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Grab to launch ‘Carri’ robot to speed up deliveries and boost driver efficiency
JAKARTA, April 8 — South-east Asia’s top ride-hailing and delivery firm, Grab, is planning to introduce “Carri”, a physical automation robot, to bridge the gap between digital intelligence and real-world logistics. Its group chief executive officer and co-founder, Anthony Tan,
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Ringgit strengthens as markets react to two-week pause in US strikes on Iran
KUALA LUMPUR, April 8 — The ringgit strengthened to the 3.99 level against the US dollar, supported by improved market sentiment after US President Donald Trump announced a two-week pause in military action against Iran following talks with Pakistani leaders.
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Oil prices plunge and stocks jump after US-Iran two-week ceasefire
SINGAPORE, April 8 — Oil prices dived, bonds rallied and stocks surged today after a two-week ceasefire in the Middle East spurred a relief rally as investors cheered the possible resumption of oil and gas flowing through the Strait of Hormuz.
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Thailand considers late-night petrol station closures as Middle East tensions drive shortages
BANGKOK, April 7 — Thailand is considering enforcing overnight closures of petrol stations beginning later this month, the prime minister said today, an effort to preserve fuel as the Middle East war has driven fears of shortages. Anutin Charnvirakul, whose
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Ringgit ends almost flat against US dollar amid West Asia tensions
KUALA LUMPUR, April 7 — The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia. At 6 pm, the local note was almost flat against the greenback, being slightly
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Bursa Malaysia extends losses for fourth day as West Asia tensions keep investors cautious
KUALA LUMPUR, April 7 — Bursa Malaysia ended on a softer note, with the benchmarik index extending its decline to a fourth consecutive day, and falling by nearly 2.0 per cent cumulatively over the period, as investors adopted a defensive
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Media reports: Air India CEO Campbell Wilson resigns, no reason given
NEW DELHI, April 7 — The chief executive of Indian carrier Air India, Campbell Wilson, has resigned from his position, local media reported today. The reports did not specify the reasons for Wilson’s resignation, but the airline has come under
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International energy agency chief: Mideast war could kickstart renewables boom
PARIS, April 7 — The world’s worst energy crisis, caused by the Middle East war, will accelerate the development of renewables, nuclear energy and electric vehicles, the head of the International Energy Agency has predicted. In an interview published today
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Asian airlines trim schedules and carry extra fuel as supplies tighten
HONG KONG, April 7 — Airlines across Asia are cutting flights, carrying extra fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel supply in some countries, adding to pressure on an industry already
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Samsung Electronics expects record US$37.9b profit in Q1, 68pc sales surge amid AI boom
SEOUL, April 7 — Tech giant Samsung Electronics today estimated its first quarter profit had soared 755 per cent annually to a record high of 57.2 trillion won (RM150 billion), driven by strong sales of chips crucial for AI. The
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