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Ghost tickets: World Cup fans left flustered by last-minute StubHub ticket cancellations
NEW YORK, June 27 — Jeremy Wright knew exactly what he wanted to gift his wife, Sarah, for Christmas last year: tickets to a World Cup soccer game. Wright used US resale platform StubHub and snagged two tickets to watch
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Saudi Aramco resumes Gulf oil exports after nearly four-month halt
SINGAPORE, June 26 — Saudi Aramco resumed crude loadings on today at its Ras Tanura terminal in the Gulf after a near four-month halt, shipping data showed, as the world’s biggest oil exporter joined a rush to move cargoes amid industry
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Samsung plans US$648b South Korea investment over decade to power AI chip boom
SEOUL, June 26 — Samsung Group will pledge on Monday 1,000 trillion won (US$648 billion) in South Korea over the next decade, a media report said, in a sweeping effort to turn a global AI-driven chip boom into a nationwide growth
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Ringgit opens softer despite easing Hormuz tensions
KUALA LUMPUR, June 26 — The ringgit opened marginally lower against the US dollar on Friday as stronger-than-expected US economic data boosted the greenback. On another front, the reopening of the Strait of Hormuz saw risk appetite improving, which limited
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MAHB: Malaysia adds four new international flight routes to China and Indonesia
KUALA LUMPUR, June 25 — Malaysia strengthened its air connectivity with China and Indonesia through the launch of four new international services by Hainan Airlines, China Eastern Airlines, Wings Air and AirAsia, according to Malaysia Airports Holdings Bhd (MAHB). MAHB
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ASNB declares 5.50 sen per unit income distribution for ASB 3 Didik, highest in eight years
KUALA LUMPUR, June 25 — Amanah Saham Nasional Bhd (ASNB) has declared an income distribution of 5.50 sen per unit for its fixed-price fund, Amanah Saham Bumiputera 3 Didik (ASB 3 Didik), for the financial year ending June 30, 2026.
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China’s top auditor flags billions in tax evasion and illegal loans at state banks
BEIJING, June 25 — Two of China’s top state-owned banks, which are among the world’s largest financial institutions, have evaded billions of yuan in tax and issued illegal loans, according to the country’s national auditor. The Bank of China, one
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Lazada layoffs: E-commerce firm to cut 5pc of Southeast Asian workforce
SINGAPORE, June 24 — Regional e-commerce heavyweight Lazada will retrench 5 per cent of its Southeast Asian workforce, including in Singapore, as the company pivots toward a leaner operational model. A Lazada spokesperson confirmed on June 23 that the company
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Airbus orders urgent A380 wing inspections after cracks found
TOULOUSE, June 24 — Airbus on Tuesday said it would inspect 16 A380 planes, five of them immediately, after cracks were found in a key wing component on aircraft used by the Emirates and Qantas airlines. The European Union Aviation
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Can Jakarta dodge a devastating downgrade? MSCI set to decide Indonesia’s emerging markets status today
SINGAPORE, June 23 — Global index provider MSCI is poised to decide on Tuesday on whether Indonesia retains its emerging markets status or edges towards a downgrade, a move that could accelerate outflows from the world’s worst-performing stock market. The
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