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Pichai set to become one of world’s highest‑paid CEOs under new Google pay deal worth up to US$692m over three years
NEW YORK, March 7 — The CEO of Google and its parent company Alphabet could earn up to US$692 million (RM2.7 billion) over the next three years under a new compensation plan published yesterday by the US Securities and Exchange
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Cautious start for ringgit against US dollar amid elevated oil prices
KUALA LUMPUR, March 6 — The ringgit was nearly flat against the US dollar at Friday’s open as foreign exchange sentiment stayed cautious amid no signs of the Middle East crisis easing over the past week. At 8 am, the
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Oil prices drop in Asian trade as Trump pledges intervention in Hormuz
TOKYO, March 6 — Oil prices fell more than two per cent in early Asian trade after strong gains in recent days on the back of the conflict in the Middle East. West Texas Intermediate was down 2.09 per cent
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Trump hit with new tariff lawsuit as US states accuse him of illegal ‘end run’ around Supreme Court ruling
WASHINGTON, March 6 — A group of 24 US states sued President Donald Trump’s administration on Thursday in the first legal challenge to his newly imposed 10 per cent global tariffs, alleging that the president cannot sidestep a recent US
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AirAsia X short-selling halted on Bursa Malaysia after shares hit 15pc limit
KUALA LUMPUR, March 5 — Bursa Malaysia Bhd has suspended intraday short-selling (IDSS) on AirAsia X Bhd (AAX) until 8.30am tomorrow after the counter dropped more than 15 per cent/15 sen from the reference price. AAX share price dropped sharply
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South Korean chipmakers warn Iran crisis could disrupt materials, push up prices
SEOUL, March 5 — South Korea’s chip industry is concerned that a prolonged Iranian crisis will disrupt supplies of key materials from the Middle East and increase chip prices due to a spike in energy costs, a ruling party lawmaker
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China orders top refiners to halt diesel, petrol exports amid Middle East tensions
BEIJING, March 5 — China has told its largest oil refiners to suspend exports of diesel and gasoline, Bloomberg News reported Thursday, as the war in the Middle East increasingly risks an energy supply crunch. China is a net importer
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Bursa Malaysia tracks Wall Street gains, KLCI rises 3.86 points
KUALA LUMPUR, March 5 — Bursa Malaysia opened higher on Thursday, tracking positive overnight Wall Street performance as easing oil prices and upbeat economic data soothed concerns over the US-Iran geopolitical crisis. At 9.16am, the FTSE Bursa Malaysia KLCI (FBM
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US judge orders refund of US$130b in Trump-era tariffs
WASHINGTON, March 5 — A US trade court judge on Wednesday ordered the government to begin paying potentially billions of dollars in refunds to importers who paid tariffs that the Supreme Court said last month were collected illegally. Judge Richard
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Oil jumps nearly 2pc as Hormuz tensions rattle Asian trade
TOKYO, March 5 — Oil prices rose nearly two per cent in early Asian trade on Thursday off the back of persistent worries about supplies because of the Middle East conflict. At around 2310 GMT West Texas Intermediate, having closed
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