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Kospi collapses 10pc as chip slump sparks region‑wide sell‑off across Seoul and Tokyo
HONG KONG, July 28 — South Korea’s Kospi collapsed 10 per cent as tech took a battering on another black day for Asian stock markets, with a report of a breakthrough in China’s chip industry compounding worries about the longevity
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AMD down 8pc, Nvidia nearly 5pc as China chip breakthrough report sparks US tech sell‑off
NEW YORK, July 28 — Several major US semiconductor stocks fell on Wall Street yesterday, following a report of a technological breakthrough that could accelerate the growth of China’s computer chip industry. According to the website The Information, Chinese company Shanghai
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Johnson & Johnson proposes RM223b settlement for talc cancer lawsuits
NEW YORK, July 28 — US pharmaceutical giant Johnson & Johnson has offered US$5.5 billion (RM22.5 billion) to settle tens of thousands of lawsuits claiming that its talcum powder products caused ovarian cancer, the company said Monday. The proposed settlement
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US walks out of UN Security Council over French envoy’s ‘North Korea’ comparison
UNITED NATIONS, July 28 — The United States walked out of a UN Security Council meeting Monday when France’s ambassador took the floor, protesting French comments comparing the US to North Korea and other authoritarian states regarding votes on human
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Negeri Sembilan early voter turnout reaches 14.31pc as of 9am
SEREMBAN, July 28 — As of 9am today, 14.31 per cent of early voters in the 16th Negeri Sembilan state election have cast their ballots. Based on the latest data shared on the Election Commission’s (EC) official Facebook page, this
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Anwar: Students to get free AI software access under digital skills programme
PUTRAJAYA, July 28 — Prime Minister Datuk Seri Anwar Ibrahim said today the government would subsidise subscriptions to top AI software to students under a newly-launched programme to raise artificial intelligence literacy. Anwar made the announcement as he launched AI
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Bank Negara governor expects Malaysia’s growth to hit upper end of 4-5pc forecast despite energy shock
KUALA LUMPUR, July 28 — Despite the energy supply shock, Malaysia’s economy remains well on track to grow by four to five per cent, likely towards the upper end of the range, with manageable inflation in 2026, Bank Negara Malaysia
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Ringgit strengthens against greenback and major currencies as markets await Fed decision
KUALA LUMPUR, July 27 — The ringgit closed higher against the greenback and other major currencies today, ahead of the US Federal Reserve (Fed) meeting tomorrow and Wednesday to decide on interest rates. At 6 pm, the ringgit climbed to
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Iran denies talks with US, insists Strait of Hormuz discussions are only with Oman
TEHRAN, July 27 — Iran’s foreign ministry today said it was not currently involved in negotiations with the United States, despite a halt in recent fighting between the two sides. “Mediators may convey messages from the American side to us
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Marcos says ‘perhaps time to revisit nuclear energy’ as Philippines battles high electricity prices
MANILA, July 27 — Philippine President Ferdinand Marcos, who declared a national energy emergency this year, said today that nuclear power might hold answers for a country paying the highest electricity prices in the region. Marcos made the suggestion in
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