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SpaceX stock craters, hundreds of billions wiped out as AI scepticism hits Wall Street
HONG KONG, June 23 — Asian equities fluctuated Tuesday following a tech-led sell-off on Wall Street as investors again questioned a long-running AI-fuelled boom, while crude largely held losses that came on the back of positive US-Iran talks. While Washington
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Loke: Malaysia must modernise ports, secure shipping routes amid global uncertainty
KUALA LUMPUR, June 23 — Malaysia must build a future-ready maritime economy, anchored by resilient ports, a diversified energy architecture, innovative digital infrastructure, secure shipping corridors, and robust regional cooperation. Transport Minister Anthony Loke Siew Fook said this is important
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Tourism minister: Rain Rave Water Festival generated RM320m in tourism revenue, drew half a million people
KUALA LUMPUR, June 23 — The Rain Rave Water Festival held on the Labour Day holiday generated an estimated RM320.4 million in overall tourism revenue, Tourism Minister Datuk Seri Tiong King Sing told Parliament this morning. The event, which received
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Anwar: Johor got RM16b back from Putrajaya, more than it contributed
TANGKAK, June 23 — Prime Minister Datuk Seri Anwar Ibrahim said the Federal government has channelled a higher allocation to Johor than the revenue the state has contributed to the government over the past three years. He said that based
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Heatwave smashes European temperature records; 18 people, including two children, dead in France
PARIS, June 23 — At least 18 people died in France, including two children left in a hot car, as a heatwave hung over Europe, smashing temperature records in several cities on Monday. As schools in France closed or modified
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US lifts Iran sanctions for 60 days following peace roadmap agreement
BUERGENSTOCK, June 23— The United States waived sanctions on Iran for 60 days from Monday after the first talks under a nascent peace deal, while officials reported a sustained lull in fighting in Lebanon under the agreement aimed at ending
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Oil slides as sanctions waiver begins under US-Iran peace talks
NEW YORK, June 23 — Crude prices fell Monday after the US said it is temporarily lifting sanctions on Iran to allow it to export oil, while the Nasdaq retreated on concerns after AI investments by SpaceX and other tech
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Ringgit up versus the dollar as US-Iran sanctions waiver and fiscal reforms drive gains
KUALA LUMPUR, June 23 — The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said. At 8 am, the local note improved to 4.1440/1505 against the greenback from 4.1465/1500
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Pakatan names full Johor election candidate list: Maszlee Malik for Puteri Wangsa, former state assembly speaker for Larkin
TANGKAK, June 23 — Pakatan Harapan (PH) announced its full list of 56 candidates for the Johor election last night, ending speculation over which candidates it would field. Leading the list is former education minister and PKR candidate Maszlee Malik, who
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It’s flexible: Diesel subsidy recipients can use quota for diesel or RON95 petrol, says finance minister II
PUTRAJAYA, June 23 — The government has set a base eligibility limit of up to 200 litres per month for eligible individuals under the BUDI Madani Diesel (BUDI Diesel) programme, with the quota to be used flexibly for the purchase
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