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Amazon Web Services says overheating at North Virginia data centre disrupts services
SAN FRANCISCO, May 8 — Amazon’s cloud unit, Amazon Web Services, said yesterday it was working to restore normal temperatures at a data centre in North Virginia after overheating disrupted some services. The incident caused a power loss that affected
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Trump gives EU July 4 deadline to ratify trade deal or face ‘much higher’ tariffs
WASHINGTON, May 8 — President Donald Trump yesterday said the European Union must ratify its trade deal with the United States by July 4 or face “much higher” tariffs, after European officials fell short of agreement on the pact. Trump
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Ringgit opens higher against euro, pound, yen; slips vs greenback
KUALA LUMPUR, May 8 — The ringgit opened higher against most major currencies but eased versus the US dollar as investors remained cautious following renewed escalation in the West Asia conflict, which dimmed hopes for a peace deal between the
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Bursa Malaysia climbs at open as banks lead gains ahead of Bank Negara OPR decision
KUALA LUMPUR, May 7 — Bursa Malaysia opened higher on Thursday, supported by buying interest in banking and financial stocks ahead of Bank Negara Malaysia’s Overnight Policy Rate (OPR) announcement later today, in line with overnight gains on Wall Street.
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AirAsia’s record 150-aircraft Airbus order lifts Capital A shares
KUALA LUMPUR, May 7 — Capital A Bhd shares rose in early trade today following AirAsia Bhd’s placing an order for 150 Airbus A220 aircraft, the largest order for the model to date. Capital A is the parent and holding
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Airbus confirms record 150-jet A220 order
KUALA LUMPUR, May 7 — Airbus has confirmed today that AirAsia Bhd has placed an order for 150 A220 aircraft, the largest order for the model so far. Lars Wagner, Airbus chief executive officer of the Commercial Aircraft business, announced
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Ringgit opens at 3.905 against US dollar, nears RM3.90 as traders await Bank Negara OPR decision
KUALA LUMPUR, May 7 — The ringgit extended yesterday’s momentum to open higher on Thursday, amid expectations that it could appreciate further today. Market consensus opines that Bank Negara Malaysia (BNM) is likely to keep the Overnight Policy Rate (OPR)
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Oil tumbles and stocks rally on peace hopes, Samsung tops US$1t
HONG KONG, May 6 — Oil prices dived again today on fresh hopes for an end to the Iran war, while Samsung blasted past the US$1 trillion valuation mark in an equity markets rally stoked by the AI tech boom.
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Insurance premiums stable for now but pressure is building, says PIAM
KUALA LUMPUR, May 6 — Malaysia’s insurance industry says premiums remain broadly manageable for now, but warns that rising claims costs, climate risks and global uncertainties could put pressure on prices in the future. General Insurance Association of Malaysia (PIAM)
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Malaysia Airlines climbs four places in global brand rankings amid premium pivot
KUALA LUMPUR, May 5 — Malaysia Airlines and AirAsia have recorded increases in their estimated brand value over the past year, according to the Airlines 50 2026 report released today by brand valuation consultancy Brand Finance. The report showed that
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