KUALA LUMPUR: A Royal Commission of Inquiry (RCI) must be set up to find out the causes of the recent helicopter tragedy in Lumut, Perak and determine the remedial action needed to prevent a repeat, says Tan Sri Lee Lam Thye. The Alliance for a Safe Community chairman said the …

Artificial intelligence’s next target is the electric vehicle battery. Chemix, an AI-powered EV battery developer, has completed a US$20mil Series A funding round, led by Ibex Investors. The three-year-old startup will use the funding to scale its technology, which uses algorithms to design and optimise novel batteries for electric vehicle …

SINGAPORE: Oil prices steadied on Thursday after settling lower in the previous day, as signs of retreating fuel demand in the U.S., the world’s biggest oil user, contended with widening conflict risks in the key Middle East producing region. Brent crude futures inched up 18 cents, or 0.2%, to $88.20 …

KOTA KINABALU: The State Legislative Assembly approved the new Ocean Thermal Energy Conversion (OTEC) Enactment 2024 and Energy Commission of Sabah Enactment (Amendment No. 2) 2024 on Thursday (April 25). Chief Minister Datuk Seri Hajiji Noor said this will pave the way for the development of OTEC as a new …

Social media in China is mourning the death of a young woman from cancer, whose life ended abruptly two days after she turned 25, but her hope never faded. Liu Yi, 25, from southwestern China’s Sichuan province, passed away in April. Two days before her death, she posted a video …

CHINA’s central bank will likely increase the trading of government bonds as a liquidity management tool, yet such a move should not be misunderstood as quantitative easing, officials and experts said. It is appropriate for China to maintain the stability of monetary policy given the remaining scope of interest rate …

SKOPJE (Reuters) – North Macedonian presidential candidate Gordana Siljanovska-Davkova held a big lead over incumbent Stevo Pendarovski with votes counted from 99.03% of polling stations on Thursday, but both were short of the 50% backing needed to win outright. Siljanovska-Davkova of the rightist VMRO-DPMNE had 40.08% of votes while pro-European …

ISKANDAR PUTERI: Johor is looking at Shenzhen, China for inspiration on economic transformation, says Mentri Besar Datuk Onn Hafiz Ghazi. “My team and I were in Shenzhen in March and one of the things I learned there was about its growth and how it gets things done. “There is a …

FRANKFURT: Deutsche Bank posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at its investment banking division. The gains mean investment banking was able to reclaim its position as Deutsche’s biggest breadwinner from its giant retail division that had …

WASHINGTON: TikTok on April 24 said it will fight a new US law that orders the popular video sharing app to break away from its Chinese owners or face an outright ban in the United States. Here is what could happen next for one of the world’s most downloaded apps. …