. At 6 pm, the ringgit improved to 4.7750/7785 against the greenback from last Friday’s closing of 4.7810/7855. Bank Muamalat Malaysia Bhd chief economist …

KUALA LUMPUR: The Securities Commission Malaysia (SC), in collaboration with the Computer Science Society of Universiti Sains Malaysia (USM), held the Varsity Hackathon (VHACK 2024) as a platform to cultivate the next generation of fintech talents. VHACK, held on April 20, 2024, is the inaugural event of the SC’s FIKRA …

MOSCOW (Reuters) – Russia said on Monday its forces had taken control of the village of Novomykhailivka 40 km (25 miles) southwest of the Ukrainian city of Donetsk, the second advance it has announced in two days. Reuters could not independently verify the Russian gain, reported by the defence ministry. …

KUALA TERENGGANU: A former Terengganu Islamic Religion and Malay Customs Council (Maidam) member and his wife pleaded not guilty in the Sessions Court here on Monday (April 22) to abuse of power and submitting false claims related to the distribution of zakat worth almost RM20,000, from 2019 to 2021. Datuk …