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HSBC strengthens investment in Malaysia with opening of third Premier Centre in Subang Jaya
KUALA LUMPUR, May 28 — HSBC Malaysia has opened an all-new Premier Centre at its Subang Jaya branch in the bustling Taipan Business Centre, marking its third newly opened Premier Centre following launches in Petaling Jaya and Puchong earlier this
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‘Tank Day’ backlash wipes RM22m off Starbucks Korea weekly sales
SEOUL, May 27 — Starbucks Korea’s sales have taken a sharp hit after backlash over a promotional campaign accused of mocking one of South Korea’s darkest chapters in modern history, according to new data reported by the Korea JoongAng Daily. Figures
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Americans can now use PayPal in China after Tencent integrates it with WeChat Pay network
BEIJING, May 27 — US PayPal users can now make purchases across China using WeChat Pay’s QR-code merchant network, Tencent Financial Technology said today, adding the service will be rolled out to PayPal users in other markets in phases. Tencent’s
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Jensen Huang says Nvidia will pour US$150b a year into Taiwan, the ‘epicentre of the AI revolution’
TAIPEI, May 27 — Nvidia will increase investment in Taiwan to US$150 billion (RM600 billion) a year, the US chip giant’s boss said today, describing the export-driven island as the “epicentre of the AI revolution”. Jensen Huang, the chief executive
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Paramount’s US$110b Warner Bros takeover appears to clear major US hurdle
WASHINGTON, May 27 — US antitrust regulators appear ready to approve Paramount’s US$110 billion (RM440 billion) takeover of Warner Bros. Discovery, after a two-hour meeting at the Justice Department, Semafor reported yesterday, citing people familiar with the matter. At the
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Nvidia supplier SK hynix becomes Asia’s latest US$1t tech giant
SEOUL, May 27 — The market value of South Korean memory chip maker SK hynix soared past US$1 trillion (RM4 trillion) today thanks to frenzied global demand for the computing hardware that powers artificial intelligence tools. SK hynix’s new benchmark
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Asian markets wobble between AI frenzy and Iran war jitters
HONG KONG, May 27 — Asian equities were mixed today with gains driven by tech stocks and guarded optimism the United States and Iran will reach a peace deal. Negotiations between Washington and Tehran to end the Middle East war
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Fuel shock from Iran war pushes Bangladesh back to IMF negotiating table
WASHINGTON, May 27 — The International Monetary Fund said yesterday it was in negotiations with the Bangladeshi government for a new assistance programme at Dhaka’s request, as the South Asian country reels from the economic fallout of the Iran war.
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BP sacks chairman Albert Manifold less than a year into role, shares slide
LONDON, May 27 — British oil giant BP unexpectedly removed Albert Manifold as chairman yesterday after less than one year in the role, citing “serious concerns” about governance standards, oversight and conduct at the company. “The board has been surprised
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Retired civil servant earns over RM7,000 monthly from Mersing fruit farm
MERSING, May 26 — The owner of an MD2 pineapple and banana plantation, which covers an area of 8.09 hectares on Jalan Pak Wan here, is aiming high to transform his enterprise, which has been running since 2021, into an
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