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Big Macs selling, but US$10 meals spook struggling US diners
NEW YORK, Aug — McDonald’s profits rose in the second quarter behind a rebound in US sales but executives said Wednesday that low-income consumers remained under economic stress. The fast-food chain notched a 2.5-per cent rise in US comparable sales
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Malaysia set for RM104b in 2025 investments, trade target unchanged despite global headwinds
KUALA LUMPUR, Aug 7 — The Investment, Trade and Industry Ministry (Miti) has projected 2025’s approved investments to amount to RM104 billion involving manufacturing and selected services sectors under the purview of the Malaysian Investment Development Authority (Mida). Its Minister
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Pharmaniaga completes regularisation plan, set to exit PN17 by Q1 2026
KUALA LUMPUR, Aug 7 — Pharmaniaga Bhd has completed its Practice Note 17 (PN17) regularisation plan following the completion of its capital reduction exercise through the cancellation of RM520 million in issued share capital. In a statement yesterday, the pharmaceutical
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Fed cut bets give ringgit a morning boost
KUALA LUMPUR, Aug 7 — The ringgit opened firmer against the US dollar on Thursday, lifted by a softer greenback amid growing expectations of interest rate cuts by the United States Federal Reserve (Fed) in the coming months. At 8
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US Army sergeant wounds five in Georgia base rampage with personal handgun
WASHINGTON, Aug 7 — A soldier opened fire at a US military base in the southern state of Georgia on Wednesday, wounding five fellow troops before he was tackled and apprehended, a senior officer said. The attack took place at
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Hezbollah ministers walk out of Lebanese cabinet meeting
BEIRUT, Aug 7 — Hezbollah said Wednesday that it would treat a Lebanese government decision to disarm the militant group “as if it did not exist”, accusing the cabinet of committing a “grave sin”. Amid heavy US pressure and fears
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Fox films ICE agents in cowboy hats ambushing Latinos outside LA Home Depot despite court ban
LOS ANGELES, Aug 7 — Immigration enforcement agents on Wednesday grabbed more than a dozen people outside a Los Angeles Home Depot in a “Trojan Horse” raid, despite a court ordering them to stop using roving patrols that rights groups
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US imposes second 25pc tariff on India over Russian oil imports as first takes effect today
WASHINGTON, Aug 7 — US President Donald Trump on Wednesday ordered an additional 25 per cent tariff on Indian goods over New Delhi’s continued purchase of Russian oil, a key revenue source for Moscow’s war in Ukraine. The tariff, set
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How Trump’s love for TV drives his major foreign policies, amid shift in Gaza concern
WASHINGTON, Aug 7 — Donald Trump’s sudden concern about starving Palestinians was a major shift for the US president, who had previously ignored the endless cries for help from aid groups. So what changed? In his words, it was images of
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Kyrgyz mothers dying as vital cancer drugs delayed, patients forced to import own medicine
BISHKEK (Kyrgyzstan), Aug 7 — Like many people affected by serious illness in ex-Soviet Central Asia, Almagul Ibrayeva is having trouble finding medicine in her native Kyrgyzstan. “Women are dying because of a lack of medicine,” Ibrayeva, who is in
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