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Sunway Construction shares rise after MACC clears group from graft probe
KUALA LUMPUR, Aug 20 — Sunway Construction Group Bhd’s shares on Bursa Malaysia went up in the early session today after the company and its subsidiaries were spared from an ongoing anti-graft probe involving one of its employees. At 10.15 am,
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Air Canada flight attendants strike enters fourth day with no deal in sight
MONTREAL, Aug 19 — Air Canada flight attendants extended their strike into a fourth day today, although the union said both sides had resumed talks as hundreds of thousands of passengers had flights cancelled during the busy summer travel season.
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OpenAI launches ChatGPT Go at RM19 a month in India, as it eyes bigger slice of world’s largest internet market
BENGALURU, Aug 19 — ChatGPT maker OpenAI today launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees (RM19.33) per month, its most affordable offering yet, as the company looks to deepen its presence in its second-largest market.
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FGV trading to be suspended Aug 25 ahead of delisting move
KUALA LUMPUR, Aug 18 — Bursa Malaysia Bhd announced that the trading in the securities relating to FGV Holdings Bhd will be suspended with effect from 9am, August 25, 2025, pursuant to Paragraph 16.02(3) of the Main Market Listing Requirements.
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Proton’s first EV plant in Tanjung Malim nearly ready, production to begin September
KUALA LUMPUR, Aug 18 — Proton Holdings Bhd said its new electric vehicle (EV) manufacturing plant in Tanjung Malim is almost complete, with full-scale production scheduled to start in September. In a press release today, Proton said the facility, built
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Fire sales and defaults deepen Hong Kong commercial real estate crisis
HONG KONG, Aug 18 — Hong Kong’s debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by nearly 70 per cent next year amid falling sales and valuations for the
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Qantas hit with Australia’s largest corporate penalty for illegal layoffs
SYDNEY, Aug 18 — An Australian court fined Qantas A$90 million (RM247 million) on Monday for illegally laying off 1,800 ground staff during the Covid-19 pandemic, ending a five-year legal battle over the workers’ rights. Federal Court Justice Michael Lee
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Bank Negara to issue open finance draft soon, eyes policy rollout next year, says governor
KUALA LUMPUR, Aug 15 — Bank Negara Malaysia (BNM) will release an Exposure Draft on Open Finance soon and finalise the policy by next year, with the first phase to be rolled out in the interim, subject to industry and
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Chinese hotels turn to hawking food as guests tighten belts
BEIJING, Aug 15 — Every evening, staff at Beiyuan Grand Hotel in Beijing set up street stalls selling freshly-cooked gourmet dishes trying to make up for falling revenue indoors as Chinese consumers and firms cut spending on travel, conferences and
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Norway’s US$2t wealth fund expects to sell more Israeli stocks over Gaza, West Bank conflict
ARENDAL (Norway), Aug 12 — Norway’s US$2 trillion (RM8.5 trillion) sovereign wealth fund, the world’s largest, said on Tuesday it expects to divest from more Israeli companies as part of its ongoing review of investments in the country over the
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