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US, India, Japan and Australia revive ‘Quad’ push amid unease over China and Iran
NEW DELHI, May 27 — The United States, India, Australia and Japan announced new maritime and critical minerals cooperation yesterday, reviving a forum viewed suspiciously by China following questions over the US commitment and disagreement on Iran. US Secretary of
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Paramount’s US$110b Warner Bros takeover appears to clear major US hurdle
WASHINGTON, May 27 — US antitrust regulators appear ready to approve Paramount’s US$110 billion (RM440 billion) takeover of Warner Bros. Discovery, after a two-hour meeting at the Justice Department, Semafor reported yesterday, citing people familiar with the matter. At the
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Nvidia supplier SK hynix becomes Asia’s latest US$1t tech giant
SEOUL, May 27 — The market value of South Korean memory chip maker SK hynix soared past US$1 trillion (RM4 trillion) today thanks to frenzied global demand for the computing hardware that powers artificial intelligence tools. SK hynix’s new benchmark
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Asian markets wobble between AI frenzy and Iran war jitters
HONG KONG, May 27 — Asian equities were mixed today with gains driven by tech stocks and guarded optimism the United States and Iran will reach a peace deal. Negotiations between Washington and Tehran to end the Middle East war
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Fuel shock from Iran war pushes Bangladesh back to IMF negotiating table
WASHINGTON, May 27 — The International Monetary Fund said yesterday it was in negotiations with the Bangladeshi government for a new assistance programme at Dhaka’s request, as the South Asian country reels from the economic fallout of the Iran war.
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BP sacks chairman Albert Manifold less than a year into role, shares slide
LONDON, May 27 — British oil giant BP unexpectedly removed Albert Manifold as chairman yesterday after less than one year in the role, citing “serious concerns” about governance standards, oversight and conduct at the company. “The board has been surprised
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‘I got the boot’: Subang MP Wong Chen claims abrupt removal from MDV after turnaround
KUALA LUMPUR, May 27 — Subang MP Wong Chen has revealed his abrupt removal as the non-executive chairman of Malaysia Debt Ventures (MDV), despite leading the government-linked company (GLC) back to profitability during his three-year tenure. In a statement today,
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Fahmi: Putrajaya to examine’s Suhakam’s Taiping Prison findings before taking action
KUALA LUMPUR, May 27 — The government will scrutinise Suhakam’s findings on the Taiping Prison incident that left one inmate dead before deciding on further action, says Communications Minister Datuk Fahmi Fadzil. Fahmi, who is also the government’s spokesman, said
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Anwar reaffirms Malaysia’s stand against West Asia aggression in call with Iran president
KUALA LUMPUR, May 27 — Malaysia has maintained its firm stance in condemning any acts of aggression and incursions in West Asia, including drone strikes as well as Israeli-United States military operations that have claimed innocent lives. Prime Minister Datuk Seri
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‘I have no idea what this fellow is talking about’: Azam Baki denies Albert Tei’s claim of threats and intimidation
KUALA LUMPUR, May 26 — Former Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki has dismissed allegations of criminal intimidation made by businessman Albert Tei as “baseless,” urging the police to instead investigate the latter for lodging a
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