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Asia’s AI stocks pummelled as bond yields hit pre-2008 levels

HONG KONG, Aug 19 — Technology stocks were back in the crosshairs of investors Wednesday, taking another heavy blow from a spike in bond yields, rising oil prices, persistent inflation and dimming hopes for a deal to reopen the Strait

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Trump posts map naming Strait of Hormuz ‘New US Territory’ amid Iran tensions

WASHINGTON, Aug 19 — US President Donald Trump said Tuesday that no talks with Iran are underway and none are scheduled, as he posted a map showing the Strait of Hormuz as a new American territory in a fresh jibe

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UAE claims Iran shot two missiles at Gulf shipping, suspends ties with Tehran

DUBAI, Aug 19 — The United Arab Emirates on Tuesday accused Iran of firing two ballistic missiles at shipping in the Gulf, an allegation later denied by Tehran. “UAE air defences detected two ballistic missiles launched from Iran toward the

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US sanctions ICC President Tomoko Akane over claims of ‘politicised’ court

WASHINGTON, Aug 19 — The United States on Tuesday imposed sanctions against International Criminal Court President Tomoko Akane of Japan as part of its campaign against the body that it accuses of being “politicised.” Washington also slapped sanctions on ICC

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Housing minister urges waste separation to be taught young as Malaysia studies Japan’s recycling model

KUALA LUMPUR, Aug 19 — Malaysia is looking to Japan’s waste separation and recycling practices as it seeks to make environmentally responsible habits part of everyday life and accelerate the country’s transition towards a circular economy. Housing and Local Government

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‘I only wanted to save’: Kajang retiree wins RM1m Bank Rakyat lucky draw

KUALA LUMPUR, Aug 19 — A 68-year-old retiree never thought that his decision to save through Bank Rakyat’s Rizq Plus Investment-i Account would bring him such good fortune when he emerged as the winner of the Millionaire Draw, taking home

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Govt must not to replace UUCA with another ‘oppressive’ law, says deputy education minister

KUALA LUMPUR, Aug 19 — The new legal framework to be introduced following the repeal of the Universities and University Colleges Act (UUCA) 1971 must strengthen university autonomy and academic freedom and avoid repeating the shortcomings of the repealed Act,

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