KUALA LUMPUR, Sept 27 – Public Investment Bank Bhd (PIVB) has reinforced its “overweight” view on the oil and gas (O&G) sector after the overnight benchmark Brent crude oil price closed at US$58.44 per barrel, hitting its highest levels since July 2015. In a note today, the research house said the
KUALA LUMPUR, Sept 27 – Lack of fresh catalysts weighed on Bursa Malaysia which turned mixed at mid-morning. At 11.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.35 points lower at 1,764.24 from Tuesday’s close of 1,765.59. The index opened 2.03 points better at 1,767.62. Market breadth was positive
MUAR, Sept 27 – The Sultan of Johor, Sultan Ibrahim Sultan Iskandar, today has demanded that the owner of a Muslim-only launderette to apologise publicly and cease its discriminatory practice, or risk being shut down, The Star reported. A photo of the Muar launderette began making its rounds on social media over
BANGKOK, Sept 27 – Thailand’s top court will deliver a verdict Wednesday on whether ex-premier Yingluck Shinawatra is guilty of negligence – but the fugitive politician will almost certainly be a no-show, having yet to publicly emerge since she fled the kingdom last month. Yingluck, whose elected government was toppled in
KUALA LUMPUR, Sept 27 – The ringgit continued yesterday’s downtrend to opened lower against the US dollar this morning as the greenback strengthened on the possibility of another interest rate hike before the year-end, dealers said. At 9am, the local unit depreciated to 4.2150/2190 from 4.2050/2080 recorded at 6pm yesterday. The US
KUALA LUMPUR, Sept 27 – DAP veteran leader Lim Kit Siang’s past actions show that DAP is the de facto leader of the opposition, says Communications and Multimedia Minister Datuk Seri Dr Salleh Said Keruak. With the majority seats that DAP had compared to the others in the opposition pact, Salleh
SAN FRANCISCO, Sept 27 – Twitter announced Tuesday a test project allowing tweets to be expanded to 280 characters – double the existing limit – in the latest effort to boost flagging growth at the social network. San Francisco-based Twitter said the new limit, a major shift for the messaging platform
Apple today said that it is working on a fix for iPhone 8 users experiencing crackling sounds from their device’s earpiece. Since the iPhone 8 was released last week, some users have reported a “static” and “crackling sound,” but that shouldn’t be the case for much longer… In a statement to
BEIJING, Sept 26 – The Home Ministry is leaving it to the police to act on the organising of the Feel Beer Festival 2017, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi. “That comes under police’s powers … I have instructed that it be stopped,” said Ahmad Zahid, who is
LONDON, Sept 26 – The BBC launched a new Korean language radio and online service on Tuesday that will be available to listeners in North Korea if the signal is not blocked. The service, a part of the BBC’s biggest global expansion since the 1940s, will have a dedicated team of journalists
BANGKOK, Sept 26 – Thailand’s junta chief said Tuesday he knows where fugitive ex-premier Yingluck Shinawatra has fled to, but will not reveal her location until after a court delivers its verdict in her negligence trial this week. The comments were the first admission from the military regime that it had located
BEIJING, Sept 26 – Interpol opened its general assembly in Beijing on Tuesday as China seeks greater international help to repatriate alleged criminals – despite accusations it is using the international police organisation for political gain. Some 1,000 public security officials and political leaders will discuss terrorism, organised crime and cybercrime at
BEIJING, Sept 26 – Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi had a meeting with Secretary of the Central Political and Legal Affairs, Communist Party of China, Meng Jianzhu in the capital, today. Ahmad Zahid met Meng for about an hour at the Political and Legal Affairs office, here. Also
SYDNEY, Sept 26 – Vanuatu has declared a state of emergency and evacuated thousands of residents from an island in the Pacific archipelago after a volcanic eruption rained rocks and ash on nearby homes, reports and officials said Tuesday. After weeks of rumbling, activity from the Manaro Voui volcano – at the
KUALA LUMPUR, Sept 26 – Some 270 families, who have been living in the 40-year-old Sentul police quarters, here, will move to new apartments with larger-sized units and modern facilities by December next year. The demolition work of the old quarters, comprising two 16-storey blocks, has been going on since June to
CYBERJAYA, Sept 26 – The Inland Revenue Board (IRB) has denied allegations that enforcement was being conducted to undermine the financial resources of certain political groups. IRB, in a statement today, said the system to select cases for IRB enforcement action was based on criteria from the aspect of failure to comply
GEORGE TOWN, Sept 26 – The Penang state government today said the Barisan Nasional federal government only spent RM443 million on flood mitigation projects in Penang from 2006 to the present date. He said the allocation showed that many flood-mitigation projects in Penang were not fully able to handle flash floods. State
BEIJING, Sept 26 – China has fined several of the country’s biggest technology firms for failing to remove illegal online content as the authorities intensify their policing of the internet. Three web giants operating popular social media services have received “maximum penalties” for allowing the publication of pornographic, violent and other sorts
MANILA, Sept 26 – A shooting incident took place within the presidential compound of the Philippines’ Rodrigo Duterte and is being investigated, his spokesman said Tuesday. The incident occurred at an elite security force camp within the sprawling presidential grounds, which include a house where Duterte resides, said spokesman Ernesto Abella. He declined
NEW YORK, Sept 26 – Black Entertainment Television, the premier US network geared toward African Americans, is launching Tuesday a version in South Korea in its first expansion into Asia. The South Korean BET channel, available both on traditional television and through streaming, will feature the network’s signature shows as well as
