KUALA LUMPUR: Blue chips finished higher for the third straight session on Monday, aided by gains in Public Bank Bhd, CIMB Group Holdings Bhd and YTL Power International Bhd. At 5pm, the FBM KLCI advanced 7.80 points, or 0.49% to 1,597.39, its highest since April 2022. It hit an intraday …
Baca Lagi »Arkib Harian: May 6, 2024
Lamborghini bros no more: Crypto is creating a new wealth effect
It’s an oft-told anecdote littering social media: Those who invested early in cryptocurrencies have enjoyed life-changing wealth. How much that extra cash gives them confidence to spend more – a phenomenon economists call the wealth effect – is a hot topic whenever crypto prices are surging. A group of researchers …
Baca Lagi »Football: Soccer-Elated Sporting fans celebrate club winning Portuguese title
LISBON (Reuters) – Thousands of elated Sporting fans gathered in the capital Lisbon until the early hours of Monday to celebrate their club being crowned Portuguese league champions for the twentieth time in their history. Sporting clinched the Primeira Liga title on Sunday after Benfica lost 2-0 against lowly Famalicao, …
Baca Lagi »Trump to return to New York courtroom for criminal hush money trial
NEW YORK (Reuters) – Donald Trump returns to a New York courtroom on Monday, where he will be forced to sit silently while others testify about his efforts during the 2016 presidential election to cover up news of an alleged tryst with a porn star. Trump’s criminal hush money trial, …
Baca Lagi »12 survivors, three dead in Lahad Datu water surge incident, say cops
KOTA KINABALU: Three people drowned while 12 others cheated death in a water surge incident at the Mak Sina valley in Sabah’s east coast Lahad Datu. The three dead, two trekkers and a river trail guide, were part of a 15-member group that went on a river hiking excursion at …
Baca Lagi »GRS will stick with Pakatan, turns down Bersatu, Pejuang advances
KOTA KINABALU: The ruling Gabungan Rakyat Sabah (GRS) will stick with Sabah Pakatan Harapan as their partner and reject overtures by peninsula-based Bersatu and Pejuang to work with them in the next state election. GRS information chief Datuk Joniston Bangkuai said Sabahans were confident with the GRS-Pakatan partnership in governing …
Baca Lagi »Bursa Malaysia brings flagship investment fair to Sabah
KUALA LUMPUR: Bursa Malaysia Bhd will be hosting its flagship Bursa Marketplace Fair 2024 in Kota Kinabalu on May 11-12, 2024, marking the first event held in Sabah and Sarawak. The Marketplace Fair, which will be officiated by Sabah Chief Minister Datuk Seri Hajiji Noor, is part of Bursa Malaysia’s …
Baca Lagi »Charges preferred against Muhyiddin clear, unambiguous, says appeals court
PUTRAJAYA: The four abuse of power charges in connection with the Jana Wibawa project preferred against former prime minister Tan Sri Muhyiddin Yassin are clear and not ambiguous, says the Court of Appeal in its written rationale released last week. Justice Datuk Hadhariah Syed Ismail said the charges had listed …
Baca Lagi »Microsoft ties pay for top bosses to meeting cybersecurity goals
Microsoft Corp announced new anti-hacking initiatives, including basing a portion of senior leaders’ compensation on meeting cybersecurity milestones, following harsh criticism of the company for failing to contain several serious attacks. Microsoft said it’s also prioritising security over new feature development and adding cybersecurity chiefs to its product groups. Chief …
Baca Lagi »A real need for local giants
IN the global business world, government agencies, including regulators of industries, play a major role in laying the foundation for the creation of strong local companies. Many US banks would not be leading the world today if they had not been given some level of safeguarding from their government. The …
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