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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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Malaysian businesses turn cautious in 2Q, but services sector stays upbeat
KUALA LUMPUR, May 26 — Businesses anticipate a softer second quarter 2026 (2Q 2026) outlook with the confidence indicator easing to negative 1.8 per cent from 4 per cent in the previous quarter, according to the Statistics Department Malaysia (DoSM).
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Penang tops exports while Johor leads imports in April 2026 trade
KUALA LUMPUR, May 26 — Penang, Johor, Selangor, Sarawak and Kuala Lumpur dominated Malaysia’s exports, accounting for 88.9 per cent of April 2026’s total, according to the Statistics Department Malaysia (DOSM). In the Export-Import Statistics by State April 2026 report
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Ringgit opens slightly firmer against US dollar as markets watch US-Iran negotiations
KUALA LUMPUR, May 26 — The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the
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