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News
Shares skid in Asia as oil rises, rate hikes loom
11+ hour, 3+ min ago (598+ words) SYDNEY: Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week. Brent climbed 3% as new strikes on…...
United Asiapac Energy to expand well intervention services
2+ hour, 33+ min ago (344+ words) KUALA LUMPUR: Sarawak-based oil and gas (O&G) services firm, United Asiapac Energy Bhd, is set to further expand its well intervention services business in East Malaysia following its debut on the ACE Market of Bursa Malaysia today. The company’s shares…...
Resolve complaints on uniform supplies, tailoring allowance, senator urges Health Ministry
7+ hour, 37+ min ago (507+ words) PETALING JAYA: A number of government healthcare workers have yet to receive their uniform supplies and tailoring payment for the year. Workers in states or territories such as Sabah, Sarawak, Kuala Lumpur, Selangor and Negri Sembilan said they have not…...
Global panel to hear Cambodia, Thailand sea dispute
8+ hour, 58+ min ago (581+ words) SINGAPORE: Cambodia and Thailand will face off before international mediators in Singapore this week in a long-standing dispute over valuable maritime resources, the latest spat between the feuding neighbours. Phnom Penh initiated a UN-backed conciliation process at the Permanent Court…...
Foreign spouses still need permit for work or business
5+ hour, 17+ min ago (387+ words) KUALA LUMPUR: Foreigners married to Malaysians are not automatically allowed to work or operate a business in the country, says the Immigration Department. It said those holding a Social Visit Pass under the Malaysian Citizen’s Spouse category must submit a…...
Anthropic tells investors it will be profitable for second straight quarter, FT reports
6+ hour, 36+ min ago (120+ words) thestar.com.my Anthropic tells investors it will be profitable for second straight quarter, FT reports Sept 13 (Reuters) - Anthropic has told shareholders that its adjusted operating income will be positive for a second straight quarter, the Financial Times reported on…...
Home fertility kits raise red flags
6+ hour, 48+ min ago (494+ words) Products sold online carry risks, enforcement action PETALING JAYA: The sale and use of artificial insemination home kits in Malaysia carry significant health risks and fall under strict regulatory scrutiny. The Medical Device Authority (MDA) warns that unregistered devices sold…...
Disclosure rules needed when foreign spouses join business, says expert
6+ hour, 52+ min ago (361+ words) PETALING JAYA: Disclosure of financial obligations by foreign spouses who become company directors or shareholders soon after marriage should be among the reforms considered by the authorities, says an expert. Assoc Prof Dr Mashitah Hamidi of Universiti Malaya (UM) said…...
All eyes on Warsh????
12+ hour, 1+ min ago (1264+ words) WASHINGTON: Central banks from much of the Group of Seven (G7) face a pivotal week as mounting inflation risks heap pressure on them to raise interest rates. Three decisions, starting with the Federal Reserve (Fed) on Wednesday and followed on successive…...
Construction leads Budget 2027 plays
8+ hour, 15+ min ago (478+ words) PETALING JAYA: Budget 2027 is expected to remain moderately expansionary, with construction likely to offer the clearest equity exposure, followed by utilities, renewable energy, consumer staples, healthcare and selected technology companies. MBSB Research said Budget 2027 should be judged less by the…...