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Malaysia’s inflation up 2pc in May as information, food and housing groups record gains, says DOSM
KUALA LUMPUR, June 19 — Malaysia’s inflation increased 2.0 per cent in May 2026 with the index points rising to 137.1 from 134.4 versus a year ago, said the Statistics Department Malaysia (DOSM). Chief statistician Datuk Seri Dr Mohd Uzir
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US tells ASML it is concerned one of its chipmaking tools may be in China, Bloomberg News reports
WASHINGTON, June 19 — US Commerce Secretary Howard Lutnick has told ASML that Washington is concerned that one of its top chipmaking machines may have found its way to China in violation of US-led export restrictions, Bloomberg News reported yesterday.
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Why Europe is getting nervous about Palantir, the data firm named after ‘The Lord of the Rings’ seeing-stones
WASHINGTON, June 19 — France’s move Tuesday to drop Palantir from its intelligence services is the latest sign of European unease with the American data-mining firm — a company that has grown from a CIA-backed startup into one of the most
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Perodua cuts service and parts prices by up to 10pc across all models, including EV
KUALA LUMPUR, June 18 — Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is reducing the price of its service maintenance parts, including labour, by up to 10 per cent, beginning June 19. The carmaker said the initiative is in line with
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Trump says Apple teaming with Intel on US‑made chips as Washington pushes supply‑chain security
WASHINGTON, June 18 — US President Donald Trump said in a Truth Social post today that Apple has agreed to work with Intel to design and manufacture its chips in the United States. A partnership with Intel helps Apple diversify
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Cook says Apple facing ‘hundred‑year flood’ in AI‑driven chip prices, warns of product hikes
SAN FRANCISCO, June 18 — Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase the prices of its products, according to an interview with the Wall Street
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DeepSeek valued at over US$50b as Tencent, JD.com join funding round, say reports
BEIJING, June 17 — Investors have valued Chinese artificial intelligence startup DeepSeek at more than US$50 billion (RM203 billion) in the company’s first fundraising round, reports said. The firm released its latest AI model in April, having stunned the world
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Shein out at BHV as Paris retailer changes hands and charts new course
PARIS, June 17 — French department store BHV and online fast-fashion retailer Shein have ended their partnership, just seven months after the opening of a permanent Shein shop in the Paris department store triggered controversy and widespread criticism. Société des
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Fujitsu chairman quits over ‘woman-related inappropriate conduct’ scandal
TOKYO, June 17 — Fujitsu’s chairman has stepped down over “woman-related inappropriate conduct”, the Japanese computing systems firm told AFP on Wednesday. Hidenori Furuta’s departure, effective Tuesday, came after the company became aware of the issue this month, a spokesman
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BMW slashes 2026 outlook as West Asia war shock and China slump batter profits
FRANKFURT, June 17 — German carmaker BMW downgraded its 2026 targets Tuesday due to turmoil from the Middle East war and worsening business in key market China, and vowed to step up cost-cutting efforts. It is the latest bad news
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