Archive
Back to homepage
Pharmacy chain Big Caring’s RM3b IPO looms as Malaysia’s next healthcare bellwether
KUALA LUMPUR, May 29 — Malaysia’s largest pharmacy chain is preparing to test investor appetite with what could become one of the country’s biggest initial public offerings in a decade. According to Bloomberg, Big Caring Group Bhd, the operator behind
Read More
Kenya court suspends US plans for Ebola quarantine facility on its soil
NAIROBI, May 29 — A Kenyan high court has ordered the temporary suspension of plans for the United States to set up an Ebola quarantine facility in the country. High Court Judge Patricia Nyaundi said in her orders late yesterday
Read More
Pentagon chief Hegseth to headline Shangri-La Dialogue in Singapore, China sends only scholars
SINGAPORE, May 29 — Pentagon chief Pete Hegseth is the headline speaker at Asia’s premier defence summit opening today, but China’s top officials aren’t expected despite weighty questions like Taiwan and the war in Iran. Beijing’s defence minister is to
Read More
RM24m Bukit Jalil stadium upgrade project under MACC scrutiny after complaints
KUALA LUMPUR, May 29 — The Malaysian Anti-Corruption Commission (MACC) today confirmed it is reviewing complaints linked to the evaluation process and upgrade works at the National Stadium Bukit Jalil. It said it is examining related information and documents before
Read More
Son of Taiping Prison inmate Gan Chin Eng says ‘no closure’ despite Suhakam inquiry findings
KUALA LUMPUR, May 29 — The son of inmate Gan Chin Eng, who died in Taiping Prison in January last year, says he has yet to find closure after the Human Rights Commission of Malaysia (Suhakam) released its findings on
Read More
Ahead of official birthday, Friday sermon highlights King’s role as active guardian of stability and sovereignty
KUALA LUMPUR, May 29 — The Yang di-Pertuan Agong not only symbolises the sovereignty of the nation, but is also a guardian who protects the citizens, safeguards the religion and is the mainstay of the nation’s stability. In conjunction with
Read More
Report: Singapore salaries rise at slower pace, but workers gain more purchasing power in 2025
SINGAPORE, May 29 — Workers in Singapore enjoyed stronger spending power last year as inflation cooled significantly, allowing real wages to grow faster even though salary increases moderated, according to a new labour report. Data released by Singapore’s Ministry of
Read More
US growth revised down, inflation hits highest level since 2023
WASHINGTON, May 29 — The US economy expanded less than initially estimated in the first quarter, government data showed yesterday, while a key inflation gauge separately hit a three-year high on fallout from the Middle East war. The figures sound
Read More
Trump could become first living US president on banknote under proposed US$250 bill
WASHINGTON, May 29 — President Donald Trump could soon appear on a new US$250 bill, in the Republican’s latest move to shatter US traditions by putting his personal stamp on national institutions. A proposal for the new bill, featuring a
Read More
S&P 500, Nasdaq hit record highs on US-Iran ceasefire hopes and AI rally
NEW YORK, May 29 — The S&P 500 and the Nasdaq posted record closing highs yesterday after news reports said the US and Iran had reached a draft agreement to extend their ceasefire for 60 days, while investors also digested
Read More