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Fast-fashion giant Shein shares plunge in Hong Kong debut after US$1.7b IPO

HONG KONG, Sept 1 — Fast-fashion retailer Shein fell more than nine per cent on its long-awaited Hong Kong trading debut Tuesday, having raised US$1.7 billion (RM6.9 billion) in a high-profile initial public offering after its plans to list in

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Oil climbs as stocks slide on fresh Trump warning over Iran

HONG KONG, Sept 1 — Oil prices extended gains Tuesday amid fears of a fresh bout of military exchanges between the United States and Iran following a flare-up at the weekend and Donald Trump’s warning that he will hit the

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Australia backs Pacific bloc’s right to host Taiwan amid China tensions

KOROR (Palau), Sept 1 — Australia said Tuesday the Pacific bloc will decide for itself who attends its annual summit, after China raised objections to Taiwan’s presence on the sidelines. The 18-member Pacific Islands Forum is being hosted by Palau,

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MOF: Budi95 and Budi Diesel monthly entitlements back to 300L today

KUALA LUMPUR, Sept 1 — The basic monthly eligibility limit under Budi Madani has been increased from 200 to 300 litres, effective today. The Ministry of Finance (MOF), in a Facebook post, said the adjustment covers Budi Madani RON95 (Budi95)

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Zahid Hamidi directs Rural Development Ministry to clear backlog by year-end

PUTRAJAYA, Sept 1 — The Ministry of Rural and Regional Development (KKDW) is implementing “Operation Zero Delay” for the last four months of this year by focusing on the immediate completion of projects, payments, land issues, utilities, contracts, assets and

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ChatGPT becomes first AI chatbot to face tougher EU rules as Reddit and Roblox added to ‘very large’ list

BRUSSELS, Aug 31 — ChatGPT will have to comply with tougher safety rules after the EU added it today to a list of digital services subject to greater legal scrutiny, a first for an AI chatbot. Brussels also designated Reddit

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Singapore allocates S$220m over three years to boost fintech innovation under FSTI 4.0

SINGAPORE, Aug 31 — The Monetary Authority of Singapore (MAS) today announced a S$220 million (RM696 million) commitment over three years to strengthen Singapore’s financial technology (fintech) ecosystem. MAS said the allocation under the renewed Financial Sector Technology and Innovation

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Iran seizes sugar‑carrying bulk carrier for Strait of Hormuz pollution, refers case to judiciary

TEHRAN, Aug 31 — Iranian authorities have seized a bulk carrier after they said it dumped oil and sludge into the Strait of Hormuz, state media reported today. “Following the publication of images of the discharge of oil into the

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Iran FM accuses ‘serpent’ Netanyahu of tricking US into war

TEHRAN, Aug 31 — Iran’s Foreign Minister Abbas Araghchi today called Israeli Prime Minister Benjamin Netanyahu a “serpent”, accusing him of tricking Washington into going to war with the Islamic republic. “In Hebrew, Netanyahu openly crows that he suckered the

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King Charles conveys National Day message to Sultan Ibrahim, praises partnership and shared Commonwealth values

KUALA LUMPUR, Aug 31 — King Charles III and Queen Camilla have conveyed their congratulations to His Majesty Sultan Ibrahim, King of Malaysia, and the people of Malaysia on the country’s National Day on Monday. In the message shared by

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