Latest
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Markets
July exports up 15.7% exceeding expectations
SINGAPORE: Singapore’s key exports saw an unexpectedly big jump in July, reversing a five-month slide as both electronics and non-electronics shipments grew strongly.
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Markets
Alibaba’s China stock link may provide timely boost for investors
SHANGHAI: Chinese investors finally being able to buy shares of Alibaba Group Holding Ltd may provide a much-needed boost for the eCommerce firm’s stock, with an inflow of up to about US$20bil into next year.
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Sabah & Sarawak
Bidding farewell to ‘orang utan diplomacy’
KOTA KINABALU: The government has shelved its proposed “orang utan diplomacy” plan and will instead focus on conserving the endangered species, says Datuk Seri Johari Abdul Ghani.
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Economy
Asia’s utility stocks have never had it so good
SHANGHAI: Utilities stocks have emerged as an unlikely favourite of investors in Asia, and bets are growing that their standout rally this year has further to go.
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Corporate News
Ericsson reaches US$1bil deal to sell US company to Koch unit
STOCKHOLM: Swedish telecom-equipment maker Ericsson AB reached a US$1bil deal to sell its US call-routing business Iconectiv to a private investment arm of Koch Industries Inc.
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Food News
Plum flavours for National Day
A range of indulgent options from exquisite soups and succulent roast duck to fresh seafood are among a la carte dishes that are fit for a celebration.
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Corporate News
Spending power key for Wall Street
NEW YORK: Strong results from the largest retailer and a robust monthly sales report went a long way toward easing worries about the health of the American consumer.
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Nation
Borrowed motorcycle leads to stabbing
KAJANG: A misunderstanding led to a man being stabbed by his friend at an apartment in Semenyih.
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Nation
Scammer gets scammed
A MALAYSIAN man was arrested in Taiwan on his first day of work as a money mule for a scam syndicate, reported Sin Chew Daily.
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Nation
IGP pledges action in VIP bodyguard assault case
KUALA LUMPUR: The disciplinary action taken against the police personnel suspected of assaulting a disabled ehailing driver was related to undeclared assets, Tan Sri Razarudin Husain has clarified.
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Nation
A different kind of Hindu temple to be built
THERE will be a groundbreaking ceremony in Kerling, Selangor, today for the first of its kind Saivite Hindu institute and temple.
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Nation
‘They’re warming up to us’
KUALA LUMPUR: Barisan Nasional’s victory in the Nenggiri state by-election on Saturday proves that the people of Kelantan are beginning to accept the political partnership under the unity government, says Datuk Seri Anwar Ibrahim.
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Nation
On high alert over mpox
PETALING JAYA: Although no new mpox cases have been reported in Malaysia so far this year, the Health Ministry says it is ramping up surveillance and advocacy activities after the World Health Organisation (WHO) issued its highest alert.
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Commodities
Gold tops US$2,500 for first time
WASHINGTON: Gold topped US$2,500 an ounce for the first time, bolstered by hopes the US Federal Reserve (Fed) is edging closer to cutting interest rates.
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North Korea
No sheer clothes, ‘rooster’ hairdo unless you’re Kim Ju-ae
If you have been tying your long hair in a half-up half-down fashion or have clothes with sleeves made from sheer fabric that show off your arms, you might want to consider both a wardrobe change and new hairstyle.
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Economy
Deadly bacteria a threat to beaches across the US
NEW YORK: Beating the heat in the United States is a little harder this summer than it used to be: E. coli and cyanobacteria are causing widespread beach closures at lakes and rivers.
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Metro News
Hopping to the beat of unity
IN the heart of Kuala Lumpur, a unique story unfolds – a tale of rhythm, connection and the spirit of a nation.
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Nation
No overlap in the different types of coverage, say groups
PETALING JAYA: There is no overlap in insurance coverage under the Social Security Organisation’s (Socso) new Invalidity Scheme and the Foreign Workers Hospitalisation and Surgical Scheme (FWHS), says the Malaysian Employers Federation (MEF).
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Markets
Chinese stock investors lose a key indicator to gauge sentiment
BEIJING: China may see its first yearly outflow from equities in 2024 – but if and when it happens, investors won’t know from exchange data.
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Economy
Powell steps into the spotlight at Jackson Hole
NEW YORK: All eyes will turn to the mountains of Wyoming in this week for the Federal Reserve’s (Fed) Jackson Hole symposium, your best chance every year to see a Nobel Prize-winning economist in a cowboy hat.