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Ringgit closes little changed against US dollar
KUALA LUMPUR, Feb 25 — The ringgit held steady against a strong US dollar, closing little changed from yesterday’s level, driven by positive economic resilience as reflected in the Leading Index (LI) data. At 6pm, the ringgit traded at 3.8900/8955
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Bank Negara imposes penalties on 13 money services business licensees
KUALA LUMPUR, Feb 25 — Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) ranging from RM1,500 to RM2,000 against 13 money services business (MSB) licensees for failure to meet the minimum capital funds requirement between July 2025 and
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Parliamentary committee urges milk subsidies as child stunting rate climbs to 21.2pc in Malaysia
KUALA LUMPUR, Feb 25 — The Parliamentary Special Select Committee on Women, Children and Community Development has proposed introducing or retargeting milk subsidies to address nutritional deficiencies that contribute to stunting among children. Its chairman, Yeo Bee Yin (PH-Puchong), said
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Diesel and RON97 petrol in Peninsular Malaysia up five sen from Feb 26 to March 4
KUALA LUMPUR, Feb 25 — The retail price of diesel in Peninsular Malaysia will rise by five sen to RM3.04 per litre, while prices in Sabah, Sarawak and Labuan will remain unchanged at RM2.15 per litre, for the period from Feb
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Louvre director Laurence des Cars resigns after jewel heist and string of scandals
PARIS, Feb 25 — The head of France’s Louvre museum resigned on Tuesday, the office of the French presidency announced, following a months-long string of scandals — including the brazen theft of priceless jewels in broad daylight. Laurence des Cars
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Trump hails ‘turnaround for the ages’ in record‑long State of the Union, vows unstoppable America
WASHINGTON, Feb 25 — US President Donald Trump boasted Tuesday of a “turnaround for the ages” in a State of the Union speech, seeking to reverse his dismal polls and see off mounting challenges at home and abroad ahead of
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US forces seize third tanker in Indian Ocean defying Trump’s blockade
WASHINGTON, Feb 25 — US forces boarded a third tanker ship in the Indian Ocean that had violated President Donald Trump’s blockade of sanctioned vessels in the Caribbean and fled the region, the Pentagon said Tuesday. “From the Caribbean to
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Cross-border clashes erupt as Pakistan and Taliban-led Afghanistan accuse each other of aggression
KABUL, Feb 25 — Afghan and Pakistani forces traded fire at their border on Tuesday, officials on both sides said, while blaming each other for the outbreak of violence. The clashes came days after Pakistan launched deadly air strikes on
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Warner Bros. weighs Paramount’s sweetened bid as Netflix deal faces challenge
NEW YORK, Feb 25 — Warner Bros. Discovery said Tuesday it has received a revised acquisition proposal from Paramount Skydance, signalling that the offer could open the door to the company rethinking its deal with Netflix. The sweetened offer was
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AMD shares surge as Meta commits to buying millions of GPUs in bid to catch up with Google and Microsoft
WASHINGTON, Feb 25 — American tech giant Meta has reached an agreement to purchase millions of powerful AI chips from processor manufacturer AMD, in which it could become a major shareholder, the two companies announced Tuesday. The Facebook and Instagram
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