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Facebook sales grow as Zuckerberg comes under fire for political ads
Facebook Inc reported an uptick in users in lucrative markets and its third-straight rise in quarterly sales growth yesterday, but the company’s controversial political ads stole the limelight when CEO Mark Zuckerberg spoke to analysts. Shares rose about four percent
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1MDB: Jho Low agrees to return US 1bln in a deal with the US
The US Justice Department yesterday reached a settlement deal with Malaysian financier Jho Low to recover almost US$1 billion in funds the fugitive and his family had misappropriated from Malaysian investment fund, 1MDB. High-level officials of 1MDB and associates including
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Dr M: We were pressured to close Iranian bank accounts
Malaysia faced very strong pressure from certain quarters to close the bank accounts of Iranian individuals and companies in this country, said Prime Minister Tun Dr Mahathir Mohamad. He also claimed that Malaysia was threatened with closure of its banks
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Employees laid off since January entitled to full-fledged EIS benefits
KUALA LUMPUR: Private sector workers who were retrenched since January this year have been entitled to full-fledged benefits through the provisions of the Employment Insurance System (EIS) Act to receive temporary financial assistance as well as to help them find
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Malaysian keglers bag two titles in Kuwait
KUALA LUMPUR: It was double joy for the Malaysian keglers after bagging the overall title and also the men’s overall category at the 25th Asian Tenpin Bowling Championships which concluded in Kuwait on Wednesday. National bowler Esther Cheah delivered the
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Foreigners can only purchase homes at reduced prices next year
KUALA LUMPUR: The proposal to lower the ceiling price of condominium and apartment units in the city for foreigners to buy from RM1 million to RM600,000 would be implemented for a period of one year only. Housing and Local Government
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Establish a national housing corporation on affordable housing
KUALA LUMPUR: The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) has recommended that the government establish a national housing corporation on affordable housing. The corporation’s job is to plan, coordinate and
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Gobind: Govt to strengthen laws on data protection
KUALA LUMPUR: The government is in the midst of improving existing laws on data protection to counter the challenges and cyber threats faced today. Referring to a recent hacking incident involving the Universiti Malaya (UM) e-pay portal on Thursday, Communications
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Currency manipulation allegations among focus of Dewan Rakyat today
KUALA LUMPUR: The impact of media reports on the possibility of Malaysia being included in US Treasury’s currency manipulator list, on the country’s economy, is expected to set the ball rolling at the Dewan Rakyat today. According to the Dewan
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DPM: Malaysia to learn from Holland on ways to mitigate floods
BAGAN SERAI: The government will learn from Holland on the best method of handling the floods in this country, said Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail. Wan Azizah, who is also the Central Disaster Committee chairman,
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