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ExxonMobil cashes in on oil shock with US$14.5b quarterly profit

NEW YORK, July 31 — ExxonMobil’s second-quarter profits more than doubled to US$14.5 billion (RM60 billion) on surging oil prices and refining margins due to the Middle East war, the company reported today. The results come on the heels of

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Bank Negara: Cheaper fuel cools Malaysia’s inflation to 1.9pc in June

KUALA LUMPUR, July 31 — Lower retail fuel inflation, particularly for RON97 and diesel, contributed to Malaysia’s headline inflation easing to 1.9 per cent in June, said Bank Negara Malaysia (BNM). In its Monthly Highlights for June 2026 released today,

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Spain’s north African Ceuta enclave reels as migrant influx equal to half its population crosses border

CEUTA, July 31 — Thousands of migrants crossed overnight from Morocco into Spain’s north African Ceuta enclave, a police source said today, as Prime Minister Pedro Sanchez was set to arrive to manage the latest migrant crisis on the border.

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Israeli blows up 700 tonnes of explosives near Lebanon’s Unesco-listed Beaufort castle, claims destroying Hezbollah ‘terror tunnels’

BEIRUT, July 31 — Israeli forces carried out a series of detonations overnight near the Unesco-listed Beaufort castle in southern Lebanon, Lebanese state media reported Friday, with Israel saying it had destroyed tunnels used by the Iran-backed Hezbollah militant group.

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Anwar says Tabung Haji RCI report released in full, without redactions

SEREMBAN, July 31 — Prime Minister Datuk Seri Anwar Ibrahim today said the full Royal Commission of Inquiry (RCI) report on the management and operations of Lembaga Tabung Haji (TH) had been released in full without any censorship or redactions.

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Tabung Haji RCI report: Anwar questions 13-month bonus payout, calls it breach of trust

KUALA LUMPUR, July 31 — Prime Minister Datuk Seri Anwar Ibrahim has described the alleged payment of 13 months’ worth of bonuses to Tabung Haji staff despite the institution recording losses as a breach of trust. The issue was among

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Dirty trolleys, bacteria and false labels: Singapore caterer in court after 60 students sick with gastroenteritis

SINGAPORE, July 31 — Singapore school caterer Gourmetz is facing six food safety charges linked to an incident where 60 pupils from River Valley Primary School (RVPS) suffered from gastroenteritis after consuming its meals. The charges, filed under Singapore’s Sale

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ExxonMobil, Chevron profits surge as Middle East crisis lifts oil prices, but Trump under pressure as US consumers feel the squeeze

NEW YORK, July 31 — US oil giants are set to report blowout profits Friday at a time when lofty gasoline prices are stressing consumers and exacerbating President Donald Trump’s worries about upcoming midterm elections. The second-quarter reports from ExxonMobil

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Mahan Air faces new US sanctions over alleged aid to Iran’s military

WASHINGTON, July 31 — The US Treasury on Thursday imposed sanctions on six individuals and companies it said were helping Iran’s Mahan Air, an airline accused of supporting Tehran’s Islamic Revolutionary Guard Corps (IRGC). The latest sanctions target a China-based

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Trump says US has enough ammo, but wants more as Iran war drains supplies

WASHINGTON, July 31 — Tehran’s forces have carried out frequent missile and drone attacks in the Middle East since the breakdown of the US-Iran ceasefire, raising renewed concerns about Washington’s supply of weapons needed to intercept them. Highlighting the issue,

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