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FBM KLCI rebounds but capped below 1,600 points
KUALA LUMPUR: A mixed result on Wall Street overnight was enough to trigger a long-awaited rebound on the FBM KLCI, as investors halted a rout that saw the index shave 57 points since the start of the year.
At the opening bell, the…
Tan Sri Dr. S. Subramaniam Receives Prestigious Pravasi Bharatiya Samman Award 2025
Bhubaneswar, Odisha – Tan Sri Dr. S. Subramaniam, former President of the Malaysian Indian Congress (MIC) and former Minister of Health, has been honoured with the Pravasi Bharatiya Samman Award (PBSA) 2025. The award was presented during…
Japan’s Fukushima-Matsumoto shine at Malaysia Open
KUALA LUMPUR: Japan's new women's doubles pairing of Yuki Fukushima-Mayu Matsumoto is quickly emerging as a force on the World Tour.
The experienced duo stormed into the Malaysia Open semi-finals on Friday, marking their third last-four…
Bargain-hunting to lift FBM KLCI after two-day plunge
KUALA LUMPUR: There was some bargain-hunting on the domestic market after the recent bleeding, which took the FBM KLCI to just above the key 1,600 psychological level.
At the start of Friday trading, the benchmark index was up 2.73 points…
Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring, sources say
(Reuters) - A lawyer for billionaire Elon Musk has asked attorney generals in the states of California and Delaware to push OpenAI to auction a major stake in its business to decide fair value of its charitable asset during its corporate…
X’s ‘Community Notes’: A model for Meta?
Meta chief Mark Zuckerberg said Jan 7 that the group's platforms including Facebook and Instagram would in future imitate rival X's "Community Notes" feature rather than using professional fact-checkers.
The feature "empower(s) their…
Actress Jessica Alba reportedly headed for divorce after 16 years of marriage
Another Hollywood romance has come to an end, it seems.
American actress Jessica Alba and her film producer husband Cash Warren have reportedly separated and are preparing for divorce, according to TMZ.
The American tabloid cited “sources…
Crowds throng Manila streets as Jesus statue paraded
MANILA: Hundreds of thousands of Catholic pilgrims swarmed the streets of Manila in search of a miracle Thursday, straining to reach a centuries-old statue of Jesus Christ in an annual display of religious fervour.
The procession to the…
Bursa Malaysia stays cautious ahead of Trump inauguration, JSSEZ theme provides support
KUALA LUMPUR: There was a slight retracement in the FBM KLCI as the domestic market opened for trading on Thursday, with the benchmark index bouncing slightly higher following the previous day's sharp plunge.
The FBM KLCI rose 3.34 points…
Vanguard Group boosts Talen Energy stake to 10.4% as AI demand grows
(Reuters) - U.S. asset management firm Vanguard Group increased its stake in independent power producer Talen Energy Corp to 10.4%, according to a filing on Wednesday.
As Big Tech pours in billions of dollars into AI technology, the demand…