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DRB-Hicom to buy up Spirit AeroSystems Malaysia in RM426m deal
KUALA LUMPUR, Aug 11 — DRB-Hicom Bhd has announced plans to acquire the Malaysian operations of aerospace manufacturer Spirit AeroSystems for approximately US$95.2 million (RM426.1 million). The company said in a stock exchange filing today that the acquisition is expected
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Intel CEO Lip-Bu Tan set for White House showdown after Trump demands his resignation over China ties
WASHINGTON, Aug 11 — Intel CEO Lip-Bu Tan is set to visit the White House on Monday after US President Donald Trump called for his removal last week, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Reuters
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In a landmark deal, Nvidia and AMD set to pay US 15pc of AI chip revenue from Chinese sales
WASHINGTON, Aug 11 — US semiconductor giants Nvidia and Advanced Micro Devices have agreed to pay the United States government 15 per cent of their revenue from selling artificial intelligence chips to China, according to media reports Sunday. Nvidia CEO
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Ringgit opens higher as US tariffs add pressure on global markets
KUALA LUMPUR, Aug 11 — The ringgit opened higher against the US dollar on Monday, rebounding after two consecutive sessions of losses, amid growing concerns over the impact of the United States’ tariffs on the domestic and global economy, analysts
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Chinese vessels collide in pursuit of Philippines patrol
MANILA, Aug 11 — A Chinese navy vessel collided with one from its coast guard while chasing a Philippines patrol boat in the South China Sea, Manila said Monday, releasing dramatic video footage of the confrontation. The incident occurred near
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Fake cops busted in India, six arrested for running a scam ‘crime bureau’, collecting ‘donations’
NEW DELHI, Aug 11 — Indian police have arrested six men for allegedly posing as police and extorting “donations” from a rented office labelled a “crime investigative bureau”. The “International Police and Crime Investigation Bureau”, run from an office decorated
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Marcos says the Philippines can’t avoid Taiwan war, would be dragged in ‘kicking and screaming’
MANILA, Aug 11 — Philippine President Ferdinand Marcos warned Monday that his country would be dragged “kicking and screaming” into any war over Taiwan, but must prepare for it. China considers self-ruled Taiwan, Manila’s closest neighbour to the north, to
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Australia will back Palestinian statehood at UN, PM says peace requires permanent state
SYDNEY, Aug 11 — Australia will recognise a Palestinian state at the UN General Assembly in September, Prime Minister Anthony Albanese said Monday. “Until Israeli and Palestinian statehood is permanent, peace can only be temporary,” he told reporters. “Australia will
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Man takes a cigarette break, then hangs on for dear life as Austrian train speeds off
VIENNA, Aug 11 — A man has survived clinging to the outside of an Austrian high-speed train, Austria’s state railway said Sunday, reportedly after it left whilst he was having a cigarette break. The man late Saturday grabbed onto the
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Trump demands homeless people be relocated ‘far’ from Washington, ahead of press conference revealing new plans
WASHINGTON, Aug 11 — President Donald Trump said Sunday that homeless people must be moved “far” from Washington, after days of musing about taking federal control of the US capital where he has falsely suggested crime is rising. The Republican
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